Business ethics ethical decision making cases 10th edition by o c ferrell test bank.pdf

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Business Ethics Ethical Decision Making and Cases, 13th Edition
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By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
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,TABLE OF CONTENTS 0 0 0




Part 1: An Overview of Business Ethics
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1: The Importance of Business Ethics
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2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
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3: Sustainability: Ethical and Social Responsibility Dimensions
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Part 2: Ethical Issues and the Institutionalization of Business Ethics
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4: The Institutionalization of Business Ethics
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5: Emerging Business Ethics Issues
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Part 3: The Decision-Making Process
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6: Ethical Decision Making
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7: Individual Factors: Moral Philosophies and Values
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8: Organizational Factors: The Role of Ethical Culture and Relationships
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Part 4: Implementing Business Ethics in a Global Economy
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9: Developing and Implementing an Effective Ethics Program
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10: Global Business Ethics Issues
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11: Ethical Leadership
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12: Technology: Ethics and Social Responsibility Issues
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,1: The Importance of Business Ethics
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1. Principles0are
a. laws0and0regulations0that0guide0behavior0in0the0world0of0business.
b. mores,0values,0and0customs0that0guide0behavior0in0general.
c. specific0and0pervasive0boundaries0for0behavior0that0are0universal0and0absolute.
d. the0obligations0businesses0assume0to0maximize0their0positive0impact0and0minimize0their0negative0impact0o
n0stakeholders.
e. the0mores,0values,0and0customs0that0parents0teach0their0children.

ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.05
LEARNING0OBJECTIVES:0 LO:01-10-
0Explore0conceptualizations0 of0business0ethics0from0an0organizational0perspective.

NATIONAL0 STANDARDS:0 0 United0States0-0BUSPROG:0 Ethics
STATE0 STANDARDS: United0States0-0NONE0-0DISC:0Ethical0Responsibilities0 -0Ethical0Responsibilities
KEYWORDS: Blooms:0Comprehension

2. Social0responsibility0is
a. an0organization's0 obligation0to0maximize0its0positive0effects0and0minimize0its0negative0effects0on0stakeholders.
b. principles0and0standards0that0guide0behavior0in0the0world0of0business.
c. a0business's0responsibility0 not0to0pollute0the0environment.
d. a0business's0responsibility0to0manufacture0products0that0function0properly.
e. charitable0contributions0made0by0a0business0to0enhance0its0image.

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.023
LEARNING0 OBJECTIVES:0 LO:01-40-
0Gain0insight0into0the0extent0of0ethical0misconduct0in0the0workplace0and0the0pressures0for

0unethical0behavior.

NATIONAL0 STANDARDS:0 0 United0States0-0BUSPROG:0 Ethics
STATE0 STANDARDS: United0States0-0NONE0-0DISC:0Ethical0Responsibilities0 -0Ethical0Responsibilities
KEYWORDS: Blooms:0Knowledge

, 3. The0
was/were0enacted0to0restore0confidence0in0financial0reporting0and0business0ethics0after0the0accounting
0scandals0of0the0early02000s.
a. Defense0Industry0Initiative0on0Business0Ethics0and0Conduct
b. Sarbanes-Oxley0 Act
c. Federal0Sentencing0Guidelines0for0Organizations
d. Foreign0Corrupt0Practices0Act
e. Dodd-Frank0 Wall0Street0Reform0and0Consumer0Protection0Act

ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.013
LEARNING0OBJECTIVES:0 LO:01-20-0Examine0the0historical0foundations0and0evolution0of0business0ethics.
NATIONAL0 STANDARDS:0 0 United0States0-0BUSPROG:0 Ethics
STATE0 STANDARDS: United0States0-0NONE0-0DISC:0Ethical0Responsibilities0 -0Ethical0Responsibilities
KEYWORDS: Blooms:0Knowledge

4. The0term0 business0 ethics0 is0best0described0 by0the0following0 statement:
a. It0is0the0study0and0philosophy0of0human0conduct,0with0an0emphasis0on0determining0right0and0wrong.
b. It0is0an0"inquiry0into0the0nature0and0grounds0of0morality0where0the0term0morality0is0taken0to0mean0mora
l0judgments,0standards0and0rules0of0conduct."
c. It0is0the0"study0of0the0general0nature0of0morals0and0of0specific0moral0choices;0moral0philosophy;0and0the0rule
s0or0standards0governing0the0conduct0of0the0members0of0a0profession."
d. It0is0an0organization's0obligation0to0maximize0its0positive0effects0and0minimize0its0negative0effects0o
n0stakeholders.
e. It0comprises0the0principles,0values,0and0standards0that0guide0behavior0in0the0world0of0business.

ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.05
LEARNING0OBJECTIVES:0 LO:01-10-
0Explore0conceptualizations0 of0business0ethics0from0an0organizational0perspective.

NATIONAL0 STANDARDS:0 0 United0States0-0BUSPROG:0 Ethics
STATE0 STANDARDS: United0States0-0NONE0-0DISC:0Ethical0Responsibilities0 -0Ethical0Responsibilities
KEYWORDS: Blooms:0Knowledge