©JUSTTRACY EXAM SOLUTIONS
25/11/2024 3:50PM
BMAL 590 Business Ethics Updated
Exam Questions And Answers
The study of business ethics is important to better understand all of the following EXCEPT -
answers✔✔That business ethics is merely an extension of an individual's own personal ethics
Social responsibility is - answers✔✔An organization's obligation to maximize its positive
effects and minimize its negative effects on stakeholders
Which of the following was (were) developed in 1980s to encourage corporate support for
ethical conduct by establishing a method for discussing "best practices?" -
answers✔✔Defense Industry Initiative on Business Ethics and Conduct
The ________ was (were) enacted to restore confidence in financial reporting and business
ethics after the accounting scandals of the early 2000s - answers✔✔Sarbanes-Oxley Act
In the history of business ethics, the 1990s can be best described as a time when business
ethics was - answers✔✔Institutionalized
Which one of the following is not one of the rewards for being ethical and socially
responsible in business? - answers✔✔Greater employee turnover
When employees see honesty, respect, and trust applied frequently in the workplace, they -
answers✔✔All of these
Most strong organizational climates focus on the value of placing ________ interests first -
answers✔✔customers'
To be successful, relationships with investors must rest on dependability, _________, and
commitment - answers✔✔Trust
The rise of consumerism occurred during the - answers✔✔1960s
, ©JUSTTRACY EXAM SOLUTIONS
25/11/2024 3:50PM
Which of the following is the first step in the ethical decision-making process? -
answers✔✔Recognizing that an issue requires an individual or work group to make a choice
that ultimately will be judged by stakeholders as right or wrong
Which of the following is not one of six "spheres of influence" to which individuals are
subject when confronted with an ethical issue? - answers✔✔Education
Which statement best describes the relationship between those who believe in external
control (externals) and those who believe in internal control (internals)? -
answers✔✔Externals believe in going with the flow, while internals believe that they control
events in their lives by their own effort and skill
Obedience to authority is part of which of the following components of the ethical decision-
making framework? - answers✔✔Superiors
External rewards and internal rewards relate to which part of the ethical decision-making
framework? - answers✔✔Opportunity
It is impossible to agree on __________ judgments about what is ethical -
answers✔✔Normative
The role of leadership in developing an ethics program includes all of the following except -
answers✔✔Carefully archiving and not distributing the ethical policies of the firm
The ________ leader values people, their emotions, and their needs, and relies on friendship
and trust to promote flexibility, innovation, and risk-taking - answers✔✔Affiliative
What is difference between transactional leaders and transformational leaders? -
answers✔✔The former attempts to create employee satisfaction through negotiating or
bartering, while the latter strive to raise employees' level of commitment and foster trust and
motivation
Which of the following statements is false regarding strong ethical leaders? -
answers✔✔Strong ethical leaders are reactive
25/11/2024 3:50PM
BMAL 590 Business Ethics Updated
Exam Questions And Answers
The study of business ethics is important to better understand all of the following EXCEPT -
answers✔✔That business ethics is merely an extension of an individual's own personal ethics
Social responsibility is - answers✔✔An organization's obligation to maximize its positive
effects and minimize its negative effects on stakeholders
Which of the following was (were) developed in 1980s to encourage corporate support for
ethical conduct by establishing a method for discussing "best practices?" -
answers✔✔Defense Industry Initiative on Business Ethics and Conduct
The ________ was (were) enacted to restore confidence in financial reporting and business
ethics after the accounting scandals of the early 2000s - answers✔✔Sarbanes-Oxley Act
In the history of business ethics, the 1990s can be best described as a time when business
ethics was - answers✔✔Institutionalized
Which one of the following is not one of the rewards for being ethical and socially
responsible in business? - answers✔✔Greater employee turnover
When employees see honesty, respect, and trust applied frequently in the workplace, they -
answers✔✔All of these
Most strong organizational climates focus on the value of placing ________ interests first -
answers✔✔customers'
To be successful, relationships with investors must rest on dependability, _________, and
commitment - answers✔✔Trust
The rise of consumerism occurred during the - answers✔✔1960s
, ©JUSTTRACY EXAM SOLUTIONS
25/11/2024 3:50PM
Which of the following is the first step in the ethical decision-making process? -
answers✔✔Recognizing that an issue requires an individual or work group to make a choice
that ultimately will be judged by stakeholders as right or wrong
Which of the following is not one of six "spheres of influence" to which individuals are
subject when confronted with an ethical issue? - answers✔✔Education
Which statement best describes the relationship between those who believe in external
control (externals) and those who believe in internal control (internals)? -
answers✔✔Externals believe in going with the flow, while internals believe that they control
events in their lives by their own effort and skill
Obedience to authority is part of which of the following components of the ethical decision-
making framework? - answers✔✔Superiors
External rewards and internal rewards relate to which part of the ethical decision-making
framework? - answers✔✔Opportunity
It is impossible to agree on __________ judgments about what is ethical -
answers✔✔Normative
The role of leadership in developing an ethics program includes all of the following except -
answers✔✔Carefully archiving and not distributing the ethical policies of the firm
The ________ leader values people, their emotions, and their needs, and relies on friendship
and trust to promote flexibility, innovation, and risk-taking - answers✔✔Affiliative
What is difference between transactional leaders and transformational leaders? -
answers✔✔The former attempts to create employee satisfaction through negotiating or
bartering, while the latter strive to raise employees' level of commitment and foster trust and
motivation
Which of the following statements is false regarding strong ethical leaders? -
answers✔✔Strong ethical leaders are reactive
