BUL 3310 Chapter 2 Exam Questions and Answers Latest Version 2025 Graded A+
"Everybody else does it" is a valid test for determining whether conduct is ethical. - Answers False
"If you think what we're doing now is bad, you should have seen 10 years ago at this company..." is an
example of - Answers Rationalization
"It's a gray area," if it applies, means that the conduct you are evaluating is ethical, so long as you stay in
the gray area. - Answers False
"I was just following orders," is a defense in law and a test for ethical behavior. - Answers False
"That's the way it has always been done," is a phrase that often signals ethical difficulties. - Answers
True
A code of ethics is an individual firm's behavior standard for employees. - Answers True
A lack of business ethics can result in a lack of business goodwill. - Answers True
A stakeholder is anyone - Answers who has an interest in a business
An ombudsperson and/or ethics hotline are both critical to an ethical culture in a company. - Answers
True
Business ethics is the application of standards for moral reasoning to business dilemmas. - Answers True
Business ethics provides a guarantee of profitability. - Answers False
Colleges and universities are given complimentary trips, staff assistance, marketing stipends and other
in-kind materials by companies that provide study-abroad programs for students in exchange for the
colleges and universities marketing the programs exclusively to their student bodies. Students are not
aware of the benefits the travel-abroad companies provide to their colleges and universities. Which
category of ethical dilemma applies here?
conflict of interest, hiding information, taking unfair advantage? - Answers ALL
Compliance with the law meets all ethical standards. - Answers False
Condoning unethical behavior is an ethical breach. - Answers True
Conflicts of interest can result in the use of quid pro quo. - Answers True
Corruption impedes economic development. - Answers True
"Everybody else does it" is a valid test for determining whether conduct is ethical. - Answers False
"If you think what we're doing now is bad, you should have seen 10 years ago at this company..." is an
example of - Answers Rationalization
"It's a gray area," if it applies, means that the conduct you are evaluating is ethical, so long as you stay in
the gray area. - Answers False
"I was just following orders," is a defense in law and a test for ethical behavior. - Answers False
"That's the way it has always been done," is a phrase that often signals ethical difficulties. - Answers
True
A code of ethics is an individual firm's behavior standard for employees. - Answers True
A lack of business ethics can result in a lack of business goodwill. - Answers True
A stakeholder is anyone - Answers who has an interest in a business
An ombudsperson and/or ethics hotline are both critical to an ethical culture in a company. - Answers
True
Business ethics is the application of standards for moral reasoning to business dilemmas. - Answers True
Business ethics provides a guarantee of profitability. - Answers False
Colleges and universities are given complimentary trips, staff assistance, marketing stipends and other
in-kind materials by companies that provide study-abroad programs for students in exchange for the
colleges and universities marketing the programs exclusively to their student bodies. Students are not
aware of the benefits the travel-abroad companies provide to their colleges and universities. Which
category of ethical dilemma applies here?
conflict of interest, hiding information, taking unfair advantage? - Answers ALL
Compliance with the law meets all ethical standards. - Answers False
Condoning unethical behavior is an ethical breach. - Answers True
Conflicts of interest can result in the use of quid pro quo. - Answers True
Corruption impedes economic development. - Answers True
