BUS 2000 Exam 1 With Questions And Correct Answers
1. What are the 5
1. Managerial economics; micro/macro
main business
2. Accounting/Finance
disciplines?
3. Marketing and behavioral science
4. Computer Information systems/operational research
5. Management/organizational behaviour
1. Ethical decision making
2. What are the 5
2. Communication skills
pillars of business?
3. Quantitative analytical skills
4. Information literacy competencies
5. Global business/management
3. Ethics society's accepted standards of moral behavior; behaviors
accepted by society as right rather than wrong
4. What are the 1. Is my proposed action legal? (legal is not always ethical)
three questions 2. Is it balanced? (it is fair)
to make ethical 3. How will it make me feel about myself?
decisions?
ethical standards that emphasize preventing unlawful behavior by
5. compliance- increas- ing control and by penalizing wrongdoers
based ethics
codes
6. integrity-based ethics ethical standards that define the organization's guiding values,
create an
codes tegrity-based ethics codes?
7. What is the differ-
ence between
com- pliance-
based and in-
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24
, BUS 2000 Exam 1 With Questions And Correct Answers
vironment that supports ethically Integrity - focus on what is right
sound behavior, and stress a Compliance - focus on what is
shared accountability among legal
employees
8.
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24
, BUS 2000 Exam 1 With Questions And Correct Answers
What are the 4 main 1. Rights/responsibilities (duties)
frameworks of 2. Relationships (fair systems)
busi- ness 3. Results (goals)
ethics? 4. Reputation (virtues)
To be honest and responsibly carry out duties that you are obligated to.
9. What are
the rights/responsi- ex. selling your car - you are obligated to disclose hazardous
bilities in context
of the framework defects
of business
ethics?
10. What are the Focused on how you interact with people and how you treat others.
rela- tionships
(fair sys- tems) Employees being paid fairly based on workload; systematic discrimina-
in the context
of the business ethics tion
framework?
11. What are the Focused on unitarianism, doing the greatest good for the most
results (goals) in amount of people
the context of the
business ethics ex. laying ott 20% of workforce to save the company rather than
framework? going bankrupt and have everyone loose their jobs.
12. Utalitarianism Greatest good for greatest amount of people, cost and benefit
analysis
13. What are the busi- ness ethics frame- work?
reputa- tion
(virtues) in the 14. What are top ethical issues?
context of the
3/
24
1. What are the 5
1. Managerial economics; micro/macro
main business
2. Accounting/Finance
disciplines?
3. Marketing and behavioral science
4. Computer Information systems/operational research
5. Management/organizational behaviour
1. Ethical decision making
2. What are the 5
2. Communication skills
pillars of business?
3. Quantitative analytical skills
4. Information literacy competencies
5. Global business/management
3. Ethics society's accepted standards of moral behavior; behaviors
accepted by society as right rather than wrong
4. What are the 1. Is my proposed action legal? (legal is not always ethical)
three questions 2. Is it balanced? (it is fair)
to make ethical 3. How will it make me feel about myself?
decisions?
ethical standards that emphasize preventing unlawful behavior by
5. compliance- increas- ing control and by penalizing wrongdoers
based ethics
codes
6. integrity-based ethics ethical standards that define the organization's guiding values,
create an
codes tegrity-based ethics codes?
7. What is the differ-
ence between
com- pliance-
based and in-
1/
24
, BUS 2000 Exam 1 With Questions And Correct Answers
vironment that supports ethically Integrity - focus on what is right
sound behavior, and stress a Compliance - focus on what is
shared accountability among legal
employees
8.
2/
24
, BUS 2000 Exam 1 With Questions And Correct Answers
What are the 4 main 1. Rights/responsibilities (duties)
frameworks of 2. Relationships (fair systems)
busi- ness 3. Results (goals)
ethics? 4. Reputation (virtues)
To be honest and responsibly carry out duties that you are obligated to.
9. What are
the rights/responsi- ex. selling your car - you are obligated to disclose hazardous
bilities in context
of the framework defects
of business
ethics?
10. What are the Focused on how you interact with people and how you treat others.
rela- tionships
(fair sys- tems) Employees being paid fairly based on workload; systematic discrimina-
in the context
of the business ethics tion
framework?
11. What are the Focused on unitarianism, doing the greatest good for the most
results (goals) in amount of people
the context of the
business ethics ex. laying ott 20% of workforce to save the company rather than
framework? going bankrupt and have everyone loose their jobs.
12. Utalitarianism Greatest good for greatest amount of people, cost and benefit
analysis
13. What are the busi- ness ethics frame- work?
reputa- tion
(virtues) in the 14. What are top ethical issues?
context of the
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24
