Business ethics ethical decision making cases 13th Edition By O. C. Ferrell, John Fraedrich

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Business Ethics Ethical Decision Making and Cases, 13th Edition
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By O. C. Ferrell, John Fraedrich, All Chapters1 - 12
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,TABLEOFCONTENTS h h h




Part1: An Overview of Business Ethics 1:The
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Importance of Business Ethics
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2:StakeholderRelationships,SocialResponsibility,andCorporateGovernance 3:Sustainability:Ethicaland
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SocialResponsibilityDimensions
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Part2: Ethical Issues andthe Institutionalization of Business Ethics 4:TheInstitutionalization of
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Business Ethics
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5:Emerging Business EthicsIssues Part3: TheDecision-
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MakingProcess 6:Ethical Decision Making
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7:IndividualFactors:MoralPhilosophies and Values
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8:Organizational Factors: The Role of Ethical Cultureand Relationships Part4: Implementing Business Ethics
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in a Global Economy
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9:Developingand Implementing an EffectiveEthics Program 10: GlobalBusiness Ethics
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Issues
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11:EthicalLeadership
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12: Technology: Ethics andSocial Responsibility Issues
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,1: The Importance of Business Ethics
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1. Principles are h




a. laws and regulations that guide behavior in theworld ofbusiness.
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b. mores, values, and customs that guide behavior in general.
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c. specific and pervasive boundaries for behavior that are universal and absolute.
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d. theobligationsbusinessesassumetomaximizetheirpositiveimpactandminimizetheirnegativeimpact
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hon stakeholders.
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e. the mores, values, and customs that parents teach their children.
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ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5 h




LEARNING OBJECTIVES: LO:1-1-Explore conceptualizations ofbusiness ethicsfromanorganizational
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perspective. h




NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
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KEYWORDS: Blooms: Comprehension h




2. Socialresponsibility is h h




a. anorganization's obligation to maximize its positive effects andminimize itsnegative effects on stakeholders.
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b. principles andstandards thatguide behavior intheworld of business.
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c. abusiness's responsibility not topollute the environment.
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d. abusiness'sresponsibility tomanufacture products thatfunction properly.
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e. charitable contributions made byabusiness toenhance itsimage.
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ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 h




LEARNING OBJECTIVES: LO: 1-4 -Gain insight into theextent of ethical misconduct in the workplace and the
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pressures for unethical behavior. h h h h




NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
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KEYWORDS: Blooms: Knowledge h

, 3. The was/were enacted to restore confidence in financial reporting and business ethics after the h h h h h h h h h h h h




accounting scandals of the early 2000s.
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a. Defense Industry Initiative onBusiness Ethicsand Conduct
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b. Sarbanes-Oxley Act h




c. Federal Sentencing Guidelines forOrganizations
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d. Foreign Corrupt Practices Act h h h




e. Dodd-Frank Wall Street Reform and Consumer Protection Act h h h h h h h




ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 13 h




LEARNING OBJECTIVES: LO:1-2-Examine thehistorical foundations andevolution ofbusiness ethics.
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NATIONAL STANDARDS: United States - BUSPROG: Ethics h hh h h h h h




STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
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KEYWORDS: Blooms: Knowledge h




4. The term business ethics is best described by the following statement:
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a. Itisthestudyandphilosophy ofhuman conduct, withan emphasis ondetermining rightand wrong.
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b. It is an "inquiry into the nature and grounds of morality where theterm morality istaken to mean
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moral judgments, standards and rules of conduct."
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c. It isthe "study ofthe general nature of morals and ofspecific moral choices; moral philosophy; and therules
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or standards governing the conduct of the members of a profession."
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d. Itisanorganization's obligationtomaximizeitspositiveeffectsandminimizeitsnegativeeffects
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on stakeholders.
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e. Itcomprises theprinciples, values, and standards that guide behavior intheworld ofbusiness.
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ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 5 h




LEARNING OBJECTIVES: LO:1-1-Explore conceptualizations ofbusiness ethicsfromanorganizational
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perspective. h




NATIONAL STANDARDS: United States - BUSPROG: Ethics h hh h h h h h




STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
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KEYWORDS: Blooms: Knowledge h