TESTBANK p
Business Ethics Ethical Decision Making and Cases, 13th Edition
p p p p p p p p
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
p p p p p p p p p p
,TABLEpOFpCONTENTS p
Part p1: pAn pOverview pof pBusiness pEthics p 1: pThe
Importance pof pBusiness pEthics
p
2: pStakeholder pRelationships, pSocial pResponsibility, pand pCorporate pGovernance p 3: pSustainability:
Ethical pand pSocial pResponsibility pDimensions
p
Part p2: pEthical pIssues pand pthe pInstitutionalization pof pBusiness pEthics p 4: pThe
Institutionalization pof pBusiness pEthics
p
5: pEmerging pBusiness pEthics pIssues p pPart p3: pThe
Decision-Making pProcess p 6: pEthical pDecision
p
Making
p
7: pIndividual pFactors: pMoral pPhilosophies pand pValues
8: pOrganizational pFactors: pThe pRole pof pEthical pCulture pand pRelationships p pPart p4: pImplementing
Business pEthics pin pa pGlobal pEconomy
p
9: pDeveloping pand pImplementing pan pEffective pEthics pProgram p 10: pGlobal pBusiness
Ethics pIssues
p
11: pEthical pLeadership
12: pTechnology: pEthics pand pSocial pResponsibility pIssues
,1: pThe pImportance pof pBusiness pEthics
1. Principles pare
a. laws pand pregulations pthat pguide pbehavior pin pthe pworld pof pbusiness.
b. mores, pvalues, pand pcustoms pthat pguide pbehavior pin pgeneral.
c. specific pand ppervasive pboundaries p for pbehavior pthat pare puniversal pand pabsolute.
d. the pobligations pbusinesses passume pto pmaximize ptheir ppositive pimpact pand pminimize ptheir pnegative
pimpact pon p stakeholders.
e. the pmores, pvalues, pand pcustoms pthat pparents pteach ptheir pchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. p5
LEARNING pOBJECTIVES: p LO: p1-1 p- pExplore pconceptualizations pof pbusiness pethics pfrom pan porganizational
p perspective.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pComprehension
2. Social presponsibility pis
a. an porganization's p obligation pto pmaximize pits ppositive peffects pand pminimize pits pnegative peffects pon
pstakeholders.
b. principles pand pstandards pthat pguide pbehavior pin pthe pworld pof pbusiness.
c. a pbusiness's presponsibility pnot pto ppollute pthe penvironment.
d. a pbusiness's presponsibility pto pmanufacture pproducts pthat pfunction pproperly.
e. charitable pcontributions pmade pby pa pbusiness pto penhance pits pimage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. p23
LEARNING p OBJECTIVES: p p LO: p1-4 p- pGain pinsight pinto pthe pextent pof pethical pmisconduct pin pthe pworkplace
pand pthe p pressures pfor punethical pbehavior.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pKnowledge
, 3. The was/were penacted pto prestore pconfidence pin pfinancial preporting pand pbusiness pethics pafter
pthe paccounting p scandals pof pthe pearly p2000s.
a. Defense pIndustry pInitiative pon pBusiness pEthics pand pConduct
b. Sarbanes-Oxley p Act
c. Federal pSentencing pGuidelines pfor pOrganizations
d. Foreign pCorrupt pPractices p Act
e. Dodd-Frank pWall pStreet pReform pand pConsumer pProtection pAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. p13
LEARNING pOBJECTIVES: p pLO: p1-2 p- pExamine pthe phistorical pfoundations pand pevolution pof pbusiness pethics.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pKnowledge
4. The pterm p business p ethics p is pbest pdescribed p by pthe pfollowing p statement:
a. It pis pthe pstudy pand pphilosophy pof phuman pconduct, pwith pan pemphasis pon pdetermining pright pand pwrong.
b. It pis pan p"inquiry pinto pthe pnature pand pgrounds pof pmorality pwhere pthe pterm pmorality pis ptaken pto
pmean pmoral p judgments, pstandards pand prules pof pconduct."
c. It pis pthe p"study pof pthe pgeneral pnature pof pmorals pand pof pspecific pmoral pchoices; pmoral pphilosophy;
pand pthe prules por p standards pgoverning pthe pconduct pof pthe pmembers pof pa pprofession."
d. It pis pan porganization's pobligation pto pmaximize pits ppositive peffects pand pminimize pits pnegative
peffects pon p stakeholders.
e. It pcomprises pthe pprinciples, pvalues, pand pstandards pthat pguide pbehavior pin pthe pworld pof pbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. p5
LEARNING pOBJECTIVES: p LO: p1-1 p- pExplore pconceptualizations pof pbusiness pethics pfrom pan
porganizational p perspective.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pKnowledge
Business Ethics Ethical Decision Making and Cases, 13th Edition
p p p p p p p p
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
p p p p p p p p p p
,TABLEpOFpCONTENTS p
Part p1: pAn pOverview pof pBusiness pEthics p 1: pThe
Importance pof pBusiness pEthics
p
2: pStakeholder pRelationships, pSocial pResponsibility, pand pCorporate pGovernance p 3: pSustainability:
Ethical pand pSocial pResponsibility pDimensions
p
Part p2: pEthical pIssues pand pthe pInstitutionalization pof pBusiness pEthics p 4: pThe
Institutionalization pof pBusiness pEthics
p
5: pEmerging pBusiness pEthics pIssues p pPart p3: pThe
Decision-Making pProcess p 6: pEthical pDecision
p
Making
p
7: pIndividual pFactors: pMoral pPhilosophies pand pValues
8: pOrganizational pFactors: pThe pRole pof pEthical pCulture pand pRelationships p pPart p4: pImplementing
Business pEthics pin pa pGlobal pEconomy
p
9: pDeveloping pand pImplementing pan pEffective pEthics pProgram p 10: pGlobal pBusiness
Ethics pIssues
p
11: pEthical pLeadership
12: pTechnology: pEthics pand pSocial pResponsibility pIssues
,1: pThe pImportance pof pBusiness pEthics
1. Principles pare
a. laws pand pregulations pthat pguide pbehavior pin pthe pworld pof pbusiness.
b. mores, pvalues, pand pcustoms pthat pguide pbehavior pin pgeneral.
c. specific pand ppervasive pboundaries p for pbehavior pthat pare puniversal pand pabsolute.
d. the pobligations pbusinesses passume pto pmaximize ptheir ppositive pimpact pand pminimize ptheir pnegative
pimpact pon p stakeholders.
e. the pmores, pvalues, pand pcustoms pthat pparents pteach ptheir pchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. p5
LEARNING pOBJECTIVES: p LO: p1-1 p- pExplore pconceptualizations pof pbusiness pethics pfrom pan porganizational
p perspective.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pComprehension
2. Social presponsibility pis
a. an porganization's p obligation pto pmaximize pits ppositive peffects pand pminimize pits pnegative peffects pon
pstakeholders.
b. principles pand pstandards pthat pguide pbehavior pin pthe pworld pof pbusiness.
c. a pbusiness's presponsibility pnot pto ppollute pthe penvironment.
d. a pbusiness's presponsibility pto pmanufacture pproducts pthat pfunction pproperly.
e. charitable pcontributions pmade pby pa pbusiness pto penhance pits pimage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. p23
LEARNING p OBJECTIVES: p p LO: p1-4 p- pGain pinsight pinto pthe pextent pof pethical pmisconduct pin pthe pworkplace
pand pthe p pressures pfor punethical pbehavior.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pKnowledge
, 3. The was/were penacted pto prestore pconfidence pin pfinancial preporting pand pbusiness pethics pafter
pthe paccounting p scandals pof pthe pearly p2000s.
a. Defense pIndustry pInitiative pon pBusiness pEthics pand pConduct
b. Sarbanes-Oxley p Act
c. Federal pSentencing pGuidelines pfor pOrganizations
d. Foreign pCorrupt pPractices p Act
e. Dodd-Frank pWall pStreet pReform pand pConsumer pProtection pAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. p13
LEARNING pOBJECTIVES: p pLO: p1-2 p- pExamine pthe phistorical pfoundations pand pevolution pof pbusiness pethics.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pKnowledge
4. The pterm p business p ethics p is pbest pdescribed p by pthe pfollowing p statement:
a. It pis pthe pstudy pand pphilosophy pof phuman pconduct, pwith pan pemphasis pon pdetermining pright pand pwrong.
b. It pis pan p"inquiry pinto pthe pnature pand pgrounds pof pmorality pwhere pthe pterm pmorality pis ptaken pto
pmean pmoral p judgments, pstandards pand prules pof pconduct."
c. It pis pthe p"study pof pthe pgeneral pnature pof pmorals pand pof pspecific pmoral pchoices; pmoral pphilosophy;
pand pthe prules por p standards pgoverning pthe pconduct pof pthe pmembers pof pa pprofession."
d. It pis pan porganization's pobligation pto pmaximize pits ppositive peffects pand pminimize pits pnegative
peffects pon p stakeholders.
e. It pcomprises pthe pprinciples, pvalues, pand pstandards pthat pguide pbehavior pin pthe pworld pof pbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. p5
LEARNING pOBJECTIVES: p LO: p1-1 p- pExplore pconceptualizations pof pbusiness pethics pfrom pan
porganizational p perspective.
NATIONAL p STANDARDS: p p p United pStates p- pBUSPROG: p Ethics
STATE p STANDARDS: United pStates p- pNONE p- pDISC: pEthical pResponsibilities p - pEthical pResponsibilities
KEYWORDS: Blooms: pKnowledge
