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
By,O.,C.,Ferrell,,John,Fraedrich,,All,Chapters,1,-,12

,TABLE,OF,CONTENTS,


Part,1:,An,Overview,of,Business,Ethics, 1:,The,Importa
nce,of,Business,Ethics
2:,Stakeholder,Relationships,,Social,Responsibility,,and,Corporate,Governance, 3:,Sustainability:,Ethical,an
d,Social,Responsibility,Dimensions
Part,2:,Ethical,Issues,and,the,Institutionalization,of,Business,Ethics, 4:,The,Institutionalization,of,
Business,Ethics
5:,Emerging,Business,Ethics,Issues,,Part,3:,The,Decisio
n-Making,Process, 6:,Ethical,Decision,Making
7:,Individual,Factors:,Moral,Philosophies,and,Values
8:,Organizational,Factors:,The,Role,of,Ethical,Culture,and,Relationships,,Part,4:,Implementing,Business,
Ethics,in,a,Global,Economy
9:,Developing,and,Implementing,an,Effective,Ethics,Program, 10:,Global,Business,Ethics
,Issues
11:,Ethical,Leadership
12:,Technology:,Ethics,and,Social,Responsibility,Issues

,1:,The,Importance,of,Business,Ethics

1. Principles,are
a. laws,and,regulations,that,guide,behavior,in,the,world,of,business.
b. mores,,values,,and,customs,that,guide,behavior,in,general.
c. specific,and,pervasive,boundaries, for,behavior,that,are,universal,and,absolute.
d. the,obligations,businesses,assume,to,maximize,their,positive,impact,and,minimize,their,negative,im
pact,on, stakeholders.
e. the,mores,,values,,and,customs,that,parents,teach,their,children.

ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.,5
LEARNING,OBJECTIVES:, LO:,1-1,-
,Explore,conceptualizations, of,business,ethics,from,an,organizational, perspectiv
e.
NATIONAL, STANDARDS:,,, United,States,-,BUSPROG:, Ethics
STATE, STANDARDS: United,States,-,NONE,-,DISC:,Ethical,Responsibilities, -,Ethical,Responsibilities
KEYWORDS: Blooms:,Comprehension

2. Social,responsibility,is
a. an,organization's, obligation,to,maximize,its,positive,effects,and,minimize,its,negative,effects,on,stakeholde
rs.
b. principles,and,standards,that,guide,behavior,in,the,world,of,business.
c. a,business's,responsibility, not,to,pollute,the,environment.
d. a,business's,responsibility,to,manufacture,products,that,function,properly.
e. charitable,contributions,made,by,a,business,to,enhance,its,image.

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.,23
LEARNING, OBJECTIVES:,, LO:,1-4,-
,Gain,insight,into,the,extent,of,ethical,misconduct,in,the,workplace,and,the, press
ures,for,unethical,behavior.
NATIONAL, STANDARDS:,,, United,States,-,BUSPROG:, Ethics
STATE, STANDARDS: United,States,-,NONE,-,DISC:,Ethical,Responsibilities, -,Ethical,Responsibilities
KEYWORDS: Blooms:,Knowledge

, 3. The
was/were,enacted,to,restore,confidence,in,financial,reporting,and,business,ethics,after,the,accounting, s
candals,of,the,early,2000s.
a. Defense,Industry,Initiative,on,Business,Ethics,and,Conduct
b. Sarbanes-Oxley, Act
c. Federal,Sentencing,Guidelines,for,Organizations
d. Foreign,Corrupt,Practices, Act
e. Dodd-Frank,Wall,Street,Reform,and,Consumer,Protection,Act

ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.,13
LEARNING,OBJECTIVES:,, LO:,1-2,-,Examine,the,historical,foundations,and,evolution,of,business,ethics.
NATIONAL, STANDARDS:,,, United,States,-,BUSPROG:, Ethics
STATE, STANDARDS: United,States,-,NONE,-,DISC:,Ethical,Responsibilities, -,Ethical,Responsibilities
KEYWORDS: Blooms:,Knowledge

4. The,term,business, ethics, is,best,described, by,the,following, statement:
a. It,is,the,study,and,philosophy,of,human,conduct,,with,an,emphasis,on,determining,right,and,wrong.
b. It,is,an,"inquiry,into,the,nature,and,grounds,of,morality,where,the,term,morality,is,taken,to,mean,
moral, judgments,,standards,and,rules,of,conduct."
c. It,is,the,"study,of,the,general,nature,of,morals,and,of,specific,moral,choices;,moral,philosophy;,and,the,
rules,or, standards,governing,the,conduct,of,the,members,of,a,profession."
d. It,is,an,organization's,obligation,to,maximize,its,positive,effects,and,minimize,its,negative,eff
ects,on, stakeholders.
e. It,comprises,the,principles,,values,,and,standards,that,guide,behavior,in,the,world,of,business.

ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.,5
LEARNING,OBJECTIVES:, LO:,1-1,-
,Explore,conceptualizations, of,business,ethics,from,an,organizational, perspe
ctive.
NATIONAL, STANDARDS:,,, United,States,-,BUSPROG:, Ethics
STATE, STANDARDS: United,States,-,NONE,-,DISC:,Ethical,Responsibilities, -,Ethical,Responsibilities
KEYWORDS: Blooms:,Knowledge