TESTBANK b
Business Ethics Ethical Decision Making and Cases, 13th Edition
b b b b b b b b
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
b b b b b b b b b b
,TABLEbOFbCONTENTS b
Part b1: bAn bOverview bof bBusiness bEthics b 1: bThe
Importance bof bBusiness bEthics
b
2: bStakeholder bRelationships, bSocial bResponsibility, band bCorporate bGovernance b 3: bSustainability:
Ethical band bSocial bResponsibility bDimensions
b
Part b2: bEthical bIssues band bthe bInstitutionalization bof bBusiness bEthics b 4: bThe
Institutionalization bof bBusiness bEthics
b
5: bEmerging bBusiness bEthics bIssues b bPart b3: bThe
Decision-Making bProcess b 6: bEthical bDecision
b
Making
b
7: bIndividual bFactors: bMoral bPhilosophies band bValues
8: bOrganizational bFactors: bThe bRole bof bEthical bCulture band bRelationships b bPart b4: bImplementing
Business bEthics bin ba bGlobal bEconomy
b
9: bDeveloping band bImplementing ban bEffective bEthics bProgram b 10: bGlobal bBusiness
Ethics bIssues
b
11: bEthical bLeadership
12: bTechnology: bEthics band bSocial bResponsibility bIssues
,1: bThe bImportance bof bBusiness bEthics
1. Principles bare
a. laws band bregulations bthat bguide bbehavior bin bthe bworld bof bbusiness.
b. mores, bvalues, band bcustoms bthat bguide bbehavior bin bgeneral.
c. specific band bpervasive bboundaries b for bbehavior bthat bare buniversal band babsolute.
d. the bobligations bbusinesses bassume bto bmaximize btheir bpositive bimpact band bminimize btheir bnegative
bimpact bon b stakeholders.
e. the bmores, bvalues, band bcustoms bthat bparents bteach btheir bchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. b5
LEARNING bOBJECTIVES: b LO: b1-1 b- bExplore bconceptualizations bof bbusiness bethics bfrom ban borganizational
b perspective.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bComprehension
2. Social bresponsibility bis
a. an borganization's b obligation bto bmaximize bits bpositive beffects band bminimize bits bnegative beffects bon
bstakeholders.
b. principles band bstandards bthat bguide bbehavior bin bthe bworld bof bbusiness.
c. a bbusiness's bresponsibility bnot bto bpollute bthe benvironment.
d. a bbusiness's bresponsibility bto bmanufacture bproducts bthat bfunction bproperly.
e. charitable bcontributions bmade bby ba bbusiness bto benhance bits bimage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. b23
LEARNING b OBJECTIVES: b b LO: b1-4 b- bGain binsight binto bthe bextent bof bethical bmisconduct bin bthe bworkplace
band bthe b pressures bfor bunethical bbehavior.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bKnowledge
, 3. The was/were benacted bto brestore bconfidence bin bfinancial breporting band bbusiness bethics bafter
bthe baccounting b scandals bof bthe bearly b2000s.
a. Defense bIndustry bInitiative bon bBusiness bEthics band bConduct
b. Sarbanes-Oxley b Act
c. Federal bSentencing bGuidelines bfor bOrganizations
d. Foreign bCorrupt bPractices b Act
e. Dodd-Frank bWall bStreet bReform band bConsumer bProtection bAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. b13
LEARNING bOBJECTIVES: b bLO: b1-2 b- bExamine bthe bhistorical bfoundations band bevolution bof bbusiness bethics.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bKnowledge
4. The bterm b business b ethics b is bbest bdescribed b by bthe bfollowing b statement:
a. It bis bthe bstudy band bphilosophy bof bhuman bconduct, bwith ban bemphasis bon bdetermining bright band bwrong.
b. It bis ban b"inquiry binto bthe bnature band bgrounds bof bmorality bwhere bthe bterm bmorality bis btaken bto
bmean bmoral b judgments, bstandards band brules bof bconduct."
c. It bis bthe b"study bof bthe bgeneral bnature bof bmorals band bof bspecific bmoral bchoices; bmoral bphilosophy;
band bthe brules bor b standards bgoverning bthe bconduct bof bthe bmembers bof ba bprofession."
d. It bis ban borganization's bobligation bto bmaximize bits bpositive beffects band bminimize bits bnegative
beffects bon b stakeholders.
e. It bcomprises bthe bprinciples, bvalues, band bstandards bthat bguide bbehavior bin bthe bworld bof bbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. b5
LEARNING bOBJECTIVES: b LO: b1-1 b- bExplore bconceptualizations bof bbusiness bethics bfrom ban
borganizational b perspective.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bKnowledge
Business Ethics Ethical Decision Making and Cases, 13th Edition
b b b b b b b b
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
b b b b b b b b b b
,TABLEbOFbCONTENTS b
Part b1: bAn bOverview bof bBusiness bEthics b 1: bThe
Importance bof bBusiness bEthics
b
2: bStakeholder bRelationships, bSocial bResponsibility, band bCorporate bGovernance b 3: bSustainability:
Ethical band bSocial bResponsibility bDimensions
b
Part b2: bEthical bIssues band bthe bInstitutionalization bof bBusiness bEthics b 4: bThe
Institutionalization bof bBusiness bEthics
b
5: bEmerging bBusiness bEthics bIssues b bPart b3: bThe
Decision-Making bProcess b 6: bEthical bDecision
b
Making
b
7: bIndividual bFactors: bMoral bPhilosophies band bValues
8: bOrganizational bFactors: bThe bRole bof bEthical bCulture band bRelationships b bPart b4: bImplementing
Business bEthics bin ba bGlobal bEconomy
b
9: bDeveloping band bImplementing ban bEffective bEthics bProgram b 10: bGlobal bBusiness
Ethics bIssues
b
11: bEthical bLeadership
12: bTechnology: bEthics band bSocial bResponsibility bIssues
,1: bThe bImportance bof bBusiness bEthics
1. Principles bare
a. laws band bregulations bthat bguide bbehavior bin bthe bworld bof bbusiness.
b. mores, bvalues, band bcustoms bthat bguide bbehavior bin bgeneral.
c. specific band bpervasive bboundaries b for bbehavior bthat bare buniversal band babsolute.
d. the bobligations bbusinesses bassume bto bmaximize btheir bpositive bimpact band bminimize btheir bnegative
bimpact bon b stakeholders.
e. the bmores, bvalues, band bcustoms bthat bparents bteach btheir bchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. b5
LEARNING bOBJECTIVES: b LO: b1-1 b- bExplore bconceptualizations bof bbusiness bethics bfrom ban borganizational
b perspective.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bComprehension
2. Social bresponsibility bis
a. an borganization's b obligation bto bmaximize bits bpositive beffects band bminimize bits bnegative beffects bon
bstakeholders.
b. principles band bstandards bthat bguide bbehavior bin bthe bworld bof bbusiness.
c. a bbusiness's bresponsibility bnot bto bpollute bthe benvironment.
d. a bbusiness's bresponsibility bto bmanufacture bproducts bthat bfunction bproperly.
e. charitable bcontributions bmade bby ba bbusiness bto benhance bits bimage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. b23
LEARNING b OBJECTIVES: b b LO: b1-4 b- bGain binsight binto bthe bextent bof bethical bmisconduct bin bthe bworkplace
band bthe b pressures bfor bunethical bbehavior.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bKnowledge
, 3. The was/were benacted bto brestore bconfidence bin bfinancial breporting band bbusiness bethics bafter
bthe baccounting b scandals bof bthe bearly b2000s.
a. Defense bIndustry bInitiative bon bBusiness bEthics band bConduct
b. Sarbanes-Oxley b Act
c. Federal bSentencing bGuidelines bfor bOrganizations
d. Foreign bCorrupt bPractices b Act
e. Dodd-Frank bWall bStreet bReform band bConsumer bProtection bAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. b13
LEARNING bOBJECTIVES: b bLO: b1-2 b- bExamine bthe bhistorical bfoundations band bevolution bof bbusiness bethics.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bKnowledge
4. The bterm b business b ethics b is bbest bdescribed b by bthe bfollowing b statement:
a. It bis bthe bstudy band bphilosophy bof bhuman bconduct, bwith ban bemphasis bon bdetermining bright band bwrong.
b. It bis ban b"inquiry binto bthe bnature band bgrounds bof bmorality bwhere bthe bterm bmorality bis btaken bto
bmean bmoral b judgments, bstandards band brules bof bconduct."
c. It bis bthe b"study bof bthe bgeneral bnature bof bmorals band bof bspecific bmoral bchoices; bmoral bphilosophy;
band bthe brules bor b standards bgoverning bthe bconduct bof bthe bmembers bof ba bprofession."
d. It bis ban borganization's bobligation bto bmaximize bits bpositive beffects band bminimize bits bnegative
beffects bon b stakeholders.
e. It bcomprises bthe bprinciples, bvalues, band bstandards bthat bguide bbehavior bin bthe bworld bof bbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. b5
LEARNING bOBJECTIVES: b LO: b1-1 b- bExplore bconceptualizations bof bbusiness bethics bfrom ban
borganizational b perspective.
NATIONAL b STANDARDS: b b bUnited bStates b- bBUSPROG: b Ethics
STATE b STANDARDS: United bStates b- bNONE b- bDISC: bEthical bResponsibilities b - bEthical bResponsibilities
KEYWORDS: Blooms: bKnowledge
