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Test Bank For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Ferrell

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Test Bank For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Ferrell

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Test Bank For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Ferrell

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TESTBANK c

BusinessEthicsEthicalDecision Making and Cases, 13thEdition
c c c c c c c c

ByO.C.Ferrell,JohnFraedrich,All Chapters1 - 12
c c c c c c c c c c

,TABLEOFCONTENTS c c c

Part1:AnOverviewofBusinessEthics 1:TheImportance
c c c c c c c c c

ofBusinessEthics
c c c

2:StakeholderRelationships,SocialResponsibility,andCorporateGovernance 3:Sustainability:Ethicaland
c c c c c c c c c c c

SocialResponsibilityDimensions
c c c

Part2:EthicalIssuesandtheInstitutionalizationofBusinessEthics 4:TheInstitutionalizationof
c c c c c c c c c c c c c

BusinessEthics
c c

5:EmergingBusinessEthicsIssues Part3:TheDecision-
c c c c cc c c c

MakingProcess 6:EthicalDecisionMaking
c c c c c

7:IndividualFactors:MoralPhilosophiesandValues
c c c c c c

8:OrganizationalFactors:TheRoleofEthicalCultureandRelationships Part4:ImplementingBusinessEthicsin
c c c c c c c c c cc c c c c c

aGlobalEconomy
c c c

9:DevelopingandImplementinganEffectiveEthicsProgram 10:GlobalBusinessEthics
c c c c c c c c c c c

Issues
c

11:EthicalLeadership
c c

12:Technology:EthicsandSocialResponsibilityIssues
c c c c c c

,1:TheImportanceofBusinessEthics
c c c c c

1. Principlesare c

a. lawsandregulations thatguidebehaviorintheworldofbusiness.
c c c c c c c c c c

b. mores,values,andcustomsthatguidebehavioringeneral.
c c c c c c c c

c. specific andpervasive boundaries forbehavior thatareuniversal andabsolute.
c c c c c c c c c c

d. theobligationsbusinessesassumetomaximizetheirpositiveimpactandminimizetheirnegativeimpact
c c c c c c c c c c c c c

con stakeholders.
c

e. themores, values, andcustoms thatparents teach their children.
c c c c c c c c c

ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5 c

LEARNING OBJECTIVES: LO:1-1-Exploreconceptualizations ofbusinessethicsfromanorganizational
c c c c c c c c c c c c

perspective. c

NATIONAL STANDARDS: United States -BUSPROG: Ethics c cc c c c c c

STATE STANDARDS: UnitedStates-NONE-DISC:EthicalResponsibilities -EthicalResponsibilities
c c c c c c c c c c c

KEYWORDS: Blooms:Comprehension c

2. Socialresponsibilityis c c

a. anorganization's obligation tomaximize itspositive effects andminimize itsnegative effectsonstakeholders.
c c c c c c c c c c c c c c

b. principles andstandards thatguidebehaviorintheworldofbusiness.
c c c c c c c c c c

c. abusiness's responsibility nottopollutetheenvironment.
c c c c c c c

d. abusiness'sresponsibilitytomanufactureproductsthatfunctionproperly.
c c c c c c c c

e. charitablecontributions madebyabusinesstoenhance itsimage. c c c c c c c c c

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 c

LEARNING OBJECTIVES: LO:1-4-Gaininsightintotheextentofethicalmisconduct intheworkplace andthe
c c c c c c c c c c c c c c c c c c

pressures for unethical behavior. c c c c

NATIONAL STANDARDS: United States -BUSPROG: Ethics c cc c c c c c

STATE STANDARDS: UnitedStates-NONE-DISC:EthicalResponsibilities -EthicalResponsibilities
c c c c c c c c c c c

KEYWORDS: Blooms:Knowledge c

, 3. The was/were enacted torestoreconfidence in financial reporting and business ethics after the c c c c c c c c c c c c

accounting scandals of the early 2000s.
c c c c c c

a. DefenseIndustryInitiativeonBusinessEthicsandConduct
c c c c c c c

b. Sarbanes-Oxley Act c

c. FederalSentencing Guidelines forOrganizations
c c c c

d. Foreign Corrupt Practices Act c c c

e. Dodd-Frank WallStreetReform andConsumer Protection Act c c c c c c c

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

LEARNING OBJECTIVES: LO:1-2-Examinethehistoricalfoundations andevolution ofbusinessethics.
c c c c c c c c c c c c c c

NATIONAL STANDARDS: United States -BUSPROG: Ethics c cc c c c c c

STATE STANDARDS: UnitedStates-NONE-DISC:EthicalResponsibilities -EthicalResponsibilities
c c c c c c c c c c c

KEYWORDS: Blooms:Knowledge c

4. The term business ethics isbest described by the following statement:
c c c c c c c c c c

a. Itisthestudyandphilosophy ofhumanconduct,withanemphasis ondetermining rightandwrong.
c c c c c c c c c c c c c c c c

b. Itisan"inquiry intothenatureandgroundsofmoralitywhere thetermmorality istakentomeanmoral
c c c c c c c c c c c c c c c c c c c

judgments, standards and rules of conduct."
c c c c c c

c. Itisthe"studyofthegeneralnatureofmoralsandofspecific moralchoices;moralphilosophy; andtherules or
c c c c c c c c c c c c c c c c c c c c

standards governing the conduct of the members of a profession."
c c c c c c c c c c

d. Itisanorganization'sobligationtomaximizeitspositiveeffectsandminimizeitsnegativeeffects
c c c c c c c c c c c c c c

on stakeholders.
c c

e. Itcomprises theprinciples, values,andstandards thatguidebehavior intheworldofbusiness.
c c c c c c c c c c c c c c

ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 5 c

LEARNING OBJECTIVES: LO:1-1-Exploreconceptualizations ofbusinessethicsfromanorganizational
c c c c c c c c c c c c

perspective. c

NATIONAL STANDARDS: United States -BUSPROG: Ethics c cc c c c c c

STATE STANDARDS: UnitedStates-NONE-DISC:EthicalResponsibilities -EthicalResponsibilities
c c c c c c c c c c c

KEYWORDS: Blooms:Knowledge c

Connected book

O. C. Ferrell, John Fraedrich, Ferrell Business Ethics: Ethical Decision Making and Cases

Publisher: 2021 ISBN: 9780357513910 Edition: Unknown

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Uploaded on: September 14, 2025
Number of pages: 31
Written in: 2025/2026
Type: Exam (elaborations)
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