Exam (elaborations) Business Ethics Ethical Decision Making Business Ethics

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Exam (elaborations)

Exam (elaborations) Business Ethics Ethical Decision Making Business Ethics

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2025/2026

Institution Business Ethics Ethical Decision Making

Course Business Ethics Ethical Decision Making

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Exam (elaborations) Business Ethics Ethical Decision Making Business EthicsEnhance your business ethics studies with our meticulously designed test bank for "Business Ethics: Ethical Decision Making and Cases, 13th Edition" by O. C. Ferrell and John Fraedrich. This comprehensive resource spans all 12 chapters, offering a wide range of questions that mirror real exam formats, from multiple-choice to essay questions. Perfect for students preparing for certifications in business ethics, such as the Certified Business Ethics Professional (CBEP), this test bank provides detailed explanations and rationales to deepen your understanding of ethical principles and decision-making processes in business. With real-world scenarios and case studies included, you'll be equipped to tackle ethical dilemmas confidently and excel in your coursework and professional exams. This indispensable study aid not only prepares you for academic success but also empowers you to make ethical decisions in your future business career.

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TESTBANK v

Business Ethics Ethical Decision Making and Cases, 13th Edition
vv vv vv vv vv vv vv vv

By O. C. Ferrell, John Fraedrich, All Chapters1 - 12
vv vv vv vv vv vv vv v vv vv

,TABLEOFCONTENTS v v vv

Part 1: An Overview of Business Ethics 1: The
vv vv vv vv vv vv v v vv

Importance of Business Ethics
vv vv vv vv

2:StakeholderRelationships, SocialResponsibility, and CorporateGovernance
v vv vv v vv vv v v v 3: Sustainability: Ethical
vv vv

and Social ResponsibilityDimensions
v vv vv vv

Part 2: Ethical Issues and the Institutionalization of Business Ethics 4: The Institutionalization of
vv vv vv vv vv vv vv vv vv v v vv vv vv

Business Ethics
vv vv

5: Emerging Business Ethics Issues Part 3: The Decision-
vv vv vv vv vv vv v vv vv

Making Process 6: Ethical Decision Making
vv v v vv vv vv

7: Individual Factors: Moral Philosophies and Values
vv vv vv vv vv vv

8: Organizational Factors: The Role of Ethical Culture and Relationships Part 4: Implementing Business
vv vv vv vv vv vv vv vv vv vv vv vv vv vv

Ethics in a Global Economy
vv vv vv vv vv

9: Developing and Implementing an Effective Ethics Program 10: Global Business Ethics
vv vv vv vv vv vv vv v v vv vv vv

Issues
vv

11: EthicalLeadership
vv v

12: Technology: Ethics and Social Responsibility Issues
vv vv vv vv vv vv

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

1. Principles are vv

a. laws and regulations that guide behavior in the world of business.
vv vv vv vv vv vv vv vv vv vv

b. mores, values, and customs that guide behavior in general.
vv vv vv vv vv vv vv vv

c. specific and pervasive boundaries for behavior that are universal and absolute.
vv vv vv vv vv vv vv vv vv vv

d. theobligations businesses assumetomaximize theirpositiveimpactand minimizetheirnegative
v vv vv v v vv v v v vv v v

impacton stakeholders.
vv v v v

e. the mores, values, and customs that parents teach their children.
vv vv vv vv vv vv vv vv vv

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

LEARNING OBJECTIVES: LO:1-1-Explore conceptualizations ofbusiness ethics fromanorganizational
vv v v v v v vv vv v vv vv v v

perspective. v v

NATIONAL STANDARDS: United States - BUSPROG: Ethics vv vv vv v v vv vv vv vv

STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
vv v vv v vv v vv vv vv v vv

KEYWORDS: Blooms: Comprehension vv

2. Socialresponsibility is v vv

a. an organization's obligation to maximize its positive effects and minimize its negative effects on
vv vv vv vv vv vv vv vv vv vv vv vv vv

stakeholders.
vv

b. principles and standards that guide behavior in the world of business.
vv vv vv vv vv vv vv vv vv vv

c. a business's responsibility not to pollute the environment.
vv vv vv vv vv vv vv

d. abusiness'sresponsibility tomanufacture products that function properly.
v vv vv v vv vv vv vv

e. charitable contributions made by a business to enhance its image.
vv vv vv vv vv vv vv vv vv

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

LEARNING OBJECTIVES: LO: 1-4 - Gain insight into the extent of ethical misconduct in the workplace and the
vv vv v v vv vv vv vv vv vv vv vv vv vv vv vv vv vv vv

pressures for unethical behavior. v v vv vv vv

NATIONAL STANDARDS: United States - BUSPROG: Ethics vv vv vv v v vv vv vv vv

STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
vv v vv v vv v vv vv vv v vv

KEYWORDS: Blooms: Knowledge vv

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

accounting scandals of the early 2000s.
vv v v vv vv vv vv

a. Defense Industry Initiative on Business Ethics and Conduct
vv vv vv vv vv vv vv

b. Sarbanes-Oxley Act vv

c. Federal Sentencing Guidelines for Organizations vv vv vv vv

d. Foreign Corrupt Practices Act vv vv vv

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

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

LEARNING OBJECTIVES: LO: 1-2- Examine thehistorical foundations andevolution ofbusiness ethics.
vv vv vv vv v vv vv v vv vv v vv v vv

NATIONAL STANDARDS: United States - BUSPROG: Ethics vv vv vv v v vv vv vv vv

STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
vv v vv v vv v vv vv vv v vv

KEYWORDS: Blooms: Knowledge vv

4. The term business ethics is best described by the following statement:
vv vv v v vv vv vv vv vv vv vv

a. Itis thestudy and philosophy of human conduct, with an emphasis ondetermining right and wrong.
v vv v vv vv vv vv vv vv vv vv vv v vv vv vv

b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean
vv vv vv vv vv vv vv vv vv vv vv vv vv vv vv vv vv vv

moral judgments, standards and rules of conduct."
vv v v vv vv vv vv vv

c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the
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rules or standards governing the conduct of the members of a profession."
vv vv v v vv vv vv vv vv vv vv vv vv

d. Itisanorganization's obligation tomaximize itspositive effects andminimize itsnegative effects
v v v vv vv v vv v vv vv v vv vv vv

on stakeholders.
vv v v

e. Itcomprises the principles, values, and standards that guide behavior inthe world of business.
v vv vv vv vv vv vv vv vv vv v vv vv vv

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

LEARNING OBJECTIVES: LO:1-1-Explore conceptualizations ofbusiness ethics fromanorganizational
vv v v v v v vv vv v vv vv v v

perspective. v v

NATIONAL STANDARDS: United States - BUSPROG: Ethics vv vv vv v v vv vv vv vv

STATE STANDARDS: UnitedStates -NONE -DISC: Ethical Responsibilities -Ethical Responsibilities
vv v vv v vv v vv vv vv v vv

KEYWORDS: Blooms: Knowledge vv

Connected book

O. C. Ferrell Business Ethics

Publisher: Unknown ISBN: 9780395554227 Edition: Unknown

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Uploaded on: September 22, 2025
Number of pages: 31
Written in: 2025/2026
Type: Exam (elaborations)
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