TESTBANK C
Business Ethics Ethical Decision Making and Cases, 13th Edition
C C C C C C C C
By O. C. Ferrell, John Fraedrich, All Chapters1 - 12
C C C C C C C C C C
,TABLEOFCONTENTS C C C
Part 1: An Overview of Business Ethics 1: The
C C C C C C C C
Importance of Business Ethics
C C C C
2: Stakeholder Relationships, Social Responsibility, and CorporateGovernance 3: Sustainability: Ethical and
C C C C C C C C C C C
Social Responsibility Dimensions
C C C
Part 2: Ethical Issues and the Institutionalization of Business Ethics 4: The Institutionalization of
C C C C C C C C C C C C C
Business Ethics
C C
5: Emerging Business Ethics Issues Part 3: The Decision-
C C C C CC C C C
Making Process 6: Ethical Decision Making
C C C C C
7: Individual Factors: Moral Philosophies and Values
C C C C C C
8: Organizational Factors: The Role of Ethical Culture and Relationships Part 4: Implementing Business
C C C C C C C C C CC C C C
Ethics in a Global Economy
C C C C C
9: Developing and Implementing an Effective Ethics Program 10: Global Business Ethics
C C C C C C C C C C C
Issues
C
11: Ethical Leadership
C C
12: Technology: Ethics and Social Responsibility Issues
C C C C C C
,1: The Importance of Business Ethics
C C C C C
1. Principles are C
a. laws and regulations that guide behavior in the world of business.
C C C C C C C C C C
b. mores, values, and customs that guide behavior in general.
C C C C C C C C
c. specific and pervasive boundaries for behavior that are universal and absolute.
C C C C C C C C C C
d. the obligations businesses assume to maximize theirpositiveimpact and minimize their negative
C C C C C C C C C C C C
Cimpacton stakeholders. C C
e. the mores, values, and customs that parents 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 - Explore conceptualizations ofbusiness ethics from an organizational
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: United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities
C C C C C C C C C C C
KEYWORDS: Blooms: Comprehension C
2. Socialresponsibility is
C C
a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
C C C C C C C C C C C C C C
b. principles and standards that guide behavior in the world of business.
C C C C C C C C C C
c. a business's responsibility not to pollute the environment.
C C C C C C C
d. abusiness's responsibility to manufacture products that function properly.
C C C C C C C C
e. charitable contributions made by a business to enhance its image.
C C C C C C C C C
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 C
LEARNING OBJECTIVES: LO: 1-4 - Gain insight into the extent of ethical misconduct in the workplace and the
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: United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities
C C C C C C C C C C C
KEYWORDS: Blooms: Knowledge C
, 3. The was/were enacted to restore confidence 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. Defense Industry Initiative on Business Ethics and Conduct
C C C C C C C
b. Sarbanes-Oxley Act C
c. Federal Sentencing Guidelines for Organizations
C C C C
d. Foreign Corrupt Practices Act C C C
e. Dodd-Frank Wall Street Reform and Consumer Protection ActC C C C C C C
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 13 C
LEARNING OBJECTIVES: LO: 1-2 - Examine the historical foundations and evolution ofbusiness ethics.
C CC 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: C United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities C C C C C C C C C C
KEYWORDS: Blooms: Knowledge C
4. The term business ethics is best described by the following statement:
C C C C C C C C C C
a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.
C C C C C C C C C C C C C C C C
b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean
C C C C C C C C C C C C C C C C C C
moral judgments, standards and rules of conduct."
C C C C C C C
c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules
C C C C C C C C C C C C C C C C C C C
or standards governing the conduct of the members of a profession."
C C C C C C C C C C C
d. It is an organization's obligation to maximize itspositive effects and minimize its negative
C C C C C C C C C C C C C
effects on stakeholders.
C C C
e. It comprises the principles, values, and standards that guide behavior in the world of business.
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 - Explore conceptualizations ofbusiness ethics from an organizational
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: C United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities C C C C C C C C C C
KEYWORDS: Blooms: Knowledge C
Business Ethics Ethical Decision Making and Cases, 13th Edition
C C C C C C C C
By O. C. Ferrell, John Fraedrich, All Chapters1 - 12
C C C C C C C C C C
,TABLEOFCONTENTS C C C
Part 1: An Overview of Business Ethics 1: The
C C C C C C C C
Importance of Business Ethics
C C C C
2: Stakeholder Relationships, Social Responsibility, and CorporateGovernance 3: Sustainability: Ethical and
C C C C C C C C C C C
Social Responsibility Dimensions
C C C
Part 2: Ethical Issues and the Institutionalization of Business Ethics 4: The Institutionalization of
C C C C C C C C C C C C C
Business Ethics
C C
5: Emerging Business Ethics Issues Part 3: The Decision-
C C C C CC C C C
Making Process 6: Ethical Decision Making
C C C C C
7: Individual Factors: Moral Philosophies and Values
C C C C C C
8: Organizational Factors: The Role of Ethical Culture and Relationships Part 4: Implementing Business
C C C C C C C C C CC C C C
Ethics in a Global Economy
C C C C C
9: Developing and Implementing an Effective Ethics Program 10: Global Business Ethics
C C C C C C C C C C C
Issues
C
11: Ethical Leadership
C C
12: Technology: Ethics and Social Responsibility Issues
C C C C C C
,1: The Importance of Business Ethics
C C C C C
1. Principles are C
a. laws and regulations that guide behavior in the world of business.
C C C C C C C C C C
b. mores, values, and customs that guide behavior in general.
C C C C C C C C
c. specific and pervasive boundaries for behavior that are universal and absolute.
C C C C C C C C C C
d. the obligations businesses assume to maximize theirpositiveimpact and minimize their negative
C C C C C C C C C C C C
Cimpacton stakeholders. C C
e. the mores, values, and customs that parents 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 - Explore conceptualizations ofbusiness ethics from an organizational
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: United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities
C C C C C C C C C C C
KEYWORDS: Blooms: Comprehension C
2. Socialresponsibility is
C C
a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
C C C C C C C C C C C C C C
b. principles and standards that guide behavior in the world of business.
C C C C C C C C C C
c. a business's responsibility not to pollute the environment.
C C C C C C C
d. abusiness's responsibility to manufacture products that function properly.
C C C C C C C C
e. charitable contributions made by a business to enhance its image.
C C C C C C C C C
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 C
LEARNING OBJECTIVES: LO: 1-4 - Gain insight into the extent of ethical misconduct in the workplace and the
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: United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities
C C C C C C C C C C C
KEYWORDS: Blooms: Knowledge C
, 3. The was/were enacted to restore confidence 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. Defense Industry Initiative on Business Ethics and Conduct
C C C C C C C
b. Sarbanes-Oxley Act C
c. Federal Sentencing Guidelines for Organizations
C C C C
d. Foreign Corrupt Practices Act C C C
e. Dodd-Frank Wall Street Reform and Consumer Protection ActC C C C C C C
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 13 C
LEARNING OBJECTIVES: LO: 1-2 - Examine the historical foundations and evolution ofbusiness ethics.
C CC 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: C United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities C C C C C C C C C C
KEYWORDS: Blooms: Knowledge C
4. The term business ethics is best described by the following statement:
C C C C C C C C C C
a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.
C C C C C C C C C C C C C C C C
b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean
C C C C C C C C C C C C C C C C C C
moral judgments, standards and rules of conduct."
C C C C C C C
c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules
C C C C C C C C C C C C C C C C C C C
or standards governing the conduct of the members of a profession."
C C C C C C C C C C C
d. It is an organization's obligation to maximize itspositive effects and minimize its negative
C C C C C C C C C C C C C
effects on stakeholders.
C C C
e. It comprises the principles, values, and standards that guide behavior in the world of business.
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 - Explore conceptualizations ofbusiness ethics from an organizational
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: C United States -NONE - DISC: Ethical Responsibilities -Ethical Responsibilities C C C C C C C C C C
KEYWORDS: Blooms: Knowledge C
