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Exam (elaborations)

Why Ethics Matters Chapter 1 Ethics Test Bank 2025/ 2026 Comprehensive Study Resource

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Build a solid foundation in ethical principles, moral reasoning, and the significance of ethics in business with this detailed Chapter 1 test bank with solution. Focused on understanding ethical dilemmas, decision-making frameworks, and stakeholder impact, this resource enhances critical thinking, reinforces key concepts, and supports improved performance on exams, quizzes, and business ethics coursework.

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Institution
Business Ethics
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Business Ethics

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Uploaded on
January 27, 2026
Number of pages
13
Written in
2025/2026
Type
Exam (elaborations)
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, OpenStax Business Ethics Test Bank
Chapter 1: Why Ethics Matters

Chapter 1: Why Ethics Matters

* = Correct answer

Multiple Choice/Fill in the Blank

1. Which of the following is the best description for what it means to be a professional of
integrity?
A. following the investment style of Warren Buffet
B. thinking long term when investing
C. having an ethical mindset in business*
D. ensuring employee happiness

Difficulty: Easy
Blooms: Understand
AACSB: Ethics, Reflection, Diversity

2. Which of the following companies is considered ethical, according to the chapter?
A. Samsung
B. Kia
C. Au Bon Pain
D. Marriott*

Difficulty: Moderate
Blooms: Application
AACSB: Ethics, Diversity, Real-world

3. What is the golden mean?
A. treating every person the same
B. the aim of ethical behavior
C. a middle ground value between deficiency and excess*
D. justice as fairness

Difficulty: Moderate
Blooms: Analyze
AACSB: Ethics, Analytical, Application

4. Which of the following is an example of demonstrating ethical standards?
A. eudaimonia
B. consequentialism*
C. junzi
D. categorical imperative

Difficulty: Moderate
Blooms: Remember, Understand
AACSB: Application


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