Edrftgyihu jiuh
Business Ethics:
Contemporary Issues and
ST
Cases, 1st Edition
UV
TEST BANK
IA
_A
Richard A. Spinello
────────────────────────────────────────────────────
PP
Comprehensive Test Bank for Instructors
and Students
RO
||| ||| || ||| || | || ||| | || ||| |
9781506368054
VE
© Richard A. Spinello. All rights reserved.
Reproduction or distribution without permission is
D?
prohibited.
© MEDGEEK
, Edrftgyihu jiuh
Business Ethics: Contemporary Issues and Cases — Test
Bank
Richard A. Spinello
ISBN: 9781506368054
ST
Chapter 1: Why Capitalism?
Chapter 2: Corporate Moral Agency, Purpose, and Responsibilities
UV
Chapter 3: Ethics and Corporate Social Responsibility
Chapter 4: The Person and the Corporation
Chapter 5: The Rights of the Modern Corporation
Chapter 6: Ethics in the Investment and Financial Services Industries
Chapter 7: Patients, Patents, and the Pharmaceutical Industry
IA
Chapter 8: Protecting the Consumer: Product Safety and Marketing
Chapter 9: Business and the Environment
Chapter 10: Informational Privacy and Cybersecurity
_A
Chapter 11: Fair Competition in the Era of Informational Capitalism
Chapter 12: Employee Rights and Sexual Harassment
Chapter 13: Global Politics and Disinvestment Strategies
PP
Chapter 14: Bribery and Corruption in Foreign Markets
Chapter 15: Responsible Outsourcing: Fair Wages and Worker Safety
RO
VE
D?
© MEDGEEK
, Instructor Resource
Spinello, Business Ethics
SAGE Publishing, 2020
Chapter 1: Why Capitalism?
Test Bank
Multiple Choice
1. What are the two main pillars of capitalism?
ST
a. competition and ownership
b. private property and entrepreneurship
c. property rights and a free and open market
d. common good and greater prosperity
Ans: C
UV
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Knowledge
Answer Location: What Is Capitalism?
Difficulty Level: Easy
AACSB: Financial theories, analysis, reporting, and markets
IA
2. The right to possess is part of a bundle of rights that comprise ______.
a. ownership
b. prosperity
_A
c. common good
d. competition
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
PP
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
RO
3. Sal is the sole proprietor of his pizzeria. He has full control over how to manage it,
and full rights to any income generated. He can also decide to sell it. How are these
controls and rights over the pizzeria classified?
a. security rights
b. private citizen rights
VE
c. infrastructure rights
d. property rights
Ans: D
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
D?
Cognitive Domain: Analysis
Answer Location: Property Rights
Difficulty Level: Hard
, Instructor Resource
Spinello, Business Ethics
SAGE Publishing, 2020
AACSB: Financial theories, analysis, reporting, and markets
4. What is the difference between capitalism and communism?
a. In a capitalist market, the good of production can be owned by private companies or
individuals.
b. In a communist economy, so-called capital goods are owned by private companies.
c. In a communist economy, natural resources are owned by private individuals or
companies.
d. In a capitalist market, natural resources are owned solely by the government.
ST
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Analysis
Answer Location: Property Rights
UV
Difficulty Level: Hard
AACSB: Financial theories, analysis, reporting, and markets
5. Which kind of market has no restrictions on what people can own?
a. capitalist
b. communist
IA
c. laissez-faire
d. socialism
Ans: C
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
_A
and managers operate.
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
PP
6. An insurance company sells its policies to people who need coverage. In exchange
for a premium paid by the customer, the insurer provides insurance coverage. The free
choice of the two parties to engage in the exchange is an example of ______.
a. competition
RO
b. a market
c. customer preference
d. demand
Ans: B
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
VE
and managers operate.
Cognitive Domain: Application
Answer Location: Free and Open Market
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
D?
Business Ethics:
Contemporary Issues and
ST
Cases, 1st Edition
UV
TEST BANK
IA
_A
Richard A. Spinello
────────────────────────────────────────────────────
PP
Comprehensive Test Bank for Instructors
and Students
RO
||| ||| || ||| || | || ||| | || ||| |
9781506368054
VE
© Richard A. Spinello. All rights reserved.
Reproduction or distribution without permission is
D?
prohibited.
© MEDGEEK
, Edrftgyihu jiuh
Business Ethics: Contemporary Issues and Cases — Test
Bank
Richard A. Spinello
ISBN: 9781506368054
ST
Chapter 1: Why Capitalism?
Chapter 2: Corporate Moral Agency, Purpose, and Responsibilities
UV
Chapter 3: Ethics and Corporate Social Responsibility
Chapter 4: The Person and the Corporation
Chapter 5: The Rights of the Modern Corporation
Chapter 6: Ethics in the Investment and Financial Services Industries
Chapter 7: Patients, Patents, and the Pharmaceutical Industry
IA
Chapter 8: Protecting the Consumer: Product Safety and Marketing
Chapter 9: Business and the Environment
Chapter 10: Informational Privacy and Cybersecurity
_A
Chapter 11: Fair Competition in the Era of Informational Capitalism
Chapter 12: Employee Rights and Sexual Harassment
Chapter 13: Global Politics and Disinvestment Strategies
PP
Chapter 14: Bribery and Corruption in Foreign Markets
Chapter 15: Responsible Outsourcing: Fair Wages and Worker Safety
RO
VE
D?
© MEDGEEK
, Instructor Resource
Spinello, Business Ethics
SAGE Publishing, 2020
Chapter 1: Why Capitalism?
Test Bank
Multiple Choice
1. What are the two main pillars of capitalism?
ST
a. competition and ownership
b. private property and entrepreneurship
c. property rights and a free and open market
d. common good and greater prosperity
Ans: C
UV
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Knowledge
Answer Location: What Is Capitalism?
Difficulty Level: Easy
AACSB: Financial theories, analysis, reporting, and markets
IA
2. The right to possess is part of a bundle of rights that comprise ______.
a. ownership
b. prosperity
_A
c. common good
d. competition
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
PP
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
RO
3. Sal is the sole proprietor of his pizzeria. He has full control over how to manage it,
and full rights to any income generated. He can also decide to sell it. How are these
controls and rights over the pizzeria classified?
a. security rights
b. private citizen rights
VE
c. infrastructure rights
d. property rights
Ans: D
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
D?
Cognitive Domain: Analysis
Answer Location: Property Rights
Difficulty Level: Hard
, Instructor Resource
Spinello, Business Ethics
SAGE Publishing, 2020
AACSB: Financial theories, analysis, reporting, and markets
4. What is the difference between capitalism and communism?
a. In a capitalist market, the good of production can be owned by private companies or
individuals.
b. In a communist economy, so-called capital goods are owned by private companies.
c. In a communist economy, natural resources are owned by private individuals or
companies.
d. In a capitalist market, natural resources are owned solely by the government.
ST
Ans: A
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
and managers operate.
Cognitive Domain: Analysis
Answer Location: Property Rights
UV
Difficulty Level: Hard
AACSB: Financial theories, analysis, reporting, and markets
5. Which kind of market has no restrictions on what people can own?
a. capitalist
b. communist
IA
c. laissez-faire
d. socialism
Ans: C
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
_A
and managers operate.
Cognitive Domain: Comprehension
Answer Location: Property Rights
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
PP
6. An insurance company sells its policies to people who need coverage. In exchange
for a premium paid by the customer, the insurer provides insurance coverage. The free
choice of the two parties to engage in the exchange is an example of ______.
a. competition
RO
b. a market
c. customer preference
d. demand
Ans: B
Learning Objective: 1.1: Discuss the broad economic ecology within which corporations
VE
and managers operate.
Cognitive Domain: Application
Answer Location: Free and Open Market
Difficulty Level: Medium
AACSB: Financial theories, analysis, reporting, and markets
D?
