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BUSINESS ETHICS CHAPTER 2 TEST WITH UPDATED SOLUTIONS

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This comprehensive Business Ethics Chapter 2 test bank features updated exam questions with verified solutions covering all core topics: ethical standards in business, conflict of interest, integrity, whistle-blowing, code of conduct, social responsibility, corporate philanthropy, consumerism, product liability, sexual harassment, workplace discrimination, green marketing, family leave, and EEOC regulations. Designed for college and university business students, this resource includes true/false and multiple-choice questions with correct answers, plus detailed explanations of ethical dilemmas, stakeholder responsibilities, and the three stages of ethical development (preconventional, conventional, postconventional). Perfect for exam preparation, homework help, and mastering key concepts in business ethics.

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BUSINESS ETHICS CHAPTER 2 TEST
WITH UPDATED SOLUTIONS



Business ethic refers to the standards of conduct and moral values applied in a
business decision.


True or False? - CORRECT ANSWER ✔✔- True


Which of the following shapes/forms a company's business ethics?


a. the company's code of ethics
b. the company's upper management (CEO)
c. the company's ethical climate
d. all of the above - CORRECT ANSWER ✔✔- d. all of the above


... refers to adhering deeply held ethical standards in business situations


a. consciousness
b. commitment
c. leadership
d. integrity - CORRECT ANSWER ✔✔- d. integrity




1

, Dimitri works for the Packer Corporation and wants to work for a competing firm.
He works for a company, while serving on the board of directors for another. This
would be considered a...


a. conflict of interest
b. insider trading violation
c. easement
d. strategic partnership - CORRECT ANSWER ✔✔- a. conflict of interest


Technology has expanded the range and impact of unethical business practices.


True or False? - CORRECT ANSWER ✔✔- True


Businesses must first rely on... to maintain an ethical organization


a. policies
b. legislation
c. individual employees
d. customer complaints - CORRECT ANSWER ✔✔- c. individual employees


A situation where an action benefiting one person has potential to harm another is
called


a. whistle-blowing
b. fear-mongering (perpetuating)
c. loyalty dilemma

2

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