BUSINESS ETHICS CHAPTER 12 CERTIFICATION
EVALUATION TEST COMPLETE QUESTIONS
AND CORRECT ANSWERS
◉ What are the five commitments made by the Business
Roundtable?
Answer: Delivering value to customers, investing in employees,
dealing fairly and ethically with suppliers, supporting local
communities, and generating long-term value for shareholders.
◉ What significant penalty did the FTC impose on Facebook in
2019?
Answer: A $5 billion penalty for deceiving users about the use of
their personal information.
◉ What trend has been observed regarding chief ethics and
compliance officers since the 1980s?
Answer: The number of organizations with a chief ethics and
compliance officer has increased, with about 20% of organizations
having one today.
◉ What ethical issues are raised by Artificial Intelligence?
, Answer: AI poses questions about accountability, bias, and the
implications of decision-making without human oversight.
◉ What action did NBA Commissioner Adam Silver take against
Donald Sterling in 2014?
Answer: He issued a lifetime ban and imposed a $2.5 million fine
after racist comments made by Sterling surfaced.
◉ How can a decision maker's values impact a business
organization?
Answer: If a decision maker is out of touch with the shared values of
a diverse society, it can lead to decisions that harm the organization.
◉ What does economic interdependence imply for business ethics?
Answer: It suggests that unethical decisions by one business can
affect the entire economic web, impacting everyone reliant on that
business.
◉ How do the news media and the Internet affect business ethics?
Answer: They make it more difficult for businesses to hide unethical
behavior, increasing accountability.
◉ What role does government play in regulating business ethics?
EVALUATION TEST COMPLETE QUESTIONS
AND CORRECT ANSWERS
◉ What are the five commitments made by the Business
Roundtable?
Answer: Delivering value to customers, investing in employees,
dealing fairly and ethically with suppliers, supporting local
communities, and generating long-term value for shareholders.
◉ What significant penalty did the FTC impose on Facebook in
2019?
Answer: A $5 billion penalty for deceiving users about the use of
their personal information.
◉ What trend has been observed regarding chief ethics and
compliance officers since the 1980s?
Answer: The number of organizations with a chief ethics and
compliance officer has increased, with about 20% of organizations
having one today.
◉ What ethical issues are raised by Artificial Intelligence?
, Answer: AI poses questions about accountability, bias, and the
implications of decision-making without human oversight.
◉ What action did NBA Commissioner Adam Silver take against
Donald Sterling in 2014?
Answer: He issued a lifetime ban and imposed a $2.5 million fine
after racist comments made by Sterling surfaced.
◉ How can a decision maker's values impact a business
organization?
Answer: If a decision maker is out of touch with the shared values of
a diverse society, it can lead to decisions that harm the organization.
◉ What does economic interdependence imply for business ethics?
Answer: It suggests that unethical decisions by one business can
affect the entire economic web, impacting everyone reliant on that
business.
◉ How do the news media and the Internet affect business ethics?
Answer: They make it more difficult for businesses to hide unethical
behavior, increasing accountability.
◉ What role does government play in regulating business ethics?
