Test Bank for Business Ethics: Concepts and Cases, 8th edition by Manuel Velasquez, Chapter 1-8 |All Chapters

TEST BANK
Business Ethics: Concepts and Cases, 8th edition
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by Manuel G. Velasquez
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, Table of Content
1. Ethics and Business

2. Ethical Principles in Business
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3. The Business System: Government, Markets, and International Trade
4. Ethics in the Marketplace
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5. Ethics and the Environment

6. The Ethics of Consumer Production and Marketing

7. The Ethics of Job Discrimination

8. Ethics and the Employee
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, Chapter 1
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Velasquez Test Bank
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MULTIPLE CHOICE

1. Which of the following is one of the advantages of ethical decision-making as a long-term
business strategy?
a. Ethical behavior will increase short-term profits.
b. Ethical behavior will provide positive press opportunities.
c. Ethical behavior can ensure positive employee relationships.
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d. Ethical behavior can provide significant competitive advantage.

Answer: D
Topic: The Nature of Business Ethics
Learning Objective: 1.1: Analyze the basic nature of business ethics
Skill Level: Understand the concepts
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Difficulty Level: Moderate

2. Which of the following is defined as standards of what a group or individual feels is right or
wrong, or good or evil?
a. Morality
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b. Ethics
c. Standards
d. Values

Answer: A
Topic: Moral Reasoning and Moral Decision Making
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Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-
making in business ethics
Skill Level: Understand the concepts
Difficulty Level: Difficult
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3. Which of the following best describes the criteria by which we judge manners and rules of
behavior?
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a. Ethical norms
b. Moral norms
c. Nonmoral standards
d. Standard values

Answer: C
Topic: Moral Reasoning and Moral Decision Making
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Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-
making in business ethics




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, Skill Level: Understand the concepts
Difficulty Level: Moderate
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4. Which of the following can be described as an example of a moral standard?
a. Do not be late for a meeting.
b. Do not harm others.
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c. Do not use a work computer for personal use.
d. Do not discuss pay issues with others.

Answer: B
Topic: Moral Reasoning and Moral Decision Making
Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-
making in business ethics
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Skill Level: Apply what you know
Difficulty Level: Moderate

5. Which of the following best describes the basis for moral standards?
a. Moral standards are based on authority.
b. Moral standards deal with serious issues.
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c. Moral standards are based on personal experiences.
d. Moral standards are based on personal beliefs.

Answer: B
Topic: Moral Reasoning and Moral Decision Making
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Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-
making in business ethics
Skill Level: Understand the concepts
Difficulty Level: Moderate

6. Which of the following best describes ethical standards?
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a. Norms of behavior in a society
b. Laws that govern acceptable behavior
c. How reasonable moral standards are when applied to your life
d. Universal standards based on impartial rules
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Answer: C
Topic: Moral Reasoning and Moral Decision Making
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Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision-
making in business ethics
Skill Level: Analyze it
Difficulty Level: Moderate

7. Ethical issues about the economic, political, or legal aspects that a business operates under
are referred to as issues.
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a. corporate
b. individual




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