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TEST BANK FOR: Business Ethics: Ethical Decision Making and Cases 13th Edition by O. C. Ferrell Latest Update.

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TEST BANK FOR: Business Ethics: Ethical Decision Making and Cases 13th Edition by O. C. Ferrell Latest Update.

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Ethical Decision Making And Cases 13th Edition
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Ethical Decision Making and Cases 13th Edition











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Ethical Decision Making and Cases 13th Edition
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Ethical Decision Making and Cases 13th Edition

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January 22, 2025
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2024/2025
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TEST BANK FOR:
Business Ethics: Ethical Decision Making and Cases
13th Edition
by O. C. Ferrell Latest Update.

,Table Of Contents
Chapter 1: The Importance Of Business Ethics........................................................................................ 3
Chapter 2 Stakeholder Relationships, Social Responsibility, And Corporate Governance ........................ 7
Chapter 3: Emerging Business Ethics Issues ............................................................................................. 9
Chapter 4: The Institutionalization Of Business Ethics ........................................................................... 18
Chapter 5 Ethical Decision Making......................................................................................................... 58
Chapter 6 - Ethical Decision Making ...................................................................................................... 64
Chapter 7: Individual Factors: Moral Philosophies And Values .............................................................. 75
Chapter 8 Organizational Factors: The Role Of Ethical Culture And Relationships ................................. 92
Chapter 8 B Developing An Effective Ethics Program ......................................................................... 102
Chapter 9: Managing And Controlling Ethics Programs ....................................................................... 104
Chapter 9 B - Making Ethical Decisions ................................................................................................ 107
Chapter 10: Globalization Of Ethical Decision Making ........................................................................ 109
Chapter 11: Ethical Leadership ............................................................................................................ 132

,Chapter 1: The Importance Of Business Ethics.


Sarbanes-Oxley Act Ans


To Address The Loss Of Confidence In Financial Reporting And Corporate Ethics, In 2002 Congress

Passed The Most Far-Reaching Change In Organizational Control And Accounting Regulations Since

The Securities And Exchange Act Of 1934.



-This Law Made Securities Fraud A Criminal Offense And Stiffened Penalties For Corporate Fraud And

Created An Accounting Oversight Board


Morals


Ans


Refer To A Person's Personal Philosophies About What Is Right Or Wrong.


Business Ethics Ans


Comprise Organizational Principles, Values, And Norm That May Originate From Individuals,

Organizational Statements, Or From The Legal System That Primarily Guide Individual And Group

Behavior Business.


Principles


Ans


Specific And Pervasive Boundaries For Behavior That Should Not Be Violated.


Values Ans


Enduring Beliefs And Ideals That Are Socially Enforced.


Workplace Integrity

, Ans


The Pressure To Compromise Organizational Standards, Observe Misconduct, Reporting Of

Misconduct When Observed, And Retaliation Against Reports.


Moral Dilemma Ans




A Situation Where The Persona Is Faced With Multiple Choices, All Of Which Are Undesirable As

Defined By The Person.


Value Dilemma Ans




A Situation Where The Persona Is Faced With Multiple Choices, All Of Which Are Undesirable As

Defined By The Person. Only That The Individual's Beliefs Are Grounded In Societal Norms.


Consumers' Bill Of Rights


Ans


President John F. Kennedy Delivered A "Special Message On Protecting The Consumer Interest" That

Outlined Four Basic Consumer Rights:

The Right To Safety, The Right To Be Informed, The Right To Choose, And The Right To Be Heard.


Corporate Social Responsibility Ans




An Organization's Obligation To Maximize Its Positive Impact On Stakeholders And Minimize Its

Negative Impact.


Defense Industry Initiative On Business Ethics And Conduct (Dii)


Ans

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