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Business Ethics Ethical Decision Making and Cases, 13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
,TABLE OF CONTENTS
Part 1: An Overview of Business Ethics
1: The Importance of Business Ethics
2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
3: Sustainability: Ethical and Social Responsibility Dimensions
Part 2: Ethical Issues and the Institutionalization of Business Ethics
4: The Institutionalization of Business Ethics
5: Emerging Business Ethics Issues
Part 3: The Decision-Making Process
6: Ethical Decision Making
7: Individual Factors: Moral Philosophies and Values
8: Organizational Factors: The Role of Ethical Culture and Relationships
Part 4: Implementing Business Ethics in a Global Economy
9: Developing and Implementing an Effective Ethics Program
10: Global Business Ethics Issues
11: Ethical Leadership
12: Technology: Ethics and Social Responsibility Issues
,1: The Importance of Business Ethics
1. Principles are
a. laws and regulations that guide behavior in the world of business.
b. mores, values, and customs that guide behavior in general.
c. specific and pervasive boundaries for behavior that are universal and absolute.
d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on
stakeholders.
e. the mores, values, and customs that parents teach their children.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5
LEARNING OBJECTIVES: LO: 1-1 - Explore conceptualizations of business ethics from an organizational
perspective.
NATIONAL STANDARDS: United States - BUSPROG: Ethics
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
KEYWORDS: Blooms: Comprehension
2. Social responsibility is
a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
b. principles and standards that guide behavior in the world of business.
c. a business's responsibility not to pollute the environment.
d. a business's responsibility to manufacture products that function properly.
e. charitable contributions made by a business to enhance its image.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23
LEARNING OBJECTIVES:LO: 1-4 - Gain insight into the extent of ethical misconduct in the workplace and the
pressures for unethical behavior.
NATIONAL STANDARDS: United States - BUSPROG: Ethics
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
KEYWORDS: Blooms: Knowledge
, 3. The i was/were ienacted ito irestore iconfidence iin ifinancial ireporting iand ibusiness iethics iafter ithe
iaccounting iscandals iof ithe iearly i2000s.
a. Defense iIndustry iInitiative ion iBusiness iEthics iand iConduct
b. Sarbanes-Oxley i Act
c. Federal iSentencing iGuidelines ifor iOrganizations
d. Foreign iCorrupt iPractices iAct
e. Dodd-Frank i Wall iStreet iReform iand iConsumer iProtection iAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. i13
LEARNING iOBJECTIVES: i LO: i1-2 i- iExamine ithe ihistorical ifoundations iand ievolution iof ibusiness iethics.
NATIONAL i STANDARDS: i i United iStates i- iBUSPROG: i Ethics
STATE i STANDARDS: United iStates i- iNONE i- iDISC: iEthical iResponsibilities i - iEthical iResponsibilities
KEYWORDS: Blooms: iKnowledge
4. The iterm i business i ethics i is ibest idescribed i by ithe ifollowing i statement:
a. It iis ithe istudy iand iphilosophy iof ihuman iconduct, iwith ian iemphasis ion idetermining iright iand iwrong.
b. It iis ian i"inquiry iinto ithe inature iand igrounds iof imorality iwhere ithe iterm imorality iis itaken ito imean
imoral ijudgments, istandards iand irules iof iconduct."
c. It iis ithe i"study iof ithe igeneral inature iof imorals iand iof ispecific imoral ichoices; imoral iphilosophy; iand ithe
irules ior istandards igoverning ithe iconduct iof ithe imembers iof ia iprofession."
d. It iis ian iorganization's iobligation ito imaximize iits ipositive ieffects iand iminimize iits inegative ieffects
ion istakeholders.
e. It icomprises ithe iprinciples, ivalues, iand istandards ithat iguide ibehavior iin ithe iworld iof ibusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. i5
LEARNING iOBJECTIVES: i LO: i1-1 i- iExplore iconceptualizations i of ibusiness iethics ifrom ian iorganizational
iperspective.
NATIONAL i STANDARDS: i i United iStates i- iBUSPROG: i Ethics
STATE i STANDARDS: United iStates i- iNONE i- iDISC: iEthical iResponsibilities i - iEthical iResponsibilities
KEYWORDS: Blooms: iKnowledge
Business Ethics Ethical Decision Making and Cases, 13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
,TABLE OF CONTENTS
Part 1: An Overview of Business Ethics
1: The Importance of Business Ethics
2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
3: Sustainability: Ethical and Social Responsibility Dimensions
Part 2: Ethical Issues and the Institutionalization of Business Ethics
4: The Institutionalization of Business Ethics
5: Emerging Business Ethics Issues
Part 3: The Decision-Making Process
6: Ethical Decision Making
7: Individual Factors: Moral Philosophies and Values
8: Organizational Factors: The Role of Ethical Culture and Relationships
Part 4: Implementing Business Ethics in a Global Economy
9: Developing and Implementing an Effective Ethics Program
10: Global Business Ethics Issues
11: Ethical Leadership
12: Technology: Ethics and Social Responsibility Issues
,1: The Importance of Business Ethics
1. Principles are
a. laws and regulations that guide behavior in the world of business.
b. mores, values, and customs that guide behavior in general.
c. specific and pervasive boundaries for behavior that are universal and absolute.
d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on
stakeholders.
e. the mores, values, and customs that parents teach their children.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5
LEARNING OBJECTIVES: LO: 1-1 - Explore conceptualizations of business ethics from an organizational
perspective.
NATIONAL STANDARDS: United States - BUSPROG: Ethics
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
KEYWORDS: Blooms: Comprehension
2. Social responsibility is
a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
b. principles and standards that guide behavior in the world of business.
c. a business's responsibility not to pollute the environment.
d. a business's responsibility to manufacture products that function properly.
e. charitable contributions made by a business to enhance its image.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23
LEARNING OBJECTIVES:LO: 1-4 - Gain insight into the extent of ethical misconduct in the workplace and the
pressures for unethical behavior.
NATIONAL STANDARDS: United States - BUSPROG: Ethics
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
KEYWORDS: Blooms: Knowledge
, 3. The i was/were ienacted ito irestore iconfidence iin ifinancial ireporting iand ibusiness iethics iafter ithe
iaccounting iscandals iof ithe iearly i2000s.
a. Defense iIndustry iInitiative ion iBusiness iEthics iand iConduct
b. Sarbanes-Oxley i Act
c. Federal iSentencing iGuidelines ifor iOrganizations
d. Foreign iCorrupt iPractices iAct
e. Dodd-Frank i Wall iStreet iReform iand iConsumer iProtection iAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. i13
LEARNING iOBJECTIVES: i LO: i1-2 i- iExamine ithe ihistorical ifoundations iand ievolution iof ibusiness iethics.
NATIONAL i STANDARDS: i i United iStates i- iBUSPROG: i Ethics
STATE i STANDARDS: United iStates i- iNONE i- iDISC: iEthical iResponsibilities i - iEthical iResponsibilities
KEYWORDS: Blooms: iKnowledge
4. The iterm i business i ethics i is ibest idescribed i by ithe ifollowing i statement:
a. It iis ithe istudy iand iphilosophy iof ihuman iconduct, iwith ian iemphasis ion idetermining iright iand iwrong.
b. It iis ian i"inquiry iinto ithe inature iand igrounds iof imorality iwhere ithe iterm imorality iis itaken ito imean
imoral ijudgments, istandards iand irules iof iconduct."
c. It iis ithe i"study iof ithe igeneral inature iof imorals iand iof ispecific imoral ichoices; imoral iphilosophy; iand ithe
irules ior istandards igoverning ithe iconduct iof ithe imembers iof ia iprofession."
d. It iis ian iorganization's iobligation ito imaximize iits ipositive ieffects iand iminimize iits inegative ieffects
ion istakeholders.
e. It icomprises ithe iprinciples, ivalues, iand istandards ithat iguide ibehavior iin ithe iworld iof ibusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. i5
LEARNING iOBJECTIVES: i LO: i1-1 i- iExplore iconceptualizations i of ibusiness iethics ifrom ian iorganizational
iperspective.
NATIONAL i STANDARDS: i i United iStates i- iBUSPROG: i Ethics
STATE i STANDARDS: United iStates i- iNONE i- iDISC: iEthical iResponsibilities i - iEthical iResponsibilities
KEYWORDS: Blooms: iKnowledge
