FULL TEST BANK FOR UNDERSTANDING BUSINESS ETHICS 3RD
EDITION BY PETER A. STANWICK (AUTHOR), SARAH D. STANWICK
(AUTHOR) TEST BANK LATEST EDITION, ALL CHAPTERS COVERED 1-13,
GRADE A+, 100% VERIFIED SOLUTIONS−LATEST UPDATE 2025
,Table of Contents
Part I • From Ethical Foundation To Addressing Stakeholder Needs ......................................................... 2
Chapter 1: The Foundation Of Ethical Thought ........................................................................................ 2
Chapter 2: The Evolving Complexities Of Business Ethics ...................................................................... 22
Chapter 3: Stakeholders And Corporate Social Responsibility ............................................................... 40
Part II • Internal Focus On Ethical Issues ................................................................................................... 60
Chapter 4: Ethics And Financial Reporting .............................................................................................. 60
Chapter 5: Ethical Leadership And Corporate Governance .................................................................... 80
Chapter 6: Strategic Planning, Corporate Culture, And Corporate Compliance ................................... 100
Chapter 7: Decision Making And Human Resource Issues ................................................................... 121
Part III • External Focus On Ethical Issues ............................................................................................... 142
Chapter 8: Ethics And The Environment ............................................................................................... 142
Chapter 9: Ethics And Information Technology .................................................................................... 163
Chapter 10: Marketing And Advertising ............................................................................................... 184
Chapter 11: Ethical Issues In The Developing World ............................................................................ 205
Part IV • Developing And Evaluating A Strong Ethical Focus .................................................................. 227
Chapter 12: Establishing A Code Of Ethics And Ethical Guidelines ....................................................... 227
Chapter 13: Evaluating Corporate Ethics .............................................................................................. 248
Part I • From Ethical Foundation To Addressing Stakeholder Needs
Chapter 1: The Foundation Of Ethical Thought
Multiple Choice
1. How Is The Price Of A Meal Determined At A Panera Cares Café?
A. Customers Decide How Much To Pay For Their Meal
B. Meal Prices Are Determined Based On The Cost Of Meal Preparations
C. Café Managers Set The Prices Of The Meals Each Day Based On Ingredient Costs
D. Top Management At Panera Set A Standard Price Of Meals For All Café Locations.
ACCURATE ANS: A
Learning Objective: 1.1 Cognitive Domain: Knowledge
Answer Location: Panera Cares Community Café: A Loaf In Every Area Question Type: MC
,2. The Average Panera Cares Café Will Generate Revenues Of _____________And Profits Of Per
Month.
A. $10,000; $300 To $400
B. $50,000; $1,000 To $5,000
C. $100,000; $3,000 To $4,000
D. $500,000; $30,000 To $35,000
ACCURATE ANS: C
Learning Objective: 1.1 Cognitive Domain: Knowledge
Answer Location: Panera Cares Community Café: A Loaf In Every Area Question Type: MC
3. The Profit From Panera Cares Café Is Used To
A. Open New Cafes
B. Fund Training Programs
C. Increase Wages
D. Publicize Panera Bread
ACCURATE ANS: B
Learning Objective: 1.1
Cognitive Domain: Comprehension
Answer Location: Panera Cares Community Café: A Loaf In Every Area Question Type: MC
4. ___________Can Be Defined As The Values That An Individual Uses To Interpret Whether Any
Particular Action Or Behavior Is Considered Acceptable And Appropriate.
A. Ethics
B. Validity
C. Reliability
D. Commitment
, ACCURATE ANS: A
Learning Objective: 1.1
Cognitive Domain: Comprehension Answer Location: Introduction Question Type: MC
5. ______________Can Be Defined As The Collective Values Of A Business Organization That Can Be
Used To Evaluate Whether The Behaviors Of The Organization’s Collective Members Are Considered
Acceptable And Appropriate.
A. Validity
B. Business Ethics
C. Self-Efficacy
D. Groupthink
ACCURATE ANS: B
Learning Objective: 1.1 Cognitive Domain: Knowledge Answer Location: Introduction Question Type: MC
6. Which Of The Following Is Not One Of The Three Types Of Ethical Examinations?
A. Descriptive
B. Constructive
C. Analytical
D. Normative
ACCURATE ANS: B
Learning Objective: 1.2
Cognitive Domain: Comprehension
Answer Location: Types Of Ethical Examinations Question Type: MC
7. What Percentage Of The 1,700 Executives From 43 Countries Surveyed By Ernest And Young
Stated They Would Be Willing To Make Cash Payments In The Form Of A Bribe In Order To Obtain
Business From A Customer?
A. 5%
B. 15%
C. 25%
EDITION BY PETER A. STANWICK (AUTHOR), SARAH D. STANWICK
(AUTHOR) TEST BANK LATEST EDITION, ALL CHAPTERS COVERED 1-13,
GRADE A+, 100% VERIFIED SOLUTIONS−LATEST UPDATE 2025
,Table of Contents
Part I • From Ethical Foundation To Addressing Stakeholder Needs ......................................................... 2
Chapter 1: The Foundation Of Ethical Thought ........................................................................................ 2
Chapter 2: The Evolving Complexities Of Business Ethics ...................................................................... 22
Chapter 3: Stakeholders And Corporate Social Responsibility ............................................................... 40
Part II • Internal Focus On Ethical Issues ................................................................................................... 60
Chapter 4: Ethics And Financial Reporting .............................................................................................. 60
Chapter 5: Ethical Leadership And Corporate Governance .................................................................... 80
Chapter 6: Strategic Planning, Corporate Culture, And Corporate Compliance ................................... 100
Chapter 7: Decision Making And Human Resource Issues ................................................................... 121
Part III • External Focus On Ethical Issues ............................................................................................... 142
Chapter 8: Ethics And The Environment ............................................................................................... 142
Chapter 9: Ethics And Information Technology .................................................................................... 163
Chapter 10: Marketing And Advertising ............................................................................................... 184
Chapter 11: Ethical Issues In The Developing World ............................................................................ 205
Part IV • Developing And Evaluating A Strong Ethical Focus .................................................................. 227
Chapter 12: Establishing A Code Of Ethics And Ethical Guidelines ....................................................... 227
Chapter 13: Evaluating Corporate Ethics .............................................................................................. 248
Part I • From Ethical Foundation To Addressing Stakeholder Needs
Chapter 1: The Foundation Of Ethical Thought
Multiple Choice
1. How Is The Price Of A Meal Determined At A Panera Cares Café?
A. Customers Decide How Much To Pay For Their Meal
B. Meal Prices Are Determined Based On The Cost Of Meal Preparations
C. Café Managers Set The Prices Of The Meals Each Day Based On Ingredient Costs
D. Top Management At Panera Set A Standard Price Of Meals For All Café Locations.
ACCURATE ANS: A
Learning Objective: 1.1 Cognitive Domain: Knowledge
Answer Location: Panera Cares Community Café: A Loaf In Every Area Question Type: MC
,2. The Average Panera Cares Café Will Generate Revenues Of _____________And Profits Of Per
Month.
A. $10,000; $300 To $400
B. $50,000; $1,000 To $5,000
C. $100,000; $3,000 To $4,000
D. $500,000; $30,000 To $35,000
ACCURATE ANS: C
Learning Objective: 1.1 Cognitive Domain: Knowledge
Answer Location: Panera Cares Community Café: A Loaf In Every Area Question Type: MC
3. The Profit From Panera Cares Café Is Used To
A. Open New Cafes
B. Fund Training Programs
C. Increase Wages
D. Publicize Panera Bread
ACCURATE ANS: B
Learning Objective: 1.1
Cognitive Domain: Comprehension
Answer Location: Panera Cares Community Café: A Loaf In Every Area Question Type: MC
4. ___________Can Be Defined As The Values That An Individual Uses To Interpret Whether Any
Particular Action Or Behavior Is Considered Acceptable And Appropriate.
A. Ethics
B. Validity
C. Reliability
D. Commitment
, ACCURATE ANS: A
Learning Objective: 1.1
Cognitive Domain: Comprehension Answer Location: Introduction Question Type: MC
5. ______________Can Be Defined As The Collective Values Of A Business Organization That Can Be
Used To Evaluate Whether The Behaviors Of The Organization’s Collective Members Are Considered
Acceptable And Appropriate.
A. Validity
B. Business Ethics
C. Self-Efficacy
D. Groupthink
ACCURATE ANS: B
Learning Objective: 1.1 Cognitive Domain: Knowledge Answer Location: Introduction Question Type: MC
6. Which Of The Following Is Not One Of The Three Types Of Ethical Examinations?
A. Descriptive
B. Constructive
C. Analytical
D. Normative
ACCURATE ANS: B
Learning Objective: 1.2
Cognitive Domain: Comprehension
Answer Location: Types Of Ethical Examinations Question Type: MC
7. What Percentage Of The 1,700 Executives From 43 Countries Surveyed By Ernest And Young
Stated They Would Be Willing To Make Cash Payments In The Form Of A Bribe In Order To Obtain
Business From A Customer?
A. 5%
B. 15%
C. 25%
