UNDERSTANDING BUSINESS ETHICS FOURTH EDITION BY PETER A.
STANWICK, SARAH D. STANWICK COMPLETE TEST BANK GUIDE||
UPDATED CHAPTERS 1- 13|| VERIFIED QUESTIONS & ANSWERS (BEST
ANSWERS) LATEST UPDATE|| A+
,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 ..................................................... 81
CHAPTER 6: STRATEGIC PLANNING, CORPORATE CULTURE, AND CORPORATE COMPLIANCE ............ 102
CHAPTER 7: DECISION MAKING AND HUMAN RESOURCE ISSUES........................................................ 124
PART III EXTERNAL FOCUS ON ETHICAL ISSUES ...................................................................................... 146
CHAPTER 8: ETHICS AND THE ENVIRONMENT ...................................................................................... 146
CHAPTER 9: ETHICS AND INFORMATION TECHNOLOGY....................................................................... 167
CHAPTER 10: MARKETING AND ADVERTISING ..................................................................................... 189
CHAPTER 11: ETHICAL ISSUES IN THE DEVELOPING WORLD ................................................................ 211
PART IV DEVELOPING AND EVALUATING A STRONG ETHICAL FOCUS .................................................. 233
CHAPTER 12: ESTABLISHING A CODE OF ETHICS AND ETHICAL GUIDELINES ....................................... 233
CHAPTER 13: EVALUATING CORPORATE ETHICS .................................................................................. 255
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.
CORRECT 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
CORRECT 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
CORRECT 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
CORRECT 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
CORRECT 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
CORRECT 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%
D. 45%
STANWICK, SARAH D. STANWICK COMPLETE TEST BANK GUIDE||
UPDATED CHAPTERS 1- 13|| VERIFIED QUESTIONS & ANSWERS (BEST
ANSWERS) LATEST UPDATE|| A+
,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 ..................................................... 81
CHAPTER 6: STRATEGIC PLANNING, CORPORATE CULTURE, AND CORPORATE COMPLIANCE ............ 102
CHAPTER 7: DECISION MAKING AND HUMAN RESOURCE ISSUES........................................................ 124
PART III EXTERNAL FOCUS ON ETHICAL ISSUES ...................................................................................... 146
CHAPTER 8: ETHICS AND THE ENVIRONMENT ...................................................................................... 146
CHAPTER 9: ETHICS AND INFORMATION TECHNOLOGY....................................................................... 167
CHAPTER 10: MARKETING AND ADVERTISING ..................................................................................... 189
CHAPTER 11: ETHICAL ISSUES IN THE DEVELOPING WORLD ................................................................ 211
PART IV DEVELOPING AND EVALUATING A STRONG ETHICAL FOCUS .................................................. 233
CHAPTER 12: ESTABLISHING A CODE OF ETHICS AND ETHICAL GUIDELINES ....................................... 233
CHAPTER 13: EVALUATING CORPORATE ETHICS .................................................................................. 255
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.
CORRECT 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
CORRECT 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
CORRECT 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
CORRECT 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
CORRECT 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
CORRECT 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%
D. 45%
