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Test Bank For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Ferrell

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Test Bank For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Ferrell

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Test bank business ethics ethical
decision making and cases, 13th
edition by o.c Ferrell, john
fraedrich,all chapters1-12

,TABLETOFTCONTENTST


PartT1:TAnTOverviewTofTBusinessTEthicsT 1:TTheTImporta
nceTofTBusinessTEthics
2:TStakeholderTRelationships,TSocialTResponsibility,TandTCorporateTGovernanceT 3:TSustainability:TEthicalTa
ndTSocialTResponsibilityTDimensions
PartT2:TEthicalTIssuesTandTtheTInstitutionalizationTofTBusinessTEthicsT 4:TTheTInstitutionalizationTof
BusinessTEthics
T


5:TEmergingTBusinessTEthicsTIssuesTTPartT3:TTheTDecisi
on-MakingTProcessT 6:TEthicalTDecisionTMaking
7:TIndividualTFactors:TMoralTPhilosophiesTandTValues
8:TOrganizationalTFactors:TTheTRoleTofTEthicalTCultureTandTRelationshipsTTPartT4:TImplementingTBusinessT
EthicsTinTaTGlobalTEconomy
9:TDevelopingTandTImplementingTanTEffectiveTEthicsTProgramT 10:TGlobalTBusinessTEthic
sTIssues
11:TEthicalTLeadership
12:TTechnology:TEthicsTandTSocialTResponsibilityTIssues

,1:TTheTImportanceTofTBusinessTEthics

1. PrinciplesTare
a. lawsTandTregulationsTthatTguideTbehaviorTinTtheTworldTofTbusiness.
b. mores,Tvalues,TandTcustomsTthatTguideTbehaviorTinTgeneral.
c. specificTandTpervasiveTboundariesTforTbehaviorTthatTareTuniversalTandTabsolute.
d. theTobligationsTbusinessesTassumeTtoTmaximizeTtheirTpositiveTimpactTandTminimizeTtheirTnegativeTim
pactTonT stakeholders.
e. theTmores,Tvalues,TandTcustomsTthatTparentsTteachTtheirTchildren.

ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.T5
LEARNINGTOBJECTIVES:T LO:T1-1T-
TExploreTconceptualizationsT ofTbusinessTethicsTfromTanTorganizationalT perspectiv

e.
NATIONALT STANDARDS:TTT UnitedTStatesT-TBUSPROG:T Ethics
STATET STANDARDS: UnitedTStatesT-TNONET-TDISC:TEthicalTResponsibilitiesT -TEthicalTResponsibilities
KEYWORDS: Blooms:TComprehension

2. SocialTresponsibilityTis
a. anTorganization'sTobligationTtoTmaximizeTitsTpositiveTeffectsTandTminimizeTitsTnegativeTeffectsTonTstakeholde
rs.
b. principlesTandTstandardsTthatTguideTbehaviorTinTtheTworldTofTbusiness.
c. aTbusiness'sTresponsibilityTnotTtoTpolluteTtheTenvironment.
d. aTbusiness'sTresponsibilityTtoTmanufactureTproductsTthatTfunctionTproperly.
e. charitableTcontributionsTmadeTbyTaTbusinessTtoTenhanceTitsTimage.

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.T23
LEARNINGT OBJECTIVES:TT LO:T1-4T-
TGainTinsightTintoTtheTextentTofTethicalTmisconductTinTtheTworkplaceTandTtheT pres

suresTforTunethicalTbehavior.
NATIONALT STANDARDS:TTT UnitedTStatesT-TBUSPROG:T Ethics
STATET STANDARDS: UnitedTStatesT-TNONET-TDISC:TEthicalTResponsibilitiesT -TEthicalTResponsibilities
KEYWORDS: Blooms:TKnowledge

, 3. The
was/wereTenactedTtoTrestoreTconfidenceTinTfinancialTreportingTandTbusinessTethicsTafterTtheTaccountingT
scandalsTofTtheTearlyT2000s.
a. DefenseTIndustryTInitiativeTonTBusinessTEthicsTandTConduct
b. Sarbanes-OxleyTAct
c. FederalTSentencingTGuidelinesTforTOrganizations
d. ForeignTCorruptTPracticesT Act
e. Dodd-FrankTWallTStreetTReformTandTConsumerTProtectionTAct

ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.T13
LEARNINGTOBJECTIVES:TTLO:T1-2T-TExamineTtheThistoricalTfoundationsTandTevolutionTofTbusinessTethics.
NATIONALT STANDARDS:TTT UnitedTStatesT-TBUSPROG:T Ethics
STATET STANDARDS: UnitedTStatesT-TNONET-TDISC:TEthicalTResponsibilitiesT -TEthicalTResponsibilities
KEYWORDS: Blooms:TKnowledge

4. TheTtermTbusinessT ethicsT isTbestTdescribedTbyTtheTfollowingT statement:
a. ItTisTtheTstudyTandTphilosophyTofThumanTconduct,TwithTanTemphasisTonTdeterminingTrightTandTwrong.
b. ItTisTanT"inquiryTintoTtheTnatureTandTgroundsTofTmoralityTwhereTtheTtermTmoralityTisTtakenTtoTmea
nTmoralT judgments,TstandardsTandTrulesTofTconduct."
c. ItTisTtheT"studyTofTtheTgeneralTnatureTofTmoralsTandTofTspecificTmoralTchoices;TmoralTphilosophy;TandTtheT
rulesTorT standardsTgoverningTtheTconductTofTtheTmembersTofTaTprofession."
d. ItTisTanTorganization'sTobligationTtoTmaximizeTitsTpositiveTeffectsTandTminimizeTitsTnegativeTef
fectsTonT stakeholders.
e. ItTcomprisesTtheTprinciples,Tvalues,TandTstandardsTthatTguideTbehaviorTinTtheTworldTofTbusiness.

ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.T5
LEARNINGTOBJECTIVES:T LO:T1-1T-
TExploreTconceptualizationsT ofTbusinessTethicsTfromTanTorganizationalT perspe

ctive.
NATIONALT STANDARDS:TTT UnitedTStatesT-TBUSPROG:T Ethics
STATET STANDARDS: UnitedTStatesT-TNONET-TDISC:TEthicalTResponsibilitiesT -TEthicalTResponsibilities
KEYWORDS: Blooms:TKnowledge
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O. C. Ferrell, John Fraedrich, Ferrell Business Ethics: Ethical Decision Making and Cases
Publisher: 2021 ISBN: 9780357513910 Edition: Unknown

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