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

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