BUS 345 Practice Exam with Answers
Public iuterest in business ethics has heightened over each of the past three decades. - ✔✔T
The majority of Americans think that the need for ethics is about the same as it was fifty years
ago. - ✔✔F
The ethics scandal that has come to define modem business ethics is the Enron debacle. - ✔✔T
Only about half of Americans say that they are worried about the moral compass in corporate
America. - ✔✔F
A recent NBES survey indicated that ethical misconduct at work was up slightly. - ✔✔F
A December 2012 Gallop poll revealed that only 21% of the public thought that business
executives had high or very high ethics. - ✔✔T
The public's opinion of business ethics may be reported at two levels - a high level and a low
level. - ✔✔F
The public's view of business ethics has always been very high until the recent scandals. - ✔✔F
Descriptive ethics is concerned with studying and describing the morality of a particular group
of people. - ✔✔T
Normative ethics depends on whether "everyone is doing it" to justify moral decisions and
actions. - ✔✔F
, The major questions related to the conventional approach to business ethics are "Whose norms
do we use?" and
"\Vhat norms are prevailing?" - ✔✔T
The best reason to base one's ethics on societal norms is that the norms do not conflict; thus
they provide clear
guidance to "right" and "wrong." - ✔✔F
Ethical behavior is generally considered to be on a higher plane than legal behavior. - ✔✔T
In making ethical judgments, it is usually easier to reach consensus on individual practical cases
than it is to agree on broad principles. - ✔✔F
The forces that most often come into conflict with ethics in a business setting are economic and
social. - ✔✔F
Immoral management implies that decision makers know right from wrong, but choose to do
wrong. - ✔✔T
Moral management stresses profitability over other stakeholder concerns. - ✔✔F
Virtually all companies that exhibit moral management have had that outlook since they were
founded. - ✔✔F
Researchers have found that many business people go through life thinking that they are
objective. - ✔✔T
Amoral management relies primarily on a compliance strategy that focuses on obedience to the
law. - ✔✔T
Public iuterest in business ethics has heightened over each of the past three decades. - ✔✔T
The majority of Americans think that the need for ethics is about the same as it was fifty years
ago. - ✔✔F
The ethics scandal that has come to define modem business ethics is the Enron debacle. - ✔✔T
Only about half of Americans say that they are worried about the moral compass in corporate
America. - ✔✔F
A recent NBES survey indicated that ethical misconduct at work was up slightly. - ✔✔F
A December 2012 Gallop poll revealed that only 21% of the public thought that business
executives had high or very high ethics. - ✔✔T
The public's opinion of business ethics may be reported at two levels - a high level and a low
level. - ✔✔F
The public's view of business ethics has always been very high until the recent scandals. - ✔✔F
Descriptive ethics is concerned with studying and describing the morality of a particular group
of people. - ✔✔T
Normative ethics depends on whether "everyone is doing it" to justify moral decisions and
actions. - ✔✔F
, The major questions related to the conventional approach to business ethics are "Whose norms
do we use?" and
"\Vhat norms are prevailing?" - ✔✔T
The best reason to base one's ethics on societal norms is that the norms do not conflict; thus
they provide clear
guidance to "right" and "wrong." - ✔✔F
Ethical behavior is generally considered to be on a higher plane than legal behavior. - ✔✔T
In making ethical judgments, it is usually easier to reach consensus on individual practical cases
than it is to agree on broad principles. - ✔✔F
The forces that most often come into conflict with ethics in a business setting are economic and
social. - ✔✔F
Immoral management implies that decision makers know right from wrong, but choose to do
wrong. - ✔✔T
Moral management stresses profitability over other stakeholder concerns. - ✔✔F
Virtually all companies that exhibit moral management have had that outlook since they were
founded. - ✔✔F
Researchers have found that many business people go through life thinking that they are
objective. - ✔✔T
Amoral management relies primarily on a compliance strategy that focuses on obedience to the
law. - ✔✔T
