STRAIGHTERLINE BUSINESS ETHICS TEST
BANK 2026 FINAL EXAMINATION REVIEW
QUESTIONS WITH COMPLETE SOLUTIONS
⩥ Which of the following best describes ethical standards? Answer:
How reasonable moral standards are applied to your life
⩥ Because companies intentionally engage in actions such as production
and sales some people believe they should be held morally responsible
for their decisions and actions. This view considers companies as having
to as act as... Answer: Moral agents
⩥ There have been several arguments against business ethics. Which
argument best supports the idea that when an organization makes money,
it improves society, so business ethics are not needed? Answer: Profits
benefit all
⩥ Which of the following best describes the idea that ethical standards
are true based on a particular culture or society, and will change based
on the society in which we find ourselves working? Answer: Ethical
Relativism
⩥ According to Kohlberg, during which stage of moral development
does one realize there are conflicting moral views and believes there is a
,fair way to reach a consensus about them? Answer: Social contract
orientation
⩥ Which criteria are used to evaluate moral reasoning? Answer: Logic
and evidence
⩥ Joseph Heath characterized three traditional explanations
(motivations) for white collar crime as "folk theories". What are the 3
"folk theories"? Answer: Defect in character; excess greed; does not
know right from wrong
⩥ Which of the following is NOT a neutralization/rationalizations?
Answer: Excess Greed
⩥ There are 6 characteristics of moral standards, which of the following
is NOT one of those characteristics? Answer: How we judge people's
manners as good/bad
⩥ I am personally against racial injustice, but I would never publically
protest it on campus without the administration's permission. What Stage
of Kohlberg's theory of moral development am I in? Answer: Law and
Order orientation
, ⩥ Which of the following is a characteristic that blocks good conduct of
an organization? Answer: Weak Board of Directors, Bigger than Life
CEO, Unrealistic Expectations, Innovation like no other company
⩥ Which of the following is defined as standard of what a group or
individual feels is right or wrong, or good or evil? Answer: Morality
⩥ What are the steps to moral reasoning? Answer: Recognize an ethical
situation; identify the ethical course of actions; decide what is right; and
carry out the action
⩥ Which of the following is a reason(s) to support ethics in business?
Answer: Businesses will collapse without ethics, Good behavior has a
correlation to profits, Retaliation of customers is a real thing "Karma"
⩥ A situation is likely to be seen as ethical when it involves serious harm
that is concentrated, likely, proximate, imminent, and potentially violates
moral standards. Answer: False
⩥ Business ethics is a specialized study of moral right and wrong that
concentrates on the moral standards as they apply to business
institutions, organizations, and behavior. Answer: True
BANK 2026 FINAL EXAMINATION REVIEW
QUESTIONS WITH COMPLETE SOLUTIONS
⩥ Which of the following best describes ethical standards? Answer:
How reasonable moral standards are applied to your life
⩥ Because companies intentionally engage in actions such as production
and sales some people believe they should be held morally responsible
for their decisions and actions. This view considers companies as having
to as act as... Answer: Moral agents
⩥ There have been several arguments against business ethics. Which
argument best supports the idea that when an organization makes money,
it improves society, so business ethics are not needed? Answer: Profits
benefit all
⩥ Which of the following best describes the idea that ethical standards
are true based on a particular culture or society, and will change based
on the society in which we find ourselves working? Answer: Ethical
Relativism
⩥ According to Kohlberg, during which stage of moral development
does one realize there are conflicting moral views and believes there is a
,fair way to reach a consensus about them? Answer: Social contract
orientation
⩥ Which criteria are used to evaluate moral reasoning? Answer: Logic
and evidence
⩥ Joseph Heath characterized three traditional explanations
(motivations) for white collar crime as "folk theories". What are the 3
"folk theories"? Answer: Defect in character; excess greed; does not
know right from wrong
⩥ Which of the following is NOT a neutralization/rationalizations?
Answer: Excess Greed
⩥ There are 6 characteristics of moral standards, which of the following
is NOT one of those characteristics? Answer: How we judge people's
manners as good/bad
⩥ I am personally against racial injustice, but I would never publically
protest it on campus without the administration's permission. What Stage
of Kohlberg's theory of moral development am I in? Answer: Law and
Order orientation
, ⩥ Which of the following is a characteristic that blocks good conduct of
an organization? Answer: Weak Board of Directors, Bigger than Life
CEO, Unrealistic Expectations, Innovation like no other company
⩥ Which of the following is defined as standard of what a group or
individual feels is right or wrong, or good or evil? Answer: Morality
⩥ What are the steps to moral reasoning? Answer: Recognize an ethical
situation; identify the ethical course of actions; decide what is right; and
carry out the action
⩥ Which of the following is a reason(s) to support ethics in business?
Answer: Businesses will collapse without ethics, Good behavior has a
correlation to profits, Retaliation of customers is a real thing "Karma"
⩥ A situation is likely to be seen as ethical when it involves serious harm
that is concentrated, likely, proximate, imminent, and potentially violates
moral standards. Answer: False
⩥ Business ethics is a specialized study of moral right and wrong that
concentrates on the moral standards as they apply to business
institutions, organizations, and behavior. Answer: True