BUL 4421-001 Ethics Test WITH ALL PASSING TIPS.

Bul 4421-001 Ethics Test With All Passing Tips
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Ethics - CORRECT ANSWER-the study of right and wrong behavior; knowing whether the
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action is fair, right, and just.
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Business Ethics - CORRECT ANSWER-directors and officers owe a complex set of duties
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to all of their stakeholders
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civil liability - CORRECT ANSWER-initiated by harmed individuals or administrative
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agencies such as SEC
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Criminal Culpability - CORRECT ANSWER-initiated by law enforcement and/or
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prosecutes
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professional liability - CORRECT ANSWER-loss of license to practice certain profession
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The most common reason ethical problems manifest in business - CORRECT ANSWER-
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an overemphasis on short term profit
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Religious Ethical Standards - CORRECT ANSWER-rightness or wrongness of an action is
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usually judged according to its conformity to an absolute rule that commands a particular
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form of behavior
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Kantian Ethics - CORRECT ANSWER-rightness or wrongness of an action is judged by
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estimating the consequences that would follow if everyone in society performed the act
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under consideration
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Principle Rights - CORRECT ANSWER-in deciding whether an action is ethical, one
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should consider what consequences their actions would have on fundamental rights of
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others
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