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CPA - Certified Public Accountant
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Institution
CPA - Certified Public Accountant
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CPA - Certified Public Accountant

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Uploaded on
December 5, 2025
Number of pages
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Written in
2025/2026
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Exam (elaborations)
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TEST BANK
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An Introduction to Business Ethics, 6th Edition

Joseph R. DesJardins
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, Table of Contents
1. Why Study Ethics?
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2. Ethical Theory and Business
3. Corporate Social Responsibility
4. Corporate Culture, Governance, and Ethical Leadership
5. The Meaning and Value of Work
6. Moral Rights in the Workplace
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7. Employee Responsibilities
8. Marketing Ethics: Product Safety and Pricing
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9. Marketing Ethics: Advertising and Digital Marketing
10. Sustainability and the Natural Environment
11. Workplace Diversity and Discrimination
12. International Business and Globalization
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, An Introduction to Business Ethics, 6e (DesJardins)
Chapter 1 Why Study Ethics?
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1) Which of the following statements is decisive in determining whether or not to study business
ethics?
A) Business managers don't need to study ethics in order to know how to treat employees,
shareowners, and customers.
B) Business and ethics simply don't mix. In the final analysis, self-interest, represented by profit,
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overrides the interests of employees, customers, and communities. Opinion and sentiment get in
the way of efficient business decision making.
C) Ethical concerns are as unavoidable in business as are concerns of marketing, accounting,
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finance, and human resources. Formal study of business ethics helps address these concerns so
that businesses can integrate ethics in their decision making.
D) The answers to ethical questions are clear-cut enough; all business people already know right
from wrong.
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Answer: C
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2) Which of the following statements correctly describes the relationship between philosophical
ethics and ethos?
A) Individuals who obey the conventions, mores, and rules of their cultures are already acting
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ethically. No further philosophical reflection is required.
B) Philosophical ethics distinguishes what people do value from what they should value.
C) What people do value and should value is, for all practical purposes, the same.
D) Philosophical ethics is too abstract to be useful in everyday life situations. Following the
mores and customs of one's culture is a more dependable way to make moral decisions.
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Answer: B
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3) Ethics refers to the beliefs, values, and principles that guide a person's life and decisions.

Answer: TRUE
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4) Ethical behavior and an ethical reputation can provide a competitive advantage in the
marketplace and with customers, suppliers, and employees.
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Answer: TRUE
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, 5) In a society that values individual freedom, everything that is legal is ethically right and
everything that is ethically wrong is illegal.
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Answer: FALSE
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6) Unlike Generally Accepted Accounting Principles (GAAP) for accountants, there are no
principles, standards, concepts, or values common to business ethics.
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Answer: FALSE
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7) The role of an ethics course should be to convey information to a passive audience, while
treating students as passive learners.

Answer: FALSE
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8) The unexamined life, according to Socrates, is not worth living.
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Answer: TRUE
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9) Business ethics is concerned more with reasoning than answers.

Answer: TRUE
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10) If something is seriously wrong, the law will prohibit it. Consequently, it's enough to rely on
the law for deciding what's right or wrong.
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Answer: FALSE
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11) Ethics and ethos are the same thing.
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Answer: FALSE
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12) Philosophical ethics denies that conformity and obedience are the best guides to how we
should live.
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Answer: FALSE
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