TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12, Complete Newest Version

TEST BANK for Business Ethics Ethical Decision Making
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and Cases, 13th Edition by O. C. Ferrell, John Fraedrich,
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Verified Chapters 1 – 12
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,TABLE OF CONTENTS

Part 1: An Overview of Business Ethics
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b 1: The Importance of Business Ethics
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2: Stakeholder Relationships, Social Responsibility, and Corporate
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b Governance

3: Sustainability: Ethical and Social Responsibility Dimensions
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Part 2: Ethical Issues and the Institutionalization of Business
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b Ethics 4: The Institutionalization of Business Ethics
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5: Emerging Business Ethics Issues
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b Part 3: The Decision-Making Process
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b 6: Ethical Decision Making
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7: Individual Factors: Moral Philosophies and Values
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8: Organizational Factors: The Role of Ethical Culture and
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b Relationships Part 4: Implementing Business Ethics in a Global
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b Economy

9: Developing and Implementing an Effective Ethics Program
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b 10: Global Business Ethics Issues
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11: Ethical Leadership
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,12: Technology: Ethics and Social Responsibility Issues
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, 1 The Importance of Business Ethics
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1. Principles are b


a. laws and regulations that guide behavior in the world of business.
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b. mores, values, and customs that guide behavior in general.
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c. specific and pervasive boundaries for behavior that are universal and absolute.
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d. the obligations businesses assume to maximize their positive impact and minimize their
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bnegative impact onstakeholders. b b



e. the mores, values, and customs that parents teach their children.
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ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5 b



LEARNING OBJECTIVES: LO: 1-1 - Explore conceptualizations of business ethics from an organizational
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perspective. b



NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: b United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
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KEYWORDS: Blooms: Comprehension b




2. Social responsibility is
b b


a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
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b. principles and standards that guide behavior in the world of business.
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c. a business's responsibility not to pollute the environment.
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d. a business's responsibility to manufacture products that function properly.
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e. charitable contributions made by a business to enhance its image.
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ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 b



LEARNING OBJECTIVES: LO: 1-4 - Gain insight into the extent of ethical misconduct in the workplace and the
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pressures for unethical behavior. b b b b



NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: b United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
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KEYWORDS: Blooms: Knowledge b