Business ghEthics, gh8e Jennings
Jennings
gh TEST BANK gh gh
Business Ethics Case Studies and Selected Readings,
gh gh gh gh gh gh
9th Edition by Jennings chapter 1 to 9
gh gh gh gh gh gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
,Business ghEthics, gh8e Jennings
Jennings
Table of contents
gh gh gh
1. Unit 1. Ethical Theory, Philosophical Foundations, Our Reasoning
gh gh gh gh gh gh gh
gh Flaws, and Types of Ethical Dilemmas
gh gh gh gh gh
2. Unit 2. Solving Ethical Dilemmas and Personal Introspection
gh gh gh gh gh gh gh
3. Unit 3. Business, Stakeholders, Social Responsibility, and
gh gh gh gh gh gh
gh Sustainability
4. Unit 4. Ethics and Company Culture
gh gh gh gh gh
5. Unit 5. Ethics and Contracts
gh gh gh gh
6. Unit 6. Ethics in International Business
gh gh gh gh gh
7. Unit 7. Ethics, Business Operations, and Rights
gh gh gh gh gh gh
8. Unit 8. Ethics and Products
gh gh gh gh
9. Unit 9. Ethics and Competition
gh gh gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
,Business ghEthics, gh8e Jennings
Jennings
UNIT ONE – ETHICAL THEORY, gh gh gh gh
PHILOSOPHICALFOUNDATIONS, gh h
g
OUR REASONING FLAWS, AND TYPES OF
gh gh gh gh gh
ETHICALDILEMMAS gh h
g
True/False Questions gh
F 1. A credo consists of how you define yourself by job title and income.
gh gh gh gh gh gh gh gh gh gh gh gh
T 2. Part of a credo includes a list of lines you would never cross to be
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh successful.T h
g 3. An ethical breach is not necessarily a violation of the law.
gh gh gh gh gh gh gh gh gh gh
T 4. Unwritten rules of conduct are part of our normative
gh gh gh gh gh gh gh gh
gh standards.F h
g 5. Self-interest is the same as selfishness. gh gh gh gh gh
F 6. Ethical egoism is selfishness.
gh gh gh
F 7. Kant would label paying lower wages in developing
g h g h g h g h g h g h g h g h countries g h than g h the
wages paid indeveloped economies as unethical.
g h gh g h h
g gh gh gh
F 8. Kant is part of the utilitarian school of thought on ethics.
gh gh gh gh gh gh gh gh gh gh
T 9. Kant and Rand do not agree on the importance of self-interest in ethical
gh gh gh gh gh gh gh gh gh gh gh gh
gh theory.Th
g 10. Locke and Rawls develop their ethical theory on the basis of a tabula
gh gh gh gh gh gh gh gh gh gh gh gh
gh rasa.
T 11. Locke and Rawls are contractarians.
gh gh gh gh
F 12. The Rights Theory is generally associated with Plato and
gh gh gh gh gh gh gh gh
Aristotle.F
gh h
g 13. Robert Nozick is the leading thinker for utilitarianism.
gh gh gh gh gh gh gh
T 14. Third-trimester abortions would be supported under a Rights
gh gh gh gh gh gh gh
Theory.T
gh h
g 15. Robert Solomon is a proponent of virtue ethics.
gh gh gh gh gh gh gh
F 16. “It’s a gray area,” is an example of ethical analysis.
gh gh gh gh gh gh gh gh gh
T 17. “We all don’t share the same ethics”
gh gh g h gh gh gh g h fails to consider common values
g h gh gh g h
that do exist inbusiness.
gh gh gh gh h
g
T 18. Hank Greenberg’s ability to find a way around rules was evident from his
gh gh gh gh gh gh gh gh gh gh gh gh
conduct as asoldier in London.
gh gh gh h
g gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
, Business ghEthics, gh8e Jennings
Jennings
T 19. Hank Greenberg was ousted from his position as CEO of AIG.
gh gh gh gh gh gh gh gh gh gh
T 20. Laura Nash provides tools for examining how a company got into an ethical dilemma.
gh gh gh gh gh gh gh gh gh gh gh gh gh
T 21. gh gh gh gh gh gh gh It is not plagiarism to use facts obtained from several sources that are footnoted
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh or listed as sources.
gh gh gh
T 22. It is plagiarism to rewrite the phrasing of another source and not use quotes or a
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
footnote.
gh
F 23. gh gh gh gh gh gh gh gh A conflict of interest is unethical only if those involved actually change their
gh gh gh gh gh gh gh gh gh gh gh gh
gh decision based on the benefits to be derived.
gh gh gh gh gh gh gh
T 24. An illegal act is an unethical act.
gh gh gh gh gh gh
T 25. Using positive law as an ethical standard means simply compliance with the law.
gh gh gh gh gh gh gh gh gh gh gh gh
T 26. gh gh gh ghThe element of balance in the Blanchard/Peale ethical model requires an
gh gh gh gh gh gh gh gh gh gh gh
gh examination of the issue from the perspective of the affected party.
gh gh gh gh gh gh gh gh gh gh
T 27. gh gh gh gh gh gh A valid ethical barometer is the reaction of family and friends outside the business
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh setting to your proposed decision.
gh gh gh gh
F 28. gh gh gh gh gh gh gh An agreement by an agent to accept a 10% commission from a seller who will
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh sell goods to the agent’s employer is ethical so long as the agent would have
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh chosen that seller anyway. gh gh gh
T 29. A real estate agent who recommends a management firm to an apartment complex buyer
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
without disclosing that the agent owns 50% of the firm has committed an ethical
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
violation. gh
F 30. A commercial broker who accepts fees from both the seller and the buyer of the
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
business without disclosure to either has not committed an ethical violation if both
gh gh gh gh gh gh gh gh gh gh gh gh gh
parties are happy with the transaction.
gh g h gh gh gh gh
T 31. A member of the city council who is employed by a waste management firm would have
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
a conflict of interest in voting on the city’s award of a contract for the handling of
gh h
g gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
the city’s waste.
gh gh gh
F 32. gh gh gh gh gh gh gh A physician conducting a study on a new prescription drug manufactured by a firm
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh in which he is a 10% shareholder does not have a conflict of interest so long as
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh his stock ownership is disclosed in his report on the drug.
gh gh gh gh gh gh gh gh gh gh
T 33. A physical fitness expert retained by a fitness magazine to evaluate walking shoes has a
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
conflict of interest if she has an endorsement contract with one of the shoe
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
companies that manufactures the shoes she will be evaluating.
gh gh gh gh gh gh gh gh gh
F 34. gh gh gh gh Giving preferential treatment in contract bidding to the daughter of a member of the
gh gh gh gh gh gh gh gh gh gh gh gh gh
company board is not a conflict of interest.
gh gh gh gh gh gh gh gh
F 35. gh gh gh gh gh gh A major donation by one of your long-term suppliers to a non-profit organization run
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh by your spouse should not create perception problems so long as your purchasing
gh gh gh gh gh gh gh gh gh gh gh gh
gh decisionsare based on the merits. h
g gh gh gh gh
F 36. Having loan applicants pay for the expenses of bank officer
gh gh gh gh gh gh gh gh gh gh g h travel g h for g h purposes g h of
evaluating collateral is not a conflict of interest.
gh gh gh gh gh gh gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
Jennings
gh TEST BANK gh gh
Business Ethics Case Studies and Selected Readings,
gh gh gh gh gh gh
9th Edition by Jennings chapter 1 to 9
gh gh gh gh gh gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
,Business ghEthics, gh8e Jennings
Jennings
Table of contents
gh gh gh
1. Unit 1. Ethical Theory, Philosophical Foundations, Our Reasoning
gh gh gh gh gh gh gh
gh Flaws, and Types of Ethical Dilemmas
gh gh gh gh gh
2. Unit 2. Solving Ethical Dilemmas and Personal Introspection
gh gh gh gh gh gh gh
3. Unit 3. Business, Stakeholders, Social Responsibility, and
gh gh gh gh gh gh
gh Sustainability
4. Unit 4. Ethics and Company Culture
gh gh gh gh gh
5. Unit 5. Ethics and Contracts
gh gh gh gh
6. Unit 6. Ethics in International Business
gh gh gh gh gh
7. Unit 7. Ethics, Business Operations, and Rights
gh gh gh gh gh gh
8. Unit 8. Ethics and Products
gh gh gh gh
9. Unit 9. Ethics and Competition
gh gh gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
,Business ghEthics, gh8e Jennings
Jennings
UNIT ONE – ETHICAL THEORY, gh gh gh gh
PHILOSOPHICALFOUNDATIONS, gh h
g
OUR REASONING FLAWS, AND TYPES OF
gh gh gh gh gh
ETHICALDILEMMAS gh h
g
True/False Questions gh
F 1. A credo consists of how you define yourself by job title and income.
gh gh gh gh gh gh gh gh gh gh gh gh
T 2. Part of a credo includes a list of lines you would never cross to be
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh successful.T h
g 3. An ethical breach is not necessarily a violation of the law.
gh gh gh gh gh gh gh gh gh gh
T 4. Unwritten rules of conduct are part of our normative
gh gh gh gh gh gh gh gh
gh standards.F h
g 5. Self-interest is the same as selfishness. gh gh gh gh gh
F 6. Ethical egoism is selfishness.
gh gh gh
F 7. Kant would label paying lower wages in developing
g h g h g h g h g h g h g h g h countries g h than g h the
wages paid indeveloped economies as unethical.
g h gh g h h
g gh gh gh
F 8. Kant is part of the utilitarian school of thought on ethics.
gh gh gh gh gh gh gh gh gh gh
T 9. Kant and Rand do not agree on the importance of self-interest in ethical
gh gh gh gh gh gh gh gh gh gh gh gh
gh theory.Th
g 10. Locke and Rawls develop their ethical theory on the basis of a tabula
gh gh gh gh gh gh gh gh gh gh gh gh
gh rasa.
T 11. Locke and Rawls are contractarians.
gh gh gh gh
F 12. The Rights Theory is generally associated with Plato and
gh gh gh gh gh gh gh gh
Aristotle.F
gh h
g 13. Robert Nozick is the leading thinker for utilitarianism.
gh gh gh gh gh gh gh
T 14. Third-trimester abortions would be supported under a Rights
gh gh gh gh gh gh gh
Theory.T
gh h
g 15. Robert Solomon is a proponent of virtue ethics.
gh gh gh gh gh gh gh
F 16. “It’s a gray area,” is an example of ethical analysis.
gh gh gh gh gh gh gh gh gh
T 17. “We all don’t share the same ethics”
gh gh g h gh gh gh g h fails to consider common values
g h gh gh g h
that do exist inbusiness.
gh gh gh gh h
g
T 18. Hank Greenberg’s ability to find a way around rules was evident from his
gh gh gh gh gh gh gh gh gh gh gh gh
conduct as asoldier in London.
gh gh gh h
g gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
, Business ghEthics, gh8e Jennings
Jennings
T 19. Hank Greenberg was ousted from his position as CEO of AIG.
gh gh gh gh gh gh gh gh gh gh
T 20. Laura Nash provides tools for examining how a company got into an ethical dilemma.
gh gh gh gh gh gh gh gh gh gh gh gh gh
T 21. gh gh gh gh gh gh gh It is not plagiarism to use facts obtained from several sources that are footnoted
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh or listed as sources.
gh gh gh
T 22. It is plagiarism to rewrite the phrasing of another source and not use quotes or a
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
footnote.
gh
F 23. gh gh gh gh gh gh gh gh A conflict of interest is unethical only if those involved actually change their
gh gh gh gh gh gh gh gh gh gh gh gh
gh decision based on the benefits to be derived.
gh gh gh gh gh gh gh
T 24. An illegal act is an unethical act.
gh gh gh gh gh gh
T 25. Using positive law as an ethical standard means simply compliance with the law.
gh gh gh gh gh gh gh gh gh gh gh gh
T 26. gh gh gh ghThe element of balance in the Blanchard/Peale ethical model requires an
gh gh gh gh gh gh gh gh gh gh gh
gh examination of the issue from the perspective of the affected party.
gh gh gh gh gh gh gh gh gh gh
T 27. gh gh gh gh gh gh A valid ethical barometer is the reaction of family and friends outside the business
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh setting to your proposed decision.
gh gh gh gh
F 28. gh gh gh gh gh gh gh An agreement by an agent to accept a 10% commission from a seller who will
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh sell goods to the agent’s employer is ethical so long as the agent would have
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh chosen that seller anyway. gh gh gh
T 29. A real estate agent who recommends a management firm to an apartment complex buyer
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
without disclosing that the agent owns 50% of the firm has committed an ethical
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
violation. gh
F 30. A commercial broker who accepts fees from both the seller and the buyer of the
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
business without disclosure to either has not committed an ethical violation if both
gh gh gh gh gh gh gh gh gh gh gh gh gh
parties are happy with the transaction.
gh g h gh gh gh gh
T 31. A member of the city council who is employed by a waste management firm would have
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
a conflict of interest in voting on the city’s award of a contract for the handling of
gh h
g gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
the city’s waste.
gh gh gh
F 32. gh gh gh gh gh gh gh A physician conducting a study on a new prescription drug manufactured by a firm
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh in which he is a 10% shareholder does not have a conflict of interest so long as
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
gh his stock ownership is disclosed in his report on the drug.
gh gh gh gh gh gh gh gh gh gh
T 33. A physical fitness expert retained by a fitness magazine to evaluate walking shoes has a
gh gh gh gh gh gh gh gh gh gh gh gh gh gh gh
conflict of interest if she has an endorsement contract with one of the shoe
gh gh gh gh gh gh gh gh gh gh gh gh gh gh
companies that manufactures the shoes she will be evaluating.
gh gh gh gh gh gh gh gh gh
F 34. gh gh gh gh Giving preferential treatment in contract bidding to the daughter of a member of the
gh gh gh gh gh gh gh gh gh gh gh gh gh
company board is not a conflict of interest.
gh gh gh gh gh gh gh gh
F 35. gh gh gh gh gh gh A major donation by one of your long-term suppliers to a non-profit organization run
gh gh gh gh gh gh gh gh gh gh gh gh gh
gh by your spouse should not create perception problems so long as your purchasing
gh gh gh gh gh gh gh gh gh gh gh gh
gh decisionsare based on the merits. h
g gh gh gh gh
F 36. Having loan applicants pay for the expenses of bank officer
gh gh gh gh gh gh gh gh gh gh g h travel g h for g h purposes g h of
evaluating collateral is not a conflict of interest.
gh gh gh gh gh gh gh gh
© gh2015 ghCengage ghLearning. g h All ghRights ghReserved. gh May ghnot ghbe ghscanned, ghcopied ghor ghduplicated, ghor ghposted ghto gha ghpublicly ghaccessible
ghwebsite, ghin ghwhole ghor ghin ghpart.
