Business Ethics Exam 1 Questions
and Answers Updated 2026
EthicsB-BAnswerBaBconceptionBofBrightBandBwrongBconduct.
EthicalBPrinciplesB-BAnswerBguidesBtoBmoralBbehavior
EthicalBRelavismB-
BAnswerBholdsBthatBethicalBprinciplesBshouldBbeBdefinedBbyBvariousBperiodsBofBtimeB
inBhistory,BaBsociety'sBtraditions,BtheBspecialBcircumstancesBofBtheBmoment,BorBperso
nalBopinion.
BusinessBEthicsB-
BAnswerBtheBapplicationBofBgeneralBethicalBideasBtoBbusinessBbehavior.BThisBisBnotBa
BspecialBsetBofBethicalBideasBdifferentBfromBthicsBinBgeneralBandBapplicableBonlyBtoB
business
USBCorporateBSentencingBGuidelinesB-
BAnswerBprovideBaBstrongBincentiveBforBbusinessBtoBpromoteBethicsBatBwork.BThisBco
mesBintoBplayBwhenBanBemployeeBofBaBfirmBhasBbeenBfoundBguiltyBofBcriminalBwor
ngdoingBandBtheBfirmBisBfaceingBsentencingBforBtheBcriminalBact,BsinceBtheBfirmBisBr
eponsibleBforBactionsBtakenBbyBit'sBemployees.
Sarbanes-OxleyBActB-
BAnswerBBornBformBtheBethicsBatBEnron,BWorldCom,BTyco,BandBothers,BthisBlawBseek
sBtoBensureBthatBfirmsBmaintainBhighBethicalBstandardsBinBhowBtheyBconductBandBm
onitorBbusinessBoperations.
EthicalBEgoistB-BAnswerBaBmanagerBorBemployeeBwhoBputsBhisBorBherBownBself-
interestBaboveBallBotherBconsiderations.BSelf-
promotion,BaBfocusBonBselfBinterestBtoBtheBpointBofBselfishness,BandBgreedBareBtraits
BcommonlyBobservedBinBthisBtypeBofBperson.
, AltruismB-BAnswerBactingBforBtheBbenefitBofBothersBwhenBself-
interestBisBsacrificed,BisBseenBtoBbeBsentimentalBorBevenBirrational.
ConflictBofBInterestB-BAnswerBoccursBwhenBanBindividual'sBself-
interestBconflictsBwithBactingBinBtheBbestBinterestBofBanother,BwhenBtheBindividualBha
sBanBobligationBtoBdoBso
SpiritualityB-
BAnswerBaBpersonalBbeliefBinBaBsupremeBbeing,BreliguousBorganization,BorBtheBpower
BofBnatureBorBsomeBotherBexternal,Blife-guidingBforceB-
BhasBalwaysBbeenBaBpartBofBtheBhumanBmakeup
StagesBofBMoralBDevelopmentB-
BAnswerBABsequentialBpatternBofBhowBpeopleBgrowBandBdevelopBinBtheirBmoralBthin
king,BbeginningBwithaBconcernBforBtheBselfBandBgrowingBtoBaBconcernBforBothersBan
dBbroad-basedBprinciples.
StageB1B-BAnswerBChildhood,BpunishmentBavoidance,BobedienceBtoBpower.BEgo-
centeredBreasoning
StageB2B-BAnswerBAdolexcence,Byouth.BRewardBseeking:Bself-
interest,BownBneeds,Breciprocity.BEgo-centeredBreasoning
StageB3B-
BAnswerBEarlyBAdulthood,BAdolescence.BSocialBgroups:Bfriends.Bschool,Bcoworkers,Bfa
mily.BGroup-centeredBreasoning
StageB4B-
BAnswerBAdulthood.BSocietyBatBlarge:Bcurtoms,Btraditions,Blaws.BSocietyBandBlaw-
centeredBreasoning
StageB5B-
BAnswerBMatureBadulthood.BMoralBbeliefsBaboveBandBbeyondBspecificBsocialBcustom:
and Answers Updated 2026
EthicsB-BAnswerBaBconceptionBofBrightBandBwrongBconduct.
EthicalBPrinciplesB-BAnswerBguidesBtoBmoralBbehavior
EthicalBRelavismB-
BAnswerBholdsBthatBethicalBprinciplesBshouldBbeBdefinedBbyBvariousBperiodsBofBtimeB
inBhistory,BaBsociety'sBtraditions,BtheBspecialBcircumstancesBofBtheBmoment,BorBperso
nalBopinion.
BusinessBEthicsB-
BAnswerBtheBapplicationBofBgeneralBethicalBideasBtoBbusinessBbehavior.BThisBisBnotBa
BspecialBsetBofBethicalBideasBdifferentBfromBthicsBinBgeneralBandBapplicableBonlyBtoB
business
USBCorporateBSentencingBGuidelinesB-
BAnswerBprovideBaBstrongBincentiveBforBbusinessBtoBpromoteBethicsBatBwork.BThisBco
mesBintoBplayBwhenBanBemployeeBofBaBfirmBhasBbeenBfoundBguiltyBofBcriminalBwor
ngdoingBandBtheBfirmBisBfaceingBsentencingBforBtheBcriminalBact,BsinceBtheBfirmBisBr
eponsibleBforBactionsBtakenBbyBit'sBemployees.
Sarbanes-OxleyBActB-
BAnswerBBornBformBtheBethicsBatBEnron,BWorldCom,BTyco,BandBothers,BthisBlawBseek
sBtoBensureBthatBfirmsBmaintainBhighBethicalBstandardsBinBhowBtheyBconductBandBm
onitorBbusinessBoperations.
EthicalBEgoistB-BAnswerBaBmanagerBorBemployeeBwhoBputsBhisBorBherBownBself-
interestBaboveBallBotherBconsiderations.BSelf-
promotion,BaBfocusBonBselfBinterestBtoBtheBpointBofBselfishness,BandBgreedBareBtraits
BcommonlyBobservedBinBthisBtypeBofBperson.
, AltruismB-BAnswerBactingBforBtheBbenefitBofBothersBwhenBself-
interestBisBsacrificed,BisBseenBtoBbeBsentimentalBorBevenBirrational.
ConflictBofBInterestB-BAnswerBoccursBwhenBanBindividual'sBself-
interestBconflictsBwithBactingBinBtheBbestBinterestBofBanother,BwhenBtheBindividualBha
sBanBobligationBtoBdoBso
SpiritualityB-
BAnswerBaBpersonalBbeliefBinBaBsupremeBbeing,BreliguousBorganization,BorBtheBpower
BofBnatureBorBsomeBotherBexternal,Blife-guidingBforceB-
BhasBalwaysBbeenBaBpartBofBtheBhumanBmakeup
StagesBofBMoralBDevelopmentB-
BAnswerBABsequentialBpatternBofBhowBpeopleBgrowBandBdevelopBinBtheirBmoralBthin
king,BbeginningBwithaBconcernBforBtheBselfBandBgrowingBtoBaBconcernBforBothersBan
dBbroad-basedBprinciples.
StageB1B-BAnswerBChildhood,BpunishmentBavoidance,BobedienceBtoBpower.BEgo-
centeredBreasoning
StageB2B-BAnswerBAdolexcence,Byouth.BRewardBseeking:Bself-
interest,BownBneeds,Breciprocity.BEgo-centeredBreasoning
StageB3B-
BAnswerBEarlyBAdulthood,BAdolescence.BSocialBgroups:Bfriends.Bschool,Bcoworkers,Bfa
mily.BGroup-centeredBreasoning
StageB4B-
BAnswerBAdulthood.BSocietyBatBlarge:Bcurtoms,Btraditions,Blaws.BSocietyBandBlaw-
centeredBreasoning
StageB5B-
BAnswerBMatureBadulthood.BMoralBbeliefsBaboveBandBbeyondBspecificBsocialBcustom:
