Test Bank for Business Ethics Now 4th Edition by Ghillyer
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Test Bank For Business Ethics Now 4th
Edition by Ghillyer
Chapter 02:Defining Business Ethics
True / False Questions
1. Business ethics involves the application of standards of moral behavior to
business situations.
True False
2. Business ethics can be approached from two distinct perspectives:
prohibitive and preventative.
True False
3. Business ethics should be applied as a separate set of moral standards or
ethical concepts from general ethics.
True False
4. Ethical behavior should be the same both inside and outside a business
situation.
True False
5. A stakeholder is someone with a share or interest in a business enterprise.
True False
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6. Not every stakeholder will be relevant in every business situation.
True False
7. Stakeholders include stockholders, employees, and the federal government.
True False
8. The interests of wholesalers in an organization include accurate deliveries
of quality products on time and at a reasonable cost.
True False
9. The interests of creditors in an organization focus specifically on the
employment of local residents and the safety of the work environment.
True False
10. Unethical corporate behavior does not impact a company's stakeholders.
True False
11. Unethical corporate behavior could impact a community negatively if it
were to lead to an economic decline.
True False
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