a a a a a a a a a a
DynamicaBusinessaLaw,a5ea(Kubasek)a
Chaptera2 BusinessaEthics
1) Ethicalaconversationaisaprimarilyaaboutafindingatheaoneaandaonlyarightathingatoado.
Answer:a FALSE
Explanation:a Ethicalaconversationaisalessaaboutafindingatheaoneaandaonlyarightathingatoadoathanaitaisa
aboutafindingatheabetterathingatoado.
Difficulty:a1aEasyaPageaRef:a16
Topic:a BusinessaEthicsaandaSocialaResponsibility
LearningaObjective:a 02-
01aDistinguishabetweenabusinessaethicsaandatheasocialaresponsibilityaofabusiness.
Bloom's:aUnderstandaAA
CSB:a Ethics
Accessibility:a KeyboardaNavigation
2) Businessaethicsaisatheaapplicationaofaethicsatoatheaspecialaproblemsaandaopportunitiesae
xperiencedabyabusinessapeople.
Answer:a TRUE
Explanation:a Ethicsaisatheastudyaandapracticeaofadecisionsaaboutawhataisagoodaoraright.aEthicsagui
desausawhenaweaareawonderingawhataweashouldabeadoingainaaaparticularasituation.aBusinessaethics
aisatheaapplicationaofaethicsatoatheaspecialaproblemsaandaopportunitiesaexperiencedabyabusinessap
eople.
Difficulty:a2aMediumaPageaRef:a16
Topic:a BusinessaEthicsaandaSocialaResponsibility
LearningaObjective:a 02-
01aDistinguishabetweenabusinessaethicsaandatheasocialaresponsibilityaofabusiness.
Bloom's:aUnderstandaAA
CSB:a Ethics
Accessibility:a KeyboardaNavigation
3) Businessaethicsaandaregularaethicsaareatheaexactasame.
Answer:a FALSE
Explanation:aTheadefinitionaofaethicsaisatheastudyaandapracticeaofadecisionsaaboutarightaandawronga
whileabusinessaethicsarefersatoatheaapplicationaofaethicsatoaspecialaproblemsaandaopportunitiesathata
businessapeopleaface.
Difficulty:a2aMedium
Topic:a BusinessaEthicsaandaSocialaResponsibility
LearningaObjective:a 02-
02aRecognizeathearelationshipabetweenabusinessalawaandabusinessaethics.
Bloom's:aUnderstandaAA
CSB:a Ethics
Accessibility:a KeyboardaNavigation
4) Socialaresponsibilityaofabusinessadealsawithatheaexpectationsathataaacommunityawouldaimpose
1
Copyrighta2019a©aMcGraw-
HillaEducation.aAllarightsareserved.aNoareproductionaoradistributionawithoutatheapriorawrittenaconsentaofaMcGraw-
HillaEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Dynamic Business Law 5th Edition Kubasek
a a a a a a a a a a
onaaafirmadoingabusinessainatheiracommunity.
Answer:a TRUE
Explanation:a Theasocialaresponsibilityaofabusinessaconsistsaofatheaexpectationsathatatheacommunitya
imposesaonafirmsadoingabusinessainsideaitsaborders.
Difficulty:a2aMediumaPageaRef:a16
Topic:a BusinessaEthicsaandaSocialaResponsibility
LearningaObjective:a 02-
01aDistinguishabetweenabusinessaethicsaandatheasocialaresponsibilityaofabusiness.
Bloom's:aUnderstandaAA
CSB:a Ethics
Accessibility:a KeyboardaNavigation
5) InsureraAmericanaInternationalaGroupa(AIG)aisawellaknownainatheainsuranceaindustryaforaitsaet
hicalabusinessapractices.
Answer:a FALSE
Explanation:a Becauseaofariskyabetsaitamadeainsuringamortgage-
backedasecurities,atheacompanyacollapsedaandareceivedathealargestafederalabailoutainaU.S.ahistory.aAI
Gabecameatheasourceaofawidespreadapublicaoutrageawhenaitapaidaoutamillionsainabonusesatwoadaysabef
oreaitsabailout.
Difficulty:a2aMediumaPageaRef:a17-18
Topic:a BusinessaEthicsaandaSocialaResponsibility
LearningaObjective:a 02-
01aDistinguishabetweenabusinessaethicsaandatheasocialaresponsibilityaofabusiness.
Bloom's:aUnderstandaAA
CSB:a Ethics
Accessibility:a KeyboardaNavigation
6) TheaForeignaCorruptaPracticesaActamakesaitaunlawfulaforaaaU.S.apersonatoamakeapaymentsatoaaafo
reignaofficialatoaobtainaoraretainabusinessawithaanyaperson.
Answer:a TRUE
Explanation:aTheaForeignaCorruptaPracticesaActamakesaitaunlawfulaforaaaU.S.apersonatoamakeapaym
entsatoaaaforeignaofficialaforatheapurposesaofaobtainingaoraretainingabusinessawithaanyaperson.
Difficulty:a2aMedium
Topic:a BusinessaLawaandaBusinessaEthics
LearningaObjective:a 02-
02aRecognizeathearelationshipabetweenabusinessalawaandabusinessaethics.
Bloom's:aUnderstandaAA
CSB:a Diversity
Accessibility:a KeyboardaNavigation
2
Copyrighta2019a©aMcGraw-
HillaEducation.aAllarightsareserved.aNoareproductionaoradistributionawithoutatheapriorawrittenaconsentaofaMcGraw-
HillaEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Dynamic Business Law 5th Edition Kubasek
a a a a a a a a a a
7) Inasomeacountries,abusinessesamustapayabribesatoareceiveasuppliesatheyaneedatoastayainab
usiness.
Answer:a TRUE
Explanation:a Inasomeacountries,abusinessesamustapayabribesatoareceivealegitimateasupplies.aAlthou
ghatheabusinessapersonamayabeamorallyaopposedatoapayingabribes,atheasuppliesaareanecessaryatoasta
yainabusiness,asoacompaniesafaceaanaethicaladilemma.
Difficulty:a2aMediumaPageaRef:a18
Topic:a BusinessaLawaandaBusinessaEthics
LearningaObjective:a 02-
02aRecognizeathearelationshipabetweenabusinessalawaandabusinessaethics.
Bloom's:aUnderstandaAA
CSB:a Diversity
Accessibility:a KeyboardaNavigation
8) InaanaethicalaanalysisausingatheaWHaFrameworkareferencedainatheatext,aownersaareatheamostai
mportantastakeholdersaandashouldareceiveatheagreatestaconsiderationainadecisionamakingaregardl
essaofatheatypeaofaproblemaaddressed.
Answer:a FALSE
Explanation:a TheaWHaframeworkaconsidersawhomatheadecisionawouldaaffect,apurposeaforawhyawea
makeadecisionsa(values),aandahowatoamakeaethicaladecisions.
Difficulty:a2aMediumaPageaRef:a22
Topic:a TheaWHaFrameworkaforaBusinessaEthics
LearningaObjective:a02-
03aAnalyzeabusinessadecisionsausingatheaWHaframework.aBloom's:a Understand
AACSB:a Ethics
Accessibility:a KeyboardaNavigation
9) UnderatheaWHaframeworkathea"W"astandsaforaWhoaandathea"H"astandsaforahelp.
Answer:aaa FALSE
Explanation:a TheaWHainatheaWHaFrameworkastandsafora"Who"aanda"How".aDiffi
culty:a1aEasy
Topic:a TheaWHaFrameworkaforaBusinessaEthics
LearningaObjective:a02-
03aAnalyzeabusinessadecisionsausingatheaWHaframework.aBloom's:a Understand
AACSB:a Ethics
Accessibility:a KeyboardaNavigation
3
Copyrighta2019a©aMcGraw-
HillaEducation.aAllarightsareserved.aNoareproductionaoradistributionawithoutatheapriorawrittenaconsentaofaMcGraw-
HillaEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Dynamic Business Law 5th Edition Kubasek
a a a a a a a a a a
10) Theatermsashareholderaandastakeholderahaveatheasameameaning.
Answer:a FALSE
Explanation:a Theastakeholdersaofaaafirmaareatheamanyagroupsaofapeopleaaffectedabyatheafirm'sadecisi
ons.aShareholdersaareatheaownersaofatheacompany,aandaareaamongamanyaotherastakeholders.aDifficul
ty:a1aEasyaPageaRef:a23
Topic:a TheaWHaFrameworkaforaBusinessaEthics
LearningaObjective:a02-
03aAnalyzeabusinessadecisionsausingatheaWHaframework.aBloom's:a Understand
AACSB:a Ethics
Accessibility:a KeyboardaNavigation
11) Theacommunityainawhichaaafirmaoperatesawouldanotabeaconsideredaaastakeholderaofatheafirm.
Answer:a FALSE
Explanation:a Theageneralacommunityawhereaaafirmaoperatesaisaaastakeholderaofatheafirm.aDifficulty
:a1aEasyaPageaRef:a23
Topic:a TheaWHaFrameworkaforaBusinessaEthics
LearningaObjective:a02-
03aAnalyzeabusinessadecisionsausingatheaWHaframework.aBloom's:a Understand
AACSB:a Ethics
Accessibility:a KeyboardaNavigation
12) Ethicalarelativismaisaaatheoryaofaethicsathatadeniesatheaexistenceaofaobjectiveamoralastandardsaan
dateachesathataindividualsamustaevaluateaactionsaonatheabasisaofawhatatheyafeelaisabestaforathemselv
es.
Answer:a TRUE
Explanation:aEthicalarelativismaisaaatheoryaofaethicsathatadeniesatheaexistenceaofaobjectiveamoralasta
ndards.aAccordingatoaethicalarelativism,aindividualsamustaevaluateaactionsaonatheabasisaofawhatatheya
feelaisabestaforathemselves.
Difficulty:a1aEasy
Topic:a TheoriesaofaBusinessaEthics
LearningaObjective:a02-
04AaRecognizeatheatheoriesaofabusinessaethics.aBloom's:a Understand
AACSB:a Ethics
Accessibility:a KeyboardaNavigation
4
Copyrighta2019a©aMcGraw-
HillaEducation.aAllarightsareserved.aNoareproductionaoradistributionawithoutatheapriorawrittenaconsentaofaMcGraw-
HillaEducation.
mynursytest.store