TEST BANK h
Business Ethics Ethical Decision Making and Cases, 13th Edition
h h h h h h h h
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
h h h h h h h h h h
,TABLEhOFhCONTENTS h
Part h1: hAn hOverview hof hBusiness hEthics h 1: hThe
Importance hof hBusiness hEthics
h
2: hStakeholder hRelationships, hSocial hResponsibility, hand hCorporate hGovernance h 3: hSustainability:
Ethical hand hSocial hResponsibility hDimensions
h
Part h2: hEthical hIssues hand hthe hInstitutionalization hof hBusiness hEthics h 4: hThe
Institutionalization hof hBusiness hEthics
h
5: hEmerging hBusiness hEthics hIssues h hPart h3: hThe
Decision-Making hProcess h 6: hEthical hDecision
h
Making
h
7: hIndividual hFactors: hMoral hPhilosophies hand hValues
8: hOrganizational hFactors: hThe hRole hof hEthical hCulture hand hRelationships h hPart h4: hImplementing
Business hEthics hin ha hGlobal hEconomy
h
9: hDeveloping hand hImplementing han hEffective hEthics hProgram h 10: hGlobal hBusiness
Ethics hIssues
h
11: hEthical hLeadership
12: hTechnology: hEthics hand hSocial hResponsibility hIssues
,1: hThe hImportance hof hBusiness hEthics
1. Principles hare
a. laws hand hregulations hthat hguide hbehavior hin hthe hworld hof hbusiness.
b. mores, hvalues, hand hcustoms hthat hguide hbehavior hin hgeneral.
c. specific hand hpervasive hboundaries h for hbehavior hthat hare huniversal hand habsolute.
d. the hobligations hbusinesses hassume hto hmaximize htheir hpositive himpact hand hminimize htheir hnegative
himpact hon h stakeholders.
e. the hmores, hvalues, hand hcustoms hthat hparents hteach htheir hchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. h5
LEARNING hOBJECTIVES: h LO: h1-1 h- hExplore hconceptualizations h of hbusiness hethics hfrom han horganizational
h perspective.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hComprehension
2. Social hresponsibility his
a. an horganization's h obligation hto hmaximize hits hpositive heffects hand hminimize hits hnegative heffects hon
stakeholders.
h
b. principles hand hstandards hthat hguide hbehavior hin hthe hworld hof hbusiness.
c. a hbusiness's hresponsibility hnot hto hpollute hthe henvironment.
d. a hbusiness's hresponsibility hto hmanufacture hproducts hthat hfunction hproperly.
e. charitable hcontributions h made hby ha hbusiness hto henhance hits himage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. h23
LEARNING h OBJECTIVES: h h LO: h1-4 h- hGain hinsight hinto hthe hextent hof hethical hmisconduct hin hthe hworkplace
hand hthe h pressures hfor hunethical hbehavior.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hKnowledge
, 3. The was/were henacted hto hrestore hconfidence hin hfinancial hreporting hand hbusiness hethics hafter
hthe haccounting h scandals hof hthe hearly h2000s.
a. Defense hIndustry hInitiative hon hBusiness hEthics hand hConduct
b. Sarbanes-Oxley h Act
c. Federal hSentencing hGuidelines hfor hOrganizations
d. Foreign hCorrupt hPractices h Act
e. Dodd-Frank hWall hStreet hReform hand hConsumer hProtection hAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. h13
LEARNING hOBJECTIVES: h hLO: h1-2 h- hExamine hthe hhistorical hfoundations hand hevolution hof hbusiness hethics.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hKnowledge
4. The hterm hbusiness h ethics h is hbest hdescribed h by hthe hfollowing h statement:
a. It his hthe hstudy hand hphilosophy hof hhuman hconduct, hwith han hemphasis hon hdetermining hright hand hwrong.
b. It his han h"inquiry hinto hthe hnature hand hgrounds hof hmorality hwhere hthe hterm hmorality his htaken hto
hmean hmoral h judgments, hstandards hand hrules hof hconduct."
c. It his hthe h"study hof hthe hgeneral hnature hof hmorals hand hof hspecific hmoral hchoices; hmoral hphilosophy;
hand hthe hrules hor h standards hgoverning hthe hconduct hof hthe hmembers hof ha hprofession."
d. It his han horganization's hobligation hto hmaximize hits hpositive heffects hand hminimize hits hnegative
heffects hon h stakeholders.
e. It hcomprises hthe hprinciples, hvalues, hand hstandards hthat hguide hbehavior hin hthe hworld hof hbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. h5
LEARNING hOBJECTIVES: h LO: h1-1 h- hExplore hconceptualizations h of hbusiness hethics hfrom han
horganizational h perspective.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hKnowledge
Business Ethics Ethical Decision Making and Cases, 13th Edition
h h h h h h h h
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
h h h h h h h h h h
,TABLEhOFhCONTENTS h
Part h1: hAn hOverview hof hBusiness hEthics h 1: hThe
Importance hof hBusiness hEthics
h
2: hStakeholder hRelationships, hSocial hResponsibility, hand hCorporate hGovernance h 3: hSustainability:
Ethical hand hSocial hResponsibility hDimensions
h
Part h2: hEthical hIssues hand hthe hInstitutionalization hof hBusiness hEthics h 4: hThe
Institutionalization hof hBusiness hEthics
h
5: hEmerging hBusiness hEthics hIssues h hPart h3: hThe
Decision-Making hProcess h 6: hEthical hDecision
h
Making
h
7: hIndividual hFactors: hMoral hPhilosophies hand hValues
8: hOrganizational hFactors: hThe hRole hof hEthical hCulture hand hRelationships h hPart h4: hImplementing
Business hEthics hin ha hGlobal hEconomy
h
9: hDeveloping hand hImplementing han hEffective hEthics hProgram h 10: hGlobal hBusiness
Ethics hIssues
h
11: hEthical hLeadership
12: hTechnology: hEthics hand hSocial hResponsibility hIssues
,1: hThe hImportance hof hBusiness hEthics
1. Principles hare
a. laws hand hregulations hthat hguide hbehavior hin hthe hworld hof hbusiness.
b. mores, hvalues, hand hcustoms hthat hguide hbehavior hin hgeneral.
c. specific hand hpervasive hboundaries h for hbehavior hthat hare huniversal hand habsolute.
d. the hobligations hbusinesses hassume hto hmaximize htheir hpositive himpact hand hminimize htheir hnegative
himpact hon h stakeholders.
e. the hmores, hvalues, hand hcustoms hthat hparents hteach htheir hchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. h5
LEARNING hOBJECTIVES: h LO: h1-1 h- hExplore hconceptualizations h of hbusiness hethics hfrom han horganizational
h perspective.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hComprehension
2. Social hresponsibility his
a. an horganization's h obligation hto hmaximize hits hpositive heffects hand hminimize hits hnegative heffects hon
stakeholders.
h
b. principles hand hstandards hthat hguide hbehavior hin hthe hworld hof hbusiness.
c. a hbusiness's hresponsibility hnot hto hpollute hthe henvironment.
d. a hbusiness's hresponsibility hto hmanufacture hproducts hthat hfunction hproperly.
e. charitable hcontributions h made hby ha hbusiness hto henhance hits himage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. h23
LEARNING h OBJECTIVES: h h LO: h1-4 h- hGain hinsight hinto hthe hextent hof hethical hmisconduct hin hthe hworkplace
hand hthe h pressures hfor hunethical hbehavior.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hKnowledge
, 3. The was/were henacted hto hrestore hconfidence hin hfinancial hreporting hand hbusiness hethics hafter
hthe haccounting h scandals hof hthe hearly h2000s.
a. Defense hIndustry hInitiative hon hBusiness hEthics hand hConduct
b. Sarbanes-Oxley h Act
c. Federal hSentencing hGuidelines hfor hOrganizations
d. Foreign hCorrupt hPractices h Act
e. Dodd-Frank hWall hStreet hReform hand hConsumer hProtection hAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. h13
LEARNING hOBJECTIVES: h hLO: h1-2 h- hExamine hthe hhistorical hfoundations hand hevolution hof hbusiness hethics.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hKnowledge
4. The hterm hbusiness h ethics h is hbest hdescribed h by hthe hfollowing h statement:
a. It his hthe hstudy hand hphilosophy hof hhuman hconduct, hwith han hemphasis hon hdetermining hright hand hwrong.
b. It his han h"inquiry hinto hthe hnature hand hgrounds hof hmorality hwhere hthe hterm hmorality his htaken hto
hmean hmoral h judgments, hstandards hand hrules hof hconduct."
c. It his hthe h"study hof hthe hgeneral hnature hof hmorals hand hof hspecific hmoral hchoices; hmoral hphilosophy;
hand hthe hrules hor h standards hgoverning hthe hconduct hof hthe hmembers hof ha hprofession."
d. It his han horganization's hobligation hto hmaximize hits hpositive heffects hand hminimize hits hnegative
heffects hon h stakeholders.
e. It hcomprises hthe hprinciples, hvalues, hand hstandards hthat hguide hbehavior hin hthe hworld hof hbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. h5
LEARNING hOBJECTIVES: h LO: h1-1 h- hExplore hconceptualizations h of hbusiness hethics hfrom han
horganizational h perspective.
NATIONAL h STANDARDS: h h h United hStates h- hBUSPROG: h Ethics
STATE h STANDARDS: United hStates h- hNONE h- hDISC: hEthical hResponsibilities h - hEthical hResponsibilities
KEYWORDS: Blooms: hKnowledge
