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Business Ethics Ethical Decision Making and Cases,
13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
,TABLE OF CONTENTS tq tq tq
Part 1: An Overview of Business Ethics
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1: The Importance of Business Ethics
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2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
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3: Sustainability: Ethical and Social Responsibility Dimensions
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Part 2: Ethical Issues and the Institutionalization of Business Ethics
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4: The Institutionalization of Business Ethics
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5: Emerging Business Ethics Issues
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Part 3: The Decision-Making Process
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6: Ethical Decision Making
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7: Individual Factors: Moral Philosophies and Values
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8: Organizational Factors: The Role of Ethical Culture and Relationships
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Part 4: Implementing Business Ethics in a Global Economy
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9: Developing and Implementing an Effective Ethics Program
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10: Global Business Ethics Issues
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11: Ethical Leadership
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12: Technology: Ethics and Social Responsibility Issues
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,1: The Importance of Business Ethics
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1. Principles are tq
a. laws and regulations that guide behavior in the world of business.
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b. mores, values, and customs that guide behavior in general.
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c. specific and pervasive boundaries for behavior that are universal and absolute.
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d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on sta
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keholders.
e. the mores, values, and customs that parents teach their children.
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ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5 tq
LEARNING OBJECTIVES: LO: 1-1 - tq t q tq tq
Explore conceptualizations of business ethics from an organizational perspective. tq tq tq tq tq tq tq tq tq
NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
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KEYWORDS: Blooms: Comprehension tq
2. Social responsibility is
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a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
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b. principles and standards that guide behavior in the world of business.
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c. a business's responsibility not to pollute the environment.
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d. a business's responsibility to manufacture products that function properly.
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e. charitable contributions made by a business to enhance its image.
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ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 tq
LEARNING OBJECTIVES: LO: 1-4 - tq t q tq tq
Gain insight into the extent of ethical misconduct in the workplace and the pressures for un tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq
ethical behavior. tq
NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
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KEYWORDS: Blooms: Knowledge tq
, 3. The tq
was/were enacted to restore confidence in financial reporting and business ethics after the accounting s
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candals of the early 2000s.
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a. Defense Industry Initiative on Business Ethics and Conduct
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b. Sarbanes-Oxley Act tq
c. Federal Sentencing Guidelines for Organizations
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d. Foreign Corrupt Practices Act tq tq tq
e. Dodd-Frank Wall Street Reform and Consumer Protection Act
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ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 13 tq
LEARNING OBJECTIVES: tq t q LO: 1-2 - Examine the historical foundations and evolution of business ethics.
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NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: tq United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities tq tq tq tq tq tq tq tq tq tq
KEYWORDS: Blooms: Knowledge tq
4. The term business ethics is best described by the following statement:
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a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.
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b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral ju
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dgments, standards and rules of conduct."tq tq tq tq tq
c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or
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standards governing the conduct of the members of a profession."
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d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on sta
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keholders.
e. It comprises the principles, values, and standards that guide behavior in the world of business.
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ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 5 tq
LEARNING OBJECTIVES: LO: 1-1 - tq t q tq tq
Explore conceptualizations of business ethics from an organizational perspective. tq tq tq tq tq tq tq tq tq
NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: tq United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities tq tq tq tq tq tq tq tq tq tq
KEYWORDS: Blooms: Knowledge tq
Business Ethics Ethical Decision Making and Cases,
13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
,TABLE OF CONTENTS tq tq tq
Part 1: An Overview of Business Ethics
tq tq tq tq tq tq
1: The Importance of Business Ethics
tq tq tq tq tq
2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
tq tq tq tq tq tq tq
3: Sustainability: Ethical and Social Responsibility Dimensions
tq tq tq tq tq tq
Part 2: Ethical Issues and the Institutionalization of Business Ethics
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4: The Institutionalization of Business Ethics
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5: Emerging Business Ethics Issues
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Part 3: The Decision-Making Process
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6: Ethical Decision Making
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7: Individual Factors: Moral Philosophies and Values
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8: Organizational Factors: The Role of Ethical Culture and Relationships
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Part 4: Implementing Business Ethics in a Global Economy
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9: Developing and Implementing an Effective Ethics Program
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10: Global Business Ethics Issues
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11: Ethical Leadership
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12: Technology: Ethics and Social Responsibility Issues
tq tq tq tq tq tq
,1: The Importance of Business Ethics
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1. Principles are tq
a. laws and regulations that guide behavior in the world of business.
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b. mores, values, and customs that guide behavior in general.
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c. specific and pervasive boundaries for behavior that are universal and absolute.
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d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on sta
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keholders.
e. the mores, values, and customs that parents teach their children.
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ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5 tq
LEARNING OBJECTIVES: LO: 1-1 - tq t q tq tq
Explore conceptualizations of business ethics from an organizational perspective. tq tq tq tq tq tq tq tq tq
NATIONAL STANDARDS: United States - BUSPROG: Ethics
tq t q t q tq tq tq tq
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
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KEYWORDS: Blooms: Comprehension tq
2. Social responsibility is
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a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
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b. principles and standards that guide behavior in the world of business.
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c. a business's responsibility not to pollute the environment.
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d. a business's responsibility to manufacture products that function properly.
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e. charitable contributions made by a business to enhance its image.
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ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 tq
LEARNING OBJECTIVES: LO: 1-4 - tq t q tq tq
Gain insight into the extent of ethical misconduct in the workplace and the pressures for un tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq
ethical behavior. tq
NATIONAL STANDARDS: United States - BUSPROG: Ethics
tq t q t q tq tq tq tq
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
tq tq tq tq tq tq tq tq tq tq tq
KEYWORDS: Blooms: Knowledge tq
, 3. The tq
was/were enacted to restore confidence in financial reporting and business ethics after the accounting s
tq tq tq tq tq tq tq tq tq tq tq tq tq tq
candals of the early 2000s.
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a. Defense Industry Initiative on Business Ethics and Conduct
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b. Sarbanes-Oxley Act tq
c. Federal Sentencing Guidelines for Organizations
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d. Foreign Corrupt Practices Act tq tq tq
e. Dodd-Frank Wall Street Reform and Consumer Protection Act
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ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 13 tq
LEARNING OBJECTIVES: tq t q LO: 1-2 - Examine the historical foundations and evolution of business ethics.
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NATIONAL STANDARDS: United States - BUSPROG: Ethics
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STATE STANDARDS: tq United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities tq tq tq tq tq tq tq tq tq tq
KEYWORDS: Blooms: Knowledge tq
4. The term business ethics is best described by the following statement:
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a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.
tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq
b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral ju
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dgments, standards and rules of conduct."tq tq tq tq tq
c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or
tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq
standards governing the conduct of the members of a profession."
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d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on sta
tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq tq
keholders.
e. It comprises the principles, values, and standards that guide behavior in the world of business.
tq tq tq tq tq tq tq tq tq tq tq tq tq tq
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 5 tq
LEARNING OBJECTIVES: LO: 1-1 - tq t q tq tq
Explore conceptualizations of business ethics from an organizational perspective. tq tq tq tq tq tq tq tq tq
NATIONAL STANDARDS: United States - BUSPROG: Ethics
tq t q t q tq tq tq tq
STATE STANDARDS: tq United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities tq tq tq tq tq tq tq tq tq tq
KEYWORDS: Blooms: Knowledge tq
