BUSINESS ETHICS FINAL EXAM
2025/2026 BANK QUESTIONS WITH
DETAILED ANSWERS WITH STUDY
GUIDE EXPERT VERIFIED FOR
GUARANTEED PASS/ALREADY
GRADED A+
Which of the following describes an inbound sales channel?
- ....ANSWER...Taking care of customer complaints and
the selling of products to customers who call in to the
company.
What type of liability implies that a party may be held
responsible for injury or damage even thought it was not
actively involved in the incident? -
....ANSWER...Vicarious
_____ implies employer liability for Internet
communication behavior is the same as liability for
communication written out on company letterhead. -
....ANSWER...Cyber-liability
,Which of the following is NOT a commandment of
computer ethics? - ....ANSWER...Thou shalt not use a
computer for financial gains.
_____ nations are countries that enjoy a high standard of
living as measured by economic, social, and technological
criteria. - ....ANSWER...Developed
A _____ is a country that lacks a high standard of
economic, social, and technological infrastructure. -
....ANSWER...Less-developed nation
The term globalization has applications in all of the
following, EXCEPT ______. - ....ANSWER...Legal
environment
Multinational corporations are also referred to as ____. -
....ANSWER...Transnational corporations
_____ is where a person defines his or her ethical principles
according to traditions of society, personal opinions, and
,the circumstances of the present moment. -
....ANSWER...Ethical relativism
Which of the following is NOT a guideline offered by
Richard DeGeorge? - ....ANSWER...Seek an economic
profit without breaking local laws
Richard DeGeorge's guidelines present a _____. -
....ANSWER...Ethical ideal
The _____ is a general standard of business practice that
applies equally to all countries over and above their local
customs and social norms. - ....ANSWER...Global code of
ethics
American corporations are accountable for ethical conduct
in their home country under the - ....ANSWER...Foreign
Corrupt Practices Act
In ____ the UN Global Compact became operational. -
....ANSWER...2003
, Voluntary corporate citizenship initiative endorsing 10
key principles based on the environment, anti corruption,
the welfare of workers around the world, and global
human rights. - ....ANSWER...Global Compact
The ___ represents a more government approach to the
same issues featured in the UN's nongovernmental Global
Compact. - ....ANSWER...OECD Guidelines for
Multinational Enterprises
Which of the following is NOT a characteristic of the
market? - ....ANSWER...Patient stockholders
Which of the following is NOT a stage in creating a long-
lasting ethical culture? - ....ANSWER...Follow the
competitors
A well written code of ethics can do all the following
EXCEPT: - ....ANSWER...It can establish a detailed
guide to unacceptable behavior
2025/2026 BANK QUESTIONS WITH
DETAILED ANSWERS WITH STUDY
GUIDE EXPERT VERIFIED FOR
GUARANTEED PASS/ALREADY
GRADED A+
Which of the following describes an inbound sales channel?
- ....ANSWER...Taking care of customer complaints and
the selling of products to customers who call in to the
company.
What type of liability implies that a party may be held
responsible for injury or damage even thought it was not
actively involved in the incident? -
....ANSWER...Vicarious
_____ implies employer liability for Internet
communication behavior is the same as liability for
communication written out on company letterhead. -
....ANSWER...Cyber-liability
,Which of the following is NOT a commandment of
computer ethics? - ....ANSWER...Thou shalt not use a
computer for financial gains.
_____ nations are countries that enjoy a high standard of
living as measured by economic, social, and technological
criteria. - ....ANSWER...Developed
A _____ is a country that lacks a high standard of
economic, social, and technological infrastructure. -
....ANSWER...Less-developed nation
The term globalization has applications in all of the
following, EXCEPT ______. - ....ANSWER...Legal
environment
Multinational corporations are also referred to as ____. -
....ANSWER...Transnational corporations
_____ is where a person defines his or her ethical principles
according to traditions of society, personal opinions, and
,the circumstances of the present moment. -
....ANSWER...Ethical relativism
Which of the following is NOT a guideline offered by
Richard DeGeorge? - ....ANSWER...Seek an economic
profit without breaking local laws
Richard DeGeorge's guidelines present a _____. -
....ANSWER...Ethical ideal
The _____ is a general standard of business practice that
applies equally to all countries over and above their local
customs and social norms. - ....ANSWER...Global code of
ethics
American corporations are accountable for ethical conduct
in their home country under the - ....ANSWER...Foreign
Corrupt Practices Act
In ____ the UN Global Compact became operational. -
....ANSWER...2003
, Voluntary corporate citizenship initiative endorsing 10
key principles based on the environment, anti corruption,
the welfare of workers around the world, and global
human rights. - ....ANSWER...Global Compact
The ___ represents a more government approach to the
same issues featured in the UN's nongovernmental Global
Compact. - ....ANSWER...OECD Guidelines for
Multinational Enterprises
Which of the following is NOT a characteristic of the
market? - ....ANSWER...Patient stockholders
Which of the following is NOT a stage in creating a long-
lasting ethical culture? - ....ANSWER...Follow the
competitors
A well written code of ethics can do all the following
EXCEPT: - ....ANSWER...It can establish a detailed
guide to unacceptable behavior
