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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
Part 1: An Overview of Business Ethics 1: The
Importance of Business Ethics
2: Stakeholder Relationships, Social Responsibility, and Corporate Governance 3: Sustainability: Ethical
and Social Responsibility Dimensions
Part 2: Ethical Issues and the Institutionalization of Business Ethics 4: The Institutionalization
of Business Ethics
5: Emerging Business Ethics Issues Part 3: The
Decision-Making Process 6: Ethical Decision
Making
7: Individual Factors: Moral Philosophies and Values
8: Organizational Factors: The Role of Ethical Culture and Relationships Part 4: Implementing
Business Ethics in a Global Economy
9: Developing and Implementing an Effective Ethics Program 10: Global Business
Ethics Issues
11: Ethical Leadership
12: Technology: Ethics and Social Responsibility Issues
,1: The Importance of Business Ethics
1. Principles are
a. laws and regulations that guide behavior in the world of business.
b. mores, values, and customs that guide behavior qin qgeneral.
c. specific qand qpervasive qboundaries qfor qbehavior qthat qare quniversal qand qabsolute.
d. the qobligations qbusinesses qassume qto qmaximize qtheir qpositive qimpact qand qminimize qtheir
qnegative qimpact qon q stakeholders.
e. the qmores, qvalues, qand qcustoms qthat qparents qteach qtheir qchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. q5
LEARNING qOBJECTIVES:q LO: q1-1 q- qExplore qconceptualizations q of qbusiness qethics qfrom qan
qorganizational q perspective.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qComprehension
2. Social qresponsibility qis
a. an qorganization's q obligation qto qmaximize qits qpositive qeffects qand qminimize qits qnegative qeffects qon
qstakeholders.
b. principles qand qstandards qthat qguide qbehavior qin qthe qworld qof qbusiness.
c. a qbusiness's qresponsibility q not qto qpollute qthe qenvironment.
d. a qbusiness's qresponsibility qto qmanufacture qproducts qthat qfunction qproperly.
e. charitable qcontributions qmade qby qa qbusiness qto qenhance qits qimage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. q23
LEARNING q OBJECTIVES: q q LO: q1-4 q- qGain qinsight qinto qthe qextent qof qethical qmisconduct qin qthe
qworkplace qand qthe q pressures qfor qunethical qbehavior.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qKnowledge
, 3. The was/were qenacted qto qrestore qconfidence qin qfinancial qreporting qand qbusiness qethics
qafter qthe qaccounting q scandals qof qthe qearly q2000s.
a. Defense qIndustry qInitiative qon qBusiness qEthics qand qConduct
b. Sarbanes-Oxley q Act
c. Federal qSentencing qGuidelines qfor qOrganizations
d. Foreign qCorrupt qPractices q Act
e. Dodd-Frank qWall qStreet qReform qand qConsumer qProtection qAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. q13
LEARNING qOBJECTIVES: q qLO: q1-2 q- qExamine qthe qhistorical qfoundations qand qevolution qof qbusiness
qethics.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qKnowledge
4. The qterm qbusiness q ethics q is qbest qdescribed q by qthe qfollowing q statement:
a. It qis qthe qstudy qand qphilosophy qof qhuman qconduct, qwith qan qemphasis qon qdetermining qright qand
qwrong.
b. It qis qan q"inquiry qinto qthe qnature qand qgrounds qof qmorality qwhere qthe qterm qmorality qis
qtaken qto qmean qmoral q judgments, qstandards qand qrules qof qconduct."
c. It qis qthe q"study qof qthe qgeneral qnature qof qmorals qand qof qspecific qmoral qchoices; qmoral
qphilosophy; qand qthe qrules qor q standards qgoverning qthe qconduct qof qthe qmembers qof qa
qprofession."
d. It qis qan qorganization's qobligation qto qmaximize qits qpositive qeffects qand qminimize qits
qnegative qeffects qon q stakeholders.
e. It qcomprises qthe qprinciples, qvalues, qand qstandards qthat qguide qbehavior qin qthe qworld qof qbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. q5
LEARNING qOBJECTIVES:q LO: q1-1 q- qExplore qconceptualizations q of qbusiness qethics qfrom qan
qorganizational q perspective.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qKnowledge
Business Ethics Ethical Decision Making and Cases, 13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
,TABLE OF CONTENTS
Part 1: An Overview of Business Ethics 1: The
Importance of Business Ethics
2: Stakeholder Relationships, Social Responsibility, and Corporate Governance 3: Sustainability: Ethical
and Social Responsibility Dimensions
Part 2: Ethical Issues and the Institutionalization of Business Ethics 4: The Institutionalization
of Business Ethics
5: Emerging Business Ethics Issues Part 3: The
Decision-Making Process 6: Ethical Decision
Making
7: Individual Factors: Moral Philosophies and Values
8: Organizational Factors: The Role of Ethical Culture and Relationships Part 4: Implementing
Business Ethics in a Global Economy
9: Developing and Implementing an Effective Ethics Program 10: Global Business
Ethics Issues
11: Ethical Leadership
12: Technology: Ethics and Social Responsibility Issues
,1: The Importance of Business Ethics
1. Principles are
a. laws and regulations that guide behavior in the world of business.
b. mores, values, and customs that guide behavior qin qgeneral.
c. specific qand qpervasive qboundaries qfor qbehavior qthat qare quniversal qand qabsolute.
d. the qobligations qbusinesses qassume qto qmaximize qtheir qpositive qimpact qand qminimize qtheir
qnegative qimpact qon q stakeholders.
e. the qmores, qvalues, qand qcustoms qthat qparents qteach qtheir qchildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. q5
LEARNING qOBJECTIVES:q LO: q1-1 q- qExplore qconceptualizations q of qbusiness qethics qfrom qan
qorganizational q perspective.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qComprehension
2. Social qresponsibility qis
a. an qorganization's q obligation qto qmaximize qits qpositive qeffects qand qminimize qits qnegative qeffects qon
qstakeholders.
b. principles qand qstandards qthat qguide qbehavior qin qthe qworld qof qbusiness.
c. a qbusiness's qresponsibility q not qto qpollute qthe qenvironment.
d. a qbusiness's qresponsibility qto qmanufacture qproducts qthat qfunction qproperly.
e. charitable qcontributions qmade qby qa qbusiness qto qenhance qits qimage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. q23
LEARNING q OBJECTIVES: q q LO: q1-4 q- qGain qinsight qinto qthe qextent qof qethical qmisconduct qin qthe
qworkplace qand qthe q pressures qfor qunethical qbehavior.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qKnowledge
, 3. The was/were qenacted qto qrestore qconfidence qin qfinancial qreporting qand qbusiness qethics
qafter qthe qaccounting q scandals qof qthe qearly q2000s.
a. Defense qIndustry qInitiative qon qBusiness qEthics qand qConduct
b. Sarbanes-Oxley q Act
c. Federal qSentencing qGuidelines qfor qOrganizations
d. Foreign qCorrupt qPractices q Act
e. Dodd-Frank qWall qStreet qReform qand qConsumer qProtection qAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. q13
LEARNING qOBJECTIVES: q qLO: q1-2 q- qExamine qthe qhistorical qfoundations qand qevolution qof qbusiness
qethics.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qKnowledge
4. The qterm qbusiness q ethics q is qbest qdescribed q by qthe qfollowing q statement:
a. It qis qthe qstudy qand qphilosophy qof qhuman qconduct, qwith qan qemphasis qon qdetermining qright qand
qwrong.
b. It qis qan q"inquiry qinto qthe qnature qand qgrounds qof qmorality qwhere qthe qterm qmorality qis
qtaken qto qmean qmoral q judgments, qstandards qand qrules qof qconduct."
c. It qis qthe q"study qof qthe qgeneral qnature qof qmorals qand qof qspecific qmoral qchoices; qmoral
qphilosophy; qand qthe qrules qor q standards qgoverning qthe qconduct qof qthe qmembers qof qa
qprofession."
d. It qis qan qorganization's qobligation qto qmaximize qits qpositive qeffects qand qminimize qits
qnegative qeffects qon q stakeholders.
e. It qcomprises qthe qprinciples, qvalues, qand qstandards qthat qguide qbehavior qin qthe qworld qof qbusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. q5
LEARNING qOBJECTIVES:q LO: q1-1 q- qExplore qconceptualizations q of qbusiness qethics qfrom qan
qorganizational q perspective.
NATIONAL q STANDARDS: q q q United qStates q- qBUSPROG: q Ethics
STATE q STANDARDS: United qStates q- qNONE q- qDISC: qEthical qResponsibilities q - qEthical
qResponsibilities
KEYWORDS: Blooms: qKnowledge
