TEST BANK
Business Ethics: Case Studies and Selected Readings | 8th Edition
By Marianne M. Jennings
LU
XE
LI
BR
AR
Y
, TABLE OF CONTENT
Unit 1: Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of Ethical
Dilemmas
Unit 2: Solving Ethical Dilemmas and Personal Introspection
Unit 3: Business, Stakeholders, Social Responsibility, and Sustainability
Unit 4: Ethics and Company Culture
LU
Unit 5: Ethics and Contracts
Unit 6: Ethics in International Business
XE
Unit 7: Ethics, Business Operations, and Rights
Unit 8: Ethics and Products
Unit 9: Ethics and Competition
LI
BR
AR
Y
, kjhgfdjhgfd
TEST BANK
UNIT ONE – ETHICAL THEORY, PHILOSOPHICAL
FOUNDATIONS,
OUR REASONING FLAWS, AND TYPES OF ETHICAL
DILEMMAS
LU
True/False Questions
F 1. A credo consists of how you define yourself by job title and income.
T 2. Part of a credo includes a list of lines you would never cross to be successful.
XE
T 3. An ethical breach is not necessarily a violation of the law.
T 4. Unwritten rules of conduct are part of our normative standards.
F 5. Self-interest is the same as selfishness.
LI
F 6. Ethical egoism is selfishness.
F 7. Kant would label paying lower wages in developing countries than the wages paid in
developed economies as unethical.
BR
F 8. Kant is part of the utilitarian school of thought on ethics.
T 9. Kant and Rand do not agree on the importance of self-interest in ethical theory.
T 10. Locke and Rawls develop their ethical theory on the basis of a tabula rasa.
T 11. Locke and Rawls are contractarians.
AR
F 12. The Rights Theory is generally associated with Plato and Aristotle.
F 13. Robert Nozick is the leading thinker for utilitarianism.
T 14. Third-trimester abortions would be supported under a Rights Theory.
T 15. Robert Solomon is a proponent of virtue ethics.
Y
F 16. “It’s a gray area,” is an example of ethical analysis.
T 17. “We all don’t share the same ethics” fails to consider common values that do exist in
business.
T 18. Hank Greenberg’s ability to find a way around rules was evident from his conduct as a
soldier in London.
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, kjhgfdjhgfd
T 19. Hank Greenberg was ousted from his position as CEO of AIG.
T 20. Laura Nash provides tools for examining how a company got into an ethical dilemma.
T 21. It is not plagiarism to use facts obtained from several sources that are footnoted or listed
as sources.
T 22. It is plagiarism to rewrite the phrasing of another source and not use quotes or a footnote.
F 23. A conflict of interest is unethical only if those involved actually change their decision
based on the benefits to be derived.
LU
T 24. An illegal act is an unethical act.
T 25. Using positive law as an ethical standard means simply compliance with the law.
T 26. The element of balance in the Blanchard/Peale ethical model requires an examination of
the issue from the perspective of the affected party.
XE
T 27. A valid ethical barometer is the reaction of family and friends outside the business setting
to your proposed decision.
F 28. An agreement by an agent to accept a 10% commission from a seller who will sell goods
to the agent’s employer is ethical so long as the agent would have chosen that seller
anyway.
LI
T 29. A real estate agent who recommends a management firm to an apartment complex buyer
without disclosing that the agent owns 50% of the firm has committed an ethical violation.
F 30. A commercial broker who accepts fees from both the seller and the buyer of the business
without disclosure to either has not committed an ethical violation if both parties are
BR
happy with the transaction.
T 31. A member of the city council who is employed by a waste management firm would have a
conflict of interest in voting on the city’s award of a contract for the handling of the city’s
waste.
F 32. A physician conducting a study on a new prescription drug manufactured by a firm in
AR
which he is a 10% shareholder does not have a conflict of interest so long as his stock
ownership is disclosed in his report on the drug.
T 33. A physical fitness expert retained by a fitness magazine to evaluate walking shoes has a
conflict of interest if she has an endorsement contract with one of the shoe companies
that manufactures the shoes she will be evaluating.
F 34. Giving preferential treatment in contract bidding to the daughter of a member of the
Y
company board is not a conflict of interest.
F 35. A major donation by one of your long-term suppliers to a non-profit organization run by
your spouse should not create perception problems so long as your purchasing decisions
are based on the merits.
F 36. Having loan applicants pay for the expenses of bank officer travel for purposes of
evaluating collateral is not a conflict of interest.
kjhgfdsa
Business Ethics: Case Studies and Selected Readings | 8th Edition
By Marianne M. Jennings
LU
XE
LI
BR
AR
Y
, TABLE OF CONTENT
Unit 1: Ethical Theory, Philosophical Foundations, Our Reasoning Flaws, and Types of Ethical
Dilemmas
Unit 2: Solving Ethical Dilemmas and Personal Introspection
Unit 3: Business, Stakeholders, Social Responsibility, and Sustainability
Unit 4: Ethics and Company Culture
LU
Unit 5: Ethics and Contracts
Unit 6: Ethics in International Business
XE
Unit 7: Ethics, Business Operations, and Rights
Unit 8: Ethics and Products
Unit 9: Ethics and Competition
LI
BR
AR
Y
, kjhgfdjhgfd
TEST BANK
UNIT ONE – ETHICAL THEORY, PHILOSOPHICAL
FOUNDATIONS,
OUR REASONING FLAWS, AND TYPES OF ETHICAL
DILEMMAS
LU
True/False Questions
F 1. A credo consists of how you define yourself by job title and income.
T 2. Part of a credo includes a list of lines you would never cross to be successful.
XE
T 3. An ethical breach is not necessarily a violation of the law.
T 4. Unwritten rules of conduct are part of our normative standards.
F 5. Self-interest is the same as selfishness.
LI
F 6. Ethical egoism is selfishness.
F 7. Kant would label paying lower wages in developing countries than the wages paid in
developed economies as unethical.
BR
F 8. Kant is part of the utilitarian school of thought on ethics.
T 9. Kant and Rand do not agree on the importance of self-interest in ethical theory.
T 10. Locke and Rawls develop their ethical theory on the basis of a tabula rasa.
T 11. Locke and Rawls are contractarians.
AR
F 12. The Rights Theory is generally associated with Plato and Aristotle.
F 13. Robert Nozick is the leading thinker for utilitarianism.
T 14. Third-trimester abortions would be supported under a Rights Theory.
T 15. Robert Solomon is a proponent of virtue ethics.
Y
F 16. “It’s a gray area,” is an example of ethical analysis.
T 17. “We all don’t share the same ethics” fails to consider common values that do exist in
business.
T 18. Hank Greenberg’s ability to find a way around rules was evident from his conduct as a
soldier in London.
kjhgfdsa
, kjhgfdjhgfd
T 19. Hank Greenberg was ousted from his position as CEO of AIG.
T 20. Laura Nash provides tools for examining how a company got into an ethical dilemma.
T 21. It is not plagiarism to use facts obtained from several sources that are footnoted or listed
as sources.
T 22. It is plagiarism to rewrite the phrasing of another source and not use quotes or a footnote.
F 23. A conflict of interest is unethical only if those involved actually change their decision
based on the benefits to be derived.
LU
T 24. An illegal act is an unethical act.
T 25. Using positive law as an ethical standard means simply compliance with the law.
T 26. The element of balance in the Blanchard/Peale ethical model requires an examination of
the issue from the perspective of the affected party.
XE
T 27. A valid ethical barometer is the reaction of family and friends outside the business setting
to your proposed decision.
F 28. An agreement by an agent to accept a 10% commission from a seller who will sell goods
to the agent’s employer is ethical so long as the agent would have chosen that seller
anyway.
LI
T 29. A real estate agent who recommends a management firm to an apartment complex buyer
without disclosing that the agent owns 50% of the firm has committed an ethical violation.
F 30. A commercial broker who accepts fees from both the seller and the buyer of the business
without disclosure to either has not committed an ethical violation if both parties are
BR
happy with the transaction.
T 31. A member of the city council who is employed by a waste management firm would have a
conflict of interest in voting on the city’s award of a contract for the handling of the city’s
waste.
F 32. A physician conducting a study on a new prescription drug manufactured by a firm in
AR
which he is a 10% shareholder does not have a conflict of interest so long as his stock
ownership is disclosed in his report on the drug.
T 33. A physical fitness expert retained by a fitness magazine to evaluate walking shoes has a
conflict of interest if she has an endorsement contract with one of the shoe companies
that manufactures the shoes she will be evaluating.
F 34. Giving preferential treatment in contract bidding to the daughter of a member of the
Y
company board is not a conflict of interest.
F 35. A major donation by one of your long-term suppliers to a non-profit organization run by
your spouse should not create perception problems so long as your purchasing decisions
are based on the merits.
F 36. Having loan applicants pay for the expenses of bank officer travel for purposes of
evaluating collateral is not a conflict of interest.
kjhgfdsa
