BUSINESS ETHICS FERRELL FRAEDRICH
FINAL STUDY GUIDE 2026 QUESTIONS
WITH ANSWERS GRADED A+
⩥ Corporate culture without values and appropriate communication
about ethics can facilitate individual misconduct. Answer: -Ethical
corporate culture does not evolve, but requires ethical polices
-Implementing a corporate ethics program promotes the corporation as a
moral agent
⩥ Most Common Observed
Forms of Misconduct. Answer: Personal business on company time
Abusive behavior
Lying to employees
Discrimination
Health/Safety violations
Company resource abuse
Internet abuse
⩥ The Need for Organizational Ethics Programs. Answer: It is nearly
impossible to know all relevant laws
-Ethics programs increase ethical awareness
, ⩥ The Need for Organizational Ethics Programs. Answer: Established
ethics programs help employees determine what behaviors are
acceptable
-Top management must integrate these codes, values and standards into
the corporate culture
⩥ The Need for Organizational Ethics Programs. Answer: Organizations
can become bad barrels
-Pressures to succeed create opportunities rewarding unethical decisions
⩥ A strong ethics program includes. Answer: -Written codes of conduct
-Ethics officers to oversee the program
-Careful delegation of authority
-Formal ethics training
-Rigorous auditing, monitoring, enforcement, and revision of program
standards.
⩥ An Effective Ethics Program. Answer: Effective ethics program
ensure that all employees understand and comply with the ethical culture
-Cannot assume employees know how to behave when entering a new
job
-Ethics programs act as important deterrents to organizational
misconduct
FINAL STUDY GUIDE 2026 QUESTIONS
WITH ANSWERS GRADED A+
⩥ Corporate culture without values and appropriate communication
about ethics can facilitate individual misconduct. Answer: -Ethical
corporate culture does not evolve, but requires ethical polices
-Implementing a corporate ethics program promotes the corporation as a
moral agent
⩥ Most Common Observed
Forms of Misconduct. Answer: Personal business on company time
Abusive behavior
Lying to employees
Discrimination
Health/Safety violations
Company resource abuse
Internet abuse
⩥ The Need for Organizational Ethics Programs. Answer: It is nearly
impossible to know all relevant laws
-Ethics programs increase ethical awareness
, ⩥ The Need for Organizational Ethics Programs. Answer: Established
ethics programs help employees determine what behaviors are
acceptable
-Top management must integrate these codes, values and standards into
the corporate culture
⩥ The Need for Organizational Ethics Programs. Answer: Organizations
can become bad barrels
-Pressures to succeed create opportunities rewarding unethical decisions
⩥ A strong ethics program includes. Answer: -Written codes of conduct
-Ethics officers to oversee the program
-Careful delegation of authority
-Formal ethics training
-Rigorous auditing, monitoring, enforcement, and revision of program
standards.
⩥ An Effective Ethics Program. Answer: Effective ethics program
ensure that all employees understand and comply with the ethical culture
-Cannot assume employees know how to behave when entering a new
job
-Ethics programs act as important deterrents to organizational
misconduct
