Test Bank for Business A Changing World Canadian 6th Edition by
Ferrell IBSN 125910267x
,1) Business ethics refers to principles and standards that determine acceptable conduct in business
organizations.
Answer: True False
2) Social responsibility is another term for ethics.
Answer: True False
3) The Sarbanes-Oxley Act was designed to prevent the elimination of employee health benefits for all full
time workers in the United States.
Answer: True False
4) Nearly all business decisions may be judged as right or wrong, ethical or unethical.
Answer: True False
5) The most basic ethical concerns have been formalized through laws and regulations that encourage
conformity to society's values and norms.
Answer: True False
6) The Occupy Movement was considered a global protest against the private ownership of resources and
the resulting undermining of democracy.
Answer: True False
7) Business ethics are the same as legal issues.
Answer: True False
8) One of the principal causes of unethical behaviour in organizations is overly aggressive financial or
business objectives.
Answer: True False
9) Knowing the difference between right and wrong is universal and independent of cultural association.
Answer: True False
2
, SHORT ANSWER. Write the word or phrase that best completes each statement or answers the
question.
10) Only corporations have to worry about ethics scandals and social responsibility issues. Answer: False
11) An ethical issue is an identifiable problem, situation, or opportunity that requires a person or
organization to choose from among several actions that may be evaluated as ethical or unethical.
Answer: True
1
TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false.
12) One ofthe principal causes of unethical behaviour in organizations is overly aggressive financial or
business objectives.
Answer: True False
13) Thebest way to judge the ethics of a decision is to look at it from a manager's or employee's point of
view.
Answer: True False
14) Abusive or intimidating behaviour is the most common ethical problem for employees.
Answer: True False
15) Bullying is associated with a hostile workplace when someone considered a target is threatened,
harassed, belittled, or verbally abused or overly criticized.
Answer: True False
16) Bullyingmay create what some may call a hostile environment and has similar legal recourse to that of
sexual harassment.
Answer: True False
17) A bribe is considered as a conflict of interest.
Answer: True False
18) While large bribes are no longer considered acceptable, it still isn't clear about small bribes, often
referred to as "facilitation payments," that get people to perform their jobs.
Answer: True False
19) Another aspect of conflict of interest relates to disclosure of potential harm caused by product use.
Answer: True False
3
Ferrell IBSN 125910267x
,1) Business ethics refers to principles and standards that determine acceptable conduct in business
organizations.
Answer: True False
2) Social responsibility is another term for ethics.
Answer: True False
3) The Sarbanes-Oxley Act was designed to prevent the elimination of employee health benefits for all full
time workers in the United States.
Answer: True False
4) Nearly all business decisions may be judged as right or wrong, ethical or unethical.
Answer: True False
5) The most basic ethical concerns have been formalized through laws and regulations that encourage
conformity to society's values and norms.
Answer: True False
6) The Occupy Movement was considered a global protest against the private ownership of resources and
the resulting undermining of democracy.
Answer: True False
7) Business ethics are the same as legal issues.
Answer: True False
8) One of the principal causes of unethical behaviour in organizations is overly aggressive financial or
business objectives.
Answer: True False
9) Knowing the difference between right and wrong is universal and independent of cultural association.
Answer: True False
2
, SHORT ANSWER. Write the word or phrase that best completes each statement or answers the
question.
10) Only corporations have to worry about ethics scandals and social responsibility issues. Answer: False
11) An ethical issue is an identifiable problem, situation, or opportunity that requires a person or
organization to choose from among several actions that may be evaluated as ethical or unethical.
Answer: True
1
TRUE/FALSE. Write 'T' if the statement is true and 'F' if the statement is false.
12) One ofthe principal causes of unethical behaviour in organizations is overly aggressive financial or
business objectives.
Answer: True False
13) Thebest way to judge the ethics of a decision is to look at it from a manager's or employee's point of
view.
Answer: True False
14) Abusive or intimidating behaviour is the most common ethical problem for employees.
Answer: True False
15) Bullying is associated with a hostile workplace when someone considered a target is threatened,
harassed, belittled, or verbally abused or overly criticized.
Answer: True False
16) Bullyingmay create what some may call a hostile environment and has similar legal recourse to that of
sexual harassment.
Answer: True False
17) A bribe is considered as a conflict of interest.
Answer: True False
18) While large bribes are no longer considered acceptable, it still isn't clear about small bribes, often
referred to as "facilitation payments," that get people to perform their jobs.
Answer: True False
19) Another aspect of conflict of interest relates to disclosure of potential harm caused by product use.
Answer: True False
3
