The study of business ethics is important to better understand all of the following except
that a person's own moral philosophies and decision-
A making experiences may not be sufficient to guide him
or her in the business world.
B
how and why people make ethical or unethical
decisions.
how to cope with conflicts between a person's own
C values and those of the organization in which he or she
works.
D
that business ethics is merely an extension of an
individual's own personal ethics.
E
how to identify ethical issues that arise in the business
world.
Social responsibility is
an organization's obligation to maximize its positive
A effects and minimize its negative effects on
stakeholders.
B
principles and standards that guide behavior in the
world of business.
C
a business's responsibility not to pollute the
environment.
D
a business's responsibility to manufacture products that
function properly without harming consumers.
, E
charitable contributions made by a business to enhance
its image.
Which of the following was (were) developed in the 1980s to encourage corporate
support for ethical conduct by establishing a method for discussing "best practices?"
A Federal Sentencing Guidelines for Organizations
B
Defense Industry Initiative on Business Ethics and
Conduct
C Corporate Codes of Conduct
D United States Sentencing Commission
E MERCOSUR
The _______________ was (were) enacted to restore confidence in financial reporting and
business ethics after the accounting scandals of the early 2000s.
A
Defense Industry Initiative on Business Ethics and
Conduct
B Federal Sentencing Guidelines for Organizations
C Sarbanes-Oxley Act
D Foreign Corrupt Practices Act
, E Ferrell-Fraedrich Act
In the history of business ethics, the 1990s can best described as a time when business
ethics was
A formalized.
B consolidated.
C institutionalized.
D popularized.
E marginalized.
Which of the following is not one of the rewards for being ethical and socially responsible
in business?
A Greater employee commitment
B Greater employee turnover
C Improved customer trust and satisfaction
D Increased investor willingness to entrust funds
E Better financial performance
, When employees see honesty, respect, and trust applied frequently in the workplace,
they
A feel less pressure to compromise ethical standards.
B observe less misconduct.
C are more satisfied with their organizations overall.
D feel more valued as employees.
E All of these.
Most strong organizational climates focus on the value of placing _________ interests first.
A customers'
B employees'
C stockholders'
D suppliers'
E distributors'
To be successful, relationships with investors must rest on dependability, ________, and
commitment.
that a person's own moral philosophies and decision-
A making experiences may not be sufficient to guide him
or her in the business world.
B
how and why people make ethical or unethical
decisions.
how to cope with conflicts between a person's own
C values and those of the organization in which he or she
works.
D
that business ethics is merely an extension of an
individual's own personal ethics.
E
how to identify ethical issues that arise in the business
world.
Social responsibility is
an organization's obligation to maximize its positive
A effects and minimize its negative effects on
stakeholders.
B
principles and standards that guide behavior in the
world of business.
C
a business's responsibility not to pollute the
environment.
D
a business's responsibility to manufacture products that
function properly without harming consumers.
, E
charitable contributions made by a business to enhance
its image.
Which of the following was (were) developed in the 1980s to encourage corporate
support for ethical conduct by establishing a method for discussing "best practices?"
A Federal Sentencing Guidelines for Organizations
B
Defense Industry Initiative on Business Ethics and
Conduct
C Corporate Codes of Conduct
D United States Sentencing Commission
E MERCOSUR
The _______________ was (were) enacted to restore confidence in financial reporting and
business ethics after the accounting scandals of the early 2000s.
A
Defense Industry Initiative on Business Ethics and
Conduct
B Federal Sentencing Guidelines for Organizations
C Sarbanes-Oxley Act
D Foreign Corrupt Practices Act
, E Ferrell-Fraedrich Act
In the history of business ethics, the 1990s can best described as a time when business
ethics was
A formalized.
B consolidated.
C institutionalized.
D popularized.
E marginalized.
Which of the following is not one of the rewards for being ethical and socially responsible
in business?
A Greater employee commitment
B Greater employee turnover
C Improved customer trust and satisfaction
D Increased investor willingness to entrust funds
E Better financial performance
, When employees see honesty, respect, and trust applied frequently in the workplace,
they
A feel less pressure to compromise ethical standards.
B observe less misconduct.
C are more satisfied with their organizations overall.
D feel more valued as employees.
E All of these.
Most strong organizational climates focus on the value of placing _________ interests first.
A customers'
B employees'
C stockholders'
D suppliers'
E distributors'
To be successful, relationships with investors must rest on dependability, ________, and
commitment.
