1. Ethics are beliefs about what is right and wrong.
*A) True
B) False
2. Business ethics refers to ethical or unethical behaviors by employees in the
context of their personal lives.
A) True
*B) False
3. The standards of behavior that guide managers in their work are called
employee ethics.
A) True
*B) False
4. Some ethical and unethical behaviors fall into gray areas while others are
widely agreed upon.
*A) True
B) False
5. A conflict of interest occurs when an activity may benefit the individual to the
detriment of his or her employer.
*A) True
B) False
1
,6. Accepting and offering bribes is a normal part of doing business in some parts
of the world.
*A) True
B) False
7. The proactive approach to social responsibility argues that profits should not be
spent on social programs.
A) True
*B) False
8. Ethical values do not vary from person to person.
A) True
*B) False
9. What constitutes ethical behavior is determined entirely by the individual.
A) True
*B) False
10. An individual's personal code of ethics is shaped by his or her life experiences.
*A) True
B) False
2
,11. Some actions may be illegal yet considered ethical.
A) True
*B) False
12. A manager who discriminates against African Americans in hiring exhibits both
unethical and illegal behavior.
*A) True
B) False
13. Most companies have policies that forbid buyers from accepting gifts from
suppliers.
*A) True
B) False
14. Ethical standards relating to business practices are fairly consistent around the
world.
A) True
*B) False
15. Most companies have concluded that ethics training programs are not
worthwhile.
A) True
*B) False
3
, 16. A business's social responsibility to investors includes following proper
accounting procedures.
*A) True
B) False
17. In the United States, there are increased expectations for a greater social role
for business.
*A) True
B) False
18. A company that does not act responsibly toward its customers may lose their
trust and ultimately their business.
*A) True
B) False
19. The best stance toward social responsibility a company can take is a proactive
one.
*A) True
B) False
4
*A) True
B) False
2. Business ethics refers to ethical or unethical behaviors by employees in the
context of their personal lives.
A) True
*B) False
3. The standards of behavior that guide managers in their work are called
employee ethics.
A) True
*B) False
4. Some ethical and unethical behaviors fall into gray areas while others are
widely agreed upon.
*A) True
B) False
5. A conflict of interest occurs when an activity may benefit the individual to the
detriment of his or her employer.
*A) True
B) False
1
,6. Accepting and offering bribes is a normal part of doing business in some parts
of the world.
*A) True
B) False
7. The proactive approach to social responsibility argues that profits should not be
spent on social programs.
A) True
*B) False
8. Ethical values do not vary from person to person.
A) True
*B) False
9. What constitutes ethical behavior is determined entirely by the individual.
A) True
*B) False
10. An individual's personal code of ethics is shaped by his or her life experiences.
*A) True
B) False
2
,11. Some actions may be illegal yet considered ethical.
A) True
*B) False
12. A manager who discriminates against African Americans in hiring exhibits both
unethical and illegal behavior.
*A) True
B) False
13. Most companies have policies that forbid buyers from accepting gifts from
suppliers.
*A) True
B) False
14. Ethical standards relating to business practices are fairly consistent around the
world.
A) True
*B) False
15. Most companies have concluded that ethics training programs are not
worthwhile.
A) True
*B) False
3
, 16. A business's social responsibility to investors includes following proper
accounting procedures.
*A) True
B) False
17. In the United States, there are increased expectations for a greater social role
for business.
*A) True
B) False
18. A company that does not act responsibly toward its customers may lose their
trust and ultimately their business.
*A) True
B) False
19. The best stance toward social responsibility a company can take is a proactive
one.
*A) True
B) False
4
