BMAL 590 Business Ethics Exam with complete solution
The study of business ethics is important to better understand all of the following
EXCEPT
That business ethics is merely an extension of an individual's own personal ethics
Social responsibility is
An organization's obligation to maximize its positive effects and minimize its negative
effects on stakeholders
Which of the following was (were) developed in 1980s to encourage corporate
support for ethical conduct by establishing a method for discussing "best
practices?"
Defense Industry Initiative on Business Ethics and Conduct
The ________ was (were) enacted to restore confidence in financial reporting and
business ethics after the accounting scandals of the early 2000s
Sarbanes-Oxley Act
In the history of business ethics, the 1990s can be best described as a time when
business ethics was
Institutionalized
Which one of the following is not one of the rewards for being ethical and socially
responsible in business?
Greater employee turnover
When employees see honesty, respect, and trust applied frequently in the
workplace, they
All of these
Most strong organizational climates focus on the value of placing ________
interests first
customers'
To be successful, relationships with investors must rest on dependability,
_________, and commitment
Trust
The rise of consumerism occurred during the
1960s
Which of the following is the first step in the ethical decision-making process?
Recognizing that an issue requires an individual or work group to make a choice that
ultimately will be judged by stakeholders as right or wrong
Which of the following is not one of six "spheres of influence" to which
individuals are subject when confronted with an ethical issue?
Education
Which statement best describes the relationship between those who believe in
external control (externals) and those who believe in internal control (internals)?
Externals believe in going with the flow, while internals believe that they control events
in their lives by their own effort and skill
Obedience to authority is part of which of the following components of the ethical
decision-making framework?
Superiors
The study of business ethics is important to better understand all of the following
EXCEPT
That business ethics is merely an extension of an individual's own personal ethics
Social responsibility is
An organization's obligation to maximize its positive effects and minimize its negative
effects on stakeholders
Which of the following was (were) developed in 1980s to encourage corporate
support for ethical conduct by establishing a method for discussing "best
practices?"
Defense Industry Initiative on Business Ethics and Conduct
The ________ was (were) enacted to restore confidence in financial reporting and
business ethics after the accounting scandals of the early 2000s
Sarbanes-Oxley Act
In the history of business ethics, the 1990s can be best described as a time when
business ethics was
Institutionalized
Which one of the following is not one of the rewards for being ethical and socially
responsible in business?
Greater employee turnover
When employees see honesty, respect, and trust applied frequently in the
workplace, they
All of these
Most strong organizational climates focus on the value of placing ________
interests first
customers'
To be successful, relationships with investors must rest on dependability,
_________, and commitment
Trust
The rise of consumerism occurred during the
1960s
Which of the following is the first step in the ethical decision-making process?
Recognizing that an issue requires an individual or work group to make a choice that
ultimately will be judged by stakeholders as right or wrong
Which of the following is not one of six "spheres of influence" to which
individuals are subject when confronted with an ethical issue?
Education
Which statement best describes the relationship between those who believe in
external control (externals) and those who believe in internal control (internals)?
Externals believe in going with the flow, while internals believe that they control events
in their lives by their own effort and skill
Obedience to authority is part of which of the following components of the ethical
decision-making framework?
Superiors
