BBA 350 Final Exam Practice Questions With
Verified Answers
Multinational and global organizations must not present a consistent face to their shareholders,
customers, and suppliers but instead must operate with a different value system in each country they
do business in.
False
The term ethics describes standards or codes of behavior expected of an individual by a group to
which the individual belongs.
True
The board of directors of an organization is normally responsible for day-to-day management and
operations of the organization.
False
The greater reliance of information systems in all aspects of life has decreased the risk that
information technology will be used unethically.
True
The virtues ethics approach to decision making focuses on how one should behave and think about
relationships if he or she is concerned with his or her daily life in the community.
True
An organization's mission statement highlights its key ethical issues and identifies the overarching
values and principles that are important to the organization and its decision making.
False
Consistency means that shareholders, customers, suppliers, and the community know what they can
expect of an organization - that it will behave in the future much as it has in the past.
True
A rapid increase in the appointment of corporate ethics officers typically follows:
the revelation of a major business scandal.
In a(n)_____, an organization reviews how well it is meeting its ethical and social responsibility goals,
and communicates its new goals for the upcoming year.
social audit
In a forprofit organization, it is the primary objective of the _____ to oversee the organization's
business activities and management for the benefit of shareholders, employees, customers, suppliers,
and the community.
board of directors
Someone who stands to gain or lose, depending on how a situation is resolved is called a ________.
stakeholder
, Which of the following steps in the decision-making process gathers and analyzes facts and also
identifies stakeholders affected by the decision?
Develop problem statement
Which of the following statements best describes a reason why organizations pursue corporate social
responsibility (CSR) goals and promote a work environment in which employees are encouraged to
act ethically when making business decisions?
To gain the goodwill of the community
______ had one of the lowest software piracy rates in 2011.
New Zealand
The Foreign Corrupt Practices Act is a legally binding global treaty to fight bribery and corruption.
False
From a legal perspective, there is both a reasonable person standard and a reasonable professional
standard to decide whether parties owe a duty of care.
True
The core body of knowledge for any profession outlines an agreed-upon code of ethics and practices
for those who practice in that profession.
False
The United States has adopted labor laws and regulations that require a more precise definition of
what is meant by a professional employee.
True
Currently no one IT professional organization has emerged as preeminent, so there is no universal
code of ethics for IT workers.
True
A bribe is a crime even if the payment was lawful under the laws of the foreign country in which it was
paid.
False
When the Business Software Alliance (BSA) finds cases of software piracy, it can assess heavy
monetary penalties.
True
A ______ states the principles and core values that are essential to the work of a particular
occupational group.
professional code of ethics
The ______ permits facilitating payments that are made for "routine government actions," such as
obtaining permits.
Verified Answers
Multinational and global organizations must not present a consistent face to their shareholders,
customers, and suppliers but instead must operate with a different value system in each country they
do business in.
False
The term ethics describes standards or codes of behavior expected of an individual by a group to
which the individual belongs.
True
The board of directors of an organization is normally responsible for day-to-day management and
operations of the organization.
False
The greater reliance of information systems in all aspects of life has decreased the risk that
information technology will be used unethically.
True
The virtues ethics approach to decision making focuses on how one should behave and think about
relationships if he or she is concerned with his or her daily life in the community.
True
An organization's mission statement highlights its key ethical issues and identifies the overarching
values and principles that are important to the organization and its decision making.
False
Consistency means that shareholders, customers, suppliers, and the community know what they can
expect of an organization - that it will behave in the future much as it has in the past.
True
A rapid increase in the appointment of corporate ethics officers typically follows:
the revelation of a major business scandal.
In a(n)_____, an organization reviews how well it is meeting its ethical and social responsibility goals,
and communicates its new goals for the upcoming year.
social audit
In a forprofit organization, it is the primary objective of the _____ to oversee the organization's
business activities and management for the benefit of shareholders, employees, customers, suppliers,
and the community.
board of directors
Someone who stands to gain or lose, depending on how a situation is resolved is called a ________.
stakeholder
, Which of the following steps in the decision-making process gathers and analyzes facts and also
identifies stakeholders affected by the decision?
Develop problem statement
Which of the following statements best describes a reason why organizations pursue corporate social
responsibility (CSR) goals and promote a work environment in which employees are encouraged to
act ethically when making business decisions?
To gain the goodwill of the community
______ had one of the lowest software piracy rates in 2011.
New Zealand
The Foreign Corrupt Practices Act is a legally binding global treaty to fight bribery and corruption.
False
From a legal perspective, there is both a reasonable person standard and a reasonable professional
standard to decide whether parties owe a duty of care.
True
The core body of knowledge for any profession outlines an agreed-upon code of ethics and practices
for those who practice in that profession.
False
The United States has adopted labor laws and regulations that require a more precise definition of
what is meant by a professional employee.
True
Currently no one IT professional organization has emerged as preeminent, so there is no universal
code of ethics for IT workers.
True
A bribe is a crime even if the payment was lawful under the laws of the foreign country in which it was
paid.
False
When the Business Software Alliance (BSA) finds cases of software piracy, it can assess heavy
monetary penalties.
True
A ______ states the principles and core values that are essential to the work of a particular
occupational group.
professional code of ethics
The ______ permits facilitating payments that are made for "routine government actions," such as
obtaining permits.
