Test Bank for Business ethics ethical decision making and cases 10th edition by O C Ferrell and Fraedrich Chapters 1-20 Covered 2

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b b b b b b b b b b b b

3th Edition Ferrell b b
Chapterb01:bThebImportancebofbBusinessbEthics
1. Corporatebsocialbresponsibilitybisbdefinedbasbwhichbofbthebfollowing?
a. Anborganization’sbobligationbtobmaximizebitsbpositivebeffectsbandbminimizebitsbnegativebeffectsbonbstakeholders
b. Principles,bvalues,bandbnormsbthatbprimarilybguidebindividualbandbgroupbbehaviorbinbthebworldbofbbusiness
c. Thebinstitutionalizationbofbbusinessbethicsbintoballblevelsbofbbusinessbdecisionbmaking
d. Abbusiness’sbresponsibilitybtobmanufacturebproductsbthatbfunctionbproperly
e. Charitablebcontributionsbmadebbybabbusinessbtobenhancebitsbreputationbwithbstakeholders
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-3bThebDevelopmentbofbBusinessbEthics
QUESTIONbTYPE: MultiplebChoice
HASbVARIABLES: False
LEARNINGbOBJECTIVES:b BE.FERR.13.ChO.01.02b-
bExaminebthebhistoricalbfoundationsbandbevolutionbofbbusinessbethics


NATIONALbSTANDARDS:b UnitedbStatesb-bBUSPROG:bEthicsb-bEthics
STATEbSTANDARDS: UnitedbStatesb-bNoneb-bDISC:bEthicalbResponsibilitiesb-bEthicalbResponsibilities
DATEbCREATED: 8/3/2021b10:08bAM
DATEbMODIFIED: 8/3/2021b10:21bAM

2. Afterbthebaccountingbscandalsbofbthebearlyb2000s,bwhichbofbthebfollowingbwas/werebenactedbtobrestorebconfidencebinbf
inancialbreportingbandbbusinessbethics?
a. DefensebIndustrybInitiativebonbBusinessbEthicsbandbConduct
b. Sarbanes-OxleybAct
c. FederalbSentencingbGuidelinesbforbOrganizations
d. ForeignbCorruptbPracticesbAct
e. Dodd-FrankbWallbStreetbReformbandbConsumerbProtectionbAct
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: 1-3bThebDevelopmentbofbBusinessbEthics
QUESTIONbTYPE: MultiplebChoice
HASbVARIABLES: False
LEARNINGbOBJECTIVES:b BE.FERR.13.ChO.01.02b-
bExaminebthebhistoricalbfoundationsbandbevolutionbofbbusinessbethics


NATIONALbSTANDARDS:b UnitedbStatesb-bBUSPROG:bEthicsb-bEthics
STATEbSTANDARDS: UnitedbStatesb-bNoneb-bDISC:bEthicalbResponsibilitiesb-bEthicalbResponsibilities
DATEbCREATED: 8/3/2021b10:22bAM
DATEbMODIFIED: 8/3/2021b10:30bAM

3. WhichbofbthebfollowingbisbonebofbthebrightsbspelledboutbbybJohnbF.bKennedybinbhisb“Consumers’bBillbofbRights”?
a. Thebrightbtobconsumerism
b. Thebrightbtobsafety
c. Thebrightbtobbebprotected
d. Thebrightbtobbebethical

CopyrightbCengagebLearning.bPoweredbbybCognero. Pageb1


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,DOWNLOAD THE Test Bank for Business Ethics Ethical Decision Making and Cases 1
b b b b b b b b b b b b

3th Edition Ferrell b b

e. Thebrightbtobbebheard
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-3bThebDevelopmentbofbBusinessbEthics
QUESTIONbTYPE: MultiplebChoice
HASbVARIABLES: False
LEARNINGbOBJECTIVES:b BE.FERR.13.ChO.01.02b-
bExaminebthebhistoricalbfoundationsbandbevolutionbofbbusinessbethics


NATIONALbSTANDARDS:b UnitedbStatesb-bBUSPROG:bEthicsb-bEthics
STATEbSTANDARDS: UnitedbStatesb-bNoneb-bDISC:bEthicalbResponsibilitiesb-bEthicalbResponsibilities
DATEbCREATED: 8/3/2021b10:32bAM
DATEbMODIFIED: 8/3/2021b10:34bAM

4. Duringbtheb1990s,bthebinstitutionalizationbofbbusinessbethicsbwasblargelybdrivenbbybwhichbpiecebofblegislation?
a. Sarbanes-OxleybAct
b. FederalbSentencingbGuidelinesbforbOrganizations
c. Dodd-FrankbWallbStreetbReformbandbConsumerbProtectionbAct
d. ForeignbCorruptbPracticesbAct
e. UNbGlobalbCompact
ANSWER: b
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-3bThebDevelopmentbofbBusinessbEthics
QUESTIONbTYPE: MultiplebChoice
HASbVARIABLES: False
LEARNINGbOBJECTIVES:b BE.FERR.13.ChO.01.02b-
bExaminebthebhistoricalbfoundationsbandbevolutionbofbbusinessbethics


NATIONALbSTANDARDS:b UnitedbStatesb-bBUSPROG:bEthicsb-bEthics
STATEbSTANDARDS: UnitedbStatesb-bNoneb-bDISC:bEthicalbResponsibilitiesb-bEthicalbResponsibilities
DATEbCREATED: 8/3/2021b11:22bAM
DATEbMODIFIED: 8/3/2021b11:24bAM

5. EnvironmentalbSocialbGovernanceb(ESG)brefersbtobwhichbofbthebfollowing?
a. Abframeworkbforbevaluationbofbfirmbperformancebinbthebareasbofbenvironmental,bsocial,bandb
governance
b. Thebmostbfar-
reachingbchangebinborganizationalbcontrolbandbaccountingbregulationsbsincebthebSecuritiesbandbExchangebAct
bofb1934


c. Guidelinesbthatbcodifiedbintoblawbincentivesbtobrewardborganizationsbforbtakingbactionbtobpreventbmisconduct
d. Anborganizationbdevelopedbtobguidebcorporatebsupportbforbethicalbconduct
e. Anborganization’sbobligationbtobmaximizebitsbpositivebimpactbandbminimizebitsbnegativebimpactbonbstakeholders
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: 1-3bThebDevelopmentbofbBusinessbEthics
CopyrightbCengagebLearning.bPoweredbbybCognero. Pageb2


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, QUESTIONbTYPE: MultiplebChoice




CopyrightbCengagebLearning.bPoweredbbybCognero. Pageb3


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