DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
Chapter 02 B p p
usiness Ethics and Social Responsibility
p p p p
Truep/pFalsepQuestions
1. Businesspethicsprefersptopprinciplespandpstandardspthatpdeterminepacceptablepconductpinp
businessporganizations.
TRUE
Businesspethicsparepprinciplespandpstandardspthatpdeterminepacceptablepbehaviourpforpindividua
lspwithinpanporganizationpaspwellpasptheporganizationpatplarge.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
2. Socialpresponsibilitypispanotherptermpforpethics.
FALSE
Socialpresponsibilitypispapbroadpconceptpthatpconsiderspthepimpactpofpanpentirepbusiness'spactiviti
esponpsocietypandpethicspreferptopanpindividual'sporpapworkpgroup'spdecisionspthatpsocietypevaluate
spasprightporpwrong.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
2-1
mynursytest.store
,DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
3. Thepacceptabilitypofpbehaviorpofpapbusinessprestspsolelypwithpthepbusinesspitself.
FALSE
Thepacceptabilitypofpbehaviorpinpbusinesspispdeterminedpbypnotponlyptheporganization,pbutpalsops
takeholderspsuchpaspcustomers,pcompetitors,pgovernmentpregulators,pinterestpgroups,pandpthepp
ublic,paspwellpaspeachpindividual'sppersonalpprinciplespandpvalues.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
4. Nearlypallpbusinesspdecisionspmaypbepjudgedpasprightporpwrong,pethicalporpunethical.
TRUE
Businesspdecisions,peitherpbyplawporpbypsociety,pwillpbepdeemedpanpacceptableppracticeporpnot.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pMedium
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
5. Thepmostpbasicpethicalpconcernsphavepbeenpformalizedpthroughplawspandpregulationspthatpe
ncouragepconformityptopsociety'spvaluespandpnorms.
TRUE
ThepU.S.pCongressppassedpthepSarbanes-
OxleypActpandpthepOntario'spgovernmentpproclaimedpBillpC-
198pwhichpcriminalizedpsecuritiespfraudpaspwellpaspstiffenedpcorporatepfraud.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pMedium
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
2-2
mynursytest.store
,DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
6. Onlypcorporationsphaveptopworrypaboutpethicspscandalspandpsocialpresponsibilitypissues.
FALSE
Ethicalpissuesparepnotplimitedptopfor-profitpcorporations,pbutpincludepgovernment,pnon-
profitspsuchpaspuniversities,psports,pandpindividuals.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
7. ThepOccupypMovementpwaspconsideredpapglobalpprotestpagainstpthepprivatepownershippofpr
esourcespandpthepresultingpunderminingpofpdemocracy.
FALSE
ThepOccupypMovementpcanpbepdescribedpaspapglobalpprotestpagainstpsocialpandpeconomicpinequa
lity.pThepprotestorspbelievepthatpglobalpcorporations,pespeciallypfinancialpinstitutionspandpwealth
ypindividuals,phavepanpunfairpinfluencepinppoliticspleadingptopeconomicpandpsocialpproblemspthatp
underminepdemocracy.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pMedium
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
8. Businesspethicsparepthepsamepasplegalpissues.
FALSE
Businesspethicspgopbeyondplegalpissuespbypbuildingptrustpamongpindividualspandpinpbusinessprelations
hips,pwhichpvalidatespandppromotespconfidencepamongpthoseprelationships.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
2-3
mynursytest.store
, DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
9. Onepofpthepprincipalpcausespofpunethicalpbehaviourpinporganizationspispoverlypaggressivepf
inancialporpbusinesspobjectives.
TRUE
Overlypaggressivepfinancialpobjectivespcanpsetpapmanagerpuppforpfailure,ptemptingpthemptopc
rossptheirp"ethicalpboundary"pinporderptopbepsuccessful.pUnrealisticpandpoverlypaggressivepg
oalspcanptemptpanpemployeeptopbehavepinpwayspthatparepunethical.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
02pDetectpsomepofpthepethicalpissuespthatpmayparisepinpbusiness.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
10. Knowingpthepdifferencepbetweenprightpandpwrongpispuniversalpandpindependentpofpculturalpa
ssociation.
FALSE
Ethicspispalsoprelatedptopthepculturepinpwhichpapbusinesspoperates.pInpCanada,pforpexample,pitpwoul
dpbepinappropriatepforpapbusinesspersonptopbringpanpelaboratelypwrappedpgiftptopapprospectivepcli
entponptheirpfirstpmeeting—thepgiftpcouldpbepviewedpaspapbribe.
Accessibility:pKeyboardpNavigationp Bloo
ms:pUnderstand
Difficulty:pMedium
LearningpObjective:p02-
02pDetectpsomepofpthepethicalpissuespthatpmayparisepinpbusiness.p Topic:p02-
03pRecognizingpEthicalpIssuespinpBusiness
2-4
mynursytest.store
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
Chapter 02 B p p
usiness Ethics and Social Responsibility
p p p p
Truep/pFalsepQuestions
1. Businesspethicsprefersptopprinciplespandpstandardspthatpdeterminepacceptablepconductpinp
businessporganizations.
TRUE
Businesspethicsparepprinciplespandpstandardspthatpdeterminepacceptablepbehaviourpforpindividua
lspwithinpanporganizationpaspwellpasptheporganizationpatplarge.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
2. Socialpresponsibilitypispanotherptermpforpethics.
FALSE
Socialpresponsibilitypispapbroadpconceptpthatpconsiderspthepimpactpofpanpentirepbusiness'spactiviti
esponpsocietypandpethicspreferptopanpindividual'sporpapworkpgroup'spdecisionspthatpsocietypevaluate
spasprightporpwrong.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
2-1
mynursytest.store
,DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
3. Thepacceptabilitypofpbehaviorpofpapbusinessprestspsolelypwithpthepbusinesspitself.
FALSE
Thepacceptabilitypofpbehaviorpinpbusinesspispdeterminedpbypnotponlyptheporganization,pbutpalsops
takeholderspsuchpaspcustomers,pcompetitors,pgovernmentpregulators,pinterestpgroups,pandpthepp
ublic,paspwellpaspeachpindividual'sppersonalpprinciplespandpvalues.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
4. Nearlypallpbusinesspdecisionspmaypbepjudgedpasprightporpwrong,pethicalporpunethical.
TRUE
Businesspdecisions,peitherpbyplawporpbypsociety,pwillpbepdeemedpanpacceptableppracticeporpnot.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pMedium
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
5. Thepmostpbasicpethicalpconcernsphavepbeenpformalizedpthroughplawspandpregulationspthatpe
ncouragepconformityptopsociety'spvaluespandpnorms.
TRUE
ThepU.S.pCongressppassedpthepSarbanes-
OxleypActpandpthepOntario'spgovernmentpproclaimedpBillpC-
198pwhichpcriminalizedpsecuritiespfraudpaspwellpaspstiffenedpcorporatepfraud.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pMedium
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
01pBusinesspEthicspandpSocialpResponsibility
2-2
mynursytest.store
,DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
6. Onlypcorporationsphaveptopworrypaboutpethicspscandalspandpsocialpresponsibilitypissues.
FALSE
Ethicalpissuesparepnotplimitedptopfor-profitpcorporations,pbutpincludepgovernment,pnon-
profitspsuchpaspuniversities,psports,pandpindividuals.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
7. ThepOccupypMovementpwaspconsideredpapglobalpprotestpagainstpthepprivatepownershippofpr
esourcespandpthepresultingpunderminingpofpdemocracy.
FALSE
ThepOccupypMovementpcanpbepdescribedpaspapglobalpprotestpagainstpsocialpandpeconomicpinequa
lity.pThepprotestorspbelievepthatpglobalpcorporations,pespeciallypfinancialpinstitutionspandpwealth
ypindividuals,phavepanpunfairpinfluencepinppoliticspleadingptopeconomicpandpsocialpproblemspthatp
underminepdemocracy.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pMedium
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
8. Businesspethicsparepthepsamepasplegalpissues.
FALSE
Businesspethicspgopbeyondplegalpissuespbypbuildingptrustpamongpindividualspandpinpbusinessprelations
hips,pwhichpvalidatespandppromotespconfidencepamongpthoseprelationships.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
01pDefinepbusinesspethicspandpsocialpresponsibility,pandpexamineptheirpimportance.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
2-3
mynursytest.store
, DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
p p p p p p p p p p
Chapterp02p-pBusinesspEthicspandpSocialpResponsibility
9. Onepofpthepprincipalpcausespofpunethicalpbehaviourpinporganizationspispoverlypaggressivepf
inancialporpbusinesspobjectives.
TRUE
Overlypaggressivepfinancialpobjectivespcanpsetpapmanagerpuppforpfailure,ptemptingpthemptopc
rossptheirp"ethicalpboundary"pinporderptopbepsuccessful.pUnrealisticpandpoverlypaggressivepg
oalspcanptemptpanpemployeeptopbehavepinpwayspthatparepunethical.
Accessibility:pKeyboardpNavigationp Bloo
ms:pRemember
Difficulty:pEasy
LearningpObjective:p02-
02pDetectpsomepofpthepethicalpissuespthatpmayparisepinpbusiness.p Topic:p02-
02pThepRolepofpEthicspinpBusiness
10. Knowingpthepdifferencepbetweenprightpandpwrongpispuniversalpandpindependentpofpculturalpa
ssociation.
FALSE
Ethicspispalsoprelatedptopthepculturepinpwhichpapbusinesspoperates.pInpCanada,pforpexample,pitpwoul
dpbepinappropriatepforpapbusinesspersonptopbringpanpelaboratelypwrappedpgiftptopapprospectivepcli
entponptheirpfirstpmeeting—thepgiftpcouldpbepviewedpaspapbribe.
Accessibility:pKeyboardpNavigationp Bloo
ms:pUnderstand
Difficulty:pMedium
LearningpObjective:p02-
02pDetectpsomepofpthepethicalpissuespthatpmayparisepinpbusiness.p Topic:p02-
03pRecognizingpEthicalpIssuespinpBusiness
2-4
mynursytest.store
