DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
Chapter 02 n n
Business Ethics and Social Responsibility
n n n n
Truen/nFalsenQuestions
1. Businessnethicsnrefersntonprinciplesnandnstandardsnthatndeterminenacceptablenconductninnb
usinessnorganizations.
TRUE
Businessnethicsnarenprinciplesnandnstandardsnthatndeterminenacceptablenbehaviournforni
ndividualsnwithinnannorganizationnasnwellnasnthenorganizationnatnlarge.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
2. Socialnresponsibilitynisnanotherntermnfornethics.
FALSE
Socialnresponsibilitynisnanbroadnconceptnthatnconsidersnthenimpactnofnannentirenbusiness'snactiviti
esnonnsocietynandnethicsnreferntonannindividual'snornanworkngroup'sndecisionsnthatnsocietynevaluate
snasnrightnornwrong.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
2-1
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n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
3. Thenacceptabilitynofnbehaviornofnanbusinessnrestsnsolelynwithnthenbusinessnitself.
FALSE
Thenacceptabilitynofnbehaviorninnbusinessnisndeterminednbynnotnonlynthenorganization,nbutnalsons
takeholdersnsuchnasncustomers,ncompetitors,ngovernmentnregulators,ninterestngroups,nandnthenp
ublic,nasnwellnasneachnindividual'snpersonalnprinciplesnandnvalues.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
4. Nearlynallnbusinessndecisionsnmaynbenjudgednasnrightnornwrong,nethicalnornunethical.
TRUE
Businessndecisions,neithernbynlawnornbynsociety,nwillnbendeemednannacceptablenpracticenornnot.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nMedium
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
5. Thenmostnbasicnethicalnconcernsnhavenbeennformalizednthroughnlawsnandnregulationsnthatne
ncouragenconformityntonsociety'snvaluesnandnnorms.
TRUE
ThenU.S.nCongressnpassednthenSarbanes-
OxleynActnandnthenOntario'sngovernmentnproclaimednBillnC-
198nwhichncriminalizednsecuritiesnfraudnasnwellnasnstiffenedncorporatenfraud.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nMedium
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
2-2
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n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
6. Onlyncorporationsnhaventonworrynaboutnethicsnscandalsnandnsocialnresponsibilitynissues.
FALSE
Ethicalnissuesnarennotnlimitedntonfor-profitncorporations,nbutnincludengovernment,nnon-
profitsnsuchnasnuniversities,nsports,nandnindividuals.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
7. ThenOccupynMovementnwasnconsiderednanglobalnprotestnagainstnthenprivatenownershipnofnr
esourcesnandnthenresultingnunderminingnofndemocracy.
FALSE
ThenOccupynMovementncannbendescribednasnanglobalnprotestnagainstnsocialnandneconomicninequa
lity.nThenprotestorsnbelieventhatnglobalncorporations,nespeciallynfinancialninstitutionsnandnwealthy
nindividuals,nhavenannunfairninfluenceninnpoliticsnleadingntoneconomicnandnsocialnproblemsnthatnu
nderminendemocracy.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nMedium
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
8. Businessnethicsnarenthensamenasnlegalnissues.
FALSE
Businessnethicsngonbeyondnlegalnissuesnbynbuildingntrustnamongnindividualsnandninnbusinessnr
elationships,nwhichnvalidatesnandnpromotesnconfidencenamongnthosenrelationships.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
2-3
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n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
9. Onenofnthenprincipalncausesnofnunethicalnbehaviourninnorganizationsnisnoverlynaggressivenf
inancialnornbusinessnobjectives.
TRUE
Overlynaggressivenfinancialnobjectivesncannsetnanmanagernupnfornfailure,ntemptingnthemntonc
rossntheirn"ethicalnboundary"ninnorderntonbensuccessful.nUnrealisticnandnoverlynaggressiveng
oalsncanntemptnannemployeentonbehaveninnwaysnthatnarenunethical.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
02nDetectnsomenofnthenethicalnissuesnthatnmaynariseninnbusiness.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
10. Knowingnthendifferencenbetweennrightnandnwrongnisnuniversalnandnindependentnofnculturalna
ssociation.
FALSE
Ethicsnisnalsonrelatedntonthencultureninnwhichnanbusinessnoperates.nInnCanada,nfornexample,nitnw
ouldnbeninappropriatenfornanbusinesspersonntonbringnannelaboratelynwrappedngiftntonanprospect
ivenclientnonntheirnfirstnmeeting—thengiftncouldnbenviewednasnanbribe.
Accessibility:nKeyboardnNavigation
nBlooms:nUnderstand
Difficulty:nMedium
LearningnObjective:n02-
02nDetectnsomenofnthenethicalnissuesnthatnmaynariseninnbusiness.nTopic:n02-
03nRecognizingnEthicalnIssuesninnBusiness
2-4
mynursytest.store
n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
Chapter 02 n n
Business Ethics and Social Responsibility
n n n n
Truen/nFalsenQuestions
1. Businessnethicsnrefersntonprinciplesnandnstandardsnthatndeterminenacceptablenconductninnb
usinessnorganizations.
TRUE
Businessnethicsnarenprinciplesnandnstandardsnthatndeterminenacceptablenbehaviournforni
ndividualsnwithinnannorganizationnasnwellnasnthenorganizationnatnlarge.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
2. Socialnresponsibilitynisnanotherntermnfornethics.
FALSE
Socialnresponsibilitynisnanbroadnconceptnthatnconsidersnthenimpactnofnannentirenbusiness'snactiviti
esnonnsocietynandnethicsnreferntonannindividual'snornanworkngroup'sndecisionsnthatnsocietynevaluate
snasnrightnornwrong.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
2-1
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n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
3. Thenacceptabilitynofnbehaviornofnanbusinessnrestsnsolelynwithnthenbusinessnitself.
FALSE
Thenacceptabilitynofnbehaviorninnbusinessnisndeterminednbynnotnonlynthenorganization,nbutnalsons
takeholdersnsuchnasncustomers,ncompetitors,ngovernmentnregulators,ninterestngroups,nandnthenp
ublic,nasnwellnasneachnindividual'snpersonalnprinciplesnandnvalues.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
4. Nearlynallnbusinessndecisionsnmaynbenjudgednasnrightnornwrong,nethicalnornunethical.
TRUE
Businessndecisions,neithernbynlawnornbynsociety,nwillnbendeemednannacceptablenpracticenornnot.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nMedium
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
5. Thenmostnbasicnethicalnconcernsnhavenbeennformalizednthroughnlawsnandnregulationsnthatne
ncouragenconformityntonsociety'snvaluesnandnnorms.
TRUE
ThenU.S.nCongressnpassednthenSarbanes-
OxleynActnandnthenOntario'sngovernmentnproclaimednBillnC-
198nwhichncriminalizednsecuritiesnfraudnasnwellnasnstiffenedncorporatenfraud.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nMedium
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
01nBusinessnEthicsnandnSocialnResponsibility
2-2
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,DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
6. Onlyncorporationsnhaventonworrynaboutnethicsnscandalsnandnsocialnresponsibilitynissues.
FALSE
Ethicalnissuesnarennotnlimitedntonfor-profitncorporations,nbutnincludengovernment,nnon-
profitsnsuchnasnuniversities,nsports,nandnindividuals.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
7. ThenOccupynMovementnwasnconsiderednanglobalnprotestnagainstnthenprivatenownershipnofnr
esourcesnandnthenresultingnunderminingnofndemocracy.
FALSE
ThenOccupynMovementncannbendescribednasnanglobalnprotestnagainstnsocialnandneconomicninequa
lity.nThenprotestorsnbelieventhatnglobalncorporations,nespeciallynfinancialninstitutionsnandnwealthy
nindividuals,nhavenannunfairninfluenceninnpoliticsnleadingntoneconomicnandnsocialnproblemsnthatnu
nderminendemocracy.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nMedium
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
8. Businessnethicsnarenthensamenasnlegalnissues.
FALSE
Businessnethicsngonbeyondnlegalnissuesnbynbuildingntrustnamongnindividualsnandninnbusinessnr
elationships,nwhichnvalidatesnandnpromotesnconfidencenamongnthosenrelationships.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
01nDefinenbusinessnethicsnandnsocialnresponsibility,nandnexaminentheirnimportance.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
2-3
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, DOWNLOAD THE Test Bank for Business Changing World 7th Edition Ferrell
n n n n n n n n n n
Chaptern02n-nBusinessnEthicsnandnSocialnResponsibility
9. Onenofnthenprincipalncausesnofnunethicalnbehaviourninnorganizationsnisnoverlynaggressivenf
inancialnornbusinessnobjectives.
TRUE
Overlynaggressivenfinancialnobjectivesncannsetnanmanagernupnfornfailure,ntemptingnthemntonc
rossntheirn"ethicalnboundary"ninnorderntonbensuccessful.nUnrealisticnandnoverlynaggressiveng
oalsncanntemptnannemployeentonbehaveninnwaysnthatnarenunethical.
Accessibility:nKeyboardnNavigation
nBlooms:nRemember
Difficulty:nEasy
LearningnObjective:n02-
02nDetectnsomenofnthenethicalnissuesnthatnmaynariseninnbusiness.nTopic:n02-
02nThenRolenofnEthicsninnBusiness
10. Knowingnthendifferencenbetweennrightnandnwrongnisnuniversalnandnindependentnofnculturalna
ssociation.
FALSE
Ethicsnisnalsonrelatedntonthencultureninnwhichnanbusinessnoperates.nInnCanada,nfornexample,nitnw
ouldnbeninappropriatenfornanbusinesspersonntonbringnannelaboratelynwrappedngiftntonanprospect
ivenclientnonntheirnfirstnmeeting—thengiftncouldnbenviewednasnanbribe.
Accessibility:nKeyboardnNavigation
nBlooms:nUnderstand
Difficulty:nMedium
LearningnObjective:n02-
02nDetectnsomenofnthenethicalnissuesnthatnmaynariseninnbusiness.nTopic:n02-
03nRecognizingnEthicalnIssuesninnBusiness
2-4
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