DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
b b b b b b b b b b
on Ferrell b
Chapter 02 Bu b b
siness Ethics And Social Responsibility
b b b b
Trueb/bFalsebQuestions
1. Allbbusinessbdecisionsbcannotbbebjudgedbasbrightborbwrong,bethicalborbunethical.
True False
2. Anbethicalbissuebisbanbidentifiablebproblem,bsituation,borbopportunitybthatbrequiresbabpersonborborg
anizationbtobchoosebfrombamongbseveralbactionsbthatbmaybbebevaluatedbasbethicalborbunethical.
True False
3. Co-
workersbandbsuperiorsbexertbsignificantbcontrolboverbyourbchoicesbatbworkbthroughbauthoritybandbex
ample.
True False
4. Thebconceptbofbsocialbresponsibilitybisbuniversallybaccepted.
True False
2-1
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
b b b b b b b b b b
on Ferrell b
5. Abbusiness'sbobligationsbtobitsbownersbandbinvestorsbincludebmaintainingbproperbaccounting
b procedures.
True False
MultiplebChoicebQuestions
6. Thebprinciplesbandbstandardsbthatbdeterminebacceptablebconductbinbbusinessborganizationsbare
b referredbtobas
A. socialbresponsibility.
B. businessbstrategies.
C. businessbethics.
D. businessbstances.
E. corporatebcitizenship.
7. Sarahbisbabmanagerbwhobsupportsbethicsbandbcompliancebatbherbcompanybbybclearlybcommunicating
b companybexpectationsbforbethicalbbehaviorbtoballbemployees.bThisbexemplifies
A. tonebatbthebtop.
B. tonebthroughoutbthebcompany.
C. tonebatbthebbottom.
D. socialbresponsibility.
E. businessbethics.
2-2
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
b b b b b b b b b b
on Ferrell b
8. Whichbofbthebfollowingbstatementsbisbtruebregardingbbusinessbethicsbandbsocialbresponsibility?
A. Allbactionsbdeemedbunethicalbbybsocietybarebalsobillegal.
B. Thebconcernsbofbwhatbisblegalbandbethicalbdobnotbchangeboverbtime.
C. Thebtermsbsocialbresponsibilitybandbethicsbshouldbbebusedbinterchangeably.
D. Companiesbcanbbebbothbprofitablebandbsociallybresponsible.
E. Businessesbwhosebsolebobjectivebisbtobearnbprofitbmaybnotbconsiderbtheirbsocialbresponsibility.
9. Ablocalbpetbstore,bPalsbwithbPaws,bdonatesbabportionbofbeverybsalebtobpetbrescuesbinbitsbcommunity.
b Thisbexhibitsbthebcompany's
A. businessbethics.
B. profitability.
C. businessbresponsibility.
D. irresponsibility.
E. socialbresponsibility.
10. Thebtermb
refersbtobabbusiness'sbobligationbtobmaximizebitsbpositivebimpactbandbminimizebits
b negativebimpactbonbsociety.
A. socialbcitizenship
B. socialbstrategy
C. socialbethics
D. socialbresponsibility
E. socialbrule
2-3
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
b b b b b b b b b b
on Ferrell b
11. Howbdobthebtermsbbusinessbethicsbandbsocialbresponsibilitybdifferbfrombeachbother?
A. Businessbethicsbconcernsbthebimpactbofbthebentirebbusiness'sbactivitiesbonbsociety,bwhereasbsocial
b responsibilitybrelatesbtobanbindividual'sbdecisionsbthatbsocietybevaluatesbasbrightborbwrong.
B. Businessbethicsbconcernsbthebimpactbofbthebentirebbusiness'sbactivitiesbonbsociety,bwhereasbsocial
b responsibilitybrelatesbtobabworkbgroup'sbdecisionsbthatbsocietybevaluatesbasbrightborbwrong.
C. Businessbethicsbrelatesbtobanbindividual'sborbabworkbgroup'sbdecisionsbthatbsocietybevaluatesbas
b rightborbwrong,bwhereasbsocialbresponsibilitybconcernsbthebimpactbofbthebentirebbusiness'sbac
tivitiesbonbsociety.
D. Businessbethicsbandbsocialbresponsibilitybcanbbebusedbinterchangeablybbecausebtheybmeanbthe
b samebthing.
E. Businessbethicsbisbabbroaderbconcept,bwhereasbsocialbresponsibilitybisbnarrower.
12. Theb Actbcriminalizedbsecuritiesbfraudbandbtoughenedbpenaltiesbforbcorporatebfraud.
A. Dodd-Frank
B. FederalbTradebCommission
C. ForeignbCorruptbPractices
D. Sarbanes-Oxley
E. ShermanbAntitrust
13. Whichbofbthebfollowingblawsbreformedbthebfinancialbindustrybandbofferedbconsumersbprotection
b againstbcomplexband/orbdeceptivebfinancialbproducts?
A. thebGlass-SteagallbLegislation
B. thebDodd-FrankbAct
C. thebSarbanes-OxleybAct
D. thebClaytonbAct
E. thebCeller-KefauverbAct
2-4
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
b b b b b b b b b b
on Ferrell b
Chapter 02 Bu b b
siness Ethics And Social Responsibility
b b b b
Trueb/bFalsebQuestions
1. Allbbusinessbdecisionsbcannotbbebjudgedbasbrightborbwrong,bethicalborbunethical.
True False
2. Anbethicalbissuebisbanbidentifiablebproblem,bsituation,borbopportunitybthatbrequiresbabpersonborborg
anizationbtobchoosebfrombamongbseveralbactionsbthatbmaybbebevaluatedbasbethicalborbunethical.
True False
3. Co-
workersbandbsuperiorsbexertbsignificantbcontrolboverbyourbchoicesbatbworkbthroughbauthoritybandbex
ample.
True False
4. Thebconceptbofbsocialbresponsibilitybisbuniversallybaccepted.
True False
2-1
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
b b b b b b b b b b
on Ferrell b
5. Abbusiness'sbobligationsbtobitsbownersbandbinvestorsbincludebmaintainingbproperbaccounting
b procedures.
True False
MultiplebChoicebQuestions
6. Thebprinciplesbandbstandardsbthatbdeterminebacceptablebconductbinbbusinessborganizationsbare
b referredbtobas
A. socialbresponsibility.
B. businessbstrategies.
C. businessbethics.
D. businessbstances.
E. corporatebcitizenship.
7. Sarahbisbabmanagerbwhobsupportsbethicsbandbcompliancebatbherbcompanybbybclearlybcommunicating
b companybexpectationsbforbethicalbbehaviorbtoballbemployees.bThisbexemplifies
A. tonebatbthebtop.
B. tonebthroughoutbthebcompany.
C. tonebatbthebbottom.
D. socialbresponsibility.
E. businessbethics.
2-2
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
b b b b b b b b b b
on Ferrell b
8. Whichbofbthebfollowingbstatementsbisbtruebregardingbbusinessbethicsbandbsocialbresponsibility?
A. Allbactionsbdeemedbunethicalbbybsocietybarebalsobillegal.
B. Thebconcernsbofbwhatbisblegalbandbethicalbdobnotbchangeboverbtime.
C. Thebtermsbsocialbresponsibilitybandbethicsbshouldbbebusedbinterchangeably.
D. Companiesbcanbbebbothbprofitablebandbsociallybresponsible.
E. Businessesbwhosebsolebobjectivebisbtobearnbprofitbmaybnotbconsiderbtheirbsocialbresponsibility.
9. Ablocalbpetbstore,bPalsbwithbPaws,bdonatesbabportionbofbeverybsalebtobpetbrescuesbinbitsbcommunity.
b Thisbexhibitsbthebcompany's
A. businessbethics.
B. profitability.
C. businessbresponsibility.
D. irresponsibility.
E. socialbresponsibility.
10. Thebtermb
refersbtobabbusiness'sbobligationbtobmaximizebitsbpositivebimpactbandbminimizebits
b negativebimpactbonbsociety.
A. socialbcitizenship
B. socialbstrategy
C. socialbethics
D. socialbresponsibility
E. socialbrule
2-3
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
b b b b b b b b b b
on Ferrell b
11. Howbdobthebtermsbbusinessbethicsbandbsocialbresponsibilitybdifferbfrombeachbother?
A. Businessbethicsbconcernsbthebimpactbofbthebentirebbusiness'sbactivitiesbonbsociety,bwhereasbsocial
b responsibilitybrelatesbtobanbindividual'sbdecisionsbthatbsocietybevaluatesbasbrightborbwrong.
B. Businessbethicsbconcernsbthebimpactbofbthebentirebbusiness'sbactivitiesbonbsociety,bwhereasbsocial
b responsibilitybrelatesbtobabworkbgroup'sbdecisionsbthatbsocietybevaluatesbasbrightborbwrong.
C. Businessbethicsbrelatesbtobanbindividual'sborbabworkbgroup'sbdecisionsbthatbsocietybevaluatesbas
b rightborbwrong,bwhereasbsocialbresponsibilitybconcernsbthebimpactbofbthebentirebbusiness'sbac
tivitiesbonbsociety.
D. Businessbethicsbandbsocialbresponsibilitybcanbbebusedbinterchangeablybbecausebtheybmeanbthe
b samebthing.
E. Businessbethicsbisbabbroaderbconcept,bwhereasbsocialbresponsibilitybisbnarrower.
12. Theb Actbcriminalizedbsecuritiesbfraudbandbtoughenedbpenaltiesbforbcorporatebfraud.
A. Dodd-Frank
B. FederalbTradebCommission
C. ForeignbCorruptbPractices
D. Sarbanes-Oxley
E. ShermanbAntitrust
13. Whichbofbthebfollowingblawsbreformedbthebfinancialbindustrybandbofferedbconsumersbprotection
b againstbcomplexband/orbdeceptivebfinancialbproducts?
A. thebGlass-SteagallbLegislation
B. thebDodd-FrankbAct
C. thebSarbanes-OxleybAct
D. thebClaytonbAct
E. thebCeller-KefauverbAct
2-4
Copyrightb©b2018bMcGraw-
HillbEducation.bAllbrightsbreserved.bNobreproductionborbdistributionbwithoutbthebpriorbwrittenbconsentbofb McGraw-HillbEducation.
mynursytest.store
