CFI CBCA Professional Ethics Questions and answers 2025.

CFI CBCA Professional Ethics Questions
and answers 2025




Course .Introduction .
Ethics .need .to .be .understood, .thought .about, .and .embraced. .- .CORRECT
.ANSWER--What .to .do .when .you .are .faced .with .an .ethical .dilemma? .
-How .to .respond .and .maintain .your .own .ethical .integrity?


Learning .Objectives .- .CORRECT .ANSWER--Explain .why .ethics .matter .within .an
.organization .
-Describe .the .elements .of .business .ethics .
-Understanding .the .ethical .culture .of .an .organization .-Apply .professional .ethics
.and .the .moral .principles .of .integrity .
-Apply .approaches .to .ethical .decision .making .
-Utilize .sources .of .ethical .guidance


Why .Ethics .Matter .- .CORRECT .ANSWER-Recent .Public .Lapses .in .Ethical
.Standards
Six .companies .that .have .had .ethical .lapses:
-Theranos
-WeWork
-Boeing
-Volkswagon
-BP
-Wells .Fargo
For .each .of .the .organizations .listed, .research .what .the .ethical .lapse .was .and
.what .the .resultant .impact .was .on .the .company. .
• .How .was .the .ethical .lapse .discovered? .
• .What .was .the .impact .of .that .lapse .on .the .company?

, Theranos .and .WeWork .- .CORRECT .ANSWER--Charismatic .but .unethical .leaders
.
-Unicorn .companies .
-Have .a .valuation .of .over .$1BN .during .startup


Theranos .answers .- .CORRECT .ANSWER-• .The .claims .made .that .the .blood .tests
.worked .were .false. .
• .Thousands .of .blood .tests .were .inaccurate .and .some .cost .people .their .lives. .
• .Whistleblower .went .to .press. .
• .Theranos .was .dissolved .in .September .2018, .and .the .lawsuits .continue.


WeWork .answers .- .CORRECT .ANSWER-• .Falsely .inflated .company .value. .
• .CEO .self-dealt .in .a .number .of .different .areas. .
• .Collapse .of .IPO. .
• .CEO .was .fired .and .the .company .has .been .trying .to .recover .its .reputation .and
.financial .stability.




Beoing .answers .- .CORRECT .ANSWER-• .Two .Boeing .MAX .737 .crashes
.prompted .full .Federal .Aviation .Authority .investigation. .
• .Leaked .incriminating .documents .showed .that .the .MAX .was .known .to .be
.unsafe. .
• .However, .Boeing .chose .profitability .over .safety .and .put .a .poorly-designed,
.unsafe .airplane .into .service. .
• .Stock .price .took .a .sharp .decline .and .may .never .recover.


BP .answers .- .CORRECT .ANSWER-• .In .2005, .an .oil .refinery .explosion .caused
.one .of .the .principal .investigators .to .write .a .book .("Failure .to .Learn") .about .the
.lack .of .safety .culture .over .profits. .
• .In .2010, .Deepwater .Horizon .offshore .oil .rig .explosion .killed .11 .workers .and
.destroyed .a .significant .portion .of .the .Gulf .Coast. .
• .Stock .price .took .a .sharp .decline. .Paid .billions .in .legal .costs .and .fines.


Volkswagon .answers .- .CORRECT .ANSWER-• .European .car .manufacturer .that
.wanted .to .enter .the .North .American .market. .
• .Installed .a .software .chip .into .cars .to .cheat .emissions .tests .and .advertised
.cars .as ."clean .diesel." .
• .Accidentally .discovered .by .research .students .trying .to .replicate .tests, .and .an
.insider .revealed .the .reason.
• .Paid .over .$30BN .in .fines .& .legal .fees, .and .many .of .their .executives .have
.received .jail .sentences.