DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
k k k k k k k k k k
on Ferrell k
Chapter 02 Bu k k
siness Ethics And Social Responsibility
k k k k
Truek/kFalsekQuestions
1. Allkbusinesskdecisionskcannotkbekjudgedkaskrightkorkwrong,kethicalkorkunethical.
True False
2. Ankethicalkissuekiskankidentifiablekproblem,ksituation,korkopportunitykthatkrequireskakpersonkorkorgan
izationktokchoosekfromkamongkseveralkactionskthatkmaykbekevaluatedkaskethicalkorkunethical.
True False
3. Co-
workerskandksuperiorskexertksignificantkcontrolkoverkyourkchoiceskatkworkkthroughkauthoritykandkexa
mple.
True False
4. Thekconceptkofksocialkresponsibilitykiskuniversallykaccepted.
True False
2-1
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
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on Ferrell k
5. Akbusiness'skobligationsktokitskownerskandkinvestorskincludekmaintainingkproperkaccountingk
procedures.
True False
MultiplekChoicekQuestions
6. Thekprincipleskandkstandardskthatkdeterminekacceptablekconductkinkbusinesskorganizationskarekr
eferredktokas
A. socialkresponsibility.
B. businesskstrategies.
C. businesskethics.
D. businesskstances.
E. corporatekcitizenship.
7. Sarahkiskakmanagerkwhoksupportskethicskandkcompliancekatkherkcompanykbykclearlykcommunicatingkc
ompanykexpectationskforkethicalkbehaviorktokallkemployees.kThiskexemplifies
A. tonekatkthektop.
B. tonekthroughoutkthekcompany.
C. tonekatkthekbottom.
D. socialkresponsibility.
E. businesskethics.
2-2
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
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,DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
k k k k k k k k k k
on Ferrell k
8. Whichkofkthekfollowingkstatementskisktruekregardingkbusinesskethicskandksocialkresponsibility?
A. Allkactionskdeemedkunethicalkbyksocietykarekalsokillegal.
B. Thekconcernskofkwhatkisklegalkandkethicalkdoknotkchangekoverktime.
C. Thektermsksocialkresponsibilitykandkethicskshouldkbekusedkinterchangeably.
D. Companieskcankbekbothkprofitablekandksociallykresponsible.
E. Businesseskwhoseksolekobjectivekisktokearnkprofitkmayknotkconsiderktheirksocialkresponsibility.
9. Aklocalkpetkstore,kPalskwithkPaws,kdonateskakportionkofkeveryksalektokpetkrescueskinkitskcommunity.kT
hiskexhibitskthekcompany's
A. businesskethics.
B. profitability.
C. businesskresponsibility.
D. irresponsibility.
E. socialkresponsibility.
10. Thektermk
refersktokakbusiness'skobligationktokmaximizekitskpositivekimpactkandkminimizekitsk
negativekimpactkonksociety.
A. socialkcitizenship
B. socialkstrategy
C. socialkethics
D. socialkresponsibility
E. socialkrule
2-3
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
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, DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
k k k k k k k k k k
on Ferrell k
11. Howkdokthektermskbusinesskethicskandksocialkresponsibilitykdifferkfromkeachkother?
A. Businesskethicskconcernskthekimpactkofkthekentirekbusiness'skactivitieskonksociety,kwhereasksocialkr
esponsibilitykrelatesktokankindividual'skdecisionskthatksocietykevaluateskaskrightkorkwrong.
B. Businesskethicskconcernskthekimpactkofkthekentirekbusiness'skactivitieskonksociety,kwhereasksocialkr
esponsibilitykrelatesktokakworkkgroup'skdecisionskthatksocietykevaluateskaskrightkorkwrong.
C. Businesskethicskrelatesktokankindividual'skorkakworkkgroup'skdecisionskthatksocietykevaluateskaskri
ghtkorkwrong,kwhereasksocialkresponsibilitykconcernskthekimpactkofkthekentirekbusiness'skactivit
ieskonksociety.
D. Businesskethicskandksocialkresponsibilitykcankbekusedkinterchangeablykbecausektheykmeanktheks
amekthing.
E. Businesskethicskiskakbroaderkconcept,kwhereasksocialkresponsibilitykisknarrower.
12. Thek Actkcriminalizedksecuritieskfraudkandktoughenedkpenaltieskforkcorporatekfraud.
A. Dodd-Frank
B. FederalkTradekCommission
C. ForeignkCorruptkPractices
D. Sarbanes-Oxley
E. ShermankAntitrust
13. Whichkofkthekfollowingklawskreformedkthekfinancialkindustrykandkofferedkconsumerskprotectionk
againstkcomplexkand/orkdeceptivekfinancialkproducts?
A. thekGlass-SteagallkLegislation
B. thekDodd-FrankkAct
C. thekSarbanes-OxleykAct
D. thekClaytonkAct
E. thekCeller-KefauverkAct
2-4
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
mynursytest.store
k k k k k k k k k k
on Ferrell k
Chapter 02 Bu k k
siness Ethics And Social Responsibility
k k k k
Truek/kFalsekQuestions
1. Allkbusinesskdecisionskcannotkbekjudgedkaskrightkorkwrong,kethicalkorkunethical.
True False
2. Ankethicalkissuekiskankidentifiablekproblem,ksituation,korkopportunitykthatkrequireskakpersonkorkorgan
izationktokchoosekfromkamongkseveralkactionskthatkmaykbekevaluatedkaskethicalkorkunethical.
True False
3. Co-
workerskandksuperiorskexertksignificantkcontrolkoverkyourkchoiceskatkworkkthroughkauthoritykandkexa
mple.
True False
4. Thekconceptkofksocialkresponsibilitykiskuniversallykaccepted.
True False
2-1
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
k k k k k k k k k k
on Ferrell k
5. Akbusiness'skobligationsktokitskownerskandkinvestorskincludekmaintainingkproperkaccountingk
procedures.
True False
MultiplekChoicekQuestions
6. Thekprincipleskandkstandardskthatkdeterminekacceptablekconductkinkbusinesskorganizationskarekr
eferredktokas
A. socialkresponsibility.
B. businesskstrategies.
C. businesskethics.
D. businesskstances.
E. corporatekcitizenship.
7. Sarahkiskakmanagerkwhoksupportskethicskandkcompliancekatkherkcompanykbykclearlykcommunicatingkc
ompanykexpectationskforkethicalkbehaviorktokallkemployees.kThiskexemplifies
A. tonekatkthektop.
B. tonekthroughoutkthekcompany.
C. tonekatkthekbottom.
D. socialkresponsibility.
E. businesskethics.
2-2
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
mynursytest.store
,DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
k k k k k k k k k k
on Ferrell k
8. Whichkofkthekfollowingkstatementskisktruekregardingkbusinesskethicskandksocialkresponsibility?
A. Allkactionskdeemedkunethicalkbyksocietykarekalsokillegal.
B. Thekconcernskofkwhatkisklegalkandkethicalkdoknotkchangekoverktime.
C. Thektermsksocialkresponsibilitykandkethicskshouldkbekusedkinterchangeably.
D. Companieskcankbekbothkprofitablekandksociallykresponsible.
E. Businesseskwhoseksolekobjectivekisktokearnkprofitkmayknotkconsiderktheirksocialkresponsibility.
9. Aklocalkpetkstore,kPalskwithkPaws,kdonateskakportionkofkeveryksalektokpetkrescueskinkitskcommunity.kT
hiskexhibitskthekcompany's
A. businesskethics.
B. profitability.
C. businesskresponsibility.
D. irresponsibility.
E. socialkresponsibility.
10. Thektermk
refersktokakbusiness'skobligationktokmaximizekitskpositivekimpactkandkminimizekitsk
negativekimpactkonksociety.
A. socialkcitizenship
B. socialkstrategy
C. socialkethics
D. socialkresponsibility
E. socialkrule
2-3
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
mynursytest.store
, DOWNLOAD THE Test Bank for Business Foundations Changing World 11th Editi
k k k k k k k k k k
on Ferrell k
11. Howkdokthektermskbusinesskethicskandksocialkresponsibilitykdifferkfromkeachkother?
A. Businesskethicskconcernskthekimpactkofkthekentirekbusiness'skactivitieskonksociety,kwhereasksocialkr
esponsibilitykrelatesktokankindividual'skdecisionskthatksocietykevaluateskaskrightkorkwrong.
B. Businesskethicskconcernskthekimpactkofkthekentirekbusiness'skactivitieskonksociety,kwhereasksocialkr
esponsibilitykrelatesktokakworkkgroup'skdecisionskthatksocietykevaluateskaskrightkorkwrong.
C. Businesskethicskrelatesktokankindividual'skorkakworkkgroup'skdecisionskthatksocietykevaluateskaskri
ghtkorkwrong,kwhereasksocialkresponsibilitykconcernskthekimpactkofkthekentirekbusiness'skactivit
ieskonksociety.
D. Businesskethicskandksocialkresponsibilitykcankbekusedkinterchangeablykbecausektheykmeanktheks
amekthing.
E. Businesskethicskiskakbroaderkconcept,kwhereasksocialkresponsibilitykisknarrower.
12. Thek Actkcriminalizedksecuritieskfraudkandktoughenedkpenaltieskforkcorporatekfraud.
A. Dodd-Frank
B. FederalkTradekCommission
C. ForeignkCorruptkPractices
D. Sarbanes-Oxley
E. ShermankAntitrust
13. Whichkofkthekfollowingklawskreformedkthekfinancialkindustrykandkofferedkconsumerskprotectionk
againstkcomplexkand/orkdeceptivekfinancialkproducts?
A. thekGlass-SteagallkLegislation
B. thekDodd-FrankkAct
C. thekSarbanes-OxleykAct
D. thekClaytonkAct
E. thekCeller-KefauverkAct
2-4
Copyrightk©k2018kMcGraw-
HillkEducation.kAllkrightskreserved.kNokreproductionkorkdistributionkwithoutkthekpriorkwrittenkconsentkofk McGraw-HillkEducation.
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