,TESTBANK For Ethics and Business 1e Godfrey
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,Package Title: Godfrey Test Bank
Course Title: Ethics and Business WileyPLUS
Chapter Number 1
Question type: Multiple-Choice
1) The Greek word hexis is used to describe which of the following?
a) group moral virtues
b) individual moral virtue
c) the second domain of human action
d) the individual ethical choices taken throughout one’s life
Answer: b
Title: Chapter 1 Test Bank, Question 1
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: The Greek word hexis is used to describe individual moral virtue.
2) The third domain of human action requires
a) obedience to the unenforceable, where no punishment arises from non-conformance
b) obedience to enforceable laws, where punishment is applied for non-conformance
c) obedience to all laws, both enforceable and unenforceable
d) obedience to legal mandates only
Answer: a
Title: Chapter 1 Test Bank, Question 2
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: The third domain of human action requires “obedience to the unenforceable,” or conformance
with norms and principles where no punishment arises from non-conformance.
,3) Business ethics involves which of the following?
a) the ethical dimensions of productive organizations and noncommercial activities
b) the ethical dimensions of productive organizations and commercial activities
c) absolute adherence to all ethical guidelines, rules, and laws
d) an understanding of how to avoid punishment for wrongdoing
Answer: b
Title: Chapter 1 Test Bank, Question 3
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: Business ethics involves the “ethical dimensions of productive organizations and commercial
activities.”
4) Many firms have a mission statement that contains which of the following?
a) an ethical guide to all scenarios that an employee may encounter
b) a guide to ensuring the company avoids prosecution
c) clearly defined principles of conduct that define right and wrong behavior
d) a guide to illegal versus unethical behavior
Answer: c
Title: Chapter 1 Test Bank, Question 4
Difficulty: Easy
Bloomcode: Knowledge
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: Many companies have clearly defined principles of conduct that define right and wrong
behavior, often contained in a mission statement.
5) Which of the following provides the greatest contrast to a philosophical approach to ethics?
a) fulfillment
b) principles
c) compliance
,d) love
Answer: c
Title: Chapter 1 Test Bank, Question 5
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.4 Explain the two approaches to business ethics and use the DRAFT model to
understand the key differences between the two.
Section Reference: Sec 1.4 The Need for an Integrated Approach
Solution: Fulfillment, principles, and love all pertain to a philosophical approach, whereas compliance
pertains to the alternative pragmatic approach and thus stands as the correct answer.
6) Instrumental ends are things that are
a) bad, because they cause further bad things to happen
b) good, because they lead to something else
c) good in and of themselves
d) bad in and of themselves
Answer: b
Title: Chapter 1 Test Bank, Question 6
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: Instrumental ends are things that are good because they lead to something else.
7) Intrinsic ends are things that are
a) bad in and of themselves
b) good in and of themselves
c) good, because they lead to something else
d) bad, because they cause further bad things to happen
,Answer: b
Title: Chapter 1 Test Bank, Question 7
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: Intrinsic ends are things that are good or desirable in and of themselves.
8) Ultimate ends are sometimes also referred to as
a) instrumental ends
b) moral components
c) intrinsic ends
d) ethical and moral ends
Answer: c
Title: Chapter 1 Test Bank, Question 8
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: Ultimate ends are sometimes also referred to as intrinsic ends.
9) The moral component of an ethical challenge
a) may be an input or output to an ethical decision
b) is best disregarded by employees and managers
c) is irrelevant if the issue is legal
d) may cause employees to make poor ethical decisions
Answer: a
Title: Chapter 1 Test Bank, Question 9
Difficulty: Easy
Bloomcode: Comprehension
,Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: The moral component of an ethical challenge may be input or output to an ethical decision.
10) For business executives and firm managers, many of their ethical temptations arise from
a) a conflict between their roles as agents of the business and their own personal ethical values
b) a conflict between what is good for the shareholders versus other stakeholders of the business
c) a conflict between balancing work life and family life
d) ensuring a fair balance between employee morale and productivity
Answer: a
Title: Chapter 1 Test Bank, Question 10
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: For business executives and firm managers, many of their ethical temptations arise from a
conflict between their roles as agents of the business and their own personal ethical values.
11) The business and ethics trade-off framework contains
a) two quadrants, focused on the employee and the employer
b) three quadrants, focused on the employee, employer, and stockholders
c) four quadrants, focused on actions that may be ethical/unethical and good/bad for the business
d) four quadrants, focused on actions that may be good for firm stakeholders but not employees
Answer: c
Title: Chapter 1 Test Bank, Question 11
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
,Solution: The business and ethics trade-off framework contains four quadrants, focused on actions that
may be ethical/unethical and good/bad for the business.
12) When professionals face the temptations in quadrants one and four of the business and ethics trade-off
framework, they
a) typically resign from the company
b) attempt to resolve these temptations by employing moral courage
c) attempt to resolve these temptations by deferring the decision to a supervisor
d) typically, will act in their own best interests
Answer: b
Title: Chapter 1 Test Bank, Question 12
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: When professional face the temptations in quadrants one and four of the business and ethics
trade-off framework, they attempt to resolve these temptations by employing moral courage.
13) In the context of the business and ethics trade-off framework, moral creativity
a) speaks to an employee’s ability to be morally creative when faced with an ethical dilemma
b) speaks to a professional’s ability to find a solution that resolves the temptation by finding a way to
move the decision into either quadrant two or three
c) is seldom employed or shown by executives, as their focus is typically on self-enrichment
d) can be enforced by state and federal laws
Answer: b
Title: Chapter 1 Test Bank, Question 13
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
,Solution: In the context of the business and ethics trade-off framework, moral creativity speaks to a
professional’s ability to find a solution that resolves the temptation by finding a way to move the decision
into either quadrant two or three.
14) Which of the quadrants of the business and ethics trade-off framework describes a situation where the
action is both good for the business and ethically correct?
a) quadrant I
b) quadrant II
c) quadrant III
d) quadrant IV
Answer: b
Title: Chapter 1 Test Bank, Question 14
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: Quadrant II covers a situation where the action is both good for the business and ethically
correct. The decision is a clear yes.
15) Quadrant three of the business and ethics trade-off framework describes a situation where the action is
a) both good for the business and ethically correct
b) both bad for the business and ethically improper
c) bad for the business but ethically correct
d) good for the business but morally improper
Answer: b
Title: Chapter 1 Test Bank, Question 15
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: Quadrant three of the business and ethics trade-off framework describes a situation where the
action is both bad for the business and ethically improper.
, 16) The integrated approach to business ethics described in the chapter relates to
a) integrating both the pragmatic and philosophical approaches to business ethics
b) integrating both the legal and moral aspects of ethics into one’s approach
c) integrating both the corporate and individual approach to ethics
d) integrating both greed and benevolence
Answer: a
Title: Chapter 1 Test Bank, Question 16
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.4 Explain the two approaches to business ethics and use the DRAFT model to
understand the key differences between the two.
Section Reference: Sec 1.4 The Need for an Integrated Approach
Solution: The integrated approach to business ethics described in the chapter relates to integrating both
the pragmatic and philosophical approaches to business ethics.
17) The difference between pragmatic and philosophical approaches to business ethics is that
a) one focuses on staying out of trouble and the other focuses on being good
b) one is about individuals and the other is about organizations
c) one is realistic and the other is unrealistic
d) one is for corporations and the other is for religious organizations and charities
Answer: a
Title: Chapter 1 Test Bank, Question 17
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.4 Explain the two approaches to business ethics and use the DRAFT model to
understand the key differences between the two.
Section Reference: Sec 1.4 The Need for an Integrated Approach
Solution: Pragmatic and philosophical approaches can be about either individuals or organizations. While
a pragmatic approach does lend itself to being more “realistic,” the difference between the two is not that
one is and the other is not realistic, but that their starting points are different. A difference is that
pragmatism focuses more on compliance and staying out of trouble, whereas the philosophical approach
aims to live up to principles of the good.
Hello all ,
We have all what you need with best price
Our email :
Our website :
testbanks-store.com
,Package Title: Godfrey Test Bank
Course Title: Ethics and Business WileyPLUS
Chapter Number 1
Question type: Multiple-Choice
1) The Greek word hexis is used to describe which of the following?
a) group moral virtues
b) individual moral virtue
c) the second domain of human action
d) the individual ethical choices taken throughout one’s life
Answer: b
Title: Chapter 1 Test Bank, Question 1
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: The Greek word hexis is used to describe individual moral virtue.
2) The third domain of human action requires
a) obedience to the unenforceable, where no punishment arises from non-conformance
b) obedience to enforceable laws, where punishment is applied for non-conformance
c) obedience to all laws, both enforceable and unenforceable
d) obedience to legal mandates only
Answer: a
Title: Chapter 1 Test Bank, Question 2
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: The third domain of human action requires “obedience to the unenforceable,” or conformance
with norms and principles where no punishment arises from non-conformance.
,3) Business ethics involves which of the following?
a) the ethical dimensions of productive organizations and noncommercial activities
b) the ethical dimensions of productive organizations and commercial activities
c) absolute adherence to all ethical guidelines, rules, and laws
d) an understanding of how to avoid punishment for wrongdoing
Answer: b
Title: Chapter 1 Test Bank, Question 3
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: Business ethics involves the “ethical dimensions of productive organizations and commercial
activities.”
4) Many firms have a mission statement that contains which of the following?
a) an ethical guide to all scenarios that an employee may encounter
b) a guide to ensuring the company avoids prosecution
c) clearly defined principles of conduct that define right and wrong behavior
d) a guide to illegal versus unethical behavior
Answer: c
Title: Chapter 1 Test Bank, Question 4
Difficulty: Easy
Bloomcode: Knowledge
Min: 1
AACSB: Ethics
Learning Objective: LO 1.1 Define ethics and the domain of business ethics.
Section Reference: Sec 1.1 Ethics and Business Ethics
Solution: Many companies have clearly defined principles of conduct that define right and wrong
behavior, often contained in a mission statement.
5) Which of the following provides the greatest contrast to a philosophical approach to ethics?
a) fulfillment
b) principles
c) compliance
,d) love
Answer: c
Title: Chapter 1 Test Bank, Question 5
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.4 Explain the two approaches to business ethics and use the DRAFT model to
understand the key differences between the two.
Section Reference: Sec 1.4 The Need for an Integrated Approach
Solution: Fulfillment, principles, and love all pertain to a philosophical approach, whereas compliance
pertains to the alternative pragmatic approach and thus stands as the correct answer.
6) Instrumental ends are things that are
a) bad, because they cause further bad things to happen
b) good, because they lead to something else
c) good in and of themselves
d) bad in and of themselves
Answer: b
Title: Chapter 1 Test Bank, Question 6
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: Instrumental ends are things that are good because they lead to something else.
7) Intrinsic ends are things that are
a) bad in and of themselves
b) good in and of themselves
c) good, because they lead to something else
d) bad, because they cause further bad things to happen
,Answer: b
Title: Chapter 1 Test Bank, Question 7
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: Intrinsic ends are things that are good or desirable in and of themselves.
8) Ultimate ends are sometimes also referred to as
a) instrumental ends
b) moral components
c) intrinsic ends
d) ethical and moral ends
Answer: c
Title: Chapter 1 Test Bank, Question 8
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: Ultimate ends are sometimes also referred to as intrinsic ends.
9) The moral component of an ethical challenge
a) may be an input or output to an ethical decision
b) is best disregarded by employees and managers
c) is irrelevant if the issue is legal
d) may cause employees to make poor ethical decisions
Answer: a
Title: Chapter 1 Test Bank, Question 9
Difficulty: Easy
Bloomcode: Comprehension
,Min: 1
AACSB: Ethics
Learning Objective: LO 1.2 Discuss how the constraints on managers influence ethical decision making
in business.
Section Reference: Sec 1.2 The Dimensions of Ethical Choice
Solution: The moral component of an ethical challenge may be input or output to an ethical decision.
10) For business executives and firm managers, many of their ethical temptations arise from
a) a conflict between their roles as agents of the business and their own personal ethical values
b) a conflict between what is good for the shareholders versus other stakeholders of the business
c) a conflict between balancing work life and family life
d) ensuring a fair balance between employee morale and productivity
Answer: a
Title: Chapter 1 Test Bank, Question 10
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: For business executives and firm managers, many of their ethical temptations arise from a
conflict between their roles as agents of the business and their own personal ethical values.
11) The business and ethics trade-off framework contains
a) two quadrants, focused on the employee and the employer
b) three quadrants, focused on the employee, employer, and stockholders
c) four quadrants, focused on actions that may be ethical/unethical and good/bad for the business
d) four quadrants, focused on actions that may be good for firm stakeholders but not employees
Answer: c
Title: Chapter 1 Test Bank, Question 11
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
,Solution: The business and ethics trade-off framework contains four quadrants, focused on actions that
may be ethical/unethical and good/bad for the business.
12) When professionals face the temptations in quadrants one and four of the business and ethics trade-off
framework, they
a) typically resign from the company
b) attempt to resolve these temptations by employing moral courage
c) attempt to resolve these temptations by deferring the decision to a supervisor
d) typically, will act in their own best interests
Answer: b
Title: Chapter 1 Test Bank, Question 12
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: When professional face the temptations in quadrants one and four of the business and ethics
trade-off framework, they attempt to resolve these temptations by employing moral courage.
13) In the context of the business and ethics trade-off framework, moral creativity
a) speaks to an employee’s ability to be morally creative when faced with an ethical dilemma
b) speaks to a professional’s ability to find a solution that resolves the temptation by finding a way to
move the decision into either quadrant two or three
c) is seldom employed or shown by executives, as their focus is typically on self-enrichment
d) can be enforced by state and federal laws
Answer: b
Title: Chapter 1 Test Bank, Question 13
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
,Solution: In the context of the business and ethics trade-off framework, moral creativity speaks to a
professional’s ability to find a solution that resolves the temptation by finding a way to move the decision
into either quadrant two or three.
14) Which of the quadrants of the business and ethics trade-off framework describes a situation where the
action is both good for the business and ethically correct?
a) quadrant I
b) quadrant II
c) quadrant III
d) quadrant IV
Answer: b
Title: Chapter 1 Test Bank, Question 14
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: Quadrant II covers a situation where the action is both good for the business and ethically
correct. The decision is a clear yes.
15) Quadrant three of the business and ethics trade-off framework describes a situation where the action is
a) both good for the business and ethically correct
b) both bad for the business and ethically improper
c) bad for the business but ethically correct
d) good for the business but morally improper
Answer: b
Title: Chapter 1 Test Bank, Question 15
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.3 Use the business and ethics trade-offs framework to differentiate between
four types of ethical temptations business professionals face.
Section Reference: Sec 1.3 Ethical Challenges in Business
Solution: Quadrant three of the business and ethics trade-off framework describes a situation where the
action is both bad for the business and ethically improper.
, 16) The integrated approach to business ethics described in the chapter relates to
a) integrating both the pragmatic and philosophical approaches to business ethics
b) integrating both the legal and moral aspects of ethics into one’s approach
c) integrating both the corporate and individual approach to ethics
d) integrating both greed and benevolence
Answer: a
Title: Chapter 1 Test Bank, Question 16
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.4 Explain the two approaches to business ethics and use the DRAFT model to
understand the key differences between the two.
Section Reference: Sec 1.4 The Need for an Integrated Approach
Solution: The integrated approach to business ethics described in the chapter relates to integrating both
the pragmatic and philosophical approaches to business ethics.
17) The difference between pragmatic and philosophical approaches to business ethics is that
a) one focuses on staying out of trouble and the other focuses on being good
b) one is about individuals and the other is about organizations
c) one is realistic and the other is unrealistic
d) one is for corporations and the other is for religious organizations and charities
Answer: a
Title: Chapter 1 Test Bank, Question 17
Difficulty: Easy
Bloomcode: Comprehension
Min: 1
AACSB: Ethics
Learning Objective: LO 1.4 Explain the two approaches to business ethics and use the DRAFT model to
understand the key differences between the two.
Section Reference: Sec 1.4 The Need for an Integrated Approach
Solution: Pragmatic and philosophical approaches can be about either individuals or organizations. While
a pragmatic approach does lend itself to being more “realistic,” the difference between the two is not that
one is and the other is not realistic, but that their starting points are different. A difference is that
pragmatism focuses more on compliance and staying out of trouble, whereas the philosophical approach
aims to live up to principles of the good.
