,AntyIntroductiontytotyBusinesstyEthics,ty6ety(DesJardins)tyCha
pterty1t y WhytyStudytyEthics?
1) Whichtyoftythetyfollowingtystatementstyistydecisivetyintydeterminingtywhethertyortynottytotystudytyb
usinesstyethics?
A) Businesstymanagerstydon'ttyneedtytotystudytyethicstyintyordertytotyknowtyhowtytotytreattyempl
oyees,tyshareowners,tyandtycustomers.
B) Businesstyandtyethicstysimplytydon'ttymix.tyIntythetyfinaltyanalysis,tyself-
interest,tyrepresentedtybytyprofit,tyoverridestythetyintereststyoftyemployees,tycustomers,tyandtycommu
nities.tyOpiniontyandtysentimenttygettyintythetywaytyoftyefficienttybusinesstydecisiontymaking.
C) Ethicaltyconcernstyaretyastyunavoidabletyintybusinesstyastyaretyconcernstyoftymarketing,tyaccoun
ting,tyfinance,tyandtyhumantyresources.tyFormaltystudytyoftybusinesstyethicstyhelpstyaddresstythesety
concernstysotythattybusinessestycantyintegratetyethicstyintytheirtydecisiontymaking.
D) Thetyanswerstytotyethicaltyquestionstyaretyclear-
cuttyenough;tyalltybusinesstypeopletyalreadytyknowtyrighttyfromtywrong.
Answer:t y C
Accessibility:t y KeyboardtyNavigation
2) Whichtyoftythetyfollowingtystatementstycorrectlytydescribestythetyrelationshiptybetweentyphilosop
hicaltyethicstyandtyethos?
A) Individualstywhotyobeytythetyconventions,tymores,tyandtyrulestyoftytheirtyculturestyaretyalreadyty
actingtyethically.tyNotyfurthertyphilosophicaltyreflectiontyistyrequired.
B) Philosophicaltyethicstydistinguishestywhattypeopletydotyvaluetyfromtywhattytheytyshouldtyvalue.
C) Whattypeopletydotyvaluetyandtyshouldtyvaluetyis,tyfortyalltypracticaltypurposes,tythetysame.
D) Philosophicaltyethicstyistytootyabstracttytotybetyusefultyintyeverydaytylifetysituations.tyFollowi
ngtythetymorestyandtycustomstyoftyone'styculturetyistyatymoretydependabletywaytytotymaketymoralt
ydecisions.
Answer:t y B
Accessibility:t y KeyboardtyNavigation
3) Ethicstyreferstytotythetybeliefs,tyvalues,tyandtyprinciplestythattyguidetyatyperson'stylifetyandtydecisions.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
4) Ethicaltybehaviortyandtyantyethicaltyreputationtycantyprovidetyatycompetitivetyadvantagetyi
ntythetymarketplacetyandtywithtycustomers,tysuppliers,tyandtyemployees.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
1
Copyrightty2019ty©tyMcGraw-
HilltyEducation.tyAlltyrightstyreserved.tyNotyreproductiontyortydistributiontywithouttythetypriortywrittentyconsenttyoft
McGraw-Hill Education.
,5) Intyatysocietytythattyvaluestyindividualtyfreedom,tyeverythingtythattyistylegaltyistyethicallytyrig
httyandtyeverythingtythattyistyethicallytywrongtyistyillegal.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
6) UnliketyGenerallytyAcceptedtyAccountingtyPrinciplesty(GAAP)tyfortyaccountants,tytheretyar
etynotyprinciples,tystandards,tyconcepts,tyortyvaluestycommontytotybusinesstyethics.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
7) Thetyroletyoftyantyethicstycoursetyshouldtybetytotyconveytyinformationtytotyatypassivetyaudience,
tywhiletytreatingtystudentstyastypassivetylearners.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
8) Thetyunexaminedtylife,tyaccordingtytotySocrates,tyistynottyworthtyliving.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
9) Businesstyethicstyistyconcernedtymoretywithtyreasoningtythantyanswers.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
10) Iftysomethingtyistyseriouslytywrong,tythetylawtywilltyprohibittyit.tyConsequently,tyit'styenoughtytotyr
elytyontythetylawtyfortydecidingtywhat'styrighttyortywrong.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
11) Ethicstyandtyethostyaretythetysametything.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
12) Philosophicaltyethicstydeniestythattyconformitytyandtyobediencetyaretythetybesttyguidestytotyho
wtywetyshouldtylive.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
2
Copyrightty2019ty©tyMcGraw-
HilltyEducation.tyAlltyrightstyreserved.tyNotyreproductiontyortydistributiontywithouttythetypriortywrittentyconsenttyoft
McGraw-Hill Education.
, 13) Accordingtytotyphilosophicaltyethics,tyatysimpletyacceptancetyoftycustomarytynormstyistyantyade
quatetyethicaltyperspective.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
14) Philosophicaltyethicstydistinguishestywhattypeopletydotyvaluetyfromtywhattytheytyshouldtyvalue.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
15) Thetymajortyreasontytotystudytyethicstyistytotybetyabletytotyanswertyquestionstysuchtyasty"whatty
shouldtyItydo?"tyorty"whattytypetyoftypersontyshouldtyItybe?"tyorty"howtyshalltyItylivetyintymytycom
munity?"
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
16) Gatekeeperstyaretythosetypeopletyandtyinstitutionstywhosetyroletyistytotyprovidetycheckstyontyilleg
altyandtyunethicaltybehavior.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
17) Atyskepticaltychallengetytotybusinesstyethicstyistythattytheretyistynotycommontyrationaltybasistyforty
makingtyethicaltyjudgments.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
3
Copyrightty2019ty©tyMcGraw-
HilltyEducation.tyAlltyrightstyreserved.tyNotyreproductiontyortydistributiontywithouttythetypriortywrittentyconsenttyoft
McGraw-Hill Education.
pterty1t y WhytyStudytyEthics?
1) Whichtyoftythetyfollowingtystatementstyistydecisivetyintydeterminingtywhethertyortynottytotystudytyb
usinesstyethics?
A) Businesstymanagerstydon'ttyneedtytotystudytyethicstyintyordertytotyknowtyhowtytotytreattyempl
oyees,tyshareowners,tyandtycustomers.
B) Businesstyandtyethicstysimplytydon'ttymix.tyIntythetyfinaltyanalysis,tyself-
interest,tyrepresentedtybytyprofit,tyoverridestythetyintereststyoftyemployees,tycustomers,tyandtycommu
nities.tyOpiniontyandtysentimenttygettyintythetywaytyoftyefficienttybusinesstydecisiontymaking.
C) Ethicaltyconcernstyaretyastyunavoidabletyintybusinesstyastyaretyconcernstyoftymarketing,tyaccoun
ting,tyfinance,tyandtyhumantyresources.tyFormaltystudytyoftybusinesstyethicstyhelpstyaddresstythesety
concernstysotythattybusinessestycantyintegratetyethicstyintytheirtydecisiontymaking.
D) Thetyanswerstytotyethicaltyquestionstyaretyclear-
cuttyenough;tyalltybusinesstypeopletyalreadytyknowtyrighttyfromtywrong.
Answer:t y C
Accessibility:t y KeyboardtyNavigation
2) Whichtyoftythetyfollowingtystatementstycorrectlytydescribestythetyrelationshiptybetweentyphilosop
hicaltyethicstyandtyethos?
A) Individualstywhotyobeytythetyconventions,tymores,tyandtyrulestyoftytheirtyculturestyaretyalreadyty
actingtyethically.tyNotyfurthertyphilosophicaltyreflectiontyistyrequired.
B) Philosophicaltyethicstydistinguishestywhattypeopletydotyvaluetyfromtywhattytheytyshouldtyvalue.
C) Whattypeopletydotyvaluetyandtyshouldtyvaluetyis,tyfortyalltypracticaltypurposes,tythetysame.
D) Philosophicaltyethicstyistytootyabstracttytotybetyusefultyintyeverydaytylifetysituations.tyFollowi
ngtythetymorestyandtycustomstyoftyone'styculturetyistyatymoretydependabletywaytytotymaketymoralt
ydecisions.
Answer:t y B
Accessibility:t y KeyboardtyNavigation
3) Ethicstyreferstytotythetybeliefs,tyvalues,tyandtyprinciplestythattyguidetyatyperson'stylifetyandtydecisions.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
4) Ethicaltybehaviortyandtyantyethicaltyreputationtycantyprovidetyatycompetitivetyadvantagetyi
ntythetymarketplacetyandtywithtycustomers,tysuppliers,tyandtyemployees.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
1
Copyrightty2019ty©tyMcGraw-
HilltyEducation.tyAlltyrightstyreserved.tyNotyreproductiontyortydistributiontywithouttythetypriortywrittentyconsenttyoft
McGraw-Hill Education.
,5) Intyatysocietytythattyvaluestyindividualtyfreedom,tyeverythingtythattyistylegaltyistyethicallytyrig
httyandtyeverythingtythattyistyethicallytywrongtyistyillegal.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
6) UnliketyGenerallytyAcceptedtyAccountingtyPrinciplesty(GAAP)tyfortyaccountants,tytheretyar
etynotyprinciples,tystandards,tyconcepts,tyortyvaluestycommontytotybusinesstyethics.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
7) Thetyroletyoftyantyethicstycoursetyshouldtybetytotyconveytyinformationtytotyatypassivetyaudience,
tywhiletytreatingtystudentstyastypassivetylearners.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
8) Thetyunexaminedtylife,tyaccordingtytotySocrates,tyistynottyworthtyliving.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
9) Businesstyethicstyistyconcernedtymoretywithtyreasoningtythantyanswers.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
10) Iftysomethingtyistyseriouslytywrong,tythetylawtywilltyprohibittyit.tyConsequently,tyit'styenoughtytotyr
elytyontythetylawtyfortydecidingtywhat'styrighttyortywrong.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
11) Ethicstyandtyethostyaretythetysametything.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
12) Philosophicaltyethicstydeniestythattyconformitytyandtyobediencetyaretythetybesttyguidestytotyho
wtywetyshouldtylive.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
2
Copyrightty2019ty©tyMcGraw-
HilltyEducation.tyAlltyrightstyreserved.tyNotyreproductiontyortydistributiontywithouttythetypriortywrittentyconsenttyoft
McGraw-Hill Education.
, 13) Accordingtytotyphilosophicaltyethics,tyatysimpletyacceptancetyoftycustomarytynormstyistyantyade
quatetyethicaltyperspective.
Answer:t y FALSE
Accessibility:t y KeyboardtyNavigation
14) Philosophicaltyethicstydistinguishestywhattypeopletydotyvaluetyfromtywhattytheytyshouldtyvalue.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
15) Thetymajortyreasontytotystudytyethicstyistytotybetyabletytotyanswertyquestionstysuchtyasty"whatty
shouldtyItydo?"tyorty"whattytypetyoftypersontyshouldtyItybe?"tyorty"howtyshalltyItylivetyintymytycom
munity?"
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
16) Gatekeeperstyaretythosetypeopletyandtyinstitutionstywhosetyroletyistytotyprovidetycheckstyontyilleg
altyandtyunethicaltybehavior.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
17) Atyskepticaltychallengetytotybusinesstyethicstyistythattytheretyistynotycommontyrationaltybasistyforty
makingtyethicaltyjudgments.
Answer:t y TRUE
Accessibility:t y KeyboardtyNavigation
3
Copyrightty2019ty©tyMcGraw-
HilltyEducation.tyAlltyrightstyreserved.tyNotyreproductiontyortydistributiontywithouttythetypriortywrittentyconsenttyoft
McGraw-Hill Education.
