Exam 5: Business Ethics

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Phrases like "financial deficit," "negative cash flow," or "creative financing" are examples of _________.

(Multiple Choice)
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Managerial ethics and business ethics are essentially the same thing.

(True/False)
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There is no point in studying ethics because we all know what is right; it's just a matter of doing what is ethical.

(True/False)
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Who were credited with developing the first ethics theory?

(Multiple Choice)
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What are the different classifications of managers regarding morals?

(Multiple Choice)
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Stakeholders rarely have conflicting interests.

(True/False)
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Which of the following is not among the questions in the "Five Question Test"?

(Multiple Choice)
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Situational characteristics affect the degree to which we are willing to be influenced by others' unethical behavior

(True/False)
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_________ contend that morals can change based on time, the circumstances of the situation, and personal opinion.

(Multiple Choice)
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Most of the time, a combination of ethical guides must be used to achieve complex ethical outcomes.

(True/False)
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________ occurs when an individual's self-interest conflicts with behaving in the best interest of another when obligated to do so.

(Multiple Choice)
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Which of the following is not a thinking process to justify unethical behavior?

(Multiple Choice)
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To pass the virtues test, the behavior must be honest, be based on good character traits, and maintain one's integrity and relationships.

(True/False)
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To guide employee decision making and behavior, today few professional associations in the functional areas of business have codes of ethics.

(True/False)
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To pass the utilitarian test, a specific action will lead to more favorable consequences than any alternative decision.

(True/False)
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