Question 1

As CEO of Alabama Archery Supplies, Bertrand applies ethical standards derived from religious principles. For businesses, religious principles can be​

Accepted Answer

A)  ​a unifying force for employees. 
B)  ​all of the choices. 
C)  ​a rallying point to increase employee motivation. 
D)  ​the basis for an action that leads to negative publicity. 
A)  ​a unifying force for employees. 
B)  ​all of the choices. 
C)  ​a rallying point to increase employee motivation. 
D)  ​the basis for an action that leads to negative publicity.

Question 2

Metal Fabrication, Inc. expends funds and takes steps to ensure that all employees are safe on the job, that all products are safe for consumers, and that the environmental impact of the corporation is minimal. Metal's owners and management appear to believe in the concept of​

Accepted Answer

A)  ​the moral minimum. 
B)  ​corporate social responsibility. 
C)  ​the categorical imperative. 
D)  ​utilitarianism. 
A)  ​the moral minimum. 
B)  ​corporate social responsibility. 
C)  ​the categorical imperative. 
D)  ​utilitarianism.

Question 3

Ross, a research manager for Stock & Bond Investments, Inc., adheres to utilitarian ethics. Ross will determine that an action is morally correct when it produces the greatest good for​

Accepted Answer

A)  ​Ross. 
B)  ​Stock & Bond Investments. 
C)  ​the fewest people. 
D)  ​the most people. 
A)  ​Ross. 
B)  ​Stock & Bond Investments. 
C)  ​the fewest people. 
D)  ​the most people.

Question 4

Corporate Security Company provides other firms with security services. Questions of what is ethical involve the extent to which Corporate Security has​

Accepted Answer

A)  ​a legal duty beyond those duties mandated by ethics. 
B)  ​an ethical duty beyond those duties mandated by law. 
C)  ​any duty beyond those mandated by both ethics and the law. 
D)  ​any duty when it is uncertain whether a legal duty exists. 
A)  ​a legal duty beyond those duties mandated by ethics. 
B)  ​an ethical duty beyond those duties mandated by law. 
C)  ​any duty beyond those mandated by both ethics and the law. 
D)  ​any duty when it is uncertain whether a legal duty exists.

Question 5

Focusing on a firm's short-run profits without considering the company's long-term needs may be acting unethically.​

Accepted Answer

A) True 
 B)False

Question 6

Morgan and other executive officers of Regional Economic Development Associates, Inc., apply the utilitarian theory of ethics in business contexts. Utilitarianism focuses on​

Accepted Answer

A)  ​moral values. 
B)  ​religious beliefs. 
C)  ​the consequences of an action. 
D)  ​the nature of an action. 
A)  ​moral values. 
B)  ​religious beliefs. 
C)  ​the consequences of an action. 
D)  ​the nature of an action.

Question 7

In ethical terms, a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals.​

Accepted Answer

A) True 
 B)False

Question 8

Religious rules generally are absolute with respect to the behavior of their adherents.​

Accepted Answer

A) True 
 B)False

Question 9

Companies are required to set up confidential systems so that employees can "raise red flags" about suspected illegal or unethical accounting practices.​

Accepted Answer

A) True 
 B)False

Question 10

Few companies provide any kind of support such as ethical training programs to make their ethical codes more effective.​

Accepted Answer

A) True 
 B)False

Question 11

Effective corporate ethical policies must be clearly communicated to employees.​

Accepted Answer

A) True 
 B)False

Question 12

Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Compliance with these laws is not always sufficient to determine "right" behavior because​

Accepted Answer

A)  ​the law does not codify all ethical requirements. 
B)  ​company codes are also sources of law. 
C)  ​business decisions can have negative impacts. 
D)  ​ethical problems occur in business. 
A)  ​the law does not codify all ethical requirements. 
B)  ​company codes are also sources of law. 
C)  ​business decisions can have negative impacts. 
D)  ​ethical problems occur in business.

Question 13

In attempting to maximize profits, executives and employees of Capital Solutions, Inc., and other corporations have to distinguish between short-run and long-run profit maximization. Business ethics is consistent only with​

Accepted Answer

A)  ​long-run profit maximization. 
B)  ​short-run profit maximization. 
C)  ​no consideration of profits whatsoever. 
D)  ​strict adherence to the goal of profit maximization. 
A)  ​long-run profit maximization. 
B)  ​short-run profit maximization. 
C)  ​no consideration of profits whatsoever. 
D)  ​strict adherence to the goal of profit maximization.

Question 14

Codes of ethical conduct can indicate how employees are expected to act.​

Accepted Answer

A) True 
 B)False

Question 15

Management's behavior sets the ethical tone of a firm.​

Accepted Answer

A) True 
 B)False

Question 16

In making business decisions, Glenda, personnel manager for HVAC Maintenance, Inc., applies her belief that all persons have fundamental rights. This is​

Accepted Answer

A)  ​a religious rule. 
B)  ​the categorical imperative. 
C)  ​the principle of rights. 
D)  ​utilitarianism. 
A)  ​a religious rule. 
B)  ​the categorical imperative. 
C)  ​the principle of rights. 
D)  ​utilitarianism.

Question 17

Brick & Mortar Construction & Masonry Corporation's ethics committee is asked a question: Should the firm bid low to obtain a contract that it knows it can fulfill only at a higher price? A practical method of investigating and answering this question involves all of the following steps except​

Accepted Answer

A)  ​absolution. 
B)  ​decision. 
C)  ​inquiry. 
D)  ​justification. 
A)  ​absolution. 
B)  ​decision. 
C)  ​inquiry. 
D)  ​justification.

Question 18

In a corporation, managers are often faced with ethical trade-offs when a certain decision will benefit one group, but harm another.​

Accepted Answer

A) True 
 B)False

Question 19

Duty-based ethical standards often come from religious precepts.

Accepted Answer

A) True 
 B)False

Question 20

Mary works in the accounting department of New Trends Sales Company. Her job includes reviewing expense reports submitted by management and employees. In determining which expenses are "padding," Mary should apply to management​

Accepted Answer

A)  ​a different set of principles from those that apply to employees. 
B)  ​the same ethical principles that apply to employees. 
C)  ​those principles that produce the most favorable financial outcome. 
D)  ​whatever result is in the best interest of New Trends. 
A)  ​a different set of principles from those that apply to employees. 
B)  ​the same ethical principles that apply to employees. 
C)  ​those principles that produce the most favorable financial outcome. 
D)  ​whatever result is in the best interest of New Trends.

As CEO of Alabama Archery Supplies, Bertrand applies ethical standards derived from religious principles. For businesses, religious principles can be

Metal Fabrication, Inc. expends funds and takes steps to ensure that all employees are safe on the job, that all products are safe for consumers, and that the environmental impact of the corporation is minimal. Metal's owners and management appear to believe in the concept of

Ross, a research manager for Stock & Bond Investments, Inc., adheres to utilitarian ethics. Ross will determine that an action is morally correct when it produces the greatest good for

Corporate Security Company provides other firms with security services. Questions of what is ethical involve the extent to which Corporate Security has

Focusing on a firm's short-run profits without considering the company's long-term needs may be acting unethically.

Morgan and other executive officers of Regional Economic Development Associates, Inc., apply the utilitarian theory of ethics in business contexts. Utilitarianism focuses on

In ethical terms, a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals.

Religious rules generally are absolute with respect to the behavior of their adherents.

Companies are required to set up confidential systems so that employees can "raise red flags" about suspected illegal or unethical accounting practices.

Few companies provide any kind of support such as ethical training programs to make their ethical codes more effective.

Effective corporate ethical policies must be clearly communicated to employees.

Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Compliance with these laws is not always sufficient to determine "right" behavior because

In attempting to maximize profits, executives and employees of Capital Solutions, Inc., and other corporations have to distinguish between short-run and long-run profit maximization. Business ethics is consistent only with

Codes of ethical conduct can indicate how employees are expected to act.

Management's behavior sets the ethical tone of a firm.

In making business decisions, Glenda, personnel manager for HVAC Maintenance, Inc., applies her belief that all persons have fundamental rights. This is

Brick & Mortar Construction & Masonry Corporation's ethics committee is asked a question: Should the firm bid low to obtain a contract that it knows it can fulfill only at a higher price? A practical method of investigating and answering this question involves all of the following steps except

In a corporation, managers are often faced with ethical trade-offs when a certain decision will benefit one group, but harm another.

Duty-based ethical standards often come from religious precepts.

Mary works in the accounting department of New Trends Sales Company. Her job includes reviewing expense reports submitted by management and employees. In determining which expenses are "padding," Mary should apply to management

Law and Legal Reasoning

Business and the Constitution

Courts and Alternative Dispute Resolution

Tort Law

Criminal Law and Cyber Crime

Nature and Terminology

Agreement in Traditional and E-Contracts

Consideration, Capacity, and Legality

Defenses to Contract Enforceability

Third Party Rights and Discharge

Breach of Contract and Remedies

Intellectual Property Rights

Internet Law, Social Media, and Privacy

The Formation of Sales and Lease Contracts

Performance, Breach, and Warranties of Sales and Lease Contracts

Agency Relationships in Business

Small Businesses and Limited Liability Companies

Corporations

Filters

Exam 6: Business Ethics

As CEO of Alabama Archery Supplies, Bertrand applies ethical standards derived from religious principles. For businesses, religious principles can be​

Metal Fabrication, Inc. expends funds and takes steps to ensure that all employees are safe on the job, that all products are safe for consumers, and that the environmental impact of the corporation is minimal. Metal's owners and management appear to believe in the concept of​

Ross, a research manager for Stock & Bond Investments, Inc., adheres to utilitarian ethics. Ross will determine that an action is morally correct when it produces the greatest good for​

Corporate Security Company provides other firms with security services. Questions of what is ethical involve the extent to which Corporate Security has​

Focusing on a firm's short-run profits without considering the company's long-term needs may be acting unethically.​

Morgan and other executive officers of Regional Economic Development Associates, Inc., apply the utilitarian theory of ethics in business contexts. Utilitarianism focuses on​

In ethical terms, a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals.​

Religious rules generally are absolute with respect to the behavior of their adherents.​

Companies are required to set up confidential systems so that employees can "raise red flags" about suspected illegal or unethical accounting practices.​

Few companies provide any kind of support such as ethical training programs to make their ethical codes more effective.​

Effective corporate ethical policies must be clearly communicated to employees.​

Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Compliance with these laws is not always sufficient to determine "right" behavior because​

In attempting to maximize profits, executives and employees of Capital Solutions, Inc., and other corporations have to distinguish between short-run and long-run profit maximization. Business ethics is consistent only with​

Codes of ethical conduct can indicate how employees are expected to act.​

Management's behavior sets the ethical tone of a firm.​

In making business decisions, Glenda, personnel manager for HVAC Maintenance, Inc., applies her belief that all persons have fundamental rights. This is​

Brick & Mortar Construction & Masonry Corporation's ethics committee is asked a question: Should the firm bid low to obtain a contract that it knows it can fulfill only at a higher price? A practical method of investigating and answering this question involves all of the following steps except​

In a corporation, managers are often faced with ethical trade-offs when a certain decision will benefit one group, but harm another.​

Duty-based ethical standards often come from religious precepts.

Mary works in the accounting department of New Trends Sales Company. Her job includes reviewing expense reports submitted by management and employees. In determining which expenses are "padding," Mary should apply to management​

Law and Legal Reasoning

Business and the Constitution

Courts and Alternative Dispute Resolution

Tort Law

Criminal Law and Cyber Crime

Nature and Terminology

Agreement in Traditional and E-Contracts

Consideration, Capacity, and Legality

Defenses to Contract Enforceability

Third Party Rights and Discharge

Breach of Contract and Remedies

Intellectual Property Rights

Internet Law, Social Media, and Privacy

The Formation of Sales and Lease Contracts

Performance, Breach, and Warranties of Sales and Lease Contracts

Agency Relationships in Business

Small Businesses and Limited Liability Companies

Corporations

Filters

As CEO of Alabama Archery Supplies, Bertrand applies ethical standards derived from religious principles. For businesses, religious principles can be

Metal Fabrication, Inc. expends funds and takes steps to ensure that all employees are safe on the job, that all products are safe for consumers, and that the environmental impact of the corporation is minimal. Metal's owners and management appear to believe in the concept of

Ross, a research manager for Stock & Bond Investments, Inc., adheres to utilitarian ethics. Ross will determine that an action is morally correct when it produces the greatest good for

Corporate Security Company provides other firms with security services. Questions of what is ethical involve the extent to which Corporate Security has

Focusing on a firm's short-run profits without considering the company's long-term needs may be acting unethically.

Morgan and other executive officers of Regional Economic Development Associates, Inc., apply the utilitarian theory of ethics in business contexts. Utilitarianism focuses on

In ethical terms, a cost-benefit analysis is an assessment of the negative and positive effects of alternative actions on individuals.

Religious rules generally are absolute with respect to the behavior of their adherents.

Companies are required to set up confidential systems so that employees can "raise red flags" about suspected illegal or unethical accounting practices.

Few companies provide any kind of support such as ethical training programs to make their ethical codes more effective.

Effective corporate ethical policies must be clearly communicated to employees.

Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Compliance with these laws is not always sufficient to determine "right" behavior because

In attempting to maximize profits, executives and employees of Capital Solutions, Inc., and other corporations have to distinguish between short-run and long-run profit maximization. Business ethics is consistent only with

Codes of ethical conduct can indicate how employees are expected to act.

Management's behavior sets the ethical tone of a firm.

In making business decisions, Glenda, personnel manager for HVAC Maintenance, Inc., applies her belief that all persons have fundamental rights. This is

Brick & Mortar Construction & Masonry Corporation's ethics committee is asked a question: Should the firm bid low to obtain a contract that it knows it can fulfill only at a higher price? A practical method of investigating and answering this question involves all of the following steps except

In a corporation, managers are often faced with ethical trade-offs when a certain decision will benefit one group, but harm another.

Mary works in the accounting department of New Trends Sales Company. Her job includes reviewing expense reports submitted by management and employees. In determining which expenses are "padding," Mary should apply to management