Question 1

The minimum standard of ethical behavior can be thought of as

Accepted Answer

A)  following the Golden Rule. 
B)  adhering to the law. 
C)  living according to religious principles. 
D)  avoiding punishment. 
A)  following the Golden Rule. 
B)  adhering to the law. 
C)  living according to religious principles. 
D)  avoiding punishment.

Question 2

Researchers have found that many business people go through life thinking that they are objective.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following is not a source of a manager's values that is external to the firm?

Accepted Answer

A)  religion 
B)  philosophy 
C)  scientific 
D)  legal 
A)  religion 
B)  philosophy 
C)  scientific 
D)  legal

Question 4

The Wall Street financial scandals involved all the following except

Accepted Answer

A)  recklessness about risk 
B)  ethical lending 
C)  subprime lending calculations 
D)  greed 
A)  recklessness about risk 
B)  ethical lending 
C)  subprime lending calculations 
D)  greed

Question 5

Central variables that must be considered and balanced against each other to make wise and sensible decisions include all of the following except

Accepted Answer

A)  ethical responsibility. 
B)  likability. 
C)  legal responsibility. 
D)  economic responsibility. 
A)  ethical responsibility. 
B)  likability. 
C)  legal responsibility. 
D)  economic responsibility.

Question 6

Which of the following is not one of the major approaches to thinking about business ethics?

Accepted Answer

A)  conventional approach 
B)  rights and duties approach 
C)  principles approach 
D)  ethical tests approach 
A)  conventional approach 
B)  rights and duties approach 
C)  principles approach 
D)  ethical tests approach

Question 7

At the macro level, big business is being questioned for its:

Accepted Answer

A)  ethical challenges 
B)  legitimacy 
C)  individual activities 
D)  managerial relationships 
A)  ethical challenges 
B)  legitimacy 
C)  individual activities 
D)  managerial relationships

Question 8

The Enron Era brought about a broad range of legal and ethic charges that included all the following except

Accepted Answer

A)  securities fraud 
B)  conspiracy to inflate profits 
C)  corrupt corporate cultures 
D)  building company assets 
A)  securities fraud 
B)  conspiracy to inflate profits 
C)  corrupt corporate cultures 
D)  building company assets

Question 9

One of the functions of corporate governance is

Accepted Answer

A)  oversight of senior managers. 
B)  capital budgeting. 
C)  incorporating ethics into the strategic planning process. 
D)  monitoring executive bonuses. 
A)  oversight of senior managers. 
B)  capital budgeting. 
C)  incorporating ethics into the strategic planning process. 
D)  monitoring executive bonuses.

Question 10

The population hypothesis regarding ethical management models is

Accepted Answer

A)  the three models approximate a normal curve. 
B)  that the moral management model is the largest segment of the normal curve. 
C)  that the immoral management model is the largest segment of the normal curve. 
D)  the three models exhibit a skewed curve, weighted toward either moral or immoral management models, depending on the society being studied. 
A)  the three models approximate a normal curve. 
B)  that the moral management model is the largest segment of the normal curve. 
C)  that the immoral management model is the largest segment of the normal curve. 
D)  the three models exhibit a skewed curve, weighted toward either moral or immoral management models, depending on the society being studied.

Question 11

In making ethical judgments, it is usually easier to reach consensus on individual practical cases than it is to agree on broad principles.

Accepted Answer

A) True 
 B)False

Question 12

In Kohlberg's preconventional level of moral development, the individual's primary concern is for others.

Accepted Answer

A) True 
 B)False

Question 13

Immoral management implies that decision makers know right from wrong, but choose to do wrong.

Accepted Answer

A) True 
 B)False

Question 14

Over half of Americans say that business executives have high or very high ethics.

Accepted Answer

A) True 
 B)False

Question 15

Public opinion polls regarding business ethics are

Accepted Answer

A)  clearly tied to reactions to the latest scandals reported by the media. 
B)  reflective of actual business ethics currently in practice. 
C)  unrelated to actual business ethics practices. 
D)  difficult to assess because the media keeps ethics scandals in the public eye. 
A)  clearly tied to reactions to the latest scandals reported by the media. 
B)  reflective of actual business ethics currently in practice. 
C)  unrelated to actual business ethics practices. 
D)  difficult to assess because the media keeps ethics scandals in the public eye.

Question 16

Descriptive ethics is concerned with studying and describing the morality of a particular group of people.

Accepted Answer

A) True 
 B)False

Question 17

The ethical management model that conforms to high standards of behavior or professional standards of conduct is

Accepted Answer

A)  immoral management. 
B)  semi-moral management. 
C)  moral management. 
D)  amoral management. 
A)  immoral management. 
B)  semi-moral management. 
C)  moral management. 
D)  amoral management.

Question 18

The approach to business ethics in which we compare a decision or practice to prevailing norms of acceptability is the

Accepted Answer

A)  virtue approach. 
B)  principles approach. 
C)  conventional approach. 
D)  ethical tests approach. 
A)  virtue approach. 
B)  principles approach. 
C)  conventional approach. 
D)  ethical tests approach.

Question 19

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Accepted Answer

A)  fairness. 
B)  justice. 
C)  standards. 
D)  equality. 
A)  fairness. 
B)  justice. 
C)  standards. 
D)  equality.

Question 20

Provide a short answer to each of these questions. Be sure to fully explain your answer.
-What is the distinction that the textbook draws between ethics and morality?

Accepted Answer

Ethics is described as an academic disci

The minimum standard of ethical behavior can be thought of as

Researchers have found that many business people go through life thinking that they are objective.

Which of the following is not a source of a manager's values that is external to the firm?

The Wall Street financial scandals involved all the following except

Central variables that must be considered and balanced against each other to make wise and sensible decisions include all of the following except

Which of the following is not one of the major approaches to thinking about business ethics?

At the macro level, big business is being questioned for its:

The Enron Era brought about a broad range of legal and ethic charges that included all the following except

One of the functions of corporate governance is

The population hypothesis regarding ethical management models is

In making ethical judgments, it is usually easier to reach consensus on individual practical cases than it is to agree on broad principles.

In Kohlberg's preconventional level of moral development, the individual's primary concern is for others.

Immoral management implies that decision makers know right from wrong, but choose to do wrong.

Over half of Americans say that business executives have high or very high ethics.

Public opinion polls regarding business ethics are

Descriptive ethics is concerned with studying and describing the morality of a particular group of people.

The ethical management model that conforms to high standards of behavior or professional standards of conduct is

The approach to business ethics in which we compare a decision or practice to prevailing norms of acceptability is the

Provide a short answer to each of these questions. Be sure to fully explain your answer. -What is the distinction that the textbook draws between ethics and morality?

The Business and Society Relationship.

Corporate Social Responsibility, Citizenship, and Sustainability.

The Stakeholder Approach to Business, Society, and Ethics.

Corporate Governance: Foundational Issues.

Strategic Management and Corporate Public Affairs.

Risk, Issue, and Crisis Management.

Managerial and Organizational Ethics.

Business Ethics and Technology.

Ethical Issues in the Global Arena.

Business, Government, and Regulation.

Business Influence on Government and Public Policy.

Consumer Stakeholders: Information Issues

Consumer Stakeholders: Product and Service Issues.

Sustainability and the Natural Environment.

Business and Community Stakeholders.

Employee Stakeholders and Workplace Issues.

Employee Stakeholders: Privacy, Safety, and Health.

Employment Discrimination and Workplace Diversity

Filters

Exam 7: Business Ethics Essentials

The minimum standard of ethical behavior can be thought of as

Researchers have found that many business people go through life thinking that they are objective.

Which of the following is not a source of a manager's values that is external to the firm?

The Wall Street financial scandals involved all the following except

Central variables that must be considered and balanced against each other to make wise and sensible decisions include all of the following except

Which of the following is not one of the major approaches to thinking about business ethics?

At the macro level, big business is being questioned for its:

The Enron Era brought about a broad range of legal and ethic charges that included all the following except

One of the functions of corporate governance is

The population hypothesis regarding ethical management models is

In making ethical judgments, it is usually easier to reach consensus on individual practical cases than it is to agree on broad principles.

In Kohlberg's preconventional level of moral development, the individual's primary concern is for others.

Immoral management implies that decision makers know right from wrong, but choose to do wrong.

Over half of Americans say that business executives have high or very high ethics.

Public opinion polls regarding business ethics are

Descriptive ethics is concerned with studying and describing the morality of a particular group of people.

The ethical management model that conforms to high standards of behavior or professional standards of conduct is

The approach to business ethics in which we compare a decision or practice to prevailing norms of acceptability is the

​

Provide a short answer to each of these questions. Be sure to fully explain your answer. -What is the distinction that the textbook draws between ethics and morality?

The Business and Society Relationship.

Corporate Social Responsibility, Citizenship, and Sustainability.

The Stakeholder Approach to Business, Society, and Ethics.

Corporate Governance: Foundational Issues.

Strategic Management and Corporate Public Affairs.

Risk, Issue, and Crisis Management.

Managerial and Organizational Ethics.

Business Ethics and Technology.

Ethical Issues in the Global Arena.

Business, Government, and Regulation.

Business Influence on Government and Public Policy.

Consumer Stakeholders: Information Issues

Consumer Stakeholders: Product and Service Issues.

Sustainability and the Natural Environment.

Business and Community Stakeholders.

Employee Stakeholders and Workplace Issues.

Employee Stakeholders: Privacy, Safety, and Health.

Employment Discrimination and Workplace Diversity

Filters