Question 1

Business ethics looks at the decisions that businesses make or have to make and whether those decisions are right or wrong.

Accepted Answer

A) True 
 B)False

Question 2

The legality of an action is always clear.

Accepted Answer

A) True 
 B)False

Question 3

Ridgeline Excavation & Construction, LLC, creates an internal code of ethics. Like the codes of other firms, Ridgeline's company code is not

Accepted Answer

A)  law. 
B)  a set of rules that the company can enforce. 
C)  an outline of the company's policies. 
D)  a guide for decision makers facing ethical questions. 
A)  law. 
B)  a set of rules that the company can enforce. 
C)  an outline of the company's policies. 
D)  a guide for decision makers facing ethical questions.

Question 4

Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that

Accepted Answer

A)  agrees to produce goods at Team Logos's desired price. 
B)  goes unnoticed by "corporate watch" groups. 
C)  routinely violates labor and environmental standards. 
D)  pays its workers less than the U.S. minimum wage. 
A)  agrees to produce goods at Team Logos's desired price. 
B)  goes unnoticed by "corporate watch" groups. 
C)  routinely violates labor and environmental standards. 
D)  pays its workers less than the U.S. minimum wage.

Question 5

Peak & Vale Accountants provides other firms with accounting services.Questions of what is ethical involve the extent to which Peak & Vale 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 6

Ethics is the study of the principles that lead tofinancially successful conduct.

Accepted Answer

A) True 
 B)False

Question 7

According to utilitarianism, it does not matter how many people suffer a negative effect from an act.

Accepted Answer

A) True 
 B)False

Question 8

Palette Paints, 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. Palette Paints appears 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 9

In making decisions for Commercial Janitorial & Maintenance Services, Inc., Isaiah uses a cost-benefit analysis. This analysis is part of

Accepted Answer

A)  duty-based ethics. 
B)  Kantian ethics. 
C)  the principle of rights. 
D)  utilitarianism. 
A)  duty-based ethics. 
B)  Kantian ethics. 
C)  the principle of rights. 
D)  utilitarianism.

Question 10

Lucas is a business manager for Micro Manufacturing Company. Ethical dilemmas that Lucas is not likely to encounter include deciding

Accepted Answer

A)  the kind of pizza to order for a company meeting. 
B)  whether to lay off employees or take a loss in corporate profits. 
C)  whether to admonish an employee making rude jokes in the workplace. 
D)  what to tell a reporter about the recent drop in corporate stock prices. 
A)  the kind of pizza to order for a company meeting. 
B)  whether to lay off employees or take a loss in corporate profits. 
C)  whether to admonish an employee making rude jokes in the workplace. 
D)  what to tell a reporter about the recent drop in corporate stock prices.

Question 11

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 12

Donna works for eMarketing, Inc. Her job includes putting “spin” on the firm’s successes and failures. In this context, ethics has to do with how businesspersons, in making their decisions, apply

Accepted Answer

A) legal doctrine. 
B) moral and ethical principles. 
C) corporate guidelines. 
D) financial priorities. 
A) legal doctrine. 
B) moral and ethical principles. 
C) corporate guidelines. 
D) financial priorities.

Exam 9: Business Ethics

Business ethics looks at the decisions that businesses make or have to make and whether those decisions are right or wrong.

The legality of an action is always clear.

Ridgeline Excavation & Construction, LLC, creates an internal code of ethics. Like the codes of other firms, Ridgeline's company code is not

Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that

Peak & Vale Accountants provides other firms with accounting services.Questions of what is ethical involve the extent to which Peak & Vale has

Ethics is the study of the principles that lead tofinancially successful conduct.

According to utilitarianism, it does not matter how many people suffer a negative effect from an act.

Palette Paints, 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. Palette Paints appears to believe in the concept of

In making decisions for Commercial Janitorial & Maintenance Services, Inc., Isaiah uses a cost-benefit analysis. This analysis is part of

Lucas is a business manager for Micro Manufacturing Company. Ethical dilemmas that Lucas is not likely to encounter include deciding

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

Donna works for eMarketing, Inc. Her job includes putting “spin” on the firm’s successes and failures. In this context, ethics has to do with how businesspersons, in making their decisions, apply

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