Question 1

Unethical behavior:

Accepted Answer

A)  reduces a company's inefficiency. 
B)  decreases a company's ineffectiveness. 
C)  reduces a company's performance. 
D)  increases the national standard of living. 
E)  increases national well-being and prosperity. 
A)  reduces a company's inefficiency. 
B)  decreases a company's ineffectiveness. 
C)  reduces a company's performance. 
D)  increases the national standard of living. 
E)  increases national well-being and prosperity.

Question 2

Standards that govern how members of a society should deal with one another in matters involving issues such as fairness, justice, poverty, and individual rights are called:

Accepted Answer

A)  societal ethics. 
B)  occupational ethics. 
C)  individual ethics. 
D)  organizational ethics. 
E)  governmental ethics. 
A)  societal ethics. 
B)  occupational ethics. 
C)  individual ethics. 
D)  organizational ethics. 
E)  governmental ethics.

Question 3

Suppose you are an accountant for a large publicly traded company. You have discovered an error in the financial records that makes the company look more profitable. Explain how the practical rule discussed in the text would be applied to this situation.

Accepted Answer

not answered
Explanation:The four ethica

Question 4

The esteem or high repute that individuals or organizations gain when they behave ethically is called _____.

Accepted Answer

A)  trust 
B)  reputation 
C)  social responsibility 
D)  moral standing 
E)  emotional value 
A)  trust 
B)  reputation 
C)  social responsibility 
D)  moral standing 
E)  emotional value

Question 5

WorldCom gave managers stock options and bonuses even when the company performance was declining, and managers sold their stock in advance of other stockholders. This illustrates the _____ approach.

Accepted Answer

A)  accommodative 
B)  proactive 
C)  defensive 
D)  obstructionist 
E)  offensive 
A)  accommodative 
B)  proactive 
C)  defensive 
D)  obstructionist 
E)  offensive

Question 6

Which approach to social responsibility is being implemented by a company that actively embraces the need to behave in socially responsible ways?

Accepted Answer

A)  Proactive 
B)  Accommodative 
C)  Obstructionist 
D)  Defensive 
E)  Assertive 
A)  Proactive 
B)  Accommodative 
C)  Obstructionist 
D)  Defensive 
E)  Assertive

Question 7

Under the _____ rule, an ethical decision is one that best maintains people's fundamental privileges.

Accepted Answer

A)  justice 
B)  moral rights 
C)  utilitarian 
D)  practical 
E)  moral scruples 
A)  justice 
B)  moral rights 
C)  utilitarian 
D)  practical 
E)  moral scruples

Question 8

In today's business world, top executives are receiving large salaries and unbelievable stock options. Is it ethical for managers to receive these amounts? Argue both sides of this question.

Accepted Answer

not answered
Explanation:Whole Foods Mar

Question 9

Which of the following statements is true about stockholders?

Accepted Answer

A)  They are often regarded as the most critical stakeholder group because if a company cannot attract them to buy its products, it cannot stay in business. 
B)  They are least interested in the company's profits. 
C)  They bear the responsibility to decide which goals an organization should pursue to most benefit stakeholders and how to make the most efficient use of resources to achieve those goals. 
D)  They are responsible for using a company's financial, capital, and human resources to increase its performance and thus its stock price. 
E)  They have a claim on a company because when they buy its stock or shares, they become its owners. 
A)  They are often regarded as the most critical stakeholder group because if a company cannot attract them to buy its products, it cannot stay in business. 
B)  They are least interested in the company's profits. 
C)  They bear the responsibility to decide which goals an organization should pursue to most benefit stakeholders and how to make the most efficient use of resources to achieve those goals. 
D)  They are responsible for using a company's financial, capital, and human resources to increase its performance and thus its stock price. 
E)  They have a claim on a company because when they buy its stock or shares, they become its owners.

Question 10

The people and groups affected by how a company and its managers behave are called its stakeholders.

Accepted Answer

A) True 
 B)False

Question 11

Though laws often change, ethical principles remain constant and do not change over time.

Accepted Answer

A) True 
 B)False

Question 12

Give specific examples of stakeholders of each major type that exist in your college or high school.

Accepted Answer

not answered
Explanation:The major types

Question 13

_____ encourage employees to behave in a socially responsible manner.

Accepted Answer

A)  Stakeholder claims 
B)  Conflicting interpersonal relations 
C)  Tougher selection processes 
D)  Ethical organizational cultures 
E)  High compensation benefits 
A)  Stakeholder claims 
B)  Conflicting interpersonal relations 
C)  Tougher selection processes 
D)  Ethical organizational cultures 
E)  High compensation benefits

Question 14

Bryan is the manager of a company which has been judged as having the best corporate reputation for two years in a row, based on a survey of countrywide consumers. This company is well known for its:

Accepted Answer

A)  compensation benefits. 
B)  ethical culture. 
C)  selection process. 
D)  goal-setting process. 
E)  strong leadership. 
A)  compensation benefits. 
B)  ethical culture. 
C)  selection process. 
D)  goal-setting process. 
E)  strong leadership.

Question 15

People typically confront ethical issues when weighing their personal interests against the effects of their actions on others.

Accepted Answer

A) True 
 B)False

Question 16

Phil has noticed that his operations manager has been practicing unethical means to reap personal benefits at the expense of the company's customers. He will most likely approach the _____ to report the matter without fear of retribution.

Accepted Answer

A)  CEO 
B)  HR manager 
C)  consumer court 
D)  legal advisor 
E)  ethics ombudsperson 
A)  CEO 
B)  HR manager 
C)  consumer court 
D)  legal advisor 
E)  ethics ombudsperson

Question 17

Describe the four rules of ethical decision making and discuss their managerial implications.

Accepted Answer

not answered
Explanation:The four rules

Question 18

When one person starts to profit by behaving unethically, it encourages other people to act in the same way.

Accepted Answer

A) True 
 B)False

Question 19

Discuss the idea that ethics may change over time. Give an example of an ethical value that may be changing in the culture in which you presently live. Explain.

Accepted Answer

not answered
Explanation:Ethic

Question 20

Web sites like Napster demonstrate that the pursuit of self-interest can lead to a collective disaster when one or more people start to profit from being unethical because this encourages other people to act in the same way. This exemplifies a situation known as the _____.

Accepted Answer

A)  "race to the bottom" 
B)  "tragedy of the commons" 
C)  "prisoner's dilemma" 
D)  "war of attrition" 
E)  "market for lemons" 
A)  "race to the bottom" 
B)  "tragedy of the commons" 
C)  "prisoner's dilemma" 
D)  "war of attrition" 
E)  "market for lemons"

Unethical behavior:

Standards that govern how members of a society should deal with one another in matters involving issues such as fairness, justice, poverty, and individual rights are called:

Suppose you are an accountant for a large publicly traded company. You have discovered an error in the financial records that makes the company look more profitable. Explain how the practical rule discussed in the text would be applied to this situation.

The esteem or high repute that individuals or organizations gain when they behave ethically is called _____.

WorldCom gave managers stock options and bonuses even when the company performance was declining, and managers sold their stock in advance of other stockholders. This illustrates the _____ approach.

Which approach to social responsibility is being implemented by a company that actively embraces the need to behave in socially responsible ways?

Under the _____ rule, an ethical decision is one that best maintains people's fundamental privileges.

In today's business world, top executives are receiving large salaries and unbelievable stock options. Is it ethical for managers to receive these amounts? Argue both sides of this question.

Which of the following statements is true about stockholders?

The people and groups affected by how a company and its managers behave are called its stakeholders.

Though laws often change, ethical principles remain constant and do not change over time.

Give specific examples of stakeholders of each major type that exist in your college or high school.

_____ encourage employees to behave in a socially responsible manner.

Bryan is the manager of a company which has been judged as having the best corporate reputation for two years in a row, based on a survey of countrywide consumers. This company is well known for its:

People typically confront ethical issues when weighing their personal interests against the effects of their actions on others.

Phil has noticed that his operations manager has been practicing unethical means to reap personal benefits at the expense of the company's customers. He will most likely approach the _____ to report the matter without fear of retribution.

Describe the four rules of ethical decision making and discuss their managerial implications.

When one person starts to profit by behaving unethically, it encourages other people to act in the same way.

Discuss the idea that ethics may change over time. Give an example of an ethical value that may be changing in the culture in which you presently live. Explain.

Web sites like Napster demonstrate that the pursuit of self-interest can lead to a collective disaster when one or more people start to profit from being unethical because this encourages other people to act in the same way. This exemplifies a situation known as the _____.

Managers and Managing

The Evolution of Management

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Managing Diverse Employees in a Multicultural Environment

Managing in the Global Environment

Decision Making, Learning, Creativity, and Entrepreneurship

The Manager As a Planner and a Strategist

Value Chain Management: Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Used Advanced Information Technology to Increase Performance

Filters

Exam 4: Ethics and Social Responsibility

Unethical behavior:

Standards that govern how members of a society should deal with one another in matters involving issues such as fairness, justice, poverty, and individual rights are called:

Suppose you are an accountant for a large publicly traded company. You have discovered an error in the financial records that makes the company look more profitable. Explain how the practical rule discussed in the text would be applied to this situation.

The esteem or high repute that individuals or organizations gain when they behave ethically is called _____.

WorldCom gave managers stock options and bonuses even when the company performance was declining, and managers sold their stock in advance of other stockholders. This illustrates the _____ approach.

Which approach to social responsibility is being implemented by a company that actively embraces the need to behave in socially responsible ways?

Under the _____ rule, an ethical decision is one that best maintains people's fundamental privileges.

In today's business world, top executives are receiving large salaries and unbelievable stock options. Is it ethical for managers to receive these amounts? Argue both sides of this question.

Which of the following statements is true about stockholders?

The people and groups affected by how a company and its managers behave are called its stakeholders.

Though laws often change, ethical principles remain constant and do not change over time.

Give specific examples of stakeholders of each major type that exist in your college or high school.

_____ encourage employees to behave in a socially responsible manner.

Bryan is the manager of a company which has been judged as having the best corporate reputation for two years in a row, based on a survey of countrywide consumers. This company is well known for its:

People typically confront ethical issues when weighing their personal interests against the effects of their actions on others.

Phil has noticed that his operations manager has been practicing unethical means to reap personal benefits at the expense of the company's customers. He will most likely approach the _____ to report the matter without fear of retribution.

Describe the four rules of ethical decision making and discuss their managerial implications.

When one person starts to profit by behaving unethically, it encourages other people to act in the same way.

Discuss the idea that ethics may change over time. Give an example of an ethical value that may be changing in the culture in which you presently live. Explain.

Web sites like Napster demonstrate that the pursuit of self-interest can lead to a collective disaster when one or more people start to profit from being unethical because this encourages other people to act in the same way. This exemplifies a situation known as the _____.

Managers and Managing

The Evolution of Management

Values, Attitudes, Emotions, and Culture: The Manager As a Person

Managing Diverse Employees in a Multicultural Environment

Managing in the Global Environment

Decision Making, Learning, Creativity, and Entrepreneurship

The Manager As a Planner and a Strategist

Value Chain Management: Functional Strategies for Competitive Advantage

Managing Organizational Structure and Culture

Organizational Control and Change

Human Resource Management

Motivation Performance

Leadership

Effective Groups and Teams

Promoting Effective Communication

Managing Conflict, Politics, and Negotiation

Used Advanced Information Technology to Increase Performance

Filters