Question 1

The Boston Tea Party was a response to which of the following British policies?

Accepted Answer

A)  monopolistic business practices 
B)  attempts to limit religious freedoms 
C)  attempts to limit the rights of indigenous people 
D)  all of the above 
E)  none of the above 
A)  monopolistic business practices 
B)  attempts to limit religious freedoms 
C)  attempts to limit the rights of indigenous people 
D)  all of the above 
E)  none of the above A

Question 2

The Federal Sentencing Guidelines,issued in 1991,were an attempt by the government to:

Accepted Answer

A)  mandate policies and procedures that reinforce ethical behavior 
B)  require widespread consumer protections 
C)  require widespread worker protections 
D)  encourage managers to implement policies and procedures that reinforce ethical behavior 
E)  none of the above 
A)  mandate policies and procedures that reinforce ethical behavior 
B)  require widespread consumer protections 
C)  require widespread worker protections 
D)  encourage managers to implement policies and procedures that reinforce ethical behavior 
E)  none of the above D

Question 3

Which of the following were not among the benefits early capitalists associated with a free and competitive market economy?

Accepted Answer

A)  more goods and services 
B)  lower prices 
C)  better-quality products 
D)  greater labor flexibility 
E)  higher tax revenues 
A)  more goods and services 
B)  lower prices 
C)  better-quality products 
D)  greater labor flexibility 
E)  higher tax revenues E

Question 4

Identify and define at least four major issues surrounding labor rights in the U.S.capitalist economy,from the founding of the United States through recent history including the 2009 federal bailout.

Accepted Answer

May include slavery,strikes and the rise

Question 5

Christopher Columbus's voyage from Europe was motivated by a desire to discover resources in other areas of the world.

Accepted Answer

A) True 
 B)False

Question 6

The establishment of __________________ was an early victory for labor unions,resulting from strikes across the nation in 1886.

Accepted Answer

A)  fair wages 
B)  the eight-hour work day 
C)  equal pay for all workers 
D)  all of the above 
E)  none of the above 
A)  fair wages 
B)  the eight-hour work day 
C)  equal pay for all workers 
D)  all of the above 
E)  none of the above

Question 7

On July 4,1776,colonial leaders declared political independence from Britain,an act of treason punishable by death.

Accepted Answer

A) True 
 B)False

Question 8

Adam Smith argued that free people naturally disregard the interests of others.

Accepted Answer

A) True 
 B)False

Question 9

The 1935 passage of which law legally obligated employers to negotiate with duly elected unions and codified regulations governing the process for forming a union?

Accepted Answer

A)  the National Labor Relations Act (NLR
A)  
B)  the Sherman Antitrust Act (SA
A)  
C)  the Taft Hartley Act (TF
A)  
D)  the National Strike Act (NS
A)  
E)  none of the above 
A)  the National Labor Relations Act (NLR
A)  
B)  the Sherman Antitrust Act (SA
A)  
C)  the Taft Hartley Act (TF
A)  
D)  the National Strike Act (NS
A)  
E)  none of the above

Question 10

The Pilgrim settlement at modern-day Plymouth,Massachusetts,was a business venture established as a trading colony.

Accepted Answer

A) True 
 B)False

Question 11

First developed in the late 1880s in response to increasing corporate complexity and growth,the concept of __________________ refers to laws protecting individual shareholders from financial liability if businesses are sued or fail.

Accepted Answer

A)  antitrust legislation 
B)  limited liability 
C)  antitrust acts 
D)  all of the above 
E)  none of the above 
A)  antitrust legislation 
B)  limited liability 
C)  antitrust acts 
D)  all of the above 
E)  none of the above

Question 12

Adam Smith argued that "wealth of nations" resulted from which of the following?

Accepted Answer

A)  freedom and competition 
B)  economic self-interest 
C)  capitalist economic systems 
D)  all of the above 
E)  none of the above 
A)  freedom and competition 
B)  economic self-interest 
C)  capitalist economic systems 
D)  all of the above 
E)  none of the above

Question 13

Though many union organizers have lived sacrificial lives for the well-being of others and emphasized non-violence,some union activity has been hampered by the stigmas of violence and corruption.

Accepted Answer

A) True 
 B)False

Question 14

In 2009,the federal government tried to determine "fair compensation" for top executives that accepted federal bailout funds by:

Accepted Answer

A)  limiting the total amount of compensation 
B)  regulating stock options 
C)  mandating lump sum payments 
D)  requiring cash bonuses 
E)  none of the above 
A)  limiting the total amount of compensation 
B)  regulating stock options 
C)  mandating lump sum payments 
D)  requiring cash bonuses 
E)  none of the above

Question 15

The Industrial Revolution was characterized by which of the following?

Accepted Answer

A)  religious freedom 
B)  development of ammunitions 
C)  technological innovation 
D)  all of the above 
E)  none of the above 
A)  religious freedom 
B)  development of ammunitions 
C)  technological innovation 
D)  all of the above 
E)  none of the above

Question 16

U.S.-born _______________ unionized immigrant farm workers in California and led a 10-year nationwide boycott against grapes picked by nonunion workers.

Accepted Answer

A)  Che Guevera 
B)  Cesar Chavez 
C)  Samuel Gompers 
D)  Taft Hartley 
E)  none of the above 
A)  Che Guevera 
B)  Cesar Chavez 
C)  Samuel Gompers 
D)  Taft Hartley 
E)  none of the above

Question 17

The ________________,chartered by King James,searched for gold and gems and led trading in furs and spices in the Roanoke Islands.

Accepted Answer

A)  Columbus excursions 
B)  Jamestown settlements 
C)  Virginia Company of London 
D)  American Charters 
E)  none of the above 
A)  Columbus excursions 
B)  Jamestown settlements 
C)  Virginia Company of London 
D)  American Charters 
E)  none of the above

Question 18

Government intervention in the marketplace,Smith reasoned,is needed under only which of the following conditions:

Accepted Answer

A)  when contracts are violated 
B)  when merchants abuse their freedom by committing injustices against others 
C)  when the pursuit of self-interest does not generate highly desired social welfare benefits 
D)  all of the above 
E)  none of the above 
A)  when contracts are violated 
B)  when merchants abuse their freedom by committing injustices against others 
C)  when the pursuit of self-interest does not generate highly desired social welfare benefits 
D)  all of the above 
E)  none of the above

Question 19

_____________________ were laborers who served their masters for several years in exchange for transportation,food,clothing,lodging,and eventual freedom.

Accepted Answer

A)  slaves 
B)  settlers 
C)  indentured servants 
D)  Pilgrims 
E)  none of the above 
A)  slaves 
B)  settlers 
C)  indentured servants 
D)  Pilgrims 
E)  none of the above

Question 20

U.S.capitalism,by definition,avoids ethical dilemmas arising from exploitation of laborers.

Accepted Answer

A) True 
 B)False

The Boston Tea Party was a response to which of the following British policies?

The Federal Sentencing Guidelines,issued in 1991,were an attempt by the government to:

Which of the following were not among the benefits early capitalists associated with a free and competitive market economy?

Identify and define at least four major issues surrounding labor rights in the U.S.capitalist economy,from the founding of the United States through recent history including the 2009 federal bailout.

Christopher Columbus's voyage from Europe was motivated by a desire to discover resources in other areas of the world.

The establishment of __________________ was an early victory for labor unions,resulting from strikes across the nation in 1886.

On July 4,1776,colonial leaders declared political independence from Britain,an act of treason punishable by death.

Adam Smith argued that free people naturally disregard the interests of others.

The 1935 passage of which law legally obligated employers to negotiate with duly elected unions and codified regulations governing the process for forming a union?

The Pilgrim settlement at modern-day Plymouth,Massachusetts,was a business venture established as a trading colony.

First developed in the late 1880s in response to increasing corporate complexity and growth,the concept of __________________ refers to laws protecting individual shareholders from financial liability if businesses are sued or fail.

Adam Smith argued that "wealth of nations" resulted from which of the following?

Though many union organizers have lived sacrificial lives for the well-being of others and emphasized non-violence,some union activity has been hampered by the stigmas of violence and corruption.

In 2009,the federal government tried to determine "fair compensation" for top executives that accepted federal bailout funds by:

The Industrial Revolution was characterized by which of the following?

U.S.-born _______________ unionized immigrant farm workers in California and led a 10-year nationwide boycott against grapes picked by nonunion workers.

The ________________,chartered by King James,searched for gold and gems and led trading in furs and spices in the Roanoke Islands.

Government intervention in the marketplace,Smith reasoned,is needed under only which of the following conditions:

_____________________ were laborers who served their masters for several years in exchange for transportation,food,clothing,lodging,and eventual freedom.

U.S.capitalism,by definition,avoids ethical dilemmas arising from exploitation of laborers.

Unethical Behaviors in Organizations and Human Nature

Hiring Ethical People

Codes of Ethics and Codes of Conduct

Ethical Decision Making

Ethics Training

Respecting Employee Diversity

Ethics Reporting Systems

Managers as Ethical Leaders and Role Models

Engaging and Empowering Ethical Employees

Environmental Management

Community Outreach and Respect

Filters

Exam 2: A Historical Perspective on Business Ethics

The Boston Tea Party was a response to which of the following British policies?

The Federal Sentencing Guidelines,issued in 1991,were an attempt by the government to:

Which of the following were not among the benefits early capitalists associated with a free and competitive market economy?

Identify and define at least four major issues surrounding labor rights in the U.S.capitalist economy,from the founding of the United States through recent history including the 2009 federal bailout.

Christopher Columbus's voyage from Europe was motivated by a desire to discover resources in other areas of the world.

The establishment of __________________ was an early victory for labor unions,resulting from strikes across the nation in 1886.

On July 4,1776,colonial leaders declared political independence from Britain,an act of treason punishable by death.

Adam Smith argued that free people naturally disregard the interests of others.

The 1935 passage of which law legally obligated employers to negotiate with duly elected unions and codified regulations governing the process for forming a union?

The Pilgrim settlement at modern-day Plymouth,Massachusetts,was a business venture established as a trading colony.

First developed in the late 1880s in response to increasing corporate complexity and growth,the concept of __________________ refers to laws protecting individual shareholders from financial liability if businesses are sued or fail.

Adam Smith argued that "wealth of nations" resulted from which of the following?

Though many union organizers have lived sacrificial lives for the well-being of others and emphasized non-violence,some union activity has been hampered by the stigmas of violence and corruption.

In 2009,the federal government tried to determine "fair compensation" for top executives that accepted federal bailout funds by:

The Industrial Revolution was characterized by which of the following?

U.S.-born _______________ unionized immigrant farm workers in California and led a 10-year nationwide boycott against grapes picked by nonunion workers.

The ________________,chartered by King James,searched for gold and gems and led trading in furs and spices in the Roanoke Islands.

Government intervention in the marketplace,Smith reasoned,is needed under only which of the following conditions:

_____________________ were laborers who served their masters for several years in exchange for transportation,food,clothing,lodging,and eventual freedom.

U.S.capitalism,by definition,avoids ethical dilemmas arising from exploitation of laborers.

Unethical Behaviors in Organizations and Human Nature

Hiring Ethical People

Codes of Ethics and Codes of Conduct

Ethical Decision Making

Ethics Training

Respecting Employee Diversity

Ethics Reporting Systems

Managers as Ethical Leaders and Role Models

Engaging and Empowering Ethical Employees

Environmental Management

Community Outreach and Respect

Filters