Question 1

The first step toward understanding business ethics is to

Accepted Answer

A) know your company's ethical policies. 
B) know your own morals and philosophies. 
C) know society's ethical policies. 
D) develop ethical-issue awareness. 
E) develop a set of decision-making rules. 
A) know your company's ethical policies. 
B) know your own morals and philosophies. 
C) know society's ethical policies. 
D) develop ethical-issue awareness. 
E) develop a set of decision-making rules.

Question 2

What is a conflict of interest? Provide an example.

Accepted Answer

The answer of What is a conflict of interest? Provide...

Question 3

Which of the following is not a consequence of ethical misconduct?

Accepted Answer

A) Decreased reputation 
B) Shaken customer loyalty 
C) Reduced investor confidence 
D) Increased sales 
E) Legal actions by wronged parties 
A) Decreased reputation 
B) Shaken customer loyalty 
C) Reduced investor confidence 
D) Increased sales 
E) Legal actions by wronged parties

Question 4

When Devon looked at what another employee was typing in order to get a password,he committed

Accepted Answer

A) shoulder surfing. 
B) whacking 
C) discrimination 
D) password guessing 
E) hacking 
A) shoulder surfing. 
B) whacking 
C) discrimination 
D) password guessing 
E) hacking

Question 5

Issues related to fairness and honesty may arise because business is sometimes regarded as a

Accepted Answer

A) legal case,where everything must be done to the letter of the law. 
B) contest,with the most ethical firm "winning." 
C) guerilla war where anything goes in the fight for consumers' dollars. 
D) game governed by its own rules rather than those of society. 
E) game governed by the rules of society. 
A) legal case,where everything must be done to the letter of the law. 
B) contest,with the most ethical firm "winning." 
C) guerilla war where anything goes in the fight for consumers' dollars. 
D) game governed by its own rules rather than those of society. 
E) game governed by the rules of society.

Question 6

What type of fraudulent activity involves an employee who assists a consumer in fraud?

Accepted Answer

A) Whacking 
B) Duplicity 
C) Guile 
D) Defamation 
E) Collusion 
A) Whacking 
B) Duplicity 
C) Guile 
D) Defamation 
E) Collusion

Question 7

The ethical decision-making process begins

Accepted Answer

A) with a conflict of interest. 
B) when an individual experiences a conflict between his or her values and those of his or her firm. 
C) when stakeholders trigger ethical issue awareness and individuals openly discuss it with others. 
D) with a conflict in values. 
E) when an individual experiences a conflict between his or her values and those of society. 
A) with a conflict of interest. 
B) when an individual experiences a conflict between his or her values and those of his or her firm. 
C) when stakeholders trigger ethical issue awareness and individuals openly discuss it with others. 
D) with a conflict in values. 
E) when an individual experiences a conflict between his or her values and those of society.

Question 8

A company can be sued for discrimination if it

Accepted Answer

A) hires minorities. 
B) maintains reasonable minority standards. 
C) discharges a minority individual,but has a just cause for doing so. 
D) uses age as a hiring or firing criterion. 
E) has more men than women on staff. 
A) hires minorities. 
B) maintains reasonable minority standards. 
C) discharges a minority individual,but has a just cause for doing so. 
D) uses age as a hiring or firing criterion. 
E) has more men than women on staff.

Question 9

Describe the different methods of obtaining corporate intelligence that competitors commonly use.

Accepted Answer

Competitors commonly use a variety of me

Question 10

Optimization is defined as

Accepted Answer

A) the quality of being just,equitable,and impartial. 
B) a trade-off between equity and efficiency. 
C) an interchange of giving and receiving in social relationships. 
D) how wealth or income is distributed between employees within a company. 
E) a lack of integrity,incomplete disclosure,and an unwillingness to tell the truth. 
A) the quality of being just,equitable,and impartial. 
B) a trade-off between equity and efficiency. 
C) an interchange of giving and receiving in social relationships. 
D) how wealth or income is distributed between employees within a company. 
E) a lack of integrity,incomplete disclosure,and an unwillingness to tell the truth.

Question 11

Accountants must abide by a strict code of ethics that defines their responsibilities to

Accepted Answer

A) their clients only. 
B) their clients and the public interest. 
C) the public only. 
D) their investors and shareholders. 
E) government regulators. 
A) their clients only. 
B) their clients and the public interest. 
C) the public only. 
D) their investors and shareholders. 
E) government regulators.

Question 12

A court found an oil company guilty of placing profits over the safety and well-being of its employees.This situation can be classified as

Accepted Answer

A) ethical. 
B) unethical. 
C) an ethical issue. 
D) a dilemma. 
E) a justice issue. 
A) ethical. 
B) unethical. 
C) an ethical issue. 
D) a dilemma. 
E) a justice issue.

Question 13

Affirmative action programs

Accepted Answer

A) involve the promotion of unqualified employees. 
B) are not imposed by federal law on employers. 
C) are not very commonly used anymore because there is no need to protect minorities. 
D) only involve the training of individuals. 
E) involve the recruitment,hiring,promotion,and training of qualified individuals. 
A) involve the promotion of unqualified employees. 
B) are not imposed by federal law on employers. 
C) are not very commonly used anymore because there is no need to protect minorities. 
D) only involve the training of individuals. 
E) involve the recruitment,hiring,promotion,and training of qualified individuals.

Question 14

Ethical issues in business typically arise because of conflicts between individuals' personal moral philosophies and values and the

Accepted Answer

A) values and attitudes of the organization in which they work. 
B) values and attitudes of the society in which they live. 
C) values and attitudes of the organization in which they work and the society in which they live. 
D) laws and regulations of the country in which they live. 
E) values and attitudes of their parents and religion. 
A) values and attitudes of the organization in which they work. 
B) values and attitudes of the society in which they live. 
C) values and attitudes of the organization in which they work and the society in which they live. 
D) laws and regulations of the country in which they live. 
E) values and attitudes of their parents and religion.

Question 15

When a commercial states that a product is superior to any other on the market,the marketer risks accusations of

Accepted Answer

A) concealed facts. 
B) false labeling. 
C) deceptive advertising. 
D) concealed facts 
E) puffery. 
A) concealed facts. 
B) false labeling. 
C) deceptive advertising. 
D) concealed facts 
E) puffery.

Question 16

List three business problems,situations,or opportunities that you believe are ethical issues.Explain why.

Accepted Answer

1. Unethical labor practices: Many busin

Question 17

War metaphors are common in business.This kind of mindset can be dangerous for business leaders because

Accepted Answer

A) it may lead executives to become violent. 
B) it may foster the idea that honesty is unnecessary in business. 
C) it may lead organizations to be excessively aggressive. 
D) business is not like warfare and the metaphors are not appropriate. 
E) business is more like a game than a war. 
A) it may lead executives to become violent. 
B) it may foster the idea that honesty is unnecessary in business. 
C) it may lead organizations to be excessively aggressive. 
D) business is not like warfare and the metaphors are not appropriate. 
E) business is more like a game than a war.

Question 18

Discuss how one goes about recognizing an ethical issue.

Accepted Answer

Recognizing an ethical issue involves be

Question 19

are used to obtain or retain business and are not generally considered illegal in the U.S.

Accepted Answer

A) Facilitation payments 
B) Bribes 
C) Gifts 
D) Coercive techniques 
E) Threats 
A) Facilitation payments 
B) Bribes 
C) Gifts 
D) Coercive techniques 
E) Threats

Question 20

What type of fraud involves intentional deception on the part of an individual or group in order to derive an unfair economic advantage over an organization?

Accepted Answer

A) Channel 
B) Integrative 
C) Consumer 
D) Product 
E) Conventional 
A) Channel 
B) Integrative 
C) Consumer 
D) Product 
E) Conventional

The first step toward understanding business ethics is to

What is a conflict of interest? Provide an example.

Which of the following is not a consequence of ethical misconduct?

When Devon looked at what another employee was typing in order to get a password,he committed

Issues related to fairness and honesty may arise because business is sometimes regarded as a

What type of fraudulent activity involves an employee who assists a consumer in fraud?

The ethical decision-making process begins

A company can be sued for discrimination if it

Describe the different methods of obtaining corporate intelligence that competitors commonly use.

Optimization is defined as

Accountants must abide by a strict code of ethics that defines their responsibilities to

A court found an oil company guilty of placing profits over the safety and well-being of its employees.This situation can be classified as

Affirmative action programs

Ethical issues in business typically arise because of conflicts between individuals' personal moral philosophies and values and the

When a commercial states that a product is superior to any other on the market,the marketer risks accusations of

List three business problems,situations,or opportunities that you believe are ethical issues.Explain why.

War metaphors are common in business.This kind of mindset can be dangerous for business leaders because

Discuss how one goes about recognizing an ethical issue.

are used to obtain or retain business and are not generally considered illegal in the U.S.

What type of fraud involves intentional deception on the part of an individual or group in order to derive an unfair economic advantage over an organization?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

The Institutionalization of Business Ethics

Ethical Decision Making

Individual Factors: Moral Philosophies and Values

Organizational Factors: the Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Managing and Controlling Ethics Programs

Globalization of Ethical Decision-Making

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Exploring Business Ethics, Social Responsibility, and Compliance Programs

Filters

Exam 3: Emerging Business Ethics Issues

The first step toward understanding business ethics is to

What is a conflict of interest? Provide an example.

Which of the following is not a consequence of ethical misconduct?

When Devon looked at what another employee was typing in order to get a password,he committed

Issues related to fairness and honesty may arise because business is sometimes regarded as a

What type of fraudulent activity involves an employee who assists a consumer in fraud?

The ethical decision-making process begins

A company can be sued for discrimination if it

Describe the different methods of obtaining corporate intelligence that competitors commonly use.

Optimization is defined as

Accountants must abide by a strict code of ethics that defines their responsibilities to

A court found an oil company guilty of placing profits over the safety and well-being of its employees.This situation can be classified as

Affirmative action programs

Ethical issues in business typically arise because of conflicts between individuals' personal moral philosophies and values and the

When a commercial states that a product is superior to any other on the market,the marketer risks accusations of

List three business problems,situations,or opportunities that you believe are ethical issues.Explain why.

War metaphors are common in business.This kind of mindset can be dangerous for business leaders because

Discuss how one goes about recognizing an ethical issue.

are used to obtain or retain business and are not generally considered illegal in the U.S.

What type of fraud involves intentional deception on the part of an individual or group in order to derive an unfair economic advantage over an organization?

The Importance of Business Ethics

Stakeholder Relationships, Social Responsibility, and Corporate Governance

The Institutionalization of Business Ethics

Ethical Decision Making

Individual Factors: Moral Philosophies and Values

Organizational Factors: the Role of Ethical Culture and Relationships

Developing an Effective Ethics Program

Managing and Controlling Ethics Programs

Globalization of Ethical Decision-Making

Ethical Leadership

Sustainability: Ethical and Social Responsibility Dimensions

Exploring Business Ethics, Social Responsibility, and Compliance Programs

Filters