Question 1

The 196s saw a rise of consumerism.What is consumerism?

Accepted Answer

A) An increase in consumer rights by individuals, organizations, and governments 
B) The growth of international retail chain stores that served global consumers 
C) Activities undertaken by independent individuals, groups, and organizations to protect their rights as consumers 
D) The widespread adoption of consumer-oriented marketing strategies among businesses 
E) The tendency of organizations to view consumers as their most important stakeholder 
A) An increase in consumer rights by individuals, organizations, and governments 
B) The growth of international retail chain stores that served global consumers 
C) Activities undertaken by independent individuals, groups, and organizations to protect their rights as consumers 
D) The widespread adoption of consumer-oriented marketing strategies among businesses 
E) The tendency of organizations to view consumers as their most important stakeholder

Question 2

The six principles of the Defense Industry Initiative on Business Ethics and Conduct became the foundation for

Accepted Answer

A) the Foreign Corrupt Practices Act. 
B) the Federal Sentencing Guidelines for Organizations. 
C) the Ethical Trading Initiative. 
D) the Federal Trade Commission compliance requirements. 
E) the Sarbanes-Oxley Act. 
A) the Foreign Corrupt Practices Act. 
B) the Federal Sentencing Guidelines for Organizations. 
C) the Ethical Trading Initiative. 
D) the Federal Trade Commission compliance requirements. 
E) the Sarbanes-Oxley Act.

Question 3

More than a compliance program,business ethics is becoming

Accepted Answer

A) a management issue to achieve competitive advantage. 
B) a guaranteed way to earn higher financial returns. 
C) mainly a government regulatory issue. 
D) an initiative led by nonprofit organizations. 
E) a program that decreases profits but increases societal benefits. 
A) a management issue to achieve competitive advantage. 
B) a guaranteed way to earn higher financial returns. 
C) mainly a government regulatory issue. 
D) an initiative led by nonprofit organizations. 
E) a program that decreases profits but increases societal benefits.

Question 4

Discuss the evolution of business ethics as a field of study from before 196 to the 198s.

Accepted Answer

The study of business ethics evolved thr

Question 5

Which of the following is not one of the rights spelled out by John F.Kennedy in his "Consumers' Bill of Rights"?

Accepted Answer

A) The right to choose 
B) The right to safety 
C) The right to be informed 
D) The right to be ethical 
E) The right to be heard 
A) The right to choose 
B) The right to safety 
C) The right to be informed 
D) The right to be ethical 
E) The right to be heard

Question 6

The Foreign Corrupt Practices Act outlawed

Accepted Answer

A) global accounting fraud. 
B) price collusion. 
C) corruption in foreign governments. 
D) bribery of officials in other countries. 
E) executive misconduct. 
A) global accounting fraud. 
B) price collusion. 
C) corruption in foreign governments. 
D) bribery of officials in other countries. 
E) executive misconduct.

Question 7

Many people wrongly assume that a company will be ethical if it

Accepted Answer

A) attracts high-profile investors 
B) rewards employees for high performance 
C) provides adequate compensation to employees 
D) simply hires ethical employees 
E) performs highly on the stock market 
A) attracts high-profile investors 
B) rewards employees for high performance 
C) provides adequate compensation to employees 
D) simply hires ethical employees 
E) performs highly on the stock market

Question 8

ISO 196 is a set of ten principles concerning human rights,labor,the environment,?and anti-corruption.

Accepted Answer

A) True 
 B)False

Question 9

We all learn values from sources such as family,religion,and school.Why might these sources of individual values not prove very helpful when making complex business decisions?

Accepted Answer

An individual's personal moral values ar

Question 10

Many consumers are willing to pay more money for socially responsible products.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following statements about the Federal Sentencing Guidelines for Organizations is false?

Accepted Answer

A) They use a routine mechanical approach that forces all firms to use the same means to avert serious penalties. 
B) They strive to prevent misconduct. 
C) They encourage companies to develop standards and procedures capable of detecting and preventing misconduct. 
D) They utilize a carrot and stick approach by taking preventive action against misconduct. 
E) They encourage the appointment of high-level personnel responsible for oversight of the compliance program. 
A) They use a routine mechanical approach that forces all firms to use the same means to avert serious penalties. 
B) They strive to prevent misconduct. 
C) They encourage companies to develop standards and procedures capable of detecting and preventing misconduct. 
D) They utilize a carrot and stick approach by taking preventive action against misconduct. 
E) They encourage the appointment of high-level personnel responsible for oversight of the compliance program.

Question 12

Morals are enduring beliefs and ideals that are socially enforced.

Accepted Answer

A) True 
 B)False

Question 13

The term business ethics is best described by the following statement:

Accepted Answer

A) It is the study and philosophy of human conduct, with an emphasis on determining right and wrong. 
B) It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards and rules of conduct." 
C) It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession." 
D) It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
E) It comprises the principles, values, and standards that guide behavior in the world of business. 
A) It is the study and philosophy of human conduct, with an emphasis on determining right and wrong. 
B) It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards and rules of conduct." 
C) It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession." 
D) It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
E) It comprises the principles, values, and standards that guide behavior in the world of business.

Question 14

Values are

Accepted Answer

A) specific and pervasive boundaries for behavior that should not be violated. 
B) acceptable behavior as defined by the company and industry. 
C) attempts by businesses to minimize their negative impact on society. 
D) a person's moral philosophies about what is right or wrong. 
E) enduring beliefs and ideals that are socially enforced. 
A) specific and pervasive boundaries for behavior that should not be violated. 
B) acceptable behavior as defined by the company and industry. 
C) attempts by businesses to minimize their negative impact on society. 
D) a person's moral philosophies about what is right or wrong. 
E) enduring beliefs and ideals that are socially enforced.

Question 15

Because of Sarbanes-Oxley,publicly traded companies must develop _____ to assist in maintaining transparency in financial reporting.

Accepted Answer

A) ethics officers 
B) ethics programs 
C) codes of ethics 
D) legal counsel 
E) accountants 
A) ethics officers 
B) ethics programs 
C) codes of ethics 
D) legal counsel 
E) accountants

Question 16

Discuss the current state of business ethics in the twenty-first century.

Accepted Answer

The twenty-first century ushered in a ne

Question 17

Which of the following statements is true about business ethics?

Accepted Answer

A) A firm that has ethical management will succeed financially. 
B) Codes of ethics should cover every business ethics issue. 
C) Business ethics focuses more on laws over values. 
D) Individuals apply the same ethical rules in business as they do at home. 
E) There is no conflict between profits and business ethics. 
A) A firm that has ethical management will succeed financially. 
B) Codes of ethics should cover every business ethics issue. 
C) Business ethics focuses more on laws over values. 
D) Individuals apply the same ethical rules in business as they do at home. 
E) There is no conflict between profits and business ethics.

Question 18

Which of the following was not a provision of the Sarbanes-Oxley Act?

Accepted Answer

A) It stiffened penalties for corporate fraud. 
B) It created an accounting oversight board that requires corporations to establish codes of ethics for financial reporting. 
C) It required top executives to sign off on their firms' financial statements. 
D) It outlawed bribery of officials in other countries. 
E) It made securities fraud a criminal offense. 
A) It stiffened penalties for corporate fraud. 
B) It created an accounting oversight board that requires corporations to establish codes of ethics for financial reporting. 
C) It required top executives to sign off on their firms' financial statements. 
D) It outlawed bribery of officials in other countries. 
E) It made securities fraud a criminal offense.

Question 19

Corporate social responsibility is

Accepted Answer

A) an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
B) principles, values, and norms that primarily guide individual and group behavior in the world of business. 
C) the institutionalization of business ethics into all levels of business decision making. 
D) a business's responsibility to manufacture products that function properly. 
E) charitable contributions made by a business to enhance its reputation with stakeholders. 
A) an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. 
B) principles, values, and norms that primarily guide individual and group behavior in the world of business. 
C) the institutionalization of business ethics into all levels of business decision making. 
D) a business's responsibility to manufacture products that function properly. 
E) charitable contributions made by a business to enhance its reputation with stakeholders.

Question 20

Business ethics,as a field,has passed through which of the following states?

Accepted Answer

A) A field of study to theological discussion to recognition of social issues 
B) Recognition of social issues to a field of study to theological discussion 
C) A field of study to recognition of social issues to theological discussion 
D) Recognition of social issues to theological discussion to a field of study 
E) Theological discussion to recognition of social issues to a field of study 
A) A field of study to theological discussion to recognition of social issues 
B) Recognition of social issues to a field of study to theological discussion 
C) A field of study to recognition of social issues to theological discussion 
D) Recognition of social issues to theological discussion to a field of study 
E) Theological discussion to recognition of social issues to a field of study

The 196s saw a rise of consumerism.What is consumerism?

The six principles of the Defense Industry Initiative on Business Ethics and Conduct became the foundation for

More than a compliance program,business ethics is becoming

Discuss the evolution of business ethics as a field of study from before 196 to the 198s.

Which of the following is not one of the rights spelled out by John F.Kennedy in his "Consumers' Bill of Rights"?

The Foreign Corrupt Practices Act outlawed

Many people wrongly assume that a company will be ethical if it

ISO 196 is a set of ten principles concerning human rights,labor,the environment,?and anti-corruption.

We all learn values from sources such as family,religion,and school.Why might these sources of individual values not prove very helpful when making complex business decisions?

Many consumers are willing to pay more money for socially responsible products.

Which of the following statements about the Federal Sentencing Guidelines for Organizations is false?

Morals are enduring beliefs and ideals that are socially enforced.

The term business ethics is best described by the following statement:

Values are

Because of Sarbanes-Oxley,publicly traded companies must develop _____ to assist in maintaining transparency in financial reporting.

Discuss the current state of business ethics in the twenty-first century.

Which of the following statements is true about business ethics?

Which of the following was not a provision of the Sarbanes-Oxley Act?

Corporate social responsibility is

Business ethics,as a field,has passed through which of the following states?

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

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

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Exam 1: The Importance of Business Ethics

The 196s saw a rise of consumerism.What is consumerism?

The six principles of the Defense Industry Initiative on Business Ethics and Conduct became the foundation for

More than a compliance program,business ethics is becoming

Discuss the evolution of business ethics as a field of study from before 196 to the 198s.

Which of the following is not one of the rights spelled out by John F.Kennedy in his "Consumers' Bill of Rights"?

The Foreign Corrupt Practices Act outlawed

Many people wrongly assume that a company will be ethical if it

ISO 196 is a set of ten principles concerning human rights,labor,the environment,?and anti-corruption.

We all learn values from sources such as family,religion,and school.Why might these sources of individual values not prove very helpful when making complex business decisions?

Many consumers are willing to pay more money for socially responsible products.

Which of the following statements about the Federal Sentencing Guidelines for Organizations is false?

Morals are enduring beliefs and ideals that are socially enforced.

The term business ethics is best described by the following statement:

Values are

Because of Sarbanes-Oxley,publicly traded companies must develop _____ to assist in maintaining transparency in financial reporting.

Discuss the current state of business ethics in the twenty-first century.

Which of the following statements is true about business ethics?

Which of the following was not a provision of the Sarbanes-Oxley Act?

Corporate social responsibility is

Business ethics,as a field,has passed through which of the following states?

Stakeholder Relationships, Social Responsibility, and Corporate Governance

Emerging Business Ethics Issues

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

Filters