Question 1

What is a conflict of interest? Provide an example.

Accepted Answer

A conflict of interest exists when an individual must choose whether to advance his or her own interests,those of the organization,or those of some other group.Students may come up with several examples.One notable example is with the bond rating agencies prior to the financial crisis.The agencies earned as much as three times more for grading complex products.They competed against each other for ratings jobs,contributing to lower ratings standards.Companies who were paying for the ratings could also "shop around" the different agencies for the best rating.The bond rating agencies were therefore tempted to rate these complex instruments higher and minimize the risks.

Question 2

________ means the message has a tendency to mislead,confuse,or deceive the public.

Accepted Answer

A) Implied falsity 
B) Marketing fraud 
C) Literally false 
D) Puffery 
E) Collusion 
A) Implied falsity 
B) Marketing fraud 
C) Literally false 
D) Puffery 
E) Collusion A

Question 3

Developing ethical issue awareness ?is the first step toward understanding business ethics.

Accepted Answer

A) True 
 B)False  True

Question 4

Which of the following is true regarding abusive and intimidating behavior?

Accepted Answer

A) Enduring abusive behavior is necessary to get ahead. 
B) Most abusive or intimidating behavior consitutes sexual harassment. 
C) An organization cannot grow if the manager is intimidating. 
D) Not everyone agrees on what constitutes abusive behavior. 
E) Abusive behavior like bullying is illegal in the workplace. 
A) Enduring abusive behavior is necessary to get ahead. 
B) Most abusive or intimidating behavior consitutes sexual harassment. 
C) An organization cannot grow if the manager is intimidating. 
D) Not everyone agrees on what constitutes abusive behavior. 
E) Abusive behavior like bullying is illegal in the workplace.

Question 5

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 6

Abusive or intimidating behavior is the most common ethical problem for employees.Which of the following is not related to this concept?

Accepted Answer

A) Physical threats 
B) False accusations 
C) Being annoying 
D) Profanity 
E) Performance probation 
A) Physical threats 
B) False accusations 
C) Being annoying 
D) Profanity 
E) Performance probation

Question 7

________ is associated with a person who is crafty or understands right/wrong behavior but uses tricks to obtain an unfair advantage.

Accepted Answer

A) Shoplifting 
B) Collusion 
C) Guile 
D) Shrinkage 
E) Implied falsity 
A) Shoplifting 
B) Collusion 
C) Guile 
D) Shrinkage 
E) Implied falsity

Question 8

Which of the following is not a question you need to ask when you suspect that workplace bullying has occurred?

Accepted Answer

A) Has your boss given you a raise within the last year? 
B) Is your boss asking obviously impossible things from you without training and stating that, once completed, the work is never good enough? 
C) Are surprise meetings called without your knowledge? 
D) Have others at work told you to stop working, talking, or socializing with them? 
E) Are you never left alone to do your job without interference? 
A) Has your boss given you a raise within the last year? 
B) Is your boss asking obviously impossible things from you without training and stating that, once completed, the work is never good enough? 
C) Are surprise meetings called without your knowledge? 
D) Have others at work told you to stop working, talking, or socializing with them? 
E) Are you never left alone to do your job without interference?

Question 9

Discuss the factors that go into creating a hostile work environment.Why is this a bad thing? Give an example of a hostile work environment.

Accepted Answer

A hostile work environment is associated

Question 10

Describe why it can be difficult to recognize an ethical issue.

Accepted Answer

Although there are a number of relations

Question 11

Which of the following is one of the three criteria that must be met to constitute a hostile work environment?

Accepted Answer

A) Misconduct must be prevalent. 
B) The manager must be directly involved. 
C) The conduct was unwelcome. 
D) Discrimination must be proven. 
E) The workplace is unfriendly. 
A) Misconduct must be prevalent. 
B) The manager must be directly involved. 
C) The conduct was unwelcome. 
D) Discrimination must be proven. 
E) The workplace is unfriendly.

Question 12

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 businesses seek to destroy each other. 
D) game governed by its own rules rather than those of society. 
E) game governed by social values. 
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 businesses seek to destroy each other. 
D) game governed by its own rules rather than those of society. 
E) game governed by social values.

Question 13

An employee sorts through a competing business's trash to see if there are any documents that could reveal secret information.This is a misuse of

Accepted Answer

A) an ethical issue. 
B) corporate intelligence. 
C) collusion. 
D) puffery. 
E) a moral attribute. 
A) an ethical issue. 
B) corporate intelligence. 
C) collusion. 
D) puffery. 
E) a moral attribute.

Question 14

What are the different definitions of bribery?

Accepted Answer

Bribery is the practice of offering some

Question 15

Prior to the financial meltdown,bond ratings agencies were accused of having _____ because they were paid by the organizations that they rated.The organizations would shop around for the agency that gave them the best rating.

Accepted Answer

A) an unfair advantage 
B) excessively complicated systems 
C) a hostile workplace 
D) conflicts of interest 
E) an unprofitable business model 
A) an unfair advantage 
B) excessively complicated systems 
C) a hostile workplace 
D) conflicts of interest 
E) an unprofitable business model

Question 16

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 17

A secret agreement between two or more parties for a fraudulent,illegal,or deceitful purpose is known as

Accepted Answer

A) optimization. 
B) insider trading. 
C) collusion. 
D) a dilemma. 
E) a conflict of interest. 
A) optimization. 
B) insider trading. 
C) collusion. 
D) a dilemma. 
E) a conflict of interest.

Question 18

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 results in organizations that are not profitable. 
D) it leads executives to commit illegal actions. 
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 results in organizations that are not profitable. 
D) it leads executives to commit illegal actions. 
E) business is more like a game than a war.

Question 19

Concerns involving copyright infringement on books,movies and music,and other illegally produced goods relate to which type of ethical issue?

Accepted Answer

A) Conflict of interest 
B) Honesty 
C) Communications 
D) Discrimination 
E) Intellectual property rights 
A) Conflict of interest 
B) Honesty 
C) Communications 
D) Discrimination 
E) Intellectual property rights

Question 20

An interchange of giving and receiving in social relationships is known as

Accepted Answer

A) reciprocity. 
B) optimization. 
C) honesty. 
D) integrity. 
E) justice. 
A) reciprocity. 
B) optimization. 
C) honesty. 
D) integrity. 
E) justice.

What is a conflict of interest? Provide an example.

________ means the message has a tendency to mislead,confuse,or deceive the public.

Developing ethical issue awareness ?is the first step toward understanding business ethics.

Which of the following is true regarding abusive and intimidating behavior?

The first step toward understanding business ethics is to

Abusive or intimidating behavior is the most common ethical problem for employees.Which of the following is not related to this concept?

________ is associated with a person who is crafty or understands right/wrong behavior but uses tricks to obtain an unfair advantage.

Which of the following is not a question you need to ask when you suspect that workplace bullying has occurred?

Discuss the factors that go into creating a hostile work environment.Why is this a bad thing? Give an example of a hostile work environment.

Describe why it can be difficult to recognize an ethical issue.

Which of the following is one of the three criteria that must be met to constitute a hostile work environment?

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

An employee sorts through a competing business's trash to see if there are any documents that could reveal secret information.This is a misuse of

What are the different definitions of bribery?

Prior to the financial meltdown,bond ratings agencies were accused of having _____ because they were paid by the organizations that they rated.The organizations would shop around for the agency that gave them the best rating.

The ethical decision-making process begins

A secret agreement between two or more parties for a fraudulent,illegal,or deceitful purpose is known as

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

Concerns involving copyright infringement on books,movies and music,and other illegally produced goods relate to which type of ethical issue?

An interchange of giving and receiving in social relationships is known as

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

Filters

Exam 3: Emerging Business Ethics Issues

What is a conflict of interest? Provide an example.

________ means the message has a tendency to mislead,confuse,or deceive the public.

Developing ethical issue awareness ?is the first step toward understanding business ethics.

Which of the following is true regarding abusive and intimidating behavior?

The first step toward understanding business ethics is to

Abusive or intimidating behavior is the most common ethical problem for employees.Which of the following is not related to this concept?

________ is associated with a person who is crafty or understands right/wrong behavior but uses tricks to obtain an unfair advantage.

Which of the following is not a question you need to ask when you suspect that workplace bullying has occurred?

Discuss the factors that go into creating a hostile work environment.Why is this a bad thing? Give an example of a hostile work environment.

Describe why it can be difficult to recognize an ethical issue.

Which of the following is one of the three criteria that must be met to constitute a hostile work environment?

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

An employee sorts through a competing business's trash to see if there are any documents that could reveal secret information.This is a misuse of

What are the different definitions of bribery?

Prior to the financial meltdown,bond ratings agencies were accused of having _____ because they were paid by the organizations that they rated.The organizations would shop around for the agency that gave them the best rating.

The ethical decision-making process begins

A secret agreement between two or more parties for a fraudulent,illegal,or deceitful purpose is known as

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

Concerns involving copyright infringement on books,movies and music,and other illegally produced goods relate to which type of ethical issue?

An interchange of giving and receiving in social relationships is known as

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

Filters