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Business Essentials (9th Edition) - Chapter 2 - Test Bank $9.99   Add to cart

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Business Essentials (9th Edition) - Chapter 2 - Test Bank

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Fundamentals of Business UNR1302 is a course in AASTMT. The textbook is Business Essentials (9th Edition). This is Chapter 2 from the test bank of the book.

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  • February 27, 2023
  • 72
  • 2022/2023
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1. Ethics are beliefs about what is right and wrong.


*A) True
B) False


2. Business ethics refers to ethical or unethical behaviors by employees in the
context of their personal lives.


A) True
*B) False


3. The standards of behavior that guide managers in their work are called
employee ethics.


A) True
*B) False


4. Some ethical and unethical behaviors fall into gray areas while others are
widely agreed upon.


*A) True
B) False


5. A conflict of interest occurs when an activity may benefit the individual to the
detriment of his or her employer.


*A) True
B) False


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,6. Accepting and offering bribes is a normal part of doing business in some parts
of the world.


*A) True
B) False


7. The proactive approach to social responsibility argues that profits should not be
spent on social programs.


A) True
*B) False


8. Ethical values do not vary from person to person.


A) True
*B) False


9. What constitutes ethical behavior is determined entirely by the individual.


A) True
*B) False


10. An individual's personal code of ethics is shaped by his or her life experiences.


*A) True
B) False




2

,11. Some actions may be illegal yet considered ethical.


A) True
*B) False


12. A manager who discriminates against African Americans in hiring exhibits both
unethical and illegal behavior.


*A) True
B) False


13. Most companies have policies that forbid buyers from accepting gifts from
suppliers.


*A) True
B) False


14. Ethical standards relating to business practices are fairly consistent around the
world.


A) True
*B) False


15. Most companies have concluded that ethics training programs are not
worthwhile.


A) True
*B) False


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, 16. A business's social responsibility to investors includes following proper
accounting procedures.


*A) True
B) False


17. In the United States, there are increased expectations for a greater social role
for business.


*A) True
B) False


18. A company that does not act responsibly toward its customers may lose their
trust and ultimately their business.


*A) True
B) False


19. The best stance toward social responsibility a company can take is a proactive
one.


*A) True
B) False




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