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Business Ethics Concepts and Cases, 8e Manuel Velasquez (Test Bank)

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Business Ethics Concepts and Cases, 8e Manuel Velasquez (Test Bank) Business Ethics Concepts and Cases, 8e Manuel Velasquez (Test Bank)

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  • April 9, 2023
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  • 2022/2023
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  • Business Ethics Concepts and Cases, 8e Manuel Vel
  • Business Ethics Concepts and Cases, 8e Manuel Vel
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Business Ethics Concepts and Cases, 8e Manuel Velasquez (Test Bank all Chapters ) Copyright © 2018, 2013, 2010 Pearson Education, Inc. All Rights Reserved Chapter 1 Velasquez Test Bank MULTIPLE CHOICE 1. Which of the following is one of the advantages of ethical decision -making as a long-term business strategy? a. Ethical behavior will increase short -term profits . b. Ethical behavior will provide positive press opportunities . c. Ethical behavior can ensure positive employee relationships . d. Ethical behavior can provide significant competitive advantage . Answer: D Topic: The Nature of Business Ethics Learning Objective: 1.1: Analyze the basic nature of business ethics Skill Level : Understand the concepts Difficulty Level: Moderate 2. Which of the following is defined as standards of what a group or individual feels is right or wrong, or good or evil? a. Morality b. Ethics c. Standards d. Values Answer: A Topic: Moral Reasoning and Moral Decision Making Learning Objective: 1.2: Emphasize the im portance of moral reasoning and moral decision -
making in business ethics Skill Level : Understand the concepts Difficulty Level: Difficult 3. Which of the following best describes the criteria by which we judge manners and rules of behavior? a. Ethical norms b. Moral norms c. Nonmoral standards d. Standard values Answer: C Topic: Moral Reasoning and Moral Decision Making Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision -
making in business ethics Copyright © 2018, 2013, 2010 Pearson Education, Inc. All Rights Reserved Skill Level : Understand the concept s Difficulty Level: Moderate 4. Which of the following can be described as an example of a moral standard? a. Do not be late for a meeting . b. Do not harm others . c. Do not use a work computer for personal use . d. Do not discuss pay issues with others . Answer: B Topic: Moral Reasoning and Moral Decision Making Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision -
making in business ethics Skill Level : Apply what you know Difficulty Level: Moderate 5. Which of the following best describes the basis for moral standard s? a. Moral standards are based on authority . b. Moral standards deal with serious issues . c. Moral standards are based on personal experiences . d. Moral standards are based on personal beliefs . Answer: B Topic: Moral Reasoning a nd Moral Decision Making Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision -
making in business ethics Skill Level : Understand the concepts Difficulty Level: Moderate 6. Which of the following best describes ethical standards ? a. Norms of behavior in a society b. Laws that govern acceptable behavior c. How reasonable moral standards are when applied to your life d. Universal standards based on impartial rules Answer: C Topic: Moral R easoning and Moral Decision Making Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision -
making in business ethics Skill Level : Analyze it Difficulty Level: Moderate 7. Ethical issues about the economic, political, or legal aspects that a business operates under are referred to as _____ issues. a. corporate b. individual Copyright © 2018, 2013, 2010 Pearson Education, Inc. All Rights Reserved c. governmental d. systemic Answer: D Topic: Moral Reasoning and Moral Decision Making Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision -
making in business ethics Skill Level : Apply what you know Difficulty Level: Moderate 8. Because companies intentionally engage in actions such as production and sales, some people believe they should be held morally responsible for their deci sions and actions. This view considers companies as having to act as a. moral agents . b. machines . c. individuals . d. regulators . Answer: A Topic: Moral Reasoning and Moral Decision Making Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision -
making in business ethics Skill Level : Analyze it Difficulty Level: Easy 9. There have been several arguments against business ethics. Which argument best supports the idea that when an organization makes money, it improve s socie ty, so business ethics are not needed? a. If it’s legal, it is ethical . b. Profits benefit all . c. The Loyal Agent states it. d. Conflict is not unusual . Answer: B Topic: Moral Reasoning and Moral Decision Making Learning Objective: 1.2: Emphasize the importance of moral reasoning and moral decision -
making in business ethics Skill Level : Analyze it Difficulty Level: Easy 10. Which of the following best describes an organization’s obligations toward society? a. Ethics b. Morals c. Values d. Corporate social responsibility

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