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TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12, Complete Newest Version

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TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12, Complete Newest Version TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12,...

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  • Business Ethics, 13th edition by Ferrell/Fraedrich
  • Business Ethics, 13th edition by Ferrell/Fraedrich
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TEST BANK
Business Ethics Ethical Decision Making and Cases, 13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12

,TABLE OF CONTENTS 5 5 5




Part 1: An Overview of Business Ethics
5 5 5 5 5 5




1: The Importance of Business Ethics
5 5 5 5 5




2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
5 5 5 5 5 5 5




3: Sustainability: Ethical and Social Responsibility Dimensions
5 5 5 5 5 5




Part 2: Ethical Issues and the Institutionalization of Business Ethics
5 5 5 5 5 5 5 5 5




4: The Institutionalization of Business Ethics
5 5 5 5 5




5: Emerging Business Ethics Issues
5 5 5 5




Part 3: The Decision-Making Process
5 5 5 5




6: Ethical Decision Making
5 5 5




7: Individual Factors: Moral Philosophies and Values
5 5 5 5 5 5




8: Organizational Factors: The Role of Ethical Culture and Relationships
5 5 5 5 5 5 5 5 5




Part 4: Implementing Business Ethics in a Global Economy
5 5 5 5 5 5 5 5




9: Developing and Implementing an Effective Ethics Program
5 5 5 5 5 5 5




10: Global Business Ethics Issues
5 5 5 5




11: Ethical Leadership
5 5




12: Technology: Ethics and Social Responsibility Issues
5 5 5 5 5 5

,1: The Importance of Business Ethics
5 5 5 5 5




1. Principles5are
a. laws5and5regulations5that5guide5behavior5in5the5world5of5business.
b. mores,5values,5and5customs5that5guide5behavior5in5general.
c. specific5and5pervasive5boundaries5for5behavior5that5are5universal5and5absolute.
d. the5obligations5businesses5assume5to5maximize5their5positive5impact5and5minimize5their5negative5impact5on5stake
holders.
e. the5mores,5values,5and5customs5that5parents5teach5their5children.

ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.55
LEARNING5OBJECTIVES:5 LO:51-15-5Explore5conceptualizations5 of5business5ethics5from5an5organizational5perspective.
NATIONAL5 STANDARDS:5 5 United5States5-5BUSPROG:5 Ethics
STATE5 STANDARDS: United5States5-5NONE5-5DISC:5Ethical5Responsibilities5 -5Ethical5Responsibilities
KEYWORDS: Blooms:5Comprehension

2. Social5responsibility5is
a. an5organization's5 obligation5to5maximize5its5positive5effects5and5minimize5its5negative5effects5on5stakeholders.
b. principles5and5standards5that5guide5behavior5in5the5world5of5business.
c. a5business's5responsibility5 not5to5pollute5the5environment.
d. a5business's5responsibility5to5manufacture5products5that5function5properly.
e. charitable5contributions5made5by5a5business5to5enhance5its5image.

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.523
LEARNING5 OBJECTIVES:5 LO:51-45-
5Gain5insight5into5the5extent5of5ethical5misconduct5in5the5workplace5and5the5pressures5for5une

thical5behavior.
NATIONAL5 STANDARDS:5 5 United5States5-5BUSPROG:5 Ethics
STATE5 STANDARDS: United5States5-5NONE5-5DISC:5Ethical5Responsibilities5 -5Ethical5Responsibilities
KEYWORDS: Blooms:5Knowledge

, 3. The5
was/were5enacted5to5restore5confidence5in5financial5reporting5and5business5ethics5after5the5accounting5scan
dals5of5the5early52000s.
a. Defense5Industry5Initiative5on5Business5Ethics5and5Conduct
b. Sarbanes-Oxley5 Act
c. Federal5Sentencing5Guidelines5for5Organizations
d. Foreign5Corrupt5Practices5 Act
e. Dodd-Frank5 Wall5Street5Reform5and5Consumer5Protection5Act

ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.513
LEARNING5OBJECTIVES:5 LO:51-25-5Examine5the5historical5foundations5and5evolution5of5business5ethics.
NATIONAL5 STANDARDS:5 5 United5States5-5BUSPROG:5 Ethics
STATE5 STANDARDS: United5States5-5NONE5-5DISC:5Ethical5Responsibilities5 -5Ethical5Responsibilities
KEYWORDS: Blooms:5Knowledge

4. The5term5 business5 ethics5 is5best5described5by5the5following5 statement:
a. It5is5the5study5and5philosophy5of5human5conduct,5with5an5emphasis5on5determining5right5and5wrong.
b. It5is5an5"inquiry5into5the5nature5and5grounds5of5morality5where5the5term5morality5is5taken5to5mean5moral5judg
ments,5standards5and5rules5of5conduct."
c. It5is5the5"study5of5the5general5nature5of5morals5and5of5specific5moral5choices;5moral5philosophy;5and5the5rules5or5sta
ndards5governing5the5conduct5of5the5members5of5a5profession."
d. It5is5an5organization's5obligation5to5maximize5its5positive5effects5and5minimize5its5negative5effects5on5stake
holders.
e. It5comprises5the5principles,5values,5and5standards5that5guide5behavior5in5the5world5of5business.

ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.55
LEARNING5OBJECTIVES:5 LO:51-15-5Explore5conceptualizations5 of5business5ethics5from5an5organizational5perspective.
NATIONAL5 STANDARDS:5 5 United5States5-5BUSPROG:5 Ethics
STATE5 STANDARDS: United5States5-5NONE5-5DISC:5Ethical5Responsibilities5 -5Ethical5Responsibilities
KEYWORDS: Blooms:5Knowledge

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