Exam (elaborations)
BMAL 590 Business Ethics Exam with correct Answers
- Course
- Institution
BMAL 590 Business Ethics Exam with correct Answers
[Show more]
Content preview
BMAL 590 Business Ethics Exam withcorrect Answers
The study of business ethics is important to better understand all of the following
EXCEPT - Answers -That business ethics is merely an extension of an individual's own
personal ethics
Social responsibility is - Answers -An organization's obligation to maximize its positive
effects and minimize its negative effects on stakeholders
Which of the following was (were) developed in 1980s to encourage corporate support
for ethical conduct by establishing a method for discussing "best practices?" - Answers -
Defense Industry Initiative on Business Ethics and Conduct
The ________ was (were) enacted to restore confidence in financial reporting and
business ethics after the accounting scandals of the early 2000s - Answers -Sarbanes-
Oxley Act
In the history of business ethics, the 1990s can be best described as a time when
business ethics was - Answers -Institutionalized
Which one of the following is not one of the rewards for being ethical and socially
responsible in business? - Answers -Greater employee turnover
When employees see honesty, respect, and trust applied frequently in the workplace,
they - Answers -All of these
Most strong organizational climates focus on the value of placing ________ interests
first - Answers -customers'
To be successful, relationships with investors must rest on dependability, _________,
and commitment - Answers -Trust
The rise of consumerism occurred during the - Answers -1960s
Which of the following is the first step in the ethical decision-making process? - Answers
-Recognizing that an issue requires an individual or work group to make a choice that
ultimately will be judged by stakeholders as right or wrong
Which of the following is not one of six "spheres of influence" to which individuals are
subject when confronted with an ethical issue? - Answers -Education
, Which statement best describes the relationship between those who believe in external
control (externals) and those who believe in internal control (internals)? - Answers -
Externals believe in going with the flow, while internals believe that they control events
in their lives by their own effort and skill
Obedience to authority is part of which of the following components of the ethical
decision-making framework? - Answers -Superiors
External rewards and internal rewards relate to which part of the ethical decision-
making framework? - Answers -Opportunity
It is impossible to agree on __________ judgments about what is ethical - Answers -
Normative
The role of leadership in developing an ethics program includes all of the following
except - Answers -Carefully archiving and not distributing the ethical policies of the firm
The ________ leader values people, their emotions, and their needs, and relies on
friendship and trust to promote flexibility, innovation, and risk-taking - Answers -
Affiliative
What is difference between transactional leaders and transformational leaders? -
Answers -The former attempts to create employee satisfaction through negotiating or
bartering, while the latter strive to raise employees' level of commitment and foster trust
and motivation
Which of the following statements is false regarding strong ethical leaders? - Answers -
Strong ethical leaders are reactive
An unconscious reference to one's own cultural values, experiences, and knowledge is
referred to as the - Answers -Self-reference criterion
Cultural differences in ________ may result in international ethical issues if a
businessperson stands far away from a customer during a negotiations and customer
regards it as a personal insult - Answers -Body language
The defense of paying bribes and other questionable practices in other countries is
called - Answers -Cultural relativism
Which of the following created an international ethics code? - Answers -Caux Round
Table
Which of the following is not a criticism of or charge against multinational corporations?
- Answers -They pay high taxes everywhere
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller millyphilip. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
85443 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now