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Test Bank for Business Ethics Graded A+
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Test Bank for Business Ethics Graded A+Studocu is not sponsored or endorsed by any college or university
Downloaded by Ian Nyaga (iannyaga450@gmail.com)
, Test Bank For Business Ethics Now 4th
Edition by Ghillyer
Chapter 02:Defining Business Ethics
Link download full: https://getbooksolutions.com/download/test-bank-for-
business-ethics-now-4th-edition-by-ghillyer
True / False Questions
1. Business ethics involves the application of standards of moral behavior to
business situations.
True False
2. Business ethics can be approached from two distinct perspectives:
prohibitive and preventative.
True False
3. Business ethics should be applied as a separate set of moral standards or
ethical concepts from general ethics.
True False
4. Ethical behavior should be the same both inside and outside a business
situation.
True False
2-1
Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Downloaded by Ian Nyaga (iannyaga450@gmail.com)
,5. A stakeholder is someone with a share or interest in a business enterprise.
True False
6. Not every stakeholder will be relevant in every business situation.
True False
7. Stakeholders include stockholders, employees, and the federal government.
True False
8. The interests of wholesalers in an organization include accurate deliveries of
quality products on time and at a reasonable cost.
True False
9. The interests of creditors in an organization focus specifically on the
employment of local residents and the safety of the work environment.
True False
10. Unethical corporate behavior does not impact a company's stakeholders.
True False
2-2
Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Downloaded by Ian Nyaga (iannyaga450@gmail.com)
, 11. Unethical corporate behavior could impact a community negatively if it
were to lead to an economic decline.
True False
12. Corporate governance is the system by which businesses are directed and
controlled.
True False
13. The standard of corporate governance is the extent to which the officers of
an organization are fulfilling the duties and responsibilities of their offices to
the relevant stakeholders.
True False
14. The standard of corporate governance appears to be at the highest in recent
business history.
True False
15. An oxymoron is the combination of two facts that mirror and support each
other.
True False
16. The positive outcome of the awareness generated by unethical behavior in
the business world has been increased attention to the need for third-party
guarantees of ethical conduct and active commitments from the rest of the
2-3
Copyright © 2014 McGraw-Hill Education. All rights reserved. No reproduction or distribution without the prior written consent of
McGraw-Hill Education.
Downloaded by Ian Nyaga (iannyaga450@gmail.com)
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