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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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Business Ethics, 13th Edition By Ferrell/Fraedrich

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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13th edition by o c ferrell

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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 qz qz qz

Part 1: An Overview of Business Ethics
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1: The Importance of Business Ethics
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2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
qz qz qz qz qz qz qz

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

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

4: The Institutionalization of Business Ethics
qz qz qz qz qz

5: Emerging Business Ethics Issues
qz qz qz qz

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

6: Ethical Decision Making
qz qz qz

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

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

Part 4: Implementing Business Ethics in a Global Economy
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9: Developing and Implementing an Effective Ethics Program
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10: Global Business Ethics Issues
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11: Ethical Leadership
qz qz

12: Technology: Ethics and Social Responsibility Issues
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,1: The Importance of Business Ethics
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1. Principles are qz

a. laws and regulations that guide behavior in the world of business.
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b. mores, values, and customs that guide behavior in general.
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c. specific and pervasive boundaries for behavior that are universal and absolute.
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d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on stake
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz

holders.
e. the mores, values, and customs that parents teach their children.
qz qz qz qz qz qz qz qz qz

ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5 qz

LEARNING OBJECTIVES: LO: 1-1 - qz q z qz qz

Explore conceptualizations of business ethics from an organizational perspective. qz qz qz qz qz qz qz qz qz

NATIONAL STANDARDS: United States - BUSPROG: Ethics qz q z q z qz qz qz qz

STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz

KEYWORDS: Blooms: Comprehension qz

2. Social responsibility is
qz qz

a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
qz qz qz qz qz qz qz qz qz qz qz qz qz qz

b. principles and standards that guide behavior in the world of business.
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c. a business's responsibility not to pollute the environment.
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d. a business's responsibility to manufacture products that function properly.
qz qz qz qz qz qz qz qz

e. charitable contributions made by a business to enhance its image.
qz qz qz qz qz qz qz qz qz

ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 qz

LEARNING OBJECTIVES: LO: 1-4 - qz q z qz qz

Gain insight into the extent of ethical misconduct in the workplace and the pressures for une qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz

thical behavior. qz

NATIONAL STANDARDS: United States - BUSPROG: Ethics qz q z q z qz qz qz qz

STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz

KEYWORDS: Blooms: Knowledge qz

, 3. Theqz

was/were enacted to restore confidence in financial reporting and business ethics after the accounting sca
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ndals of the early 2000s.
qz qz qz qz

a. Defense Industry Initiative on Business Ethics and Conduct
qz qz qz qz qz qz qz

b. Sarbanes-Oxley Act qz

c. Federal Sentencing Guidelines for Organizations
qz qz qz qz

d. Foreign Corrupt Practices Act qz qz qz

e. Dodd-Frank Wall Street Reform and Consumer Protection Act
qz qz qz qz qz qz qz

ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 13 qz

LEARNING OBJECTIVES: LO: 1-2 - Examine the historical foundations and evolution of business ethics.
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NATIONAL STANDARDS: United States - BUSPROG: Ethics
qz q z q z qz qz qz qz

STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz

KEYWORDS: Blooms: Knowledge qz

4. The term business ethics is best described by the following statement:
qz qz qz qz qz qz qz qz qz qz

a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.
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b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral jud
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz

gments, standards and rules of conduct."
qz qz qz qz qz

c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or st
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz

andards governing the conduct of the members of a profession."
qz qz qz qz qz qz qz qz qz

d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on stake
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz

holders.
e. It comprises the principles, values, and standards that guide behavior in the world of business.
qz qz qz qz qz qz qz qz qz qz qz qz qz qz

ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 5 qz

LEARNING OBJECTIVES: LO: 1-1 - qz q z qz qz

Explore conceptualizations of business ethics from an organizational perspective. qz qz qz qz qz qz qz qz qz

NATIONAL STANDARDS: United States - BUSPROG: Ethics
qz q z q z qz qz qz qz

STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz

KEYWORDS: Blooms: Knowledge qz

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