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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$17.99
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Business Ethics, 13th Edition By Ferrell/Fraedrich
Business Ethics, 13th edition by Ferrell/Fraedrich
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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
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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,...
TEST BANK Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12 TABLE OF CONTENTS Part 1: An Overview of Business Ethics 1: The Importance of Business Ethics 2: Stakeholder Relationships, Social Responsibility, and Corporate Governance 3: Sustainability: Ethical and Social Responsibility Dimensions Part 2: Ethical Issues and the Institutionalization of Business Ethics 4: The Institutionalization of Business Ethics 5: Emerging Business Ethics Issues Part 3: The Decision-Making Process 6: Ethical Decision Making 7: Individual Factors: Moral Philosophies and Values 8: Organizational Factors: The Role of Ethical Culture and Relationships Part 4: Implementing Business Ethics in a Global Economy 9: Developing and Implementing an Effective Ethics Program 10: Global Business Ethics Issues 11: Ethical Leadership 12: Technology: Ethics and Social Responsibility Issues 1: The Importance of Business Ethics 1. Principles are a. laws and regulations that guide behavior in the world of business. b. mores, values, and customs that guide behavior in general. c. specific and pervasive boundaries for behavior that are universal and absolut e. d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. e. the mores, values, and customs that parents teach their children. ANSWER: c POINTS: 1 DIFFICULTY: Easy REFERENCES: p. 5 LEARNING OBJECTIVES: LO: 1-1 - Explore conceptualizations of business ethics from an organizational perspective. NATIONAL STANDARDS: United States - BUSPROG: Ethics STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilit ies KEYWORDS: Blooms: Comprehension 2. Social responsibility is a. an organization's obligation to maximize its positive effects and minimize its negat ive effects on stakeholders. b. principles and standards that guide behavior in the world of business. c. a business's responsibility not to pollute the environment. d. a business's responsibility to manufacture products that function properly. e. charitable contributions made by a business to enhance its image. ANSWER: a POINTS: 1 DIFFICULTY: Easy REFERENCES: p. 23 LEARNING OBJECTIVES: LO: 1-4 - Gain insight into the extent of ethical misconduct in the workplace and the pressures for unethical behavior. NATIONAL STANDARDS: United States - BUSPROG: Ethics STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilit ies KEYWORDS: Blooms: Knowledge 3. The was/were enacted to restore confidence in financial reporting and business ethics after the accounting scandals of the early 2000s. a. Defense Industry Initiative on Business Ethics and Conduct b. Sarbanes-Oxley Act c. Federal Sentencing Guidelines for Organizations d. Foreign Corrupt Practices Act e. Dodd -Frank Wall Street Reform and Consumer Protection Act ANSWER: b POINTS: 1 DIFFICULTY: Moderate REFERENCES: p. 13 LEARNING OBJECTIVES: LO: 1-2 - Examine the historical foundations and evolution of business ethics. NATIONAL STANDARDS: United States - BUSPROG: Ethics STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilit ies KEYWORDS: Blooms: Knowledge 4. The term business ethics is best described by the following statement: a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong. b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards and rules of conduct." c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession." d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders. e. It comprises the principles, values, and standards that guide behavior in the world of business. ANSWER: e POINTS: 1 DIFFICULTY: Moderate REFERENCES: p. 5 LEARNING OBJECTIVES: LO: 1-1 - Explore conceptualizations of business ethics from an organizational perspective. NATIONAL STANDARDS: United States - BUSPROG: Ethics STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilit ies KEYWORDS: Blooms: Knowledge
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