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BOMI - Ethics Is Good Business (Questions & A+ Answers)

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BOMI - Ethics Is Good Business (Questions & A+ Answers)

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  • August 13, 2024
  • 15
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BOMI
  • BOMI
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LeCrae
BOMI - Ethics Is Good Business (Questions & A+
Answers)

All of the following were major ethical dilemmas of the 1990s except:
a. unsafe work practices in third world countries.
b. increased corporate liability for personal damage.
c. financial mismanagement and fraud.
d. employee militancy. Right Ans - employee militancy

All of the following are major ethical dilemmas of the 2000s except:
a. cybercrime.
b. privacy issues/data mining.
c. deceptive advertising.
d. intellectual property theft. Right Ans - deceptive advertising

In response to ethical breaches by organizations, the U.S. federal government
in 1991 added a chapter to the:
a. Legal Code of Business Ethics.
b. Corporate Interest in Ethics Guidelines.
c. Federal Sentencing Guidelines.
d. U.S. Code of Ethics for Government Service. Right Ans - Federal
Sentencing Guidelines

All of the following are potential outcomes of unethical business decisions
except:
a. bad public relations.
b. increased corporate transparency.
c. increased government scrutiny.
d. public reluctance to use a company's products or services. Right Ans -
increased corporate transparency

By valuing ethics, an organization promotes and rewards all of the following
except:
a. honesty.
b. punctuality.
c. fairness
d. integrity. Right Ans - punctuality

, (True/ False) The role of civil rights in the workplace was a major ethical
dilemma faced in the 1960s. Right Ans - True

(True/ False) Research, newspaper, and magazine articles have suggested that
an organization's bottom line is strengthened when the business acts in an
ethical, legal, and socially responsible manner. Right Ans - True

(True/ False) Boards of directors and managers are not expected to take
responsibility for overseeing and managing compliance and ethics programs.
Right Ans - False

(True/ False) Federal guidelines are the only reason that an organization
needs to consider its ethical practices. Right Ans - False

(True/ False) According to the National Business Ethics Survey, ethical
problems have been basically eradicated from the workplace by the 1991
Federal Sentencing Guidelines. Right Ans - False

The foundation of the Western ethical tradition is the:
a. Torah.
b. New Testament.
c. Ten Commandments.
d. works of Socrates. Right Ans - Ten Commandments.

All of the following are distinctions that can be drawn between religion and
morality except:
a. people do good for nonreligious reasons such as altruism or a fear of
punishment.
b. moral instructions allow for bad deeds as long as they are done in the name
of religion.
c. people do good out of habit, or as a result of their upbringing.
moral instructions from religions can be general and vague. Right Ans -
moral instructions allow for bad deeds as long as they are done in the name of
religion

A system or code of morals that provides a code for living is referred to as:
a. values.
b. integrity.

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