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Business ethics ethical decision making cases 13th Edition By O. C. Ferrell, John Fraedrich.pdf
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TEST BANKBusiness Ethics Ethical Decision Making and Cases, 13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
,TABLE8OF8CONTENTS8
Part81:8An8Overview8of8Business8Ethics8 1:8The8Import
ance8of8Business8Ethics
2:8Stakeholder8Relationships,8Social8Responsibility,8and8Corporate8Governance8 3:8Sustainability:8Ethical8
and8Social8Responsibility8Dimensions
Part82:8Ethical8Issues8and8the8Institutionalization8of8Business8Ethics8 4:8The8Institutionalization8
of8Business8Ethics
5:8Emerging8Business8Ethics8Issues88Part83:8The8Decis
ion-Making8Process8 6:8Ethical8Decision8Making
7:8Individual8Factors:8Moral8Philosophies8and8Values
8:8Organizational8Factors:8The8Role8of8Ethical8Culture8and8Relationships88Part84:8Implementing8Busine
ss8Ethics8in8a8Global8Economy
9:8Developing8and8Implementing8an8Effective8Ethics8Program8 10:8Global8Business8Eth
ics8Issues
11:8Ethical8Leadership
12:8Technology:8Ethics8and8Social8Responsibility8Issues
,1:8The8Importance8of8Business8Ethics
1. Principles8are
a. laws8and8regulations8that8guide8behavior8in8the8world8of8business.
b. mores,8values,8and8customs8that8guide8behavior8in8general.
c. specific8and8pervasive8boundaries8 for8behavior8that8are8universal8and8absolute.
d. the8obligations8businesses8assume8to8maximize8their8positive8impact8and8minimize8their8negative8
impact8on8 stakeholders.
e. the8mores,8values,8and8customs8that8parents8teach8their8children.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.85
LEARNING8OBJECTIVES:8 LO:81-18-
8Explore8conceptualizations8 of8business8ethics8from8an8organizational8 perspect
ive.
NATIONAL8 STANDARDS:888 United8States8-8BUSPROG:8 Ethics
STATE8 STANDARDS: United8States8-8NONE8-8DISC:8Ethical8Responsibilities8 -8Ethical8Responsibilities
KEYWORDS: Blooms:8Comprehension
2. Social8responsibility8is
a. an8organization's8 obligation8to8maximize8its8positive8effects8and8minimize8its8negative8effects8on8stakehol
ders.
b. principles8and8standards8that8guide8behavior8in8the8world8of8business.
c. a8business's8responsibility8not8to8pollute8the8environment.
d. a8business's8responsibility8to8manufacture8products8that8function8properly.
e. charitable8contributions8made8by8a8business8to8enhance8its8image.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p.823
LEARNING8 OBJECTIVES:88 LO:81-48-
8Gain8insight8into8the8extent8of8ethical8misconduct8in8the8workplace8and8the8 pr
essures8for8unethical8behavior.
NATIONAL8 STANDARDS:888 United8States8-8BUSPROG:8 Ethics
STATE8 STANDARDS: United8States8-8NONE8-8DISC:8Ethical8Responsibilities8 -8Ethical8Responsibilities
KEYWORDS: Blooms:8Knowledge
, 3. The
was/were8enacted8to8restore8confidence8in8financial8reporting8and8business8ethics8after8the8accountin
g8 scandals8of8the8early82000s.
a. Defense8Industry8Initiative8on8Business8Ethics8and8Conduct
b. Sarbanes-Oxley8 Act
c. Federal8Sentencing8Guidelines8for8Organizations
d. Foreign8Corrupt8Practices8 Act
e. Dodd-Frank8Wall8Street8Reform8and8Consumer8Protection8Act
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.813
LEARNING8OBJECTIVES:88LO:81-28-8Examine8the8historical8foundations8and8evolution8of8business8ethics.
NATIONAL8 STANDARDS:888 United8States8-8BUSPROG:8 Ethics
STATE8 STANDARDS: United8States8-8NONE8-8DISC:8Ethical8Responsibilities8 -8Ethical8Responsibilities
KEYWORDS: Blooms:8Knowledge
4. The8term8business8 ethics8 is8best8described8 by8the8following8 statement:
a. It8is8the8study8and8philosophy8of8human8conduct,8with8an8emphasis8on8determining8right8and8wrong.
b. It8is8an8"inquiry8into8the8nature8and8grounds8of8morality8where8the8term8morality8is8taken8to8m
ean8moral8 judgments,8standards8and8rules8of8conduct."
c. It8is8the8"study8of8the8general8nature8of8morals8and8of8specific8moral8choices;8moral8philosophy;8and8
the8rules8or8 standards8governing8the8conduct8of8the8members8of8a8profession."
d. It8is8an8organization's8obligation8to8maximize8its8positive8effects8and8minimize8its8negative8
effects8on8 stakeholders.
e. It8comprises8the8principles,8values,8and8standards8that8guide8behavior8in8the8world8of8business.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p.85
LEARNING8OBJECTIVES:8 LO:81-18-
8Explore8conceptualizations8 of8business8ethics8from8an8organizational8 pers
pective.
NATIONAL8 STANDARDS:888 United8States8-8BUSPROG:8 Ethics
STATE8 STANDARDS: United8States8-8NONE8-8DISC:8Ethical8Responsibilities8 -8Ethical8Responsibilities
KEYWORDS: Blooms:8Knowledge
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