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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$18.49
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, Complete Newest VersionTEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12, ...
1. Principles aare
a. laws aand aregulations a that aguide abehavior ain athe aworld aof abusiness.
b. mores, avalues, aand acustoms athat aguide abehavior ain ageneral.
c. specific aand apervasive aboundaries afor abehavior athat aare auniversal aand aabsolute.
d. the aobligations abusinesses aassume ato amaximize atheir apositive aimpact aand aminimize atheir
anegative aimpact aon a stakeholders.
e. the amores, avalues, aand acustoms a that aparents ateach atheir achildren.
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. a5
LEARNING aOBJECTIVES: a LO: a1-1 a- aExplore aconceptualizations a of abusiness aethics afrom aan
aorganizational a perspective.
NATIONAL a STANDARDS: a a a United aStates a- aBUSPROG: a Ethics
STATE a STANDARDS: United aStates a- aNONE a- aDISC: aEthical aResponsibilities a- aEthical aResponsibilities
KEYWORDS: Blooms: aComprehension
2. Social aresponsibility ais
a. an aorganization's a obligation ato amaximize aits apositive aeffects aand aminimize aits anegative aeffects aon
astakeholders.
b. principles aand astandards athat aguide abehavior ain athe aworld aof abusiness.
c. a abusiness's a responsibility a not ato apollute athe aenvironment.
d. a abusiness's aresponsibility ato amanufacture aproducts athat afunction aproperly.
e. charitable acontributions a made aby aa abusiness ato aenhance aits aimage.
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. a23
LEARNING a OBJECTIVES: a a LO: a1-4 a- aGain ainsight ainto athe aextent aof aethical amisconduct ain athe
aworkplace aand athe a pressures afor aunethical abehavior.
NATIONAL a STANDARDS: a a a United aStates a- aBUSPROG: a Ethics
STATE a STANDARDS: United aStates a- aNONE a- aDISC: aEthical aResponsibilities a- aEthical aResponsibilities
KEYWORDS: Blooms: aKnowledge
, 3. The was/were aenacted ato arestore aconfidence ain afinancial areporting aand abusiness aethics
aafter athe aaccounting a scandals aof athe aearly a2000s.
a. Defense aIndustry aInitiative aon aBusiness aEthics aand aConduct
b. Sarbanes-Oxley a Act
c. Federal aSentencing aGuidelines afor aOrganizations
d. Foreign a Corrupt a Practices a Act
e. Dodd-Frank a Wall aStreet aReform aand aConsumer aProtection a Act
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. a13
LEARNING aOBJECTIVES: a aLO: a1-2 a- aExamine athe ahistorical afoundations aand aevolution aof abusiness
aethics.
NATIONAL a STANDARDS: a a a United aStates a- aBUSPROG: a Ethics
STATE a STANDARDS: United aStates a- aNONE a- aDISC: aEthical aResponsibilities a- aEthical
aResponsibilities
KEYWORDS: Blooms: aKnowledge
4. The aterm a business a ethics a is abest adescribed a by athe afollowing a statement:
a. It ais athe astudy aand aphilosophy aof ahuman aconduct, awith aan aemphasis aon adetermining aright aand awrong.
b. It ais aan a"inquiry ainto athe anature aand agrounds aof amorality awhere athe aterm amorality ais ataken
ato amean amoral a judgments, astandards aand arules aof aconduct."
c. It ais athe a"study aof athe ageneral anature aof amorals aand aof aspecific amoral achoices; amoral aphilosophy;
aand athe arules aor a standards agoverning athe aconduct aof athe amembers aof aa aprofession."
d. It ais aan aorganization's aobligation ato amaximize aits apositive aeffects aand aminimize aits
anegative aeffects aon a stakeholders.
e. It acomprises athe aprinciples, avalues, aand astandards athat aguide abehavior ain athe aworld aof abusiness.
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. a5
LEARNING aOBJECTIVES: a LO: a1-1 a- aExplore aconceptualizations a of abusiness aethics afrom aan
aorganizational a perspective.
NATIONAL a STANDARDS: a a a United aStates a- aBUSPROG: a Ethics
STATE a STANDARDS: United aStates a- aNONE a- aDISC: aEthical aResponsibilities a- aEthical
aResponsibilities
KEYWORDS: Blooms: aKnowledge
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