Business Ethics: Decision Making for Personal Integrity & Social Responsibility 4th Edition Test ban

 
AACSB: Analytical Thinking
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Distinguish ethical norms and values from other business-related norms and values.
Topic: Business Ethics as Personal Integrity and Social Responsibility
 
 
42. Which of the following is a way of saying that a corporation has a set of identifiable values that establish the expectations for what is normal within the firm?
 
A. Organizational culture
 
B. Organizational policy
 
C. Organizational code
 
D. Organizational structure
 
Talk of a corporation's "culture" is a way of saying that a corporation has a set of identifiable values that establish the expectations for what is "normal" within that firm. These norms guide employees, implicitly more often than not, to behave in ways that the firm values and finds worthy.
 
AACSB: Analytical Thinking
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Distinguish ethical norms and values from other business-related norms and values.
Topic: Business Ethics as Personal Integrity and Social Responsibility
 
 
43. Ethics requires that the promotion of human welfare be done:
 
A. based on the personal opinions of the decision maker.
 
B. based on the level of need of the beneficiaries.
 
C. understanding the religious beliefs of the beneficiary.
 
D. in a manner that is acceptable and reasonable from all relevant points of view.
 
From the perspective of ethics, no one person's welfare is more worthy than any other's. Ethical acts and choices should be acceptable and reasonable from all relevant points of view.
 
AACSB: Analytical Thinking
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-04 Distinguish ethical norms and values from other business-related norms and values.
Topic: Business Ethics as Personal Integrity and Social Responsibility
 
 
44. Dramatic examples of tyrannical regimes in history demonstrate that:
 
A. societies valuing freedom welcome laws that require more than the ethical minimum.
 
B. just societies can only be achieved through strict enforcement of ethical codes.
 
C. obedience to the law almost always makes people apathetic towards their ethical duties.
 
D. one's ethical responsibility may run counter to the law.
 
Holding that obedience to the law is sufficient to fulfill one's ethical duties begs the question of whether the law, itself, is ethical. Dramatic examples from history, including Nazi Germany and apartheid in South Africa, demonstrate that one's ethical responsibility may run counter to the law.
 
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-05 Distinguish legal responsibilities from ethical responsibilities.
Topic: Ethics and the Law
 
 
45. Telling organizations that their ethical responsibilities end with obedience to the law:
 
A. is just inviting more legal regulation.
 
B. is enough to maintain an ethical business environment.
 
C. reduces the frequency of corporate scandals.
 
D. eliminates ambiguity while making personal ethics-related decisions.
 
Telling business that its ethical responsibilities end with obedience to the law is just inviting more legal regulation.
 
AACSB: Analytical Thinking
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
Learning Objective: 01-05 Distinguish legal responsibilities from ethical responsibilities.
Topic: Ethics and the Law
 
 
 
 
 
 
46. The failure of personal ethics among companies like Enron and WorldCom led to the creation of the:
 
A. Brooks Act.
 
B. Gramm-Leach-Bliley Act.
 
C. Clinger-Cohen Act.
 
D. Sarbanes-Oxley Act.
 
It was the failure of personal ethics among companies such as Enron and WorldCom that led to the creation of the Sarbanes-Oxley Act and many other legal reforms.
 
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-05 Distinguish legal responsibilities from ethical responsibilities.
Topic: Ethics and the Law