Business Ethics: Decision Making for Personal Integrity & Social Responsibility 4th Edition Test ban
FALSE
Ethical business leadership is the skill to create the circumstances in which good people are able to do good, and bad people are prevented from doing bad. Business leaders have a responsibility for the business environment that they create.
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-03 Distinguish the ethics of personal integrity from the ethics of social responsibility.
Topic: Business Ethics as Personal Integrity and Social Responsibility
9. Norms appeal to certain values that would be promoted or attained by acting in a certain way.
TRUE
Norms establish the guidelines or standards for determining what we should do, how we should act, what type of person we should be. Another way of expressing this point is to say that norms appeal to certain values that would be promoted or attained by acting in a certain way.
AACSB: Analytical Thinking
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
10. Values are the only guidance individuals need to act in ways that are positive or ethical.
FALSE
In general, values are those beliefs that incline us to act or to choose one way rather than another. One important implication of this guidance, of course, is that an individual's or a corporation's set of values may lead to either ethical or unethical results.
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
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
11. Ethical values are personal codes of ethics that ensure that a person meets his or her individual standards of well-being.
FALSE
It is important to know two elements of ethical values. First, ethical values serve the ends of human well-being. Second, the well-being promoted by ethical values is not a personal and selfish well-being. Thus, ethical values are those beliefs and principles that impartially promote human well-being.
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Understand
Difficulty: 2 Medium
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
12. The well-being promoted by ethical values is not a personal and selfish well-being.
TRUE
It is important to know two elements of ethical values. First, ethical values serve the ends of human well-being. Second, the well-being promoted by ethical values is not a personal and selfish well-being. Thus, ethical values are those beliefs and principles that impartially promote human well-being.
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
13. Societies that value individual freedom legally stipulate codes of personal integrity and common decency to safeguard this freedom.
TRUE
Liberal societies that value individual freedom will seek to legally prohibit the most serious ethical harms. However, they will not legally require acts of charity, common decency, and personal integrity that may otherwise comprise the social fabric of a developed culture.
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
14. In civil law, there is no room for ambiguity in applying the law because much of the law is established by past precedent.
FALSE
In civil law (as opposed to criminal law), where much of the law is established by past precedent, there is always room for ambiguity in applying the law.
AACSB: Ethics
Accessibility: Keyboard Navigation
Blooms: Remember
Difficulty: 1 Easy
Learning Objective: 01-06 Explain why ethical responsibilities go beyond legal compliance.