Business Ethics Comprises

NOTE 1. CASE 2, p3163241. Business moral philosophy comprisesA) the laws and regulations that manoeuvre behavior in the globe of business.B) the morals, values, and usage that guide behavior in general.C) the principles and standards that guide behavior in the world of business.D) the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders.E) the morals, values, and customs that parents teach their children.2. Social responsibility isA) an organizations obligation to maximize its positive effects and minimize its negative effects on stakeholders.B) principles and standards that guide behavior in the world of business.C) a businesss responsibility not to pollute the environment.D) a businesss responsibility to manufacture products that function properly without harming consumers.E) charitable contributions made by a business to resurrect its image.3. Which of the following is not one of the pays spelled out by John F.Ken nedy in his Consumers Bill of Rights? .A) The right to shootB) The right to safetyC) The right to be informedD) The right to be honourableE) The right to be heard4. Business ethics was acknowledged as a field of ascertain by business academics and practitioners in the .A) mid-nineties.B) 1980s.C) 1970s.D) 1960s.E) years prior to 1960.5. Which statement stovepipe describes the evolution of business ethics?A) From a field of study to theological intervention to recognition of social issuesB) From recognition of social issues to a field of study to theological discussionC) From a field of study to recognition of social issues to theological discussionD) From recognition of social issues to theological discussion to a field of studyE) From theological discussion to recognition of social issues to a field of study6. Before the 1960s, ethical issues related to business were often discussedA) theologically.B) economically.C) politically.D) sociologically.E) psychologically.7. The stud y of business ethics is important to better gain all of the following exceptA) that a persons own moral philosophies and decision-making experiences may not be sufficient to guide him or her in the business world.B) how and why state make ethical or unethical decisions.C) how to cope with conflicts between a persons own values and those of the organization in which he or she works.D) that business ethics is merely an extension of an individuals own personal ethics.E) how to identify ethical issues that arise in the business world.8. Individuals personal ethics play a major usage in the evaluation of business decisions only when their preferences or valuesA) differ from those of their employer.B) influence their performance in the workplace.C) are unethical.D) are ethical.E) result in negative promotion for their employer.9. The ability of a business organization to achieve its business goals is directly affected by whether its behavior is judged to be right or wrong byA) society .B) its due north members.C) its employees.D) Congress.E) its competitors.10. An individual with acceptable personal ethics may not be able to handle complex business ethical issues if the individual hasA) family concerns.B) an unethical boss.C) throttle business experience.D) financial concerns.E) a marketing background.11. The study of business ethics in North America has evolved through _____ distinct stages.A) fiveB) fourC) threeD) tenE) nine12. Business professors began to teach and make unnecessary well-nigh social responsibility during theA) 1960s.B) 1970s.C) 1980s.D) 1990s.E) 2000s.13. To be successful, relationships with investors must rest on dependability, _____, and commitment.A) ProfitsB) DividendsC) TrustD) ConfidenceE) codes of ethics14. Recently, what type of unethical behavior within business has resulted in a remarkable reduction of trust among the general public?A) Accounting fraudB) Environmentally unsafe practicesC) Employee discrimination and harassmentD) D efective productsE) Bribery15. Which of the following is not one of the rewards for being ethical and socially responsible in business?A) Greater employee commitmentB) Greater employee turnoverC) Improved customer trust and satisfactionD) Increased investor willingness to entrust fundsE) Better financial performance16. Employees perceptions of their firm as having an ethical climate lead toA) lack of focus on goals.B) negative performance.C) social responsibility.D) improved relationships with competitors.E) performance-enhancing outcomes.17. When employees see honesty, respect, and trust applied frequently in the workplace, theyA) feel little pressure to compromise ethical standards.B) observe less misconduct.C) are more satisfied with their organizations overall.D) feel more valued as employees.E) All of these18. Investors are concerned about business ethics because they know that misconduct canA) foster stability.B) improve employee commitment.C) improve customer loyalty.D) low er stock prices.E) raise stock prices.19. Most squiffy organizational climates focus on the core value of placing ________ interests first.A) customersB) employeesC) stockholdersD) suppliersE) distributorsAnsA FormatMultipleChoice Page2120. In the history of business ethics, the 1990s can best be described as a time when business ethics wasA) formalized.B) consolidated.C) institutionalized.D) popularized.E) marginalized.21. An ethical issue is a problem, situation, or opportunityA) that harms consumers.B) that harms the environment.C) that requires society to choose among several actions that must be evaluated as right or wrong.D) that requires an individual, group, or organization to choose among several actions that must be evaluated as ethical or unethical.E) that requires an individual, group, or organization to choose between harming consumers or the environment and earning more profits.22. Ethical issues in business are defined byA) customers.B) government regulators.C) emplo yees.D) shareholders.E) stakeholders.23. Which of the following statements about stakeholders is correct?A) None of the external stakeholders are primary stakeholders.B) External stakeholders cannot be primary stakeholders.C) All internal stakeholders are primary stakeholders.D) Coop stakeholders cannot be secondary.E) unoriginal stakeholders can be tertiary.24. Which of the following does not represent the set of primary stakeholders of a business?A) Employees, customers, and investorsB) Shareholders, the community, and the mediaC) Customers, investors, and governmentD) Employees, investors, and shareholdersE) The community, employees, and government25. The primary responsibility of ensuring that ethical, legal, and social standards are adhered to within a business rests withA) the investors.B) the government.C) the management board.D) the employees.E) the customers.