BOMI - Ethics is Good Business Exam Practice Questions and Answers
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Course
BOMI
Institution
BOMI
BOMI - Ethics is Good Business Exam
Practice Questions and Answers
All of the following were major ethical dilemmas of the 1990s except:
a. unsafe work practices in third world countries.
b. increased corporate liability for personal damage.
c. financial mismanagement and fraud.
d. employee m...
d. public reluctance to use a company's products or services. - Answer✔️✔️-increased
corporate transparency
By valuing ethics, an organization promotes and rewards all of the following except:
a. honesty.
b. punctuality.
c. fairness
d. integrity. - Answer✔️✔️-punctuality
(True/ False) The role of civil rights in the workplace was a major ethical dilemma faced
in the 1960s. - Answer✔️✔️-True
(True/ False) Research, newspaper, and magazine articles have suggested that an
organization's bottom line is strengthened when the business acts in an ethical, legal,
and socially responsible manner. - Answer✔️✔️-True
(True/ False) Boards of directors and managers are not expected to take responsibility
for overseeing and managing compliance and ethics programs. - Answer✔️✔️-False
(True/ False) Federal guidelines are the only reason that an organization needs to
consider its ethical practices. - Answer✔️✔️-False
(True/ False) According to the National Business Ethics Survey, ethical problems have
been basically eradicated from the workplace by the 1991 Federal Sentencing
Guidelines. - Answer✔️✔️-False
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