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BOMI - Ethics is Good Business Exam Practice Questions and Answers

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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...

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  • September 13, 2024
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  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • BOMI
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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 militancy. - Answer✔️✔️-employee militancy

All of the following are major ethical dilemmas of the 2000s except:

a. cybercrime.

b. privacy issues/data mining.

c. deceptive advertising.

d. intellectual property theft. - Answer✔️✔️-deceptive advertising

In response to ethical breaches by organizations, the U.S. federal government in 1991

added a chapter to the:

a. Legal Code of Business Ethics.

b. Corporate Interest in Ethics Guidelines.

c. Federal Sentencing Guidelines.

d. U.S. Code of Ethics for Government Service. - Answer✔️✔️-Federal Sentencing

Guidelines

All of the following are potential outcomes of unethical business decisions except:


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, ©SOPHIABENNETT EXAM SOLUTIONS_2024/2025 Tuesday, September 3, 2024 10:30 AM


a. bad public relations.

b. increased corporate transparency.

c. increased government scrutiny.

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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