Test bank Business ethics ethical decision making cases 13th Edition By O. C. Ferrell, John Fraedrich.pdf
0 view 0 purchase
Course
Business ethicks ethicks
Institution
Business Ethicks Ethicks
Test bank Business ethics ethical decision making cases 13th Edition By O. C. Ferrell, John FTest bank Business ethics ethical decision making cases 13th Edition By O. C. Ferrell, John FTest bank Business ethics ethical decision making cases 13th Edition By O. C. Ferrell, John F
1. Principles6are
a. laws6and6regulations6that6guide6behavior6in6the6world6of6business.
b. mores,6values,6and6customs6that6guide6behavior6in6general.
c. specific6and6pervasive6boundaries6 for6behavior6that6are6universal6and6absolute.
d. the6obligations6businesses6assume6to6maximize6their6positive6impact6and6minimize6their6negative6
impact6on6 stakeholders.
e. the6mores,6values,6and6customs6that6parents6teach6their6children.
2. Social6responsibility6is
a. an6organization's6 obligation6to6maximize6its6positive6effects6and6minimize6its6negative6effects6on6stakehol
ders.
b. principles6and6standards6that6guide6behavior6in6the6world6of6business.
c. a6business's6responsibility6not6to6pollute6the6environment.
d. a6business's6responsibility6to6manufacture6products6that6function6properly.
e. charitable6contributions6made6by6a6business6to6enhance6its6image.
, 3. The
was/were6enacted6to6restore6confidence6in6financial6reporting6and6business6ethics6after6the6accountin
g6 scandals6of6the6early62000s.
a. Defense6Industry6Initiative6on6Business6Ethics6and6Conduct
b. Sarbanes-Oxley6 Act
c. Federal6Sentencing6Guidelines6for6Organizations
d. Foreign6Corrupt6Practices6 Act
e. Dodd-Frank6Wall6Street6Reform6and6Consumer6Protection6Act
4. The6term6business6 ethics6 is6best6described6 by6the6following6 statement:
a. It6is6the6study6and6philosophy6of6human6conduct,6with6an6emphasis6on6determining6right6and6wrong.
b. It6is6an6"inquiry6into6the6nature6and6grounds6of6morality6where6the6term6morality6is6taken6to6m
ean6moral6 judgments,6standards6and6rules6of6conduct."
c. It6is6the6"study6of6the6general6nature6of6morals6and6of6specific6moral6choices;6moral6philosophy;6and6
the6rules6or6 standards6governing6the6conduct6of6the6members6of6a6profession."
d. It6is6an6organization's6obligation6to6maximize6its6positive6effects6and6minimize6its6negative6
effects6on6 stakeholders.
e. It6comprises6the6principles,6values,6and6standards6that6guide6behavior6in6the6world6of6business.
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller AGRADEPROMASTER. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $19.99. You're not tied to anything after your purchase.
