100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12, Complete Newest Version$21.49
Add to cart
Business Ethics, 13th Edition By Ferrell/Fraedrich
Business Ethics, 13th edition by Ferrell/Fraedrich
Exam (elaborations)
TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12, Complete Newest Version
5 views 0 purchase
Course
Business Ethics, 13th edition by Ferrell/Fraedrich
Institution
Business Ethics, 13th Edition By Ferrell/Fraedrich
TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12, Complete Newest Version TEST BANK For Business Ethics Ethical Decision Making and Cases, 13th Edition By O. C. Ferrell, John Fraedrich, Verified Chapters 1 - 12,...
TEST BANK
Business Ethics Ethical Decision Making and Cases, 13th Edition
By O. C. Ferrell, John Fraedrich, All Chapters 1 - 12
,TABLE OF CONTENTS qz qz qz
Part 1: An Overview of Business Ethics
qz qz qz qz qz qz
1: The Importance of Business Ethics
qz qz qz qz qz
2: Stakeholder Relationships, Social Responsibility, and Corporate Governance
qz qz qz qz qz qz qz
3: Sustainability: Ethical and Social Responsibility Dimensions
qz qz qz qz qz qz
Part 2: Ethical Issues and the Institutionalization of Business Ethics
qz qz qz qz qz qz qz qz qz
4: The Institutionalization of Business Ethics
qz qz qz qz qz
5: Emerging Business Ethics Issues
qz qz qz qz
Part 3: The Decision-Making Process
qz qz qz qz
6: Ethical Decision Making
qz qz qz
7: Individual Factors: Moral Philosophies and Values
qz qz qz qz qz qz
8: Organizational Factors: The Role of Ethical Culture and Relationships
qz qz qz qz qz qz qz qz qz
Part 4: Implementing Business Ethics in a Global Economy
qz qz qz qz qz qz qz qz
9: Developing and Implementing an Effective Ethics Program
qz qz qz qz qz qz qz
10: Global Business Ethics Issues
qz qz qz qz
11: Ethical Leadership
qz qz
12: Technology: Ethics and Social Responsibility Issues
qz qz qz qz qz qz
,1: The Importance of Business Ethics
qz qz qz qz qz
1. Principles are qz
a. laws and regulations that guide behavior in the world of business.
qz qz qz qz qz qz qz qz qz qz
b. mores, values, and customs that guide behavior in general.
qz qz qz qz qz qz qz qz
c. specific and pervasive boundaries for behavior that are universal and absolute.
qz qz qz qz qz qz qz qz qz qz
d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on stake
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz
holders.
e. the mores, values, and customs that parents teach their children.
qz qz qz qz qz qz qz qz qz
ANSWER: c
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 5 qz
LEARNING OBJECTIVES: LO: 1-1 - qz q z qz qz
Explore conceptualizations of business ethics from an organizational perspective. qz qz qz qz qz qz qz qz qz
NATIONAL STANDARDS: United States - BUSPROG: Ethics qz q z q z qz qz qz qz
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz
KEYWORDS: Blooms: Comprehension qz
2. Social responsibility is
qz qz
a. an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
qz qz qz qz qz qz qz qz qz qz qz qz qz qz
b. principles and standards that guide behavior in the world of business.
qz qz qz qz qz qz qz qz qz qz
c. a business's responsibility not to pollute the environment.
qz qz qz qz qz qz qz
d. a business's responsibility to manufacture products that function properly.
qz qz qz qz qz qz qz qz
e. charitable contributions made by a business to enhance its image.
qz qz qz qz qz qz qz qz qz
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 23 qz
LEARNING OBJECTIVES: LO: 1-4 - qz q z qz qz
Gain insight into the extent of ethical misconduct in the workplace and the pressures for une qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz
thical behavior. qz
NATIONAL STANDARDS: United States - BUSPROG: Ethics qz q z q z qz qz qz qz
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz
KEYWORDS: Blooms: Knowledge qz
, 3. Theqz
was/were enacted to restore confidence in financial reporting and business ethics after the accounting sca
qz qz qz qz qz qz qz qz qz qz qz qz qz qz
ndals of the early 2000s.
qz qz qz qz
a. Defense Industry Initiative on Business Ethics and Conduct
qz qz qz qz qz qz qz
b. Sarbanes-Oxley Act qz
c. Federal Sentencing Guidelines for Organizations
qz qz qz qz
d. Foreign Corrupt Practices Act qz qz qz
e. Dodd-Frank Wall Street Reform and Consumer Protection Act
qz qz qz qz qz qz qz
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 13 qz
LEARNING OBJECTIVES: LO: 1-2 - Examine the historical foundations and evolution of business ethics.
qz q z qz qz qz qz qz qz qz qz qz qz qz
NATIONAL STANDARDS: United States - BUSPROG: Ethics
qz q z q z qz qz qz qz
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz
KEYWORDS: Blooms: Knowledge qz
4. The term business ethics is best described by the following statement:
qz qz qz qz qz qz qz qz qz qz
a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz
b. It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral jud
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz
gments, standards and rules of conduct."
qz qz qz qz qz
c. It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or st
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz
andards governing the conduct of the members of a profession."
qz qz qz qz qz qz qz qz qz
d. It is an organization's obligation to maximize its positive effects and minimize its negative effects on stake
qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz qz
holders.
e. It comprises the principles, values, and standards that guide behavior in the world of business.
qz qz qz qz qz qz qz qz qz qz qz qz qz qz
ANSWER: e
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 5 qz
LEARNING OBJECTIVES: LO: 1-1 - qz q z qz qz
Explore conceptualizations of business ethics from an organizational perspective. qz qz qz qz qz qz qz qz qz
NATIONAL STANDARDS: United States - BUSPROG: Ethics
qz q z q z qz qz qz qz
STATE STANDARDS: United States - NONE - DISC: Ethical Responsibilities - Ethical Responsibilities
qz qz qz qz qz qz qz qz qz qz qz
KEYWORDS: Blooms: Knowledge qz
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
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 Smartdove. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $21.49. You're not tied to anything after your purchase.
