BUSN 201 Midterm A Exam Questions With Correct Answers
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Course
BUSN 201
Institution
BUSN 201
BUSN 201 Midterm A Exam Questions With
Correct Answers
Are right or wrong. - answerBusiness ethics looks at whether business decisions
F - answerIf the owners of a certain grade of wheat stored in a single silo hold title as tenants
in common, a seller-owner can pass title to a buyer only by se...
BUSG 210 - Practice Midterm II Exam
Questions With Correct Answers
Which company attributes increase in value as stakeholders view that company in a positive
light? - answer✔✔company name or logo
An ethical financial advisor must ________. - answer✔✔be truthful about all fees
True or false? Goodwill only applies to shareholders, and it is the amount of money a
shareholder could make after selling a holding in a company. - answer✔✔false
Which of the following best describes the role of ethics in a business environment? -
answer✔✔guiding the conduct by which companies and their agents abide by the law
True or false? Employees consider whether a company is ethical when selecting potential
employers. - answer✔✔true
True or false? The Forbes list of ethical companies is based on the publication's own research
rather than a governmental standard. - answer✔✔true
Which elements constitute corporate culture? - answer✔✔how the CEO interacts with his or her
employees and managers
True or false? The environment is not considered a stakeholder. - answer✔✔false
An analysis of perceived priority of shareholder impact should include which of the following? -
answer✔✔interests and goals of shareholders
Why is ethical relativism a good concept to adopt? (Select all that apply.) - answer✔✔One does
not want an inconsistent outcome.
Which is the best example of a recent company crisis caused by poor leadership? -
answer✔✔Uber
The basic unit of utilitarianism is a util, which acts as a ________. - answer✔✔monetary unit
True or false? An application of Rawls's justice theory results in business ethics being the duty of
a corporate compliance or ethics department. - answer✔✔false
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