Question 1

Acting in good faith gives a business firm a better chance of defending its actions in court.​

Accepted Answer

A) True 
 B)False

Question 2

Any decision by the management of Fast-Food Franchise Corporation may significantly affect its​

Accepted Answer

A)   ​operators only.
B)   ​operators, owners, suppliers, the community, or society as a whole.
C)   ​owners only.
D)   ​suppliers, the community, or society as a whole only.E) A) and D)
F) C) and D)

Question 3

Ethics is the study of the principles that lead to financially successful conduct.​

Accepted Answer

A) True 
 B)False

Question 4

Ethics is as clearly defined as the law.​

Accepted Answer

A) True 
 B)False

Question 5

Provident Medical Health Center asks its employees, many of which are members of the American Nurses Association, to apply the utilitarian theory of ethics. This theory does not require​

Accepted Answer

A)   ​a choice among alternatives to produce the maximum societal utility.
B)   ​a determination of whom an action will affect.
C)   ​an assessment of the effects of alternatives on those affected.
D)   ​the acquiring of the means of production by workers.E) C) and D)
F) None of the above

Question 6

Brewster, the chief executive officer of Cog & Gear Lubricants Corporation, wants to ensure that Cog & Gear's activities are legal and ethical. The best course for Brewster and Cog & Gear is to act​

Accepted Answer

A)   ​in good faith.
B)   ​out of ignorance of the law.
C)   ​with regard for the firm's shareholders only.
D)   ​in their own self-interest.E) B) and C)
F) B) and D)

Question 7

Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that​

Accepted Answer

A)   ​agrees to produce goods at Team Logos's desired price.
B)   ​goes unnoticed by "corporate watch" groups.
C)   ​routinely violates labor and environmental standards.
D)   ​pays its workers less than the U.S. minimum wage.E) A) and C)
F) None of the above

Question 8

Under the principle of rights theory, one person's principles are as "right" as another's.​

Accepted Answer

A) True 
 B)False

Question 9

GetTogether, A Social Media Company encourages its managers to behave ethically, reasoning that lower-level employees will take their cues from management. One of the most important ways to create and maintain an ethical workplace is for GetTogether's management to​

Accepted Answer

A)   ​demonstrate a commitment to ethical decision making.
B)   ​discreetly engage in unethical or illegal acts.
C)   ​look the other way when an employee engages in an unethical act.
D)   ​direct employees to "do as we say, not as we do."E) C) and D)
F) A) and D)

Question 10

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.​

Accepted Answer

A) True 
 B)False

Question 11

Housemate, Inc., makes and sells a variety of household products. With a fair amount of certainty, Housemate's decision makers can predict whether a given business action would be legal in​

Accepted Answer

A)   ​all situations.
B)   ​many situations.
C)   ​no situations.
D)   ​few situations.E) C) and D)
F) A) and B)

Question 12

Under the "stakeholder view" of corporate social responsibility, the most difficult aspect of the stakeholder analysis faced by the management of Natural Gas Piping Corporation is determining​

Accepted Answer

A)   ​which group's interest should receive greater weight.
B)   ​how the firm's competitors might take advantage of the analysis.
C)   ​how the government might view the legality of a decision.
D)   ​which "stakeholders" outside the company should be consulted.E) All of the above
F) B) and C)

Exam 6: Business Ethics

Ethics is the study of the principles that lead to financially successful conduct.

Correct Answer
verified

Any decision by the management of Fast-Food Franchise Corporation may significantly affect its

Correct Answer
verified

Acting in good faith gives a business firm a better chance of defending its actions in court.

Correct Answer
verified

GetTogether, A Social Media Company encourages its managers to behave ethically, reasoning that lower-level employees will take their cues from management. One of the most important ways to create and maintain an ethical workplace is for GetTogether's management to

Correct Answer
verified

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.

Correct Answer
verified

Under the principle of rights theory, one person's principles are as "right" as another's.

Correct Answer
verified

Under the "stakeholder view" of corporate social responsibility, the most difficult aspect of the stakeholder analysis faced by the management of Natural Gas Piping Corporation is determining

Correct Answer
verified

Ethics is as clearly defined as the law.

Correct Answer
verified

Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that

Correct Answer
verified

Housemate, Inc., makes and sells a variety of household products. With a fair amount of certainty, Housemate's decision makers can predict whether a given business action would be legal in

Correct Answer
verified

Provident Medical Health Center asks its employees, many of which are members of the American Nurses Association, to apply the utilitarian theory of ethics. This theory does not require

Correct Answer
verified

Brewster, the chief executive officer of Cog & Gear Lubricants Corporation, wants to ensure that Cog & Gear's activities are legal and ethical. The best course for Brewster and Cog & Gear is to act

Correct Answer
verified

Exam 6: Business Ethics

Ethics is the study of the principles that lead to financially successful conduct.​

Correct AnswerverifiedShow Answer

Any decision by the management of Fast-Food Franchise Corporation may significantly affect its​

Correct AnswerverifiedShow Answer

Acting in good faith gives a business firm a better chance of defending its actions in court.​

Correct AnswerverifiedShow Answer

GetTogether, A Social Media Company encourages its managers to behave ethically, reasoning that lower-level employees will take their cues from management. One of the most important ways to create and maintain an ethical workplace is for GetTogether's management to​

Correct AnswerverifiedShow Answer

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.​

Correct AnswerverifiedShow Answer

Under the principle of rights theory, one person's principles are as "right" as another's.​

Correct AnswerverifiedShow Answer

Under the "stakeholder view" of corporate social responsibility, the most difficult aspect of the stakeholder analysis faced by the management of Natural Gas Piping Corporation is determining​

Correct AnswerverifiedShow Answer

Ethics is as clearly defined as the law.​

Correct AnswerverifiedShow Answer

Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that​

Correct AnswerverifiedShow Answer

Housemate, Inc., makes and sells a variety of household products. With a fair amount of certainty, Housemate's decision makers can predict whether a given business action would be legal in​

Correct AnswerverifiedShow Answer

Provident Medical Health Center asks its employees, many of which are members of the American Nurses Association, to apply the utilitarian theory of ethics. This theory does not require​

Correct AnswerverifiedShow Answer

Brewster, the chief executive officer of Cog & Gear Lubricants Corporation, wants to ensure that Cog & Gear's activities are legal and ethical. The best course for Brewster and Cog & Gear is to act​

Correct AnswerverifiedShow Answer

Ethics is the study of the principles that lead to financially successful conduct.

Correct Answer
verified

Any decision by the management of Fast-Food Franchise Corporation may significantly affect its

Correct Answer
verified

Acting in good faith gives a business firm a better chance of defending its actions in court.

Correct Answer
verified

GetTogether, A Social Media Company encourages its managers to behave ethically, reasoning that lower-level employees will take their cues from management. One of the most important ways to create and maintain an ethical workplace is for GetTogether's management to

Correct Answer
verified

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.

Correct Answer
verified

Under the principle of rights theory, one person's principles are as "right" as another's.

Correct Answer
verified

Under the "stakeholder view" of corporate social responsibility, the most difficult aspect of the stakeholder analysis faced by the management of Natural Gas Piping Corporation is determining

Correct Answer
verified

Ethics is as clearly defined as the law.

Correct Answer
verified

Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that

Correct Answer
verified

Housemate, Inc., makes and sells a variety of household products. With a fair amount of certainty, Housemate's decision makers can predict whether a given business action would be legal in

Correct Answer
verified

Provident Medical Health Center asks its employees, many of which are members of the American Nurses Association, to apply the utilitarian theory of ethics. This theory does not require

Correct Answer
verified

Brewster, the chief executive officer of Cog & Gear Lubricants Corporation, wants to ensure that Cog & Gear's activities are legal and ethical. The best course for Brewster and Cog & Gear is to act

Correct Answer
verified