TRUE/FALSE ANS: T PTS: 1 DIF: Easy REF: p. 35 Show OBJ: 2-1 NAT: AACSB: Ethics TOP: Business Ethics Defined ANS: T PTS: 1 DIF: Easy REF: p. 35 OBJ: 2-1 NAT: AACSB: Ethics
TOP: Business Ethics Defined ANS: T PTS: 1 DIF: Easy REF: p. 35 OBJ: 2-1 NAT: AACSB: Ethics TOP: Business Ethics Defined ANS: T PTS: 1 DIF: Moderate REF: p. 35 OBJ: 2-2 NAT: AACSB: Ethics TOP:
Ethical Issues ANS: T PTS: 1 DIF: Easy REF: p. 35 OBJ: 2-2 NAT: AACSB: Ethics TOP: Ethical Issues ANS: T PTS: 1 DIF: Easy REF: p. 35 OBJ: 2-2 NAT: AACSB: Ethics TOP:
Ethical Issues ANS: F PTS: 1 DIF: Easy REF: p. 36 OBJ: 2-2 NAT: AACSB: Ethics TOP: Ethical Issues ANS: T PTS: 1 DIF: Easy REF: p. 37 OBJ: 2-2 NAT: AACSB: Ethics TOP: Ethical Issues ANS: T PTS: 1 DIF: Moderate REF: p. 37 OBJ: 2-2 NAT: AACSB: Ethics TOP: Ethical Issues
ANS: F PTS: 1 DIF: Easy REF: p. 37 OBJ: 2-2 NAT: AACSB: Ethics TOP: Ethical Issues ANS: T PTS: 1 DIF: Easy REF: p. 37 OBJ: 2-2 NAT: AACSB: Ethics TOP: Ethical Issues ANS: T PTS: 1 DIF: Easy REF: p. 38 OBJ: 2-3 NAT: AACSB: Ethics TOP: Factors Affecting Ethical Behavior 186. Most authorities agree that business ethics should be improved. ANS: T PTS: 1 DIF: Easy REF: p. 39 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 187. Employees have an easier time determining what is acceptable behavior if their company provides them with a code of ethics. ANS: T PTS: 1 DIF: Moderate REF: p. 39 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 188. A code of ethics is a written guide to acceptable and ethical behavior as defined by an organization. ANS: T PTS: 1 DIF: Easy REF: p. 39 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 189. The Sarbanes-Oxley Act of 2002 deals with corporate responsibility, conflicts of interest, and corporate accountability. ANS: T PTS: 1 DIF: Easy REF: p. 39 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 190. The Sarbanes-Oxley Act of 2002 gives those who report corporate misconduct sweeping new legal protection. ANS: T PTS: 1 DIF: Easy REF: p. 39 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 191. It is easy for an organization to develop ethics codes, policies, and procedures to deal with all relationships and every situation. ANS: F PTS: 1 DIF: Easy REF: p. 39 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 192. During the 1980s, very few organizations created and implemented ethics codes. ANS: F PTS: 1 DIF: Easy REF: p. 40 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 193. A corporate code of ethics officer informs the press about unethical practices within the organization. ANS: F PTS: 1 DIF: Difficult REF: p. 40 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 194. Whistle-blowing is informing the press or government officials about unethical practices within one's organization. ANS: T PTS: 1 DIF: Easy REF: p. 40 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 195. Those who "blow whistles" sometimes lose their jobs. ANS: T PTS: 1 DIF: Easy REF: p. 40-41 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 196. A businessperson can take some comfort when faced with an ethical dilemma by talking openly about it with management because ethical decisions will always withstand scrutiny. ANS: T PTS: 1 DIF: Difficult REF: p. 42 OBJ: 2-4 NAT: AACSB: Analytic TOP: Encouraging Ethical Behavior 197. Social responsibility does not cost money. ANS: F PTS: 1 DIF: Easy REF: p. 42 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 198. Customers can't find out which firms are acting responsibly and which are not. ANS: F PTS: 1 DIF: Moderate REF: p. 42 OBJ: 2-4 NAT: AACSB: Ethics TOP: Encouraging Ethical Behavior 199. Businesses' record of social responsibility today is much better than in past decades. ANS: T PTS: 1 DIF: Easy REF: p. 47 OBJ: 2-5 NAT: AACSB: Ethics TOP: The Evolution of Social Responsibility in Business 200. During the first quarter of the twentieth century, working conditions were deplorable by today's standards. ANS: T PTS: 1 DIF: Easy REF: p. 47 OBJ: 2-5 NAT: AACSB: Ethics TOP: The Evolution of Social Responsibility in Business 201. When translated, caveat emptor means "let the buyer beware." ANS: T PTS: 1 DIF: Easy REF: p. 47 OBJ: 2-5 NAT: AACSB: Ethics TOP: The Evolution of Social Responsibility in Business 202. President Franklin D. Roosevelt's program for restoring the economy and improving social conditions became the foundation for increased government involvement in business. ANS: T PTS: 1 DIF: Moderate REF: p. 48 OBJ: 2-5 NAT: AACSB: Ethics TOP: The Evolution of Social Responsibility in Business 203. Awareness of businesses' social responsibilities has increased along with government involvement. ANS: T PTS: 1 DIF: Easy REF: p. 48 OBJ: 2-5 NAT: AACSB: Ethics TOP: The Evolution of Social Responsibility in Business 204. Within a firm, social responsibility begins with management's attitude. ANS: T PTS: 1 DIF: Easy REF: p. 48 OBJ: 2-6 NAT: AACSB: Ethics TOP: Two Views of Social Responsibility 205. The economic model of social responsibility emphasizes profits. ANS: T PTS: 1 DIF: Easy REF: p. 48-49 OBJ: 2-6 NAT: AACSB: Analytic TOP: Two Views of Social Responsibility 206. The socioeconomic model of social responsibility emphasizes the effect of business decisions on society. ANS: T PTS: 1 DIF: Easy REF: p. 49 OBJ: 2-6 NAT: AACSB: Ethics TOP: Two Views of Social Responsibility 207. Increasing numbers of managers have adopted the socioeconomic model of social responsibility. ANS: T PTS: 1 DIF: Moderate REF: p. 49 OBJ: 2-6 NAT: AACSB: Ethics TOP: Two Views of Social Responsibility 208. There are many more socially responsible businesses today than there were ten years ago. ANS: T PTS: 1 DIF: Easy REF: p. 49 OBJ: 2-6 NAT: AACSB: Ethics TOP: Two Views of Social Responsibility 209. In support of their position, proponents of the socioeconomic model argue that businesses should be allowed to ignore social issues. ANS: F PTS: 1 DIF: Moderate REF: p. 49 OBJ: 2-6 NAT: AACSB: Ethics TOP: Two Views of Social Responsibility 210. Much consumer-oriented legislation has grown out of the statement of six rights, which became known as the consumer bill of rights. ANS: T PTS: 1 DIF: Easy REF: p. 51 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Moderate REF: p. 51 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Easy REF: p. 51 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: F PTS: 1 DIF: Moderate REF: p. 51 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: F PTS: 1 DIF: Difficult REF: p. 51 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Easy REF: p. 51 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: F PTS: 1 DIF: Moderate REF: p. 51 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Easy REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Moderate REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism
ANS: T PTS: 1 DIF: Easy REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Moderate REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: F PTS: 1 DIF: Easy REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Easy REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Easy REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Easy REF: p. 52 OBJ: 2-7 NAT: AACSB: Ethics TOP: Consumerism ANS: T PTS: 1 DIF: Moderate REF: p. 54 OBJ: 2-8 NAT: AACSB: Ethics TOP: Employment Practices ANS: T PTS: 1 DIF: Moderate REF: p. 54 OBJ: 2-8 NAT: AACSB: Ethics TOP: Employment Practices ANS: F PTS: 1 DIF: Moderate REF: p. 55 OBJ: 2-8 NAT: AACSB: Ethics TOP: Employment Practices ANS: T PTS: 1 DIF: Easy REF: p. 56 OBJ: 2-8 NAT: AACSB: Ethics TOP: Employment Practices ANS: F PTS: 1 DIF: Easy REF: p. 56 OBJ: 2-9 NAT: AACSB: Ethics TOP: Concern for the Environment 230. Once they are made aware of the pollution problem, most firms respond rather than waiting to be cited by the EPA. ANS: T PTS: 1 DIF: Moderate REF: p. 56 OBJ: 2-9 NAT: AACSB: Ethics TOP: Concern for the Environment 231. Improved water quality is not only necessary, it is attainable at no cost. ANS: F PTS: 1 DIF: Easy REF: p. 57 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 232. Fortunately, the acid-rain problem has been solved in recent years. ANS: F PTS: 1 DIF: Moderate REF: p. 57 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 233. Of the three factors mentioned as contributors to air pollution, only the combination of weather and geography cannot be changed. ANS: T PTS: 1 DIF: Moderate REF: p. 58 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 234. Air and water quality may be improving, but land pollution is still a serious problem in many areas. ANS: T PTS: 1 DIF: Easy REF: p. 58 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 235. The fundamental issues concerning land pollution are how to restore already contaminated land and how to prevent further contamination. ANS: T PTS: 1 DIF: Moderate REF: p. 58 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 236. The $1.6 billion Superfund created in 1980 is to be used to develop successful ways of storing land pollutants. ANS: F PTS: 1 DIF: Easy REF: p. 59 OBJ: 2-9 NAT: AACSB: Ethics TOP: Concern for the Environment 237. People exposed to loud noises for a long time can suffer permanent hearing loss. ANS: T PTS: 1 DIF: Easy REF: p. 59 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 238. Negotiated settlements for cleaning up hazardous wastes became known as sweetheart deals because the EPA helped only those companies friendly to them. ANS: F PTS: 1 DIF: Difficult REF: p. 59 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 239. Consumers will probably pay in large part for cleaning up our environment through increased taxes or increased product costs. ANS: T PTS: 1 DIF: Moderate REF: p. 59 OBJ: 2-9 NAT: AACSB: Analytic TOP: Concern for the Environment 240. A firm's social responsibility program will be ineffective if it has less than the total commitment of the company's top business officials. ANS: T PTS: 1 DIF: Moderate REF: p. 59 OBJ: 2-10 NAT: AACSB: Ethics TOP: Implementing a Program of Social Responsibility 241. An effective program for social responsibility takes time, money, and organization. ANS: T PTS: 1 DIF: Easy REF: p. 59 OBJ: 2-10 NAT: AACSB: Ethics TOP: Implementing a Program of Social Responsibility 242. The planning stage of a social responsibility program can involve outside consultants to help develop it. ANS: T PTS: 1 DIF: Moderate REF: p. 60 OBJ: 2-10 NAT: AACSB: Ethics TOP: Implementing a Program of Social Responsibility 243. The director of a company's social responsibility program should be a consumer advocate who can express the social issues facing the firm to the organization's management. ANS: F PTS: 1 DIF: Moderate REF: p. 60 OBJ: 2-10 NAT: AACSB: Ethics TOP: Implementing a Program of Social Responsibility 244. One way a social responsibility program can be funded is by passing on the cost to the consumer in the form of higher prices. ANS: T PTS: 1 DIF: Moderate REF: p. 60 OBJ: 2-10 NAT: AACSB: Ethics TOP: Implementing a Program of Social Responsibility 245. A social responsibility program may be funded by the federal government through tax reductions or other incentives. ANS: T PTS: 1 DIF: Moderate REF: p. 60 OBJ: 2-10 NAT: AACSB: Ethics TOP: Implementing a Program of Social Responsibility Share with your friends: Does the field of business ethics apply moral standards to business situations?By definition, business ethics refers to the standards for morally right and wrong conduct in business. Law partially defines the conduct, but “legal” and “ethical” aren't necessarily the same. Business ethics enhances the law by outlining acceptable behaviors beyond government control.
What is the role of business ethics quizlet?the study of business situations, activities, and decisions where issues of right and wrong are addressed. Norms, values, beliefs embedded in social processes, defining right and wrong. Moral philosophy. Study of morality.
Is the study of right or wrong and of the morality of the choices individuals make?Ethics is the study of right and wrong and of morality of the choices individuals make.
Which of the following best describes business ethics?Which of the following statements best describes business ethics? It involves applying ethical and moral standards to business behavior.
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The field of business ethics applies moral standards to business situations true or false
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