Business Ethics

Business Ethics Ethical Decision Making and Cases An Asia Edition 1st Edition By David L. Bishop – Test Bank

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Edition: 1st Edition

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Resource Type: Test bank

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Business Ethics Ethical Decision Making and Cases An Asia Edition 1st Edition By David L. Bishop – Test Bank

Multiple Choice

 

1. Principles are

a. laws and regulations that guide behavior in the world of business.
b. mores, values, and customs that guide behavior in general.
c. specific and pervasive boundaries for behavior that are universal and absolute.
d. the obligations businesses have to maximize their positive impact and minimize their negative impact.
e. the mores, values, and customs that parents teach their children.

 

ANSWER:   c

 

2. Corporate social responsibility is

a. an organization’s obligation to maximize its positive effects and minimize its negative effects on stakeholders.
b. principles, values, and norms that primarily guide individual and group behavior in the world of business.
c. the institutionalization of business ethics into all levels of business decision making.
d. a business’s responsibility to manufacture products that function properly.
e. charitable contributions made by a business to enhance its reputation with stakeholders.

 

ANSWER:   a
3. The term business ethics is best described by the following statement:

a. It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.
b. It is an “inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards and rules of conduct.”
c. It is the “study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession.”
d. It is an organization’s obligation to maximize its positive effects and minimize its negative effects on stakeholders.
e. It comprises the principles, values, and standards that guide behavior in the world of business.

 

ANSWER:   e

 

4. Business ethics, as a field, has passed through which of the following states?

a. A field of study to theological discussion to recognition of social issues
b. Recognition of social issues to a field of study to theological discussion
c. A field of study to recognition of social issues to theological discussion
d. Recognition of social issues to theological discussion to a field of study
e. Theological discussion to recognition of social issues to a field of study

 

ANSWER:   e

 

5. Business ethics is a part of decision making

a. at all levels of work and management.
b. made primarily by top management.
c. that stems from individual moral philosophies.
d. that is less important than other decision making processes.
e. that is not emphasized in most of today’s organizations.

 

ANSWER:   a

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