Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
40. Which form of finance is concerned with government taxation, borrowing, and
spending?
a. personal finance
b. corporate finance
c. public finance
d. financial markets
41. Which form of finance is concerned with how individuals invest and spend their
money?
a. personal finance
b. corporate finance
c. public finance
d. financial markets
42. What is the term used to communicate where stocks, bonds, and other financial
instruments are traded?
a. personal finance
b. corporate finance
c. public finance
d. financial markets
43. Which form of finance is concerned with a company’s raising and spending of
capital?
a. personal finance
b. corporate finance
c. public finance
d. financial markets
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
44. Principle ______ of accounting from the AICPA addresses the standard that
professionals should serve the public, honor the public trust, and demonstrate
professionalism.
a. 1: responsibilities
b. 2: serve the public interest
c. 3: integrity
d. 4: objectivity and independence
45. Principle ______ of accounting from the AICPA communicates that a member
should be free of conflicts of interest when it comes to professional responsibilities.
a. 1: responsibilities
b. 2: serve the public interest
c. 3: integrity
d. 4: objectivity and independence
46. Principle ______ of accounting from the AICPA communicates that a member
should strive to continually improve competence and quality service.
a. 3: integrity
b. 4: objectivity and independence
c. 5: due care
d. 6: scope and nature of services
47. Principle ______ of accounting from the AICPA states that all professional
accountants are obligated to follow the AICPA principles in all activities.
a. 3: integrity
b. 4: objectivity and independence
c. 5: due care
d. 6: scope and nature of services
48. While many employers usually choose to give reason for any employment
termination, Pete was fired without any given reason. This is an example of ______.
a. employment at will
b. just cause doctrine
c. discrimination
d. marketable opportunity
49. The term that refers to when individuals perceive their treatment by authority figures
is called ______ justice.
a. procedural
b. interactional
c. organizational
d. true
True/False
1. Placement describes where a product or service gets located in the marketplace.
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
2. According to the mutuality principle, marketers are obligated to sell products for the
lowest price possible.
3. All managers carry out some human resource functions.
4. Interactional justice is particularly important when selecting employees.
5. It is always possible to avoid doing harm when making human resource decisions.
6. In the United States, employers are generally allowed to fire individuals without
providing specific reasons.
7. Employees should be viewed as one of an organization’s resources like raw materials
and money.
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
8. The AICPA leaves Code of Conduct as an optional element to professional practice
so that accountants have more flexibility with their practice.
9. Procedural justice describes how allocation decisions are made, whereas
interactional justice describes how individuals perceive their treatment by authority
figures.
10. Manipulation is a “sin” of unethical influence that involves using deception to
convince the consumer to select an outcome the consumer would not have chosen
otherwise.
11. Denigration is a “sin” of unethical influence that involves encouraging consumers to
believe something that is not true.
12. Coercion is a “sin” of unethical influence that involves pressuring consumers in such
a way that their freedom to make a rational choice is taken away.
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
13. Not letting a customer know that a car has been in an accident prior to the purchase
of the car would be considered the “sin” of unethical influence known as deception.
14. An online seller advertises the latest edition of a gaming console. A customer
purchases the console based on the advertisement. However, upon receiving the
console in the mail, the customer discovers the gaming console is an older version. This
bait and switch tactic would be considered the “sin” of unethical influence known as
deception.
Short Answer
1. The four aspects of marketing are product, price, ______, and ______.
2. In the fallacy of ______, financial professionals mistakenly believe they are all
powerful and can do pretty much as they please.
3. The ______ doctrine forbids employers from firing individuals without justification
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
4. ______ justice describes how individuals perceive their treatment by authority figures.
5. A Kantian perspective on human resources treats businesses and other
organizations as ______ communities.
6. Name and explain the four “Ps” of marketing.
7. How does acting justly impact organizational behavior?
8. Identify the seven “sins” of unethical influence.
9. Identify the three components of the American Marketing Association Statement of
Ethics.
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
10. Contrast the doctrine of employment at will with the just cause doctrine.
11. What are the elements of a more holistic approach to preparing to be an
accountant?
12. What does it mean to demonstrate professional skepticism?
13. Name and explain the three moral hazards that frequently lead to unethical human
resource management behaviors.
14. Name and explain the four requirements of the marketing mutuality principle.
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
Essay
1. What advice would you give to marketers who want to take a “kinder, gentler”
approach to consumers?
2. Compare and contrast ethical issues that arise in finance with those that arise in
accounting.
3. What advice would you give a leader who wants to lay off followers in a just manner?
4. What barriers will you have to overcome to become a questioning financial
professional? How can you overcome these barriers?
5. How would adopting a Kantian approach change the way that your organization
practices human resource management?
Student Resource
Johnson, Organizational Ethics, 5e
Sage Publishing, 2022
6. What similarities do you note in the ethical issues faced by each of the ethical hot
spots described in the chapter?
7. Illustrate how a marketer could engage in the unethical influence “sin” of denigration
by explaining the “sin” and providing an example.
8. Illustrate how a marketer could engage in the unethical influence “sin” of neglect by
explaining the “sin” and providing an example.
9. Illustrate how a marketer could engage in the unethical influence “sin” of intrusion by
explaining the “sin” and providing an example.
10. Illustrate how a marketer could engage in the unethical influence “sin” of
manipulation by explaining the “sin” and providing an example.