1. Public iuterest iu
business
ethics has
heightened
over each of the past three
decades.
a. True
b.
False
2. The
majority
of
Americans
think that the need for ethics is about the same as it was fifty years
ago.
a. True
b.
False
3. The ethics scandal that has come to define
modem
business ethics is the Enron
debacle.
a. True
b.
False
4. Only about half of
Americans
say that they are worried about the moral
compass
in
corporate America.
a. True
b.
False
5. A recent NBES survey indicated that ethical misconduct at work was up slightly.
a. True
b.
False
6. A December 2012 Gallop poll revealed that only 21% of the public thought that business executives had high or very
high ethics.
a. True
b.
False
7. The public’s opinion of business ethics may be reported at two levels – a high level and a low
level.
a. True
b.
False
8. The public’s view of business ethics has always been very high until the recent scandals.
a. True
b.
False
9. Descriptive ethics is concerned with studying and describing the morality of a particular group of people.
a. True
b.
False
10.
Normative
ethics depends on whether “everyone is doing it” to justify moral decisions and
actions.
a. True
b.
False
11. The major questions related to the conventional approach to business ethics are “Whose norms do we use?” and
“\Vhat norms are
prevailing?”
a. True
b.
False
12. The best reason to base one’s ethics on societal norms is that the norms do not conflict; thus they provide clear
guidance
to
“right” and
“wrong.”
a. True
b.
False
13. Ethical behavior is generally
considered
to be on a higher plane than legal behavior.
a. True
b.
False
14. In making ethical judgments, it is usually easier to reach consensus on individual practical cases than it is to agree
on
broad principles.
a. True
b.
False
15. The forces that most often come into conflict with ethics in a business setting are economic and
social.
a. True
b.
False
16. Immoral management implies that decision makers know right from wrong, but choose to do
wrong.
a. True
b.
False
17. Moral management stresses profitability over other stakeholder concerns.
a. True
b.
False
18. Virtually all companies that exhibit moral management have had that outlook since they were founded.
a. True
b.
False
19. Researchers have found that many business people go through life thinking that they are
objective.
a. True
b.
False
20. Amoral management relies primarily on a compliance strategy that focuses on obedience to the
law.
a. True
b.
False
21. In
Kohlberg’s
preconventionallevel of moral
development,
the
individual’s primary
concern is for others.
a. True
b.
False
22. The postconventionallevel of moral development is the most common level for adults over 50 years of age.
a. True
b.
False
23. Culture is that broad synthesis of societal norms and values emanating from everyday living.
a. True
b.
False
24. Moral
identification
and ordering refers to the ability to discern the ambiguity of moral factors.
a. True
b.
False
25. The Enron Era brought about a broad range of legal and ethic charges that included all the following
except
a. securities
fraud
b. conspiracy to inflate profits
c. corrupt corporate
cultures
d. building company assets
26. The Wall Street fmancial scandals involved all the following
except
a. recklessness about
risk
b. ethical lending
c. subprirne lending calculations
d.
greed
27. At the macro level, big business is being questioned for its:
a. ethical challenges
b. legitimacy
c.
individual
activities
d. managerial relationships
28. An NBES Survey concluded that ethical
misconduct
a. whistle-blowing had
decreased.
b. In pressure to cut comers had
increased.
c. at work was down
slightly
d. was observed more on the
job.
29. There is no doubt that the media
are
a. ignoring ethical violations in their own industry.
b. reporting ethical problems more frequently and
fervently.
c. defending the right of business to be conducted
amorally.
d. reporting breaches of ethics in politics more than they are reporting business ethics
violations.
30. Public opinion polls regarding business ethics
are
a. clearly tied to reactions to the latest scandals reported by the
media.
b. reflective of actual business ethics currently in
practice.
c. unrelated to actual business ethics
practices.
d. difficult to assess because the media keeps ethics scandals in the public
eye.
31. The former CEO of Bendix Corporation blames the apparent decline in business’s ethical behavior
on
a. the greed of senior
managers.
b. the contexts in which corporate decisions are
made.
c. the lack of required business ethics courses in undergraduate and MBA
programs.
d. the decline in the importance of religion in American society.
32. One of the functions of corporate governance is
a. oversight of senior
managers.
b. capital budgeting.
c. incorporating ethics into the strategic planning process.
d. monitoring executive bonuses.
33. The discipline that deals with what is good and bad and with moral duty and obligation is
a. morality.
b. deontology.
c.
ethics.
d. moral philosophy.
34. A doctrine or system of moral conduct is
called
a.
ethics.
b. deontology.
c. morality.
d. moral philosophy.
35. Business ethics is
a. a special branch of ethics unto
itself.
b. concerned with moral issues that occur only in
business.
c. concerned with right and wrong behavior within a business
context.
d. a subset of business
practice.
36. Concepts of right and wrong are increasingly being interpreted today to include all of the following
except
a.
fairness.
b. justice.
c. equity.
d. equality.
37. The area of ethics that is concerned with supplying and justifying a coherent moral system of thinking and judging is
called
a. normative ethics.
b. descriptive
ethics.
c. business
ethics.
d. virtue ethics.
38. Which of the following is not one of the major approaches to thinking about business ethics?
a. conventional approach
b. rights and duties
approach
c. principles approach
d. ethical tests
approach
39. The focus of descriptive ethics is
on
a. determining what should be done in a given situation.
b. justifying a moral system of thinking and judging.
c. learning what is occurring in the realm of moral behaviors and
practices.
d. learning how to justify one’s chosen actions.
40. The approach to business ethics in which we compare a decision or practice to prevailing norms of acceptability is
the
a. virtue
approach.
b. principles
approach.
c. conventional
approach.
d. ethical tests
approach.
41. The minimum standard of ethical behavior can be thought of as
a. following the Golden Rule.
b. adhering to the
law.
c. living according to religious principles.
d. avoiding punishment.
42. Which of the following is not an element of making ethical
judgments?
a. observation of the decision or
action
b. comparison of the decision or action to prevailing norms of acceptability
c. recognition that value judgments are made regarding the decision or action and the prevailing norms
of
acceptability
d. awareness of the moral implications of a
situation
43. The most serious danger of using the conventional approach to business ethics is
a. reliance on normative ethics without regard to descriptive ethics.
b. lapsing into ethical relativism.
c. lack of innovation in ethical judgments.
d. stunting one’s moral development.
44. All of the following are questions that capture the central meaning of ethics
except
a. what
is?
b. what
happened?
c. what ought to
be?
d. what is our motivation?
45. Questions about business ethics can be asked at any of the following levels
except
a. individual.
b. organizational.
c.
economic.
d. global.
46. The normative question of ethics is
a. what
is?
b. what ought to
be?
c. how do we get from what is to what ought to
be?
d. what is our motivation?
47. The ethics question “how do we get from what is to what ought to be?” is
a. descriptive.
b. normative.
c. practical.
d. motivational.
48. The challenge in all managerial situations is take what can be done and what should be done and frnd
a. a
balance.
b. the more practical solution.
c. the least costly
approach.
d. the most effective
action.