Chapter 09 Ethics, Corporate Social Responsibility, Environmental
Sustainability, and Strategy Answer Key
Multiple Choice Questions
1.
Business ethics concerns
9-2
2.
Ethical principles in business
3.
The results of strategies that cannot pass the test of moral scrutiny often are manifested in
9-3
Topic: What Do We Mean by Business Ethics?
4.
As they apply to business conduct and business decisions, ethical principles
9-4
5.
The major drivers of unethical business behavior include
9-5
6.
Unethical business behavior tends to be driven by such factors as
7.
Which one of the following is
not
one of the major drivers of unethical managerial behavior?
9-6
8.
A company’s strategy needs to be ethical because
9-7
9.
The consequences of pursuing a strategy that has unethical or shady components include
9-8
10.
A company’s unethical behavior may result in the following
except
11.
The costs incurred when ethical wrongdoing occurs fall into three specific categories and
include all
except
9-9
12.
Notions of right and wrong, fair and unfair, moral and immoral, ethical and unethical
9-10
13.
The contentions that (1) many of the same standards of what’s ethical and what’s unethical
resonate with peoples of most cultures, societies, and religions, and (2) to the extent there is
common moral agreement about right and wrong actions, there exists a set of common ethical
standards to which organizations and individuals can be held accountable are defining beliefs
of
9-11
14.
According to the school of ethical universalism,
9-12
15.
According to the school of ethical universalism,
9-13
16.
The contention that because different societies and cultures have divergent values and
standards of right and wrong, it is appropriate to judge behavior as ethical or unethical in the
light of local customs and social mores rather than according to a single set of ethical
standards
9-14
17.
The school of ethical relativism holds that
9-15
18.
A belief in ethical relativism leads to the conclusion that
9-16
19.
A company that adopts the principle of ethical relativism in providing guidance to company
personnel
9-17
20.
The contention that ethical standards should be governed both by (1) a limited number of
universal ethical principles that are widely recognized as putting legitimate ethical boundaries
on actions and behavior in all situations and (2) the circumstances of local cultures, traditions,
and shared values that further prescribe what constitutes ethically permissible behavior and
what does not are the basic principles of
9-18
21.
According to integrative social contracts theory, the ethical standards a company should try to
uphold
9-19
22.
Integrative social contracts theory maintains that
9-20
23.
Corporate social responsibility (CSR) as it applies to businesses refers to