Which of the following is true of the conservation movement?
a. It advocated that the natural world should not be used as a capital resource.
b. It regarded natural resources as being able to provide an inexhaustible supply of
material.
c. It recommended a more restrained and prudent approach to the natural world.
d. It argued against the natural world being used to provide indirect benefits.
Section 404 of the Sarbanes-Oxley Act addresses the:
a. rules of professional responsibility for attorneys.
b. codes of ethics for senior financial officers.
c. management assessment of internal controls.
d. services outside the scope of auditors.
The impact of the ECPA is to punish electronic monitoring only by third parties and not
by employers because courts have ruled that ‘interception’ applies only:
a. to access of messages by employers.
b. when monitoring is done without consent.
c. when employees file a case.
d. to messages in transit.
Which of the following is the final step in the ethical decision-making process?
a. Identifying the ethical issues involved
b. Monitoring and learning from outcomes
c. Considering how a decision affects stakeholders
d. Identifying key stakeholders
Identify the act that expanded states’ rights with regard to Internet surveillance
technology, including workplace surveillance, and amended the Electronic
Communications Privacy Act.
a. The USA PATRIOT Act
b. The Sarbanes-Oxley Act
c. The Federal Information Security Management Act
d. The Personal Information Protection and Electronic Documents Act
The study of various character traits that can contribute to, or obstruct, a happy and
meaningful human life is part of _____.
a. Kantian tradition
b. virtue ethics
c. principle-based ethics
d. utilitarianism
Which ethical framework goes against the ethical principle of obeying certain duties or
responsibilities, no matter the end result?
a. Principle-based framework of ethics
b. Kantian framework of ethics
c. Virtue ethics framework of ethics
d. Utilitarian framework of ethics
Which of the following statements is true about ethical decision making in business?
a. Ethical decision making is limited to the type of major corporate decisions with
social consequences.
b. Every employee does not face an issue that requires ethical decision making.
c. All ethical decisions can be covered by economic, legal, or company rules and
regulations.
d. Ethical decision making should rely on the personal values and principles of the
individuals involved.
Which of the following is true of change blindness?
a. It occurs when decision makers fail to notice gradual variations over time.
b. It refers to the shortsightedness about values.
c. It distinguishes good people who make ethically responsible decisions from good
people who do not.
d. It results from focusing failures.
Identify the policy under which an employer refuses to hire or terminates a worker
whose spouse works at a competing firm.
a. Anti-nepotism policy
b. Antitrust policy
c. Affirmative action policy
d. Conflict-of-interest policy
The issue of workplace bullying is more predominant in the service sector because:
a. it lacks the right of due process.
b. that work relies significantly on interpersonal relationships and interaction.
c. of its strong hierarchy of authority.
d. most of the organizations in this sector are decentralized.
Which of the following statements is true of the Committee of Sponsoring
Organizations?
a. It improves financial reporting through a combination of controls and governance
standards called the External Control’”Integrated Framework.
b. It is an external mechanism that seeks to ensure ethical corporate governance.
c. It describes control as encompassing those elements of an organization that, taken
together, support people in the achievement of the organization’s objectives.
d. It replaced the Sarbanes-Oxley Act to ensure ethical corporate governance.
Which of the following traditions is commonly identified with the rule of producing ‘the
greatest good for the greatest number’?
a. Principle-based
b. Kantian
c. Virtue
d. Utilitarianism
Kathy, your best friend and class mate, asks you to help her with a challenging ethical
predicament. Which of the following would be your first step in the decision making
process?
a. Identifying the ethical issue
b. Considering the available alternatives
c. Determining the facts of the situation
d. Making the decision
When does issue identification become the first step in the ethical decision-making
process?
a. When you are not accountable for the decision
b. When you are solely responsible for a decision
c. When you are presented with an issue from the start
d. Under all circumstances
Which of the following is true about the economic model of CSR?
a. It holds that a business should prioritize environmental sustainability.
b. It has its roots in the Kantian tradition of ethics.
c. It contends that the goal of business managers should be to pursue profit within the
law.
d. It holds that social goals should be at the heart of a firm’s mission.
The Arthur Andersen auditors did not notice how low Enron had fallen in terms of its
unethical decisions over a period of time. According to Bazerman and Chugh, this
omission is an example of _____.
a. inattentional blindness
b. descriptive ignorance
c. change blindness
d. normative myopia
UniCo’”a multinational corporation that specializes in designing, developing, and
selling consumer electronics’”outsources manufacturing products to a third-world
country company. Human rights activists have criticized UniCo for operating inhumane
sweatshops at the manufacturing plants to gain profits. Although UniCo. is not directly
liable to the labor exploitation, it threatens to pull out its business from the contracted
company if the laborers are not provided with dignified wages and good working
conditions. Which of the following responsibilities did the company fulfill in this
scenario?
a. Caveat emptor
b. Implied merchantability
c. Respondent superior
d. Strict liability
What is a code of conduct? What is its role within an organization?
List the various laws related to governmental regulation of the environment. Describe
the method of addressing environmental concerns prior to the establishment of laws.
Give three examples each of social and institutional roles.
Most statutes or common law decisions provide for employer defenses for those rules
that are necessary to avoid a conflict of _____.
Contrast the two dominant perspectives on sweatshops.
Explain how the study of ethics was viewed until recently, and what kind of shift in
focus has occurred post the scandals.
The first step in the ethical decision-making process, when an individual is not
presented with an issue from the start, is _____.
The _____ responsibility holds that a business should be responsible for incorporating
the end results of its products back into the productive cycle.