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Quiz Chapter 1

1. What is business ethics?


A. Business ethics guide the conduct by which companies and their agents abide by the law and
respect the rights of their stakeholders.
B. Business ethics guide the conduct by which companies and their agents abide by the law and
respect the rights of their customers.
C. Business ethics guide the conduct by which companies and their agents abide by the law and
respect the rights of their clients, employees. and community.
D. All answers are correct.

2. Why ethics are matters for current business management?

A. All answers are correct!


B. deregulated government, and competitive-24 hour media
C. Diversity, globalization, cost pressures, and virtual work
D. strategic alliances, Teamwork, Entrepreneurship and intrapreneurship

3. Why are business leaders committing fraud?


A. All answers are correct
B. Greedy
C. Do not have a religion
D. Salary is not enough

Quiz Chapter 2

1. Chapter Two will cover the following topics:


A. Comparing the Virtue Ethics of East and West
B. Utilitarianism, Deontology, and A Theory of Justice
C. Understand Islamic ethical value in business
D. The Concept of Ethical Business in Ancient Athens and Ethical Advice for Nobles and Civil
Servants in Ancient China

2. For Aristotle, everything that exists has a purpose, or end, and has been designed to meet that
end. Teleology, from the Greek telos meaning goal or aim, is the study of ends and the means
directed toward those ends. What is the telos of human beings according to Aristoteles?
A. eudaimonia
B. Prudence
C. Happiness
D. All answers are correct
3. What have you learned in the previous Chapter?
A. Social values
B. Moral values
C. All answers are correct
D. Profitability and Ethics
Quiz Chapter 3
1. Chapter 3 will cover the following topics, except:
A. Adopting a Stakeholder Orientation
B. Sustainability business and the environment
C. Corporate social responsibiity
D. Weighing Stakeholder Claims

2. Donaldson and Preston developed three theoretical approaches to considering


stakeholder claims. What are they?
A. normative approach, deontological approach, and virtue approach
B. All answers are correct
C. descriptive approach, instrumental approach, and normative approach
D. descriptive approach, normative approach, and deontological approach

3. One way to categorize stakeholders is by defining their impact. Included in this


approach is:
A. Regulatory stakeholders
B. Normative stakeholders
C. Diffused stakeholders
D. Functional stakeholders

Quiz Chapter 4

1. Chapter 4 will cover the following topics:


A. Understanding Corporate Law and Corporate Responsibility
B. Understanding Corporate Law and Shareholder Wealth
C. Understanding Sustainability: Business and the Environment
D. Understanding the Government and the Private Sector

2. Corporate law, in reality, allows individuals to do the following, except:


A. Creating unlimited profit
B. Creating unlimited liability
C. Creating Limited Liability
D. Creating benefit to shareholders

3. In the case of Shlensky v. Wrigley (1968), the judge decided in favor of the
shareholder maximation theory.
True
Quiz Chapter 5

1. Chapter 5 will cover the following topics, except:


A. Business Ethics and Culture
B. Business Ethics and Religions
C. Business Ethics and Ideology
D. Business Ethics and Times

2. Acculturation refers to the following process:


A. Socialization process
B. Cultural transmission
C. Customs learning
D. Cultural exchange

3. Over time, people change, technology advances and cultural mores (i.e., acquired
culture and manners) shift. What was considered an appropriate or accepted
business practice one hundred or even fifty years ago may not carry the same
moral weight it once did. These statements mean:
A. Ethics and moral behavior are relative
B. The process of acculturation are not stagnant
C. All answers are correct

Quiz Chapter 6
1. The Workplace environment and working conditions create the following business
ethical issues, except:
A. Compensation
B. Employee happiness
C. Equal payment for each employee
D. Safe workplace

2. A contemporary corporation always owes an ethical, and in some cases legal, duty
to employees to be:
A. a transparent employer
B. a nice employer
C. an exceptional employer
D. a responsible employer

3. The primary federal law ensuring physical safety on the job is the Occupational
Safety and Health Act (OSHA), which was passed in 1970. The goal of the law is to
ensure compliance with employer obligations. These obligations are related to:
A. unsanitary conditions
B. dangerous equipment.
C. mechanical or electrical dangers
D. severe heat or cold
Quiz Chapter 7
1. Chapter 7 will cover the following topics:
A. Loyalty to the Company
B. Loyality to products
C. Loyalty to the Brand and to Customers
D. Contributing to a Positive Working Condition

2. Employee responsibility can be related to the following statement(s):


A. Employee loyalty
B. Employment contracts
C. The duty of loyalty
D. All answers are correct

3. Loyalty to brands and customers discuss the following topics:


A. how employees help build and sustain a brand
B. how employees’ customer service can help or hurt a business
C. Employee code of conduct
D. Employee happiness

Homework Chapter 1
1 . Why religions are not the requirement for being professional integrity?
A. All answers are correct
B. We all share obligations to one another, and principal among these is the
requirement that we treat others with fairness and dignity
C. Religions prepare us for the codes of ethical behavior that serve as ideal guides for
business and the professions.
D. All religions believe in engaging others with respect, empathy, and honesty.

2. What is the meaning of becoming a professional of integrity?


A. You practice what you preach
B. Walk the talk
C. Do what you believe is right based upon reason
D. Consistently striving to be the best person you can be in all your interactions with
others

3. Integrity in business brings many advantages, what is the most important one?
A. Profit
B. Government support
C. Reputation as an ethical business leader
D. Allowing business and society to function properly

4. Who is a successful ethical corporate leader?


A. Treat customers, clients, employees, and all those affected by a firm with
dignity and respect Correct!
B. Engage in business with honesty and fair play Correct!
C. Making corporation profitable Correct Answer
D. Serve the long-term interests of corporations Correct!

5. What type of firm has a long-term term view on customers and employees?
A. One whose committing to the anti-corruption pledge
B. One whose having a code of ethics
C. All answers are correct
D. whose track record gives evidence of honest business practice.

6. Legal compliance and ethical compliance is the same. Professionals of integrity


can use the same standards of behavior to comply for legal and ethical
requirements. True

7. Business ethics compliance refers to the extent to which a company conducts its
business operations in accordance with applicable regulations, statutes, and laws.
True

8. Ethical compliance builds on legal compliance and reveals the principles of an


individual business leader or a specific organization. True

9. Ethical acts are not generally considered voluntary and personal. They are often
based on our perception of or stand on legal requirements. False

10. How, then, should we behave ethically in business? The philosophers offer
three different perspectives to help us assess whether our decisions are ethical on
the basis of reason. What are they?

A. What constitutes ethical conduct theory (Deontology theory)


B. The consequentialist theory
C. Virtue theory (the character theory)
D. All answers are correct

Homework Chapter 2

1. What is Justice?
A. a standard of rightness
B. giving each person his or her due.
C. All answers are correct Correct!
D. giving each person what he or she deserves
2. What is fairness?
A. The ability to judge without reference to one's feelings or interests;
B. The ability to make a just decision
C. All answers are correct
D. Making the same decision for everyone

3. What is the type of decisions that will create ethical issues?


A. When people differ over what they believe should be given Correct!
B. when decisions have to be made about how benefits and burdens should
be distributed among a group of people Correct Answer
C. When decision should be made to collect tax from companies You
Answered
D. When decision should be made to punish convicts

4. The most fundamental principle of justice:


A. Equals should be treated equally and unequals unequally.
B. Accountable
C. All answers are correct
D. Transparent

5. Distributive justice refers to which statement?


A. the extent to which punishments are fair and just
B. All answers are correct
C. the extent to which people are fairly compensated for their injuries by
those who have injured them
D. the extent to which society's institutions ensure that benefits and
burdens are distributed among society's members in ways that are fair
and just.

6. Aristotle believed that the telos of human beings is eudaimonia or happiness.


What did he mean by this human happiness?
A. Human flourishing Correct!
B. Being content
C. Having fun
D. All answers are correct

7. The following great philosophers do not believe reasons and experiences can
develop human morality.
A. David Hume
B. Immanuel Kant Correct!
C. Jeremy Bentham
D. Aristoteles
8. Categorical imperative in Kant's Ethics means
A. Duty encoded in human mind Correct!
B. Duty gained by experiences
C. All answers are correct
D. Duty gained by learning

Homework 3

1. Many individuals and groups inside and outside a business have an interest in
the way it brings products or services to the market to turn a profit. The
textbook mentioned the following parties as having interest in a company's
profit.
A. Customers, Clients, employees, shareholders Correct!
B. Communities, the environment, the government Correct!
C. Traditional media, and social media Correct!
D. Supplier, Competitors, and Professional

2. Key external stakeholders are usually those who most directly influence a
business’s bottom line and hold power over the business. Please choose the
correct statements.
A. Employees have power over the operation of companies.
B. Customers and clients determine the success and going concern of
companies. Correct!
C. Suppliers have a great deal of influence and command a great deal of
attention from businesses of all sizes. Correct!
D. Governments hold power through regulatory bodies. Correct!
E. Communities have influence over the physical spaces where businesses
work and try to grow.
3. There are two opposing views about how businesses, and large publicly held
corporations, in particular, should approach ethics and social responsibility.
Choose the correct statement(s).
A. Businesses should behave ethically within the marketplace but concern
themselves only with serving shareholders and other investors.
B. Businesses should not treat stakeholders as the means to the end (profit)
but are ends in and of themselves as human beings Correct!
C. Making profit is the only responsibility of businesses. Social responsibility
is the responsibility of the government. Correct Answer
D. Businesses should be responsible to customers, employees, and a host of
other stakeholders.

4. Stakeholder claims vary in their significance for a firm. According to Donaldson


and Preston, there are three theoretical approaches to considering stakeholder
claims:
A. descriptive approach, normative approach, and an instrumental approach
Correct!
B. Descriptive approach, normative approach, and deontological approach
C. Virtue approach, normative approach, and deontological approach
D. All answers are correct

5. The descriptive approach sees the company as composed of various


stakeholder groups, each with its own interests. The main point of the
descriptive approach is to develop the most accurate model and act on it in
ways that weigh and balance between these interests and company profit as
fairly as possible. False

6. The following statement(s) consistent with the normative approach of the


stakeholder theory.

A. Stakeholders as ends in themselves Correct!


B. Stakeholders as a means to achieve better financial results.
C. The interests of all stakeholders are of intrinsic value. Correct!
D. Each group of stakeholders has the ability to further the interests of some
other group.

7. To better understand stakeholder theory and, ultimately, manage stakeholder


claims and expectations, it may be helpful to take a closer look at the categories
of stakeholders. How do managers make this category?
A. All answers are correct Correct!
B. Based on interest of each stakeholder
C. Based on the need of the company
D. Based on power and interest of each stakeholder

8. A corporate social responsibility's company actions include not only producing a


reliable product, charging a fair price with fair profit margins, and paying a fair
wage to employees, but also caring for the environment and acting on other
social concerns True

Homework 4

Good business leaders know that a commitment to sustainability and corporate


social responsibility (CSR) requires a strong foundation. The following factors
contribute to the strong foundation for CSR, except:
A. Transparent process of strategy implementation
B. Effective sales strategy Correct!
C. Commitment to implementing the strategy
D. Enforcement for the CSR standards and regulations.
E. Participation of large and diverse group of stakeholders

2. Corporate law, which enables businesses to take advantage of a legal structure


that separates liability from ownership and control, was introduced in most states
in the nineteenth century. The law introduces key features of corporations that
are different from sole proprietors and partnerships, except:
A. Personal liability Correct!
B. Tax on corporate income
C. Limited liability
D. The separation of ownership and liability

3. Suzanne Cummins in Black, White, and Gray: Law and Ethics in Business, says
"In a sense, corporations are like Frankenstein’s monster without the ugly body."
What does she mean?
A. Corporation can harm public
B. Corporation has its own personality
C. Corporation is not created by nature ou Answered
D. Corporation is immortal

4. Which argument does support the theory of corporate social responsibility

A. Government alone cannot deal with social and environmental issues


B. Limited liability and unlimited profit
C. Good company should do good thins for the stakeholders
D. All answers are correct

5. In Dodge v. Ford Motor Company (1919), the Michigan Supreme Court ruled in
favor of shareholder primacy. The judges, in this case, supported the following
CSR theory:
A. The primary responsibility of corporation to serve their customers
B. The primary responsibility of corporation to serve their shareholder and
customers
C. The primary responsibility of corporation is to make profit.
D. All answers are correct

6. What was the judge's CSR theory in the case of Shlensky v. Wrigley (1968)?
A. Limited liability
B. Stakeholder maximization
C. Business judgment rule
D. Shareholder maximization

7. The Supreme Court’s ruling in Citizens United v. Federal Election Commission


(2010), upheld the First Amendment free-speech rights of corporations. What is
the U.S. jurisprudence created by this legal case?
A. Limited liability
B. Business judgement rule
C. Corporation parenthood
D. Corporate ethics

8. The concept of sustainability addresses the following issues:


A. Selling tobacco Correct!
B. Polluting the environment Correct!
C. Selling guns Correct!
D. Selling drugs

Homework Chapter 5

1. The challenge for business leaders everywhere is to draw out the values of
local cultures and integrate the best of those into their management
models. The following is the local values that should be considered by
business leaders, except:
A. Religion
B. Language
C. Profitability Correct!
D. Tradition

2. What is the language of money in international transactions?


A. Arabic
B. Spanish
C. Chinnese
D. English Correct!

3. Enculturalism is perfectly described in the following statements:


A. Copying other organization ethics
B. Taking ethic test Correct!
C. Taking ethic training Correct!
D. Bridging two ethical standards closer

4. The process of developing culture by acculturation mechanism clearly


represented by the following cases:
A. Local trades
B. Traditional market
C. Regional trades Correct!
D. Globalization Correct!

5. How can an organization remain true to its mission and what it believes
about itself while honoring local customs and ethical standards? Business
managers in a developed country engaging in commerce in an environment
where corruption might be more rampant than at home facing a real ethical
dilemma.
A. Hiring consultant for dealing with local culture Correct!
B. Identifies clearly the purpose of business Correct!
C. Avoiding local culture
D. Defines the organization’s mission, which encapsulates its purpose

6. Traditional norms and customs have changed as the world’s population have
grown more diverse and urbanized. As the Internet has made news and
other resources readily available, there is a growing emphasis on
consumerism. It creates the following culture, except:
A. Diminishing marginal utility
B. Acquisition of more goods and services
C. People are defined as consumers
D. Consumer satisfaction

7. Research has shown that successful leaders and organizations with global
responsibilities “need to understand and exceed the leadership expectations
in the cultures they are interacting with. What are the expectations of the
stakeholders to business leaders?
A. Reflecting the culture in which it operates
B. Understanding local culture
C. Learn to adapt to cultural expectations Correct!
D. Contextual and strongly connected to cultural and organizational
values.

Homework 6

1. A contemporary corporation always owes an ethical, and in some cases the


legal, duty to employees to be a responsible employer. In a business context,
the definition of this responsibility includes:
A. Compensating workers fairly
B. Transparency in hiring
C. Treating them with a sense of dignity and equality
D. A safe workplace Correct!

2. If you are a manager of a corporation, what are your main responsibilities to


employees:
A. Be a mentor
B. Be an ethical leader
C. Give people a reason to come back to work tomorrow
D. Be a role model
3. What are the duties of a contemporary corporation to its employees?
A. Give freedom
B. Responsible employer Correct!
C. Give happiness
D. Transparency in working environment and condition Correct!

4. Today’s workers expect more of these benefits:


A. All answers are correct
B. Fair working environment
C. Non-monetary benefits Correct!
D. Safe working conditions

5. How does an employer go about the process of making workers happy?


A. Know better its employees Correct!
B. Aloof its employees
C. All answers are correct
D. Making its employees feel like being employees.

6. Age and generation also play a role in the types of perks that employees
value. Which statement is correct?
A. All answers are correct
B. Generation X (born in the years 1965–1980) place a high value on
opportunities for work-life balance Correct!
C. Baby Boomers (born in the years 1946–1964) place a high value on
salary and a solid retirement plan, and flexibility.
D. Millennials (born in the years 1981–1997) appreciate solid retirement
plan and flexibility: having a choice of benefits, paid time off, the ability
to telecommute, flexible hours, and opportunities for professional
development

7. No one would dispute that employees are entitled to a fair or just wage.
Rather, it is in the calculation of a fair wage that the debate begins. The
factors that feature in calculations of fair wage include:
A. All answers are correct
B. Government bond rate
C. federal and state minimum-wage standards Correct!
D. Cost of education

8. Equal pay under the law means equal pay for the equivalent job. True / False
Homework 7

1. Coworkers may express their opinions differently, for instance, agreeing


or disagreeing, perhaps in very animated ways. Although we and our
peers at work may not see eye to eye on every issue, when do we work
best?
A. Showing a degree of loyalty to our employer Correct!
B. Understand the need to get along Correct!
C. Showing a degree of loyalty to ourselves Correct!
D. Showing a degree of loyalty to our values Correct!

2. Duty of loyalty is a term related to employees obligation to:


A. Work hard and do best efforts
B. All answers are correct
C. Refrain from acting in a manner contrary to the employer’s interest
Correct!
D. Obey contracts

3. There is no generally agreed-upon definition of an employee’s duty of


loyalty to his or her employer. One indicator that our understanding of
the term is changing is that millennials are three times more likely than
older generations to change jobs, according to a Forbes Human Resources
Council survey. The following features are shown by loyal employees:

A. Believe that working for this organization is their best option


Correct!
B. Do not actively search for alternative employment Correct!
C. Responsive to offers
D. Being committed to the success of the organization. Correct!

4. The following factors can make employees less likely to feel a duty of
loyalty to their companies, except:
A. Flexible working hours Correct!
B. Compensation
C. Pension plan
D. Workers are employees “at will”

5. If building employee loyalty is a challenge for managers and they see their
workers leaving for better opportunities, what can they do to change the
situation?
A. Do team-building activities
B. All answers are correct
C. Give retention bonuses Correct!
D. Do company picnics
6. Non-compete agreements are a way to provide:
A. Employment agreement
B. Protection to the company’s intellectual property Correct!
C. Trading rule
D. All answers are correct

7. As the public’s first point of contact with a company, employees are


obliged to assist the firm in forming a positive relationship with
customers. How well or poorly they do so contributes a great deal to
customers’ impression of the company. And customers’ perceptions affect
not only the company but all the employees who depend on its success
for their livelihood. How do employers encourage employees to be more
loyal to their customers?
A. Allow employees to use their best judgment Correct!
B. Give detail guideline to treat customers
C. Treat customers with respect
D. Limit interactions with customers

8. Understanding the various personalities at work can be a complex task,


but it is a vital one for developing a sense of collegiality. One technique
that may be helpful is to create a sense of collegiality is:
A. Awareness
B. Partnership
C. All answers are correct
D. Emotional intelligence