Module 4

Question 1

The accepted principles of right and wrong that guide a person’s decisions are called _____.

ethics

attitudes

beliefs

contexts

Answer 1

ethics

Question 2

The Foreign Corrupt Practices Act was amended to include _____ because some U.S. businesses complained the act would put U.S. firms at a competitive disadvantage.

agriculture production

facilitating payments

services

technological innovation

Answer 2

facilitating payments

Question 3

The Plume and Fabric manufacturing company abides by a strict code of providing the best in equipment, lighting, and overall working conditions for its 350 employees who create costumes for Broadway shows. While the company could save money by hiring less-skilled or underage labor to do the job, it knows that decision is not acceptable. This scenario demonstrates how a(n) _____ plays a role in the company’s decisions.

mission statement

vision statement

ethical strategy

marketing plan

Answer 3

ethical strategy

Question 4

The generally accepted principles and values that govern interactions between individuals are called

Multiple choice question.

social responsibilities.

straw men.

facilitating payments.

personal ethics.

Answer 4

personal ethics.

Question 5

Which congressional act outlaws the payment of bribes to foreign government officials to gain businesses?

Multiple choice question.

Corruption of Foreign Public Officials Act

Foreign Money Laundering Control Act

Prevention of Foreign Corruption Act

Foreign Corrupt Practices Act

Answer 5

Foreign Corrupt Practices Act

Question 6

The managers of Simple Sound Manufacturing are struggling to meet their quota that was recently increased by upper management. They decide to eliminate two quality control steps in the manufacturing process. This is unethical behavior that was a result of

Multiple choice question.

unrealistic performance goals.

fraudulent accounting practices.

following a strict codes of ethics.

the need to establish high quality standards.

Answer 6

unrealistic performance goals.

Question 7

What are four determinants of ethical behavior?

Multiple select question.

Social behavior law

Personal ethics

Organizational culture

Humanism

Societal culture

Leadership

Answer 7

Personal ethics

Organizational culture

Societal culture

Leadership

Question 8

Scandinavia scores high on the individualism and uncertainty avoidance measures of societal culture. According to Hofstede’s dimensions of societal culture, Scandinavia is more likely to engage in Blank______ business behavior than, for example, Russia.

individualistic

unethical

avoidance

ethical

Answer 8

ethical

Question 9

When making ethical decisions, ______ factors are stressed in Japan, while ______ factors are more important in the United States.

Multiple choice question.

opportunity; individual or personal

individual or personal; opportunity

organizational; opportunity

organizational; individual or personal

Answer 9

organizational; individual or personal

Question 10

The straw men theory that states that businesses should behave in a socially responsible manner, according to ethical custom and without deception and fraud is the _______.

Multiple choice question.

Monroe Doctrine

Greenspan Doctrine

Yellen Doctrine

Friedman Doctrine

Answer 10

Friedman Doctrine

Question 11

A company’s organizational _____ reflects the values and norms that are shared among employees of an organization.

Multiple choice question.

culture

vision

endowment

hierarchy

Answer 11

culture

Question 12

Which ethical theory emphasizes that the best actions are those that benefit the most number of people and harm the least number of people?

Multiple choice question.

Protestantism

Evangelism

Kantian

Utilitarianism

Answer 12

Utilitarianism

Question 13

Certain theories accept that there are rights, both positive and negative, that all humans have simply because they are human. These are called ______ theories.

utilitarian

Friedman

Kantian

rights

Answer 13

rights

Question 14

The Hewlett-Packard example discussed in this chapter suggests that one cause of unethical behavior in a company can stem from _____.

Multiple choice question.

culture

broad performance goals

government demand

leadership

Answer 14

leadership

Question 15

The fair and equitable dissemination of economic goods and services is the focus of a(n) _____ distribution.

Multiple choice question.

loaded

just

equivalent

biased

Answer 15

just

Question 16

Which two of Hofstede’s dimensions are present in countries where ethical practices are commonly practiced?

Multiple select question.

High in individualism

High in uncertainty avoidance

High in masculinity

High in power distance

Answer 16

High in individualism

High in uncertainty avoidance

Question 17

According to the Friedman Doctrine, what is the only social responsibility a company has as long as it stays within the rules of law?

Multiple choice question.

Delivering goods

Increasing profits

Fostering employment

Protecting humanity

Answer 17

Increasing profits

Question 18

______ ethics measure actions on a cost-benefit scale.

Multiple choice question.

Rights theories

Utilitarian

Assimilation

Justice

Answer 18

Utilitarian

Question 19

An organization’s code of ethics may be partially based on documents such as the United Nations Universal Declaration of_____________ ____________

Answer 19

Human Rights

Question 20

The _________________________
theories recognize that there are things we CANNOT do against individuals because they have certain moral, fundamental rights.

Answer 20

rights

Question 21

A(n) _____________________distribution is one that is considered fair and equitable.

Answer 21

just

Question 22

Some ethics experts have proposed practical guides or ethical ______ to make ethical decisions in a systematic way.

Multiple choice question.

etiquette

modus operandi

patterns

algorithms

Answer 22

algorithms

Question 23

According to the text, which three actions can managers take to ensure that ethical issues are considered in business decision making?

Multiple select question.

Favor hiring and promoting of people with a sense of personal ethics.

Implement decision-making processes that consider ethical aspects of business decisions.

Invest in international businesses that promote advocacy.

Build an organizational culture that values ethical behavior.

Develop solid accounting and auditing practices.

Answer 23

Favor hiring and promoting of people with a sense of personal ethics.

Implement decision-making processes that consider ethical aspects of business decisions.

Build an organizational culture that values ethical behavior.

Question 24

Many companies develop a formal statement of primary values and ethical standards for employees and managers to follow. This is called a

Multiple choice question.

code of conduct.

code of ethics.

code of grievances.

code of honor.

Answer 24

code of ethics.

Question 25

Which two theories provide the moral compass that is important when thinking through the ethical implications of decisions in a systematic way?

Multiple select question.

The Friedman Doctrine

Rawl’s theory of justice

Straw men theories

Rights theories

Answer 25

Rawl’s theory of justice

Rights theories