Ethics quiz

A) 

Study of Operational business decisions

B) 

The study of business situations, activities, and decisions where issues of legality are addressed

C) 

Study of Strategic Business Decisions

D) 

The study of business situations, activities, and decisions where issues of right and wrong are addressed

A) 

Business etiquette

B) 

Criminal Justice

C) 

Grey Area

D) 

Code of Conduct

A) 

Motivated Blindness

B) 

Implicit Prejudice

C) 

Conflict of Interest

D) 

In-Group Favoritism

A) 

Improved relationships with stakeholders and improved brand reputation.

B) 

All of the above. 

C) 

Cost reduction.

D) 

Enhanced relationships with employees and shareholders.

A) 

Planet, Product, Profit

B) 

People, Planet, Profit

C) 

People, Price, Profit

D) 

People, Planet, Price

A) 

Business managers don’t need to study ethics in order to know how to treat employees, shareowners, and customers.

B) 

Ethical concerns are as unavoidable in business as are concerns of marketing, accounting, finance, and human resources. Formal study of business ethics helps address these concerns so that decisions of right and wrong may be made deliberately. and conscientiously

C) 

Business and ethics simply don’t mix. In the final analysis, self-interest represented by profit overrides the interests of employees, customers, and communities. Opinion and sentiment get in the way of efficient business decision-making.

D) 

The answers to ethical questions are clear-cut enough; all business people already know right from wrong.

A) 

To enhance financial performance

B) 

To recover a company’s image after a notorious business scandal

C) 

To build corporate reputation

D) 

To avoid the loss of a good corporate image or being sued for misconduct

A) 

Moral Disengagement

B) 

Moral Judgment

C) 

Moral Bias

D) 

Moral Awareness 

A) 

Proximity

B) 

Magnitude of Consequences

C) 

Social Consensus

D) 

Concentration of Effect

A) 

Human Resources Systems

B) 

Ethics Hotline

C) 

Whistle-blowing Programs

D) 

Code of Ethics

A) 

In the process of providing goods and services to customer who need and want them and maximizing profits for its shareowners, a business fulfills its social responsibility

B) 

In addition to making a profit, businesses are just as responsible for seeing to the well-being of their employees and the communities in which they operate

C) 

A business is responsible for maximizing profits for its shareowners, but, in special circumstances, may have to sacrifice profits in the interest of the community whose citizens depend on it for employment.

D) 

No one other than the managers and owners of a business may claim to have any stake in the business decisions managers make.

A) 

The moral worth of an action is based on the consequences of the action.

B) 

The theory accepts that harm can occur in any decision and focuses on the greatest good based on consequences of action

C) 

The moral worth of any action is the action itself and whether the action respects universal rules and norms.

D) 

The individual will choose the option that maximizes good and minimizes harm.

A) 

Transparency can also take the form of information-sharing and exchanges.

B) 

All of the above.

C) 

Companies can also use both of the above to find better ways to improve their information transparency for the future.

D) 

The Internet and social media can be used as a repository of critical information.

A) 

Customer privacy and information transparency 

B) 

Confidentiality and availability

C) 

Integrity and authentication

D) 

Reputable website affiliation and peer endorsement

A) 

Social Performance Reports

B) 

Strategic CSR

C) 

Global Reporting Initiative (GRI)

D) 

UN's Global Compact