business Ethics & Financial Management homework assessments
Question 1
· Which of the following is the final step in the ethical decision-making process?
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· Identifying the ethical issues involved |
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· Monitoring and learning from outcomes |
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· Considering how a decision affects stakeholders |
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· Identifying key stakeholders |
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Question 2
· Which of the following is an example of a social role?
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· Student-body president |
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· Manager |
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· Neighbor |
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· Accountant |
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Question 3
· Which of the following terms refers to shortsightedness about values?
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· Inattentional blindness |
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· Normative myopia |
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· Change blindness |
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· Descriptive ignorance |
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Question 4
· Which of the following is a criticism of the Sarbanes-Oxley Act?
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· It excludes requirements for certification of documents by officers. |
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· It imposes extraordinary financial costs on the firms. |
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· It does not require lawyers to report concerns of wrongdoing if not addressed. |
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· It does not require codes of ethics for senior financial officers. |
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Question 5
· __________ exists where a person holds a position of trust that requires that he or she exercise judgment on behalf of others but where his or her personal interests conflict with those of others.
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· duty of care |
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· community of interest |
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· conflict of interest |
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· duty of loyalty |
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Question 6
Discuss the duties of care and good faith.
Your response should be at least 200 words in length.