business Ethics & Financial Management homework assessments

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business_ethics_assessment_v.docx

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.