Test Bank For Business Ethics Decision Making for Personal Integrity & Social Responsibility, 5th Edition By Laura Hartman, Joseph DesJardins and Chris MacDonald Chapter 1-10 Answers are at the End of Each Chapter Chapter 1
Student name:__________ TRUE/FALSE - Write 'T' if the statement is true and 'F' if the statement is false. 1) In a general sense, a business stakeholder is one who has made substantial financial investments in the business. ⊚ true ⊚ false 2) A firm’s ethical reputation can provide a competitive advantage in the marketplace with
customers, suppliers, and employees. ⊚ true ⊚ false 3) Ethics refers to how human beings should properly live their lives. ⊚ true ⊚ false 4) Norms appeal to certain values that would be promoted or attained by acting in a certain way. ⊚ true ⊚ false 5) Values are the only guidance individuals need to act in ways that are positive or ethical. ⊚ true ⊚ false 6) Ethical values are personal codes of ethics that ensure that a person meets his or her
individual standards of well-being. ⊚ true ⊚ false