Ethics in Management Solved
Exam Questions
Course Introduction
Ethics in Management explores the theoretical foundations and practical applications of ethical principles within organizational settings. The course examines frameworks for ethical decision-making, the role of personal values and corporate culture, and the impact of ethical leadership on stakeholder relationships. Students analyze real-world cases involving issues such as corporate governance, social responsibility, workplace diversity, and environmental sustainability. By integrating ethical considerations into management practices, the course prepares students to navigate complex dilemmas and foster responsible, trustworthy organizations.
Recommended Textbook
Business Ethics Now 3rd Edition by Andrew Ghillyer
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10 Chapters
975 Verified Questions
975 Flashcards
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Page 2
Chapter 1: Understanding Ethics
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113 Flashcards
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Sample Questions
Q1) An ethical ______________________ is a situation in which there is no obvious "right" or "wrong" decision,but rather a "right" or "right" answer.
Answer: dilemma
Q2) Arthur Dobrin identified ___ questions you should consider when resolving an ethical dilemma.
A)8
B)6 C)10
D)15
Answer: A
Q3) The basic assumption of ethical theory is that you as an individual or community are in control of all the factors that influence the choices that you make.
A)True
B)False
Answer: True
Q4) Ethics for the greater good was originally proposed by the Scottish philosopher ______________________________.
Answer: David Hume
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Page 3
Chapter 2: Defining Business Ethics
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80 Flashcards
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Sample Questions
Q1) The ______ introduced greater accountability for chief executive officers and boards of directors by requiring them to signing off on the financial performance records of the organizations they represent.
A)Global Sullivan Principals
B)Federal Corrupt Practices Act
C)2002 Sarbanes-Oxley Act
D)False Claims Act
Answer: C
Q2) If you utilize the Golden Rule resolution principle,you would utilize the principle: do unto others as you would have them do unto you.
A)True
B)False
Answer: True
Q3) An ____________________ is the combination of two contradictory terms.
Answer: oxymoron
Q4) Typically,a company's code of ethics is a public document.
A)True
B)False Answer: False
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Chapter 3: Organizational Ethics
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Sample Questions
Q1) The code of ethics adapted by the American Marketing Association speaks about doing no harm,fostering trust,and improving "customer confidence" in the integrity of the marketing exchange system.
A)True
B)False
Answer: True
Q2) A set of __________________________________________ governs the accounting profession.
Answer: Generally Accepted Accounting Principles
Q3) The auditing function keeps track of all the company's financial transactions by documenting the money coming in and money going out and balancing the accounts at the end of the period.
A)True
B)False
Answer: False
Q4) An organization's _________________________ consists of the values,beliefs,and norms shared by all of the employees of that organization.
Answer: culture
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Chapter 4: Corporate Social Responsibility
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Sample Questions
Q1) The definition of corporate social responsibility assumes the corporation ______.
A)is operating in a competitive environment
B)is committed to a retrenchment strategy
C)complies with federal and state legal obligations
D)is committed to a moderate growth strategy
Q2) Discuss the benefits of an organization having a triple bottom line that is included in their annual reports?
Q3) Many corporations are now reporting a triple bottom line in their annual reports that includes updates on their social and environmental activities in addition to their bottom line financial performance.
A)True
B)False
Q4) Discuss the major trend: globalization.
Q5) The practices of making a company's operations
___________________________ to off set damage to the environment through their greenhouse gas emissions was initially developed as a solution for those industries that face significant challenges in reducing their emissions.
Q6) Explain the business argument for "doing well by doing good."
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Chapter 5: Corporate Governance
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Sample Questions
Q1) _____________________________ was the focus of the Cadbury report.
Q2) Before the development of ______,managers and owners of organizations were the same people.
A)venture capitalists
B)proprietorships
C)partnerships
D)large corporations
Q3) A ______ is the process that directs and controls organizations.
A)corporate management
B)corporate guidance
C)corporate governance
D)corporate control
Q4) A fiduciary responsibility is ultimately based on trust.
A)True
B)False
Q5) The Sarbanes-Oxley Act of 2002 incorporates the "comply or else" approach.
A)True
B)False
Q6) Discuss the roles of the audit committee,the compensation committee,and the governance committee in an organization.
Page 7
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Chapter 6: The Role of Government
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Sample Questions
Q1) The Dodd-Frank Wall Street Reform and Consumer Protection Act Legislation was established to look at possible mismanagement in the financial sector.
A)True
B)False
Q2) __________________ are payments of money or anything else of value to influence or induce any foreign official to act in a manner that would be in violation of his or her lawful duty.
Q3) Explain three of the eleven sections of the Sarbanes-Oxley Act.
Q4) The responsibilities granted to the CFPB that has been written in the legislation are extensive and include authority to examine and enforce regulations for banks and credit unions with assets over $10 billion.
A)True
B)False
Q5) Title _____ of SOX requires CEOs and CFOs to certify quarterly and annual reports to the SEC,including making representations about the effectiveness of their control systems.
Q6) Title _____ of the Sarbanes-Oxley Act requires senior auditors to rotate off an account every five years and junior auditors every seven years.
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Chapter 7: Blowing the Whistle
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Sample Questions
Q1) One of the first uses of the term whistleblower occurred in 1943,when Otto Otopeka was dismissed from the U.S.State Department after giving classified documents on security risks to the chief counsel of the Senate Subcommittee on Internal Security.
A)True
B)False
Q2) In today's environment,experts highly recommended that becoming a whistleblower and taking your story public should be a first resort.
A)True
B)False
Q3) A(n)_______ is an employee who discovers corporate misconduct and chooses to bring it to the attention of others.
A)tattle-tail
B)internal spy
C)whistle-blower
D)chief ethics officer
Q4) When an employee discovers evidence of malpractice or misconduct in an organization,he or she faces an ______________________.
Q5) Discuss the consequences of ignoring a whistle-blower.
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Chapter 8: Ethics and Technology
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Sample Questions
Q1) According to the employer position,all employee activity should be work-related,and any monitoring of that activity is an infringement of employee privacy.
A)True
B)False
Q2) Discuss how many positive promises of the new technology used in our everyday work environment have been overshadowed by concerns over loss of privacy in two key areas.
Q3) ____________________ is the ability to work outside of your office and log into your company network.
Q4) "Thou shalt not use a computer to _____________________" is a commandment of computer ethics?
Q5) What type of liability implies that a party may be held responsible for injury or damage even thought it was not actively involved in the incident?
A)Cyber
B)Vicarious
C)Associative
D)Mutual
Q6) Explain the differences between thin and thick consent.
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Chapter 9: Ethics and Globalization
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Sample Questions
Q1) Richard DeGeorge's guidelines present something of an ethical ideal that reveal some of the most severe transgressions which have brought negative attention to the ethical behavior of MNCs.
A)True
B)False
Q2) Enforcing a global ethical standard would require the United Nations to set acceptable standards of behavior and appropriate consequences for failing to abide by those standards.
A)True
B)False
Q3) ______ is a voluntary corporate citizenship initiative endorsing 10 key principles that focus on four main areas of concern: the environment,anticorruption,the welfare of workers around the world,and global human rights.
A)Corporate Citizenship
B)Global Compact
C)Ethical Expatriatism
D)Global Fellowship
Q4) Under the _____________________________ Act,American corporations are accountable for ethical conduct in their home country.
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Chapter 10: Making It Stick - Doing Whats Right in a Competitive Market
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Sample Questions
Q1) Making ethical behavior sustainable requires the involvement of every member of the organization in committing to a formal structure to support an ongoing process of monitoring and enforcement.The first stage of this process is to:
A)continue to monitor the behavior as you grow
B)hire an ethics officer
C)reward the ethical behavior demonstrated by employees
D)establish a code of ethics
Q2) With standards of behavior specified in the code of ethics,along with the punishment served for failing to follow those standards,an organization's ethics program can become widely accepted quickly.
A)True
B)False
Q3) With standards of behavior specified in the code of ethics,the threats of punishment must be balanced with promised rewards for successful behavior.
A)True
B)False
Q4) ________________ organization policies refer to organizations that maintain open and honest communications with all stakeholders.
Page 12
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