Dynamic business law the essentials 3rd edition kubasek test bank by alex83883

Dynamic Business Law The Essentials 3rd Edition Kubasek TEST BANK Full clear download (no error formatting) at: http://testbanklive.com/download/dynamic-business-law-the-essentials-3rdedition-kubasek-test-bank/ Dynamic Business Law The Essentials 3rd Edition Kubasek SOLUTIONS MANUAL Full clear download (no error formatting) at: http://testbanklive.com/download/dynamic-business-law-the-essentials-3rdedition-kubasek-solutions-manual/ Ch apter 02 B u sin ess Et h ics an d Social Respon sibility

T ru e / F als e Q u est ion s

1. E t h i cs i s t h e stu d y a n d p r a cti ce o f d e ci sio n s a b o u t wh a t i s g o o d o r r i g ht.

Tr u e Fa l se

2. E t h i ca l co n ve r sa t i on i s p r i ma r i l y ab o u t f in d i ng t h e o n e a n d o n l y ri g h t t hi n g t o d o .

Tr u e Fa l se

3. Th e r e i s o n l y o ne co r r e ct a nswe r f o r e a ch e t h i ca l d i le mma .

Tr u e Fa l se

2 -1 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

4. An e t h i ca l d i l e mma h a s n o cl e a r , r i g ht d e ci sio n .

Tr u e Fa l se

5. A b u sin e ss d e ci sio n ca n b e l e g a l b u t un e t hi ca l .

Tr u e Fa l se

6. Di f f e r e nt co u n t r ie s h a ve d i f fe r e n t e th i ca l sta n da r d s.

Tr u e Fa l se

2 -2 C op yri gh t Â© 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

7. St a ke h o l d e r s o f a b u sin e ss co n sist o f ma n y d i f f e re n t g rou p s o f p e o p l e wh o a re a f f e ct e d b y t h e b u sin e ss's d e ci sio n s.

Tr u e Fa l se

8. Busi n e ss ma n a g e r s sho u l d o n l y co n si d e r cu sto me r s wh e n t h e y e ng a g e in e t h i ca l r ea so n i n g .

Tr u e Fa l se

9. E mpl o y e e s a s we l l a s ma n a g e me n t a r e sta ke h o ld e r s o f a b u sin e ss.

Tr u e Fa l se

1 0 . Th e so ci a l r e sp o n sib il i t y o f a b u sin e ss i s f o r me d b y e xp e ct a t i o n s e mpl o y ee s h a ve o f e mpl o y e r s.

Tr u e Fa l se

11. Va l u e s a r e p o siti ve a b str a ct io n s t h a t ca p t u re o n e 's se n se o f wh a t i s g o o d a n d d e sira b l e .

Tr u e Fa l se

1 2 . Th e u n i ve r sa l i zat i o n te st p ro vi d e s t h a t p e o pl e sho u l d in t e r a ct wit h o th e r s t h e wa y t h e y wo u l d l i ke t o b e t r e at e d .

Tr u e Fa l se

2 -3 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

Mu lt i pl e C h oi ce Qu esti ons

2 -4 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

1 3 . Busi n e ss e t h i cs:

A. R e sul t s i n a se t o f co r r e ct d e ci sio n s ma d e b y a co mpa n y B. R e f e r s t o a sta n d ar d o f b u sin e ss co n d u ct C. Ca n i mpr o ve b u sin e ss d e ci sio n s D. R e f e r s t o a sta n d ar d o f b u sin e ss co n d u ct a n d ca n i mpr o ve b u sin e ss d e ci sio n s E. R e sul t s i n a se t o f co r r e ct d e ci sio n s ma d e b y a co mpa n y a n d ca n i mpr o ve b u sin e ss d e ci sio n s

1 4. Th e e xp e ct a t io n s t h a t a co mmu n i t y p l a ce s o n t h e a ct io n s o f a b u sin e ss a r e r e f e rre d t o a s:

A. So ci a l r e sp o n sib i li t y o f b u sin e ss B. Busi n e ss e t h i cs C. Va l u es D. St a n d a r d s o f b u sine ss co n d u ct E. Busi n e ss d e ci sio n s

1 5 . Po sit i ve a b str a ct i on s t h a t ca p t u r e o ne 's se n se o f wh a t i s g o o d a n d d e sir ab l e a re :

2 -5 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

A. E t h i cs B. So ci a l r e sp o n sib i li t y o f b u sin e ss C. Va l u es D. Th e Go l d e n Rule E. St a ke h o l ders

1 6 . I n 2 0 1 1, Ty so n Fo o d s wa s ch a r g e d wit h co n sp i ra cy a n d vi o l a ti o n o f t he Fo r e i g n Co rru p t Pr a ct i ce Act f o r :

A. Se l l i n g misla b e le d ch i cke n p a r t s t o Ca n a da B. Bri b i n g Me xica n o f f i cia l s C. Tr a d e ma r k i n f r i ng e me n t D. E n vi r o n me n t al vi o l a t io n s E. Se cu r i t i e s f r aud

2 -6 C op yri gh t Â© 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

1 7. I n 2 0 0 7, Do l e wa s sue d b y a g r o u p o f i t s e mpl o y ee s f o r :

A. Lo w wa g e s B. Ag e Di scr i min a t i o n C. Bri b e r y D. Se x d i scr i min a t i o n E. I g n o ri n g sa f et y r e co mme n d a t i o n s i n t he i r u se o f p e sti cid e s

1 8 . Wh i ch o f t h e f o l l o win g a re sta ke h o l de r s o f a b u sin e ss?

A. O wn e r s a n d e mpl o y ee s B. E mpl o y e e s a n d cu sto me r s C. Cu sto me r s, o wn e r s, a n d ma n a g e me n t D. Ma n a g e me n t, o wn e r s, a n d e mpl o y e e s E. Cu sto me r s, o wn e r s, ma n a ge me n t , a n d e mpl oy e e s

1 9 . Po sit i ve a b str a ct i on s t h a t ca p t u r e o ur se n se o f wh a t i s g o o d o r d e sir ab l e a re

A. e t h i ca l i de a s B. va l u e s C. co n sci e n ce d e ma n d s D. d e sir a bl e p r i n ci pl e s E. a ct i o n g o al s

2 -7 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

20. Th e i d e a t ha t we sho u l d i n te r a ct wit h o t h er p e o p le i n a ma n n e r co n sist e n t wit h t h e ma n n e r i n wh i ch we wo u l d l i ke f o r t h e m t o i n t e r a ct wit h u s i s ca l l e d

A. t h e E q u al i za t io n R u l e B. t h e E t h i ca l R ea l i zat i o n R ul e C. t h e Si l ve r R u l e D. t h e Go l d e n R u le E. t h e Te n Co mma n d me n t s R u l e

2 -8 C op yri gh t Â© 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

2 1 . Th e "p u b l i c d i scl o sur e " t e st is a l so kn o wn a s t h e

t e st.

A. t e l e vi sio n B. Po we l l C. se l f - co n sci o u s D. g o l d en E. p r i ma r y

22. I f we co n sid e r wh a t t h e wo r ld wo u l d b e l i ke i f a d e ci sio n i s co p i e d b y e ve r y o n e e l se , we wo u l d b e u sin g wh i ch o f t h e f o l lo win g e t h i ca l g u i de l i ne s?

A. Go l d e n R u l e B. Un i ve r sa l i za t i on Te st C. Pu b l i c Di scl o sur e D. R e l e va n t Di scl o sur e E. Wo r l d R u l e

2 -9 C op yri gh t Â© 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

23. E n vi r o n me n t al Co n ce r n s. Co n n i e, t h e p r e side n t o f a compa n y t h a t ma ke s p a p e r , ha s a n e w i n t e r e st i n t h e e n vi r on me n t . Sh e r e ce n t l y we n t to a se min a r o n e n vi r o n me n ta l d a ng e r s a n d h a s d e ci d e d t o t a ke ste p s t o cl e a n t h i n g s up . Sh e sta r t e d a t h o me a n d wa s a l so co mmi t t e d t o ch a n g e t h i n g s a t wo r k. Co n n i e h a d t o f a ce t he f a ct t h a t h e r co mpa n y h a s b e e n ch e a t i ng a n d i s n o t i n co mpl i a n ce wit h a p p l i ca bl e e n vi r on me nt a l r e g ul a ti o n s d u e t o d u mpi n g i n a n e a rb y r i ve r . He r compa n y h a s n e ve r b e e n ci t e d, h o we ve r , b e ca u se i t e mpl o y s a ve r y l ar g e n u mbe r o f p e o p l e i n the co mmu n i t y , i n cl u d i ng t h e ma y o r 's wif e an d t h e ch i e f - of - p o li ce 's b r o th e r . O n h e r missi o n t o cl e an t h i n g s u p , Co n n i e ha s d e ci d e d t o g o eve n f u r t h e r th a n t he l a w r e qu i r e s a n d i n stal l t h e ve r y l ate st e n vi r o n me n ta l p r ot e ct i o n s. Wh e n she a n n o u n ce d h e r pl a n , t h e ch a ir o f t h e co mpa n y 's b o a r d o f d i r e ct o r s, Bro o ke , h a d a me e t i n g wit h Co nn i e. Br o o ke t o l d Co n n ie t o a n a ly ze t h e sit u a t io n ca r e f ul l y b e ca u se t h e co st o f t h e a d di t i o na l e q ui p me n t wo u l d me a n n o d i vi d en d t o sha r e ho ld e r s a n d n o r a i se f o r e mpl o ye e s. F u r t h ermor e , Br o o ke t o l d Co n n i e th a t i n stal l i ng a l l t h e ne w e q u i p me n t wo u l d r e sul t i n h i gh e r p ri ce s f o r t h e co mpa n y 's p a p e r p r o du ct s a n d co u l d b a n kr u p t t h e co mpa n y b e ca u se o f f o r e ig n co mpe t it i o n . Br o o ke h i n te d t h at Co n n i e co u l d b e f ir e d i f she p er sist e d . Br o o ke sug g e ste d t h at Co n n ie j u st b e co n ce r n e d wit h a min i ma l sta n d a rd o f e t h i cs. Wh i ch o f t h e f o l l o win g i s t h e min i ma

2 -10 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

l sta n d a r d t ha t a b u sin e ss must me e t i n a co n sid e r a ti o n o f b u sine ss e t h i cs?

A. De ci sio n s must b e l e g a l . B. De ci sio n s must me e t t h e cr i t e r i a o f a f ol l o we r o f th e WPH Fr a me wo r k f o r Busi n e ss E t h i cs. C. De ci sio n s must me e t t h e r e q u i r e me nt s o f t h e most i mp o r t a nt sta ke h o l d er s. D. De ci sio n s must r e ce i ve a m a j o r it y vo t e o f a cce p t a n ce by e mpl o y e e s. E. Bot h t h a t d e ci sio n s must b e l e g a l a n d t ha t d e ci sio n s r e ce i ve a ma j o r i t y vo t e o f a cce p t a n ce b y e mpl o y e e s.

2 -11 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

2 4. E n vi r o n me n t al Co n ce r n s. Co n n i e, t h e p r e side n t o f a compa n y t h a t ma ke s p a p e r , ha s a n e w i n t e r e st i n t h e e n vi r on me n t . Sh e r e ce n t l y we n t to a se min a r o n e n vi r o n me n ta l d a ng e r s a n d h a s d e ci d e d t o t a ke ste p s t o cl e a n t h i n g s up . Sh e sta r t e d a t h o me a n d wa s a l so co mmi t t e d t o ch a n g e t h i n g s a t wo r k. Co n n i e h a d t o f a ce t he f a ct t h a t h e r co mpa n y h a s b e e n ch e a t i ng a n d i s n o t i n co mpl i a n ce wit h a p p l i ca bl e e n vi r on me nt a l r e g ul a ti o n s d u e t o d u m pi n g i n a n e a rb y r i ve r . He r compa n y h a s n e ve r b e e n ci t e d, h o we ve r , b e ca u se i t e mpl o y s a ve r y l ar g e n u mbe r o f p e op l e i n the co mmu n i t y , i n cl u d i ng t h e ma y o r 's wif e an d t h e ch i e f - of p o li ce 's b r o th e r . O n h e r missi o n t o cl e an t h i n g s u p , Co n n i e ha s d e ci d e d t o g o eve n f u r t h e r th a n t he l a w r e qu i r e s a n d i n stal l t h e ve r y l ate st e n vi r o n me n ta l p r ot e ct i o n s. Wh e n she a n n o u n ce d h e r pl a n , t h e ch a ir o f t h e co mpa n y 's b o a r d o f d i r e ct o r s, Bro o ke , h a d a me e t i n g wit h Co nn i e. Br o o ke t o l d Co n n ie t o a n a ly ze t h e sit u a t io n ca r e f ul l y b e ca u se t h e co st o f t h e a d di t i o na l e q ui p me n t wo u l d me a n n o d i vi d en d t o sha r e ho ld e r s a n d n o r a i se f o r e mpl o ye e s. Fu r t h ermor e , Br o o ke t o l d Co n n i e th a t i n stal l i ng a l l t h e ne w e q u i p me n t wo u l d r e sul t i n h i gh e r p ri ce s f o r t h e co mpa n y 's p a p e r p r o du ct s a n d co u l d b a n kr u p t t h e co mpa n y b e ca u se o f f o r e ig n co mpe t it i o n . Br o o ke h i n te d t h at Co n n i e co u l d b e f ir e d i f she p er sist e d . Br o o ke sug g e ste d t h at Co n n ie j u st b e co n ce r n e d wit h a min i ma l sta n d a rd o f e t h i cs. Wh i ch o f t h e f o l l o win g wo u l d b e a sta ke h o l d er i n th e co mpa n y ? 2 -12 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

A. Th e co mmu n i t y o n l y B. Th e sha r e h ol d e r s o n ly C. Fu t u r e g e n er a ti o n s o n l y D. Th e co mmu n i t y a n d sha r e ho l d e r s o n ly E. Th e co mmu n i t y , sh a r e h o ld er s, a n d f u t u re g e n e ra t io n s

2 -13 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

25. E n vi r o n me n t al Co n ce r n s. Co n n i e, t h e p r e side n t o f a compa n y t h a t ma ke s p a p e r , ha s a n e w i n t e r e st i n t h e e n vi r on me n t . Sh e r e ce n t l y we n t to a se min a r o n e n vi r o n me n ta l d a ng e r s a n d h a s d e ci d e d t o t a ke ste p s t o cl e a n t h i n g s up . Sh e sta r t e d a t h o me a n d wa s a l so co mmi t t e d t o ch a n g e t h i n g s a t wo r k. Co n n i e h a d t o f a ce t he f a ct t h a t h e r co mpa n y h a s b e e n ch e a t i ng a n d i s n o t i n co mpl i a n ce wit h a p p l i ca bl e e n vi r on me nt a l r e g ul a ti o n s d u e t o d u mpi n g i n a n e a rb y r i ve r . He r compa n y h a s n e ve r b e e n ci t e d, h o we ve r , b e ca u se i t e mpl o y s a ve r y l ar g e n u mbe r o f p e op l e i n the co mmu n i t y , i n cl u d i ng t h e ma y o r 's wif e an d t h e ch i e f - of - p o li ce 's b r o th e r . O n h e r missi o n t o cl e an t h i n g s u p , Co n n i e ha s d e ci d e d t o g o eve n f u r t h e r th a n t he l a w r e qu i r e s a n d i n stal l t h e ve r y l ate st e n vi r o n me n ta l p r ot e ct i o n s. Wh e n she a n n o u n ce d h e r pl a n , t h e ch a ir o f t h e co mpa n y 's b o a r d o f d i r e ct o r s, Bro o ke , h a d a me e t i n g wit h Co nn i e. Br o o ke t o l d Co n n ie t o a n a ly ze t h e sit u a t io n ca r e f ul l y b e ca u se t h e co st o f t h e a d di t i o na l e q ui p me n t wo u l d me a n n o d i vi d en d t o sha r e ho ld e r s a n d n o r a i se f o r e mpl o ye e s. Fu r t h ermor e , Br o o ke t o l d Co n n i e th a t i n stal l i ng a l l t h e ne w e q u i p me n t wo u l d r e sul t i n h i gh e r p ri ce s f o r t h e co mpa n y 's p a p e r p r o du ct s a n d co u l d b a n kr u p t t h e co mpa n y b e ca u se o f f o r e ig n co mpe t it i o n . Br o o ke h i n te d t h at Co n n i e co u l d b e f ir e d i f she p er sist e d . Br o o ke sug g e ste d t h at Co n n ie j u st b e co n ce r n e d wit h a min i ma l sta n d a rd o f e t h i cs. Co n n ie , h o we ve r , d e ci d e s t o g o f o r wa r d wit h h e r p l a n to cl e a n t h i ng s u p u n d e r t he t h e or y t h at she wa n t s t 2 -14 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

o t r e at o t h e r s i n t he sa me ma n n e r t h a t she wa n t s t o b e t r ea t ed . Un d e r Co n n i e 's t he o r y , if she d i d n o t un d e r stan d t h e i mpo rt a n ce o f t h e e n vi r on me n t a l i mpr ove me n t s, she wo u l d wa n t t h e m t o b e t h r u st u p o n h e r. Co n n ie 's i d e a i s b e st re f e r re d t o a s

A. t h e Go l d e n R u le B. t h e Di scl o sur e Pr i n ci p l e C. t h e H e l p Pe er s Te st D. t h e Sa r b a ne s - O xle y Rule E. t h e Gr e e n h ou se R u l e

2 -15 C op yri gh t Â© 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

Essay Qu esti on s

26. E xp l a i n t he WH p r o ce ss o f e t h i ca l d e ci sio n - ma ki n g .

2 -16 C op yri gh t Â© 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

Ch apter 02 B u sin ess Eth ics an d Social R espon sibility Answer K ey

T ru e / F als e Q u est ion s

1. E t h i cs i s t h e stu d y a n d p r a cti ce o f d e ci sio n s a b o u t wh a t i s g o o d o r r i g ht.

TR UE E t h i cs i s t h e stu d y a n d p r a cti ce o f d e ci sio n s a b o u t wh a t i s g o o d o r r ight.

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Rem em ber Difficulty: 1 E as y Learn in g Objective: 02 -01 Wh at are bu s in es s eth ics an d th e s ocial respon s ibility of bus in ess ? Topic: Bu s in es s Law an d Bu s in ess Eth ics

2. E t h i ca l co n ve r sa t i on i s p r i ma r i l y ab o u t f in d i ng t h e o n e a n d o n l y ri g h t t hi n g t o d o .

F AL SE

Busi n e ss e t h i cs r e f e r s t o sta n d a r d s o f b u sin e ss co n d u ct , n o t a se t o f co r r e ct d e ci sio ns.

2 -17 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Un ders tan d Difficulty: 2 M edium Learn in g Objective: 02 -01 Wh at are bu s in es s eth ics an d th e s ocial respon s ibility of bus in ess ? Topic: Bu s in es s Law an d Bu s in ess Eth ics

2 -18 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

3. Th e r e i s o n l y o ne co r r e ct a nswe r f o r e a ch e t h i ca l d i le mma .

F AL SE

An e t h i ca l d i l e mma h a s n o cl e a r , r i g ht d e ci sio n .

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Un ders tan d Difficulty: 2 M edium Learn in g Objective: 02 -01 Wh at ar e bu s in es s eth ics an d th e s ocial respon s ibility of bus in ess ? Topic: Bu s in es s Law an d Bu s in ess Eth ics

4. An e t h i ca l d i l e mma h a s n o cl e a r , r i g ht d e ci sio n .

TR UE An e t h i ca l d i l e mma h a s n o cl e a r , r i g ht d e ci sio n .

5. A b u sin e ss d e ci sio n ca n b e l e g a l b u t un e t hi ca l .

2 -19 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

TR UE

A b u sin e ss d e ci sio n ca n b e l e g a l b u t un e t hi ca l .

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : A pply Difficulty: 3 Hard Learn in g Objective: 02 -02 How are bu s in es s law an d bus iness eth ics related? Topic: Bu s in es s Law an d Bu s in ess Eth ics

2 -20 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

6. Di f f e r e nt co u n t r ie s h a ve d i f fe r e n t e th i ca l sta n da r d s.

TR UE

Di f f e r e nt co u n t r ie s h a ve d i f fe r e n t e th i ca l sta n da r d s.

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Rem em ber Difficulty: 1 E as y Learn in g Objective: 02 -02 How are bu s in es s law an d bus iness eth ics related? Topic: Bu s in es s Law an d Bu s in ess Eth ics

7. St a ke h o l d e r s o f a b u sin e ss co n sist o f ma n y d i f f e re n t g rou p s o f p e o p l e wh o a re a f f e ct e d b y t h e b u sin e ss's d e ci sio n s.

TR UE

St a ke h o l d e r s o f a b u sin e ss co n sist o f ma n y d i f f e re n t g rou p s o f p e o p l e wh o a re a f f e ct e d b y t h e b u sin e ss's d e ci sio n s.

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Rem em ber Difficulty: 1 E as y Learn in g Objective: 02 -05 How c an w e us e th e W H f ram ew ork to m ake eth ical bu s in es s decis ion s ? Topic: Th e W H F ram ework for Bus in ess E th ics 2 -21 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

8. Busi n e ss ma n a g e r s sho u l d o n l y co n sid e r cu sto me r s wh e n t h e y e ng a g e in e t h i ca l r ea so n i n g .

F AL SE

Busi n e ss ma n a g e r s must co n sid e r a l l r el e va n t sta ke h ol de r s wh e n t h e y e n ga g e i n e th i ca l r e a so n in g .

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Un ders tan d Difficulty: 2 M edium

2 -22 C op yri gh t ÂŠ 201 6 Mc Gra w-Hi ll Ed u ca t i on . All ri gh t s reserv ed . No rep rod uc t i on or di st ri but i on wi t h out t h e p ri or wri t t en c on sent of M c Gra w-Hi l l Ed u ca ti on .

Learn in g Objective: 02 -05 How c an w e us e th e W H f ram ew ork to m ake eth ical bu s in es s decis ion s ? Topic: Th e W H F ram ework for Bus in ess E th ics

9. E mpl o y e e s a s we l l a s ma n a g e me n t a r e sta ke h o ld e r s o f a b u sin e ss.

TR UE E mpl o y e e s a s we l l a s ma n a g e me n t a r e sta ke h o ld e r s o f a b u sin e ss.

1 0 . Th e so ci a l r e sp o n sib il i t y o f a b u sin e ss i s f o r me d b y e xp e ct a t i o n s e mpl o y ee s h a ve o f e mpl o y e r s.

F AL SE

Th e so ci a l r e sp o n sib il i t y o f b u sin e ss co n sist s o f t h e e xp e ct a t i o n s t he co m mun i t y i m p o se s o n f i r ms d o i n g b u sin e ss wit h i n i t s b o r d e r s.

A AC SB: E th ics A cces s ibility: K eyboard

N avigation Bloom s : Un ders tan d Difficulty: 2 M edium Learn in g Objective: 02 -02 How are bu s in es s law an d bus iness eth ics related? Topic: Bu s in es s Law an d Bu s in ess Eth ics

11. Va l u e s a r e p o siti ve a b str a ct io n s t h a t ca p t u re o n e 's se n se o f wh a t i s g o o d a n d d e sira b l e .

TR UE Va l u e s a r e p o siti ve a b str a ct io n s t h a t ca p t u re o n e 's se n se o f wh a t i s g o o d a n d d e sira b l e .

A AC SB: E th ics A cces s ibility: K eyboard N avig ationBloom s : Rem em ber Difficulty: 1 E as y

Learn in g Objective: 02 -03 W h at are v alu es ? Topic: Bu s in es s Law an d Bu s in ess Eth ics

1 2 . Th e u n i ve r sa l i zat i o n te st p ro vi d e s t h a t p e o pl e sho u l d in t e r a ct wit h o th e r s t h e wa y t h e y wo u l d l i ke t o b e t r e a te d .

F AL SE

Th e g o l d en r u l e p r o vi de s t h a t p e o p le sho u l d i nt e r a ct wit h o t h e r s t h e wa y t he y wo u ld l i ke t o b e t r e a te d .

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Rem em ber Difficulty: 1 E as y Learn in g Objective: 02 -04 How do valu es provide a s tartin g poin t for th inkin g abou t bus in ess eth ics ? Topic: Bu s in es s Law an d Bu s in ess Eth ics

Mu lt i pl e C h oi ce Qu esti ons

1 3 . Busi n e ss e t h i cs:

A. R e sul t s i n a se t o f co r r e ct d e ci sio n s ma d e b y a co mpa n y B. R e f e r s t o a sta n d ar d o f b u sin e ss co n d u ct C. Ca n i mpr o ve b u sin e ss d e ci sio n s

D. R e f e r s t o a sta n d ar d o f b u sin e ss co n d u ct a n d ca n i mpr o ve b u sin e ss d e ci sio n s E. R e sul t s i n a se t o f co r r e ct d e ci sio n s ma d e b y a co mpa n y a n d ca n i mpr o ve b u sin e ss d e ci sio n s

Busi n e ss e t h i cs r e f e r s t o a st a n d a rd o f b u sin e ss co n d u ct a n d ca n i mpr o ve b u sin e ss d e ci sio n s.

Topic: Bu s in es s Law an d Bu s in ess Eth ics

1 4. Th e e xp e ct a t io n s t h a t a co mmu n i t y p l a ce s o n t h e a ct io n s o f a b u sin e ss a r e r e f e rre d t o a s:

A. So ci a l r e sp o n sib i li t y o f b u sin e ss B. Busi n e ss e t h i cs C. Va l u e s D. St a n d a r d s o f b u sine ss co n d u ct E. Busi n e ss d e ci sio n s

Th e e xp e ct a t io n s t h a t a co mmu n i t y p l a ce s o n t h e a ct io n s o f a b u sin e ss i s r e f e r r e d t o a s so ci a l r e sp o n sib il i ty o f b u sin e ss.

1 5 . Po sit i ve a b str a ct i on s t h a t ca p t u r e o ne 's se n se o f wh a t i s g o o d a n d d e sir ab l e a re :

A. E t h i cs B. So ci a l r e sp o n sib i li t y o f b u sin e ss C. Va l u e s

D. Th e Go l d e n R u l e E. St a ke h o l d e r s

Va l u e s a r e p o siti ve a b str a ct io n s t h a t ca p t u re o n e 's se n se o f wh a t i s g o o d a n d d e sira b l e .

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Rem em ber Difficulty: 1 E as y Learn in g Objective: 02 -03 W h at are v alu es ? Topic: Bu s in es s Law an d Bu s in ess Eth ics

1 6 . I n 2 0 1 1, Ty so n Fo o d s wa s ch a r g e d wit h co n sp i ra cy a n d vi o l a ti o n o f t he Fo r e i g n Co rru p t Pr a ct i ce Act f o r:

I n 2 0 1 1, Ty so n Fo o d s wa s ch a r g e d wit h co n sp i ra cy a n d vi o l a ti o n o f t he Fo r e i g n Co rru p t Pr a ct i ce Act f o r b r i b i n g Me xica n o f f ici a l s.

1 7. I n 2 0 0 7, Do l e wa s sue d b y a g r o u p o f i t s e mpl o y ee s f o r :

A. Lo w wa g e s B. Ag e Di scr i min a tion C. Bri b e r y D. Se x d i scr i min a tion E. I g n o ri n g sa f et y r e co mme n d a t i o n s i n t he i r u se o f p e sti cid e s

I n 2 0 0 7, Do l e wa s sue d b y a g r o u p o f i t s e mpl o y ee s f o r i g n o ri n g sa f e ty r e co mme n d a t i o n s i n t h e i r u se o f p e sti ci de s.

1 8 . Wh i ch o f t h e f o l l o win g a re sta ke h o l de r s o f a b u sin e ss?

Th e sta ke h o l d e r s o f a f i r m ar e t h e ma n y g r o up s o f p e op l e a f fe ct e d b y t h e f ir m's d e ci sio n s.

1 9 . Po sit i ve a b str a ct i on s t h a t ca p t u r e o ur se n se o f wh a t i s g o o d o r d e sir ab l e a re

A. e t h i ca l i de a s B. va l u e s C. co n sci e n ce d e ma n d s D. d e sir a bl e p r i n ci pl e s E. a ct i o n g o al s

Va l u e s a r e p o siti ve a b str a ct io n s t h a t ca p t u re o u r se n se o f wh a t i s g o o d o r d e sir a bl e a n d a r e i d e a s t h a t un d e rl i e co n ve r sat i o n s a b o ut b u sin e ss e t h i cs.

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Un ders tan d Difficulty: 2 M edium Learn in g Objective: 02 -03 W h at are valu es ? Topic: Bu s in es s Law an d Bu s in ess Eth ics

A. t h e E q u al i za t io n R u l e B. the E t h i ca l R ea l i zat i o n R ul e C. t h e Si l ve r R u l e D. t h e Go l d e n R u le E. t h e Te n Co mma n d me n t s R u l e

Th e Go l d e n R u l e i s t h e i d ea t h a t we sho u l d i nt e r a ct wit h o t h e r p e o pl e i n a ma n n e r co n sist e n t wit h t h e wa y we wo u l d l i ke t h e m t o i n t e ra ct wit h u s.

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : Un ders tan d Difficulty: 2 M edium Learn in g Objective: 02 -05 How c an w e us e th e W H f ram ew ork to m ake eth ical bu s in es s decis ion s ? Topic: Th e W H F ram ework for Bus in ess E th ics

2 1 . Th e "p u b l i c d i scl o sur e " t e st is a l so kn o wn a s t h e

A. t e l e vi sio n B. Po we l l

t e st.

C. se l f - co n sci o u s D. g o l d en E. p r i ma r y

Th e p u b l i c d i scl o sur e t e st is so me t i me s ca l l e d t h e "t e l e vi sio n t e st, " f o r i t r e q u ir e s u s t o i ma g i n e t h a t o u r a ct io n s a r e b e in g br o a d ca st o n n a ti o n al t e l e vi sio n .

A. Go l d e n R u l e B. Un i ve r sa l i za t i on Te st C. Pu b l i c Di scl o sur e D. R e l e va n t Di scl o sur e E. Wo r l d R u l e

Be f o r e we a ct , t h e u n i ve r sa liza t i o n t e st a sks u s t o co n sid e r wh a t t h e wo r l d wo u l d be l i ke we r e o u r d e ci sio n co p i e d b y e ve ry o n e e l se .

23. E n vi r o n me n t al Co n ce r n s. Co n n i e, t h e p r e side n t o f a compa n y t h a t ma ke s p a p e r , ha s a n e w i n t e re st in t h e e n vi r on me n t . Sh e r e ce n t l y we n t t o a se min a r o n e n vi ro n me n t al d a n ge r s a n d h a s d e ci d e d t o t a ke ste p s t o cl e a n t h i n g s u p . Sh e sta r te d a t h o me a n d wa s a l so co m mit t e d t o ch a n g e t h in g s a t wo r k. Co n n i e h a d t o f a ce t he f a ct t h a t h e r co mpa n y h a s b e e n ch e a t i n g an d i s n o t i n co mpl i a n ce wit h a p pli ca b l e e n vi r on me n t a l re g u lat i o n s d u e t o d u mpi ng i n a n e a r b y r i ve r. H e r co mpa n y h a s n e ve r b ee n ci t e d , h o we ve r , b e ca u se i t e mpl o y s a ve r y l a r g e n u mb e r o f p e o p le i n t h e co mmu n i t y , incl u d i n g t h e ma y or 's wif e a nd t h e ch i e f - of - po l i ce 's b r o the r . O n h e r missi o n t o cl e a n t h i n g s u p , Co n n i e ha s d e ci d e d t o g o eve n f u r t h e r th a n t he l a w r e qu i resand i n sta l l t he ve r y l a t e st e n vi ron me n t a l p r ot e ct i on s. Wh e n she a n n o u n ce d he r p l an , t he ch a i r o f t h e co mpa n y 's b o a r d o f d i re ct or s, Bro o ke , h a d a me e t i n g wit h Co n n ie . Br o o ke t o l d Co nn i e t o a n a l y ze t h e sit u a ti o n ca r e fu ll y b e ca u se t h e co st o f t h e ad d i t i on a l e qu i p me nt wo u l d me a n n o d i vi d e n d t o sha re h o ld e r s a nd n o r a i se f o r e mpl o ye e s. Fu r t h er mor e , Br o o ke t o l d Con n i e t ha t i n sta l li n g a ll t h e n e w e q u ipme n t wo u l d r e sul t i n h ig h e r p r i ce s f o r t h e co mpa n y 's p a p e r p r od u ct s a n d co u l d b a n kr u pt t h e co mpa n y b e ca u se o f f o r ei g n co mpe t i t io n . Br o o ke h i n te d th a t Co n n ie co u l d b e f i r e d if she p e r sist ed . Br o o ke sug g e ste d t h a t Co n n i e j u st be co n ce r n e d with a min i ma l sta n d a r d of e t h i cs. Wh i ch o f t h e f o l l o win g i s t h e

min i ma l sta n d a r d t ha t a b u sin e ss must me e t i n a co n sid e r a t io n o f b u sine ss e t h i cs?

Th e l e g a li t y o f a d e ci sio n i s t h e min i ma l sta n d ar d t h a t must b e me t i n a co n sid e r a ti o n o f b u sin e ss e t h i cs.

2 4. E n vi r o n me n t al Co n ce r n s. Co n n i e, t h e p r e side n t o f a compa n y t h a t ma ke s p a p e r , ha s a n e w i n t e re st in t h e e n vi r on me n t . Sh e r e ce n t l y we n t t o a se min a r o n e n vi ro n me n t al d a n ge r s a n d h a s d e ci d e d t o t a ke ste p s t o cl e a n t h i n g s u p . Sh e sta r te d a t h o me a n d wa s a l so co m mit t e d t o ch a n g e t h in g s a t wo r k. Co n n i e h a d t o f a ce t he f a ct t h a t h e r co mpa n y h a s b e e n ch e a t i n g an d i s n o t i n co mpl i a n ce wit h a p pli ca b l e e n vi r on me n t a l re g u lat i o n s d u e t o d u mpi ng i n a n e a r b y r i ve r. H e r co mpa n y h a s n e ve r b ee n ci t e d , h o we ve r , b e ca u se i t e mpl o y s a ve r y l a r g e n u mb e r o f p e o p le i n t h e co mmu n i t y , incl u d i n g t h e ma y or 's wif e a nd t h e ch i e f - of - po l i ce 's b r o the r . O n h e r missi o n t o cl e a n t h i n g s u p , Co n n i e ha s d e ci d e d t o g o eve n f u r t h e r th a n t he l a w r e qu i resand i n sta l l t he ve r y l a t e st e n vi ron me n t a l p r ot e ct i on s. Wh e n she a n n o u n ce d he r p l an , t he ch a i r o f t h e co mpa n y 's b o a r d o f d i re ct or s, Bro o ke , h a d a me e t i n g wit h Co n n ie . Br o o ke t o l d Co nn i e t o a n a l y ze t h e sit u a ti o n ca r e fu ll y b e ca u se t h e co st o f t h e ad d i t i on a l e qu i p me nt wo u l d me a n n o d i vi d e n d t o sha re h o ld e r s a nd n o r a i se f o r e mpl o ye e s. Fu r t h er mor e , Br o o ke t o l d Con n i e t ha t i n sta l li n g a ll t h e n e w e q u ipme n t wo u l d r e sul t i n h ig h e r p r i ce s f o r t h e co mpa n y 's p a p e r p r od u ct s a n d co u l d b a n kr u pt t h e co mpa n y b e ca u se o f f o r ei g n co mpe t i t io n . Br o o ke h i n te d th a t Co n n ie co u l d b e f i r e d if she p e r sist ed . Br o o ke sug g e ste d t h a t Co n n i e j u st be co n ce

r n e d with a min i ma l sta n d a r d of e t h i cs. Wh i ch o f t h e f o l l o win g wo u l d b e a sta ke h o l d er i n t h e co mpa n y ?

St a ke h o l d e r s o f a f i r m a r e th e ma n y g r o u p s o f p e op l e a f f e ct e d b y th e f i r m's d e ci sio n s.

A AC SB: E th ics A cces s ibility: K eyboard N avigation Bloom s : A pply Difficulty: 2 M edium Learn in g Objective: 02 -05 How c an w e us e th e W H f ram ew ork to m ake eth ical bu s in es s decis ion s ? Topic: Th e W H F ram ework for Bus in ess E th ics

25. E n vi r o n me n t al Co n ce r n s. Co n n i e, t h e p r e side n t o f a compa n y t h a t ma ke s p a p e r , ha s a n e w i n t e re st in t h e e n vi r on me n t . Sh e r e ce n t l y we n t t o a se min a r o n e n vi ro n me n t al d a n ge r s a n d h a s d e ci d e d t o t a ke ste p s t o cl e a n t h i n g s u p . Sh e sta r te d a t h o me a n d wa s a l so co m mit t e d t o ch a n g e t h in g s a t wo r k. Co n n i e h a d t o f a ce t he f a ct t h a t h e r co mpa n y h a s b e e n ch e a t i n g an d i s n o t i n co mpl i a n ce wit h a p pli ca b l e e n vi r on me n t a l re g u lat i o n s d u e t o d u mpi ng i n a n e a r b y r i ve r. H e r co mpa n y h a s n e ve r b ee n ci t e d , h o we ve r , b e ca u se i t e mpl o y s a ve r y l a r g e n u mb e r o f p e o p le i n t h e co mmu n i t y , incl u d i n g t h e ma y or 's wif e a nd t h e ch i e f - of - po l i ce 's b r o the r . O n h e r missi o n t o cl e a n t h i n g s u p , Co n n i e ha s d e ci d e d t o g o eve n f u r t h e r th a n t he l a w r e qu i resand i n sta l l t he ve r y l a t e st e n vi ron me n t a l p r ot e ct i on s. Wh e n she a n n o u n ce d he r p l an , t he ch a i r o f t h e co mpa n y 's b o a r d o f d i re ct or s, Bro o ke , h a d a me e t i n g wit h Co n n ie . Br o o ke t o l d Co nn i e t o a n a l y ze t h e sit u a ti o n ca r e fu ll y b e ca u se t h e co st o f t h e ad d i t i on a l e qu i p me nt wo u l d me a n n o d i vi d e n d t o sha re h o ld e r s a nd n o r a i se f o r e mpl o ye e s. Fu r t h er mor e , Br o o ke t o l d Con n i e t ha t i n sta l li n g a ll t h e n e w e q u ipme n t wo u l d r e sul t i n h ig h e r p r i ce s f o r t h e co mpa n y 's p a p e r p r od u ct s a n d co u l d b a n kr u pt t h e co mpa n y b e ca u se o f f o r ei g n co mpe t i t io n . Br o o ke h i n te d th a t Co n n ie co u l d b e f i r e d if she p e r sis t ed . Br o o ke sug g e ste d t h a t Co n n i e j u st be co n ce r n e d with a min i ma l sta n d a r d of e t h i cs. Co n n ie , h o we ve r , d e ci d e s t o

g o f o rwa r d wit h h e r p l an t o cl e a n t h i n g s u p u n d e r t he t h e or y t h at she wa n t s t o t r e at o t h e r s i n t he sa me ma n n e r t h a t she wa n t s t o b e t r e a te d . Un d e r Co n ni e 's t h eo r y , if she d i d n o t un d e r stan d t h e i mpo r ta n ce o f t h e en vi r o n me n t al i mpr o ve me n t s, she wo u l d wa n t t h e m t o b e t h r u st u po n h e r . Co n ni e 's i d e a i s b e st ref e r r ed t o a s .

A. t h e Go l d e n R u le B. t h e Di scl o sur e Pr i n ci p l e C. t h e H e l p Pe er s Te st D. t h e Sa r b a ne s - O xle y R u l e E. t h e Gr e e n h ou se R u l e Th e Go l d e n R u l e r ep r e se nt s t h e i d e a t h at we sho u l d i n te r a ct wit h o t h er p e o p le i n a ma n n e r co n sist e n t wit h t h e wa y we wo u l d l i ke t h e m t o i n t e ra ct wit h u s.

Essay Qu esti on s

26. E xp l a i n t he WH p r o ce ss o f e t h i ca l d e ci sio n - ma ki n g .

I n r e g ar d t o t h e WH f r a me wo r k, st u d e n t s sho u l d r e f e re n ce wh o i s i n vo l ve d , me a n i n g sta ke h o l d e r s ; t he p u r p o se de ci sio n s a r e ma d e , r e f er e n cin g va l u e s ; a n d h o w d e ci sion s a r e ma d e , r e f e re n ci n g e th i ca l g u i de l ine s such a s t h e Go l d e n R u l e .

A AC SB: E th ics Bloom s : Un ders

tan

Difficulty:

d 2

edium Learn in g Objective: 02 -05 How c an w e us e th e W H f ram ew ork to m ake eth ical bu s in es s decis ion s ? Topic: Th e W H F ram ework for Bus in ess E th ics

http://testbanklive.com/download/dynamic-business-law-the-essentials-3rdedition-kubasek-solutions-manual/ dynamic business law pdf dynamic business law kubasek dynamic business law the essentials pdf dynamic business law 2nd edition free pdf connect access card for dynamic business law 4th edition dynamic business law 4th edition ebook dynamic business law 2nd edition pdf download the entrepreneur's guide to business law