Management Ethics Study
Guide Questions
Course Introduction
Management Ethics explores the principles and frameworks necessary for making ethical decisions in organizational settings. This course examines the roles and responsibilities of managers in fostering ethical cultures, addresses the challenges of balancing stakeholder interests, and discusses issues such as corporate social responsibility, sustainability, and global ethical standards. Through case studies and real-world examples, students learn to identify ethical dilemmas, apply ethical theories, and implement strategies for responsible leadership and governance in diverse and dynamic organizational environments.
Recommended Textbook
Business Ethics Now 4th Edition by Andrew W. Ghillyer
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10 Chapters
1003 Verified Questions
1003 Flashcards
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Chapter 1: Understanding Ethics
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109 Verified Questions
109 Flashcards
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Sample Questions
Q1) The terms morals is applied to a society while the term values is used when referring to an individual.
A)True
B)False
Answer: False
Q2) A(n)_____ is just doing the right thing,and it is something most people can understand and support.
Answer: simple truth
Q3) Individuals acquire their personal moral standards in the same way that they learn the alphabet.
A)True
B)False
Answer: False
Q4) Which of the following scenarios exemplifies instrumental value?
A) Victoria possesses half a million in her bank account.
B) Eighty-year Mathew is in good health.
C) Cathy is always happy.
D) Fernando is upset with his poor SAT scores.
Answer: A
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Chapter 2: Defining Business Ethics
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) What are the perspectives from which business ethics can be approached?
Answer: Business ethics can be approached from two distinct perspectives: descriptive and normative. i)The descriptive perspective is a summation of the customs,attitudes,and rules that are observed within a business.It simply documents what is happening. ii)The normative (or prescriptive)perspective evaluates the degree to which the observed customs,attitudes,and rules can be said to be ethical.It is concerned with recommending what should be happening.
Q2) Over the last five decades,corporate ethics has shifted from the organizational mainstream into the domain of legal and human resource departments.
A)True
B)False
Answer: False
Q3) Corporate governance is the system by which businesses are directed and controlled.
A)True
B)False
Answer: True
Q4) _____ is the system that directs and controls business corporations.
Answer: Corporate governance
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Chapter 3: Organizational Ethics
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102 Verified Questions
102 Flashcards
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Sample Questions
Q1) Given that R&D teams do not interact directly with customers,the potential for ethical dilemmas is nonexistent.
A)True
B)False
Answer: False
Q2) According to the value chain of an organization,which of the following is classified as a primary activity?
A) Human resources management
B) General administration
C) Systems development
D) Sales and marketing
Answer: D
Q3) According to the value chain of an organization,which of the following is a support activity?
A) Operations
B) General administration
C) Distribution
D) Supply chain management
Answer: B
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Page 5
Chapter 4: Corporate Social Responsibility
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102 Verified Questions
102 Flashcards
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Sample Questions
Q1) The _____ to corporate management refers to the perspective that a corporation has an obligation to society over and above the expectations of its shareholders.
A) social contract approach
B) shareholder approach
C) free-enterprise approach
D) instrumental approach
Q2) Many companies' annual reports reflect a _____ approach that includes updates on their social and environmental activities in addition to their bottom-line financial performance.
Q3) In contrast to the alleged immorality of altruistic CSR,critics argue that strategic CSR is ethically commendable since these initiatives benefit stakeholders while meeting fiduciary obligations to the company's shareholders.
A)True
B)False
Q4) One of the newest and increasingly questionable practices in the world of corporate social responsibility (CSR)is the notion of making operations "_____" in such a way as to offset whatever damage is being done to the environment through greenhouse gas emissions by purchasing credits to balance out emissions.
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Chapter 5: Corporate Governance
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) The "comply or explain" guideline proved to be an effective deterrent to corporate financial scandals.
A)True
B)False
Q2) INSEAD,the European business school,offers the _____ principles of corporate governance.
Q3) _____ recommended a checklist of 22 questions to assess the quality of the board of directors in his Harvard Business Review article.
Q4) Which of the following is true of managers in an organization with good corporate governance?
A) Managers must be nominated by the compensation committee.
B) Managers should fulfill a fiduciary responsibility to the owners.
C) Managers must consider only the single bottom line of profitability.
D) Managers should follow an exclusive,rather than an internal,approach.
Q5) The Cadbury report focused on:
A) environmental equilibrium.
B) corporate social responsibility.
C) internal governance.
D) the triple bottom line.
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Chapter 6: The Role of Government
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103 Verified Questions
103 Flashcards
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Sample Questions
Q1) The Federal Sentencing Guidelines for Organizations table factors in both the nature of the crime and the amount of the loss suffered by the victim.
A)True
B)False
Q2) Grease payments are illegal under the Foreign Corrupt Practices Act.
A)True
B)False
Q3) Which of the following is true of the effective compliance program prescribed by Federal Sentencing Guidelines for Organizations?
A) A high-level official (such as a corporate ethics officer)must be in charge of and accountable for the compliance program.
B) Individuals should be granted excessive discretionary authority,as that would reduce the risk of criminal conduct.
C) Criminal offenses must generate an appropriate response,analysis,and corrective action,but not on the basis of suspicion.
D) An organization must be strict to address criminal misconduct in a consistent manner but should avoid penalizing employees for it.
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8
Chapter 7: Blowing the Whistle
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100 Flashcards
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Sample Questions
Q1) Under the federal Civil False Claims Act,whistle-blowers are referred to as "relators."
A)True
B)False
Q2) Whistle-blowing is ethical in situations where the company,through a product or decision,will cause serious and considerable harm to the public.
A)True
B)False
Q3) Which of the following is true of corporate whistle-blowing?
A) Corporate whistle-blowing is heavily discouraged by the Sarbanes-Oxley Act of 2002.
B) Corporate whistle-blowers are no longer protected by law from retaliatory behavior.
C) Corporate whistle-blowing has considerable potential for financial gain in some areas.
D) Corporate whistle-blowers are assured safety by the Whistleblower Protection Act.
Q4) What is a whistle-blower hotline? How can an organization ensure that it is effective?
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9
Chapter 8: Ethics and Technology
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100 Flashcards
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Sample Questions
Q1) According to the legal concept of cyberliability,employers can be held liable for the actions of their employees through Internet communications to the same degree as if they had written those communications on company letterhead.
A)True
B)False
Q2) Using a computer to appropriate the intellectual output of another person is an example of ethical employee behavior.
A)True
B)False
Q3) The legal concept of _____ holds employers liable for the actions of their employees through Internet communications to the same degree as if they had written those communications on company letterhead.
A) cyberliability
B) cybersquatting
C) hyper-networking
D) virtual-mirroring
Q4) The _____ argument and the recent availability of capable technology have been driving companies toward creating an Orwellian work environment.
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Page 10
Chapter 9: Ethics and Globalization
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100 Verified Questions
100 Flashcards
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Sample Questions
Q1) The OECD recommends:
A) actions that consider the greatest good for developed countries.
B) disclosure on all material matters regarding the corporation.
C) not investing money and effort in developed countries.
D) not investing money and effort in less-developed countries.
Q2) Which of the following is true of the OECD guidelines for multinational enterprises?
A) The guidelines act in opposition to the UN Global Compact.
B) The guidelines apply solely to local and regional trade blocs.
C) The guidelines carry no criminal or civil enforcement.
D) The guidelines are legally binding for American companies.
Q3) The principles and standards of organizational behavior set down by the UN Global Compact cover more issues than the OECD Guidelines for Multinational Enterprises.
A)True
B)False
Q4) Utilitarianism is a theory in ethics that advocates making choices that offer the greatest good for the greatest number of people.
A)True
B)False
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Chapter 10: Making It Stick: Doing Whats Right in a Competitive Market
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87 Verified Questions
87 Flashcards
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Sample Questions
Q1) A well-written code of ethics:
A) states policies for behavior in specific situations.
B) distinguishes between punishments for violations of ethics for different managerial levels.
C) establishes a detailed guide to acceptable behavior exclusively for external stakeholders.
D) documents rewards for selected top management employees on fulfillment of ethical policies.
Q2) The Ethics and Compliance Officers Association is a professional group of ethics and compliance officers with over 1,000 members.
A)True
B)False
Q3) Celebrating and rewarding the ethical behavior demonstrated by an organization's employees is the last stage in making ethical behavior sustainable for an organization.
A)True
B)False
Q4) What are the functions of a well-written code of ethics?
Q5) Differentiate between reactive and proactive ethical policies.
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