BU360 Lesson 3 Exam SCORE 90 PERCENT

Question 1

Ethics policies typically cover all of the following issues EXCEPT:

Question options:

	developing guidelines for accepting or refusing gifts from suppliers.
	encouraging discriminatory personnel policies.
	avoiding conflict of interest.
	maintaining the security of proprietary information.
Question 2

Which U.S. Act provides executives representing U.S.-based companies from paying bribes to foreign government officials, political parties, or political candidates?

Question options:

	USA Patriot Act
	U.K. Bribery Act
	Corruption of Foreign Officials Act
	U.S. Foreign Corrupt Practices Act
Question 3

All of the following values are present in most ethical decisions, EXCEPT:

Question options:

	be fair and just.
	be kind.
	act responsibly.
	be honest.
Question 4

Under the Sarbanes-Oxley Act, corporations are required to:

Question options:

	have executives vouch for the accuracy of a firm's financial reports.
	have their audit committee comprised of only one executive.
	collect reimbursements from the U.S. government if financial restatements occur.
	have stockholders vouch for the accuracy of a firm's financial reports.
Question 5

At the core of rights reasoning is the belief that:

Question options:

	the company's right to a profit must be protected.
	respecting others is the essence of human rights.
	the right to join a union is no longer universally accepted.
	economic and political powers determine who is right.
Question 6

Cross-cultural contradictions arise due to:

Question options:

	the emergence of a developing country's economic power.
	religious differences adhered to by business executives.
	differences between home and host countries ethical standards.
	differences between different languages that may lead to misunderstandings.
Question 7

Regarding the U.K. Bribery Act, which of these statements is TRUE?

Question options:

	It provides an exemption for "facilitating payments."
	It contains a strict liability offense for failure to prevent bribery by commercial organizations.
	It prohibits bribery only for government officials.
	It requires that improper actions be made "corruptly."
Question 8

A recent study found that, compared with the 1980s, managers today place what importance on moral values, such as honesty and forgiveness?

Question options:

	less importance
	about the same importance
	slightly more importance
	triple the importance
Question 9

A bottom-line mentality in business is best reflected in which statement?

Question options:

	"I want it."
	"We have to beat the others at all costs."
	"Help yourself and those closest to you."
	"Foreigners have a funny notion of what's right and wrong."
Question 10

Integrity-based ethics programs:

Question options:

	seek to avoid legal sanctions.
	combine concern for the law with an emphasis on employee responsibility.
	threatens employees with punishment for non-compliance with the ethics program.
	are predominately implemented within the European Union.
Question 11

According to a 2013 opinion poll, Americans hold a dim view of:

Question options:

	nurses.
	the Supreme Court.
	churches.
	business executives.
Question 12

A conception of right and wrong is:

Question options:

	impossible to know.
	based on stakeholder dialogue.
	determined by power.
	the definition of ethics.
Question 13

People everywhere depend on ethical systems to tell them whether or not their actions are:

Question options:

	legal or illegal.
	right or wrong.
	financially attainable or not.
	logical, practical, and reasonable.
Question 14

Business managers need a set of ethical guidelines to help them:

Question options:

	understand the changing customs throughout the world.
	justify the resolution which best helps themselves.
	identify and analyze the nature of any ethical problem.
	describe what's best for shareholders as opposed to customers.
Question 15

A purchasing agent directing her company's order to a firm from which she received a valuable gift is an example of:

Question options:

	conflict of interest.
	ethical relativism.
	moral relativism.
	egotism.
Question 16

Recipients of corporate ethics awards show that:

Question options:

	awards are based on economic power, not ethical performance.
	firms can be financially successful and ethically focused.
	being legally compliant results in receiving an ethics award.
	improving ethical performance is very costly but bolsters a firm's reputation.
Question 17

When the benefits of an action outweigh its costs, the action is considered ethically preferred according to:

Question options:

	utilitarian reasoning.
	virtue ethics.
	theological reasoning.
	Plato and Aristotle.
Question 18

If a manager approaches ethical issues with a self-centered approach, emphasis will be on:

Question options:

	integrity.
	social relationships.
	economic efficiency.
	laws.
Question 19

Which country recently enacted new laws to counter bribery and corruption?

Question options:

	Russia
	Somalia
	Brazil
	Argentina
Question 20

All of the following are considered to be ethical issues for marketing professionals, EXCEPT:

Question options:

	fostering trust in the marketing system.
	embracing ethical values.
	doing no harm.
	avoiding fair market stipulations.