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| 1 | |
In 2002, the U.S. Congress passed the Sarbanes-Oxley Act to address the wave of corporate and financials scandals. |
| | A) | TRUE |
| | B) | FALSE |
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| 2 | |
Ethical behavior and an ethical reputation can provide a competitive advantage in the marketplace and with customers, suppliers, and employees. |
| | A) | TRUE |
| | B) | FALSE |
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| 3 | |
Consumer boycotts based on allegations of unethical conduct have targeted firms such as Nike, Gap, Shill and Wal-Mart. |
| | A) | TRUE |
| | B) | FALSE |
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| 4 | |
In 2004, Deloitte reported that 80% of directors of the top 4000 publicly traded companies believed that business ethics is an oxymoron. |
| | A) | TRUE |
| | B) | FALSE |
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| 5 | |
A company's core values are a description of what the company does and what it hopes to achieve in the future. |
| | A) | TRUE |
| | B) | FALSE |
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| 6 | |
Unlike Generally Accepted Accounting Principles (GAAP) for accountants, there are no principles, standards, concepts or values common to business ethics. |
| | A) | TRUE |
| | B) | FALSE |
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| 7 | |
The role of an ethics course should be to convey information to a passive audience, while treating students as passive learners. |
| | A) | TRUE |
| | B) | FALSE |
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| 8 | |
The unexamined life, according to Socrates, is not worth living. |
| | A) | TRUE |
| | B) | FALSE |
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| 9 | |
Business ethics is concerned more with reasoning than answers. |
| | A) | TRUE |
| | B) | FALSE |
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| 10 | |
If something is seriously wrong, the law will prohibit it. Consequently, it's enough to rely on the law for deciding what's right or wrong. |
| | A) | TRUE |
| | B) | FALSE |
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| 11 | |
Ethics and ethos are the same thing. |
| | A) | TRUE |
| | B) | FALSE |
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| 12 | |
The word "ethics" is derived from the Greek word "ethos," meaning customary or unconventional. |
| | A) | TRUE |
| | B) | FALSE |
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| 13 | |
The major reason to study ethics is that whether or not we examine the questions "what should I do?" or "what type of person should I be?" or "how shall we live in community?" we answer them in the course of living our everyday lives. |
| | A) | TRUE |
| | B) | FALSE |
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| 14 | |
Philosophical ethics distinguishes what people do value from what they should value. |
| | A) | TRUE |
| | B) | FALSE |
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| 15 | |
Gatekeepers are those people and institutions whose role is to provide checks to illegal and unethical behavior. |
| | A) | TRUE |
| | B) | FALSE |
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