Chapter 4.1 Business Ethics Question Preview (ID: 38867)


Business Ethics. TEACHERS: click here for quick copy question ID numbers.

Bribery occurs when gifts, money, or favors are offered
a) in lieu of wages
b) as bonuses to managers
c) instead of payment of taxes
d) to encourage business deals

All business have the same code of ethics
a) True
b) False
c)
d)

Decisions between self-interest and professional obligation.
a) integrity
b) conflict of interest
c) principle
d) ethics

Standards are moral principles by which people conduct themselves personally, socially, and professionally.
a) True
b) False
c)
d)

Rules based on moral principles about how businesses and employees should conduct themselves.
a) laws
b) personal ethics
c) business ethics
d) code of ethics

Set of guidelines for maintaining ethics in the workplace
a) business ethics
b) laws
c) code of ethics
d) moral principles

In some countries, excessive gift giving is considered ethical.
a) True
b) False
c)
d)

Most businesses tend to follw their industry's code of ethics.
a) True.
b) False. Each business follows their own.
c)
d)

What does OSHA stand for?
a) Occupational Site and Health Agency
b) Occupationals Safety and Honesty Administration
c) Occupational Safety and Health Agency
d) Occupational Safety and Health Administration

Business ethics focus on decisions considered good or bad, correct or incorrect.
a) True
b) False
c)
d)

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