Q&A Hero

Business Ethics

Q: Procedural justice describes how allocation decisions are made, whereas interactional justice describes how individuals perceive their treatment by authority figures.
Q: The AICPA leaves Code of Conduct as an optional element to professional practice so that accountants have more flexibility with their practice.
Q: Employees should be viewed as one of an organizations resources like raw materials and money.
Q: In the United States, employers are generally allowed to fire individuals without providing specific reasons.
Q: It is always possible to avoid doing harm when making human resource decisions.
Q: Interactional justice is particularly important when selecting employees.
Q: All managers carry out some human resource functions.
Q: According to the mutuality principle, marketers are obligated to sell products for the lowest price possible.
Q: Placement describes where a product or service gets located in the marketplace.
Q: The term that refers to when individuals perceive their treatment by authority figures is called ______ justice. a. procedural b. interactional c. organizational d. true
Q: While many employers usually choose to give reason for any employment termination, Pete was fired without any given reason. This is an example of ______. a. employment at will b. just cause doctrine c. discrimination d. marketable opportunity
Q: Principle ______ of accounting from the AICPA states that all professional accountants are obligated to follow the AICPA principles in all activities. a. 3: integrity b. 4: objectivity and independence c. 5: due care d. 6: scope and nature of services
Q: Principle ______ of accounting from the AICPA communicates that a member should strive to continually improve competence and quality service. a. 3: integrity b. 4: objectivity and independence c. 5: due care d. 6: scope and nature of services
Q: Principle ______ of accounting from the AICPA addresses the standard that professionals should serve the public, honor the public trust, and demonstrate professionalism. a. 1: responsibilities b. 2: serve the public interest c. 3: integrity d. 4: objectivity and independence
Q: Which form of finance is concerned with a companys raising and spending of capital? a. personal finance b. corporate finance c. public finance d. financial markets
Q: What is the term used to communicate where stocks, bonds, and other financial instruments are traded? a. personal finance b. corporate finance c. public finance d. financial markets
Q: Which form of finance is concerned with how individuals invest and spend their money? a. personal finance b. corporate finance c. public finance d. financial markets
Q: Which form of finance is concerned with government taxation, borrowing, and spending? a. personal finance b. corporate finance c. public finance d. financial markets
Q: The principle of ______ encourages marketers to take extraordinary care when selling to vulnerable community members like children, the elderly, the poor, or individuals with mental health challenges. a. nondeception b. nonmalfeasance c. protecting vulnerable market segments d. distributive justice
Q: The principle of ______ urges marketers to serve the common good and seek social duties. a. stewardship b. nonmalfeasance c. protecting vulnerable market segments d. distributive justice
Q: The principle of ______ promotes an obligation to fair practices for all market segments. a. stewardship b. nonmalfeasance c. protecting vulnerable market segments d. distributive justice
Q: The principle of ______ is based on the notion that marketers should do no major harm to consumers. a. nondeception b. nonmalfeasance c. protecting vulnerable market segments d. distributive justice
Q: An appliance salesman sells a customer an extended warranty for a microwave. The salesman indicates the warranty would be serviced by his company. When the microwave breaks down, the service department claims they are unable to fix the microwave because the extended warranty does not cover normal wear and tear. The company appears to be engaging in the unethical influence sin of ______. a. coercion b. manipulation c. neglect d. denigration
Q: A non-profit organization shows picture after picture of abused animals on a television commercial around the holidays to hopefully increase donations. The organization might appear to be engaging in the unethical influence sin of ______. a. coercion b. manipulation c. deception d. denigration
Q: A toothpaste commercial claims that 4 out of every 5 dentists would recommend their toothpaste but provides no research data to support this assertion. The toothpaste company appears to be engaging in the unethical influence sin of ______. a. coercion b. manipulation c. deception d. denigration
Q: You sign up for an online newsletter with a grocery store by providing your email address. The grocery store sells your email address to another company. The grocery store appears to be engaging in the unethical influence sin of ______. a. coercion b. manipulation c. neglect d. intrusion
Q: Who was the Nigerian business professor who has been the primary voice of the Mutuality Principle? a. Juan Manuel Elegido b. Thierry Nadisic c. John Rawls d. Michael Shaub
Q: A popular hamburger chain uses scantily clad women in their television commercials to sell hamburgers. The hamburger chain appears to be engaging in the unethical influence sin of ______. a. neglect b. manipulation c. deception d. denigration
Q: AMA stands for ______. a. American Marketers Association b. American Marquee Association c. Anonymous Marketers Association d. American Marketing Association
Q: Bullying employees violates which form of organizational justice? a. distributive b. interactional c. procedural d. institutional
Q: The Fraud Triangle consists of motivation, opportunity, and ______. a. accomplices b. foresight c. justification d. intelligence
Q: Financial professionals who are overconfident fall victim to which fallacy? a. fallacy of unrealistic optimism b. fallacy of omnipotence c. fallacy of invulnerability d. none of these
Q: What type of justice is MOST important in the hiring process? a. procedural b. distributive c. interactional d. none of these
Q: According to the Society for Human Resource Management (SHRM), HR professionals should continually improve their skills and knowledge. This describes which guideline? a. ethical leadership b. professional responsibility c. professional development d. fairness and justice
Q: Learning to live with the outcomes of harmful decisions is part of which ethical standard? a. enhance the dignity of those harmed by the action b. advance the organizations objective c. sustain the moral sensibility of those executing morally ambiguous tasks d. serve the greater good
Q: Helping employees who have been hurt by a human resource decision is part of which ethical standard? a. advance the organizations objective b. enhance the dignity of those harmed by the action c. strive to do no damage d. sustain the moral sensibility of those executing morally ambiguous tasks
Q: Which type of justice describes how organizations decide how to allocate resources? a. interactional b. distributive c. procedural d. integrative
Q: Which moral hazard of human resource management treats employees like inanimate objects or impersonal goods? a. regarding employees as mere commodities b. exploitation c. defining people in economic terms d. carelessness when it comes to safety
Q: Elaine sells time shares. She lets her customer know all about how wonderful the time share is and walks them through a newly renovated unit telling the customer the unit is like the unit available for the specific time share the customer would be purchasing. Whenever the customer asks about the cost of the time share, Elaine changes the question. Elaine appears to be engaging in the unethical influence sin of ______. a. coercion b. manipulation c. deception d. denigration
Q: Striving for excellence reflects which AICPA professional standard? a. scope and nature of services b. objectivity and independence c. serve the public interest d. due care
Q: Israel has a reputation for putting the needs of his clients above his need to make money. He demonstrates which AICAPA professional standard? a. responsibilities b. serve the public interest c. integrity d. due care
Q: A company that doesnt pay employees for hours they work overtime is falling victim to which moral hazard? a. defining people in economic terms b. treating employees as commodities c. exploitation d. neglect
Q: Objectivity and transparency are elements of which financial value? a. dont be stupid b. tell the truth c. find fraud and expose liars d. temper optimism
Q: Professional ______ describes the inclination to question financial statements. a. skepticism b. cynicism c. pride d. discernment
Q: The principle dont be stupid addresses the importance of ______. a. truth telling in accounting and finance b. finding fraud c. conforming to accounting norms d. avoiding self-centeredness
Q: Identify the sin of unethical influence that is characterized by not providing services expected of a competent marketer. a. coercion b. manipulation c. neglect d. encouraging overindulgence
Q: Identify the sin of unethical influence that is characterized by cheapening the inherent worth of people or things. a. denigration b. manipulation c. deception d. intrusion
Q: Identify the sin of unethical influence that is characterized by promoting consumption that goes beyond what is beneficial for the consumer physically, emotionally, or financially. a. intrusion b. manipulation c. deception d. encouraging overindulgence
Q: Identify the sin of unethical influence that is characterized by using deception to convince the consumer to select an outcome he or she would not have chosen otherwise. a. coercion b. manipulation c. intrusion d. denigration
Q: A company charged with bribing a supermarket to put its products at the end of an aisle has an ethical issue with ______. a. product b. placement c. promotion d. price
Q: Ethical issues related to advertising and product placement are related to which element of marketing? a. product b. price c. place d. promotion
Q: Identify the sin of unethical influence that is characterized by pressuring consumers into doing something against their will. a. coercion b. manipulation c. deception d. denigration
Q: Giving members a voice in the policies, procedures, and rules is an example of ______ approach to human resource management? a. a justice b. a Kantian c. distributive d. ethical codes
Q: Identify the sin of unethical influence that is characterized by encouraging consumers to believe something that is not true. a. coercion b. manipulation c. deception d. denigration
Q: If an organization chooses to provide a minimum level of benefits for its employees and prefers to allocate resources fairly, this is an example of ______. a. distributive justice b. procedural justice c. interactional justice d. all of these
Q: When an organization likes to involve its key stakeholders in the decision-making process, this is called ______. a. distributive justice b. procedural justice c. interactional justice d. all of these
Q: An organization wants to treat its members with dignity and respect. This would be an example of ______. a. distributive justice b. procedural justice c. interactional justice d. all of these
Q: Illustrate how one can reduce the ever present risk of moral failure within an organization providing examples.
Q: Describe the positive consequences of amplifying in a virtuous organization providing examples for each consequence.
Q: What role do boards of directors play in creating ethical organizations? What steps should boards take to increase their effectiveness?
Q: Has the ethics training you have received on the job been effective? Why or why not?
Q: Evaluate your socialization into an organization from an ethical standpoint. What suggestions would you make to improve the process?
Q: What organizational story in your organization would you change? Why? How would you change it?
Q: Tell an organizational story (from your organization or one youve heard about from another organization). What ethical message does this narrative send?
Q: Describe a new ritual for your organization that could improve the groups ethical culture.
Q: Evaluate the formal ethics training program at your organization.
Q: Provide an example of each type of ritual in your organization. Identify the ethical messages communicated by these routines.
Q: Evaluate the ethical impact of your organizations performance evaluation and reward system.
Q: As a consultant, what advice would you give an organization developing its first code of ethics?
Q: Compare and contrast ethically decoupled and ethically transformed organizations.
Q: What does it mean to make ethics matter?
Q: As it relates to organizational virtues, ______ describes how high organizational character protects organizations from the negative effects of trauma and stress.
Q: Name and explain the types of ethical climates.
Q: Outline suggestions for dealing with stories that encourage unethical behavior.
Q: List six areas typically addressed by codes of ethics.
Q: Why are empowered employees more likely to make ethical decisions?
Q: Why is it important to take a systematic approach to changing ethical culture?
Q: Explain the negative impacts of anomie.
Q: What advice would you give a new organizational board member?
Q: Explain how organizational structure can encourage unethical behavior.
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