Question 1
5 out of 5 points
The ______________________ was established after the latest
financial crisis, in response to a situation that caused many consumers to lose
their homes.
Protection Agency
Answers:
1.
Environmental Protection Agency
2.
World Bank
3.
Consumer Financial Protection Agency
4.
World Trade Organization
5.
Sarbanes-Oxley Act
Question 2
3 out of 3 points
Which of the following is not a provision of the Sarbanes-Oxley
Act?
creation of ethical and legal compliance programs
Answers:
1.
Strengthens penalties for corporate fraud
2.
Discourages the creation of ethical and legal compliance
programs
3.
Requires codes of ethics for financial reporting in corporations
4.
Makes fraudulent financial reporting a criminal offense
5.
Requires greater transparency in financial reporting
Question 3
3 out of 3 points
Which of the forces of the business environment involves the
rivalry among businesses for customers and profits?
dimension
Answers:
1.
The economic dimension
2.
The legal dimension
3.
The competitive dimension
4.
The technological dimension
5.
The voluntary responsibilities dimension
Question 4
3 out of 3 points
The ______________ regulates tobacco, dietary supplements,
vaccines, veterinary drugs, medical devises, cosmetics, products that give off
radiation, and biological products
1.
World Trade Organization
2.
Consumer Financial Protection Agency
3.
Department of Justice
4.
Environmental Protection Agency
5.
The Food and Drug Administration
Question 5
3 out of 3 points
Which of the following groups is not a group that receives
special legal protections?
1.
The elderly
2.
Children
3.
Senior Citizens
4.
The highly educated
5.
Young consumers
Question 6
3 out of 3 points
The _____________ was called “a sweeping overhaul of the
financial regulatory system…on a scale not seen since the reforms that
followed the Great Depression.”
1.
Equal Pay Act
2.
Americans with Disabilities Act
3.
Dodd-Frank Wall Street Reform and Consumer Protection Act
4.
Age Discrimination in Employment Act
5.
VII of the Civil Rights Act
Question 7
0 out of 3 points
In
____________ law defines the rights and duties of individuals
and organizations (including businesses).
1.
Civil
2.
Criminal
3.
Competitive
4.
Administrative
5.
Regulatory
Question 8
3 out of 3 points
Which of the following is not a provision of the Dodd-Frank Wall
Street Reform and Consumer Protection Act?
1.
Increases the accountability and transparency of financial
institutions
2.
Creates a bureau to educate consumers in financial literacy
3.
Creates an organization to pay the bills of low-income consumers
4.
Create incentives for whistle-blowers to come forward
5.
Increases oversight of the financial industry
Question 9
3 out of 3 points
___________ law not only prohibits specific actions in business
such as fraud, theft, or securities trading violations, but also imposes fines
or imprisonment as punishment for breaking the law.
1.
Civil
2.
Criminal
3.
Competitive
4.
Administrative
5.
Regulatory
Question 10
3 out of 3 points
_____ ties giving to a business overall strategy and
objectives.
1.
Social responsibility
2.
Business ethics
3.
Corporate philanthropy
4.
Strategic philanthropy
5.
Cause-related marketing
Question 11
3 out of 3 points
Anticompetitive strategies that focus on weakening or destroying
a competitor have spurred antitrust legislation and include all of the
following except
1.
sustained price cuts.
2.
free samples.
3.
discriminatory pricing.
4.
price wars.
5.
corporate espionage.
Question 12
3 out of 3 points
Which is not one of the four sources of criminal and civil laws?
1.
Judicial law
2.
Common law
3.
Constitutional law
4.
Administrative law
5.
Statutory law
Question 13
3 out of 3 points
The ___________ is an independent agency within the Federal
Reserve System that “regulate(s) the offering and provision of consumer
financial products or services under the federal consumer financial laws.
Consumer Financial Protection Agency
2.
Federal Resrve
3.
World Trade Organization
4.
Department of Justice
5.
Federal Trade Commission
Question 14
3 out of 3 points
The primary objective of U.S. antitrust laws is to
1.
protect consumers from high prices and foreign products
2.
protect domestic businesses
3.
protect employees
4.
promote strategies that enhance business welfare over consumer
welfare
5.
distinguish competitive strategies that enhance consumer welfare
from those that reduce it
Question 15
3 out of 3 points
_______ have been found to decrease unethical practices and
increase positive work behavior
Answers:
1.
High educational attainment levels
2.
High levels of community involvement
3.
Charismatic leaders
4.
Strong religious beliefs
5.
Good personal values
Question 16
3 out of 3 points
_______involves subordinates simply following the directives of
a superior without question. It demonstrates the influence that significant
others an exert in the workplace.
1.
Obedience to authority
2.
Locus of control
3.
Opportunity
4.
Transactional leadership
5.
Immediate job context
Question 17
2 out of 2 points
Multiple elements work on individuals to affect their behavior.
While an individual may intend to do the right thing, ___________can alter this
intent
1.
cognitive dissonance
2.
familial expectations
3.
religious beliefs
4.
the desire for financial gain
5.
organizational or social forces
Question 18
2 out of 2 points
A coaching leader builds a positive climate by
1.
valuing people, their emotions, and their needs
2.
focusing on communication across all layers of the organization
3.
inspiring employees to follow their departmental leaders without
question
4.
focusing on achievement, initiative, and self-control
5.
developing skills for success, delegating responsibility, and
issuing challenging assignments
Question 19
2 out of 2 points
If management fails to identify and educate employees about
ethical problems areas, ethical issues may not reach the critical
1.
awareness level
2.
aptitude level
3.
ethical level
4.
organizational level
5.
individual level
Question 20
2 out of 2 points
The __________ can be defined as a set of values, norms, and
artifacts, including ways of solving problems shared by members of an
organization
1.
corporate culture
2.
intentions of a corporate
3.
ethical issue awareness
4.
determination of a corporation
5.
individual factors
Question 21
2 out of 2 points
Which of the following would not be considered a negative
reinforcement of employee behavior?
1.
demotions
2.
firings
3.
ignoring the behavior
4.
reprimands
5.
pay penalties
Question 22
2 out of 2 points
Codes, rules, and compliance are essential in organizations.
However, an organization built on ____________ is more likely to develop a high
integrity corporate culture.
1.
a charismatic leader
2.
the preferences of the CEO
3.
the grapefine
4.
formal relationships
5.
inforal relationships
Question 23
2 out of 2 points
Which of the following types of leaders attempts to create
employee satisfaction through bartering or negotiating for desired behaviors or
level or performance?
1.
pacesetting leaders
2.
coercive leaders
3.
transactional leaders
4.
transformational leaders
5.
transmogrified leaders
Question 24
2 out of 2 points
Following the ethical directives of a superior relates to
1.
an internal locus of control
2.
obedience to authority
3.
moral intensity
4.
gender
5.
ethical issue intensity
Question 25
2 out of 2 points
Which of the following is not a habit of ethical leaders?
1.
They are primarily concerned with themselves.
2.
They are proactive
3.
They have a passion to do right.
4.
They are concerned with stakeholders’ interests.
5.
They are role models for organizational values.
Question 26
2 out of 2 points
Which of the following leadership types has a strong influence
on coworker support and building an ethical culture through increasing employee
commitment and fostering motivation?
Answers:
1.
Transformational leaders
2.
Transactional leaders
3.
Coercive leaders
4.
Pacesetting leaders
5.
Authoritative leaders
Question 27
2 out of 2 points
Which of the following is not considered a significant other
group in the workplace?
1.
Peers
2.
Managers
3.
Spouses
4.
Coworkers
5.
Subordinates
Question 28
0 out of 2 points
In
An individual who defines what is right by considering his/her
duty to society, not just to other specific people, is in which of Kohlberg’s
stages of cognitive moral development?
1.
Punishment and obedience
2.
Individual instrumental purpose and exchange
3.
Mutual interpersonal expectations, relationships, and conformity
4.
Social system and conscience maintenance
5.
Prior rights, social contract, or utility
Question 29
2 out of 2 points
Which is the last of Kohlberg’s stage of cognitive moral
development?
1.
Individual instrumental purpose and exchange
2.
Need achievement
3.
Social system and conscience maintenace
4.
Punishment and obedience
5.
Universal ethical principles
Question 30
2 out of 2 points
A person who offers facilitation payment in order to secure a
contract that will keep his/her company from going bankrupt and laying off
hundreds of employees may be a(n)
1.
egoist
2.
teleologist
3.
utilitarian
4.
relativist
5.
humanitarian
Question 31
0 out of 2 points
In
Which moral philosophy evaluates the morality of an action on
the basis of its conformity to general moral principles and respect for
individual rights?
1.
The relativist perspective
2.
Act utilitariasism
3.
Rule utilitarianism
4.
Act deontology
5.
Rule deontology
Question 32
0 out of 2 points
In
____________ is considered the father of free market capitalism.
He believed that business was and should be guided by the morals of good men.
1.
John Maynard Keynes
2.
Henry Kissinger
3.
George Washington
4.
Adam Smith
5.
Lawrence Kohlberg
Question 33
0 out of 2 points
In
____________ believe that no one thing is intrinsically good
1.
Hedonists
2.
Pluralists
3.
Relativists
4.
Deontologists
5.
Teleologists
Question 34
2 out of 2 points
Kant’s categorical imperative and the Golden Rule are examples
of which moral philosophy?
1.
Teleology
2.
Deontology
3.
The relativist perspective
4.
Egoism
5.
Utilitarianism
Question 35
0 out of 2 points
In
A marketing manager who orders that a manufacturing plan be
refitted to make it safer for workers, no matter what the cost, may be a(n)
_______ because he believes in the rights of all individuals.
1.
egoist
2.
utilitarian
3.
deontologist
4.
relativist
5.
hedonist
Question 36
4 out of 4 points
What is white collar crime and why has it become such a
widespread problem?
Question 37
4 out of 4 points
Compare and contract the two teleological philosophies:egoism
and utilitarianism? Include a discussion of the bases that each type uses to
evaluate the morality of activities?
Question 38
4 out of 4 points
Explain how the levels of Kohlberg’s model of cognitive moral
development may influence a person’s perception and response to an ethical
issue?
Question 15 out of 5 pointsThe ______________________ was established after the latest
financial crisis, in response to a situation that caused many consumers to lose
their homes.Protection AgencyAnswers:1.Environmental Protection Agency2.World Bank3.Consumer Financial Protection Agency4.World Trade Organization5.Sarbanes-Oxley ActQuestion 23 out of 3 pointsWhich of the following is not a provision of the Sarbanes-Oxley
Act?creation of ethical and legal compliance programsAnswers:1.Strengthens penalties for corporate fraud2.Discourages the creation of ethical and legal compliance
programs3.Requires codes of ethics for financial reporting in corporations4.Makes fraudulent financial reporting a criminal offense5.Requires greater transparency in financial reportingQuestion 33 out of 3 pointsWhich of the forces of the business environment involves the
rivalry among businesses for customers and profits?dimensionAnswers:1.The economic dimension2.The legal dimension3.The competitive dimension4.The technological dimension5.The voluntary responsibilities dimensionQuestion 43 out of 3 pointsThe ______________ regulates tobacco, dietary supplements,
vaccines, veterinary drugs, medical devises, cosmetics, products that give off
radiation, and biological products1.World Trade Organization2.Consumer Financial Protection Agency3.Department of Justice4.Environmental Protection Agency5.The Food and Drug AdministrationQuestion 53 out of 3 pointsWhich of the following groups is not a group that receives
special legal protections?1.The elderly2.Children3.Senior Citizens4.The highly educated5.Young consumersQuestion 63 out of 3 pointsThe _____________ was called “a sweeping overhaul of the
financial regulatory system…on a scale not seen since the reforms that
followed the Great Depression.”1.Equal Pay Act2.Americans with Disabilities Act3.Dodd-Frank Wall Street Reform and Consumer Protection Act4.Age Discrimination in Employment Act5.VII of the Civil Rights ActQuestion 70 out of 3 pointsIn____________ law defines the rights and duties of individuals
and organizations (including businesses).1.Civil2.Criminal3.Competitive4.Administrative5.RegulatoryQuestion 83 out of 3 pointsWhich of the following is not a provision of the Dodd-Frank Wall
Street Reform and Consumer Protection Act?1.Increases the accountability and transparency of financial
institutions2.Creates a bureau to educate consumers in financial literacy3.Creates an organization to pay the bills of low-income consumers4.Create incentives for whistle-blowers to come forward5.Increases oversight of the financial industryQuestion 93 out of 3 points___________ law not only prohibits specific actions in business
such as fraud, theft, or securities trading violations, but also imposes fines
or imprisonment as punishment for breaking the law.1.Civil2.Criminal3.Competitive4.Administrative5.RegulatoryQuestion 103 out of 3 points_____ ties giving to a business overall strategy and
objectives.1.Social responsibility2.Business ethics3.Corporate philanthropy4.Strategic philanthropy5.Cause-related marketingQuestion 113 out of 3 pointsAnticompetitive strategies that focus on weakening or destroying
a competitor have spurred antitrust legislation and include all of the
following except1.sustained price cuts.2.free samples.3.discriminatory pricing.4.price wars.5.corporate espionage.Question 123 out of 3 pointsWhich is not one of the four sources of criminal and civil laws?1.Judicial law2.Common law3.Constitutional law4.Administrative law5.Statutory lawQuestion 133 out of 3 pointsThe ___________ is an independent agency within the Federal
Reserve System that “regulate(s) the offering and provision of consumer
financial products or services under the federal consumer financial laws.Consumer Financial Protection Agency2.Federal Resrve3.World Trade Organization4.Department of Justice5.Federal Trade CommissionQuestion 143 out of 3 pointsThe primary objective of U.S. antitrust laws is to1.protect consumers from high prices and foreign products2.protect domestic businesses3.protect employees4.promote strategies that enhance business welfare over consumer
welfare5.distinguish competitive strategies that enhance consumer welfare
from those that reduce itQuestion 153 out of 3 points_______ have been found to decrease unethical practices and
increase positive work behaviorAnswers:1.High educational attainment levels2.High levels of community involvement3.Charismatic leaders4.Strong religious beliefs5.Good personal valuesQuestion 163 out of 3 points_______involves subordinates simply following the directives of
a superior without question. It demonstrates the influence that significant
others an exert in the workplace.1.Obedience to authority2.Locus of control3.Opportunity4.Transactional leadership5.Immediate job contextQuestion 172 out of 2 pointsMultiple elements work on individuals to affect their behavior.
While an individual may intend to do the right thing, ___________can alter this
intent1.cognitive dissonance2.familial expectations3.religious beliefs4.the desire for financial gain5.organizational or social forcesQuestion 182 out of 2 pointsA coaching leader builds a positive climate by1.valuing people, their emotions, and their needs2.focusing on communication across all layers of the organization3.inspiring employees to follow their departmental leaders without
question4.focusing on achievement, initiative, and self-control5.developing skills for success, delegating responsibility, and
issuing challenging assignmentsQuestion 192 out of 2 pointsIf management fails to identify and educate employees about
ethical problems areas, ethical issues may not reach the critical1.awareness level2.aptitude level3.ethical level4.organizational level5.individual levelQuestion 202 out of 2 pointsThe __________ can be defined as a set of values, norms, and
artifacts, including ways of solving problems shared by members of an
organization1.corporate culture2.intentions of a corporate3.ethical issue awareness4.determination of a corporation5.individual factorsQuestion 212 out of 2 pointsWhich of the following would not be considered a negative
reinforcement of employee behavior?1.demotions2.firings3.ignoring the behavior4.reprimands5.pay penaltiesQuestion 222 out of 2 pointsCodes, rules, and compliance are essential in organizations.
However, an organization built on ____________ is more likely to develop a high
integrity corporate culture.1.a charismatic leader2.the preferences of the CEO3.the grapefine4.formal relationships5.inforal relationshipsQuestion 232 out of 2 pointsWhich of the following types of leaders attempts to create
employee satisfaction through bartering or negotiating for desired behaviors or
level or performance?1.pacesetting leaders2.coercive leaders3.transactional leaders4.transformational leaders5.transmogrified leadersQuestion 242 out of 2 pointsFollowing the ethical directives of a superior relates to1.an internal locus of control2.obedience to authority3.moral intensity4.gender5.ethical issue intensityQuestion 252 out of 2 pointsWhich of the following is not a habit of ethical leaders?1.They are primarily concerned with themselves.2.They are proactive3.They have a passion to do right.4.They are concerned with stakeholders’ interests.5.They are role models for organizational values.Question 262 out of 2 pointsWhich of the following leadership types has a strong influence
on coworker support and building an ethical culture through increasing employee
commitment and fostering motivation?Answers:1.Transformational leaders2.Transactional leaders3.Coercive leaders4.Pacesetting leaders5.Authoritative leadersQuestion 272 out of 2 pointsWhich of the following is not considered a significant other
group in the workplace?1.Peers2.Managers3.Spouses4.Coworkers5.SubordinatesQuestion 280 out of 2 pointsInAn individual who defines what is right by considering his/her
duty to society, not just to other specific people, is in which of Kohlberg’s
stages of cognitive moral development?1.Punishment and obedience2.Individual instrumental purpose and exchange3.Mutual interpersonal expectations, relationships, and conformity4.Social system and conscience maintenance5.Prior rights, social contract, or utilityQuestion 292 out of 2 pointsWhich is the last of Kohlberg’s stage of cognitive moral
development?1.Individual instrumental purpose and exchange2.Need achievement3.Social system and conscience maintenace4.Punishment and obedience5.Universal ethical principlesQuestion 302 out of 2 pointsA person who offers facilitation payment in order to secure a
contract that will keep his/her company from going bankrupt and laying off
hundreds of employees may be a(n)1.egoist2.teleologist3.utilitarian4.relativist5.humanitarianQuestion 310 out of 2 pointsInWhich moral philosophy evaluates the morality of an action on
the basis of its conformity to general moral principles and respect for
individual rights?1.The relativist perspective2.Act utilitariasism3.Rule utilitarianism4.Act deontology5.Rule deontologyQuestion 320 out of 2 pointsIn____________ is considered the father of free market capitalism.
He believed that business was and should be guided by the morals of good men.1.John Maynard Keynes2.Henry Kissinger3.George Washington4.Adam Smith5.Lawrence KohlbergQuestion 330 out of 2 pointsIn____________ believe that no one thing is intrinsically good1.Hedonists2.Pluralists3.Relativists4.Deontologists5.TeleologistsQuestion 342 out of 2 pointsKant’s categorical imperative and the Golden Rule are examples
of which moral philosophy?1.Teleology2.Deontology3.The relativist perspective4.Egoism5.UtilitarianismQuestion 350 out of 2 pointsInA marketing manager who orders that a manufacturing plan be
refitted to make it safer for workers, no matter what the cost, may be a(n)
_______ because he believes in the rights of all individuals.1.egoist2.utilitarian3.deontologist4.relativist5.hedonistQuestion 364 out of 4 pointsWhat is white collar crime and why has it become such a
widespread problem?Question 374 out of 4 pointsCompare and contract the two teleological philosophies:egoism
and utilitarianism? Include a discussion of the bases that each type uses to
evaluate the morality of activities?Question 384 out of 4 pointsExplain how the levels of Kohlberg’s model of cognitive moral
development may influence a person’s perception and response to an ethical
issue?
