Social Responsibility of Business and Business Ethics Test

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Social Responsibility of Business and Business Ethics Test - 13

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Weekly Quiz Competition

Question 1
1 / -0

Ethical and unethical behaviours are determined by ________.

A
the individual

B
the culture

C
both the individual and the culture

D
neither the individual nor the culture.

Solution

Ethics commonly refers to a set of rules or principles that defines right and wrong conduct. Right or wrong behavior, though, may at times be difficult to determine. Most recognize that something illegal is also unethical.
Hence ethical an unethical behavior is determined by both individuals and culture.
Question 2
1 / -0

Ethics has been received from Greek word _________.

A
ethos

B
ethes

C
Eeths

D
Eethose

Solution

The term ethics is derived from the Greek word ethikos which itself is derived from the Greek word ethos, meaning custom or character.

In philosophy, ethical behavior is that which is “good.” The field of ethics or moral philosophy involves developing, defending, and recommending concepts of right and wrong behavior
Question 3
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In setting ethical standards, perhaps the most effective step that a company can take is to _________.

A
adopt a code of ethics

B
demonstrate top management support of ethical standards

C
engage employees in ethics training

D
take an accommodative stance

Solution

The top management is ultimately responsible for its firm’s success or failure, as well as for the ethical climate and practices of its company. As has been stated earlier the ethical tone of an organization is set at the top, the actions and attitudes of the board greatly influence the ethical climate of an organization. The directors on a company’s board assume legal responsibility for the firm’s resources and decisions. Board members have a fiduciary duty, i.e., a position of trust and confidence.
Due to globalization and the enhanced role of media and technology, the demand for accountability and transparency has increased greatly. This calls for ethical decision-making as well as ethical decision-making framework.
A code of ethics should reflect top managements’ desire for compliance with the values, rules, and policies that support an ethical climate. The development of a code of ethics should involve the President, Board of Directors, and Chief Executive Officers who should be implementing the code.
Legal staff should also ensure that the code has assessed key areas of risk correctly and that it provides buffers for potential legal problems.
Question 4
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Which statement is false?

A
Fewer and fewer companies are adopting codes of ethics.

B
More and more companies are adopting codes of ethics.

C
Some ethical responses can be learned through experience.

D
Social responsibility involves providing quality products and pricing products fairly.

Solution

Ethics or moral philosophy is a branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong conduct. The field of ethics, along with aesthetics, concern matters of value, and thus comprise the branch of philosophy so in today's dynamic environment every small medium or large companies are adopting codes of ethics.
Question 5
1 / -0

Select the issue that your text book identifies as a category of ethical issues to study.

A
Development of relations with employees

B
Fairness and honesty

C
Business relationships

D
All of the above

Solution

Development of relations with employees, fairness and honesty, business relationships all are ethical issues to study as they all are concerned with human behavior, culture and diversity.
Question 6
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____________ are beliefs about what is right and wrong or good or bad.

A
Mores

B
Motivators

C
Cultures

D
Ethics

Solution

Ethics is a conception of right or wrong conduct. Ethics tells us when our behavior is moral and when it is immoral. It deals with the fundamental human relationship, how we think and behave towards others and how we want them to think and behave towards us.
Ethics refers to well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues.
Question 7
1 / -0

Behaviour that conforms to individual beliefs and social norms about what is right and good is referred as _________.

A
collusion

B
social reaction

C
ethical

D
none of the above
Solution
Ethics, also called moral philosophy, is the discipline concerned with what is morally good and bad, right and wrong. The term is also applies to any system or theory of moral values or principles.
Ethics covers the following:
how to live a good life
our rights and responsibilities
the language of right and wrong
moral decisions - what is good and bad?
Question 8
1 / -0

Ethics has become important because of _________.

A
Globalization

B
Communication explosion

C
Both (a) & (b)

D
None of the above

Solution
Question 9
1 / -0

Ethics is a study of ________.

A
the kind of action a person should do

B
rules that define the course of actions

C
discussion of the right and wrong codes of conduct

D
all of the above

Solution

The term “ethics” is derived from the Greek word “ethos” which refers to character, guiding beliefs, standards and ideals that pervade a group, a community or people.
Ethics refers to well-founded standards of right and wrong that prescribe what humans ought to do, usually in terms of rights, obligations, benefits to society, fairness, or specific virtues.
It deals with the fundamental human relationship, how we think and behave towards others and how we want them to think and behave towards us.
Thus, ethics relates to the standards of conduct and moral judgments that differentiate right from wrong.
Question 10
1 / -0

Business ethics came into use in early _________.

A
$$1980s$$

B
$$1970s$$

C
$$1965s$$

D
$$1975s$$

Solution

The history of “business ethics” depends on how one defines it. Its current use originated in the United States and became widespread in the $$1970s$$.
The primary sense of the term refers to recent developments and to the period, since the early $$1970s$$, when the term 'business ethics' came into common use in the United States. Its origin in this sense is found in the academy, in academic writings and meetings, and in the development of a field of academic teaching, research and publication.

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Re-Attempt Weekly Quiz Competition

Social Responsibility of Business and Business Ethics Test - 13

Result

Social Responsibility of Business and Business Ethics Test - 13

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SHARING IS CARING

Question 1

the individual

the culture

both the individual and the culture

neither the individual nor the culture.

Solution

Question 2

ethos

ethes

Eeths

Eethose

Solution

Question 3

adopt a code of ethics

demonstrate top management support of ethical standards

engage employees in ethics training

take an accommodative stance

Solution

Question 4

Fewer and fewer companies are adopting codes of ethics.

More and more companies are adopting codes of ethics.

Some ethical responses can be learned through experience.

Social responsibility involves providing quality products and pricing products fairly.

Solution

Question 5

Development of relations with employees

Fairness and honesty

Business relationships

All of the above

Solution

Question 6

Mores

Motivators

Cultures

Ethics

Solution

Question 7

collusion

social reaction

ethical

none of the above

Solution

Question 8

Globalization

Communication explosion

Both (a) & (b)

None of the above

Solution

Question 9

the kind of action a person should do

rules that define the course of actions

discussion of the right and wrong codes of conduct

all of the above

Solution

Question 10

$$1980s$$

$$1970s$$

$$1965s$$

$$1975s$$

Solution

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