Test Bank for Business Ethics - 5e - Hartman - Chapter 01

In civil law, there is no room for ambiguity in applying the law because much of the law is established by past precedent.

Ethical theories are patterns of thinking, or methodologies, to help us decide what to do.

Which of the following represents the role of philosophical ethics in the field of business ethics?

Identify a true statement about the field of business ethics.

Which of the following is a goal of a business ethics class?

________ is a theory of human motivation that claims that all human actions are selfish and motivated by self-interest.

The ________ asserts that ordinary ethical standards should be kept separate from, and not be used to judge, business decisions because business has its own standards of good and bad.

In a general sense, anyone who affects or is affected by decisions made within a firm can be called a business ________.

Which of the following best describes a business stakeholder?

Which of the following best describes ethics?

Which of the following is an approach advocated while teaching ethics?

Philosophers often state that ethics is ________, which means that it focuses on people’s reasoning about how they should act.

Which of the following observations is true of ethics?

Social sciences such as psychology and sociology are different from ethics owing to the fact that they are ________.

________ seeks an account of the how and why people should act a certain way, rather than how they do act.

Which of the following is a factor that distinguishes social sciences, such as psychology and sociology, from ethics?

The ________ discipline provides an account of how and why people do act the way they do.

Individual codes of conduct based on one’s value structures regarding how one should live, how one should act, what one should do, and what kind of a person should one be is sometimes referred to as ________.

Morality is the aspect of ethics that we can refer to by the phrase ________.

Ethics refers to the applications of ________ on which people’s decisions are based.

Identify the area of ethics that raises questions about justice, law, civic virtues, and political philosophy.

The aspect of business ethics that examines business institutions from a social rather than an individual perspective is referred to as

________ establish the guidelines or standards for determining what one should do, how one should act, what type of person one should be.

Which of the following is a true statement about norms?

The crux of normative ethics is that these disciplines

Which of the following refers to an underlying belief that causes people to choose between plausible courses of action?

Which of the following is true about values?

________ are beliefs and principles that provide the ultimate guide to a company’s decision making.

Which of the following is a way of saying that a corporation has a set of identifiable values that establish the expectations for what is normal within the firm?

Ethics requires that the promotion of human welfare be done

Dramatic examples of tyrannical regimes in history demonstrate that

Telling organizations that their ethical responsibilities end with obedience to the law

The failure of personal ethics among companies like Enron and WorldCom led to the creation of the

Which of the following observations is true?

Which of the following is a true statement about the Americans with Disabilities Act (ADA)?

A process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called ________.

Practical reasoning is reasoning about

Reasoning about what should be done is known as ________ reasoning.

Theoretical reasoning is reasoning about

________ reasoning is reasoning about what we should believe.

Which of the following is the pursuit of the highest standard for what we should believe?

Which of the following is the great arbiter of truth according to the tradition of theoretical reason?

Which of the following can be thought of as the answer to the fundamental questions of theoretical reason?

A ________ is anyone affected, for better or for worse, by the decisions made within a particular firm.

________ is a theory of human motivation that claims that all human actions are selfish and motivated by self-interest.

The ________ asserts that ordinary ethical standards should be kept separate from, and not be used to judge, business decisions because business has its own standards of good and bad.

A process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called ________.

As a discipline, ________ deals with norms and standards of appropriate and proper (normal) behavior.

________ is the aspect of ethics that is referred to by the phrase “personal integrity.”

Normative disciplines presuppose some underlying ________.

Acts and decisions that seek to promote human welfare are based on ________.

The aspect of business integrity that focuses on examining business institutions from a collective rather than from an individual perspective falls under the area of ________.

________ reasoning is reasoning about what we should believe.

Explain how the study of ethics was viewed until recently, and what kind of shift in focus has occurred post the scandals.

Describe the advantages associated with ethical decision making.

Discuss the hesitation (that may be justified) associated with teaching ethics. Explain briefly how the authors of this text believe that ethics can be taught constructively in a class.