Deck 3: Emerging Business Ethics Issues

Question 1

Ethical issues in business are defined by

A) customers.
B) government regulators.
C) employees.
D) shareholders.
E) stakeholders.

Answer 1

stakeholders.

Question 2

To avoid conflicts of interest, employees must

A) abide by their company's code of ethics.
B) be able to separate their private interests from their business dealings.
C) do what they see their peers do.
D) do everything their supervisors tell them to do.
E) obey the law.

Answer 2

be able to separate their private interests from their business dealings.

Question 3

Which of the following is likely not a pressure felt by accountants?

A) Accepting commissions
B) Religious value conflicts
C) Increased competition
D) Client pressure for altered opinions
E) Data overload

Answer 3

Religious value conflicts

Question 4

According to your text, which of the following represents the area where fraudulent activity is increasing the most rapidly?

A) Consumer fraud
B) Shoplifting
C) Direct selling
D) Direct marketing
E) The Internet

Question 5

Two dimensions related to consumer privacy involve

A) consumer awareness of information collection and lack of consumer control over use of collected information.
B) management awareness of information collection and a high level of consumer control over use of collected information.
C) consumer awareness of information collection and a high level of managerial control over use of collected information.
D) management awareness of information collection and lack of managerial control over use of collected information.
E) online marketing and website development.

Question 6

Which of the following statements is most correct?

A) Affirmative action programs require quotas to govern employment decisions.
B) Affirmative action programs have eliminated discrimination in employment.
C) Affirmative action programs are required by law.
D) Affirmative action programs involve efforts to recruit, hire, train, and promote qualified individuals from groups that have traditionally been discriminated against on the basis of race, gender, or other characteristics.
E) Affirmative action programs involve efforts to avoid recruiting, hiring, training, and promoting qualified individuals from groups that have traditionally been discriminated against on the basis of race, gender, or other characteristics.

Question 7

A clearly conveyed policy on workplace privacy should reduce the opportunity for

A) employee lawsuits and the resulting costs of such actions.
B) employer lawsuits and the resulting costs of such actions.
C) decreased employee productivity.
D) decreased employee performance.
E) monitoring of office resources for employees' personal use.

Question 8

____ is one ____ method of obtaining trade secrets.

A) Remote Hacking, illegal
B) Bribery, legal
C) System Hacking, legal
D) Researching press releases, illegal
E) None of these choices

Question 9

Bullying

A) can even occur between companies that are in intense competition.
B) is not as serious within the workplace as is believed.
C) always occurs within companies, not between them.
D) has been clearly defined by the court system.
E) should be handled very differently than discriminatory harassment complaints.

Question 10

A lie becomes unethical in business

A) solely based on the context.
B) solely based on intent.
C) when it is based on intent and context.
D) when it is a moral decision no matter if it is within business or not.
E) when it is based on beliefs and culture.

Question 11

Discuss how one goes about recognizing an ethical issue.

Question 12

List three business problems, situations, or opportunities that you believe are ethical issues. Explain why.

Question 13

Why do ethical issues related to honesty often arise in businesses?