Deck 8: The Role of Organizational Values

Question 1

Ivermectin is a drug that can treat_________ .

A) AIDS
B) River blindness
C) Leprosy
D) Typhus

Answer 1

River blindness

Question 2

Mutual confidence in certain rules of behavior typically is_________ .

A) implicit
B) skeptical
C) explicit
D) multinational

Answer 2

implicit

Question 3

A "public good" is_________ .

A) permanent
B) a demonstration of private property
C) government property
D) something we all generally benefit from

Answer 3

something we all generally benefit from

Question 4

Milton Friedman believed that each business's responsibility was to increase_________ .

A) money supply
B) product distribution
C) its profits
D) customer outreach

Question 5

Robert Frank draws parallels between_________ .

A) business practices and game theory
B) socialism and evolution
C) one-shot transactions and defections
D) cooperation and equilibrium

Question 6

Frank believes that the proper resolution of ethical dilemmas in business often involves _________.

A) direct compensation
B) antagonizing competitors
C) anonymous punishment
D) higher costs

Question 7

Lynn Sharp Paine believes businesses should foster climates that encourage_________ .

A) leniency
B) exemplary behavior
C) compliance-oriented behavior
D) patterned behavior

Question 8

In the early 1990's, employees of Sears Auto Centers_________ .

A) were not properly trained in the repair of autos
B) acted as independent contractors
C) faced pressures to produce higher sales
D) helped restore the company's image

Question 9

"If it's legal, it's ethical" is_________ .

A) always correct
B) always incorrect
C) an accurate slogan
D) a problematic slogan

Question 10

In integrity strategy, ethics is_________ .

A) a line of business
B) a driving force
C) often overlooked
D) disregarded by company leaders

Question 11

Companies must always deal with risks.

Question 12

Adam Smith recognized that business depends on exchanges.

Question 13

Business ethics can promote capitalist success.

Question 14

Piece rate payment is attractive especially when individual productivity cannot be measured.

Question 15

Distribution is a central concern of business ethics.

Question 16

Commitment requires honest parties.

Question 17

Quality assurance concerns exist between firms as well as between firms and consumers.

Question 18

Consulting firms should freely share confidential information among their clients.

Question 19

Organizations cannot affect an individual's behavior.

Question 20

Beech-Nut made a good business decision by passing off cheaper counterfeit liquid as apple juice.