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Business Ethics Quiz 2

Posted on Posted in BUS466 Business Ethics
Course Business Ethics
Test Module 2 Quiz
   
   
Status Completed
Attempt Score 16 out of 20 points
Time Elapsed 30 minutes out of 30 minutes
Results Displayed Submitted Answers, Feedback
  • Question 1

2 out of 5 points

           According to the text, the opinions of society, as expressed through legislation, can change over time and different courts and government legislatures may take different views about the acceptability of specific business activities. Why is this so?

 
Selected Answer: In my opinion, the world is a dynamic place where the needs of different people and cultures change with changing times and needs, therefore there is always a need to bring changes to legislations when new needs arise. Different courts and government legislatures may take different views to the acceptability of specific business activities because human behavior is driven by multiple factors and different people have different personalities that are reflected in their attitudes. So different people might behave differently.
Response Feedback: [None Given]
  • Question 2

1 out of 1 points

Corporate espionage is an ethical issue encountered in the
Selected Answer: 4.

competitive dimension.
  • Question 3

1 out of 1 points

____ law not only prohibits specific actions such as fraud, theft, or securities trading violations, but also imposes fines or imprisonment as punishment for breaking the law.
Selected Answer: 5.

Criminal
  • Question 4

1 out of 1 points

Improving the quality of life, reducing government involvement, development of staff leadership skills, and building staff morale are benefits provided by the ____ dimension.
Selected Answer: 3.

philanthropic
  • Question 5

1 out of 1 points

The White-Collar Crime Penalty Enhancements Act of 2002
Selected Answer: 1.

doubled the maximum amount of jail time for mail and wire fraud.
  • Question 6

1 out of 1 points

The disposal of computer hardware is an ethical issue related to laws
Selected Answer: 1.

protecting the environment.
  • Question 7

1 out of 1 points

Some argue that the Sarbanes-Oxley Act
Selected Answer: 2.

is excessively complex and financially burdensome.
  • Question 8

4 out of 5 points

List three business problems, situations, or opportunities that you believe are ethical issues. Explain why
Selected Answer: 1. In my opinion, there are many companies that discriminate between their employs because of the color of their skin or their believe systems. This is a great business ethical issue even in the 21st century.

 

2. Companies might hide information from their customers or general public which they should not and hence an ethical problem may arise. For example a drug company might find that their drugs have side effects but they might not let the general public know about it and it could pose serious health issues to the public health.

 

3. Companies might have integrity issues where they treat their customers unjustly to maximize profits. This is an ethical issues needing greater attention to make a business successful in the long term.
Response Feedback: [None Given]
  • Question 9

1 out of 1 points

Which of the following is not a provision of the Sarbanes-Oxley Act?
Selected Answer: 3.

Discourages the creation of ethical and legal compliance programs
  • Question 10

1 out of 1 points

____ law defines the rights and duties of individuals and organizations (including businesses).
Selected Answer: 4.

Civil
  • Question 11

1 out of 1 points

Which is not one of the four sources of criminal and civil laws cited in your text?
Selected Answer: 4.

Zoological law
  • Question 12

1 out of 1 points

What is a primary reason why some communities resist the opening of large chain retailers like Walmart or Home Depot?
Selected Answer: 2.

Because large size creates economies of scale that all large retailers to charge lower prices than small businesses

 

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