BUSA320 Chapter 6 Practice Quiz

BUSA320 Chapter 6 Practice Quiz - BUSA320 Chapter 6...

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BUSA320 Chapter 6 Practice Quiz According to the text, an ethical framework has four primary components: 1) duties, 2) rights, 3) standards of excellence, and 4) commitments. a. True b. False The community principle of ethics involves making decisions that you would be publicly proud of. a. True b. False The principles, values, and beliefs that are widely considered universal are referred to as the standard level of ethics. a. True b. False Escalation is an increase in an organizational behavior as a direct response to a competitor’s behavior. a. True b. False An externality is a cost (negative) or benefit (positive) that occurs within the direct exchange between an organization and its stakeholders. a. True b. False Ethics is as simple as “doing the right thing.” a. True b. False The first stage of moral development is called preconventional. a. True b. False Stakeholders can be either internal or external to the organization.
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