Sample Midterm 1

Sample Midterm 1 - Results Reporter Out of 20 questions you...

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Results Reporter Out of 20 questions, you answered 16 correctly, for a final grade of 80%. 16 correct (80%)  4 incorrect (20%)  0 unanswered (0%)  0 ungraded (0%)  Your Results: The correct answer for each question is indicated by a  1 CORRECT  The U.S. law regulating behavior regarding the conduct of international business  in taking bribes or other unethical actions is A) The Convention on Combating Bribery of Foreign Public Officials in  International Business Transactions B) The 1997 Ethical Practices Act C) The OECD Convention on Ethical Practices D) The Foreign Corrupt Practices Act E) The Paris Convention Against Corruption and Bribery 2 INCORRECT  The concept that refers to the notion that business people should consider the  social consequences of economic actions when making business decisions, and  that there should be a presumption in favor of decisions that have both good  economic and social consequences is known as A) social responsibility B) ethics C) ethical strategy D) ethical responsibility E) noblesse oblige 3 CORRECT  Ethical behavior is a function of all of the following except A) personal ethics B) organizational culture C) decision making processes D) leadership E) social strata
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4 CORRECT  The values and norms that are shared among employees of an organization are  referred to as A) organizational culture B) corporate culture C) corporate ethics D) business culture E) appropriate behavior 5 CORRECT  Which of the following is not a commonly discussed approach to business  ethics? A) the Friedman doctrine B) the straw men doctrine C) cultural relativism D) the righteous moralist E) the na ï ve immoralist 6 INCORRECT  According to _________, businesses should behave in an ethical manner and  not engage in deception and fraud.
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