Bus 475 quiz 3 week 3 - Question 1 Business executives are...

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Question 1 Business executives are finding that a trusting, ethical relationship with a business partner is: Selected Answer: Often essential in conducting business. Correct Answer: Often essential in conducting business. Question 2 A purchasing agent directing her company’s orders to a firm which she received a valuable gift, is an example of: Selected Answer: Conflict of interest. Correct Answer: Conflict of interest. Question 3 People everywhere depend on ethical systems to tell them whether their actions are: Selected Answer: Right or wrong. Correct Answer: Right or wrong. Question 4 People’s ethical beliefs come from: Selected Answer: Their religious background, family, and education. Correct Answer: Their religious background, family, and education.
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Question 5 Which of the following examples best illustrate an ethics issue based on cross-cultural contradictions? Selected Answer: Legally marketing a pesticide abroad that has been banned in the U.S. Correct Answer: Legally marketing a pesticide abroad that has been banned in the U.S. Question 6 The main drawback to utilitarian reasoning is that: Selected Answer: It is difficulty to accurately measure both costs and benefits. Correct Answer: It is difficulty to accurately measure both costs and benefits. Question 7 In a 2010 study of 400 companies, what percentage of firms said the benefits of the Sarbanes- Oxley Act outweighed its costs? Selected Answer: 70% Correct Answer: 70% Question 8 Under the Sarbanes-Oxley Act, corporations are required to: Selected Answer: Have executives vouch for the accuracy of a firm’s financial reports.
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