Chap002 - Chapter 002 : Ethics and the Law Student: _ 1....

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Chapter 002 : Ethics and the Law Student: ___________________________________________________________________________ 1. The development of technology has introduced a burgeoning array of ethical questions. Ans: True BT: Knowledge PO: 1 2. Technological developments have created new ethical problems. Ans: True BT: Knowledge PO: 1 3. Ethics takes a more philosophical approach in determining what is good or bad. Ans: True BT: Knowledge PO: 2 4. Ethics concern behavior that is judged by society. Ans: False BT: Knowledge PO: 2 5. There is only one kind of value—individual value. Ans: False BT: Knowledge PO: 3
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6. Values can vary from one individual to another. Ans: True BT: Knowledge PO: 3 7. An individual's values are significantly influenced by those held in the groups to which he or she belongs. Ans: True BT: Knowledge PO: 3 8. Ethical issues are seldom multifaceted. Ans: False BT: Analysis PO: 4 9. Businesses concerned with ethics usually focus on their corporate responsibility and the development of codes of conduct. Ans: True BT: Knowledge PO: 5 10. Credo is a term that is used to describe unethical behavior. Ans: False BT: Knowledge PO: 5 11. A corporate code of ethics is a set of guidelines limited to corporate management. Ans: False BT: Knowledge PO: 5
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12. It is not possible for a code to make clear what a company expects of its personnel in terms of the ethical dimensions of corporate policies and actions. Ans: False BT: Knowledge PO: 5 13. Educational institutions have responded to the increased need to examine ethics by adding courses, workshops and programs, and have expanded the study of ethics in existing courses. Ans: True BT: Knowledge PO: 5 14. Trade associations are against developing guidelines for ethical business practices for their diverse memberships. Ans: False BT: Knowledge PO: 5 15. A whistleblower is one who calls attention to unpleasant conditions at the workplace. Ans: False BT: Knowledge PO: 6 16. The fact that the Enron and Arthur Andersen case dominated the media and resulted in numerous congressional investigations showed the widespread concern with: A. ethical behavior in business. B. the enforcement of law. C. the power of the government. D. the role of educational institutions in the field of ethics. 17. The Sarbanes-Oxley statute established a board to oversee accounting practices in (the): A. United States. B. Netherlands. C. United Kingdom. D. Australia.
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18. Ethical issues involving Internet and computer technology also have prompted people to consider ethical issues such as: A. privacy. B. governance. C. discrimination. D. apartheid. 19. Today's business professionals involved in global markets are sometimes faced with ethical predicaments, because of different: A. modes of transport. B. languages.
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Chap002 - Chapter 002 : Ethics and the Law Student: _ 1....

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