CH 3 QUESTIONS - BUS 204 Chapter 3Ethics & Social...

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1. Which of the following statements describes ethics? a. Ethics are the moral principles or values that generally govern the conduct of an individu- al. b. Ethics is the standard of behavior by which conduct is judged. c. Morals are a foundation for ethical behavior. d. Ethical values are situation specific and time oriented. e. All of the statements describe ethics. 2. _____ are the rules that people develop as a result of cultural values and norms. a. Virtues b. Ethics c. Socialization d. Conscience e. Morals 3. Like many other professional organizations and businesses, the American Marketing Association has developed a formal, written guideline to help its members make better ethical decisions. This docu- ment is a: a. behavioral practice b. moral ruling c. code of ethics d. direction of value e. principled regulation 4. _____ is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates. a.
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CH 3 QUESTIONS - BUS 204 Chapter 3Ethics & Social...

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