The saying “When in Rome, do as the Romans do” reflects a philosophy of _____.Selected Answer:d. ethical relativismAnswers: a. ethical imperialismb. ethical elitismc. ethical insensitivityd. ethical relativismQuestion 7 In a small business, the most important key to ethical performance is: Answers: a. a training program based on the code of ethics.b. the personal integrity of the founder or owner.c. a code of ethics.d. the amount of legislation affecting the organization.Question 8
Ethical issuesSelected Answer:d. are questions of right and wrong.Answers: a. seldom involve legal issues.b. are always clearly defined.c. often resolve themselves.d. are questions of right and wrong.Question 9 While unethical practices do exist, it is good that the great majority of small firms strive to achieve the highest standards of ____ in their quest for profits.Selected Answer:c. integrityAnswers: a. relativismb. synchronous behaviorc. integrityd. congruity
Question 10 Abner sometimes shorts the customer when weighing out bulk merchandise, believing the practice leads to higher profits so it is acceptable. We could infer thatSelected Answer:b. Abner lacks integrity.Answers: a. Abner is not an entrepreneur.b. Abner lacks integrity.c. Abner is skimming.d. Abner cheats on his taxes.Question 11 Because a firm has considerable discretion in reporting performance results, financial reports can sometimes be _____ without technically being illegal.Selected Answer:c. misleadingAnswers: a. inaccurateb. unreliablec.
misleadingd. bellicoseQuestion 12 A U.S. manager is upset with the company’s overseas representative for paying a small “access fee” toa local customs official to ensure the expedited release of a customer order. The manager’s belief such payments are wrong reflects a sense of _____.Selected Answer:d. ethical imperialismAnswers: a. ethical elitismb. cultural insensitivityc. cultural integrityd. ethical imperialismQuestion 13 Naked Sports Gear’s dedication to its customers, employees, and the environment is an example of:Selected Answer:Answers: a.
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