Homework Answers
1. True
2. False
3. True
4. True
As question is silent about requirements, straight answers were provided, However if student is required explanation for each question separately, I'm glad to provide the same.
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Question 1 5 pts The Sarbanes-Oxley Act was enacted to reduce the number of unethical business...
Conduct that is legal is ethically unquestionable. O a. True O b. False It can be...
Conduct that is legal is ethically unquestionable. O a. True O b. False It can be difficult to predict with certainty how a court will apply a given law to a particular action. O a. True O b. False The study of ethics goes no further than the requirements of the law to evaluate what is right for society, O a. True O b. False The effectiveness of an industry code of ethics is partly determined by the commitment of...
Question 9 5 pts Corporate social responsibility may increase a business's reputation or goodwill. O True...
Question 9 5 pts Corporate social responsibility may increase a business's reputation or goodwill. O True O False 5 pts Question 10 The first step in making an ethical decision is to understand the problem. True O False 5 pts D Question 11 Business ethics looks at whether business decisions o are right or wrong. O derive from well-known business principles. O follow legal doctrine. O align with corporate policy. D Question 12 5 pts Ethics focuses on how persons...
QUESTION 1 Chapter 1: Enduring beliefs that are socially enforced are known as .... O morals...
QUESTION 1 Chapter 1: Enduring beliefs that are socially enforced are known as .... O morals O business ethics O principles O values QUESTION 2 Chapter 1: Among industry sectors which score the lowest scores on public trust in the National Business Ethics Survey (NEBS) are: O automotive O telecommunications O banks and financial services O food and beverage QUESTION 3 Chapter 1: Studying business ethics will help you ... Obegin to identify ethical issues when they arise O recognize...
D Question 13 5 pts The National Association of Manufacturers (NAM) announces a new industry code...
D Question 13 5 pts The National Association of Manufacturers (NAM) announces a new industry code of ethics. The effectiveness of this code will be determined by o the relationship between the code and the law. O the success of the campaign publicizing the code. O the similarity of the code to the personal values of NAM's members. O the commitment of NAM's members to enforcing the code. Question 14 5 pts Ethical issues that a business manager is not...
Question 1 1 pts Which of the first ten amendments to the Constitution speaks directly to...
Question 1 1 pts Which of the first ten amendments to the Constitution speaks directly to the issue of federalism or the division of power between the states and the national government? First Fifth Ninth O Tenth Question 2 1 pts McCulloch v. Maryland (1819) is often remembered for The doctrine of "implied powers" The insistence that the Constitution be given a "strict construction" that would allow Congress to exercise only those powers expressly delegated to it The advocacy of...
Question 5 1 pts In a corporate (form) business entity the "agency problem" is described as...
Question 5 1 pts In a corporate (form) business entity the "agency problem" is described as the potential for conflict between two parties the principals (outside shareholders) and the company's customers O True False Question 6 2 pts . Which of the following are possible mechanisms applicable to large corporations that motivate managers to act in the best interests of the shareholders? O a. Managerial compensation (incentives) O b. Shareholder intervention c. Threat of a takeover by an outside entity...
Conduct that is legal is ethically unquestionable. O a. True O b. False It can be difficult to predict with certainty how a court will apply a given law to a particular action. O a. True O b. False The study of ethics goes no further than the requirements of the law to evaluate what is right for society, O a. True O b. False The effectiveness of an industry code of ethics is partly determined by the commitment of...
Question 9 5 pts Corporate social responsibility may increase a business's reputation or goodwill. O True O False 5 pts Question 10 The first step in making an ethical decision is to understand the problem. True O False 5 pts D Question 11 Business ethics looks at whether business decisions o are right or wrong. O derive from well-known business principles. O follow legal doctrine. O align with corporate policy. D Question 12 5 pts Ethics focuses on how persons...
QUESTION 1 Chapter 1: Enduring beliefs that are socially enforced are known as .... O morals O business ethics O principles O values QUESTION 2 Chapter 1: Among industry sectors which score the lowest scores on public trust in the National Business Ethics Survey (NEBS) are: O automotive O telecommunications O banks and financial services O food and beverage QUESTION 3 Chapter 1: Studying business ethics will help you ... Obegin to identify ethical issues when they arise O recognize...
D Question 13 5 pts The National Association of Manufacturers (NAM) announces a new industry code of ethics. The effectiveness of this code will be determined by o the relationship between the code and the law. O the success of the campaign publicizing the code. O the similarity of the code to the personal values of NAM's members. O the commitment of NAM's members to enforcing the code. Question 14 5 pts Ethical issues that a business manager is not...
Question 1 1 pts Which of the first ten amendments to the Constitution speaks directly to the issue of federalism or the division of power between the states and the national government? First Fifth Ninth O Tenth Question 2 1 pts McCulloch v. Maryland (1819) is often remembered for The doctrine of "implied powers" The insistence that the Constitution be given a "strict construction" that would allow Congress to exercise only those powers expressly delegated to it The advocacy of...
Question 5 1 pts In a corporate (form) business entity the "agency problem" is described as the potential for conflict between two parties the principals (outside shareholders) and the company's customers O True False Question 6 2 pts . Which of the following are possible mechanisms applicable to large corporations that motivate managers to act in the best interests of the shareholders? O a. Managerial compensation (incentives) O b. Shareholder intervention c. Threat of a takeover by an outside entity...
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