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Test Bank For Business Ethics Ethical Decision Making Cases 12th Edition
Test Bank For Business Ethics Ethical Decision Making Cases 12th Edition
Test Bank For Business Ethics Ethical Decision Making Cases 12th Edition
4. A firm that makes use of a _____ recognizes other stakeholders beyond investors, employees, and suppliers, and
explicitly acknowledges the two-way dialog that exists between a firm's internal and external environments.
a. stakeholder model of socially responsible corporate governance
b. stakeholder bias
c. code of ethics
d. stakeholder interaction model
e. corporate interface model
ANSWER: d
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 32
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO: 2-1 - Identify stakeholders' roles in business ethics.
NATIONAL STANDARDS: United States - BUSPROG: Ethics
STATE STANDARDS: United States - None - DISC: Ethical Responsibilities - Ethical Responsibilities
KEYWORDS: Blooms: Comprehension
DATE CREATED: 11/10/2017 10:21 AM
DATE MODIFIED: 11/17/2017 7:55 AM
5. The degree to which a firm understands and addresses stakeholder demands can be referred to as
a. a stakeholder orientation.
b. a shareholder orientation.
c. the stakeholder interaction model.
d. a two-way street.
e. a continuum.
Copyright Cengage Learning. Powered by Cognero. Page 2
ANSWER: a
POINTS: 1
DIFFICULTY: Easy
REFERENCES: p. 33
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO: 2-1 - Identify stakeholders' roles in business ethics.
NATIONAL STANDARDS: United States - BUSPROG: Ethics
STATE STANDARDS: United States - None - DISC: Ethical Responsibilities - Ethical Responsibilities
KEYWORDS: Blooms: Knowledge
DATE CREATED: 11/10/2017 10:21 AM
DATE MODIFIED: 11/10/2017 10:21 AM
6. Which of the following industries tends to generate a high level of trust from consumers and stakeholders?
a. Insurance
b. Technology
c. Banks
d. Mortgage lenders
e. Financial services
ANSWER: b
POINTS: 1
DIFFICULTY: Moderate
REFERENCES: p. 31
QUESTION TYPE: Multiple Choice
HAS VARIABLES: False
LEARNING OBJECTIVES: LO: 2-1 - Identify stakeholders' roles in business ethics.
NATIONAL STANDARDS: United States - BUSPROG: Ethics
STATE STANDARDS: United States - None - DISC: Ethical Responsibilities - Ethical Responsibilities
KEYWORDS: Blooms: Knowledge
DATE CREATED: 11/10/2017 10:21 AM
DATE MODIFIED: 11/10/2017 10:21 AM
“True blue
And Mrs. Crewe”
and how shall we reach him save through the pages of history? It is
the foundation upon which are reared the superstructures of
sociology, psychology, philosophy and ethics. It is our clue to the
problems of the race. It is the gateway through which we glimpse the
noble and terrible things which have stirred the human soul.
A cultivated American poet has said that men of his craft “should
know history inside out, and take as much interest in the days of
Nebuchadnezzar as in the days of Pierpont Morgan.” This is a
spacious demand. The vast sweep of time is more than one man can
master, and the poet is absolved by the terms of his art from severe
study. He may know as much history as Matthew Arnold, or as little
as Herrick, who lived through great episodes, and did not seem to be
aware of them. But Mr. Benét is wise in recognizing the inspiration of
history, its emotional and imaginative appeal. New York and Pierpont
Morgan have their tale to tell; and so has the dark shadow of the
Babylonian conqueror, who was so feared that, while he lived, his
subjects dared not laugh; and when he died, and went to his
appointed place, the poor inmates of Hell trembled lest he had come
to rule over them in place of their master, Satan.
“The study of Plutarch and ancient historians,” says George
Trevelyan, “rekindled the breath of liberty and of civic virtue in
modern Europe.” The mental freedom of the Renaissance was the
gift of the long-ignored and reinstated classics, of a renewed and
generous belief in the vitality of human thought, the richness of
human experience. Apart from the intellectual precision which this
kind of knowledge confers, it is indirectly as useful as a knowledge of
mathematics or of chemistry. How shall one nation deal with another
in this heaving and turbulent world unless it knows something of
more importance than its neighbour’s numerical and financial
strength—namely, the type of men it breeds. This is what history
teaches, if it is studied carefully and candidly.
How did it happen that the Germans, so well informed on every
other point, wrought their own ruin because they failed to understand
the mental and moral make-up of Frenchmen, Englishmen and
Americans? What kind of histories did they have, and in what spirit
did they study them? The Scarborough raid proved them as ignorant
as children of England’s temper and reactions. The inhibitions
imposed upon the port of New York, and the semi-occasional ship