ANS: B PTS: 1 DIF: Difficulty: Challenging REF: p. 37 OBJ: LO: 2-1 NAT: BUSPROG: Ethics TOP: Business Ethics Defined KEY: Evaluation 39. Business ethics a. is laws and regulations that govern business. b. is the application of standards to business situations. c. do not vary from one person to another. d. is most important for advertising agencies. e. is well-defined rules for appropriate business behavior. ANS: B PTS: 1 DIF: Difficulty: Easy REF: p. 37 OBJ: LO: 2-1 NAT: BUSPROG: Ethics TOP: Business Ethics Defined KEY: Bloom's: Knowledge 40. The study of the morality of choices made by people is known as a. ethics. b. business ethics. c. freedom of choice. d. moral aptitude. e. standard of behavior. ANS: A PTS: 1 DIF: Difficulty: Easy REF: p. 37 OBJ: LO: 2-1 NAT: BUSPROG: Ethics TOP: Business Ethics Defined KEY: Bloom's: Knowledge 41. Brant promised to repair Carolyn’s car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do? a. Try to repair the car even though he does not really know how. b. Try to repair the car so he can at least get his money’s worth out of it. c. Call Carolyn to inform her of the problem, and recommend a reputable repair shop. d. Fake an emergency and contact Carolyn on Monday. e. Stall for time to read up on car repairs so he can practice on Carolyn’s car. ANS: C PTS: 1 DIF: Difficulty: Challenging REF: p. 38 OBJ: LO: 2-2 NAT: BUSPROG: Ethics TOP: Ethical Issues KEY: Bloom's: Evaluation 42. Customers expect a firm’s products to a. boost sales. b. be profitable. c. earn a reasonable return on investment. d. be available everywhere. e. be safe, reliable, and reasonably priced.
ANS: B PTS: 1 DIF: Difficulty: Challenging REF: p. 37 OBJ: LO: 2-1 NAT: BUSPROG: Ethics TOP: Business Ethics Defined KEY: Evaluation 39. Business ethics a. is laws and regulations that govern business. b. is the application of standards to business situations. c. do not vary from one person to another. d. is most important for advertising agencies. e. is well-defined rules for appropriate business behavior. ANS: B PTS: 1 DIF: Difficulty: Easy REF: p. 37 OBJ: LO: 2-1 NAT: BUSPROG: Ethics TOP: Business Ethics Defined KEY: Bloom's: Knowledge 40. The study of the morality of choices made by people is known as a. ethics. b. business ethics. c. freedom of choice. d. moral aptitude. e. standard of behavior. ANS: A PTS: 1 DIF: Difficulty: Easy REF: p. 37 OBJ: LO: 2-1 NAT: BUSPROG: Ethics TOP: Business Ethics Defined KEY: Bloom's: Knowledge 41. Brant promised to repair Carolyn’s car on Thursday. After picking up the necessary part at a junkyard, he discovered he could not do the job after all and that the junkyard would not buy back the part. Carolyn does not know about these developments. However, she thinks Brant will be finished with her car sometime today. What should Brant do? a. Try to repair the car even though he does not really know how. b. Try to repair the car so he can at least get his money’s worth out of it. c. Call Carolyn to inform her of the problem, and recommend a reputable repair shop. d. Fake an emergency and contact Carolyn on Monday. e. Stall for time to read up on car repairs so he can practice on Carolyn’s car. ANS: C PTS: 1 DIF: Difficulty: Challenging REF: p. 38 OBJ: LO: 2-2 NAT: BUSPROG: Ethics TOP: Ethical Issues KEY: Bloom's: Evaluation 42. Customers expect a firm’s products to a. boost sales. b. be profitable. c. earn a reasonable return on investment. d. be available everywhere. e. be safe, reliable, and reasonably priced.
test-bank-business-12th-edition-pride.docx