25.Whichof thefollowingisamajorethicalconcernamongcorporateboardsof directors? a.Compensation b.The non-traditionaldirectorshipapproach c.Dividendreporting d.Corporatesocialaudits e.Debtswaps a ANSWER: 1 POINTS: Easy DIFFICULTY: p.44, bonuses REFERENCES: p.46 p.48 2.5-Exploretheroleof corporategovernanceinstructuringethicsandsocial LEARNINGOBJECTIVES: responsibilityinbusiness. UnitedStates-BUSPROG:Ethics NATIONALSTANDARDS: UnitedStates- NONE- DISC:EthicalResponsibilities-EthicalResponsibilities STATESTANDARDS: Blooms:Knowledge KEYWORDS: 26.OnepolicytoaddresstheissueofexecutivepaywasimplementedbyJ.P.Morgan,itstatedthat a.thereshouldbe no limiton whattopexecutivescanearn. b.managersshouldearnnomorethantwentytimesthepayofotheremployees. c.topmanagersshouldmakethesameamountasotheremployees. d.employeescandeterminehowmuchmanagersmake. e.thegovernmentshoulddeterminetheworthofeachmanager’sservice. b ANSWER: 1 POINTS: Moderate DIFFICULTY: p.48 REFERENCES: 2.5-Exploretheroleof corporategovernanceinstructuringethicsandsocial LEARNINGOBJECTIVES: responsibilityinbusiness. UnitedStates-BUSPROG:Ethics NATIONALSTANDARDS: UnitedStates- NONE- DISC:EthicalResponsibilities-EthicalResponsibilities STATESTANDARDS: Blooms:Knowledge KEYWORDS:
25.Whichof thefollowingisamajorethicalconcernamongcorporateboardsof directors? a.Compensation b.The non-traditionaldirectorshipapproach c.Dividendreporting d.Corporatesocialaudits e.Debtswaps ANSWER: a POINTS: 1 DIFFICULTY: Easy REFERENCES: p.44, bonuses p.46 p.48 LEARNINGOBJECTIVES: 2.5-Exploretheroleof corporategovernanceinstructuringethicsandsocial responsibilityinbusiness. NATIONALSTANDARDS: UnitedStates-BUSPROG:Ethics STATESTANDARDS: UnitedStates- NONE- DISC:EthicalResponsibilities-EthicalResponsibilities KEYWORDS: Blooms:Knowledge 26.OnepolicytoaddresstheissueofexecutivepaywasimplementedbyJ.P.Morgan,itstatedthat a.thereshouldbe no limiton whattopexecutivescanearn. b.managersshouldearnnomorethantwentytimesthepayofotheremployees. c.topmanagersshouldmakethesameamountasotheremployees. d.employeescandeterminehowmuchmanagersmake. e.thegovernmentshoulddeterminetheworthofeachmanager’sservice. ANSWER: b POINTS: 1 DIFFICULTY: Moderate REFERENCES: p.48 LEARNINGOBJECTIVES: 2.5-Exploretheroleof corporategovernanceinstructuringethicsandsocial responsibilityinbusiness. NATIONALSTANDARDS: UnitedStates-BUSPROG:Ethics STATESTANDARDS: UnitedStates- NONE- DISC:EthicalResponsibilities-EthicalResponsibilities KEYWORDS: Blooms:Knowledge
Test%20Bank%20for%20Business%20Ethics%20Ethical%20Decision%20Making%20and%20Cases%2010th%20Edition%20Ferrell,%20Fraedrich,%20Ferrell.docx