Ch 2 BAD

question

An action may be legal but not ethical.
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true false
question

Business ethics is not more complicated than personal ethics.
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true false
question

Any decision by the management of Fast-Food Franchise Corporation may significantly affect its
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operators only. operators, owners, suppliers, the community, or society as a whole. owners only. suppliers, the community, or society as a whole only.
question

Focusing on a firm’s short-term profits without considering the company’s long-term needs may be acting unethically.
answer

true false
question

Flexo Trucking Company transports hazardous waste. Garn is a Flexo driver, whom the company knows drives longer hours than federal regulations permit. One night, Garn exceeds the limit and has an accident. Spilled chemicals contaminate Hill City’s water source, forcing the residents to move away. Flexo acted unethically because
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Flexo showed reckless disregard for Hill City’s residents and others. Garn exceeded the federal time limit. harm was caused by an unfortunate accident. Hill City should have better protected its water source
question

Megan is the ethics officer for Nature’s Eggs, Inc., an organic egg raising company. In overseeing the application of the company’s ethical code of conduct, Megan is most likely not in charge of
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an ethics committee. ethical training programs. internal ethical audits. ethical reviews of employees’ family members.
question

A business firm can sometimes predict whether a given action is legal.
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true false
question

In studying the legal environment of business, Professor Dooley’s students also review ethics in a business context. Ethics includes the study of what constitutes
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fair or just behavior. financially rewarding behavior. legal behavior. religious behavior.
question

Eden, the chief executive officer of Flo-Thru Piping Corporation, wants to ensure that Flo-Thru’s activities are legal and ethical. The best course for Eden and Flo-Thru is to act in
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good faith. ignorance of the law. regard for the firm’s shareholders only. their own self interest.
question

Margaret is the top manager of Pecans, Inc. She sets strict ethical standards for all employees. Margaret, however, often takes some of the company’s best nuts and sells them from her house. The ethical tone at Pecans, Inc. is
answer

likely to be good because Margaret has set such strict standards for her employees. not likely to be good because although Margaret sets strict ethical standards for the other employees, she does not follow them. not related to either Margaret’s ethical standards or her own unethical behavior. not likely to be good because employees tend to resent strict ethical standards.

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