Test Bank For Business Ethics Managing Corporate Citizenship And Sustainability In The Age Of Globalization

Business Ethics Managing Corporate Citizenship And Sustainability In The Age Of Globalization

Test Bank For Business Ethics Managing Corporate Citizenship And Sustainability In The Age Of Globalization 3rd Edition

Business Ethics Managing Corporate Citizenship And Sustainability In The Age Of Globalization 3rd Edition Test Bank

Business Ethics Managing Corporate Citizenship And Sustainability In The Age Of Globalization 3rd Edition

Business Ethics Managing Corporate Citizenship And Sustainability In The Age Of Globalization

Chapter 01 – Question 01

01) Crane and Matten define the subject of business ethics as, “The study of business situations, activities, and decisions where…

1. …maximizing profit is reconciled with society’s expectations.”

Feedback:  See the definition provided in Chapter 1. Although there will inevitably be disagreements about what exactly constitutes ‘ethical’ business activity, Crane and Matten consider the definition they provide of the subject itself to be fairly uncontroversial.

Page reference: 5

*b. …issues of right and wrong are addressed.”

Feedback:  See the definition provided in Chapter 1. Although there will inevitably be disagreements about what exactly constitutes ‘ethical’ business activity, Crane and Matten consider the definition they provide of the subject itself to be fairly uncontroversial.

Page reference: 5

1. …examples of corporate malfeasance are highlighted.”

Feedback:  See the definition provided in Chapter 1. Although there will inevitably be disagreements about what exactly constitutes ‘ethical’ business activity, Crane and Matten consider the definition they provide of the subject itself to be fairly uncontroversial.

Page reference: 5

1. …questions are raised about corporate motivations.”

Feedback:  See the definition provided in Chapter 1. Although there will inevitably be disagreements about what exactly constitutes ‘ethical’ business activity, Crane and Matten consider the definition they provide of the subject itself to be fairly uncontroversial.

Page reference: 5

Type: multiple choice question

Title: Chapter 01 – Question 02

02) The law can be said to be a definition of the minimum acceptable standards of behaviour, with many morally contestable issues not covered by the law. What does this imply for business ethics?

1. Businesses should prevent laws from being enacted so as to give themselves maximum freedom to act.

Feedback:  Business ethics can be said to begin where the law ends. There is typically no definitive ‘right’ answer to business ethics problems, and while one may choose to argue that business should try and prevent laws from being enacted, this does not automatically follow from the fact that many morally contestable issues are not covered by the law.

Page reference: 5-8

1. Business ethics is about uncovering the definitive answer to business ethics problems in the absence of guidance from the law.

Feedback:  Business ethics can be said to begin where the law ends. There is typically no definitive ‘right’ answer to business ethics problems, and while one may choose to argue that business should try and prevent laws from being enacted, this does not automatically follow from the fact that many morally contestable issues are not covered by the law.

Page reference: 5-8

*c. In a sense, business ethics can be said to begin where the law ends.

Feedback:  Business ethics can be said to begin where the law ends. There is typically no definitive ‘right’ answer to business ethics problems, and while one may choose to argue that business should try and prevent laws from being enacted, this does not automatically follow from the fact that many morally contestable issues are not covered by the law.

Page reference: 5-8

1. The other three answers are all correct.

Feedback:  Business ethics can be said to begin where the law ends. There is typically no definitive ‘right’ answer to business ethics problems, and while one may choose to argue that business should try and prevent laws from being enacted, this does not automatically follow from the fact that many morally contestable issues are not covered by the law.

Page reference: 5-8

Type: multiple response question

Title: Chapter 01 – Question 03

03) Why is business ethics important? Please select all that apply.

Feedback:  These are all reasons why business ethics is important, but there are others also: Crane and Matten list eight in total.

Page reference: 9-13

*a. Business has greater power and influence in society than ever before.

*b. Business has the potential to provide a major contribution to our societies.

*c. Business malpractices have the potential to inflict enormous harm on individuals, communities and the environment.

*d. Business continues to violate ethics, across countries and sectors.