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True or False Quiz
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1
In 2002, the U.S. Congress passed the Sarbanes-Oxley Act to address the wave of corporate and financials scandals.
A)TRUE
B)FALSE
2
Ethical behavior and an ethical reputation can provide a competitive advantage in the marketplace and with customers, suppliers, and employees.
A)TRUE
B)FALSE
3
Consumer boycotts based on allegations of unethical conduct have targeted firms such as Nike, Gap, Shill and Wal-Mart.
A)TRUE
B)FALSE
4
In 2004, Deloitte reported that 80% of directors of the top 4000 publicly traded companies believed that business ethics is an oxymoron.
A)TRUE
B)FALSE
5
A company's core values are a description of what the company does and what it hopes to achieve in the future.
A)TRUE
B)FALSE
6
Unlike Generally Accepted Accounting Principles (GAAP) for accountants, there are no principles, standards, concepts or values common to business ethics.
A)TRUE
B)FALSE
7
Because the language of ethics is so different from talk about the operational fields of finance, marketing, accounting, management, law, and human resources, ethical concepts and categories are not relevant to these fields.
A)TRUE
B)FALSE
8
The role of an ethics course should be to convey information to a passive audience, while treating students as passive learners.
A)TRUE
B)FALSE
9
The unexamined life, according to Socrates, is not worth living.
A)TRUE
B)FALSE
10
Business ethics is concerned more with reasoning than answers.
A)TRUE
B)FALSE
11
If something is seriously wrong, the law will prohibit it. Consequently, it's enough to rely on the law for deciding what's right or wrong.
A)TRUE
B)FALSE
12
Ethics and ethos are the same thing.
A)TRUE
B)FALSE
13
The word "ethics" is derived from the Greek word "ethos," meaning customary or unconventional.
A)TRUE
B)FALSE
14
The major reason to study ethics is that whether or not we examine the questions "what should I do?" or "what type of person should I be?" or "how shall we live in community?" we answer them in the course of living our everyday lives.
A)TRUE
B)FALSE
15
As long as individuals follow the mores, customers, and rules of their culture or society, they are assured that their actions are ethically correct.
A)TRUE
B)FALSE
16
Philosophical ethics distinguishes what people do value from what they should value.
A)TRUE
B)FALSE
17
Gatekeepers are those people and institutions whose role is to provide checks to illegal and unethical behavior.
A)TRUE
B)FALSE







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