1. Which of the following allows employees to engage in collective bargaining even if they are not formally unionized? a.OSHA. b.Taft-Hartley Act. c.Sarbanes-Oxley Act. d.Wagner Act. 2. Which of the following is NOT a fundamental principle of free enterprise or capitalism? a.There should be no collusion between sellers of goods. b.Participants in economic exchange have access to adequate information to facilitate analysis and decision-making. c.Ideally, there should be relatively few competitors in any industry. d.Efficient pricing and distribution occurs as a result of market dynamics. 3.Which of the following is the best definition of ethics? a.Ethics are the guidelines created by organizations in the form of policies, rules and operating procedures. b.Ethics are the standards of conduct that are taught to us through religious principles. c.Ethics are the values, which have developed throughout our lives and influence our moral behavior. d.Ethics are the standards for conduct that are required by laws. 4. Fortunately, as the handbook says, an employee who stands up for what is right is always likely to be rewarded for behaving ethically. True or False 5. Which of the following is expected of a student under the College of Business Student Code of Ethics? a.Perform your duties with due diligence. b.Understand and embrace diversity. c.Maintain your beliefs and values. d.Avoid circumstances that may lead to unethical behaviors. e.All of the above. 6.A person facing an ethical challenge who decides to inform higher levels of authority about the situation is called a: a.Informant. b.Horn blower. c.Snitch. d.Whistle-blower. 7.Ultimately, the course of action an employee may face if no other resolution is possible in an ethically challenging situation is: a.To resign from the company. b.To immediately inform law enforcement authorities. c.To simply follow orders and carry out the unethical action. d.None of the above. 8.Pareto Optimality is defined as a.Optimal distribution of resources for maximum benefit to society. b.Optimal output for minimal profit. c.Optimal output for optimal profit. d.Optimal profit for minimal output 9.What term is used to describe managers that are actively engaged in the day-to-day operation of the organization? a.Agents. b.Shareholders c.Owners d.Administrators e.Principals. 10.Which of the following is an NOT example of rationalization? a.I was just following orders. b.Everybody else does it c.Accepting a year-end bonus d.It really doesn't hurt anyone. 11.Which of the following best describes the decision-making tool provided in the handbook? a.It is only relevant for situations concerning corporate fraud b.It is an all-inclusive method that must be used to think through the consequences of an action c.It is a mechanism that may be used to thoroughly think through an issue and evaluate the consequences of an action d.It only allows you to consider the most plausible option. 12.Which of the following is NOT true with respect to conceptual foundations of values or ethics? a.All of the responses are true. b.By understanding the different perspectives of the conceptual foundations, business decision-making may be enhanced. c.Each of the conceptual foundations influences our values in different ways. d.Sources of our values are complex and sometimes conflicting. 13.Which of the following is the most serious consequence of cheating? a.Showing the lack of commitment to a goal. b.Devaluing the education of everyone by not being a fully-prepared graduate of the school. c.Students having an inadequate accumulation of facts. d.Students devaluing their own education. 14.The use of deception on resumes in order to get a job for which one might not otherwise be qualified for is estimated to be present in what percent of resumes? a.50% b.5% c.1% d.10% 15.How did the actions of Ford and Johnson & Johnson affect the public view of each company's diligence toward public safety? a.Johnson & Johnson reinforced its credo, demonstrating responsibility to the doctors, nurses, and patients who use its products. Ford's reputation was tarnished. b.Both companies showed a high degree of concern for public safety, reinforcing their good reputations. c.Both companies behaved so poorly that their respective reputations were ruined, and sales fell dramatically in the wake. d.Ford's actions are recognized even today as an example of excellence in customer relations. Johnson & Johnson is often ridiculed. 16.Harassment starts with someone who often fails to consider how his or her actions and words may impact others. a.True b.False 17.Which of the following is a potential positive consequence of harassment? a.The stress caused by harassment may lead to increased productivity. b.Negotiation and conflict resolution may be facilitated by harassment. c.Increased work satisfaction may result if harassment is unintentional. d.There are no positive consequences of harassment. 18.The most common unethical means for management to manipulate earnings in order to meet forecasted expectations is: a.Accelerated recognition of revenue. b.Accelerated recognition of expenses. c.Deferred recognition of revenue. d.Deferred recognition of expenses. e.None of the above. 19.According to the handbook, the correct course of action when your company has an unfair rule is to violate the rule. a.True b.False 20.According to the handbook, padding a resume is not an unethical act because so many people do it. a.true B.false 21.Which of the following best represents the way in which a person usually becomes involved in an ethical business issue? a.A person is usually aware that others are doing things which are unethical. b.A person develops increased tolerance for behaviors that become unacceptable. c.A person usually becomes involved in an unethical situation because he or she is an unethical person. d.A person usually is aware that the actions taken are leading to a situation which is unethical. e.A person usually decides that it is more important to do what the boss wants than to worry about ethics. 22.Which of the following is NOT true about plagiarism? a.The basic rule to avoid plagiarism is to always cite the source of information you have used in your work. b.Plagiarism is only a concern for academic assignments c.If you paraphrase someone's sentences and ideas, you must acknowledge the source of the information d.Plagiarism may occur as a result of sloppy note taking 23.Which of the following is NOT true about plagiarism? a.Plagiarism is intellectual theft. b.There are many resources available to show you how to complete proper citation c.Sources may be cited in a bibliography, in the footnotes, or at the end of the paper d.Information obtained from internet sites may be copied and pasted into reports without citation if an author's name is not present