1.Establishing and enforcing ethical standards and policies within business can help reduce unethical behaviour by prescribing which activities are acceptable and which are not, and by removing the opportunity to act unethically.

Ture or False

2.Business ethics refers to principles and standards that determine acceptable conduct in business organizations.

Ture or False

3.Business ethics are the same as legal issues.

Ture or False

4.Knowing the difference between right and wrong is universal and independent of cultural association.

Ture or False

5.A bribe is considered as a conflict of interest.

Ture or False

6.Social responsibility is another term for ethics.

Ture or False

7.An ethical issue is an identifiable problem, situation, or opportunity that requires a person or organization to choose from among several actions that may be evaluated as ethical or unethical.

Ture or False

8.The best way to judge the ethics of a decision is to look at it from a manager's or employee's point of view.

Ture or False

9.If the owner of a toy store seeking a price reduction gives the manager of a toy manufacturing company a new personal computer, the toy-store owner is using which approach to influence the manufacturer's decision making?

A.Discounting

B.Tipping

C.Computer impacting

D.Bribery

E.High technology

10.That businesspeople are expected not to harm customers, clients, and competitors knowingly through deception, misrepresentation, coercion, or discrimination is part of:

A.business relationships.

B.fairness and honesty.

C.conflicts of interest.

D.communications.

E.consumerism.