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    This document appears to be a business ethics midterm exam for students at Paradise Valley University College's Faculty of Business & Economics, Department of Accounting. It contains 20 multiple choice and true/false questions testing students' understanding of key concepts in business ethics such as characteristics of business ethics, causes of conflict between employees and employers, stakeholders, levels of ethical decision making, and benefits of social responsibility.

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    BUSINESS ETHICS MID EXAM WEEKEND B

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    This document appears to be a business ethics midterm exam for students at Paradise Valley University College's Faculty of Business & Economics, Department of Accounting. It contains 20 multiple choice and true/false questions testing students' understanding of key concepts in business ethics such as characteristics of business ethics, causes of conflict between employees and employers, stakeholders, levels of ethical decision making, and benefits of social responsibility.

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    4K views2 pages

    Business Ethics Mid Exam Weekend B

    Uploaded by

    Efrem Wondale
    This document appears to be a business ethics midterm exam for students at Paradise Valley University College's Faculty of Business & Economics, Department of Accounting. It contains 20 multiple choice and true/false questions testing students' understanding of key concepts in business ethics such as characteristics of business ethics, causes of conflict between employees and employers, stakeholders, levels of ethical decision making, and benefits of social responsibility.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 2

    PARADISE VALLEY UNIVERSITY COLLEGE FACULTY OF BUSINESS & ECONOMICS

    DEPARTMENT OF ACCOUTING
    Business Ethics Mid Exam
    Time A. 30’ **
    Name________________________________________ ID No_________________ Sec: B Year: 1st Division: Weekend

    Instruction I; Write “True” if the statement is correct and write “False” if it’s incorrect and
    write the letter of your choice on the space provided.(1% each)
    1. Firms are organizations, but not all organizations are firms.
    2. Moral standards are part of our legal system.

    3. The principle of Co-operation with others states that business should help others only in condition deserves
    for help.

    4. Business ethics is not really concerned with “doing the right thing.”
    5. Business ethics refers to principles and standards that determine acceptable conduct in business
    organizations
    Instruction 2፡ Match the items given under column “A” with the correct combination given under column “B”

    A B
    6. Characteristics of Business Ethics A. A duty to pay
    7. Principles of Business Ethics B. Performance issue
    8. Employer Obligation C. Not to do any evil
    9. Employee Obligation D. It is dynamic in nature
    10. Causes of Conflict between employee and employer E. A duty to be loyal
    Instruction 3: Choose the best answer from the given alternatives and write the letter of your choice on the space
    provided.(1% each)
    11. Which of the following best describes a diverse workforce?

    A. A business hires men, women and people of different races, religions, and backgrounds.

    B. A company hires white men and women to work for their company

    C. A company hires only women because they are part of a protected workforce.

    D. A company hires only African-Americans because they are part of a protected workforce.

    12. Business ethics deals primarily with ___________

    A. Social responsibility C. Moral obligation

    B. The pricing of products and services. D. Being unfair to the competition.


    13. Ethics are important because ___________________

    A. Suppliers prefer to deal with ethical companies. C. Employees prefer to deal with ethical companies

    B. Customers prefer to deal with ethical companies D. All of the choices

    14. ______________is a code of conduct that an individual or a group has about right and wrong.

    A. Work Ethics B. Ethics C. Business Ethics D. Professional Ethics

    15. Who are organizational stakeholders?

    A. Customers B. Community C. Employees D. All of the above

    16. What are the levels on which ethical decision making occurs?

    A. Individual B. Organizational C. Business system D. All of the given

    17. Which one of the following is not principle business ethics?

    A. Principle of universality B. Principle of humanity C. Principle of autonomy D. Principle of dissatisfaction

    18. The stakeholder view of social responsibility states that organizations must respond to the needs of_______

    A. Employees and customers C. All interested parties.

    B. Shareholders and owners D. All those who might sue the organization

    19. A firm is said to have good corporate social performance when ____________

    A. Stockholders invest in socially responsible causes.

    B. Charitable deductions are automatically deducted from pay without the consent of employees

    C. The company has not been convicted of ethical violations for five consecutive years.

    D. Stakeholders are satisfied with its level of social responsibility

    20. Benefits derived from social responsibility include ____________

    A. Enhanced organizational efficiency C. Attracting people who want to work for the firm

    B. Producing better products D. Both A & C

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