Q&A Hero

Q: Placement describes where a product or service gets located in the marketplace. a. True b. False

Q: A Kantian perspective on human resources treats businesses and other organizations as ___________communities.

Q: Stakeholders who stand to lose or gain from a situation should be kept out of the decision making process as they will simply introduce their personal biases. a. True b. False

Q: The countries with the highest software piracy rate in the world include Luxembourg, Japan, and New Zealand. a. True b. False

Q: ___________ justice describes how individuals perceive their treatment by authority figures.

Q: Most people have developed a decision-making process they use almost automatically, without thinking about the steps they go through. a. True b. False

Q: The ________________________ doctrine forbids employers from firing individuals without justification

Q: In the fallacy of ___________, financial professionals mistakenly believe they are all powerful and can do pretty much as they please.

Q: Individual views on what is moral are so strongly held that there is nearly universal agreement in spite of differences in age, cultural group, ethnic background, religion, life experience, education, and gender. a. True b. False

Q: The four aspects of marketing are product, price, ____________ and ______________.

Q: The goal of the Sarbanes­Oxley Act was to renew investor's trust in corporate executives and their firm's financial reports following numerous financial scandals in the early 2000s.a. Trueb. False

Q: Bullying employees violates which form of organizational justice? a. Distributive b. Interactional c. Procedural d. Institutional

Q: In the business world, important decisions are too often left to the technical experts; general business managers must assume greater responsibility for these decisions. a. True b. False

Q: The Fraud Triangle consists of motivation, opportunity, and _______________. a. accomplices b. foresight c. justification d. intelligence

Q: An individual's manager has very little impact on his or her ethical behavior. a. True b. False

Q: Financial professionals who are overconfident fall victim to which fallacy? a. Fallacy of unrealistic optimism b. Fallacy of omnipotence c. Fallacy of invulnerability d. None of the above

Q: The board of directors of an organization is normally responsible for day-to-day management and operations of the organization. a. True b. False

Q: What type of justice is MOST important in the hiring process? a. Procedural b. Distributive c. Interactional d. None of the above

Q: The fairness approach to ethical decision making states that one should choose the action or policy that has the best overall consequences for all people who are directly or indirectly affected. a. True b. False

Q: Setting corporate social responsibility (CSR) goals encourages an organization to achieve higher moral and ethical standards. a. True b. False

Q: According to the Society for Human Resource Management (SHRM), HR professionals should continually improve their skills and knowledge. This describes which guideline? a. Ethical Leadership b. Professional Responsibility c. Professional Development d. Fairness and justice

Q: Ethics has risen to the top of the business agenda because risks associated with inappropriate behavior have increased, both in their likelihood and in their potential negative impact. a. True b. False

Q: Learning to live with the outcomes of harmful decisions is part of which ethical standard? a. Enhance the dignity of those harmed by the action b. Advance the organization's objective c. Sustain the moral sensibility of those executing morally ambiguous tasks d. Serve the greater good

Q: Helping employees who have been hurt by a human resource decision is part of which ethical standard? a. Advance the organization's objective b. Enhance the dignity of those harmed by the action c. Strive to do no damage d. Sustain the moral sensibility of those executing morally ambiguous tasks

Q: Legal acts conform to what an individual believes to be the right thing to do. a. True b. False

Q: Multinational and global organizations must not present a consistent face to their shareholders, customers, and suppliers but instead must operate with a different value system in each country they do business in. a. True b. False

Q: Which type of justice describes how organizations decide how to allocate resources? a. Interactional b. Distributive c. Procedural d. Integrative

Q: Lawrence Kohlberg found that the most crucial factor that stimulates a person's moral development is monetary reward for good behavior.a. Trueb. False

Q: Which moral hazard of human resource management treats employees like inanimate objects or impersonal goods? a. Regarding employees as mere commodities b. Exploitation c. Defining people in economic terms d. Carelessness when it comes to safety

Q: Fairness and generosity are examples of virtues. a. True b. False

Q: All of the following are components of a Kantian approach to human resource management EXCEPT: a. Treat outsiders with respect b. Provide a living wage c. Focus on shareholders d. Provide financial information on the company to employees

Q: Laws can proclaim an act as legal, although many people may consider the act immoral. a. True b. False

Q: Which professional accounting principle says that accountants should always strive for excellence? a. Principle of Objectivity and Independence b. Principle of Due Care c. Principle of Serving the Public Interest d. Principle of Responsibilities

Q: The term morality refers to social conventions about right and wrong that are so widely shared that they become the basis for an established consensus. a. True b. False

Q: Striving for excellence reflects which AICPA professional standard? a. Scope and nature of services b. Objectivity and independence c. Serve the public interest d. Due care

Q: Employees may suppress their tendency to act in a manner that seems ethical to them and instead act in a manner that will protect them against anticipated punishment. a. True b. False

Q: Israel has a reputation for putting the needs of his clients above his need to make money. He demonstrates which AICAPA professional standard? a. Responsibilities b. Serve the public interest c. Integrity d. Due care

Q: Increasingly, managers are including ethical conduct as part of an employee's performance appraisal. a. True b. False

Q: A company that doesn't pay employees for hours they work overtime is falling victim to which moral hazard? a. Defining people in economic terms b. Treating employees as commodities c. Exploitation d. Neglect

Q: The greater reliance of information systems in all aspects of life has decreased the risk that information technology will be used unethically. a. True b. False

Q: Objectivity and transparency are elements of which financial value? a. Don't be stupid b. Tell the truth c. Find fraud and expose liars d. Temper optimism

Q: Consistency means that shareholders, customers, suppliers, and the community know what they can expect of an organization–that it will behave in the future much as it has in the past.a. Trueb. False

Q: _______________ describes the inclination to question financial statements. a. Professional skepticism b. Professional cynicism c. Professional pride d. Professional discernment

Q: In a nonprofit organization, the board of directors reports to the local community that it serves. a. True b. False

Q: The principle "don't be stupid" addresses: a. The importance of truth telling in accounting and finance b. The importance of finding fraud c. The importance of conforming to accounting norms d. The importance of avoiding self-centeredness

Q: Line operations personnel can be appointed as corporate ethics officers. a. True b. False

Q: The Fraud Triangle is made up of all of the following EXCEPT: a. Motivation b. Justification c. Illumination d. Opportunity

Q: An organization's mission statement highlights its key ethical issues and identifies the overarching values and principles that are important to the organization and its decision making.a. Trueb. False

Q: Which position on the ethics marketing continuum should marketers generally take? a. Caveat Venditor ("seller beware") b. Industry practice c. Consumer sovereignty d. Caveat Emptor ("buyer beware")

Q: According to the American Marketing Association, all of the following are important ethical values for professionals EXCEPT: a. Benevolence b. Honesty c. Transparency d. Citizenship

Q: The ABCs of Marketing urge professionals to consider the environmental and social impact of their choices. This is referred to as a. Above the law b. Aspirational c. Beyond the bottom line d. Breaking new ground

Q: To take a consumer sovereignty perspective to ethics, marketers must consider all of the following EXCEPT: a. The capability of the consumer b. Adequacy of information c. Freedom of choice d. Access to technology

Q: Marketers who put the interests of producers first take a _________________ approach to ethics. a. Buyer beware b. Seller beware c. Industry practice d. Consumer sovereignty

Q: When dealing with an individual from a different culture, a) Negotiators generally adapt their negotiation behavior to that of the negotiation partner. b) American negotiators are the most flexible to their negotiation partner's behavior. c) Canadian and Japanese negotiators are the least flexible to their negotiation partner's behavior. d) Negotiators generally do not adapt their negotiation behavior to that of the negotiation partner.

Q: A company charged with bribing a supermarket to put its products at the end of an aisle has an ethical issue with a. Product b. Placement c. Promotion d. Price

Q: Ethical issues related to advertising and product placement are related to which element of marketing? a. Product b. Price c. Place d. Promotion

Q: The "psychic distance paradox" causes performance failures because: a) Negotiators who are working in a similar culture to their own perceive the two cultures as being significantly different. b) When doing business in cultures that are perceived to be similar, managers prepare less and do not realize the cultures are actually quite different. c) Expatriate managers are unable to connect with the local culture after moving from a similar culture. d) Managers do not understand the culture's behavior despite language proficiency.

Q: Which of the following is an example of a high power distance country? a) India b) United States c) Israel d) None of the above

Q: Which is NOT a function of Human Resources? a. Conducting job analyses b. Providing benefits and compensation systems c. Expecting extra hours of work without extra compensation d. Providing adequate training and development

Q: Giving members a voice in the policies, procedures and rules is an example of which approach to human resource management? a. Kantian Approach b. Justice Approach c. Distributive Approach d. Ethical Codes Approach

Q: ____________ reflects acceptance of inequality and respect for social status or class boundaries. a) Individualism b) Collectivism c) High power distance d) Low power distance

Q: ___________ defines themselves in terms of their group memberships and their contributions to the success of those groups. a) Individualists b) Collectivists c) High power distance d) Low power distance

Q: Which statement is NOT one of the ethical dangers to human resource management? a. Exploiting employees by cutting their wages, reducing benefits or requiring more work hours without compensation b. Considering employees as mere commodities c. Defining employees in economic terms d. Mobilizing people to fulfill organizational goals

Q: Avery could feel the tension within her job. She wanted to paint a truthful account of the company's forecast, but she knew it would probably hurt company morale and employee bonuses once she released the news about the company's fourth quarter losses and future year projections. Avery probably serves in which financial sector? a. Auditing b. Management accounting c. Tax accounting d. Financial consulting

Q: Which of the following is false about culture? a) Culture can be defined as "collective mental programming." b) Culture represents different patterns of believing. c) Culture is used to interpret the world. d) Cultures new to an individual will impact his/her interpretation of experience.

Q: On the ethics marketing continuum, which of these is closest to the buyer beware or Caveat Emptor level? a. Ethics codes b. Industry practice c. Consumer sovereignty d. Caveat Venditor

Q: Which of the following is false? a) Organizations are affected by the expatriate manager's ability to adjust to the new setting. b) Organizations are not affected by the expatriate family's ability to adjust to the new setting. c) Foreign language proficiency is more important for non-English speakers in English-speaking countries. d) Cross-cultural training can help an expatriate manager better adjust to the new culture.

Q: If an organization chooses to provide a minimum level of benefits for its employees and prefers to allocate resources fairly, this is an example of: a. Distributive justice b. Procedural justice c. Interactional justice d. All of the above

Q: Civil society refers to: a) Countries with a certain type of governance structure. b) Groups interested in business ethics (such as the media, not-for-profit organizations, academic institutions, and religious and political groups). c) Government agencies in foreign countries. d) Countries that share the same culture, customs, and norms.

Q: According to researchers at Harvard, in developing their firm's codes of conduct, multinational firms would be wise to stick with the eight principles identified by their research as the core of global standards of conduct and to not deviate or supplement the principles with values unique to their respective firms.

Q: When an organization likes to involve its key stakeholders in the decision-making process, this is called. a. Distributive justice b. Procedural justice c. Interactional justice d. All of the above

Q: Unfortunately, corporate citizenship has no influences on consumers buying habits.

Q: An organization wants to treat its members with dignity and respect. This would be an example of: a. Distributive justice b. Procedural justice c. Interactional justice d. All of the above

Q: A country's sociopolitical environment increases the number of ethical questions with a company must deal.

Q: Name and explain the three moral hazards that frequently lead to unethical human resource management behaviors.

Q: Justice and fairness are universal human values. Therefore, specific beliefs and preferences about what is a fair allocation are also universally interdependent.

Q: What does it mean to demonstrate professional skepticism?

Q: The Golden Rule ("do unto others as you would have them do unto you") appears in the teachings of every major world religion.

Q: What are the elements of a more holistic approach to preparing to be an accountant?

Q: Interestingly, ethical issues are universal and do not vary from culture to culture.