Question: ________ refers to standards of moral behavior

Answer: ethics

Question: a recent study revealed that most Americans have:

Answer: few moral absolutes.

Question: which of the following statements describes ethical behavior in the US?

Answer: we can find common moral values that many Americans uphold, including respect for human life, self-control, honesty, integrity, and courage

Question: Given the ethical lapses that are prevalent today in our businesses, which of the following can be done to restore trust in the free-market system and leaders in general?

Answer: new laws making accounting records transparent may help restore trust

Question: Laws represent the standards of ________ behavior.

Answer: legal

Question: many individuals today believe that ethical behavior is determined by what is best for them at the time. this is an example of:

Answer: situational ethics

Question: Considering the potential impact on others prior to making a decision is consistent with ________ behavior.

Answer: ethical

Question: Trust and cooperation between workers and managers must be based on which of the following

Answer: fairness, honesty, openness, and moral integrity

Question: in some corporations, corporate standards may

Answer: encourage dishonesty

Question: most corporations have written

Answer: codes of ethics