MIDTERM - BSHM2 - ABTT - CHAPTER 3 QUIZ

Ethics define as?

• a system of moral principle

• a system of individual principle

• a concern with the society’s

• None of the above

These principles include fairness, and _______ standards, understanding of right and wrong, and responsiveness and transparency expectations.

• Fairness, and standard

• Fairness and honest

• Fairness and integrity

• Fairness and unity

The term is derived from the Greek word _________which mean custom, habit, character,

and_______.

• Ethos, habit

• Ethos, care

• Ethos, code

• Ethos, codes

It is concerned with what is good for individual and ______and also described as moral philosophy.

• Codes

• Environment

• Society

• Community

It is concern with the society’s duties and responsibilities to uphold moral values and live up to the __________of stakeholders, the public, government institutions, and society.

• Stakeholders

• Community

• Aspiration

• Society

It is concern with the society’s duties and responsibilities to uphold moral values and live up to

the aspirations of stakeholders, the public, government institutions, and society.

• Honesty

• Ethical business practice

• Integrity

• Legal behavior

It is concerned with what is good for individual and society and also described as moral

philosophy.

• Ethics

• Ethical business practice

• Legal behavior

• Honesty

It is when the decision making, determining the legality of a course of actions is facilitated by the

existence of statutes, regulations and codes.

• Ethics

• Ethical business practice

• Legal behavior

• Honesty

It is responsible for unethical practices of the firm because they did not come forward to become

whistle-blowers.

• Individual

• Accountability

• Ethics

• Compliance

It is unethical to justify non-compliance by interpreting agreements unreasonably.

• Law Abiding

• Fulfilling Commitments

• Compliance

• Avoid Conflicts