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Evolution of Business Ethics MCQ

A slavery system in which individuals are unowned by other people?

Answer

Correct Answer: False

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Sherman Antitrust Act of _______ legislation that outlawed monopolies to increase competition.?

Answer

Correct Answer: 1890

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The Living wage amount of money a half-time employee needs to exceed the poverty threshold or afford the basic necessities of life?

Answer

Correct Answer: False

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________is an association of employees that advances its members' interests, such as wages, benefits, work rules.?

Answer

Correct Answer: Labor union

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Interpenetrating Systems Model is an illustrative tool for understanding the interaction of modals?

Answer

Correct Answer: All of these

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An Industrial Revolution was a period in the late ______when hand tools were replaced with new manufacturing power-driven machines?

Answer

Correct Answer: 1700s and 1800s

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A law or rule developed by the government that regulates conduct is known as?

Answer

Correct Answer: Government regulation

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Federal Sentencing Guidelines for Organizations that encourage,it requires, companies to implement policies and procedures that reinforce deontological behaviors?

Answer

Correct Answer: False

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A ________ model that synthesizes the various approaches of organizational ethics into a systematic best practices framework for reinforcing ethical behaviors, and reducing ethical risks, throughout the workplace.?

Answer

Correct Answer: Ethical Systems

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How work tasks are segmented to improve efficiency is known as ?

Answer

Correct Answer: Division of labor

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DII is an initiative from the defense industry whereby companies voluntarily disagree to implement self-regulatory conditions.?

Answer

Correct Answer: False

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_______ is granted by the British government to allow several people to create an organization by pooling their financial resources; owners of chartered organizations are exempt from debtor’s prison if the business venture is in running ?.

Answer

Correct Answer: Charters

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______ is an economic system based on freedom and competition in both product and labor markets, as an economic system ethically superior to highly regulated mercantilism?

Answer

Correct Answer: Capitalism

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Adam smit ___________ One of the most influential systematic social philosophers in the history of Western civilization, applied the concept of “liberty” to economic matters?

Answer

Correct Answer: 1723-1790

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