true/FALSE

1. An organizations mission statement highlights its key ethical issues and identifies the overarching values and principles that are important to the organization and its decision making

2. A stakeholder is someone who stands to gain or lose, depending on how a situation is resolved.

3. A rapid increase in the appointment of corporate ethics officers typically follows the revelation of a major business scandal.

4. Companies that are viewed as harmful to their community may find that negative publicity reduces sales, impedes relationships with some business partners, and attracts unwanted government attention.

5. To the detriment of all concerned, the importance of ethics and human values have been over emphasized in the midst of many IT breakthroughs in recent years.

MULTIPLE CHOICE

1. One of the two fundamental tenets on which this book is based is that _____.

a.	every organization needs to act ethically	c.	individual need to choose a choose an approach to ethical decision making
b.	the general public needs to develop a better understanding of the critical importance of ethics as it applies to IT	d.	only organizations with a code of ethics can truly be successful

2. The step in the decision-making process during which you identify how serious the problem is and who is affected, is the ____ step.

a.	develop problem statement	c.	identify alternatives
b.	evaluate result	d.	implement decision

3. A set of beliefs about right and wrong behavior within a society is called ____.

a.	ethics	c.	law
b.	moral code	d.	its vices and virtues

4. In 2009, 43 percent of all software in circulation worlwide was pirated - at a cost of over _____ (USD).

a.	$10 billion	c.	$50 billion
b.	$25 billion	d.	$75 billion

5. A(n) _____ is a habit of unacceptable behavior.

a.	sin	c.	immoral value
b.	virtue	d.	vice

SHORT ANSWERS:

Q.1 Explain why fostering good Business Ethics important?

Q.2 Explain the following approaches in Ethical decision making:

1. Virtue Ethics approach
2. Utilitarian approach
3. Fairness approach
4. common good approach

professional Ethics