True/False
Indicate whether the sentence or statement is true or false.
1. Ethics are based solely on laws and regulations.
2. The Utilitarian view of ethics is based on what’s best for the largest number of people.
3. Philosophies of ethical behavior range from do whatever seems best to certain things are right and certain things are wrong.
4. Ethics can vary from one industry to another.
5. Immoral means you don’t think in terms of right & wrong. Amoral means you choose to do something wrong.
6. Ethics and Social Responsibility are the same thing.
7. The Board of Directors & CEO can be held accountable for the actions of their employees.
8. Stewardship is a concept that states a business uses its resources in the best interests of the community.