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Understanding Business Ethics Third Edition Test Bank

Simplify your study sessions with Understanding Business Ethics Third Edition Test Bank, an exam guide designed for effective revision and maximum retention.

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Stanwick,Understanding Business Ethics,3eInstructor ResourceChapter 1:The Foundation of Ethical ThoughtTest BankMultiple Choice1. How is the price of a meal determined at a Panera Cares Café?a.Customers decide how much to pay for their mealb.Meal prices are determined based on the cost of meal preparationsc.Café managers set the prices of the meals each day based on ingredient costsd.Top management at Panera set a standard price of meals for all café locations.Ans:aLearning Objective:1.1Cognitive Domain:KnowledgeAnswer Location:Panera Cares Community Café:ALoaf inEveryAreaQuestion Type: MC2. The average Panera Cares Café will generate revenues of ___________ and profits of__________ per month.a. $10,000; $300 to $400b. $50,000; $1,000 to $5,000c. $100,000; $3,000 to $4,000d. $500,000; $30,000 to $35,000Ans:cLearning Objective:1.1Cognitive Domain:KnowledgeAnswer Location:Panera Cares Community Café:ALoaf inEveryAreaQuestion Type: MCThe profit from Panera Cares Café is used toa.Open new cafesb.Fund training programsc.Increase wagesd.PublicizePanera BreadAns:bLearning Objective:1.1Cognitive Domain:comprehensionAnswer Location:Panera Cares Community Café:ALoaf inEveryAreaQuestion Type: MC4. ___________ can be defined as the valuesthatan individual uses to interpret whether anyparticular action or behavior is considered acceptable and appropriate.a. Ethicsb. Validityc. Reliabilityd. CommitmentAns:a

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