Question 1

On which of the three ethics check questions would Megan primarily focus?

Accepted Answer

A)   Is it legal?
B)   Is it fair and balanced?
C)   How will it make me feel about myself?
D)   Is this a win-win situation?E) A) and B)
F) A) and C)

Question 2

A large amount of retail theft is committed by employees; therefore, Suit Up, Inc., requires that managers personally unlock fitting rooms and count the number of items taken to the fitting rooms by not just customers but sales associates too. This policy is written in the company manual and breaking with the policy is grounds for dismissal. It is correct to say that this is part of Suit Up's compliance-based ethics.

Accepted Answer

A) True 
 B)False

Question 3

An ethical dilemma refers to a situation where you must

Accepted Answer

A)   treat someone unfairly.
B)   choose between equally unsatisfactory alternatives.
C)   choose between a correct and an incorrect option.
D)   balance the concerns of profit and legality.E) All of the above
F) A) and C)

Question 4

A(n)  ________-based ethics code defines corporate values, creates a supportive environment, and stresses shared accountability among employees.

Accepted Answer

A)   social
B)   corporate responsibility
C)   compliance
D)   integrityE) None of the above
F) A) and B)

Question 5

Opponents of corporate social responsibility argue that when companies use their profits to promote social causes, they are not being fair to investors who provided the funds for the purpose of financial gain.

Accepted Answer

A) True 
 B)False

Question 6

As a response to various scandals, the federal government now requires social audits of all U.S. businesses.

Accepted Answer

A) True 
 B)False

Question 7

A social audit measures a firm's progress in the area of worker-management relations.

Accepted Answer

A) True 
 B)False

Question 8

One good reason for managing a business ethically is to help reduce employee turnover.

Accepted Answer

A) True 
 B)False

Question 9

Relationships between businesses and among nations

Accepted Answer

A)   should be based on international law, exclusively.
B)   should be based on fairness, honesty, openness, and moral integrity.
C)   should be scrutinized carefully to make some determination as to whether both sides have the same type of leader behavior when it comes to assigning work.
D)   will be adversarial because seldom does either side believe in win-win situations.E) None of the above
F) A) and D)

Question 10

Colin is a recent hire at Bender's Book Stop. On his first day in his new job, his store manager handed him a small booklet consisting of company rules. He was asked to read it and sign and submit the last page, before starting his work. Among other things, the rules explicitly discussed punishments for grievous behavior and firing if the firm could prove that the employee was stealing product from the store. This booklet represented the ________ of the store.

Accepted Answer

A)   company-based ethics
B)   compliance-based ethics
C)   integrity-based ethics
D)   whistleblowing-based ethicsE) A) and B)
F) All of the above

Question 11

The majority of CEOs blame unethical employee conduct on

Accepted Answer

A)   the breakdown of traditional religious institutions.
B)   a failure of leadership to establish ethical standards.
C)   the increase in lawsuits used to avoid personal responsibility.
D)   the nation's business schools that tolerate unethical behavior in students.E) B) and D)
F) C) and D)

Question 12

The difference between an organization's positive social contributions and its negative social impacts is called their

Accepted Answer

A)   social scorecard.
B)   responsibility impact report.
C)   net social contribution.
D)   community commitment level.E) A) and B)
F) All of the above

Question 13

While speaking with your sales team, your manager explains, "Anyone caught breaking a sales law will be fired." After reading about business ethics, you quickly identify this remark as a reference to the firm's ________ ethics.

Accepted Answer

A)   technology-based
B)   personal responsibility-based
C)   compliance-based
D)   integrity-basedE) A) and C)
F) B) and C)

Question 14

Game Guys, Inc., is interested in keeping employees, customers, and the general public aware of the activities and programs it has accomplished within the community this past year. The company might consider performing a

Accepted Answer

A)   contributory analysis.
B)   responsibility review.
C)   social audit.
D)   annual payment report.E) B) and C)
F) A) and C)

Question 15

With respect to business ethics, it can be said "it takes two to tango." This indicates that

Accepted Answer

A)   dancing around issues should be part of a company's code of ethics.
B)   an individual's behavior is influenced by the behavior of others.
C)   teamwork eliminates a need for one's personal ethics.
D)   management is insensitive to ethical issues.E) None of the above
F) A) and B)

Question 16

Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.

Accepted Answer

A) True 
 B)False

Question 17

People who report illegal or unethical behavior are called whistleblowers.

Accepted Answer

A) True 
 B)False

Question 18

A business that takes a public position on a political issue that affects the welfare of society is exercising corporate social responsibility.

Accepted Answer

A) True 
 B)False

Question 19

When managers disregard the company's ethical concerns, the likely result is

Accepted Answer

A)   a reduction in employee turnover.
B)   an improvement in overall manager morale.
C)   a reduction in lawsuits.
D)   a general mistrust between workers and management.E) A) and B)
F) B) and D)

Question 20

Establishing a formal code of ethics is

Accepted Answer

A)   more common with small businesses than large businesses.
B)   unnecessary given the level of government regulation.
C)   growing in popularity.
D)   mandated by the Corporate and Criminal Fraud Accountability Act.E) B) and D)
F) C) and D)

Exam 4: Demanding Ethical and Socially Responsible Behavior

Correct Answer
verified

On which of the three ethics check questions would Megan primarily focus?

Correct Answer
verified

A(n) ________-based ethics code defines corporate values, creates a supportive environment, and stresses shared accountability among employees.

Correct Answer
verified

Opponents of corporate social responsibility argue that when companies use their profits to promote social causes, they are not being fair to investors who provided the funds for the purpose of financial gain.

Correct Answer
verified

Game Guys, Inc., is interested in keeping employees, customers, and the general public aware of the activities and programs it has accomplished within the community this past year. The company might consider performing a

Correct Answer
verified

People who report illegal or unethical behavior are called whistleblowers.

Correct Answer
verified

One good reason for managing a business ethically is to help reduce employee turnover.

Correct Answer
verified

Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.

Correct Answer
verified

When managers disregard the company's ethical concerns, the likely result is

Correct Answer
verified

As a response to various scandals, the federal government now requires social audits of all U.S. businesses.

Correct Answer
verified

Correct Answer
verified

A social audit measures a firm's progress in the area of worker-management relations.

Correct Answer
verified

While speaking with your sales team, your manager explains, "Anyone caught breaking a sales law will be fired." After reading about business ethics, you quickly identify this remark as a reference to the firm's ________ ethics.

Correct Answer
verified

Establishing a formal code of ethics is

Correct Answer
verified

With respect to business ethics, it can be said "it takes two to tango." This indicates that

Correct Answer
verified

The difference between an organization's positive social contributions and its negative social impacts is called their

Correct Answer
verified

An ethical dilemma refers to a situation where you must

Correct Answer
verified

The majority of CEOs blame unethical employee conduct on

Correct Answer
verified

A business that takes a public position on a political issue that affects the welfare of society is exercising corporate social responsibility.

Correct Answer
verified

Relationships between businesses and among nations

Correct Answer
verified

Exam 4: Demanding Ethical and Socially Responsible Behavior

Correct AnswerverifiedShow Answer

On which of the three ethics check questions would Megan primarily focus?

Correct AnswerverifiedShow Answer

A(n) ________-based ethics code defines corporate values, creates a supportive environment, and stresses shared accountability among employees.

Correct AnswerverifiedShow Answer

Opponents of corporate social responsibility argue that when companies use their profits to promote social causes, they are not being fair to investors who provided the funds for the purpose of financial gain.

Correct AnswerverifiedShow Answer

Game Guys, Inc., is interested in keeping employees, customers, and the general public aware of the activities and programs it has accomplished within the community this past year. The company might consider performing a

Correct AnswerverifiedShow Answer

People who report illegal or unethical behavior are called whistleblowers.

Correct AnswerverifiedShow Answer

One good reason for managing a business ethically is to help reduce employee turnover.

Correct AnswerverifiedShow Answer

Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.

Correct AnswerverifiedShow Answer

When managers disregard the company's ethical concerns, the likely result is

Correct AnswerverifiedShow Answer

As a response to various scandals, the federal government now requires social audits of all U.S. businesses.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

A social audit measures a firm's progress in the area of worker-management relations.

Correct AnswerverifiedShow Answer

While speaking with your sales team, your manager explains, "Anyone caught breaking a sales law will be fired." After reading about business ethics, you quickly identify this remark as a reference to the firm's ________ ethics.

Correct AnswerverifiedShow Answer

Establishing a formal code of ethics is

Correct AnswerverifiedShow Answer

With respect to business ethics, it can be said "it takes two to tango." This indicates that

Correct AnswerverifiedShow Answer

The difference between an organization's positive social contributions and its negative social impacts is called their

Correct AnswerverifiedShow Answer

An ethical dilemma refers to a situation where you must

Correct AnswerverifiedShow Answer

The majority of CEOs blame unethical employee conduct on

Correct AnswerverifiedShow Answer

A business that takes a public position on a political issue that affects the welfare of society is exercising corporate social responsibility.

Correct AnswerverifiedShow Answer

Relationships between businesses and among nations

Correct AnswerverifiedShow Answer

Correct Answer
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