Question 1

Businesses have a social responsibility to create jobs.

Accepted Answer

A) True 
 B)False

Question 2

Compliance based ethics codes typically:

Accepted Answer

A)  rely on laws and regulations outside the firm for guidance.
B)  have a strong affinity for shared accountability among employees.
C)  promote a "do-it-right" climate.
D)  enable responsible employee conduct.E) A) and B)
F) A) and C)

Question 3

Legal behavior and ethical behavior are basically the same.

Accepted Answer

A) True 
 B)False

Question 4

In the long run,a firm's loyalty to their employees can pay off financially.

Accepted Answer

A) True 
 B)False

Question 5

A phone call to a government official by an employee of the Enron Corporation disclosed the deception and dishonesty of the firm's accounting records.This employee played the role of a:

Accepted Answer

A)  whistleblower.
B)  horn blower.
C)  cheerleader.
D)  moral policeman.E) A) and C)
F) None of the above

Question 6

The boxed material entitled "Reaching Beyond Our Borders" that told the story about Joe,the Motorola engineer,suggests that U.S.firms operating overseas are:

Accepted Answer

A)  Not as flexible on social issues as local employees would like them to be.
B)  Exploiting employees by working them long hours at low pay.
C)  Complying with the ethical standards of the people they employ,in the countries in which they are operating.
D)  Responding to their stockholders desire for profits.E) All of the above
F) A) and B)

Question 7

Customers learn to trust companies that consistently demonstrate good behavior.Those same companies can lose this position with one,socially irresponsible activity.

Accepted Answer

A) True 
 B)False

Question 8

An integrity-based ethics code moves beyond legal compliance in order to create a "do-the-right-thing" climate.
An integrity-based ethics code emphasizes ethically sound behavior,and shared accountability among employees.

Accepted Answer

A) True 
 B)False

Question 9

Insider trading involves:

Accepted Answer

A)  an Internet activity that establishes a barter exchange system between businesses.
B)  investors using private company information to further their own fortunes.
C)  the exchange of assets between companies in the same industry.
D)  a payment or reward for socially conscious behavior.E) A) and B)
F) A) and C)

Question 10

The Foreign Corrupt Practices Act deals with:

Accepted Answer

A)  prison labor involved in international trade.
B)  high seas piracy that has had a resurgence in the past five years.
C)  bribery to obtain business.
D)  product safety concerns such as the dog food scare of 2008.E) None of the above
F) C) and D)

Question 11

Ethical dilemmas in business:

Accepted Answer

A)  force us to make poor choices.
B)  always end up bringing out the best in us.
C)  often force us to choose between equally unsatisfactory alternatives.
D)  define us as being moral absolutists or moral situationalists.E) A) and B)
F) A) and C)

Question 12

In light of the fact that over 60% of all theft in retail stores is committed by employees,New Generations Clothier,Inc. ,requires that managers personally unlock fitting rooms for all sales associates and count the number of items associates take to the fitting rooms.This policy is written in the company manual.Breaking with the policy is grounds for dismissal.It is correct to say that this is part of New Generations' compliance-based ethics.
Compliance-based ethics are internal rules and policies that govern the way a company operates.Non-compliant employees are breaking the law and subject to reprimand.In some cases they can lose their jobs.

Accepted Answer

A) True 
 B)False

Question 13

After developing a code of ethics,it should be communicated to:

Accepted Answer

A)  everyone with whom the business has dealings.
B)  the Attorney General in jurisdictions where the business has operations.
C)  all levels of management.
D)  stockholders.E) A) and B)
F) C) and D)

Question 14

The International Organization for Standardization (ISO)plans to publish a standard on social responsibility called ISO 26000.

Accepted Answer

A) True 
 B)False

Question 15

The danger in writing new laws to correct behavior is that:

Accepted Answer

A)  People may begin to think that any behavior that is legal is acceptable.
B)  People will see the difference between ethics and legality.
C)  Legal behavior will reflect the totality of people's relations with one another.
D)  There will not be enough jails to house those who break the law.E) A) and B)
F) B) and C)

Question 16

While telling an abusive joke about an ethnic group may not be unlawful,it is unethical.
Humor at someone else's expense is an example of unfair treatment of others.

Accepted Answer

A) True 
 B)False

Question 17

J. D.the need for whistleblowers abroad. Developing nations do not have the same labor standards as well-developed nations.In order to get ahead,employees in developing nations are willing to work in what is often considered poor working conditions to workers in the U.S.Job choices are meager.Workers are willing to work for long hours,in poor conditions,for a few cents more each hour.

Accepted Answer

A)  corporate philanthropy differences in different countries.
B)  social responsibility differences between similar firms,but in different countries.
C)  difference in corporate social initiatives in foreign nations.
D)  started working for an export trading company right out of college.His job took him to Asia on several occasions,where he interacted with manufacturers and got to practice his limited Chinese.He was amazed to see the difference in working conditions in the developing nations where he visited,compared to similar operations in the U.S.The expectations of workers were not the same.J.D.'s experience is an example of:E) A) and B)
F) B) and D)

Question 18

When discussing moral and ethical issues,it is helpful to remember that ethical behavior begins with __________________.

Accepted Answer

A)  schools
B)  religious institutions
C)  law enforcement officers
D)  each of usE) C) and D)
F) B) and C)

Question 19

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) None of the above
F) All of the above

Question 20

Which of the following would most likely involve ethical concerns?

Accepted Answer

A)  Overstating an expense report.
B)  Forecasting sales for the next year.
C)  Developing the marketing plan for the next year.
D)  Improving working conditions.E) None of the above
F) A) and B)

Exam 4: Demanding Ethical and Socially Responsible Behavior

In the long run,a firm's loyalty to their employees can pay off financially.

Correct Answer
verified

Ethical dilemmas in business:

Correct Answer
verified

When discussing moral and ethical issues,it is helpful to remember that ethical behavior begins with __________________.

Correct Answer
verified

Establishing a formal code of ethics is:

Correct Answer
verified

Correct Answer
verified

The boxed material entitled "Reaching Beyond Our Borders" that told the story about Joe,the Motorola engineer,suggests that U.S.firms operating overseas are:

Correct Answer
verified

While telling an abusive joke about an ethnic group may not be unlawful,it is unethical. Humor at someone else's expense is an example of unfair treatment of others.

Correct Answer
verified

Businesses have a social responsibility to create jobs.

Correct Answer
verified

An integrity-based ethics code moves beyond legal compliance in order to create a "do-the-right-thing" climate. An integrity-based ethics code emphasizes ethically sound behavior,and shared accountability among employees.

Correct Answer
verified

The Foreign Corrupt Practices Act deals with:

Correct Answer
verified

Customers learn to trust companies that consistently demonstrate good behavior.Those same companies can lose this position with one,socially irresponsible activity.

Correct Answer
verified

Insider trading involves:

Correct Answer
verified

After developing a code of ethics,it should be communicated to:

Correct Answer
verified

Legal behavior and ethical behavior are basically the same.

Correct Answer
verified

Which of the following would most likely involve ethical concerns?

Correct Answer
verified

The danger in writing new laws to correct behavior is that:

Correct Answer
verified

The International Organization for Standardization (ISO)plans to publish a standard on social responsibility called ISO 26000.

Correct Answer
verified

A phone call to a government official by an employee of the Enron Corporation disclosed the deception and dishonesty of the firm's accounting records.This employee played the role of a:

Correct Answer
verified

Compliance based ethics codes typically:

Correct Answer
verified

Correct Answer
verified

Exam 4: Demanding Ethical and Socially Responsible Behavior

In the long run,a firm's loyalty to their employees can pay off financially.

Correct AnswerverifiedShow Answer

Ethical dilemmas in business:

Correct AnswerverifiedShow Answer

When discussing moral and ethical issues,it is helpful to remember that ethical behavior begins with __________________.

Correct AnswerverifiedShow Answer

Establishing a formal code of ethics is:

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

The boxed material entitled "Reaching Beyond Our Borders" that told the story about Joe,the Motorola engineer,suggests that U.S.firms operating overseas are:

Correct AnswerverifiedShow Answer

While telling an abusive joke about an ethnic group may not be unlawful,it is unethical. Humor at someone else's expense is an example of unfair treatment of others.

Correct AnswerverifiedShow Answer

Businesses have a social responsibility to create jobs.

Correct AnswerverifiedShow Answer

An integrity-based ethics code moves beyond legal compliance in order to create a "do-the-right-thing" climate. An integrity-based ethics code emphasizes ethically sound behavior,and shared accountability among employees.

Correct AnswerverifiedShow Answer

The Foreign Corrupt Practices Act deals with:

Correct AnswerverifiedShow Answer

Customers learn to trust companies that consistently demonstrate good behavior.Those same companies can lose this position with one,socially irresponsible activity.

Correct AnswerverifiedShow Answer

Insider trading involves:

Correct AnswerverifiedShow Answer

After developing a code of ethics,it should be communicated to:

Correct AnswerverifiedShow Answer

Legal behavior and ethical behavior are basically the same.

Correct AnswerverifiedShow Answer

Which of the following would most likely involve ethical concerns?

Correct AnswerverifiedShow Answer

The danger in writing new laws to correct behavior is that:

Correct AnswerverifiedShow Answer

The International Organization for Standardization (ISO)plans to publish a standard on social responsibility called ISO 26000.

Correct AnswerverifiedShow Answer

A phone call to a government official by an employee of the Enron Corporation disclosed the deception and dishonesty of the firm's accounting records.This employee played the role of a:

Correct AnswerverifiedShow Answer

Compliance based ethics codes typically:

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

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