Exam 2: Business Ethics and Social Responsibility

The best way to describe a code of conduct is a formal document that must be printed.

In addition to financial assessments,Dominic has arranged for his company to conduct a(n)_____ to evaluate activities that relate to social issues such as employment practices,environmental protection,and philanthropy.

Fabio makes a point of turning off the lights in his office when he is not using it because it saves his company money and saves energy for the environment.Fabio is in the _____ stage of ethical development.

______ refers to adhering to deeply felt ethical principles in business situations.

When management at ABC Manufacturing considers social and economic issues in decision making,the company is practicing _____.

ABC Manufacturing Company removes a profitable product from the market because it may be dangerous.ABC is demonstrating _____.

At Home Pharma,a pharmaceutical company,has developed a drug to manage multiple sclerosis.If the company wishes to uphold the customer's right to choose,which of the following actions should it take?

A formal procedure that identifies and evaluates all company activities relating to social issues is known as a(n)_____.

Developing a close personal relationship with a client or supplier is only a conflict of interest if others find out about the relationship.

Jumeriah,the sales manager at Toddler Toys,decides to double each salesperson's monthly quota.What impact is this action likely to have on the company's ethical climate?

Employers expect employees to generally act in the best interests of the organization.

All of the following are n examples of unethical or illegal acts in the workplace EXCEPT:

Riya and her husband Giovanni work full-time jobs and are struggling to manage their time efficiently.They have a five-year-old child and are also responsible for caring for Giovanni's father,who needs to be taken to physical therapy every day.Which of the following do Riya and Giovanni best exemplify?

All of the following are current social issues related to business's responsibilities to employees EXCEPT _____.

Fariba does not make personal long-distance phone calls at work because it will cost her employer money.Fariba is in the _____ stage of ethical development.

Which of the following statements is correct?

Publicly traded companies,under the Security and Exchange Commission (SEC),are required to announce major information to the general public,rather than first disclosing the information to selected major investors.

Sexual harassment is divided into two categories: pressure to comply with unwelcome advances for job security and a hostile work environment.

There are more male victims of sexual harassment than females.

Businesses exercise social responsibility for all of the following reasons EXCEPT _____.