Exam 2: Business Ethics and Social Responsibility

An example of a social responsibility revolving around public health is helping employees stop smoking.

Some people resort to whistle-blowing because they believe the unethical behavior is causing significant damage that outweighs the risk that the company will retaliate against the whistle-blower.

Social audits measure the level of volunteer work conducted in communities.

A "green" product that claims to be environmentally friendly must be substantiated in accordance with guidelines presented by the Federal Trade Commission.

Consumerism is the public demand that a business consider the wants and needs of its customers in making decisions.

_____ requires that companies in the private sector provide procedures for anonymous reporting of accusations of fraud.

Gurdeep decides not to cheat on his exam because he fears he will be caught and receive no credit if he is caught.Gurdeep is in the _____ stage of his ethical development.

An advertising agency representing two companies that compete with one another has an obvious conflict of interest.

Samira refrains from "padding" her expense account because it will hurt the company.Samira is at the preconventional stage of moral and ethical development.

Social responsibility,in a general sense,is management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating the company's performance.

The Occupational Safety and Health Administration (OSHA)sets standards for workplace safety and investigates workplace accidents.

Businesses have responsibilities to which of these?

Sexism is a form of sex discrimination that violates the Civil Rights Act of 1964,which gives both men and women the right to file lawsuits for intentional sexual harassment.

Under which of these,the belief is that business,as part of its role,owes its existence to improving the society in which it operates?

Historically,a company's social performance has been measured by its contribution to the overall economy and the employment opportunities it provides.

Which federal agency is responsible for ensuring the safety of prescription drugs?

Employers have a responsibility to their employees to provide a safe working environment.

Neha has moved beyond her own needs and desires and takes the needs of society into consideration when making decisions.In which stage of ethical development is Neha?

Today,codes of conduct are playing an increasingly important role in business ethics.

A manager who doubles employee performance goals every quarter most likely will see an increase in the number of ethically questionable actions by employees.