Exam 2: Business Ethics and Social Responsibility

_____ is management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating performance.

Matt was diagnosed with a serious illness that requires aggressive treatment.Because his company employs 50 or more people,it must allow Matt up to 12 weeks unpaid time off in one year,as granted by the _____.

Some companies issue a code of conduct or statement of values in the form of a small card that employees and managers can carry with them.

Jose's boss has offered him a raise if Jose agrees to spend the night with her.This is an example of _____.

Some employees rationalize questionable or unethical behavior by saying,"Everyone does it."

Roderick works in an organization that manufactures goods that is in compliance with the standards set by the Federal Trade Commission.All of its products have little or no ill effect on the environment and hence has earned itself a nice reputation in the industry.The company's marketing strategy is therefore developed on its reliance on safer and cleaner uses of resources.The company is practicing _____ marketing.

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

_______ refers to the unwelcome and inappropriate actions of a sexual nature in the workplace?

Individuals who focus only on their own interests when making decisions are at the _____ stage of ethical development.

Which of the following is an example of workplace discrimination?

An employee who "goes public" with the evidence of improper actions by his or her employer is known as a whistle-blower.

Individual employees have a major influence over ethical expectations and behavior.

In developed countries,most job positions prefer to hire applicants with college degrees.

According to _____ standards,when a drug company purchases a television ad,the company is required to describe potential side effects of the drug,or at least provide a phone number or Web site address for additional information.

"What is profitable" is the first and foremost consideration of ethical corporations.

Social audits conducted internally are of no value because they are always biased in favor of the company.

Informal business surveys that report customer satisfaction with a company's products are called social audits.

With the cooperation of higher-level managers,whistle-blowing can be effective.

An example of something that might be found in a company's code of conduct is "maintaining an atmosphere of cultural integrity."

Timbonei Inc.allows its employees to take paid six-month sabbatical leaves to work for non-profit organizations.This is an example of _____.