Exam 4: Business Ethics and Social Responsibility

Herb and Betty Cogwell are husband-and-wife owners of a regional chain of restaurants with 108 employees. Recently, one of their chefs discovered some spoiled produce that had been delivered by one of the company’s regular suppliers. The products were sent only to one restaurant and Herb and Betty weren’t aware of the problem until two customers became ill. Why hadn’t the chef reported the tainted food? He didn’t see any reason for implicating the supplier, and he thought that, with the proper preparation, he could avoid any problems with it. He was, of course, wrong. Subsequently, Kari, a waitress, overheard Herb and Betty discussing the problem and was ready to report them to the authorities if they didn’t take responsibility for their chef’s actions. -Betty and Herb should probably have created a document detailing the procedures to follow in the event of such an incident (after all,it's not an uncommon occurrence in the food-services business).Such a document is usually called a _____.

All of the following are true about Betty Vinson's decisions at WorldCom except:

Pillows have labels identifying the materials used to make them because of President John F.Kennedy's bill of consumer rights.

Neal works for a company with a contract to cater events for a community college while his uncle Daniel owns a bakery which also caters locally.The potential ethical issue that he's facing is best characterized as a matter of _____.

Although Cynthia Cooper did the right thing in exposing fraud at WorldCom,many coworkers _____ her.

When you ask yourself the question,"If I didn't get caught,did I really do it?" which of the four common rationalizations for misconduct are you using?

Bernie Madoff Investment Securities is one of several companies that consistently make Business Ethics magazine's list of the "100 Best Corporate Citizens."

Believe it or not,it's in the best interest of Patricia Nimoy's small accounting firm to operate _____.

Because they invest risk capital in a firm in order to realize a financial return,owners can't be regarded as stakeholders.

One of the four common rationalizations for justifying misconduct is reasoning that "The company will excuse my action and protect me."

The Bill and Melinda Gates Foundation currently funds all of the following initiatives except:

Which of the following is the best definition of business ethics?

Ethics in an organization is based solely on personal values.

Unethical behavior in organizations can be reduced if management does all of the following except:

At Procter & Gamble,a worker-safety program measures all of the following except _____.

What are you doing when you're "dumpster-diving"?

According to Johnson & Johnson then CEO James Burke,his only regret in the wake of the Tylenol tampering tragedy was the fact that the:

All of the following should usually be considered inappropriate behavior except:

Most contaminants in our water come from agricultural chemicals.

The rights identified by the consumer bill of rights include all of the following except _____.