Exam 4: Business Ethics and Social Responsibility

Betty Vinson blew the whistle on fraudulent activities at Enron.

The misdeeds of Betty Vinson and her accomplices at WorldCom didn't go undetected.They caught the eye of Cynthia Cooper,who could have looked the other way but chose instead to be a(n)_____.

Executives at Big Book Inc.had uncovered an internal problem involving embezzlement in the royalty department.In having to decide whether to go to the police or handle the problem themselves,they were faced with the possibility of a(n)_____.

Procter & Gamble uses a measure of worker safety called "total misconduct rate per employee."

In 2002,a federal law known as the _____ Act was created to protect whistle-blowers.

Owners are the stakeholders who invest _____ in a firm in expectation of financial return.

Bonita and Samuel are concerned about some workplace activities on the part of four coworkers. One employee, for example, makes frequent personal long distance phone calls, and all four take home office supplies that they don’t replace. Because management hasn’t stopped them (and even seems to be turning a blind eye), other employees are beginning to think that such activities are quite acceptable. -An ethical lapse may occur when you must choose between taking actions that promote your personal interests over the interests of others.

A survey of 200 whistle-blowers conducted by the National Whistleblower Center revealed that _____ had been fired by their respective employers.

In planning a statement of core values and a code of ethics for his start-up company,Gordon McDonald realized that ethical organizational activities include all of the following except _____.

_____ and decisiveness are the best responses to unethical behavior.

Betty Vinson,an employee of the long-distance provider WorldCom,was put in jail for supporting her employer's fraudulent activities.

When you say to yourself,"I know I lied to make the deal,but it'll bring in a lot of business and pay a lot of bills," which of the four common rationalizations for misconduct are you using?

In contrast to the "right-versus-right" problem posed by an ethical dilemma,the problem posed by a(n)_____ entails a "right-versus-wrong" decision.

An ethical dilemma is a morally problematic situation.

When Betty Vinson made her first accounting adjustment to boost WorldCom's income,she didn't believe she was doing anything unethical because she was merely following orders from her boss.

Bonita and Samuel are concerned about some workplace activities on the part of four coworkers. One employee, for example, makes frequent personal long distance phone calls, and all four take home office supplies that they don’t replace. Because management hasn’t stopped them (and even seems to be turning a blind eye), other employees are beginning to think that such activities are quite acceptable. -The activities of the four employees are unethical because they're illegal.

Ethical challenges arise in business because organizations have multiple stakeholders and because stakeholders make conflicting demands.

Bonita and Samuel are concerned about some workplace activities on the part of four coworkers. One employee, for example, makes frequent personal long distance phone calls, and all four take home office supplies that they don’t replace. Because management hasn’t stopped them (and even seems to be turning a blind eye), other employees are beginning to think that such activities are quite acceptable. -As an employee,your primary responsibility is to your employer.

In the early 1990s,many workers at Sears automotive service centers became suspicious about policies governing interactions with _____.

According to one whistle-blower,whistle-blowers are usually treated like_____ by some coworkers.