Exam 7: Business Ethics

Companies that provide employee support through ethical training programs (as opposed to companies that provide no training) generally have more effective ethics codes.

Adhering strictly to all business laws is all that is necessary to fulfill all business ethics obligations.

Religious rules generally are absolute with respect to the behavior of their adherents.

Corporations can be perceived as owing ethical duties to groups other than their shareholders.

An action may be legal but not ethical.

Housemate, Inc., makes and sells a variety of household products. With a fair amount of certainty, Housemate's decision makers can predict whether a given business action would be legal in​

The concept of corporate social responsibility is imposed on corporations by law.

Ethics is the study of the principles and conduct that guide business decision making based on what is right and good.

To assist in detecting illegal bribes, International Civil Engineers, Inc., and all other U.S. companies must​

Brewster, the chief executive officer of Cog & Gear Lubricants Corporation, wants to en-sure that Cog & Gear's activities are legal and ethical. The best course for Brewster and Cog & Gear is to act​

It may be unethical for a company to refuse to negotiate liability claims for alleged injuries because of a faulty product.

Sometimes, there is no "good" answer to the ethical questions that arise.