Exam 4: Business Ethics and Social Responsibility

Identify three ethical issues that you might face in a business.

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

Factory emissions, including sulfur and other gases, mix with air and rain to produce air pollution in the form of _____.

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

Topics covered in Hershey's Code of Conduct include the use of corporate funds and resources, conflict of interest, and the protection of proprietary information.

Because it occurs naturally, deforestation through burning is not a major source of air pollution.

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

The use of private information about a company for personal financial benefit is called insider training.

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 _____.

Which of the following criteria are helpful in distinguishing a bribe from a gift?

_____ can be defined as the principle of providing products today that don't compromise the ability of future generations to meet their needs.

In 1982, Tylenol capsules laced with ____ caused several deaths.

Scenario-Based 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. -If Kari reports the owners to the health department because they refuse admit to disclose what happened, she'd be called a _____.

Generally speaking, in terms of ethics, the next generation entering business will find a world that's _____ than the one encountered by the previous generation.

Betty Vinson believed that her superiors at WorldCom would take full responsibility for the accounting fraud in which she participated.

A man newly hired at the same time as a woman will often get _____.

According to one study, all of the following are common rationalizations for justifying misconduct _____.

According to its "Statement of Purpose," _____ exists as a business to inspire and implement solutions to the environmental crisis.

In the 1990's, Nike was heavily criticized for its labor practices.Today the company works closely with agencies around the world to improve global working conditions.What stage of corporate responsibility has Nike progressed to?

J.C.Penney's _____ states that employees cannot accept any cash gifts or any noncash gifts except those which have a value below $50.