Exam 4: Business Ethics and Social Responsibility

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

As an employee, your primary responsibility is to your employer.

A benefit enjoyed by companies that recognize issues of social importance and address is the ability to attract and retain talented employees.

What does an ethical decision entail?

In balancing its responsibilities toward all stakeholders when making legal, economic, ethical, and social decisions, Condare Upholstery Supply Inc.takes an approach to organizational activities called _____.

_____ and decisiveness are the best responses to unethical behavior.

It's possible that the activities of these employees, though not illegal, may be considered unethical by those in authority over the manager.

A company that consistently makes _____ magazine's list of the "100 Best Corporate Citizens" is typically regarded as an "ethical" company.

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

Scenario-Based 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.

The late Actor, Paul Newman, made such large profits from "Newman's Own" foods that he donated some to seriously ill children.

Executives at Johns Manville tried to suppress evidence that;

Johnson & Johnson received tremendous praise for its treatment of the Tylenol catastrophe.Later, though, it found itself being charged for an accounting scandal.

Of all the people involved in this business, who needs ethics counseling?

Some employees are justified in thinking that because upper management isn't doing enough to control questionable behavior, they can't remain in an ethically toxic environment without losing some of their own integrity.

Betty Vinson blew the whistle on fraudulent activities at Enron.

Criticism of McDonald's food choices did not upset its customers who believed that it was up to them to set limits on what and how much they ate.

Among the consumer rights cited by President John F.Kennedy in 1962 is the right to safe products.

Organizational leaders must be willing to _____ and take appropriate action.

The Wells Fargo scandal taught the company this lesson: "You get what you measure, even if it is not what you wanted."