Exam 4: Business Ethics and Social Responsibility

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A whistle-blower is an individual who exposes illegal or unethical behavior in an organization.

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WorldCom CEO Bernie Ebbers is in prison for siphoning off billions of dollars to support an extravagant lifestyle and bankrupting the company in the process.

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Most contaminants in our water come from agricultural chemicals.

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Explain corporate social responsibility.

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If you're on the receiving end, it's ethical behavior to refuse any item that's overly generous or given for the purpose of influencing a business decision.

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The automobile industry conducts extensive safety testing before introducing new models, and recalls _____.

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

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Rather than publish a code of ethics, management must in this case train employees to pay more serious attention to the company code of conduct.

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Companies tainted by questionable ethics suffer from higher employee turnover than trustworthy firms.

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Identify two business?related threats to the natural environment.

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Believe it or not, it's in the best interests of a company to operate unethically.

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Name three ways that companies can benefit from being ethical.

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The only way employees at Wells Fargo were able to keep their jobs was to meet a quota set by the company.To meet this quota they were required to set up a certain number of new banking and credit card accounts.Which of the following statements is false:

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Acid rain is an accumulation of sulfur and other gases, air, and water.

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

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Explain the concept of an ethical lapse.

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

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To what fraudulent activities did Volkswagen executives plead guilty in the fall of 2015? What was the effect of these activities on the company?

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Employees look to only their fellow employees to communicate policies and practices regarding ethical behavior.

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The chef's mistake was in trying to rationalize the situation.Which of the following is regarded as a common rationalization for workplace misconduct?

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