Exam 4: Demanding Ethical and Socially Responsible Behavior

In order to be successful, efforts to improve the ethical behavior of businesses must begin with top management's support of a corporate code of conduct.

The social audit is

The International Organization for Standardization (ISO) plans to publish a standard on social responsibility called ISO 26000.

Both managers and workers cite low managerial ethics as a major cause of American businesses' competitive woes.

With respect to business ethics, it can be said "it takes two to tango." This indicates that

Businesses are under more and more pressure from society to be socially responsible. However, even the strongest advocates for corporate responsibility can't seem to agree

The green movement

After developing a code of ethics, it should be communicated to

Which of the following is a characteristic of an effective ethics officer?

A large amount of retail theft is committed by employees; therefore, Suit Up, Inc., requires that managers personally unlock fitting rooms and count the number of items taken to the fitting rooms by not just customers but sales associates too. This policy is written in the company manual and breaking with the policy is grounds for dismissal. It is correct to say that this is part of Suit Up's compliance-based ethics.

U.S. businesses have little influence over the behavior of businesses from other countries.

What is the benefit of employing an ethics officer?

Which of the following questions will help individuals and organizations when deciding if their decisions are ethical?

Insider trading involves

Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.

Investors today are realizing financial benefit by investing in

Trying to make decisions that will benefit all parties involved is consistent with the question "How will it make me feel about myself?"

Creating competition between employees within the corporation

Corporate social responsibility covers all those social issues outside our businesses that affect customers and the environment, but not internal issues such as employee considerations and work safety. Internal issues are covered by business laws.

Due to the complicated laws and ethical standards abroad, U.S. businesses are encouraged to adopt a "don't ask, don't tell" policy.