Exam 4: Demanding Ethical and Socially Responsible Behavior

Beer brewers, both large and small, often encourage their customers to drink responsibly. This reflects a compliance-based approach to ethics.

One good reason for managing a business ethically is to help reduce employee turnover.

Your friend, Marco, offers to share with you a paper he wrote for his Introduction to Business class last semester. When you tell him that it wouldn't be fair, he reminds you of your habit of reading an entire book at Barnes & Noble without paying for the book. Which ethics-based question would be most helpful in evaluating these situations?

Corporate social responsibility describes the firm's

Corporate ________ covers issues such as treating employees fairly and ethically.

Which of the following would most likely involve ethical concerns?

All else being equal, socially responsible firms

The question "Is it legal?" establishes ethical behavior.

Laws that protect us from fraud, theft, and violence determine ethical behavior.

A phone call to a government official by an employee of the Enron Corporation disclosed the deception and dishonesty of the firm's accounting records. This employee played the role of a

Two recent studies found no correlation between academic dishonesty among undergraduates and dishonesty at work.

Which of the following terms describes someone who reports illegal or unethical behavior?

"Do what I say, not what I do" can be an effective code of conduct to instill corporate values.

A firm's net social contribution is a company report that measures the difference between its positive social contributions and its negative social impact.

Which of the following statements best describes a firm's commitment to its customers?

An ethical dilemma refers to a situation where you must

Micah often takes longer lunch breaks than allowed. Melissa chooses to use her work computer to check out her personal Twitter account instead of using up her phone's data. Louis misrepresents his product to a potential customer. All of these are examples of unethical behavior.

Purposefully understating your firm's income to avoid paying higher taxes is an example of

To improve America's business ethics

Opponents of corporate social responsibility argue that when companies use their profits to promote social causes, they are not being fair to investors who provided the funds for the purpose of financial gain.