Exam 4: The Ethical and Social Environment

Sherron Watkins made repeated attempts to bring questionable accounting practices to the attention of Enron's top management.She was a(n)____________________.

Kweku Adoboli was arrested after losing $2.3 billion of UBS global equities.Adoboli's actions were

The University of Michigan rented the stadium to a couple,both graduates,for their wedding on the fifty yard line.The couple said it was a dream come true.This is an example of

A(n)____________________ occurs when a decision potentially benefits the individual to the possible detriment of the organization.

The Obama administration terminated the space shuttle program.It argued that private business would rise to the challenge of space travel.In the mean time the U.S.will pay Russia to transport astronauts and the price continues to rise.Use the arguments for and against social responsibility to examine this decision.Do you agree or disagree with the administration?

John Kopchinski,a former Pfizer sales representative,earned more than $51.5 million as a result of his lawsuit against the world's biggest drug maker and the record penalty the company must pay the U.S.government for its massive marketing transgressions.Kopchinski used whistle-blowing,a(n)____,to bring attention to the problem.

NBD,a financial institution headquartered in Detroit,matches its employees' contributions to universities and colleges.This is an example of the ____ approach to social responsibility.

____________________,organization culture,and how the organization responds to whistleblowers all help shape and define people's perceptions of the organization's stance on social responsibility.

A firm is taking a(n)____ stance when it actively looks for ways to benefit society as well as meeting its obligations and responding to requests.

Siemens is primarily an engineering company.Employees in the U.S.volunteer to run Siemens Science Day in schools and hospitals to get children excited about science.The passion for science is part of the informal organization dimension

Ethics are cultural beliefs about whether behavior,actions,or decisions are right or wrong.

Traditionally,experts have suggested a three-step model for applying ethical judgments to situations that may arise during the course of business activities.The first step is to

John Kopchinski,a former Pfizer sales representative,earned more than $51.5 million as a result of his lawsuit against the world's biggest drug maker and the record penalty the company must pay the U.S.government for its massive marketing transgressions.He engaged in

The Chronicle of Philanthropy reported that corporate giving in 2010 rose nearly 20% after declining 7.5% in 2009 during a recession.Do you see any flaw in arguing that organizations don't have the resources for social programs and therefore they should not get involved? Explain.

Which of the following is NOT one of the arguments offered by those who oppose corporations habitually engaging in social responsibility programs?

If competitors from different countries are giving bribes to get contracts in developing countries,it is acceptable under U.S.law that a U.S.company can do the same if it can show competitive reasoning.

Abbott Laboratories committed more than $6.5 million to partner with Partners In Health to address malnutrition in Haiti.This is an example of ____________________.

The Equal Employee Opportunity Commission is one agency involved in oversight of public companies.This is a form of ____________________ regulation.

____________________ compliance is the extent to which a firm lives up to the basic statutory requirements governing its operations.

____________________ compliance is the establishment of formal committees to evaluate alleged ethical misconduct by an employee.