Exam 2: Business Ethics and Social Responsibility

MATCHING Complete the following using the terms listed. -The standards of conduct and moral values governing actions and decisions in the work environment are _____.

When Target Inc. donates 5 percent of its federally taxable income to non-profit groups, the company is highlighting its _____.

Successful managers are often able to discover that there is a clear-cut answer between what's right and what's wrong.

On average, women with a college degree earn less money than men with a college degree. This is an example of _____.

MATCHING Complete the following using the terms listed. -Having _____ means adhering to deeply felt ethical principles in all business situations.

Aimon makes a point of turning off the lights in his office when he is not using it because it saves his company money and saves energy for the environment. Aimon is in the _____ stage of ethical development.

Historically, a company's social performance has been measured by its contribution to the overall economy and the employment opportunities it provides.

An individual employee acting ethically will have little influence on his or her coworkers.

The public demand that businesses give proper consideration to consumer wants and needs in making its decisions is known as _____.

Bayarmaa discovered unlawful conduct at her company and notified authorities. Under the Sarbanes-Oxley Act of 2002, anyone who retaliates against Bayarmaa can be prosecuted.

Formally stating that employees must not discriminate on the basis of race, gender, or age in their dealings with customers is something that could be found in a company code of conduct.

Many people rationalize unethical acts at work because they _____.

Divya refrains from "padding" her expense account because it will hurt the company. Divya is at the preconventional stage of moral and ethical development.

Why is ethical leadership so important?

One of the first steps in the establishment of sound business ethics is to help employees identify ethical problems when they occur.

How should a businessperson deal with a conflict of interest?

Veata's supervisor asks her to conceal information from external auditors examining the company's financial records. What is Veata's ethical challenge?

Companies that adhere to high ethical standards _____.

Truthfulness is more significant than integrity.

Online simulation training such as the Ethics Challenge can help to improve ethical _____.