Question 1

A code of conduct is a formal document that must be printed.

Accepted Answer

A) True 
 B)False

Question 2

MATCHING
Complete the following using the terms listed.
-A situation where a business decision may be influenced by the potential for personal gain is a(n) _____.

Accepted Answer

A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing 
A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing

Question 3

Which of the following statements is correct?

Accepted Answer

A)  Ethical conflicts usually arise in trying to serve the needs of separate constituents. 
B)  Setting ethical standards is always clear-cut. 
C)  The ethical values of individual employees have no influence on the decisions and actions a business takes. 
D)  Setting ethical standards is easy. 
A)  Ethical conflicts usually arise in trying to serve the needs of separate constituents. 
B)  Setting ethical standards is always clear-cut. 
C)  The ethical values of individual employees have no influence on the decisions and actions a business takes. 
D)  Setting ethical standards is easy.

Question 4

Describe the factors that influence an individual's business ethics.

Accepted Answer

An individual's business ethics is shape

Question 5

Paying corporate taxes is an example of corporate philanthropy.

Accepted Answer

A) True 
 B)False

Question 6

Explain how state and federal agencies carry out their responsibilities of protecting investors from financial misdeeds. Include examples of specific organizations and agencies.

Accepted Answer

At the federal level, the Securities and

Question 7

Under the Sarbanes-Oxley Act of 2002, anyone who retaliates against an employee for taking concerns of unlawful conduct to a public official can be prosecuted.

Accepted Answer

A) True 
 B)False

Question 8

In a general sense, social responsibility is management's acceptance of the obligation to consider profit, consumer satisfaction, and societal well-being of equal value in evaluating the firm's performance.

Accepted Answer

A) True 
 B)False

Question 9

The Occupational Safety and Health Administration (OSHA) sets standards for workplace safety and investigates workplace accidents.

Accepted Answer

A) True 
 B)False

Question 10

Hemi is a reckless driver and always jumps the red light in the absence of any patrol officers, but he refrains from speeding on highways as he is fearful of paying up hefty fines to patrol officers. Hemi is most likely to be in the _____ stage of ethical development.

Accepted Answer

A)  preconventional 
B)  postconventional 
C)  conventional 
D)  unconventional 
A)  preconventional 
B)  postconventional 
C)  conventional 
D)  unconventional

Question 11

Sexism is a form of sex discrimination that violates the Civil Rights Act of 1964, which gives both men and women the right to file lawsuits for intentional sexual harassment.

Accepted Answer

A) True 
 B)False

Question 12

The sales manager decides to double each salesperson's monthly quota. What impact is this action likely to have on the company's ethical climate?

Accepted Answer

A)  It will improve. 
B)  It will remain the same. 
C)  It will deteriorate. 
D)  It will generate healthy competition. 
A)  It will improve. 
B)  It will remain the same. 
C)  It will deteriorate. 
D)  It will generate healthy competition.

Question 13

Individual employees have a major influence over ethical expectations and behavior.

Accepted Answer

A) True 
 B)False

Question 14

Individuals who focus only on their own interests when making decisions are at the _____ stage of ethical development.

Accepted Answer

A)  preconventional 
B)  conventional 
C)  postconventional 
D)  unconventional 
A)  preconventional 
B)  conventional 
C)  postconventional 
D)  unconventional

Question 15

Some people resort to whistle-blowing because they believe the unethical behavior is causing significant damage that outweighs the risk that the company will retaliate against the whistle-blower.

Accepted Answer

A) True 
 B)False

Question 16

MATCHING
Complete the following using the terms listed.
-_____ refers to the responsibility of manufacturers for injuries and damages caused by their goods.

Accepted Answer

A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing 
A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing

Question 17

Ethical _______ changes each employee personally to uphold the company's core values and be willing to base their actions on them.

Accepted Answer

A)  leadership 
B)  awareness 
C)  action 
D)  reasoning 
A)  leadership 
B)  awareness 
C)  action 
D)  reasoning

Question 18

_____ requires that firms in the private sector provide procedures for anonymous reporting of accusations of fraud.

Accepted Answer

A)  Americans with Disabilities Act 
B)  Sarbanes-Oxley Act 
C)  Consumer Rights Act 
D)  Genetic Information Nondiscrimination Act of 2008 
A)  Americans with Disabilities Act 
B)  Sarbanes-Oxley Act 
C)  Consumer Rights Act 
D)  Genetic Information Nondiscrimination Act of 2008

Question 19

MATCHING
Complete the following using the terms listed.
-The _____ is a law that protects whistle-blowers who file a lawsuit on behalf of the government if they believe that a company has somehow defrauded the government.

Accepted Answer

A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing 
A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing

Question 20

MATCHING
Complete the following using the terms listed.
-A formal statement that defines how an organization expects and requires employees to resolve ethical questions is a(n) _____.

Accepted Answer

A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing 
A) Securities and Exchange Commission (SE
C)  
B) Occupational Safety and Health Administration (OSH
A)  
C) False Claims Act 
D) integrity 
E) social audit
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)Product liability
L)postconventional stage
M)Regulation FD
N)Whistle-blowing
O)green marketing

A code of conduct is a formal document that must be printed.

MATCHING Complete the following using the terms listed. -A situation where a business decision may be influenced by the potential for personal gain is a(n) _____.

Which of the following statements is correct?

Describe the factors that influence an individual's business ethics.

Paying corporate taxes is an example of corporate philanthropy.

Explain how state and federal agencies carry out their responsibilities of protecting investors from financial misdeeds. Include examples of specific organizations and agencies.

Under the Sarbanes-Oxley Act of 2002, anyone who retaliates against an employee for taking concerns of unlawful conduct to a public official can be prosecuted.

In a general sense, social responsibility is management's acceptance of the obligation to consider profit, consumer satisfaction, and societal well-being of equal value in evaluating the firm's performance.

The Occupational Safety and Health Administration (OSHA) sets standards for workplace safety and investigates workplace accidents.

Hemi is a reckless driver and always jumps the red light in the absence of any patrol officers, but he refrains from speeding on highways as he is fearful of paying up hefty fines to patrol officers. Hemi is most likely to be in the _____ stage of ethical development.

Sexism is a form of sex discrimination that violates the Civil Rights Act of 1964, which gives both men and women the right to file lawsuits for intentional sexual harassment.

The sales manager decides to double each salesperson's monthly quota. What impact is this action likely to have on the company's ethical climate?

Individual employees have a major influence over ethical expectations and behavior.

Individuals who focus only on their own interests when making decisions are at the _____ stage of ethical development.

Some people resort to whistle-blowing because they believe the unethical behavior is causing significant damage that outweighs the risk that the company will retaliate against the whistle-blower.

MATCHING Complete the following using the terms listed. -_____ refers to the responsibility of manufacturers for injuries and damages caused by their goods.

Ethical _______ changes each employee personally to uphold the company's core values and be willing to base their actions on them.

_____ requires that firms in the private sector provide procedures for anonymous reporting of accusations of fraud.

MATCHING Complete the following using the terms listed. -The _____ is a law that protects whistle-blowers who file a lawsuit on behalf of the government if they believe that a company has somehow defrauded the government.

MATCHING Complete the following using the terms listed. -A formal statement that defines how an organization expects and requires employees to resolve ethical questions is a(n) _____.

The Changing Face of Business

Economic Challenges Facing Contemporary Business

Competing in World Markets

Forms of Business Ownership and Organization

Starting Your Own Business: the Entrepreneurship Alternative

Management, Leadership, and the Internal Organization

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, Teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Filters

Exam 2: Business Ethics and Social Responsibility

A code of conduct is a formal document that must be printed.

MATCHING Complete the following using the terms listed. -A situation where a business decision may be influenced by the potential for personal gain is a(n) _____.

Which of the following statements is correct?

Describe the factors that influence an individual's business ethics.

Paying corporate taxes is an example of corporate philanthropy.

Explain how state and federal agencies carry out their responsibilities of protecting investors from financial misdeeds. Include examples of specific organizations and agencies.

Under the Sarbanes-Oxley Act of 2002, anyone who retaliates against an employee for taking concerns of unlawful conduct to a public official can be prosecuted.

In a general sense, social responsibility is management's acceptance of the obligation to consider profit, consumer satisfaction, and societal well-being of equal value in evaluating the firm's performance.

The Occupational Safety and Health Administration (OSHA) sets standards for workplace safety and investigates workplace accidents.

Hemi is a reckless driver and always jumps the red light in the absence of any patrol officers, but he refrains from speeding on highways as he is fearful of paying up hefty fines to patrol officers. Hemi is most likely to be in the _____ stage of ethical development.

Sexism is a form of sex discrimination that violates the Civil Rights Act of 1964, which gives both men and women the right to file lawsuits for intentional sexual harassment.

The sales manager decides to double each salesperson's monthly quota. What impact is this action likely to have on the company's ethical climate?

Individual employees have a major influence over ethical expectations and behavior.

Individuals who focus only on their own interests when making decisions are at the _____ stage of ethical development.

Some people resort to whistle-blowing because they believe the unethical behavior is causing significant damage that outweighs the risk that the company will retaliate against the whistle-blower.

MATCHING Complete the following using the terms listed. -_____ refers to the responsibility of manufacturers for injuries and damages caused by their goods.

Ethical _______ changes each employee personally to uphold the company's core values and be willing to base their actions on them.

_____ requires that firms in the private sector provide procedures for anonymous reporting of accusations of fraud.

MATCHING Complete the following using the terms listed. -The _____ is a law that protects whistle-blowers who file a lawsuit on behalf of the government if they believe that a company has somehow defrauded the government.

MATCHING Complete the following using the terms listed. -A formal statement that defines how an organization expects and requires employees to resolve ethical questions is a(n) _____.

The Changing Face of Business

Economic Challenges Facing Contemporary Business

Competing in World Markets

Forms of Business Ownership and Organization

Starting Your Own Business: the Entrepreneurship Alternative

Management, Leadership, and the Internal Organization

Human Resource Management: From Recruitment to Labor Relations

Top Performance Through Empowerment, Teamwork, and Communication

Production and Operations Management

Customer-Driven Marketing

Product and Distribution Strategies

Promotion and Pricing Strategies

Using Technology to Manage Information

Understanding Accounting and Financial Statements

The Financial System

Financial Management

Filters