Exam 2: Business Ethics and Social Responsibility

A company's ethical training for employees should always be developed and conducted in house. True or false?

Your supervisor asks you to conceal information from outside auditors examining the company's financial records. What is your ethical challenge?

A formal procedure that identifies and evaluates all company activities relating to social issues is known as a(n) ___.

A code of conduct is part of the ethical awareness stage of ethical development.

A formal statement that defines how the organization expects and requires employees to resolve ethical questions is ___.

Businesses should ___.

Complete the following using the terms listed. -___ refers to businesses giving back to the communities in which they earn profits.

Describe the factors that influence business ethics.

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) ___.

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

Outside auditors are examining your company's financial records. You know there may be an error and will tell them about it but only if they ask. They do NOT ask. In this scenario, your ___ could be questioned.

In addition to financial assessments, Dominic has arranged for his company to conduct a(n) ___ to evaluate activities that relate to social issues, such as employment practices, environmental protection, and philanthropy.

A manager who doubles employee performance goals every quarter most likely will see an increase in the number of ethically questionable actions by employees.

During a meeting with government regulators, Nicole voluntarily points out a potential problem with a new product her company is testing. Nicole has shown ___.