Exam 2: Business Ethics and Social Responsibility

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Which of the following statements is correct?

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Why do investors expect a firm to act ethically and exhibit social responsibility?

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Which of the following can improve ethical reasoning in a company?

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

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Employers have a responsibility to their employees to provide a safe working environment.

(True/False)
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Complete the following using the terms listed. -A marketing strategy that promotes a firm's commitment to environmentally safe products and production methods is known as ___.

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Consumer rights include all of the following EXCEPT the right to ___.

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A Code of Ethics best contributes to

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External groups often conduct their own evaluations of businesses, but firms typically ignore these reports in favour of internal evaluations.

(True/False)
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Macrohard, Inc. provides support for employees faced with ethical dilemmas. An ethics officer is available in the Human Resources office or through an employee hotline. This is an example of ethical ___.

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___ are responsible for conducting employee training programs that help spot potential fraud and abuse within a firm.

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The Canadian legislation that contains provisions against false or misleading product representations is

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The development of a corporate culture to support business ethics happens on four levels. Explain each of the four levels.

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Development of a corporate culture to support business ethics occurs on each of the following levels EXCEPT ethical ___.

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All of the following are current social issues related to business's responsibilities to employees EXCEPT ___.

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Timberland Company allows its employees to take paid six-month sabbatical leaves to work for not-for-profit organizations. This is an example of ___.

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When firms fail to be socially responsible, thousands of investors can suffer. True or false?

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On-the-job ethical dilemmas are very rare but can be quite significant.

(True/False)
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Mica learns that her company is secretly dumping untreated waste into the city sewer systems, and she informs the local EPA office. All of the following describe Mica's ethical situation EXCEPT

(Multiple Choice)
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When management considers social and economic issues in decision making, the company is practicing ___.

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