Question 1

Why is a code of ethics important? What should be included in a firm's code of ethics?

Accepted Answer

A code of ethics helps foster a strong e

Question 2

What do most of the 500 largest corporations in the United States have?

Accepted Answer

A)  social responsibility audits 
B)  environmental audits 
C)  codes of ethics 
D)  podcasts 
A)  social responsibility audits 
B)  environmental audits 
C)  codes of ethics 
D)  podcasts

Question 3

According to Walmart's code of ethics,Edward,an employee in the sales department,cannot accept gifts from suppliers because such actions would be a ________.

Accepted Answer

A)  conflict of interest 
B)  double standard 
C)  regulatory breach 
D)  discriminatory act 
A)  conflict of interest 
B)  double standard 
C)  regulatory breach 
D)  discriminatory act

Question 4

Which of the following is not one of the triple bottom line factors of corporate social responsibility?

Accepted Answer

A)  society 
B)  environment 
C)  economy 
D)  culture 
A)  society 
B)  environment 
C)  economy 
D)  culture

Question 5

Which of the following was NOT included in the FSGO?

Accepted Answer

A)  guidelines for ethics standards 
B)  job security for whistleblowers 
C)  guidelines for providing ethics training 
D)  system for anonymously reporting misconduct 
A)  guidelines for ethics standards 
B)  job security for whistleblowers 
C)  guidelines for providing ethics training 
D)  system for anonymously reporting misconduct

Question 6

Which of the following firms has NOT been exposed for ethical abuses and corrupt conduct?

Accepted Answer

A)  Enron 
B)  Lehman Brothers 
C)  WorldCom 
D)  General Electric (G
E)  
A)  Enron 
B)  Lehman Brothers 
C)  WorldCom 
D)  General Electric (G
E)

Question 7

what characteristic is most frequently shared by firms that receive high rankings for corporate social responsibility?

Accepted Answer

A)  encouraging employees to participate in civic activities 
B)  requiring managers to understand ethics laws 
C)  promoting integrity through ethics training 
D)  linking compensation to ethical behaviors 
A)  encouraging employees to participate in civic activities 
B)  requiring managers to understand ethics laws 
C)  promoting integrity through ethics training 
D)  linking compensation to ethical behaviors

Question 8

Executives and managers at ABC Enterprises actively encourage a strong ethical culture at the firm.Which of the following would be the most likely result of the firm's actions?

Accepted Answer

A)  increased employee interest in development programs 
B)  frequent use of human resource information systems 
C)  changes in corporate communication methods 
D)  improvements in organizational performance 
A)  increased employee interest in development programs 
B)  frequent use of human resource information systems 
C)  changes in corporate communication methods 
D)  improvements in organizational performance

Question 9

Harvey Electronics has used a number of methods to create an ethical culture that both employees and customers appreciate.What is the most effective way for the firm to sustain its ethical culture?

Accepted Answer

A)  asking job candidates ethical questions 
B)  implementing an ethics audit regularly 
C)  publishing the firm's code of ethics periodically 
D)  ensuring that new employees receive ethics training 
A)  asking job candidates ethical questions 
B)  implementing an ethics audit regularly 
C)  publishing the firm's code of ethics periodically 
D)  ensuring that new employees receive ethics training

Question 10

According to a recent survey by Brighter Planet,although more firms are engaging in green activities,the effectiveness of these efforts has declined.Some believe that the problem with corporate social responsibility is that ________.

Accepted Answer

A)  no universal set of corporate social responsibility guidelines is available 
B)  each firm has to follow a universal set of corporate social responsibility guidelines 
C)  corporations really don't want to pursue social responsibility 
D)  corporate social responsibility is a load of value-destroying nonsense 
A)  no universal set of corporate social responsibility guidelines is available 
B)  each firm has to follow a universal set of corporate social responsibility guidelines 
C)  corporations really don't want to pursue social responsibility 
D)  corporate social responsibility is a load of value-destroying nonsense

Question 11

When a corporation behaves as if it has a conscience,it is said to be ________.

Accepted Answer

A)  globally ethical 
B)  socially responsible 
C)  participative 
D)  charitable 
A)  globally ethical 
B)  socially responsible 
C)  participative 
D)  charitable

Question 12

According to the Nobel-Prize-winning economist,Milton Friedman,the only social responsibility of a business is to increase its profits.

Accepted Answer

A) True 
 B)False

Question 13

In a recent survey,what percent of investors said they would move their account if they discovered the company was involved in unethical behavior?

Accepted Answer

A)  17% 
B)  37% 
C)  67% 
D)  97% 
A)  17% 
B)  37% 
C)  67% 
D)  97%

Question 14

Laws ________ ethical behavior.

Accepted Answer

A)  mandate 
B)  offer guidance to 
C)  have nothing to do with 
D)  None of the above 
A)  mandate 
B)  offer guidance to 
C)  have nothing to do with 
D)  None of the above

Question 15

Sustainability has been an integral part of ________ for more than 65 years.

Accepted Answer

A)  McDonald's 
B)  Home Depot 
C)  JP Morgan Chase 
D)  Johnson & Johnson 
A)  McDonald's 
B)  Home Depot 
C)  JP Morgan Chase 
D)  Johnson & Johnson

Question 16

Ethics training should ________.

Accepted Answer

A)  start at the bottom and move upward through all organizational levels 
B)  focus only on the employees who deal with the public on a day-to-day basis 
C)  begin at the top and continue through all levels of the organization 
D)  start with mid-level management and move laterally through the organization 
A)  start at the bottom and move upward through all organizational levels 
B)  focus only on the employees who deal with the public on a day-to-day basis 
C)  begin at the top and continue through all levels of the organization 
D)  start with mid-level management and move laterally through the organization

Question 17

All of the following EXCEPT ________ are major components of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Accepted Answer

A)  protecting investors 
B)  promoting too-big-to-fail bailouts 
C)  maintaining an advance warning system 
D)  enforcing regulations that are already on the books 
A)  protecting investors 
B)  promoting too-big-to-fail bailouts 
C)  maintaining an advance warning system 
D)  enforcing regulations that are already on the books

Question 18

Unethical practices are limited to Wall Street because of the money and pressure involved.

Accepted Answer

A) True 
 B)False

Question 19

According to the Procurement Integrity Act,if a firm that has an ethics program in place is found guilty of misconduct,the firm will receive a reduced punishment.

Accepted Answer

A) True 
 B)False

Question 20

Which one of the following statements about HR and ethics is FALSE?

Accepted Answer

A)  It is sufficient for HR representatives to say that everyone should be ethical. 
B)  The ethical bearing of those in HR affects the credibility of the entire organization. 
C)  HR representatives should maintain a dialogue with workers about ethical behavior. 
D)  HR professionals can help foster an ethical culture. 
A)  It is sufficient for HR representatives to say that everyone should be ethical. 
B)  The ethical bearing of those in HR affects the credibility of the entire organization. 
C)  HR representatives should maintain a dialogue with workers about ethical behavior. 
D)  HR professionals can help foster an ethical culture.

Why is a code of ethics important? What should be included in a firm's code of ethics?

What do most of the 500 largest corporations in the United States have?

According to Walmart's code of ethics,Edward,an employee in the sales department,cannot accept gifts from suppliers because such actions would be a ________.

Which of the following is not one of the triple bottom line factors of corporate social responsibility?

Which of the following was NOT included in the FSGO?

Which of the following firms has NOT been exposed for ethical abuses and corrupt conduct?

what characteristic is most frequently shared by firms that receive high rankings for corporate social responsibility?

Executives and managers at ABC Enterprises actively encourage a strong ethical culture at the firm.Which of the following would be the most likely result of the firm's actions?

Harvey Electronics has used a number of methods to create an ethical culture that both employees and customers appreciate.What is the most effective way for the firm to sustain its ethical culture?

According to a recent survey by Brighter Planet,although more firms are engaging in green activities,the effectiveness of these efforts has declined.Some believe that the problem with corporate social responsibility is that ________.

When a corporation behaves as if it has a conscience,it is said to be ________.

According to the Nobel-Prize-winning economist,Milton Friedman,the only social responsibility of a business is to increase its profits.

In a recent survey,what percent of investors said they would move their account if they discovered the company was involved in unethical behavior?

Laws ________ ethical behavior.

Sustainability has been an integral part of ________ for more than 65 years.

Ethics training should ________.

All of the following EXCEPT ________ are major components of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Unethical practices are limited to Wall Street because of the money and pressure involved.

According to the Procurement Integrity Act,if a firm that has an ethics program in place is found guilty of misconduct,the firm will receive a reduced punishment.

Which one of the following statements about HR and ethics is FALSE?

Human Resource Management: An Overview

Equal Employment Opportunity, Affirmative Action, and Workforce Diversity

Strategic Planning, Human Resource Planning, and Job Analysis

Recruitment

Selection

Performance Management and Appraisal

Training and Development

Direct Financial Compensation Core Compensation:

Indirect Financial Compensation Employee Benefits:

Labor Unions and Collective Bargaining

Internal Employee Relations

Employee Safety, Health, and Wellness

Global Human Resource Management

Filters

Exam 2: Business Ethics and Corporate Social Responsibility

Why is a code of ethics important? What should be included in a firm's code of ethics?

What do most of the 500 largest corporations in the United States have?

According to Walmart's code of ethics,Edward,an employee in the sales department,cannot accept gifts from suppliers because such actions would be a ________.

Which of the following is not one of the triple bottom line factors of corporate social responsibility?

Which of the following was NOT included in the FSGO?

Which of the following firms has NOT been exposed for ethical abuses and corrupt conduct?

what characteristic is most frequently shared by firms that receive high rankings for corporate social responsibility?

Executives and managers at ABC Enterprises actively encourage a strong ethical culture at the firm.Which of the following would be the most likely result of the firm's actions?

Harvey Electronics has used a number of methods to create an ethical culture that both employees and customers appreciate.What is the most effective way for the firm to sustain its ethical culture?

According to a recent survey by Brighter Planet,although more firms are engaging in green activities,the effectiveness of these efforts has declined.Some believe that the problem with corporate social responsibility is that ________.

When a corporation behaves as if it has a conscience,it is said to be ________.

According to the Nobel-Prize-winning economist,Milton Friedman,the only social responsibility of a business is to increase its profits.

In a recent survey,what percent of investors said they would move their account if they discovered the company was involved in unethical behavior?

Laws ________ ethical behavior.

Sustainability has been an integral part of ________ for more than 65 years.

Ethics training should ________.

All of the following EXCEPT ________ are major components of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Unethical practices are limited to Wall Street because of the money and pressure involved.

According to the Procurement Integrity Act,if a firm that has an ethics program in place is found guilty of misconduct,the firm will receive a reduced punishment.

Which one of the following statements about HR and ethics is FALSE?

Human Resource Management: An Overview

Equal Employment Opportunity, Affirmative Action, and Workforce Diversity

Strategic Planning, Human Resource Planning, and Job Analysis

Recruitment

Selection

Performance Management and Appraisal

Training and Development

Direct Financial Compensation Core Compensation:

Indirect Financial Compensation Employee Benefits:

Labor Unions and Collective Bargaining

Internal Employee Relations

Employee Safety, Health, and Wellness

Global Human Resource Management

Filters