Exam 2: Business Ethics and Corporate Social Responsibility

Recent research into the relationship between ethical behavior and an employee's pay discovered that most companies base pay on ________.

Lincoln Enterprises recently fired two employees who were caught stealing tools from the firm's warehouse.As a result,the CEO of Lincoln wants to strengthen the firm's ethical culture and prevent future violations by requiring employees to participate in ethics training programs. -Which of the following most likely undermines the CEO's idea?

A global organization known as ________ helps member companies achieve success in ways that respect ethical values,people,communities,and the environment.

KPMG uses all of the following approaches EXCEPT ________ to handle ethical issues.

Ethics training should be part of a ________.

sources of ethical guidance should ________.

Which quality is emphasized more than in the past for the Baldrige National Quality Award?

The CEO of GE begins and ends each annual meeting by ________.

A sustainable corporation is capable of continuing ________.

At Tyson Foods,Lily serves as the point person who guides everyone in the firm towards ethical actions.Lily most likely serves as the firm's ________.

Procter & Gamble has served as a leader in corporate social responsibility by developing and implementing environment-protection technology and encouraging employees to participate in civic activities.

Corporate social responsibility (CSR)is the implied,enforced,or felt obligation of managers,acting in their official capacity,to serve or protect the interests of groups other than themselves.

Corporate social responsibility is the model in which the pursuit of profit is replaced by the pursuit of social and environmental goals.

According to the Corporate Knights' seventh annual report on the world's most sustainable corporations,all of the following EXCEPT ________ is among the top five U.S.companies with most green-friendly,sustainable practices.

How do firms benefit from a strong ethical culture? How can HR departments foster such cultures?

The concept of ________ has evolved from the traditional view of corporate social responsibility.

In his book Capitalism and Freedom,Milton Friedman argues that ________.

A social audit is a systematic assessment of a company's activities in terms of its social impact.

Many organizations today refer to the "triple bottom line" suggesting that attention is now being paid to social and environmental concerns as well as economic issues.

In a narrow sense,the term "sustainability" can be defined as meeting the needs of the present without compromising the ability of future generations to meet their own needs.