Question 1

Social audits conducted internally are of no value because they are always biased in favor of the company.

Accepted Answer

A) True 
 B)False

Question 2

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 3

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

Accepted Answer

The four levels of development of a corp

Question 4

Bayarmaa discovered unlawful conduct at her company and notified authorities.Under the Sarbanes-Oxley Act of 2002,anyone who retaliates against Bayarmaa can be prosecuted.

Accepted Answer

A) True 
 B)False

Question 5

List and briefly describe the three stages of moral and ethical development.

Accepted Answer

The three stages of moral and ethical de

Question 6

Which of the following is an example of workplace discrimination?

Accepted Answer

A) Nate,a young manager,is passed over for a promotion in favor of John,who has worked with the company for 30 years. 
B) Bob is ignored when the manager selects female employees as project leads as the manager prefers that female employees lead teams. 
C) Roy has to work more hours a week than Kara,a working mother. 
D) Employees who drive electric or hybrid cars in Lee's company get better parking spots than employees who drive other cars. 
A) Nate,a young manager,is passed over for a promotion in favor of John,who has worked with the company for 30 years. 
B) Bob is ignored when the manager selects female employees as project leads as the manager prefers that female employees lead teams. 
C) Roy has to work more hours a week than Kara,a working mother. 
D) Employees who drive electric or hybrid cars in Lee's company get better parking spots than employees who drive other cars.

Question 7

Complete the following using the terms listed.
-Management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating the company's performance is _____.

Accepted Answer

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

Question 8

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

Accepted Answer

Even though the primary purpose of a com

Question 9

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 10

Under the Security and Exchange Commission (SEC),publicly traded companies are required to announce major information to the general public,rather than first disclosing the information to selected major investors.

Accepted Answer

A) True 
 B)False

Question 11

Macrozine Inc.provides support for employees faced with ethical dilemmas.An ethics compliance officer is available in the Human Resources office or through an employee hotline.This is an example of ethical _____.

Accepted Answer

A) reasoning 
B) awareness 
C) whistle-blowing 
D) action 
A) reasoning 
B) awareness 
C) whistle-blowing 
D) action

Question 12

Explain social responsibility.

Accepted Answer

In a general sense,social responsibility

Question 13

Describe examples of honesty and integrity violations in the workforce.

Accepted Answer

Some people misrepresent their academic

Question 14

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

Accepted Answer

A) ethical profile 
B) social audit 
C) social inventory 
D) mission analysis 
A) ethical profile 
B) social audit 
C) social inventory 
D) mission analysis

Question 15

A consulting firm has been hired to help an educational institution in an underprivileged neighborhood raise funds to build fully equipped laboratories for students.Explain the process required for a successful fundraiser.

Accepted Answer

Fundraising involves researching,identif

Question 16

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

Accepted Answer

A) True 
 B)False

Question 17

Why are consumers increasingly seeking out non-GMO foods?

Accepted Answer

Both consumers and environmentalists fea

Question 18

Which federal agency is responsible for setting workplace health and safety standards?

Accepted Answer

A) FCC 
B) FDA 
C) FTC 
D) OSHA 
A) FCC 
B) FDA 
C) FTC 
D) OSHA

Question 19

Glafira is an investment advisor and wants to recommend a stock she happens to own.How should Glafira best deal with this potential conflict of interest?

Accepted Answer

A) She should not make the recommendation. 
B) She should make a negative recommendation. 
C) She should make a positive recommendation and then sell the stock. 
D) She should disclose the fact that she owns the stock while making the recommendation. 
A) She should not make the recommendation. 
B) She should make a negative recommendation. 
C) She should make a positive recommendation and then sell the stock. 
D) She should disclose the fact that she owns the stock while making the recommendation.

Question 20

Reprocessing used materials so that they can be reused is known as _____.

Accepted Answer

A) rotation 
B) reinvigoration 
C) recycling 
D) ecology 
A) rotation 
B) reinvigoration 
C) recycling 
D) ecology

Social audits conducted internally are of no value because they are always biased in favor of the company.

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

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

Bayarmaa discovered unlawful conduct at her company and notified authorities.Under the Sarbanes-Oxley Act of 2002,anyone who retaliates against Bayarmaa can be prosecuted.

List and briefly describe the three stages of moral and ethical development.

Which of the following is an example of workplace discrimination?

Complete the following using the terms listed. -Management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating the company's performance is _____.

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

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

Under the Security and Exchange Commission (SEC),publicly traded companies are required to announce major information to the general public,rather than first disclosing the information to selected major investors.

Macrozine Inc.provides support for employees faced with ethical dilemmas.An ethics compliance officer is available in the Human Resources office or through an employee hotline.This is an example of ethical _____.

Explain social responsibility.

Describe examples of honesty and integrity violations in the workforce.

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

A consulting firm has been hired to help an educational institution in an underprivileged neighborhood raise funds to build fully equipped laboratories for students.Explain the process required for a successful fundraiser.

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

Why are consumers increasingly seeking out non-GMO foods?

Which federal agency is responsible for setting workplace health and safety standards?

Glafira is an investment advisor and wants to recommend a stock she happens to own.How should Glafira best deal with this potential conflict of interest?

Reprocessing used materials so that they can be reused is known as _____.

The Changing Face of Business

Economic Challenges Facing Todays 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

Trends in E-Commerce

Filters

Exam 2: Business Ethics and Social Responsibility

Social audits conducted internally are of no value because they are always biased in favor of the company.

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

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

Bayarmaa discovered unlawful conduct at her company and notified authorities.Under the Sarbanes-Oxley Act of 2002,anyone who retaliates against Bayarmaa can be prosecuted.

List and briefly describe the three stages of moral and ethical development.

Which of the following is an example of workplace discrimination?

Complete the following using the terms listed. -Management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating the company's performance is _____.

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

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

Under the Security and Exchange Commission (SEC),publicly traded companies are required to announce major information to the general public,rather than first disclosing the information to selected major investors.

Macrozine Inc.provides support for employees faced with ethical dilemmas.An ethics compliance officer is available in the Human Resources office or through an employee hotline.This is an example of ethical _____.

Explain social responsibility.

Describe examples of honesty and integrity violations in the workforce.

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

A consulting firm has been hired to help an educational institution in an underprivileged neighborhood raise funds to build fully equipped laboratories for students.Explain the process required for a successful fundraiser.

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

Why are consumers increasingly seeking out non-GMO foods?

Which federal agency is responsible for setting workplace health and safety standards?

Glafira is an investment advisor and wants to recommend a stock she happens to own.How should Glafira best deal with this potential conflict of interest?

Reprocessing used materials so that they can be reused is known as _____.

The Changing Face of Business

Economic Challenges Facing Todays 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

Trends in E-Commerce

Filters