Exam 2: Business Ethics and Social Responsibility

Complete the following using the terms listed. -_____ requires publicly traded companies to announce major information to the general public,rather than first disclosing the information to selected investors.

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

Complete the following using the terms listed. -A strategy that emphasizes a company's commitment to environmentally friendly products and production is _____.

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

The only safe way to handle a potential conflict of interest is to avoid situations in which one might occur.

What might a company's code of conduct include?

When Pat has to audit a restaurant owned by his brother-in-law,which of the following ethical challenges does he face?

"Maintaining an atmosphere of cultural integrity" is an example of something that might be found in a company's code of conduct.

Explain product liability and briefly describe what this means in terms of social responsibility.

An employee who "goes public" with the evidence of improper actions by his or her employer is known as a whistle-blower.

What are business ethics and why are they important?

Adhering to deeply felt ethical principles in business situations is known as loyalty.

Which of the following is not a factor in determining an individual's ethical development?

Codes of conduct are playing an increasingly important role in business ethics.

Daichi takes responsibility for an error made by his assistant on a project.Daichi has shown _____.

A strategy that promotes environmentally friendly products and production methods is called _____.

Social audits are informal business surveys that report customer satisfaction with a company's products.

Social audits measure the level of volunteer work conducted in communities.

_____ requires that companies in the private sector provide procedures for anonymous reporting of accusations of fraud.

Bente knows of a defect in a product his company sells.He will disclose the defect but only if the customer specifically asks about it.Bente's _____ could be called into question.