Exam 2: Ethics and Social Responsibility: Doing the Right Thing

An employer can be held liable for sexual harassment if he/she knew or should have known of the harassment and failed to take prompt action to stop it.

Which of the following statements is correct?

A(n)________ is a company-provided benefit designed to help reduce workplace problems such as alcoholism,drug addiction,a gambling habit,and other conflicts and to deal with them when they arise.

Define the key terms: stakeholders and business ethics.

Polls show that increasingly the public is only holding companies accountable for the economic impact of their decisions,not the ethical implications.

The United States Supreme Court changed the nature of an employer's liability for sexual harassment,rejecting the previous standard that the employer had to be negligent somehow to be liable for a supervisor's improper behavior toward employees.

The concept of social responsibility has evolved from that of a nebulous "do-gooder" to one of:

Businesses have which of the following responsibilities to their customers?

The first step in developing an ethical framework is to identify the key stakeholders.

Although companies set standards for ethical behavior,the ultimate decision on whether to abide by ethical principles rests with the individual.

Since ethical standards are constant from one culture to another,ethical decisions pose no special problems for companies engaged in international business.

One "break" small business gets over large companies is a significantly lower rate of substance abuse due to the "family-like" atmosphere that tends to prevail in small companies.

Competitive pressures assumes that the greater the reward or the smaller the penalty for unethical acts,the greater is the probability that such behavior will occur.

The practice of moral management by the small business generally results in:

The entrepreneur can implement and maintain ethical standards by:

What is the small business's responsibility to employees in terms of coping with AIDS in the workplace and having a legal and humane AIDS policy?

Employers should not keep employees' medical records strictly confidential.

Most small business owners know exactly what their legal obligations are to employees with AIDS.

There is no universal answer for resolving ethical dilemmas.

Businesses have a responsibility to the communities in which they operate,according to your authors.