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Question 4 of 20
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5.0 Points
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Universities are likely to use which ethical structure to focus on allegations of unethical conduct such as faking research?
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A. a whistleblower policy
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B. a credo
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C. an ethics committee
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D. a values statement
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Question 5 of 20
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5.0 Points
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A common approach companies use to avoid conflicts of interest in gift giving is to have a gift policy that __________ .
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A. lists acceptable gifts
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B. limits the dollar value to a modest amount
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C. lists acceptable companies from whom to accept gifts
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D. requires gifts be donated to charities
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Question 6 of 20
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5.0 Points
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To establish an ethical corporate culture, which of the following approaches might be used?
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A. ethics training
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B. ethical structures
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C. whistleblower policies
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D. all of the above
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Question 7 of 20
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5.0 Points
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When Levi Strauss lost market share and profits decreased in the late 1990s, shareholders blamed the CEO for __________ .
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A. failing to address a social responsibility agenda
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B. focusing too narrowly on only profit maximization
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C. giving too high a priority to corporate social responsibility
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D. giving market share to Wrangler
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Question 8 of 20
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5.0 Points
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Research indicates that social responsibility __________ .
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A. is related to higher financial performance
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B. requires a narrow focus on producing goods and services for profit only
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C. does not include caring for the natural environment
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D. does not impact the company’s ability to recruit better quality job applicants
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Question 9 of 20
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5.0 Points
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A formal statement of ethics and values that is designed to guide employee conduct in a variety of business situations is __________ .
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A. a corporate credo
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B. a code of ethics
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C. an ethical policy statement
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D. a values statement
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Question 10 of 20
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5.0 Points
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A code of ethics in an organization __________ .
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A. guarantees employees will act in an ethical manner
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B. describes what is legal and illegal
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C. eliminates ethical dilemmas
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D. creates consensus regarding ethical principles
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Question 11 of 20
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5.0 Points
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Which of the following is not one of the key ethical approaches to making business decisions?
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A. utilitarianism
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B. democratic approach
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C. individualism
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D. rights approach
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Question 12 of 20
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5.0 Points
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Tips for making ethical business decisions include all of the following except __________ .
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A. take time to learn the facts
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B. consider the financial facts
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C. identify the people impacted by the decision
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D. identify the ethical concerns
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Question 13 of 20
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5.0 Points
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A large company facing complex ethical issues in different markets may find a corporate credo is not specific enough. To provide more concrete guidelines and formulas for employee conduct, they may develop __________ .
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A. an ethical policy statement
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B. a code of ethics
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C. a values statement
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D. a mission statement
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question 14
Which of the following is a good guideline to follow when making ethical decisions?
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A. Examine the consequences and avoid examining the proposed procedures.
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B. Get feedback from a trusted friend before acting.
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C. Avoid thinking too far ahead to the consequences of how the decision will look when made public.
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D. Act quickly on your instinct before considering too many alternatives.
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Question 15 of 20
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5.0 Points
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The approach to dealing with stakeholder concerns that has the highest commitment to social responsibility is _________ .
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A. confrontation strategy
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B. damage control strategy
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C. accommodation strategy
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D. proactive strategy
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Question 16 of 20
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5.0 Points
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Since a team is only as ethical as its “weakest ethical link,” the team development process should include __________ .
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A. distributing a copy of the corporate credo
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B. a review of whistleblower policies
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C. ethics training
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D. distributing a copy of the code of ethics for team members to sign
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Question 17 of 20
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5.0 Points
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Jeremy’s ethical decision making is guided primarily by his belief that his self-interests should be promoted as long as he doesn’t harm others. What approach to ethical decision making does Jeremy use?
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A. utilitarianism
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B. justice approach
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C. individualism
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D. rights approach
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Question 18 of 20
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5.0 Points
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Which would you recommend to a team looking for ways to improve their ethical climate?
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A. Require that all team members learn the code of ethical conduct.
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B. Recognize and reward ethical behavior in team members.
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C. Ensure that unethical behavior is not tolerated by the team.
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D. all of the above
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Question 19 of 20
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5.0 Points
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Which federal law provides protection to whistleblowers who disclose financial fraud in publicly traded corporations?
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A. The Foreign Corrupt Practices Act
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B. Title VII
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C. The ADA
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D. Sarbanes-Oxley Act
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Question 20 of 20
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5.0 Points
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The duty a company has to conduct its affairs ethically in a manner that benefits both employees and the larger society is known as __________ .
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A. ethics
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B. a values statement
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C. profit maximization
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D. social responsibility
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