Question 1

Compliance-based ethics codes are based on preventing unlawful behavior.

Accepted Answer

A) True 
 B)False

Question 2

In reality,ethical behavior depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by your losing the fight to hold down labor costs.You realize it is a win-lose relationship.

Accepted Answer

A) True 
 B)False

Question 3

When stating a firm position on various social and political issues,corporate policies often commit company profits to back these positions.

Accepted Answer

A) True 
 B)False

Question 4

A firm's net social contribution is a company report that measures the difference between its positive social contributions and its negative social impact.

Accepted Answer

A) True 
 B)False

Question 5

If management adopts Bo's suggestion of reducing U-Scream Ice Cream's charitable donations until profits stabilize,the company will essentially reduce its ___________.

Accepted Answer

A)  corporate citizenship
B)  nonprofit volunteerism
C)  corporate philanthropy
D)  RF factorE) A) and B)
F) A) and C)

Question 6

Getting even is one of the most powerful incentives for good people to do bad things.

Accepted Answer

A) True 
 B)False

Question 7

John was recently hired by Backstreet Books,an eclectic bookstore in a large college town.At the beginning of the first day on the job,his store manager handed him a small booklet consisting of company rules.He was asked to read it and sign and submit the last page,before starting work.Among other things,the rules explicitly discussed reprimands for grievous behavior and dismissal if the firm could prove that the employee was stealing product from the store.This booklet represented the ___________ of the store.

Accepted Answer

A)  company-based ethics
B)  compliance-based ethics
C)  integrity-based ethics
D)  whistleblowing-based ethicsE) B) and C)
F) A) and C)

Question 8

Ethical behavior will result in which of the following?

Accepted Answer

A)  Mistrust between employees and managers.
B)  Agreements that create benefits for only the shareholders.
C)  Negative publicity from the news media.
D)  Improved self-esteem - makes us feel good about our decision.E) None of the above
F) A) and C)

Question 9

Often it is the threat of negative publicity that pressures businesses to enforce their corporate code of ethics.

Accepted Answer

A) True 
 B)False

Question 10

Customers learn to trust companies that consistently demonstrate good behavior.Those same companies can lose this position with one,socially irresponsible activity.

Accepted Answer

A) True 
 B)False

Question 11

A payoff for socially conscious behavior is:

Accepted Answer

A)  new and loyal customers.
B)  a large pool of investors.
C)  a large pool of talented employees.
D)  longevity due to a stable external environment.E) C) and D)
F) A) and D)

Question 12

"Actions speak louder than words!",is an old saying that refers to the fact that people's actions - how they act as opposed to what they say - are often testament to their true ethical values.

Accepted Answer

A) True 
 B)False

Question 13

Defining a socially responsible company is complicated.Businesses differ from other businesses,as well as the people they serve,on what we mean by "socially responsible."

Accepted Answer

A) True 
 B)False

Question 14

Investors,today are realizing financial benefit by:

Accepted Answer

A)  investing in companies who only operate in stable environments.
B)  investing in firms that have abundant resources for social initiatives.
C)  investing in companies who are committed to a better environment.
D)  investing in companies who are leaving a sizeable carbon footprint.E) None of the above
F) C) and D)

Question 15

Enforcement is perhaps the most important step in an effective code of ethics.

Accepted Answer

A) True 
 B)False

Question 16

Ethical dilemmas in business:

Accepted Answer

A)  force us to make poor choices.
B)  always end up bringing out the best in us.
C)  often force us to choose between equally unsatisfactory alternatives.
D)  define us as being moral absolutists or moral situationalists.E) None of the above
F) A) and B)

Question 17

U.S.businesses claim that unethical business practices are common outside the U.S.

Accepted Answer

A) True 
 B)False

Question 18

An important source of public scrutiny is "watchdogs".These are:

Accepted Answer

A)  the efforts of a firm's competitors,including how often the competitors attack the firm's strategies.
B)  tax payer supported government agencies that limit a firm's ability to compete foreign markets.
C)  these are companies designated by the government to only produce products that support the government defense program.
D)  these are socially conscious groups that make it their mission to measure the social responsibility levels of businesses,and provide consumers with their opinions about the level of corporate responsibility of various companies.E) All of the above
F) None of the above

Question 19

Which of the following statements is not one of the six steps recommended by experts for improving ethical behavior at work?

Accepted Answer

A)  Management should be trained to always consider the ethical implications of decisions.
B)  Top management should unconditionally support a company's corporate code of ethics.
C)  Whistleblowers should be protected from retaliation.
D)  Outsiders should be kept outside.There is no reason to share your firm's corporate code of ethics.It is an internal and private document.E) None of the above
F) All of the above

Question 20

Barney extends his lunch break beyond the allotted time.Wilma uses the office telephone for unauthorized personal phone calls.Fred misrepresents his product to a potential customer.All of these are examples of unethical behavior.

Accepted Answer

A) True 
 B)False

Exam 4: Demanding Ethical and Socially Responsible Behavior

Often it is the threat of negative publicity that pressures businesses to enforce their corporate code of ethics.

Correct Answer
verified

In reality,ethical behavior depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by your losing the fight to hold down labor costs.You realize it is a win-lose relationship.

Correct Answer
verified

Getting even is one of the most powerful incentives for good people to do bad things.

Correct Answer
verified

If management adopts Bo's suggestion of reducing U-Scream Ice Cream's charitable donations until profits stabilize,the company will essentially reduce its ___________.

Correct Answer
verified

Ethical dilemmas in business:

Correct Answer
verified

When stating a firm position on various social and political issues,corporate policies often commit company profits to back these positions.

Correct Answer
verified

Customers learn to trust companies that consistently demonstrate good behavior.Those same companies can lose this position with one,socially irresponsible activity.

Correct Answer
verified

Correct Answer
verified

Ethical behavior will result in which of the following?

Correct Answer
verified

"Actions speak louder than words!",is an old saying that refers to the fact that people's actions - how they act as opposed to what they say - are often testament to their true ethical values.

Correct Answer
verified

Compliance-based ethics codes are based on preventing unlawful behavior.

Correct Answer
verified

Barney extends his lunch break beyond the allotted time.Wilma uses the office telephone for unauthorized personal phone calls.Fred misrepresents his product to a potential customer.All of these are examples of unethical behavior.

Correct Answer
verified

Defining a socially responsible company is complicated.Businesses differ from other businesses,as well as the people they serve,on what we mean by "socially responsible."

Correct Answer
verified

Enforcement is perhaps the most important step in an effective code of ethics.

Correct Answer
verified

An important source of public scrutiny is "watchdogs".These are:

Correct Answer
verified

Which of the following statements is not one of the six steps recommended by experts for improving ethical behavior at work?

Correct Answer
verified

A payoff for socially conscious behavior is:

Correct Answer
verified

U.S.businesses claim that unethical business practices are common outside the U.S.

Correct Answer
verified

Investors,today are realizing financial benefit by:

Correct Answer
verified

A firm's net social contribution is a company report that measures the difference between its positive social contributions and its negative social impact.

Correct Answer
verified

Exam 4: Demanding Ethical and Socially Responsible Behavior

Often it is the threat of negative publicity that pressures businesses to enforce their corporate code of ethics.

Correct AnswerverifiedShow Answer

In reality,ethical behavior depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by your losing the fight to hold down labor costs.You realize it is a win-lose relationship.

Correct AnswerverifiedShow Answer

Getting even is one of the most powerful incentives for good people to do bad things.

Correct AnswerverifiedShow Answer

If management adopts Bo's suggestion of reducing U-Scream Ice Cream's charitable donations until profits stabilize,the company will essentially reduce its ___________.

Correct AnswerverifiedShow Answer

Ethical dilemmas in business:

Correct AnswerverifiedShow Answer

When stating a firm position on various social and political issues,corporate policies often commit company profits to back these positions.

Correct AnswerverifiedShow Answer

Customers learn to trust companies that consistently demonstrate good behavior.Those same companies can lose this position with one,socially irresponsible activity.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Ethical behavior will result in which of the following?

Correct AnswerverifiedShow Answer

"Actions speak louder than words!",is an old saying that refers to the fact that people's actions - how they act as opposed to what they say - are often testament to their true ethical values.

Correct AnswerverifiedShow Answer

Compliance-based ethics codes are based on preventing unlawful behavior.

Correct AnswerverifiedShow Answer

Barney extends his lunch break beyond the allotted time.Wilma uses the office telephone for unauthorized personal phone calls.Fred misrepresents his product to a potential customer.All of these are examples of unethical behavior.

Correct AnswerverifiedShow Answer

Defining a socially responsible company is complicated.Businesses differ from other businesses,as well as the people they serve,on what we mean by "socially responsible."

Correct AnswerverifiedShow Answer

Enforcement is perhaps the most important step in an effective code of ethics.

Correct AnswerverifiedShow Answer

An important source of public scrutiny is "watchdogs".These are:

Correct AnswerverifiedShow Answer

Which of the following statements is not one of the six steps recommended by experts for improving ethical behavior at work?

Correct AnswerverifiedShow Answer

A payoff for socially conscious behavior is:

Correct AnswerverifiedShow Answer

U.S.businesses claim that unethical business practices are common outside the U.S.

Correct AnswerverifiedShow Answer

Investors,today are realizing financial benefit by:

Correct AnswerverifiedShow Answer

A firm's net social contribution is a company report that measures the difference between its positive social contributions and its negative social impact.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified