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Question
In September and October 2008, financial markets around the world suffered a severe crash as a consequence of aggressive lending to subprime borrowers in a deregulated environment.
Answer
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Related questions
Q:
A policy that results when an organization is driven by events and/or a fear of future events is known as a _____.
A. distributive ethical policy
B. reactive ethical policy
C. secure ethical policy
D. defensive ethical policy
Q:
_____ in business means that stakeholders have visibility deep into the processes and information of an organization.
A. Transparency
B. Conformity
C. Vicarious liability
D. Organizational integrity
Q:
Which of the following risks is most likely to occur as a result of organizational transparency?
A. Loss of market advantage through corporate espionage
B. Loss of trust among employees
C. Rise in costs due to maintenance of transparency
D. Decline of productivity of employees
Q:
In the context of a company's ethics policy, which of the following actions should an organization avoid taking?
A. Awarding prizes for ethical behavior
B. Declaring an Ethics Day and allowing every department to share its success stories
C. Communicating only to internal stakeholders
D. Recognizing employees who represent the standards of behavior to which the company is committed
Q:
If an employee's personal value system prompts him or her to speak up about the misconduct of the organization he or she works for, the employee takes on the role of a whistle-blower.
Q:
Discuss the Federal Sentencing Guidelines for Organizations.
Q:
The _____ states that there should be a key restriction in the legislation to limit propriety tradingthe ability of banks to trade on their own accounts.
Q:
The _____ is a government agency established to prevent banks from failing and otherwise threatening the stability of the U.S. economy.
Q:
The guidelines set down by the Organization for Economic Cooperation and Development are legally binding.
Q:
The UN Global Compact, which encourages organizations to make a voluntary commitment to corporate citizenship, is widely recognized as the world's largest initiative of its kind.
Q:
According to Richard DeGeorge's guidelines for organizations doing business in other countries, multinationals are responsible for redesigning the transfer of hazardous technologies so that such technologies can be safely administered in host countries.
Q:
The financial strength of the Western nations has made developing nations more amenable to accepting general standards of business practice.
Q:
Ethical relativism refers to a philosophy that dictates that individuals must only make such choices that offer the greatest good for the greatest number of people.
Q:
The growth of multinational corporations, as a global phenomenon, has raised no ethical issues.
Q:
Multinational corporations include those corporations that generate products and/or services in multiple countries and implement operational policies (marketing, staffing, and production) that go beyond national boundaries.
Q:
The term "globalization" has applications in commercial, economic, social, and political environments.
Q:
Thin consent leaves employees with little choice regarding the monitoring of their web activity at the workplace.
Q:
With advances in technology, the availability of employees in the business environment is no longer defined by their accessibility.
Q:
The new technological capability that allows employees to work from locations other than their office and log into their company's network remotely is known as telecommuting.
Q:
Technological advances over the last two decades have made it more difficult to pass the personal data of customers from one place to another.
Q:
The intranet is a private piece of a company's Internet network that is made available to customers and/or vendor partners on the basis of secured access by a unique password.
Q:
_____ can track an employee's location while he or she moves through the workplace.
Q:
The _____ argument and the recent availability of capable technology have been driving companies toward creating an Orwellian work environment.
Q:
The implications of vicarious liability are that the party charged is responsible for the actions of his or her _____.
Q:
Vicarious _____ is a legal concept that means a party may be held responsible for injury or damage even when he or she was not actively involved in an incident.
Q:
Advances in technology and the popularity of telecommuting now define the availability of employees by their _____.
Q:
The new capability of _____ has blurred the concept of employees being "at work."
Q:
The ability to send digitized information over _____ led to the establishment of call centers.
Q:
Information can be sent over fiber-optic cables only after it has been _____.
Q:
The _____ is a private piece of a company's network that is made available to customers or vendor partners using secured access with a unique password.