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Home » Business Ethics » Page 115

Business Ethics

Q: R. Edward Freeman is _____ .A) a Nobel Prize winning environmentalistB) a Nobel Prize winning economistC) a Professor of Business AdministrationD) a company that makes industrial products

Q: What is a social audit? Explain.

Q: The UN Global Compact is: a. An agency that measures the effects of global warming on the earth b. A quarter of all UN delegates committed to more global ethical living c. The largest voluntary corporate citizenship group in the world d. All of the above

Q: The World Bank _____ .A) was founded to help traditionally poor nationsB) has never been the subject of scandalC) was founded to rebuild Europe after warD) lends money to every country in the world

Q: A(n) _____ aligns the practices of a workplace with the stated ethics and beliefs of that workplace, holding people accountable to ethical standards.

Q: __________________ believes every human has inherent dignity and has human rights. a. UN Declaration of Human Rights b. The Caux Principles c. Moral Foundations Theory d. UN Global Compact

Q: Milton Friedman is _____.A) a Nobel Prize winning environmentalistB) a Nobel Prize winning economistC) a Professor of Business AdministrationD) a company that makes industrial products

Q: The growth of the Internet and the ability to capture and store vast amounts of personal data have increased the risk that _____ will be used unethically.

Q: Which theory was developed to help explain ethical and moral differences between cultures? a. Integrated Social Contracts Theory b. Moral Foundations Theory c. Project GLOBE theory d. The Caux Principles

Q: Chad and Cameroon are _____ .A) fictional countries in our case studyB) Asian nationsC) African nationsD) South American nations

Q: Supply chain sustainability is a component of _____ that focuses on developing and maintaining a supply chain that meets the needs of the present without compromising the ability of future generations to meet their needs.

Q: Power distance is described as: a. The geographical distance between two people b. Imagery to describe how strong the power a social class might hold c. A term to describe acceptance of inequality between social classes d. A metaphor frequently used in some cultures to downplay a social status

Q: A business need only be concerned about _____.A) moneyB) peopleC) the environmentD) there is no settled answer

Q: _____ frequently include a set of formal, written statements about the purpose of an organization, its values, and the principles that should guide its employees' actions.

Q: _____ acts conform to what an individual believes to be the right thing to do.

Q: Jane always felt she had a larger world-view than her peers. She was always concerned about the needs of developing nations and she held deep empathy for people in need of global justice. Jane could be described as: a. Egocentric b. Altruistic c. Ethnocentric d. Cosmopolitan

Q: Oil pipelines are _____ .A) always an environmental disasterB) result in oversupply of oilC) used for natural gas along with oilD) sometimes necessary

Q: ______________________ is viewing the world from our cultural group's point of view, which makes our customs and values the standard by which the rest of the world is judged. a. Egocentric b. Altruism c. Ethnocentrism d. Utilitarianism

Q: A corporation is _____.A) a real personB) a group of peopleC) stockholdersD) an artificial person

Q: The moral corruption of people in power, which is often facilitated by a tendency for people to look the other way when their leaders act inappropriately has been given the name _____ .

Q: The possibility of a freely made decision is necessary to the concept of autonomy.

Q: _____ is the practice of illegally making copies of software or enabling others to access software to which they are not entitled.

Q: Which set of global standards is based on corporate codes of conduct? a. UN Declaration of Human Rights b. Global Business Standards Codex c. CSR Principles d. UN Global Compact

Q: Select a stakeholder group of your organization and identify the CSR actions that should be directed at that group.

Q: Rawls begins his theory with a natural-rights position.

Q: During the problem definition process, one must be extremely careful not make _____ about the situation.

Q: Name and explain the four domains that are addressed by CSR activities.

Q: Section 406 of the _____ requires public companies to disclose whether they have a code of ethics and to disclose any waiver of the code for certain members of senior management.

Q: Roger Crisp believes that persuasive advertising violates the autonomy of consumers.

Q: Name and explain the stages of corporate citizenship.

Q: A code of ethics cannot gain company-wide acceptance unless it is developed with _____ and fully endorsed by the organization's leadership.

Q: Aristotle's philosophical system includes moral virtue.

Q: Decisions and policies that use the _____ approach to decision making attempt to implement social systems, institutions, and environments that everyone depends on and that benefit all people.

Q: Identify TWO stakeholders of your organization and explain your organization's responsibilities to each of these groups.

Q: Informative advertising, by definition, cannot also be persuasive.

Q: Define what a stakeholder is.

Q: The _____ approach to ethical decision making fits easily with the concept of value in economics and the use of cost-benefit analysis in business.

Q: Virtue theory ethics emphasizes character.

Q: Social auditing is becoming a common business practice. a. True b. False

Q: The principle that the ethical choice treats everyone the same and shows no favoritism or discrimination is most closely associated with the _____ approach to dealing with moral issues.

Q: Decision is central to the theory of the market process.

Q: Organizational stewards develop transactional relationships with their organizations. a. True b. False

Q: The _____ led to significant reforms in the content and preparation of disclosure documents by public companies.

Q: John Locke is a social contract theorist.

Q: A(n) _____ is a clear, concise statement of an issue that needs to be addressed.

Q: All stakeholders have intrinsic value according to Kant's Categorical Imperative. a. True b. False

Q: Unconscious desires cannot influence a person's actions.

Q: An effective _____ helps ensure that employees abide by the law, follow necessary regulations, and behave in an ethical manner.

Q: Sustainability efforts increase the level of employee engagement. a. True b. False

Q: Immanuel Kant is a social contract theorist.

Q: Socially responsible corporations can count on generating higher profits. a. True b. False

Q: Usury in the charging of interest on a consumer transaction.

Q: In the decision-making process of implementing the decision, a(n) _____ plan must be defined to explain to people how they will move from the old way of doing things to the new way.

Q: A(n) _____ is a statement that highlights an organization's key ethical issues and identifies the overarching values and principles that are important to the organization and its decision making.

Q: Covenantal relationships are based on exchanges between parties. a. True b. False

Q: Jeremy Bentham is a utilitarian.

Q: The media become aware of a social issue during its consolidating stage. a. True b. False

Q: Fingerhut includes installment payment pricing as a sales option.

Q: A(n) _____ is a habit that inclines people to do what is acceptable.

Q: The triple bottom line measures profit, people and _____________.

Q: John Stuart Mill is a utilitarian.

Q: _____ are one's personal beliefs about right and wrong.

Q: Organizations should focus on issues with high __________ and _______________.

Q: Fingerhut targets upper income consumers.

Q: The goal of the _____ approach to ethical decision making is to find the single greatest good by balancing the interests of all affected parties.

Q: According to ___________ theory, the manager's primary ethical obligation is to stockholders in the company.

Q: Utilitarianism need not be selfish.

Q: The _____ approach to decision making suggests that when faced with a complex ethical dilemma, people do either what they are most comfortable doing or what they think a person they admire would do.

Q: _________________ relationships are based on the commitment of parties to each other and loyalty to shared values.

Q: In an environment where employees are encouraged to do "whatever it takes" to get the job done, employees may feel pressure to engage in _____ conduct to meet management's expectations.

Q: "Time-price" is an exception to usury laws.

Q: Companies at the _________________ stage of organizational citizenship development are only interested in complying with laws and industry standards.

Q: Deontology focuses on rights.

Q: A person who acts with _____ acts in accordance with a personal code of principles.

Q: _____________ are standardized procedures for evaluating an organization's social and environmental impact.

Q: The _____ is responsible for the careful and responsible management of an organization.

Q: Fingerhut typically sells products for less than Wal-Mart.

Q: Evaluate issues according to their magnitude and _______________.

Q: Section 404 of the Sarbanes-Oxley Act states that:a. annual reports must contain a statement signed by the CEO and CFO attesting that the information in all of the firm's SEC filings is accurate.b. public companies must disclose their code of ethics as well as any waiver of the code for certain members of senior management.c. a code of ethics must be easily accessible by employees, shareholders, business partners, and the public.d. the code of ethics must continually be applied to a company's decision making and emphasized as animportant part of its culture.

Q: Industry brings job and pollution.

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