Multiple Choice Questions

An ethical dilemma refers to a situation where you must:
  • can encourage employees to adopt unethical practices
  • choose between equally unsatisfactory alternatives.
  • between equally unsatisfactory alternatives.
  • a failure of leadership to establish ethical standards.
When working with international firms, U.S. businesses should:
  • can encourage employees to adopt unethical practices
  • expect socially responsible behavior from their business partners.
  • a failure of leadership to establish ethical standards.
  • Making donations that are directly related to a firm's corporate competency.
The purpose of a(n) ________ is to evaluate an organization's progress towards implementing programs that are socially responsible and responsive.
  • enforcement
  • not easily resolved.
  • social audit
  • corporate philanthropy
Green washing:
  • This individual's job is dedicated to objectively investigating ethics breaches. If necessary, employees feel comfortable with communicating confidentially to this professional.
  • a company report that measures the firm's social contributions inside and outside of the firm.
  • investors using private company information to further their own fortunes.
  • is the appearance of being "green", when in fact the business is only making green claims without genuinely demonstrating a commitment to going green.
________ refers to standards of moral behavior
  • not easily resolved.
  • enforcement
  • new and loyal customers.
  • Ethics.
When a firm undertakes corporate social initiatives it is:
  • expect socially responsible behavior from their business partners.
  • can encourage employees to adopt unethical practices
  • a failure of leadership to establish ethical standards.
  • Making donations that are directly related to a firm's corporate competency.
We describe charitable donations by corporations to nonprofit organizations as _________.
  • corporate philanthropy
  • enforcement
  • trust and cooperation.
  • not easily resolved.
Insider trading involves
  • a company report that measures the firm's social contributions inside and outside of the firm.
  • investors using private company information to further their own fortunes.
  • learned by observing the actions of others int he organizations especially the top leaders.
  • Making donations that are directly related to a firm's corporate competency.
Ethical dilemmas in business:
  • Observing the actions of others
  • expect socially responsible behavior from their business partners.
  • choose between equally unsatisfactory alternatives.
  • between equally unsatisfactory alternatives.
Corporate social responsibility describes the firm's:
  • company leaders should adopt and support a corporate code of ethics.
  • reports illegal or unethical behavior in the corporation.
  • concern for the welfare of society
  • has created jobs.
Bernie Madoff's Ponzi scheme swindled about $65 million from customers who invested with his firm. Enron and WorldCom participated in inappropriate accounting methods. According to the Legal Briefcase, "Cost of Corruption":
  • The notion that the financial system is complicated and difficult to understand often perpetuates these crimes.
  • This individual's job is dedicated to objectively investigating ethics breaches. If necessary, employees feel comfortable with communicating confidentially to this professional.
  • Making donations that are directly related to a firm's corporate competency.
  • New laws making accounting records transparent and punishing the wrongdoers may help restore trust.
Business relationships often present ethical dilemmas that are:
  • corporate philanthropy
  • not easily resolved.
  • new and loyal customers.
  • Observing the actions of others
A whistleblower is a person who:
  • concern for the welfare of society
  • reports illegal or unethical behavior in the corporation.
  • company leaders should adopt and support a corporate code of ethics.
  • has created jobs.
A social audit is:
  • choose between equally unsatisfactory alternatives.
  • learned by observing the actions of others int he organizations especially the top leaders.
  • investors using private company information to further their own fortunes.
  • a company report that measures the firm's social contributions inside and outside of the firm.
Given the ethical lapses that are prevalent today in our businesses, which of the following can be done to restore trust in the free-market system and leaders in general?
  • New laws making accounting records transparent and punishing the wrongdoers may help restore trust.
  • investors using private company information to further their own fortunes.
  • learned by observing the actions of others int he organizations especially the top leaders.
  • Making donations that are directly related to a firm's corporate competency.
Creating competition between employees within the corporation:
  • choose between equally unsatisfactory alternatives.
  • a failure of leadership to establish ethical standards.
  • can encourage employees to adopt unethical practices
  • expect socially responsible behavior from their business partners.
To improve America's business ethics:
  • company leaders should adopt and support a corporate code of ethics.
  • reports illegal or unethical behavior in the corporation.
  • concern for the welfare of society
  • has created jobs.
A(n) _______ -based ethics code defines corporate values; creates a supportive environment, and, stresses shared accountability among employees.
  • has created jobs.
  • concern for the welfare of society
  • compliance
  • integrity
The Green Movement:
  • concern for the welfare of society
  • company leaders should adopt and support a corporate code of ethics.
  • reports illegal or unethical behavior in the corporation.
  • has created jobs.
Ethical behavior will result in which of the following?
  • company leaders should adopt and support a corporate code of ethics.
  • Improved self-esteem - makes us feel good about our decision.
  • reports illegal or unethical behavior in the corporation.
  • True
Following an ethics-based approach to decision making will normally lead to higher:
  • corporate philanthropy
  • new and loyal customers.
  • trust and cooperation.
  • not easily resolved.
The majority of CEOs blame unethical employee conduct on:
  • can encourage employees to adopt unethical practices
  • a failure of leadership to establish ethical standards.
  • expect socially responsible behavior from their business partners.
  • Making donations that are directly related to a firm's corporate competency.
Ethical behavior at work is learned by:
  • between equally unsatisfactory alternatives.
  • not easily resolved.
  • Observing the actions of others
  • new and loyal customers.
0 h : 0 m : 1 s

Multiple Choice Questions
Answered Not Answered Not Visited Correct : 0 Incorrect : 0