Question 1

A large amount of retail theft is committed by employees; therefore, Suit Up, Inc., requires that managers personally unlock fitting rooms and count the number of items taken to the fitting rooms by not just customers but sales associates too. This policy is written in the company manual and breaking with the policy is grounds for dismissal. It is correct to say that this is part of Suit Up's compliance-based ethics.

Accepted Answer

A) True 
 B)False

Question 2

Creating competition between employees within the corporation

Accepted Answer

A)   can encourage employees to deceive customers.
B)   should focus on improving corporate profit.
C)   must be ignored when corporate ethics are developed.
D)   can bring out the best in employees.E) A) and B)
F) A) and C)

Question 3

What is the benefit of employing an ethics officer?

Accepted Answer

A)   This professional serves as a law-enforcement officer, with the authority to arrest employees who do not abide by the ethics code.
B)   This individual writes the ethics code and keeps this document current. He has sole authority to change the document as he sees fit.
C)   This professional has the responsibility to make certain that the ethics code remains a private company document; however, since the position has very little authority, it becomes a token job with high turnover.
D)   This individual's job is dedicated to objectively investigating ethics breaches. If necessary, employees feel comfortable with communicating confidentially to this professional.E) A) and D)
F) B) and D)

Question 4

In order to be successful, efforts to improve the ethical behavior of businesses must begin with top management's support of a corporate code of conduct.

Accepted Answer

A) True 
 B)False

Question 5

Trying to make decisions that will benefit all parties involved is consistent with the question "How will it make me feel about myself?"

Accepted Answer

A) True 
 B)False

Question 6

Investors today are realizing financial benefit by investing in

Accepted Answer

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

Question 7

Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.

Accepted Answer

A) True 
 B)False

Question 8

The green movement

Accepted Answer

A)   is not a good strategic consideration for contemporary firms.
B)   will never benefit a firm financially.
C)   is benefiting all firms financially.
D)   has created jobs.E) A) and D)
F) A) and C)

Question 9

Both managers and workers cite low managerial ethics as a major cause of American businesses' competitive woes.

Accepted Answer

A) True 
 B)False

Question 10

U.S. businesses have little influence over the behavior of businesses from other countries.

Accepted Answer

A) True 
 B)False

Question 11

Insider trading involves

Accepted Answer

A)   an online activity that establishes a barter exchange system between businesses.
B)   investors using private company information to further their own fortunes.
C)   the exchange of assets between companies in the same industry.
D)   a payment or reward for socially conscious behavior.E) B) and D)
F) B) and C)

Question 12

The social audit is

Accepted Answer

A)   a company report that always includes a net social contribution.
B)   a government-mandated report required of all firms that have a business license.
C)   a company evaluation that measures the firm's social contributions inside and outside of the firm.
D)   a recent development that creates a ratio to compare a firm's corporate philanthropy to its profits.E) A) and B)
F) A) and C)

Question 13

Which of the following is a characteristic of an effective ethics officer?

Accepted Answer

A)   A background in human resource management
B)   Exceptionally organized
C)   Has a capacity to serve as a counselor and an investigator
D)   Communicates primarily via e-mailE) A) and C)
F) A) and B)

Question 14

Due to the complicated laws and ethical standards abroad, U.S. businesses are encouraged to adopt a "don't ask, don't tell" policy.

Accepted Answer

A) True 
 B)False

Question 15

Which of the following questions will help individuals and organizations when deciding if their decisions are ethical?

Accepted Answer

A)   Can I do this without getting caught?
B)   Is it balanced?
C)   Has it been done before?
D)   Is there a desirable alternative?E) None of the above
F) All of the above

Question 16

Businesses are under more and more pressure from society to be socially responsible. However, even the strongest advocates for corporate responsibility can't seem to agree

Accepted Answer

A)   on what social responsibility involves.
B)   who should be policing businesses' behavior.
C)   if all businesses, large and small, should be held to the same standards.
D)   if politicians should be held to the same standards of behavior.E) A) and B)
F) None of the above

Question 17

With respect to business ethics, it can be said "it takes two to tango." This indicates that

Accepted Answer

A)   dancing around issues should be part of a company's code of ethics.
B)   an individual's behavior is influenced by the behavior of others.
C)   teamwork eliminates a need for one's personal ethics.
D)   management is insensitive to ethical issues.E) B) and D)
F) None of the above

Question 18

After developing a code of ethics, it should be communicated to

Accepted Answer

A)   everyone with whom the business has dealings.
B)   the Attorney General in jurisdictions where the business has operations.
C)   all levels of management.
D)   stockholders.E) None of the above
F) All of the above

Question 19

Corporate social responsibility covers all those social issues outside our businesses that affect customers and the environment, but not internal issues such as employee considerations and work safety. Internal issues are covered by business laws.

Accepted Answer

A) True 
 B)False

Question 20

The International Organization for Standardization (ISO) plans to publish a standard on social responsibility called ISO 26000.

Accepted Answer

A) True 
 B)False

Exam 4: Demanding Ethical and Socially Responsible Behavior

Corporate social responsibility covers all those social issues outside our businesses that affect customers and the environment, but not internal issues such as employee considerations and work safety. Internal issues are covered by business laws.

Correct Answer
verified

Trying to make decisions that will benefit all parties involved is consistent with the question "How will it make me feel about myself?"

Correct Answer
verified

Both managers and workers cite low managerial ethics as a major cause of American businesses' competitive woes.

Correct Answer
verified

Insider trading involves

Correct Answer
verified

Businesses are under more and more pressure from society to be socially responsible. However, even the strongest advocates for corporate responsibility can't seem to agree

Correct Answer
verified

Investors today are realizing financial benefit by investing in

Correct Answer
verified

Creating competition between employees within the corporation

Correct Answer
verified

Due to the complicated laws and ethical standards abroad, U.S. businesses are encouraged to adopt a "don't ask, don't tell" policy.

Correct Answer
verified

U.S. businesses have little influence over the behavior of businesses from other countries.

Correct Answer
verified

In order to be successful, efforts to improve the ethical behavior of businesses must begin with top management's support of a corporate code of conduct.

Correct Answer
verified

What is the benefit of employing an ethics officer?

Correct Answer
verified

Which of the following is a characteristic of an effective ethics officer?

Correct Answer
verified

Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.

Correct Answer
verified

The social audit is

Correct Answer
verified

After developing a code of ethics, it should be communicated to

Correct Answer
verified

Correct Answer
verified

The International Organization for Standardization (ISO) plans to publish a standard on social responsibility called ISO 26000.

Correct Answer
verified

The green movement

Correct Answer
verified

With respect to business ethics, it can be said "it takes two to tango." This indicates that

Correct Answer
verified

Which of the following questions will help individuals and organizations when deciding if their decisions are ethical?

Correct Answer
verified

Exam 4: Demanding Ethical and Socially Responsible Behavior

Corporate social responsibility covers all those social issues outside our businesses that affect customers and the environment, but not internal issues such as employee considerations and work safety. Internal issues are covered by business laws.

Correct AnswerverifiedShow Answer

Trying to make decisions that will benefit all parties involved is consistent with the question "How will it make me feel about myself?"

Correct AnswerverifiedShow Answer

Both managers and workers cite low managerial ethics as a major cause of American businesses' competitive woes.

Correct AnswerverifiedShow Answer

Insider trading involves

Correct AnswerverifiedShow Answer

Businesses are under more and more pressure from society to be socially responsible. However, even the strongest advocates for corporate responsibility can't seem to agree

Correct AnswerverifiedShow Answer

Investors today are realizing financial benefit by investing in

Correct AnswerverifiedShow Answer

Creating competition between employees within the corporation

Correct AnswerverifiedShow Answer

Due to the complicated laws and ethical standards abroad, U.S. businesses are encouraged to adopt a "don't ask, don't tell" policy.

Correct AnswerverifiedShow Answer

U.S. businesses have little influence over the behavior of businesses from other countries.

Correct AnswerverifiedShow Answer

In order to be successful, efforts to improve the ethical behavior of businesses must begin with top management's support of a corporate code of conduct.

Correct AnswerverifiedShow Answer

What is the benefit of employing an ethics officer?

Correct AnswerverifiedShow Answer

Which of the following is a characteristic of an effective ethics officer?

Correct AnswerverifiedShow Answer

Some investors believe it makes financial as well as moral sense to invest in companies whose practices promote sensitivity toward the environment.

Correct AnswerverifiedShow Answer

The social audit is

Correct AnswerverifiedShow Answer

After developing a code of ethics, it should be communicated to

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

The International Organization for Standardization (ISO) plans to publish a standard on social responsibility called ISO 26000.

Correct AnswerverifiedShow Answer

The green movement

Correct AnswerverifiedShow Answer

With respect to business ethics, it can be said "it takes two to tango." This indicates that

Correct AnswerverifiedShow Answer

Which of the following questions will help individuals and organizations when deciding if their decisions are ethical?

Correct AnswerverifiedShow Answer

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