Business Ethics

Which of the following is not an advantage of having a comprehensive code of conduct?

Please fill in the missing part in a manner consistent with business ethics.

_____ evaluates the morality of an action on the basis of its conformity to general moral principles and respect for individual rights.

Which-one(s) of the following statement(s) is(are) correct?

1. A code of ethics consists of general statements that serve as principles and as the basis for rules of conduct.

2. A code of ethics generally specifies methods for reporting violations, disciplinary actions for violations, and a structure of due process.

3. Usually, a code of ethics is more akin to regulatory rules whereas a code of conduct must contain inspirational and even altruistic statements.

If management fails to identify and educate employees about ethical problem areas, ethical issues may not reach the critical _____.

_____ have been found to decrease unethical practices and increase positive work behavior. 

Which of the following legislation has increased the responsibilities on ethics officers and boards of directors to monitor financial reporting?

Please fill in the missing part in a manner consistent with business ethics.

_____ is based upon the assumption that people are predictable and will maximize the utility of their choices relative to their needs and wants.

_____ are formal statements that describe what an organization expects of its employees in terms of ethical behavior.

Which of the following types of leaders attempts to create employee satisfaction through bartering or negotiating for desired behaviors or level of performance?

_____ occurs when the middle class shrinks, resulting in highly concentrated wealth amongst the rich and a large number of poor people with very few resources.

Please fill in the missing part in a manner consistent with business ethics.

Though obviously not a person, a corporation can be considered a moral agent in society created to perform specific social functions. It is therefore responsible to _____ for its actions. Because corporations have characteristics of agents, responsibility for _____ behavior is assigned to them as legal entities, as well as to individuals or work groups they employ.

The degree to which a firm understands and addresses stakeholder demands can be referred to as

The four types of communication are interpersonal, small group, nonverbal, and listening.

Chapter 11, Check your EQ

_____ is the offering of something of value in order to gain an illicit advantage.

A compliance program should be deemed effective if it addresses the seven minimum requirements for ethical compliance programs.

Chapter 8, Check your EQ

Which of the following is a measure taken by governments to curtail MNC practices that create ethical issues?

When in Rome, do as the Romans do, or you must adapt to the cultural practices of the country in which you are operating are rationalizations businesspeople sometimes offer for straying from their own ethical values when doing business abroad. This practice is called

An individual who defines what is right by considering his/her duty to society, not just to other specific people, is in which of Kohlberg's stages of cognitive moral development?

Which of the following is not an advantage of having a comprehensive code of conduct?

Trying to pinpoint who is responsible for environmental degradation is not always easy, especially when it involves _____.

The importance of a decision in the eyes of an organisation relates to which part of the ethical decision-making framework?

Power distance dimension refers to the “power inequality” between superiors and subordinates. Which of the following countries probably ranks high on the power distance scale?

Business ethics contributes to investor loyalty.

Chapter 1, Check your EQ

Which moral philosophy considers an act to be morally right or acceptable if it produces some desired result?

If management fails to identify and educate employees about ethical problem areas, ethical issues may not reach the critical

Organizations highly committed to environmental responsibility may conduct an audit of their efforts and report the results to all interested _____.

Concerns involving copyright infringement on books, movies and music, and other illegally produced goods relate to which type of ethical issue?

All of these are true about feedback except ...

Which moral philosophy evaluates the morality of an action on the basis of its consequences for everyone affected (seeks the greatest good for the greatest number)?

Please fill in the missing part in a manner consistent with business ethics.

Green marketing is a strategic process involving stakeholder assessment to create meaningful _____ relationships with customers while maintaining, supporting, and enhancing the _____.

Business ethics focuses mostly on personal ethical values

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This occurs when leaders and followers share the same vision, ethical expectations, and objectives for the company.

A person who offers a facilitation payment in order to secure a contract that will keep her company from going bankrupt and laying off hundreds of employees may be a(n)

Investments in business ethics do not support the bottom line.

Chapter 1, Check your EQ

Please complete the sentence below in a manner consistent with business ethics.

Regarding the locus of control, employees that believe they control the events in their lives by their own effort and skill believe in

Core values are enduring beliefs about appropriate conduct.

Which moral philosophy evaluates the morality of an action on the basis of its conformity to general moral principles and respect for individual rights?

_____ assumes that humans may not act rationally because of genetics, learned behavior, and rules of thumb.

Many businesses responded to sustainability by adopting a triple-bottom line approach; taking into consideration social and environmental performance variables in addition to _____.

The most significant influence on ethical behavior in an organization is the opportunity to engage in (un)ethical behavior.

Chapter 5, Check your EQ