Business Ethics

Discovery in the RADAR model involves proactively trying to uncover ethical risk areas that could lead to misconduct.

Transactional leadership strives to raise employees' level of commitment and to foster trust and motivation.

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

Ethical conflicts occur when there are two or more positions on an ethical decision.

Ethical leadership is solely the concern of top management.

Stakeholder assessment is an important part of a high-commitment approach to environmental issues.

Greenwashing is a strategic process involving stakeholders assessment to create meaningful long-term relationships with customers, while maintaining, supporting, and enhancing the natural environment.

Ethanol, fracking, and hydropower are all forms of alternative energy.

The Environmental Protection Agency (EPA) deals with environmental issues and enforces environmental legislation is the United States.

Sustainability is the potential for the long-term well-being of the natural environment including all biological entities, as well as the mutually beneficial interactions among nature and individuals, organizations, and business strategies.

Certain facilitating payments are acceptable under the Foreign Corrupt Practices Act.

Multinational corporations have identifiable home countries but operate globally.

One of the critical ethical business issues linked to cultural differences is the question of whose values and ethical standards take precedence during international negotiations and business transactions.

The self-refrence criterion is an unconscious reference to one's own cultural values, experience, and knowledge.

Most countries have a strong orientation toward ethical and legal compliance.

An ethical compliance audit is designed to determine the effectiveness of ethics initiatives.

The key goal of ethics training is to help employees identify ethical issues.

Ethical compliance can be measured by observing employees as well as through investigating and reporting mechanisms.

The accountability and responsibility for appropriate business conduct rests with top management.

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

Virtues supporting business transactions include trust, fairness, trustfulness, competitiveness, and focus.

Act deontology requires a person use equity, fairness, and impartiality in making decisions and evaluating actions.

A utilitarian is most concerned with bottom-line benefits.

A relativist looks at an ethical situation and considers the individuals and groups involved.

Teleology defines right or acceptable behavior in terms of its consequences for the individual.

Obedience to authority relates to the influence of corporate culture.

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

Core values are enduring beliefs about appropriate conduct.

"Opportunity" describes the conditions within an organization that limit or permit ethical or unethical behavior

The first step in the ethical decision making is to understand the individual factors that influence the process.

Time theft is the most commonly observed type of misconduct.

Fraud occurs when a false impression exists, which conceals facts.

Only 10% of employees observe abusive behavior in the workplace.

Key ethical issues in an organization relate to fraud, discrimination, honesty and fairness, conflicts of interest, and privacy.

Business can be considered a game people play, like basketball or boxing.

The stakeholder perspective is useful in managing social responsibility and business ethics.

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

Three primary stakeholders are customers, special interest groups, and the media.

Stakeholders provide resources that are more or less critical to a firm's long-term success.

Social responsibility in business refers to maximizing the visibility of social involvement.