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Business Ethics

Course Business Ethics FHNW (Business Administration IM)

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Flashcards	246
Language	English
Category	Religion/Ethics
Level	University
Created / Updated	05.01.2025 / 15.01.2025
Weblink	https://card2brain.ch/box/20250105_business_ethics
Embed	<iframe src="https://card2brain.ch/box/20250105_business_ethics/embed" width="780" height="150" scrolling="no" frameborder="0"></iframe>

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During the 1990s the institutionalization of business ethics was largely driven by which piece of legislation?

Sarbanes-Oxley Act

Federal Sentencing Guidelines for Organizations

Dodd-Frank Wall Street Reform and Consumer Protection Act

Foreign Corrupt Practices Act

Global Sullivan Principles

Which of the following is not one of the rights spelled out by John F. Kennedy in his "Consumers' Bill of Rights"?

The right to choose

The right to safety

The right to be informed

The right to be ethical

The right to be heard

The term business ethics is best described by the following statement:

It is the study and philosophy of human conduct, with an emphasis on determining right and wrong.

It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments, standards and rules of conduct."

It is the "study of the general nature of morals and of specific moral choices; moral philosophy; and the rules or standards governing the conduct of the members of a profession."

It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.

It comprises the principles, values, and standards that guide behavior in the world of business.

The _____ was/were enacted to restore confidence in financial reporting and business ethics after the accounting scandals of the early 2000s.

Defense Industry Initiative on Business Ethics and Conduct

Sarbanes-Oxley Act

Federal Sentencing Guidelines for Organizations

Foreign Corrupt Practices Act

Dodd-Frank Wall Street Reform and Consumer Protection Act

Social responsibility is

an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.

principles and standards that guide behavior in the world of business.

a business's responsibility not to pollute the environment.