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The Legal Environment of Business
Quiz 5: Business Ethics
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Question 61
Multiple Choice
Lucas is a business manager for Micro Manufacturing Company.Ethical dilemmas that Lucas is not likely to encounter include deciding
Question 62
Multiple Choice
Brick & Mortar Construction & Masonry Corporation's ethics committee is asked a question: Should the firm bid low to obtain a contract that it knows it can fulfill only at a higher price? A practical method of investigating and answering this question involves all of the following steps except
Question 63
Multiple Choice
Ricardo suspects his supervisor Simone of unethical accounting practices.But Ricardo does not want to report Simone if she will find out who reported her and fire Ricardo.An important feature of online reporting systems like EthicsPoint is that an employee reporting unethical behavior
Question 64
Multiple Choice
Ethical standards would most likely be considered violated if Team Logos Merchandising Corporation deals with a company in a developing nation that
Question 65
Multiple Choice
Major Construction & Manufacturing Corporation makes a side payment to a government official in India.Under the Foreign Corrupt Practices Act,this is permitted
Question 66
Multiple Choice
Any decision by the management of Fast-Food Franchise Corporation may significantly affect its
Question 67
Essay
Frances,an executive with GMO Seed & Feed,Inc. ,has to decide whether to market a product that could offer substantial benefits but might also have potentially serious side effects for a small percentage of users.How should Frances decide whether to sell the product? How does the standard of ethics that is applied affect this answer?
Question 68
Multiple Choice
Metal Fabrication,Inc.expends funds and takes steps to ensure that all employees are safe on the job,that all products are safe for consumers,and that the environmental impact of the corporation is minimal.Metal's owners and management appear to believe in the concept of
Question 69
Multiple Choice
Mary works in the accounting department of New Trends Sales Company.Her job includes reviewing expense reports submitted by management and employees.In determining which expenses are "padding," Mary should apply to management