Question 1

The general value system, ethical principles, and specific ethical rules that a company tries to apply is know as its

Accepted Answer

A company's code of ethics outlines the general value system, ethical principles, and specific ethical rules that it strives to adhere to.

Question 2

Which of the following statements regarding an organization's effective code of ethics is not true?

Accepted Answer

Effective codes of ethics are designed to guide long-term behavior and decision-making, fostering a sustainable and ethical culture within the organization, rather than focusing on short-term interests.

Question 3

Which of the following statement is not typical of most corporate codes of ethics?

Accepted Answer

Corporate codes of ethics typically cover a broad range of issues and problem areas that organizations and their members may encounter, not a narrow range.

Question 4

Training designed to help managers clarify their ethical framework and practice self-discipline when making decisions in difficult circumstances is referred to as

Accepted Answer

Ethical training is specifically designed to help individuals, including managers, understand their own ethical beliefs and frameworks, and to practice self-discipline in making decisions, especially in challenging situations. This type of training focuses on enhancing ethical awareness and decision-making skills.

Question 5

A recent study by the Center for Business Ethics found that __________ of the 1,000 largest U.S. companies provide some form of ethics training to their employees.

Accepted Answer

The answer of A recent study by the Center for...

Question 6

__________ exposes wrongdoing within her firm to preserve ethical standards and protect the against illegal acts.

Accepted Answer

A whistleblower is someone who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is either private or public. The act of whistleblowing provides a check on the powers within organizations by holding them accountable for their actions.

Question 7

Ethics training programs have been found to produce all of the following benefits except

Accepted Answer

Ethics training programs are designed to improve ethical behavior, not to help employees rationalize unethical behavior. They aim to clarify ethical frameworks, promote self-discipline in decision-making, provide strategic advantages, and increase awareness of ethics in business decision-making.

Question 8

__________ occurs when an insider reports alleged organizational misconduct to the public.

Accepted Answer

Whistleblowing is the act of an insider, often an employee, reporting misconduct, illegal activities, or unethical behavior within an organization to the public or those in positions of authority.

Question 9

Under the False Claims Act, whistleblowers can receive up to __________ percent of any money recovered by the government.

Accepted Answer

Under the False Claims Act, whistleblowers, also known as "relators," can receive between 15% and 30% of the recovered amount, making 25% a possible percentage.

Question 10

A person who exposes organizational misconduct or wrongdoing to the public is referred to as a

Accepted Answer

A whistleblower is someone who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is either private or public.

Question 11

Roger Ebbers received an e-mail message by accident and learned that three of the top managers in the company he worked for were involved in illegal activities. After several sleepless nights, Roger finally decided to report what he knew to the president of the firm. In this instance, Roger would be referred to as a

Accepted Answer

Roger would be referred to as a whistleblower because he reported illegal activities within his company to someone in a higher position of authority. Whistleblowers expose wrongdoing, typically within an organization.

Question 12

Recently, some employees of a major manufacturer company reported to the FBI that the company was knowingly using defective parts in its manufacturing process. This type of reporting is known as

Accepted Answer

Whistleblowing refers to the act of an employee exposing any kind of information or activity within a private, public, or government organization that is deemed illegal, unethical, or not correct. In this scenario, employees reporting the use of defective parts is a classic example of whistleblowing, as they are exposing practices within their company that could potentially harm consumers or the public.

Question 13

Match each term with the correct statement below.
-responding to social challenges only when it is necessary as a defensive measure

Accepted Answer

Defense refers to a company's approach to social responsibility where it only responds to social challenges when it is necessary, often as a defensive measure to avoid criticism or comply with legal requirements, rather than proactively engaging in social initiatives.

Question 14

Match each term with the correct statement below.
-business's obligation to act honorably and reflect and enforce values consistent with those of society

Accepted Answer

The answer of Match each term with the correct statement...

Question 15

Match each term with the correct statement below.
-readily adapting behaviors to comply with public policy and regulation where necessary and more importantly, attempting to be responsive to public expectations

Accepted Answer

Accommodation refers to adapting behaviors to comply with public policy and regulation and being responsive to public expectations.

Question 16

Match each term with the correct statement below.
-proactively seeking to improve the welfare of society

Accepted Answer

Proaction refers to taking initiative and actions in advance to change or improve situations, which aligns with the idea of proactively seeking to improve the welfare of society.

Question 17

Match each term with the correct statement below.
-proactively seeking to contribute to society in a positive way

Accepted Answer

The answer of Match each term with the correct statement...

Question 18

Match each term with the correct statement below.
-the responsibility of business to make a profit within the "rules of the game"

Accepted Answer

The economic perspective on business responsibility emphasizes the primary goal of making a profit within the established legal and ethical boundaries, often referred to as playing by the "rules of the game."

Question 19

Match each term with the correct statement below.
-an implied set of rights and obligations that are inherent to social policy and assumed by business

Accepted Answer

A social contract refers to the implied set of rights and obligations that are inherent to social policy and assumed by business, indicating the expectations society has of business operations and their impact on the broader community.

Question 20

Match each term with the correct statement below.
-all those who are affected by or can affect the activities of the firm

Accepted Answer

Stakeholders are individuals or groups that are affected by or can affect the activities of a firm, encompassing a wide range of entities such as employees, customers, suppliers, and the community at large.

Quiz 3: Social Responsibility and Ethics

The general value system, ethical principles, and specific ethical rules that a company tries to apply is know as its

Which of the following statements regarding an organization's effective code of ethics is not true?

Which of the following statement is not typical of most corporate codes of ethics?

Training designed to help managers clarify their ethical framework and practice self-discipline when making decisions in difficult circumstances is referred to as

A recent study by the Center for Business Ethics found that __________ of the 1,000 largest U.S. companies provide some form of ethics training to their employees.

__________ exposes wrongdoing within her firm to preserve ethical standards and protect the against illegal acts.

Ethics training programs have been found to produce all of the following benefits except

__________ occurs when an insider reports alleged organizational misconduct to the public.

Under the False Claims Act, whistleblowers can receive up to __________ percent of any money recovered by the government.

A person who exposes organizational misconduct or wrongdoing to the public is referred to as a

Recently, some employees of a major manufacturer company reported to the FBI that the company was knowingly using defective parts in its manufacturing process. This type of reporting is known as

Match each term with the correct statement below. -responding to social challenges only when it is necessary as a defensive measure

Match each term with the correct statement below. -business's obligation to act honorably and reflect and enforce values consistent with those of society

Match each term with the correct statement below. -readily adapting behaviors to comply with public policy and regulation where necessary and more importantly, attempting to be responsive to public expectations

Match each term with the correct statement below. -proactively seeking to improve the welfare of society

Match each term with the correct statement below. -proactively seeking to contribute to society in a positive way

Match each term with the correct statement below. -the responsibility of business to make a profit within the "rules of the game"

Match each term with the correct statement below. -an implied set of rights and obligations that are inherent to social policy and assumed by business

Match each term with the correct statement below. -all those who are affected by or can affect the activities of the firm