Question 1

One of the best ways to evaluate the effectiveness of an ethics system is to perform periodic audits.

Accepted Answer

Periodic audits can help to identify any gaps or weaknesses in the ethics system and provide an opportunity to make necessary improvements.

Question 2

Business ethics consist of the fundamental moral values and behavioral standards that form the foundation for the people of an organization as they make decisions and interact with stakeholders.

Accepted Answer

Business ethics are indeed based on fundamental moral values and behavioral standards that guide decision-making and interactions with stakeholders. These values and standards form the foundation for the culture of an organization and help ensure that its activities are conducted in a responsible and sustainable manner.

Question 3

One of the best ways to identify your own cultural biases is to get exposure to people who are like you.

Accepted Answer

Exposure to people who are like you can reinforce your cultural biases instead of helping you identify them. It is important to seek out diverse perspectives and experiences to challenge and broaden your own worldview.

Question 4

Entrepreneurs can do whatever they want and that conflictive action taken by entrepreneurs against society's ethical standards does not incur a price.

Accepted Answer

Entrepreneurs are not exempt from societal ethical standards and if they engage in conflictive actions, they may face legal, financial, and reputational consequences. Entrepreneurs have a responsibility to conduct their businesses in an ethical and socially responsible manner.

Question 5

Social responsibility is the awareness by a company's managers of the social,environmental,political,human,and financial consequences their actions produce.

Accepted Answer

Social responsibility refers to a company's acknowledgement and consideration of the impact their actions have on various aspects of society, including the environment, politics, human rights, and finances. Therefore, the statement is true.

Question 6

Stockholders are the various groups and individuals who affect and are affected by a business.

Accepted Answer

Stockholders, or shareholders, specifically refer to individuals or entities that own shares in a corporation, not all groups and individuals who affect and are affected by a business. Those would be better described as stakeholders.

Question 7

Despite the fact that AIDS is becoming more common in the workplace,few businesses are prepared to deal with it.

Accepted Answer

Despite the increasing prevalence of AIDS in the workplace, not many businesses have developed protocols or policies to address it appropriately.

Question 8

An employer can be held liable for third parties who engage in sexual harassment if the employer has the ability to stop the improper behavior.

Accepted Answer

Employers are responsible for maintaining a safe and harassment-free workplace. If a third party engages in sexual harassment and the employer is aware of it but fails to take action, they can be held liable. The employer's ability to stop the behavior is a factor in determining their liability.

Question 9

Ethical behavior is concerned with doing things "right."

Accepted Answer

The answer of Ethical behavior is concerned with doing things...

Question 10

Employers should not keep employees' medical records strictly confidential.

Accepted Answer

Employers are required to keep employees' medical records strictly confidential under the Health Insurance Portability and Accountability Act (HIPAA) and the Americans with Disabilities Act (ADA). Sharing an employee's medical information without their consent is a violation of privacy and can lead to legal consequences.

Question 11

When there does not exist a positive organizational culture which stresses ethical behavior regardless of consequences,employees may respond to feelings of pressure and compromise personal ethical standards to ensure that a contract is not lost or that a project is completed on time.

Accepted Answer

Without a positive organizational culture that prioritizes ethical behavior, employees may feel pressured to compromise their personal ethical standards in order to meet business goals or deadlines.

Question 12

The United States Supreme Court changed the nature of an employer's liability for sexual harassment,rejecting the previous standard that the employer had to be negligent somehow to be liable for a supervisor's improper behavior toward employees.

Accepted Answer

The statement accurately reflects the Supreme Court's decision in the case of Faragher v. City of Boca Raton and Burlington Industries, Inc. v. Ellerth, in which they established a new standard of employer liability for sexual harassment by a supervisor, known as vicarious liability. Under this standard, an employer can be held liable for a supervisor's harassment of an employee even if the employer was not aware of the harassment, as long as the harassment resulted in a tangible employment action.

Question 13

Progressive companies are taking their environmental policies a step further,creating redesigned,"clean" manufacturing systems that focus on avoiding waste and pollution.

Accepted Answer

The statement correctly describes progressive companies' efforts to create "clean" manufacturing systems that prioritize sustainability and minimizing waste and pollution.

Question 14

One of the policies of sexual harassment is to not have sanctions and penalties for engaging in harassment.

Accepted Answer

Sanctions and penalties are necessary to discourage and prevent sexual harassment in any setting, including the workplace, schools, and other institutions. Not having any consequences for harassing behavior only serves to perpetuate a culture of harassment and discrimination. Many laws, codes of conduct, and workplace policies mandate disciplinary action, including termination of employment, against employees or individuals found guilty of sexual harassment.

Question 15

To cope successfully with the myriad ethical decisions they face,entrepreneurs must develop a workable ethical framework to guide themselves and the organization.

Accepted Answer

Developing an ethical framework is essential for entrepreneurs to make ethical decisions that align with the organization's values and goals. Without such a framework, entrepreneurs may struggle with ethical dilemmas and may not make decisions that prioritize ethical considerations.

Question 16

Decisions based on assumptions are bound to be flawless.

Accepted Answer

Decisions based on assumptions are not bound to be flawless because assumptions can be incorrect or based on incomplete information, leading to flawed decision-making. It is important to gather data and verify assumptions before making decisions.

Question 17

A code of ethics is a written statement of the standards of behavior and ethical principles a company expects from its employees.

Accepted Answer

A code of ethics is a formal document that outlines the ethical principles and standards of behavior that a company expects its employees to follow. It serves as a guideline for employees to make decisions and conduct themselves in an ethical and responsible manner.

Question 18

Employees are at the heart of increases in productivity and they add the personal touch that puts the passion in customer service.

Accepted Answer

Employees play a critical role in improving productivity and providing excellent customer service. Their skills, knowledge, and enthusiasm are essential for delivering high-quality products and services. Additionally, employees contribute to a positive work culture, which can lead to better morale, job satisfaction, and overall performance. Without dedicated and engaged employees, it is difficult to achieve long-term success in any business.

Question 19

Businesses have a responsibility to the communities in which they operate,according to your authors.

Accepted Answer

The authors believe that businesses have a responsibility to the communities in which they operate.

Question 20

What managers and owners say is more important in determining employee ethical behavior than what they do.

Accepted Answer

Employees often model their behavior on what they observe from their managers and owners, making actions more influential than words in shaping ethical conduct in the workplace.

Quiz 2: Ethics and Social Responsibility: Doing the Right Thing