Question 1

Julian takes used office supplies from his employer and donates them to underprivileged schools and youth groups in his community. This action can bebest described as

Accepted Answer

Taking items from an employer without permission is considered theft, which is illegal. However, donating these items to underprivileged schools and youth groups is seen as an ethical action because it benefits society.

Question 2

MachineWerks Manufacturing wants to encourage responsible conduct for its employees. What wouldmost likely help MachineWerks to meet this goal?

Accepted Answer

An integrity-based ethics code focuses on creating a culture of ethical behavior and responsibility, which aligns with encouraging responsible conduct among employees.

Question 3

King Filtration disposed of its obsolete water filters in the past, even if they were unused. After hiring an ethics officer, she suggested an innovative approach-donate the filters to communities with contaminated water. Which of the social audit areas does this examplebest represent?

Accepted Answer

The answer of King Filtration disposed of its obsolete water...

Question 4

CertPro Logistics was recently in the news after being fined for failing to honor an important government contract. What ismost likely to happen?

Accepted Answer

Failing to honor a government contract can lead to a damaged reputation as stakeholders, including customers, partners, and the public, may lose trust in the company's reliability and ethical standards.

Question 5

ESCO Manufacturing hired an ethics officer last year. Her first goal was to research the two types of ethical codes and summarize them to the senior leadership team. She has also been asked to explain what ESCO could expect to accomplish by implementing both codes. Help the ethics officer by describing the key functions of both types of ethical codes. What do you think the organization can accomplish by implementing both codes?

Accepted Answer

The answer of ESCO Manufacturing hired an ethics officer last...

Question 6

Describe the argument behind the belief that corporate social responsibility and profit are contradictory goals. Similarly, describe the argument behind the belief that corporate social responsibility must be pursued concurrently. Which of the arguments is the ideal approach and why?

Accepted Answer

The answer of Describe the argument behind the belief that...

Question 7

608 Entertainment wants to evaluate its social performance and hires a consultant to help. Assist the consultant by describing at least three areas that should be considered during their evaluation of 608 Entertainment.

Accepted Answer

The answer of 608 Entertainment wants to evaluate its social...

Question 8

Provide examples of unethical and illegal behavior and describe their negative effect on a business.

Accepted Answer

The answer of Provide examples of unethical and illegal behavior...

Question 9

The ethics officer at Homeshield Security is meeting with the board and has been asked to provide examples of groups that will benefit from ethical business practices within the company. Provide at least three examples he can use for his meeting.

Accepted Answer

The answer of The ethics officer at Homeshield Security is...

Question 10

Theterm value refers to a temporary feeling that helps determine people's behavior.

Accepted Answer

Value refers to a person's principles or standards of behavior; one's judgment of what is important in life, not just a temporary feeling. Values are deeply held beliefs that influence behavior over the long term.

Question 11

An example of a business situation in the United States that is both illegal and unethical is canceling a company retirement plan.

Accepted Answer

Canceling a company retirement plan in itself is not illegal if it is done within the framework of the law and with proper notice to employees. However, it can be considered unethical depending on the circumstances and how it affects employees.

Question 12

A company diversity policy is legal but unethical.

Accepted Answer

Whether a company's diversity policy is ethical depends on its content, implementation, and impact. A well-designed and fairly implemented diversity policy is generally considered ethical because it promotes inclusivity, equal opportunity, and respect for all employees. However, if a policy is discriminatory or implemented unfairly, it could be considered unethical. The statement assumes all diversity policies are unethical, which is not accurate.

Question 13

To foster high ethical standards, managers should conduct formal training programs in ethics.

Accepted Answer

Formal training programs in ethics help in clearly communicating the organization's values, expectations, and policies, thereby fostering high ethical standards among employees.

Question 14

A clerk deciding to steal office supplies because managers are using the company jet for personal vacation travel is an example of the importance of a company having managers who support a strong ethical climate.

Accepted Answer

This scenario illustrates how unethical behavior by management can influence employees to also act unethically, highlighting the importance of managers supporting a strong ethical climate to prevent such misconduct.

Question 15

A compliance-based ethics code attempts to foster responsible employee conduct by creating an environment that supports ethically desirable behavior.

Accepted Answer

A compliance-based ethics code focuses on preventing, detecting, and punishing legal violations, rather than fostering an environment that supports ethically desirable behavior, which is more characteristic of an integrity-based ethics code.

Question 16

A values-based ethics code attempts to prevent criminal misconduct by increasing control and by punishing violators.

Accepted Answer

A values-based ethics code focuses on aligning behavior with the core values of an organization, encouraging ethical behavior through shared values and positive reinforcement rather than primarily through control and punishment.

Question 17

In 2002, the Code of Ethics established protections for whistleblowers, recordkeeping requirements for public companies, and penalties for noncompliance.

Accepted Answer

The answer of In 2002, the Code of Ethics established...

Question 18

A concern for taking actions that will benefit society as well as the organization is known as corporate strategy.

Accepted Answer

This concern is known as corporate social responsibility (CSR), not corporate strategy. Corporate strategy refers to the overall strategic direction of a company and the way in which its various business operations work together to achieve particular goals.

Question 19

When a corporation is socially responsible, it can improve people's lives.

Accepted Answer

Socially responsible corporations often engage in practices that benefit the community, environment, and society at large, which can lead to improved quality of life for individuals.

Question 20

A well-known argument against corporate social responsibility is that society will suffer if a company is distracted from its mission of maximizing profits.

Accepted Answer

The argument posits that companies focusing on maximizing profits will inherently benefit society by efficiently allocating resources, creating jobs, and providing goods and services. Distracting from this focus with other social responsibilities could lead to inefficiencies and ultimately harm societal welfare.

Quiz 2: Acting Ethically and Socially Responsible