Question 1

MATCHING
Complete the following using the terms listed.
-A formal statement that defines how an organization expects and requires employees to resolve ethical questions is a(n)_____.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

A code of conduct is a formal statement that defines how an organization expects and requires employees to resolve ethical questions.

Question 2

MATCHING
Complete the following using the terms listed.
-Having _____ means adhering to deeply felt ethical principles in all business situations.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

Integrity refers to having strong moral and ethical principles in all business situations.

Question 3

How could loyalty versus truth create an ethical dilemma for a businessperson?

Accepted Answer

Businesses expect their employees to be loyal and to act in the best interests of the company.An ethical conflict can arise when an individual must decide between loyalty to the company and truthfulness in business relationships.

Question 4

MATCHING
Complete the following using the terms listed.
-Cash contributions,donations of equipment and products,and support of the volunteer efforts of company employees are all examples of _____.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

Corporate philanthropy involves a company's charitable donations, volunteer efforts, and support of causes and initiatives.

Note: None of the other options fit the description of examples of corporate philanthropy.

Question 5

MATCHING
Complete the following using the terms listed.
-The main federal regulatory agency in setting workplace safety and health standards is the _____.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

The Occupational Safety and Health Administration (OSHA) is the main federal regulatory agency responsible for setting and enforcing workplace safety and health standards.

Question 6

MATCHING
Complete the following using the terms listed.
-When a publicly traded firm is suspected of unethical or illegal behavior,the _____ will conduct an investigation.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

The Securities and Exchange Commission (SEC) is the government agency responsible for regulating and overseeing publicly traded companies. If a publicly traded firm is suspected of unethical or illegal behavior, the SEC will conduct an investigation.

Question 7

MATCHING
Complete the following using the terms listed.
-Inappropriate actions of a sexual nature in the workplace is _____.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

Sexual harassment is the inappropriate actions of a sexual nature in the workplace which includes unwanted sexual advances, requests for sexual favors, and other verbal or physical conduct of a sexual nature.

Question 8

MATCHING
Complete the following using the terms listed.
-_____ requires publicly traded companies to announce major information to the general public,rather than first disclosing the information to selected investors.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

Regulation FD (Fair Disclosure) requires publicly traded companies to announce major information to the general public, rather than first disclosing the information to selected investors.

Question 9

MATCHING
Complete the following using the terms listed.
-_____ refers to the responsibility of manufacturers for injuries and damages caused by their goods.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

Product liability refers to the responsibility of manufacturers for injuries and damages caused by their goods.

Question 10

MATCHING
Complete the following using the terms listed.
-_____ is an employee's disclosure to company officials,government authorities,or the media of illegal,immoral,or unethical practices of his or her employer.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

Whistle-blowing is when an employee exposes illegal, immoral, or unethical practices of their employer to company officials, government authorities, or the media.

Question 11

Describe examples of honesty and integrity violations in the workforce.

Accepted Answer

The answer of Describe examples of honesty and integrity violations...

Question 12

MATCHING
Complete the following using the terms listed.
-A situation where a business decision may be influenced by the potential for personal gain is a(n)_____.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

A conflict of interest occurs when a business decision may be influenced by the potential for personal gain, such as when an employee has a financial interest in a supplier and is involved in the decision to use that supplier for the company. It is important for businesses to have a code of conduct in place to address conflicts of interest and maintain integrity. The Sarbanes Oxley Act and Regulation FD also have provisions regarding conflicts of interest.

Question 13

MATCHING
Complete the following using the terms listed.
-Management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating the firm's performance is _____.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

The concept described in the question is social responsibility, which refers to the idea that businesses have an obligation to consider the impact of their actions on society and the environment, in addition to making a profit.

Question 14

Describe the factors that influence business ethics.

Accepted Answer

The answer of Describe the factors that influence business ethics....

Question 15

MATCHING
Complete the following using the terms listed.
-The _____ is a law that protects whistle-blowers who file a lawsuit on behalf of the government if they believe that a company has somehow defrauded the government.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

The False Claims Act is the law that protects whistle-blowers who file a lawsuit on behalf of the government if they believe that a company has somehow defrauded the government. The other terms listed are not directly related to this specific legal protection.

Question 16

List and briefly describe the three stages of moral and ethical development.

Accepted Answer

The answer of List and briefly describe the three stages...

Question 17

What are business ethics and why are they important?

Accepted Answer

The answer of What are business ethics and why are...

Question 18

MATCHING
Complete the following using the terms listed.
-The standards of conduct and moral values governing actions and decisions in the work environment are _____.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

The answer of MATCHING
Complete the following using the terms listed.
-The...

Question 19

MATCHING
Complete the following using the terms listed.
-A person in the _____ of ethical development is able to move beyond self-interest and take into account the larger needs of society.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

The post-conventional stage of ethical development is characterized by the ability to move beyond self-interest and consider the larger needs of society.

Question 20

MATCHING
Complete the following using the terms listed.
-The Civil Rights Act (1964)outlaws _____ in the workplace.
A)Securities and Exchange Commission (SEC)
B)Occupational Safety and Health Administration (OSHA)
C)Sarbanes Oxley
D)integrity
E)corporate philanthropy
F)social responsibility
G)business ethics
H)sexual harassment
I)code of conduct
J)conflict of interest
K)product liability
L)post-conventional stage
M)Regulation FD
N)whistle-blowing
O)discrimination

Accepted Answer

Discrimination is the term that aligns with the Civil Rights Act (1964) and specifically addresses outlawing discriminatory practices in the workplace.

Answer: H
 Sexual harassment is a form of discrimination that can occur in the workplace, and is therefore addressed by the Civil Rights Act (1964).

Answer: I
 A code of conduct is a set of standards and guidelines that an organization uses to guide ethical behavior and decision-making. While not specifically addressed by the Civil Rights Act (1964), implementing a code of conduct can help an organization avoid discriminatory practices in the workplace.

Answer: N
 Whistle-blowing refers to the act of reporting illegal or unethical behavior within an organization. While not directly related to the Civil Rights Act (1964), whistle-blowing can help to expose discriminatory practices in the workplace.

Quiz 2: Business Ethics and Social Responsibility

MATCHING Complete the following using the terms listed. -A formal statement that defines how an organization expects and requires employees to resolve ethical questions is a(n) _____.

MATCHING Complete the following using the terms listed. -Having _____ means adhering to deeply felt ethical principles in all business situations.

How could loyalty versus truth create an ethical dilemma for a businessperson?

MATCHING Complete the following using the terms listed. -Cash contributions,donations of equipment and products,and support of the volunteer efforts of company employees are all examples of _____.

MATCHING Complete the following using the terms listed. -The main federal regulatory agency in setting workplace safety and health standards is the _____.

MATCHING Complete the following using the terms listed. -When a publicly traded firm is suspected of unethical or illegal behavior,the _____ will conduct an investigation.

MATCHING Complete the following using the terms listed. -Inappropriate actions of a sexual nature in the workplace is _____.

MATCHING Complete the following using the terms listed. -_____ requires publicly traded companies to announce major information to the general public,rather than first disclosing the information to selected investors.

MATCHING Complete the following using the terms listed. -_____ refers to the responsibility of manufacturers for injuries and damages caused by their goods.

MATCHING Complete the following using the terms listed. -_____ is an employee's disclosure to company officials,government authorities,or the media of illegal,immoral,or unethical practices of his or her employer.

Describe examples of honesty and integrity violations in the workforce.

MATCHING Complete the following using the terms listed. -A situation where a business decision may be influenced by the potential for personal gain is a(n) _____.

MATCHING Complete the following using the terms listed. -Management's acceptance of the obligation to consider profit,consumer satisfaction,and societal well-being of equal value in evaluating the firm's performance is _____.

Describe the factors that influence business ethics.

MATCHING Complete the following using the terms listed. -The _____ is a law that protects whistle-blowers who file a lawsuit on behalf of the government if they believe that a company has somehow defrauded the government.

List and briefly describe the three stages of moral and ethical development.

What are business ethics and why are they important?

MATCHING Complete the following using the terms listed. -The standards of conduct and moral values governing actions and decisions in the work environment are _____.

MATCHING Complete the following using the terms listed. -A person in the _____ of ethical development is able to move beyond self-interest and take into account the larger needs of society.

MATCHING Complete the following using the terms listed. -The Civil Rights Act (1964) outlaws _____ in the workplace.