Question 1

An ethics policy commits a company to doing the right thing for all of its stakeholders; therefore,a company must share the message with all of its _____________________.

Accepted Answer

The answer of An ethics policy commits a company to...

Question 2

______ policies refer to organizations that maintain open and honest communications with all stakeholders.
A)Transparent organization
B)Opaque organization
C)Open organization
D)Closed organization

Accepted Answer

Transparent policies refer to organizations that maintain open and honest communications with all stakeholders. They give access and clarity of information to their stakeholders. It is important for building trust and credibility with stakeholders. Opaque organizations, on the other hand, do not provide enough information to their stakeholders and can be seen as secretive or untrustworthy. Open and closed organizations are generic terms that do not necessarily refer to communication policies.

Question 3

With standards of behavior specified in the code of ethics,along with the punishment served for failing to follow those standards,an ethics program can become very______________ quite quickly.

Accepted Answer

The answer of With standards of behavior specified in the...

Question 4

Recognizing the concept of business ethics allows us to categorize behavior as unethical; but,when you are looking to manage the reputation and policies of an organization,the commitment to doing the right thing becomes more about _____ than any sense of a written ethics policy.
A)perception
B)culture
C)integrity
D)management

Accepted Answer

The answer of Recognizing the concept of business ethics allows...

Question 5

When a company develops a clear sign of what it stands for as an ethical organization,it has developed ______.
A)responsive ethical policies
B)reactive ethical policies
C)receptive ethical policies
D)proactive ethical policies

Accepted Answer

Proactive ethical policies refer to a company's effort to establish clear ethical standards and values before any ethical issues arise. Developing a clear sign of what the company stands for as an ethical organization displays a proactive approach to ethical behavior. Responsive ethical policies refer to a company's reaction to ethical issues after they have occurred, reactive ethical policies refer to a company's attempts to correct ethical violations after they have been made public, and receptive ethical policies refer to a company's willingness to listen to feedback and make adjustments to their ethical behavior accordingly.

Question 6

Any organization's commitment to ethical performance must be watched _______________.

Accepted Answer

The answer of Any organization's commitment to ethical performance must...

Question 7

The _____________________ is the senior executive responsible for the monitoring an organization's ethical performance both internally and externally.

Accepted Answer

The answer of The _____________________ is the senior executive responsible...

Question 8

________________ organization policies refer to organizations that maintain open and honest communications with all stakeholders.

Accepted Answer

The answer of ________________ organization policies refer to organizations that...

Question 9

A company's commitment to ethical behavior impacts ______________________ of management and ____________________________.

Accepted Answer

The answer of A company's commitment to ethical behavior impacts...

Question 10

For an ethical culture to be ___________________,it has to persist within the operational policies of the organization long after public scandal or the latest management buzzword.

Accepted Answer

The answer of For an ethical culture to be ___________________,it...

Question 11

Even though a code of ethics is intended for employees,a company's __________________ aren't required to follow it.

Accepted Answer

The answer of Even though a code of ethics is...

Question 12

Any organization's commitment to ethical performance must be watched ______.
A)annually
B)quarterly
C)periodically
D)constantly

Accepted Answer

Ethical performance cannot be a one-time commitment, but rather an ongoing effort. Therefore, constant vigilance is required to ensure that ethical standards are being upheld within the organization.

Question 13

The threat of punishment must be balanced with promised ______________ for successful behavior.

Accepted Answer

The answer of The threat of punishment must be balanced...

Question 14

The hiring of an ________________________ represents a formal commitment to the management and leadership of an organization's ethics program.

Accepted Answer

The answer of The hiring of an ________________________ represents a...

Question 15

When a company develops a clear sign of what its stands for as an ethical organization,it has developed ____________________ ethical policies.

Accepted Answer

The answer of When a company develops a clear sign...

Question 16

____ describes the characteristic of public commitment to the highest level of professional standards and then sticking to that commitment.
A)Organizational integrity
B)Business ethics
C)Utilitarianism
D)Proactive ethics

Accepted Answer

Organizational integrity involves a commitment to the highest level of professional and ethical standards and following through with that commitment, which aligns with the description in the question. Business ethics refers to the application of ethical principles in business decisions, while utilitarianism is a philosophical approach to ethics that focuses on maximizing overall happiness or utility. Proactive ethics involves taking steps to prevent ethical issues from arising in the first place.

Question 17

The audience for the code of ethics would be ______.

Accepted Answer

The answer of The audience for the code of ethics...

Question 18

When operating a business in the current environment,holding on to a promise to run an ethical business can be very ________________.

Accepted Answer

The answer of When operating a business in the current...

Question 19

When events and/or a fear of future events drive a company,this refers to ______ ethical policies.
A)transparent
B)reactive
C)proactive
D)passive

Accepted Answer

Reactive ethical policies are driven by events or fears of future events, meaning the company responds to situations as they arise rather than taking a proactive stance. Transparent policies involve open and honest communication, proactive policies involve anticipating and preventing issues, and passive policies involve little to no action at all.

Question 20

When events and/or a fear of future events drive a company,this refers to _______________ ethical policies.

Accepted Answer

The answer of When events and/or a fear of future...

Quiz 10: Making It Stick - Doing Whats Right in a Competitive Market

An ethics policy commits a company to doing the right thing for all of its stakeholders; therefore,a company must share the message with all of its _____________________.

______ policies refer to organizations that maintain open and honest communications with all stakeholders.

With standards of behavior specified in the code of ethics,along with the punishment served for failing to follow those standards,an ethics program can become very______________ quite quickly.

Recognizing the concept of business ethics allows us to categorize behavior as unethical; but,when you are looking to manage the reputation and policies of an organization,the commitment to doing the right thing becomes more about _____ than any sense of a written ethics policy.

When a company develops a clear sign of what it stands for as an ethical organization,it has developed ______.