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Studying business ethics is important fo...View Answer
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A) Employee ethics training
B) Hiring a compliance officer
C) Ignoring potential ethical issues
D) Writing a code of ethics
E) Conducting an ethics and compliance audit.
G) A) and B)
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A) Greater employee commitment
B) A high degree of employee dissent
C) Improved customer trust and satisfaction
D) Increased investor loyalty
E) Better financial performance
G) B) and C)
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A) It is the study and philosophy of human conduct,with an emphasis on determining right and wrong.
B) It is an "inquiry into the nature and grounds of morality where the term morality is taken to mean moral judgments,standards and rules of conduct."
C) It is the "study of the general nature of morals and of specific moral choices;moral philosophy;and the rules or standards governing the conduct of the members of a profession."
D) It is an organization's obligation to maximize its positive effects and minimize its negative effects on stakeholders.
E) It comprises the principles,values,and standards that guide behavior in the world of business.
G) A) and B)
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A) lack of focus on goals.
B) greater focus on education.
C) increased community involvement.
D) improved relationships with competitors.
E) enhanced performance.
G) A) and B)
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A) A field of study to theological discussion to recognition of social issues
B) Recognition of social issues to a field of study to theological discussion
C) A field of study to recognition of social issues to theological discussion
D) Recognition of social issues to theological discussion to a field of study
E) Theological discussion to recognition of social issues to a field of study
G) B) and D)
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A) laws and regulations that guide behavior in the world of business.
B) mores,values,and customs that guide behavior in general.
C) specific and pervasive boundaries for behavior that are universal and absolute.
D) the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders.
E) the mores,values,and customs that parents teach their children.
G) B) and D)
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A) They use a routine mechanical approach that forces all firms to use the same means to avert serious penalties.
B) They strive to prevent misconduct.
C) They encourage companies to develop standards and procedures capable of detecting and preventing misconduct.
D) They utilize a carrot and stick approach by taking preventive action against misconduct.
E) They encourage the appointment of high-level personnel responsible for oversight of the compliance program.
G) B) and E)
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A) customers'
B) employees'
C) stockholders'
D) suppliers'
E) distributors'
G) A) and C)
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An individual's personal moral values ar...View Answer
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A) self-regulation rather than regulation by government.
B) decreasing the number of mergers.
C) decreasing the multinational presence in the U.S.marketplace.
D) increasing government influence on the economic arena.
E) improving business ethics.
G) A) and C)
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A) at all levels of work and management.
B) primarily at the upper management levels of an organization.
C) mostly for policy makers.
D) that is less important than other decision making processes.
E) only at that lower levels of organizational management.
G) B) and E)
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A) a management issue to achieve competitive advantage.
B) less accepted by society.
C) mainly a government regulatory issue.
D) an initiative led by nonprofit organizations.
E) a program that decreases profits but increases societal benefits.
G) All of the above
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A) they are new at their jobs.
B) they are paid to ignore problems in the workplace.
C) they do not agree with an organization's values.
D) they have very high compensation.
E) they see honesty,respect,and trust applied in the workplace.
G) A) and E)
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A) Federal Sentencing Guidelines for Organizations
B) Defense Industry Initiative on Business Ethics and Conduct
C) Corporate codes of conduct
D) United States Sentencing Commission
E) MERCOSUR
G) C) and E)
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The study of business ethics evolved thr...View Answer
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A) An increase in consumer rights by organizations and governments
B) The growth of international retail chain stores
C) Activities undertaken by independent individuals,and groups to protect their rights as consumers
D) The widespread adoption of consumer oriented marketing strategies among businesses
E) Organizations' tendency to seek ways to take advantage of consumers
G) None of the above
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A) foster stability.
B) improve employee commitment.
C) improve customer loyalty.
D) lower stock value and prices.
E) complicate business financial reporting.
G) A) and E)
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