Top leaders in government and business today are:

held to higher ethical standards than in the past.

Compliance-based ethics codes:

conform to laws and regulations

increasing one's initiatives toward environmental concern

When managers disregard ethical concerns, the likely result is:

a general mistrust between workers and management

Corporate social responsibility describes the firm's:

concern for the welfare of society

Ethical behavior at work is learned by

observing the actions of others

Creating competition between employees within the corporation:

can encourage employees to deceive customers

Corporate values are:

learned by observing others' actions in the organization

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Ch. 4 GEB 1011

27 termsStudBud Administration237 plays

Demanding Ethical and Socially Responsible Behavior

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Questions 27

Answers

1
Making accounting records more transparent may help restore trust in the free-market system.
True
False
2
Top leaders in government and business today are:
held to higher ethical standards than in the past.
at odds with the general public in regard to ethical issues
less interested in social responsibility than in the past
held to less strict moral standards than in the past
3
Purposefully understating your firm's income to avoid paying higher taxes is an example of:
an accepted business practice
tax accountants doing their job
illegal behavior
a firm's responsibility to its owners
4
Compliance-based ethics codes:
enable responsible employee conduct
use education, leadership, and accountability
create a "do-it-right" climate that emphasizes core values
conform to laws and regulations
5
Going green means:
increasing global warming.
increasing one's initiatives toward environmental concern
increasing one's bottom line
increasing one's carbon footprint
6
When managers disregard ethical concerns, the likely result is:
an improvement in overall manager morale
a general mistrust between workers and management
a reduction in employee turnover
a reduction in lawsuits
7
Ethical behavior covers a _____ range of conduct than legal behavior.
wider
more limited
smaller
less demanding
8
Corporate social responsibility describes the firm's:
ability to plan for the unexpected
exclusive responsibility to its stockholders
commitment to a management training program
concern for the welfare of society
9
Some critics of CSR view spending money on CSR as:
stealing from investors
important for America
a necessary evil
moving toward capitalism
10
______ refers to the standards of moral behavior.
Responsibility
Legality
Integrity
Ethics
11
The difference between an organization's positive and negative social contributions is called
responsibility impact report
net social contribution
community commitment level
social scorecard
12
Obeying the law is _____ethical behavior.
unlikely to lead to
the first step toward
the opposite of
essentially the same as
13
The first step when facing an ethical dilemma is to ask:
"Is it legal?"
"How will it make me feel about myself?"
"Is it ethical?"
"Is it balanced?"
14
Ethical behavior at work is learned by
attending corporate responsibility seminars
reading about why others were fired from the job
observing the actions of others
tracking the failures of those caught in business scandals
15
A payoff for socially conscious behavior is:
a large pool of talented employees
longevity due to a stable external environment
a large pool of investors
new and loyal customers
16
Which of the following is a reason why a business should be managed ethically?
It is the right thing to do.
It is the law in the U.S.
Strict global regulations require it.
Employees demand it.
17
The position a firm takes on issues that affect the corporation as well as society is known as
structural positioning
corporate policy
target posturing
political philanthropy
18
Companies are using ___ to communicate their CSR actions to their customers.
social media
sales promotion
their employees, word of mouth
traditional advertising on TV and radio
19
Laws represent the standards of ______ behavior.
ethical
moral
legal
socially responsible
20
Legal behavior and ethical behavior are basically the same thing.
True
False
21
We describe charitable donations by corporations to nonprofit organizations as ____.
corporate responsibility
corporate strategy
structural commitment
corporate philanthropy
22
Creating competition between employees within the corporation:
must be ignored when corporate ethics are developed
should focus on improving corporate profit
can encourage employees to deceive customers
can bring out the best in employees
23
Management can create an environment in which unethical behavior can develop
True
False
24
It's helpful to remember that ethical behavior begins with ______.
religious institutions
schools
each of us
law enforcement officers
25
Describes someone who reports illegal or unethical behavior
horn blower
whistleblower
watch tower sentinel
integrity watchdog
26
Business relationships often present ethical dilemmas that are:
best resolved by creating a win-lose situation
easily resolved by following the relevant laws
not easily resolved
irrelevant and therefore require no action
27
Corporate values are:
instilled by the leadership of outside consultants.
a personal matter to be determined by each employee.
learned by observing others' actions in the organization
taught by attending company-sponsored seminars.

Ch. 4 GEB 1011 Flashcards | StudBud