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BUSINESS ETHICS REVIEW Flashcards | StudBud
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BUSINESS ETHICS REVIEW
BUSINESS ETHICS REVIEW
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1
Initiating a social responsibility program takes
the commitment of top executives.
the commitment of middle managers.
the commitment of employees.
the commitment of employees
2
Even though his company doesn't have a policy forbidding it, Sally doesn't use his office computer for personal business
Preconventional
Postconventional
Conventional
Concentrational
3
The study of the morality of choices made by people is known as ________.
ethics
Business ethics
social awareness
moral aptitude
4
Business communications that are false, misleading, or deceptive are both illegal and unethical
fairness and honesty
organizational relationships
conflict of interest
communications
5
The SOX Act requires each member of a firm's accounting dept certify the truthfulness of financial statements
True
False
6
When faced with an ethical conflict, a manager should always _______.
think about own ethics,company's ethics & interest of employee,stockhldrs
consider only what is best for the company.
ask the boss what to do, then do it without question.
look at which decision will make the stockholder the most money
7
The Sarbanes-Oxley Act of 2002 gives those who report corporate misconduct sweeping new legal protection.
False
True
8
A corporate code of ethics officer informs the press about unethical practices within the organization.
False
True
9
Investors expect management to do all of the following except ______.
consult them on ethical decisions.
boost the company's profit
increase sales.
increase the return to the investor.
10
Business ethics is the application of moral standards to business situations.
false
true
11
All bribes are unethical.
True
False
12
According to the Sarbannes Oxley act, who is ultimately responsible for all financial actions.
Accountant
Chief Executive Officer
Controller
Chief Financial Officer
13
What are examples of business ethics?
All of the above
Providing safe products
Protecting the environment
Being truthful about financial situation
14
If an individual looks out only for his/her own interests when making decisions, he/she is at the ___ ethical stage.
Concentrational
Conventional
Postconventional
Preconventional
15
What does the Sarbanes-Oxley Act of 2002 do?
It protects a business social responsibility.
It protects the business owner.
It protects whistle-blowers who report corporate misconduct.
It protects imprisoned corporate executives.
16
The Sarbanes-Oxley Act of 2002 deals with corporate responsibility, conflicts of interest, and corporate accountability.
True
False
17
View that society will benefit most when business is left alone to produce and market
none of the above
global economic model
economic model
socioeconomic model
18
Levels of ethical behavior:
opportunity
individual factors
social factors
all of the above
19
All of the following are factors that affect the level of ethical behavior in an organization
except _______.
moral values.
demographic factors.
individual factors.
social factors.
20
Sponsors of advertisements aimed at children must be especially careful to avoid misleading messages.
True
False
21
An individual considers the interests/expectations of others in making decisions & follow rules bc it is part of a group
Postconventional
Preconventional
Concentrational
Conventional
22
Which of the following statements is correct?
Setting ethical standards is easy.
Social and ethical problems affect only a few companies
Doing what is right can sometimes be difficult
Setting ethical standards is always clear-cut.
23
A guide to acceptable and ethical behavior is known as ______________.
a code of ethics.
a social audit.
business ethics.
consumerism
24
Plagiarism is...
paraphrasing someone's ideas using very similar language
Using another writer's words/ideas without in-text citation
Using another writer's exact words without quotation marks
All of these
25
Taking credit for others ideas/work or not meeting one's commitments in a mutual agreement are ethical issues concerning
Approximately once a month
freedom of choice.
organizational relationships.
fairness and honesty
26
Its easy for organizations to develop ethics codes/policies/procedures to deal with all relationships & every situation
False
True
27
Informing the press or government officials about unethical practices within one's organization
code of ethics
government legislation
environment
whistle-blowing
28
False and misleading advertising is illegal and unethical.
True
False
29
Tanisha wouldn't make personal long-distance phone calls at work bc it will cost her employer money. Which stage?
Concentrations stage
Preconventional
Conventional
Postconventional
30
Texas Instruments expects its code of ethics and shared values to provide all of the following benefits
except ______.
communicate the company's expectations to the empl
describe what to do in every ethical situation.
encourage employees to value integrity.
create an outline for ethical policies and standards.
31
Social Responsibility is recognition that business activities have an impact on society
true
false
32
An employee refrains from "padding" his or her expense account because it hurts the company. This person is conventional
False
True
33
When business conflicts with ethics
Responsibility to Employees
Business Ethics
Conflict of Interests
F.D.A.
34
Taking advantage of a situation for personal gain rather than employer's interest
fairness and honesty
communications
conflict of interest
organizational relationships
35
Code of Ethics
Something I must follow to be a good nurse
We sign a document when we pass the NCLEX on ethics
Guiding principles that all members of a profession accept
We are nursing students not law students
36
Ethical behavior is most likely to be compromised when the personal ethics of businesspeople are high.
True
False
37
What is the trade associations role in encouraging ethics?
It provides ethical guidelines for their members.
It provides ethical guidelines for whistle-blowing.
All of the above
It provides guidelines for their members.
38
Employees have an easier time determining what is acceptable behavior if the company provides them with a code of ethics
False
True
39
A plan designed to increase the number of minority employees is called?
The hard-core unemployed
The Equal Employment Opportunity Commission.
The right to work
Affirmative action program
40
Dell’s global outreach programs that help bring technology to underserved communities is an example of
affirmative action programs.
code of ethics.
social responsibility.
business ethics.
41
Three factors that affect ethical behavior are:
individual, social, and opportunity
inside, outside, all around
acute, obtuse, and right
internal, external, and paranormal
42
Ranee works for a successful & admired Top 500 company.How often is she likely to encounter ethical issues in workplace.
On a daily basis
Almost every week
Approximately once a month
About two to three times per year
43
Bribes are ________.
uncommon in many foreign countries.
ethical
ethical only under certain circumstances.
unethical
44
An ethical decision or action is one that is right according to some standard of behavior.
False
True
45
Business should emphasize not only profits but also the impact of its decisions on society.
global economic model
none of the above
socioeconomic model
Economic model
46
An ethical decision or action is one that is right according to some standard of behavior.
True
False
47
Customers expect a firm's products to ________.
boost sales
be safe, reliable, and reasonably priced
All of the above
earn a reasonable return on investment
48
Megan Miller is an ethics officer at a large financial firm .She likely performs all of the following duties
except ___.
encouraging all employees to be whistle-blowers
determining the punishment for ethical violations.
providing advice to employees when they are uncertain
coordinating ethical conduct.
49
A businessperson should put the welfare of others & that of the organization above his/her own
communications
fairness and honesty
organizational relationships
conflict of interest
50
Informing the media or government officials about unethical practices within one's organization is called _______.
snitching
a company violation.
whistle blowing
unethical behavior.
51
A person takes actions that will help her company, as well as protect the environment. They are @ postconventional.
False
True
52
What is whistle-blowing?
Both A & B
Informing officials about unethical business practices.
Non of the above
Informing on other employees internet misuse.
53
Sarbanes-Oxley Act provides new legal protection for employees who report misconduct
false
true
54
What are the guidelines to Business Ethics?
Domestic and International laws
all of the above
the personal values of the individual making the decision
The company's code of ethics
55
Ed works in a job where there is very little supervision.He figured he could go away for a week without anyone noticing.
Individual
Opportunity
Moral
Social
56
Al makes a point of turning off his computer when he's not using it bc it saves his employer money.Which stage?
Conventional
Postconventional
Preconventional
Concentration
57
Technology has ________ ethical issues.
expanded the range of
reduced the range of
eliminated most
made little difference on the range of
58
Businesspeople, by the very nature of their work, rarely face ethical issues to resolve.
False
True
59
If a company deals with violations of its ethical codes ____, the opportunity to be unethical will be reduced.
on a case-by-case basis
firmly and consistently
quietly and erratically
frequently and severely
60
What specific area of business communications presents ethical questions by sometimes containing false and misleading me
Newspaper Articles
Consumer Reports
Press releases
Advertising
61
Business People are expected to refrain from knowingly deceiving,misrepresenting, intimidating
organizational relationships
communications
conflict of interest
Fairness and honesty
62
Who is someone that can establish ethical guidelines:
trade associations
government
all of the above
individual firms
63
Bribery occurs when gifts, money or favors are offered?
Instead of the payment of taxes
To encourage a business deal
Instead of wages
As a bonus to managers
64
Caveat Emptor means:
Let the buyer beware
Cease the Day
watch your money
Live everyday fully
65
What are the three sets of factors that influence the standards of behavior in an organization?
Opportunity, individual factors, social factors
Peer pressure, attitudes, social factors
Organizational norms, circumstances,
Financial factors, opportunity, morals
66
Which of the following is the most effective way to encourage ethical business behavior?
Include an ethics clause in a labor contract.
Pass government regulations.
Establish and enforce a corporate code of ethics.
Rely on employees to blow the whistle
67
The study of right and wrong and of morality of the choices individuals make.
none of the above
beliefs
values
ethics
68
What is a Code of Conduct?
A password for logging into the shared system
A list of rules that members agree to follow
A list of consequences for poor performance
Disciplinary procedures for staff
69
Ben decides not to take office supplies home bc he fears he'll be fired if he's caught since it's against company rules.
Postconventional
Concentrational
Conventional
Preconventional
70
What is a Code of Ethics?
Rules for guiding the actions of employees/members of an organization
Be able to work in an office or factory free from risks
When a business has control of the market for a product or service
Rules that don't guide employees of an organization
71
A company removes a profitable product from the market because it may be dangerous. This company is demonstrating _____.
ethical behavior
None of the above
how not to run a business social welfare
short term thinking
