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Exam 4: Demanding Ethical and Socially Responsible Behavior

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Question 91

True/False

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A public good is one that everyone gets to enjoy regardless of who pays for it.

A) True
B) False

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Question 92

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What is the benefit of employing an ethics officer?

A) This professional serves as a law-enforcement officer,with the authority to arrest employees who do not abide by the ethics code.
B) This individual writes the ethics code and keeps this document current.He has sole authority to change the document as he sees fit.
C) This professional has the responsibility to make certain that the ethics code remains a private company document;however,since the position has very little authority,it becomes a token job with high turnover.
D) This individual's job is dedicated to objectively investigating ethics breaches.If necessary,employees feel comfortable with communicating confidentially to this professional.

E) A) and B)
F) C) and D)

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Question 93

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Corporate philanthropy refers to the position a firm takes on social and political issues.

The Motorola story told in the Reaching Beyond our Borders box demonstrates how a corporation's perception of ethical behavior may not be everyone's reality.

People should look at each situation individually and decide for themselves if it is right or wrong.

Which of the following questions can help us avoid a decision that would injure our self-esteem?

We describe charitable donations by corporations to nonprofit organizations as __________.

To improve America's business ethics:

Establishing a formal code of ethics is:

Business issues such as minority hiring practices and pollution control fall under the umbrella of corporate responsibility.

Many businesses have developed internal procedures to enforce their ethical policies.Which of the following is an example of an outside group urging ethical behavior in businesses?

People involved in business may be tempted to do something unethical in order to increase sales and profits,but rarely do because if they are caught,our legal system will deal harshly with them.

Ethical behavior requires more than following the law.

An accurate statement regarding this chapter is: "Business law establishes ethical behavior."

Effective corporate values start with employees and develop throughout the organization to include top management.

While "doing the right thing" is an admirable code of ethics,there are no international organizations dealing with global ethics and corruption.

Promoting social justice is a responsibility of society,but not business.

Ethical behavior involves the clear and easy choice of right and wrong actions towards others.

All else held equal,socially responsible firms:

Ethical behavior covers a ________ range of conduct than legal behavior.