Business and Society Ch 6

The core components upon which a company's ethical performance depends include: The traditions, attitudes, and business practices built into a company's culture. The personal character of the managers and employees. The values and virtues of the managers. All of the above

All of the above

Ethical challenges for information technology employees include: Copyright protection. Laptop speed. Both A and C, but not B. Data recovery.

Both A and C, but not B.

When attempting to build ethical safeguards into the company, business can take the following specific approaches: Institutional and Legal. Value-based and Consequentialism Legal and Practical. Compliance and Integrity.

Compliance and Integrity.

Which of the following is not an example of an ethical criterion? Concern for others. Egoism. Corporate driven. Principle.

Corporate driven.

Which of the following is not an example of an ethical criterion? Corporate driven. Egoism. Concern for others. Principle.

Corporate driven.

All of the following are commitments of the Principles of the Code of Professional Conduct of the American Institute of Certified Public Accountants except: Objectivity and Independence. The Public Interest. Due Care. Due Process.

Due Process.

If a manager approaches ethical issues with a self-centered approach, emphasis will be on: Economic efficiency. Laws. Social relationship. Integrity.

Economic efficiency.

The unspoken understanding among employees of what is and is not acceptable behavior is called: Ethical climate. Success. Efficiency. Rites and rituals.

Ethical climate.

In most companies, a moral atmosphere cannot be detected. True False

False

It is impossible for multiple ethical climates to exist within one organization. True False

False

The American Institute of Certified Public Accountants Code directs accountants to be responsible for their clients and their profession, but not to the public. True False

False

If a manager approaches ethics with benevolence in mind, he or she would stress what? Friendly relations with an employee Company rules and procedures. Laws and professional codes. Economic efficiency.

Friendly relations with an employee

All of the following are considered to be ethical issues for marketing professionals except: Enforcing ethical values. Fostering trust in the marketing system. Ignoring market fair dealing. Doing no harm.

Ignoring market fair dealing.

According to Carly Fiorina you must learn to bridge differences in order to be successful. True False

True

According to a recent Transparency International survey, Denmark and New Zealand are two countries that are least likely to be subjected to bribery True False

True

Ethics training is typically the most costly element of an ethics program True False

True

In a benevolent ethical climate, the interest of the company's employees and external stakeholders most likely would be given high priority. True False

True

Managers, as major decision-makers, are one of the keys to whether a company will act ethically or unethically True False

True

Organizational ethics are important because organizations with an ethical culture outperform organizations that lack such a culture. True False

True

Personal values and moral character play a key roles in improving the company's ethical performance. True False

True