BGSO 4000

Acid rain is caused by fossil-fuel by-products combined with what?

Correct Answer Natural water vapor

The Environmental Protection Agency (EPA) manages which types of environmental regulation? (Check all that apply.)

Correct Answer Water quality Cross-media Air quality

Of the total number of Superfund sites identified, how many were fully cleaned up by 2016? Multiple choice question. 1160 1700 None 380

380

Indoor air pollution from open cookstoves causes about how many premature deaths per year, mostly from lung and heart disease, according to the case Clean Cooking? Multiple choice question. Just over 2.5 million Around 4.3 million Less than 1.6 million About 3.2 million

Around 4.3 million

Which principle within 3M's code of conduct refers to keeping complete business records? Multiple choice question. Be profitable Reason: This is not a 3M principle. Be respectful Reason: This refers to respecting each other and our planet. Be honest Reason: This refers to acting with integrity. Be accurate

Be accurate

A just or fair ethical decision occurs when: Multiple Choice The rights of all affected are considered. The greatest good for those with power is achieved. Benefits and burdens are distributed in fair proportions. Benefits exceed costs.

Benefits and burdens are distributed in fair proportions.

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

Compliance and Integrity.

A purchasing agent directing her company's orders to a firm from which she received a valuable gift, is an example of: Multiple Choice Conflict of interest. Ethical relativism. Moral development. Egotism.

Conflict of interest.

In which ways do businesses interact with society? Consumers buy products. Governments pay income taxes. Businesses employ workers. Businesses pay income taxes.

Consumers buy products. Businesses employ workers. Businesses pay income taxes. NOT Governments pay income taxes. Reason: Governments do not pay taxes, but collect taxes from consumers and businesses.

Which of these statements is true about the U.K. Bribery Act? Multiple Choice Provides an exemption for "facilitating payments." Contains a strict liability offense for failure to prevent bribery by commercial organizations. Prohibits bribery only for government officials. Requires that improper actions be made "corruptly."

Contains a strict liability offense for failure to prevent bribery by commercial organizations.

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

Corporate driven.

In 2018, what percentage of U.S. companies linked compensation to sustainability metrics? Multiple choice question. 11 percent 45 percent 38 percent 24 percent

Correct Answer 24 percent

A market-based cap-and-trade system is accurately described by which statements? Multiple select question. The cap represents the amount of tradable permits a company can sell. A company can sell tradable permits for the amount they pollute under the cap. A company can sell tradable permits for the amount they pollute over the cap. The cap represents the legally permitted emission level.

Correct Answer A company can sell tradable permits for the amount they pollute under the cap. The cap represents the legally permitted emission level.

Why would businesses seek to discourage government regulation through acts of corporate social responsibility? Multiple choice question. Positive media attention through socially responsible actions discourages regulation Reason: Government does not depend on media attention to determine valid regulations. Businesses need to keep regulators off balance, and responsible actions accomplish this objective. Reason: Businesses try to cooperate with regulators, not keep them off balance. Absence of regulation provides businesses with increased freedom in their decision making. Money saved from lack of regulation could be spent on charities. Reason: Although firms could spend more on charities when dealing with less regulation, it is not a valid argument for CSR, since regulation benefits the public as much as charitable donations.

Correct Answer Absence of regulation provides businesses with increased freedom in their decision making.

The population growth rate in coming decades is expected to be greatest in which part of the world? Multiple choice question. Europe Reason: Population growth in Europe has been fairly flat. Latin America Reason: Population growth in Latin America is expected to be slow. North America Reason: Population growth in North America is expected to be slow.

Correct Answer Africa

The term society is accurately defined by which of the following? (Check all that apply.) Multiple select question. All of humankind A collective social structure Natural environment Nations and communities

Correct Answer All of humankind A collective social structure Nations and communities

The Montreal Protocol is accurately described by which statements? (Check all that apply.) Multiple select question. An international agreement that seeks to reduce chlorofluorocarbon (CFC) emissions. Member nations have until 2030 to phase out HCFCs. In 2018, only 97 nations agreed to the CFC reduction. Reason: In 2018, 197 nations have signed the protocol. If everyone participates, the ozone layer should recover by 2050.

Correct Answer An international agreement that seeks to reduce chlorofluorocarbon (CFC) emissions. Member nations have until 2030 to phase out HCFCs. If everyone participates, the ozone layer should recover by 2050.

Which of the following accurately define the term business?

Correct Answer Any organization that is engaged in making a product for a profit Any firm that provides a service for a profit NOT Any community that has members Reason: Not every institution with members is a business, for example a social media group. Any institution that offers free services Reason: institutions that offer free services do not make profits and are not businesses.

Companies that are guided by enlightened self-interest tend to have what kind of interactions with their stakeholders? (Check all that apply.) Multiple select question. Being more open to stakeholder expectations Working closely with government regulators Cooperating with legislators Giving preferences to investors Reason: These firms do not give preferences to investors, but they consider the needs of all stakeholders.

Correct Answer Being more open to stakeholder expectations Working closely with government regulators Cooperating with legislators

What are the two leading causes of climate change? (Choose all that apply.) Multiple select question. Black carbon Carbon dioxide Reason: Deforestation Reason: Deforestation is a cause of climate change, but not one of the top two. Reforestation Reason: Reforestation replenishes trees, and helps the climate.

Correct Answer Black carbon Carbon dioxide

Select all of the external stakeholders listed below. (Check all that apply.) Multiple select question. Competitors Customers Managers

Correct Answer Competitors Customers NOT Managers Reason: Managers are internal stakeholders. Employees Reason: Employees are internal stakeholders.

How did the United States initially attempt to restrain corporate power? (Check all that apply.) Multiple select question. Consumer protection laws Antitrust legislation Banking regulations Consumer privacy rules Reason: Privacy and security policies were not introduced until recently.

Correct Answer Consumer protection laws Antitrust legislation Banking regulations

Describe some negative ecological impacts of the agricultural "green revolution." Multiple select question. Declining incomes Reason: Under the "green revolution" incomes have risen. Contamination caused by pesticides Higher rates of waste Greatly reduced crop yields Reason: Crop yields have increased and have had a positive impact on the local economy.

Correct Answer Contamination caused by pesticides Higher rates of waste

How does corporate social responsibility (CSR) differ from corporate citizenship? Multiple choice question. CSR means avoiding social actions, and corporate citizenship prevents firms from being socially responsible. CSR means taking social actions, and corporate citizenship obligates firms to be socially responsible. Corporate citizenship means taking social actions, and CSR obligates firms to be socially responsible. CSR means taking legal actions, and corporate citizenship requires firms to be financially responsible.

Correct Answer Corporate citizenship means taking social actions, and CSR obligates firms to be socially responsible.

What creative financing solution did the small business Toyola Energy Ltd. implement in order to sell more than 150,000 cookstoves at low consumer prices, according to the case Clean Cooking?

Correct Answer E+Co invested $270,000 in Toyola Energy and helped them sell carbon offsets to Goldman Sachs.

In the case Equifax's Data Breach, which ethical climate dominated during the data breach? Multiple choice question. Team approach Integrity Egoism Benevolence

Correct Answer Egoism

Which specific corporate ethics reporting mechanism allows employees to report ethical concerns anonymously? Multiple choice question. Proxy ballots Employee helpline Customer support line Round table meetings

Correct Answer Employee helpline

Command-and-control regulations include which environmental standards? (Check all that apply.) Multiple select question. Environmental quality standards Emission standards Best available technology Environmental scanning Reason: Environmental scanning refers to analyzing a firm's external environment. Correct Answer Environmental quality standards Emission standards Best available technology

Correct Answer Environmental quality standards Emission standards Best available technology

Which of the ethical safeguards tends to be the most costly and time-consuming? Multiple choice question. Ethics officer Ethics training Ethics hotline Code of ethics

Correct Answer Ethics training

Ocean acidity is caused by which factors? (Check all that apply.) Multiple select question. Recreational use by humans An overabundance of red and brown seaweed Excess carbon dioxide absorbed as carbonic acid A concentrations of greenhouse gases in the atmosphere

Correct Answer Excess carbon dioxide absorbed as carbonic acid A concentrations of greenhouse gases in the atmosphere

Integrated reporting provides the firm's results for which types of company performance? Multiple choice question. Financials for domestic, foreign, combined Financials for past, present and future Financial, social media, social justice Financial, social, environmental

Correct Answer Financial, social, environmental

How might imposing a carbon tax on harmful products benefit the environment? (Check all that apply.)

Correct Answer Firms could be incentivized to switch to more efficient production methods. Individuals would probably purchase fewer harmful goods or services.

The U.K. Bribery Act prohibits bribery of which individuals? (Check all that apply.) Multiple select question. Only CEOs Reason: All executives may be prosecuted, including CEOs. Government officials Only non-U.S. government officials Reason: The FPCA prohibits bribery only to non-U.S. government officials. Private executives

Correct Answer Government officials Private executives

Utilitarian reasoning is characterized by which statements? (Check all that apply.) Multiple select question. Greatest good for the most people Costs outweigh benefits Reason: Utilitarianism favors the alternative where the benefits outweigh costs. Cost-benefit analysis Benefits outweigh costs

Correct Answer Greatest good for the most people Cost-benefit analysis Benefits outweigh costs

The term stakeholder is correctly described by which of the following? (Check all that apply.) Multiple select question. Groups that are affected by an organization Derives from having a claim on a business enterprise Groups that affect an organization Does not include a company's shareholders

Correct Answer Groups that are affected by an organization Derives from having a claim on a business enterprise Groups that affect an organization

What are some advantages of having a good corporate reputation? (Check all that apply.) Multiple select question. Increased attractiveness to employees Guaranteed yearly profits Reason: Having a good reputation does not guarantee profits. Tax savings based on good behavior Reason: Having a good reputation does not guarantee tax savings. Repeat purchases by loyal customers

Correct Answer Increased attractiveness to employees Repeat purchases by loyal customers

Identity ways that the U.K Bribery Act is stricter than the U.S. Foreign Corrupt Practices Act (FCPA).

Correct Answer It contains a strict liability clause for failure to prevent bribery. It does not require evidence of the intent to corrupt. There is no exemption for "facilitating payments."

CERLCA (the Superfund law) is accurately described by which statements? (Check all that apply.) Multiple select question. It created a Global Priority List of toxic sites. Reason: CERLCA created a National, not global, Priority List of toxic sites. It introduced a tax on petroleum and chemical companies. The law required the original polluters that could be identified to pay for the cleanup. The law covered costs of cleanup for unidentified original polluters.

Correct Answer It introduced a tax on petroleum and chemical companies. The law required the original polluters that could be identified to pay for the cleanup. The law covered costs of cleanup for unidentified original polluters.

Bribery is accurately described by which statements? (Select all that apply.) Multiple select question. It is a questionable or unjust payment that facilitates a transaction. It is a payment based on the quality of service. It is a legal payment that facilitates a transaction. It is a payment often made to a government official.

Correct Answer It is a questionable or unjust payment that facilitates a transaction. It is a payment often made to a government official.

What does the Global Alliance for Cookstoves' goal of "100 by 20" mean, according to the case Clean Cooking?

Correct Answer It means that 100 million households worldwide adopt clean cookstoves by 2020.

The Environmental Protection Agency (EPA) is accurately described by which statements? (Check all that apply.) Multiple select question. It was created by the National Environmental Policy Act around 1970. It is the main financial regulatory agency in the United States. It is the main environmental regulatory agency in the United States. The EPA passed the first environmental regulation, which protected navigable waterways. Reason: Protection for navigable waterways was passed prior to the creation of the EPA.

Correct Answer It was created by the National Environmental Policy Act around 1970. It is the main environmental regulatory agency in the United States.

Researchers have shown that both values and mission policies are particularly popular in which parts of the world? (Check all that apply.) Multiple select question. Latin America United States Japan Europe

Correct Answer Japan Europe

Which type of business is more likely to believe that a culture of ethics encourages workers to speak up? Multiple choice question. Small family-run businesses Online businesses, especially in finance Larger and more mature businesses Medium sized service firms

Correct Answer Larger and more mature businesses

Why is addressing economic performance no longer enough for business? Multiple choice question. Social critics have become too powerful to be ignored. Social performance has replaced economic performance as the firm's primary goal. Social performance has replaced legal compliance as the firm's primary goal. Many investors link economic performance to social issues.

Correct Answer Many investors link economic performance to social issues.

Environmental codes of conduct for specific industries include the ______. (Check all that apply.) Multiple select question. Marine Stewardship Council Forest Stewardship Council Leadership in Existential and Everyday Design (LEED) Reason: The correct code of conduct is Leadership in Energy and Environmental Design (LEED). Equator Principles

Correct Answer Marine Stewardship Council Forest Stewardship Council Equator Principles

According the 2017 survey published by Transparency International, which of the following were countries where having to pay a bribe was least likely? (Check all that apply.) Multiple select question. New Zealand Denmark Libya Sudan

Correct Answer New Zealand Denmark

Global population growth impacts the environment in what ways? (Check all that apply.) Multiple select question. Less ozone is created. Pollution is increased. It increases oxygen production. The consumption of natural resources is increased.

Correct Answer Pollution is increased. The consumption of natural resources is increased.

Identify the purposes of corporate ethics reporting mechanisms. (Check all that apply.) Multiple select question. Providing clarifications regarding expected ethical behavior. Offering a way for employees to report ethical violations. Allowing managers to spy on their team members. Providing general information about corporate topics.

Correct Answer Providing clarifications regarding expected ethical behavior. Offering a way for employees to report ethical violations. Providing general information about corporate topics.

Which U.S. law regulates hazardous materials from cradle to grave?

Correct Answer Resource Conservation and Recovery Act

What term is used to define the organizations created by social entrepreneurs? Multiple choice question. Nonprofit organizations Social ventures Venture capital clubs Social entrepreneurship

Correct Answer Social ventures

According to a 2017 survey by Transparency International, which of the following countries were considered the world's most corrupt countries? (Select all that apply.)

Correct Answer Syria Somalia

Identify the disadvantages of utility ethics. (Check all that apply.) Multiple select question. The minority may override the rights of the majority Reason: The concern is that a majority may override the rights of the minority. Ease of measuring benefits Reason: Benefits are as difficult to measure as costs. The means to reach the end are not always considered Difficulty in measuring costs

Correct Answer The means to reach the end are not always considered Difficulty in measuring costs

Which statements are true regarding the primary professional association that supports ethical initiatives for executives? Multiple select question. It changed their name to the Ethics Officer Association. The membership doubled from 2000 to 2004. It changed their name to the Ethics and Compliance Officer Association. It represents over fifty countries.

Correct Answer The membership doubled from 2000 to 2004. It changed their name to the Ethics and Compliance Officer Association. It represents over fifty countries.

Sustainable development using technology cooperation is accurately described by which statements? (Check all that apply.) Multiple select question. Short-term partnerships between firms in developed and developing nations The transfer of environmental technologies to developing countries Long-term partnerships between firms in developed and developing nations Short-term partnerships between technology firms and polluters

Correct Answer The transfer of environmental technologies to developing countries Long-term partnerships between firms in developed and developing nations

What critical steps must be taken to advance sustainable development? (Check all that apply.) Multiple select question. There must be a fair and equitable distribution of benefits gained by sustainable practices. The government must work alone to solve sustainability problems. Reason: The government must work with business, civil society, and individuals to solve environmental issues. Economic development must conserve natural resources. The nature of consumption must change to favor quality over quantity of goods owned.

Correct Answer There must be a fair and equitable distribution of benefits gained by sustainable practices. Economic development must conserve natural resources. The nature of consumption must change to favor quality over quantity of goods owned.

The material sustainability issues of a firm are best described by which statements? Multiple choice question. All public issues that are related to sustainability These are sustainability issues that deal specifically with hazardous materials. These are sustainability issues that are particularly relevant to a business. All issues that are related to the environment.

Correct Answer These are sustainability issues that are particularly relevant to a business.

Since 1994, what has the EPA done to ensure that hazardous waste site locations do not discriminate against disadvantaged communities? (Check all that apply.)

Correct Answer They blocked permits that appeared to discriminate against minorities. They investigated if state hazardous waste sites violated civil rights laws.

HP addressed their greenhouse gas emissions through project Moonshot by making which changes? (Check all that apply.) Multiple select question. They designed servers that use 90 percent less energy. They discontinued the worst offending products. They built servers that used 80 percent less space. They created several more data centers.

Correct Answer They designed servers that use 90 percent less energy. They built servers that used 80 percent less space.

Researchers found that integrity-based ethics programs had what effects on employees? (Check all that apply.) Multiple select question. They increased their sense of integrity. They enhanced their confidence in decision-making. They increased their willingness to seek ethical advice. They made it easier to deliver bad news to supervisors.

Correct Answer They increased their sense of integrity. They enhanced their confidence in decision-making. They made it easier to deliver bad news to supervisors.

What is the primary motivation for companies to develop employee ethics programs? Multiple choice question. To reinforce the tone at the top To comply with laws and regulations To establish strong legal defenses To prevent future issues or misconduct

Correct Answer To comply with laws and regulations

What is the purpose of the firm under the shareholder theory of the firm? Multiple choice question. To serve to create value for society Reason: Creating value for society is the purpose of a firm under the stakeholder theory of the firm. To maximize its long-term market value To generate jobs for the general public Reason: Generating jobs for the general public is a goal under the stakeholder theory of the firm. To create new and improved products for customers Reason: Creating new and improved products is a goal under the stakeholder theory of the firm.

Correct Answer To maximize its long-term market value

Evidence of "passive complicity" at Equifax after the data breach, according to the case Equifax's Data Breach, included which reasons? Multiple select question. There was no evidence of "passive complicity" at Equifax after the attack. Top executives focused on their own stock portfolios. The company delayed going public after the cyberattack. Credit reporting agencies are so heavily regulated they are always proactive. Reason: Credit reporting agencies are relatively lightly regulated, offering little incentive to comply with industry practices.

Correct Answer Top executives focused on their own stock portfolios. The company delayed going public after the cyberattack.

What are the specific concerns regarding the financial costs to firms who implement corporate social responsibility (CSR)? (Select all that apply.) Multiple select question. CSR often requires hush-money payments to stakeholders. CSR significantly reduces the majority of production costs. Unequal costs among competitors often develop. Hidden costs are often passed on to stakeholders.

Correct Answer Unequal costs among competitors often develop. Hidden costs are often passed on to stakeholders.

Market stakeholder relationships are based on ______.

Correct Answer an economic transaction NOT community involvement and support Reason: Nonmarket, not market, stakeholders are involved in the community. compliance with laws and regulations Reason: Nonmarket, not market, stakeholders enforce laws and regulations. an indirect relationship Reason: Nonmarket, not market, stakeholders have an indirect relationship with business.

In the most effective ethics programs, the ethics officer reports to the ______. (Check all that apply.)

Correct Answer chief executive officer board of directors

The major threats to marine ecosystems include ______. (Check all that apply.) Multiple select question. underfishing Reason: One threat is overfishing, not underfishing. coral reef destruction ocean acidity coastal preservation Reason: A threat is coastal development, not preservation.

Correct Answer coral reef destruction ocean acidity

The scope of the U.S. Foreign Corrupt Practice Act (FPCA) covers _____. (Check all that apply.)

Correct Answer countries that have U.S. affiliates across a range of industries

The effort to prevent inequitable exposure to environmental risk is called _____.

Correct Answer environmental justice

After serving in the position, top sustainability managers reported that their most important skill was _____. Multiple choice question. interpersonal skills education level technical skills subject-matter expertise

Correct Answer interpersonal skills

The clean economy is most accurately defined as sectors of the economy that _____. Multiple choice question. make products with an environmental benefit go beyond regulatory compliance produce cleaning supplies enforce environmental standards

Correct Answer make products with an environmental benefit

The negative effect(s) of corporate power can include _____. (Check all that apply.) Multiple select question. political manipulation price-fixing over-stimulated competition Reason: Over-stimulated competition is a positive corporate power influence. employment reduction

Correct Answer political manipulation price-fixing employment reduction

The belief that when people freely use shared resources and that their freedom will lead to resource destruction is called ______. Multiple choice question. the global commons Reason: The global commons is the shared set of the world's resources. the commons Reason: The commons is a set of shared resources, such as land, water, and air. the paradox of the commons Reason: The paradox of the commons is when people maximize private advantage, common resources may be lost to all. tragedy of the commons

Correct Answer tragedy of the commons

Which argument says that stakeholder management realistically depicts how companies really work? Multiple Choice Descriptive argument. Instrumental argument. Normative argument. Fiduciary argument.

Descriptive argument.

Place the three surges that increased the appointment of ethics officers in chronological order, starting with the earliest trigger. Position 1 of 3 Ethical lapses in large corporations correct toggle button unavailable Ethical lapses in large corporations Position 2 of 3 Enactment of the U.S. Corporate Sentencing Guidelines correct toggle button unavailable Enactment of the U.S. Corporate Sentencing Guidelines

Ethical lapses in large corporations Enactment of the U.S. Corporate Sentencing Guidelines Passage of Sox

The idea that companies have a continuing responsibility for the environmental impact of their products or services, even after they are sold, is called: Multiple Choice Life-cycle analysis. Product life responsibility. Extended product responsibility. Cradle to grave.

Extended product responsibility.

Only in the last few years have scholars found a positive relationship between an organization's economic performance and attention to spiritual values. Group startsTrue or False

False

Why is ozone critical to life on Earth? Multiple choice question. The bluish gas releases oxygen to the Earth. Reason: Ozone is made up of three bonded oxygen atoms, but it does not release oxygen to Earth. In the lower atmosphere, ozone absorbs dangerous ultraviolet light. Reason: In the lower atmosphere, ozone is poisonous to humans. Ozone breaks down chlorofluorocarbons (CFCs). Reason: CFCs break down ozone. In the stratosphere, ozone absorbs dangerous ultraviolet light.

In the stratosphere, ozone absorbs dangerous ultraviolet light.

A stakeholder analysis: Multiple Choice Creates equality among all stakeholder interests. Allows managers to examine two primary questions. Involves understanding the nature of stakeholder interests. All of these answers are correct.

Involves understanding the nature of stakeholder interests.

Arable land is accurately described by which statement? Multiple Choice It is a renewable resource. Over 50 percent of the irrigated lands in developing countries have been desalinized. Poor farming practices have caused arable lands to turn into swamps. Soil erosion helps to distribute dirt across arable lands.

It is a renewable resource.

The instrumental argument says stakeholder management is: Multiple Choice A more realistic description of how companies really work. More effective as a corporate strategy. Simply the right thing to do. Determined by the amount of stock owned in the firm.

More effective as a corporate strategy.

A company that channels employee behavior in a lawful direction by emphasizing the threat of detection and punishment is: Multiple Choice Operating under the compliance-based approach. Practicing "tone at the top." Operating under the integrity-based approach. Operating under the instrumental policy approach.

Operating under the compliance-based approach.

Identify the purposes of corporate ethics reporting mechanisms. (Check all that apply.)

Providing clarifications regarding expected ethical behavior. Providing general information about corporate topics. Offering a way for employees to report ethical violations.

True or false: The consequences of foreign bribery deny U.S. companies the ability to compete in a fair and transparent marketplace. True false question. True False

Reason: This is true. "Instead of being rewarded for their efficiency, innovation and honest business practices, U.S. companies suffer at the hands of corrupt governments and lose out to corrupt competitors."

When something stands out from a background, is seen as important, or draws attention it is: Multiple Choice Urgent. Salient. Powerful. Legitimate.

Salient.

A giant step is taken toward improving ethical performance throughout the company when: Multiple Choice The firm hires a university ethics professor to lecture employees on moral philosophy. The Justice Department launches an investigation of the firm's pricing practices. Senior-level managers signal to employees that they believe ethics is a high priority. A consumer hot line is created and staffed 24 hours a day.

Senior-level managers signal to employees that they believe ethics is a high priority.

With respect to fresh water, according to one estimate, if it were possible to eliminate pollution, capture all available fresh water, and distribute fresh water equitably: Multiple Choice Demand would exceed supply within a hundred years. There would be a balance between demand and supply within a hundred years. Supply would exceed demand within a hundred years. None of these answers is correct.

Supply would exceed demand within a hundred years.

The issue management process is a: Multiple Choice Beneficial tool used only to maximize the positive effects of a public issue for the organization's advantage. Beneficial tool used only to minimize the negative effects of a public issue for the organization's advantage. Systematic process companies use when responding to public issues that are of greatest importance to the business. Confusing process that is rarely used to help top management within an organization.

Systematic process companies use when responding to public issues that are of greatest importance to the business.

Which of the following is not true about justice reasoning? Multiple Choice The reasoner is interested in the net value of benefits. The reasoner considers who pays the costs and who receives the benefits. The reasoner seeks a fair distribution to all affected. The reasoner relies upon some accepted rule or standard.

The reasoner is interested in the net value of benefits.

What is the primary motivation for companies to develop employee ethics programs?

To comply with laws and regulations

According to utilitarian reasoning, an action is ethically preferred when its benefits outweigh its costs. Group startsTrue or False

True

Environmental intelligence is the acquisition of information gained from analyzing the multiple environments affecting organizations. Group startsTrue or False

True

Stakeholder materiality is a method companies use to prioritize the relevance of the stakeholders and their issues. Group startsTrue or False

True

The U.S. Foreign Corrupt Practice Act (FPCA) combats bribery by _____.

assessing civil penalties requiring full disclosure of company transactions assessing criminal penalties

Match the 3M code of conduct principle (in the left column) with the matching description (in the right column): be fair be fair answer drop zone Play by the rules, whether working with government, customers, or suppliers. correct toggle button unavailable Play by the rules, whether working with government, customers, or suppliers. be loyal be loyal answer drop zone Protect 3M's interests, assets, and information. correct toggle button unavailable Protect 3M's interests, assets, and information. be good be good answer drop zone Obey the law and 3M's Code of Conduct. correct toggle button unavailable Obey the law and 3M's Code of Conduct.

be fair be fair answer drop zone Play by the rules, whether working with government, customers, or suppliers. correct toggle button unavailable Play by the rules, whether working with government, customers, or suppliers. be loyal be loyal answer drop zone Protect 3M's interests, assets, and information. correct toggle button unavailable Protect 3M's interests, assets, and information. be good be good answer drop zone Obey the law and 3M's Code of Conduct. correct toggle button unavailable Obey the law and 3M's Code of Conduct.

The act of bribery is an economic force that _____.

corrupts the financial exchange

Some economic impacts of bribery include ______. (Check all that apply.) Multiple select question. global bribery laws reducing payoffs around the world Reason: Despite many national bribery laws, the practice remains prevalent in many parts of the world. corruption scandals rarely affecting a company's stock performance Reason: Corruption scandals often impact a firm's stock share prices as seen in the Petroleo Brasileira SA example. funds for roads and hospitals siphoning off to pay corrupt officials companies indicted for bribery typically paying fines and legal fees

funds for roads and hospitals siphoning off to pay corrupt officials companies indicted for bribery typically paying fines and legal fees

The type of ethics policy that provides ethical rules for employees to follow is called a(n) _____.

instrumental policy