BUS 104 Chapter 2

A manager who discriminated against a member of a protected class in an employment decision such as hiring, firing, training or promotion demonstrates_____ behavior.

both unethical and illegal

A ethical or unethical behaviors by employees and managers in the context of their jobs are referred to as ______.

business ethics

Which of the following groups or individuals would NOT be considered an organizational stakeholder?

competitors

John, a purchasing agent, is offered an all-expense paid trip to Hawaii by a supplier if he agrees to award a substantial amount of business to the supplier. Accepting this trip would constitute______.

a conflict of interest

Jack discovers that his employer is dumping dangerous chemicals into the river rather than disposing of them correctly. When management refuses to listen to his concerns, he contacts the Evironmental Protection Agency to report the firms conduct. This is an example of_____

whistle blowing

Which of the following questions would a manager ask if they were examining an action or policy based upon the ethical norm of caring?

Is this action consistent with peoples responsibilities to each other?

A which of the following is deemed as the single MOST effective step an organization can take in order to encourage ethical behavior in the workplace?

Demonstrate top management support of ethical standards

A manager must decide whether a particular course of action is ethical. What is the FIRST step the manager should take?

Gather the relevant factual information

A manager who is examining an action or policy based on the ethical norm of justice would likely ask which of the following questions?

Is the action or policy consistent with what is considered fair or equitable?

Which of the following BEST describes a conflict of interest?

an employee engaging in an activity that may bebefit that individual to the detirment of his/her employer

organized efforts by individuals, groups, and the government to help protect consumers from unfair business practices are referred to as ______.

consumerism

EpiPens constrain a pre-set dose of epinephrine. In 2007, Milan obtained the rights to sell them and increased the list price from $94 to $609. Because it is a prescribed medicine, sales did not drop and the company revenues have steadily increased. This is BEST an example of a _______ issue.

ethical

Your business partner routinely posts his personal reviews of your products online in order to boost sales. This might be ___ as well as ____.

illegal; unethical

A senior level manager in a corporation learns that the Chief Financial Officer is going to be indicted bathe following day on charges of accounting fraud. He quickly sells shares of stock in the corporation, fearing that the stock will fall after news. This is an example of_____.

insider trading

The National Association of Realtors hires a consulting group to meet with members of Congress and the Senate and develop, advance and influence legislation concerning the ownership and operation of real estate. This is an example of _______.

lobbying

A company donated a share of its profits to charitable programs and is a corporate sponsor of the philharmonic orchestra. The company is demonstrating social responsibility toward which of the following organizational stakeholders?

local community

A group formed for the purpose of soliciting funds and then contributing those funds to the campaigns of politicians is known as a ______.

political action committee (PAC)

Direct influence to shape social responsibility practices by the government is most often accomplished through _____

regulation