Business #2
Which of the following statements is true?
Companies can be both profitable and socially responsible.
Which of the following statements is FALSE about ethics?
Ethical issues are limited to for-profit organizations.
Which of the following statements about business ethics is FALSE?
It concerns the impact of a business's activities on society.
The _____ Act criminalized securities fraud and toughened penalties for corporate fraud.
Sarbanes-Oxley
The principles and standards that determine acceptable conduct in business organizations are referred to as:
business ethics.
The Sarbanes-Oxley Act was passed to:
help restore confidence in corporate America.
According to the National Business Ethics Survey, _____ is the number one area of misconduct observed in the workplace.
misuse of company time
Studying business ethics will NOT necessarily:
motivate individuals to perform acts of social responsibility.
The term social _____ refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.
responsibility
One of the most difficult things for a business to restore after an ethics scandal is:
trust.