business 4

successful investor warren Buffett says that______ is the most important requirement on his list of what he looks for in a new employee A personal integrity B moral intelligence C optimistic attitude D creative energy

A personal integrity

which of the following statements about business ethics or false? A business ethics referred to actions taken by individuals to do the right thing B business ethics concerns the actions taken by a company to show concern for it's stakeholders C Business ethics will be on opening applicable laws and regulations D studying business ethics can help you learn to recognize and respond to ethical challenges

B Business ethics concern the actions taken by a company to show concern for its stakeholders

Karen learns from a coworker at her pharmaceutical company that one of the firms most profitable drugs will be pulled off the market. Before the news becomes public she sells all of her stock in the company. This action is best described as wKaren learns from a coworker at her pharmaceutical company that one of the firms most profitable drugs will be pulled off the market. Before the news becomes public she sells all of her stock in the company. This action is best described as ____? A Martha Stewart syndrome B insider trading C the stakeholders dilemma D conflict of interest

B insider trading

Although Cynthia Cooper did the right thing and exposing fraud at WorldCom, many coworkers _____ her A sued B shunned C threatened D reported

B shunned

when mcdonald's was first criticized for serving unhealthy food that contributed to a national epidemic of obesity what was its response? A The company immediately announced that it was Eliminating it's super size meal B The company improved his happy meal by letting kids substitute apple slices and low-fat milk for eight usual fries and soda C it's managements said "we offer healthy choices. it is up to individuals to set limits to be informed" D it enlisted the cooperation of other fast food companies in encouraging children and adults to eat healthier foods

C It's management said, "we offer healthy choices. It is up to individuals to set limits and to be informed."

in planning a statement of Cora values in a code of ethics for his start up company, Gordon McDonald realize the ethical organizational activities include all of the following except_____ A Treating the public fairly B Holding every employee accountable for his or her actions C Drawing up a list of products safety standards D making fairness a top priority

C drawing up a list of products safety standards

all of the following influence the ethics of a business except_____ A top managers B supervisors C personal values D Subordinates

C personal values

ethics refers to___? A the practice of obeying applicable business laws and regulations B the ability to recognize a morally problematic situation C the ability to know right from wrong and to know when youre practicing one instead of the other D a series of situations in which an individual must choose between personal interest in the interest of others

C the ability to know right from wrong and to know when you're practicing one instead of the other

leaders should do all of the following to promote ethical policies in their organizations except____ A be available to help employees and solve ethical problems B be responsible for minimizing opportunities for wrongdoing and for exerting the controls needed to enforce company policies C be role models themselves D be prepared to take the blame for senior members misconduct

D be prepared to take the blame for senior members misconduct

all of the following are arguments in favor of social responsibility except____ A it's the right thing to do B being an admired company can increase profits C it makes it easier to get investors to put money into a company D it encourages employees to act ethically

D it encourages employees to act ethically