Chapter 4 FBP

What is true of ethics?

Actions that are completely legal can still be unethical

In the context of the legal and ethical dimensions of business conducts, it is illegal but ethical to:

Collaborate with other medical clinics guarantee low prices in low-income countries

The nonprofit, nonpartisan character counts organization has worked with a various group of educators and community leaders to establish a set of:

Core ethical values that transcend political, religious, class and ethnic divisions

In the context of monitoring ethics and social responsibility, which is the starting point of a social audit?

Establishing goals

Consumerism is a widely accepted social movement. Which of these can be considered consumers right?

Expressing legitimate complaints easily

Socially responsible employers stick to the state laws and do not go beyond them when it comes to providing a good working environment to employees

False

Which is a duty of a socially responsible organization toward its customers?

Following laws that prevent anticompetitive behavior such as predatory pricing

In the context of legal and ethical dimensions of business conducts, embezzling money is:

Illegal and unethical

In the context of an organization dedicated to promoting corporate social responsibility, what is true of measuring a company's success by evaluating a double bottom line?

It accounts for traditional financial indicators, such as earnings

In the context of a socially responsible organization, which is true of consumerism?

It is a movement that suggests that customers rights should be the starting point of any business

Which is true when experts try to advocate a forceful, integrated approach to ethics?

It should be ensured that the company's ethics code is both local and global in scope

In the context of ethical choices, research results from the Ethical Resource Center (ERC) illustrate that:

Misconduct by employees rose when they felt that the great depression negatively impacted the ethical culture of their company

In the context of a company's responsibility to the environment, which is the idea behind sustainable development?

To meet the needs of the current generation without harming the ability of future generations to meet their needs

According to research from ERC organizational culture is most influential in shaping the ethical conduct of individual employees

True

Globalization has made ethics and social responsibility complicated for workers at every level

True

Sustainable development means weaving environmentalism throughout the business decision-making process

True

The personal needs, the culture, and the family of an individual influence his or her ethical choices

True

What is true of a business responsibility to workers abroad?

When deciding living wages, companies must bring together their own values with laws of both the US and their host countries

Promoting high calorie/low nutrient foods with inadequate information about risks is a(n) ___ practice

legal but unethical