Prof Business Ethics Chap 1

Many studies have found a positive relationship between which of the following?

An ethical culture and good business performance

The term ethical culture is associated with which of the following? (Select three)

Acceptable behavior as defined by the company and industry workplace confrontation over ethical issues, reports to management of observed misconduct, and the presence of ethics hotlines a culture that creates shared values and support for ethical decisions and is driven by the ethical leadership of top management

Decreed by President John F. Kennedy in 1962, which of the following outlined four basic consumer rights: the right to safety, the right to be informed, the right to choose, and the right to be heard?

Consumers' Bill of Rights

Relating to stakeholder demands for firms to protect the environment, contribute to social causes, and engage in conduct that is responsible and ethical, which of the following is becoming an important initiative in the 2020s?

Environmental Social Governance (ESG)

Which of the following refers to acceptable behavior as defined by the company and industry and is a function of many factors, including corporate policies, top management's leadership on ethical issues, the influence of coworkers, and the opportunity for unethical behavior?

Ethical culture

A set of 10 principles concerning human rights, the environment, and anti-corruption, which seeks to create openness and alignment among business, government, society, labor, and the United Nations, is known as the

Global Compact

An organization's obligation to maximize its positive impact on stakeholders and to minimize negative impact refer to its

corporate social responsibility

an organization that has a strong ethical environment usually has a core value of place _____ interests first

customers'

a situation where a person is faced with multiple choices, all of which are undesirable by that person

moral dilemma

A person's personal philosophy about what is right or wrong

morals

human rights, freedom of speech, and the fundamentals of justice are examples of

principles

the pressure not compromise organizational standards, observed misconduct, reporting of misconduct when observed, and retaliation against reports

workplace integrity