Chapter 10 Warmup
What report reveals how a firm's operations impact the natural environment?
A sustainability report
Extensive research has revealed which of the following relationships between corporate social responsibility and corporate financial performance?
A U-shaped curve
What position should company guidelines and policies take in regards to workplace romance?
It should be discouraged.
The Institute of Business Ethics (IBE) recently conducted a study and concluded that companies displaying a "clear commitment to ethical conduct" ______.
consistently outperform companies that do not display ethical conduct
The responsibilities of a firm to employees, consumers, environmentalists, minorities, communities, shareholders, and other groups are referred to as ______.
corporate social responsibility
According to the ISO 14001 standard, an organization is required to put in place and implement a series of practices and procedures that, when taken together, result in a(n) ______.
environmental management system (EMS)
Employees should practice whistle-blowing, and organizations should ______.
have policies that encourage whistle-blowing
In addition to having a clear code of business ethics, managers must also consider the specific details of the code, how it will be implemented, and ______.
how adherence to it will be monitored
