FM 116 CH 4

Which of the following statements is true of ethics?

Actions that are completely legal can still be unethical.

Consumerism is a widely accepted social movement. Which of the following can be considered a consumer's right?

Expressing legitimate complaints easily

Which of the following 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 a company's responsibility to the environment, which of the following 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

In the context of ethics and social responsibility in the global arena, which of the following statements is true of a business's responsibility to workers abroad?

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

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

collaborate with other medical clinics to guarantee low prices in low-income counties.

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

core ethical values that transcend political, religious, class, and ethnic divisions.

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

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, which of the following statements is true of measuring a company's success by evaluating a double bottom line?

it accounts for traditional financial indicators, such as earnings

Promoting high-calorie/low-nutrient foods with inadequate information about the risks is a(n) _____ practice.

legal but unethical

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

misconduct by employees rose when they felt that the Great Recession negatively impacted the ethical culture of their company.

Transparency International, a leading anticorruption organization, published its yearly index of "perceived corruption" across 168 countries in 2015. Its findings showed that:

the United States scored lesser than most of the European countries in the index of perceived corruption.

According to research from the Ethics Resource Center (ERC), organizational culture is most influential in shaping the ethical conduct of individual employees.

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

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

Establishing goals

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

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

In the context of bringing the code of ethics of a company to life, which of the following statements 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.

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

true