Social Resp & Ethics Ch 6

Business managers need a set of ethical guidelines to help them:

Identify and analyze the nature of the ethical problem.

Which company ethics safeguard is commonly implemented as an employee "helpline"?

Reporting mechanisms

A company that has ranked amongst the most ethical firms from 2007 to 2017, according to Forbes magazine, is:

AFLAC

By law, the financial records of publicly held companies are required to be:

Audited by a certified professional accounting firm.

Integrity-based ethics programs:

Combine concern for the law with an emphasis on employee responsibility.

Which of these statements is true about the U.K. Bribery Act?

Contains a strict liability offense for failure to prevent bribery by commercial organizations.

Which of the following is not an example of an ethical criterion?

Corporate driven

In the case Equifax Data Breach which ethical climate dominated during the dat breach

Egoism

Ethics policies typically cover all of the following issues except:

Encouraging discriminatory personnel practices.

The unspoken understanding among employees of what is and is not acceptable behavior is called:

Ethical climate

Building ethical safeguards into a company's everyday routines is called:

Institutionalizing ethics.

A company that channels employee behavior in a lawful direction by emphasizing the threat of detection and punishment is:

Operating under the compliance- based approach

The core components upon which a company's ethical performance depends include

The values and virtues of the managers. The personal character of the managers and employees. The traditions, attitudes, and business practices built into a company's culture

Most ethics or compliance officers are entrusted to:

Act as a liaison between the company and their temporary employees.

All of the following are commitments of the Principles of the Code of Professional Conduct of the American Institute of Certified Public Accountants except:

Due process

Which of these components are not considered during a risk-assessment audit to gauge the effectiveness of a firm's ethics programs?

The financial bottom line

Ethical challenges for information technology employees include

Data privacy and copyright protection

The critical component in installing an effective ethics program is:

The integration of various ethics safeguards into a comprehensive program

When attempting to build ethical safeguards into the company, businesses can take the following specific approaches:

Compliance & Integrity

The most effective ethics programs utilize which of the following:

Written policy. Posters. Quick reference guides.

A member of the Chartered Financial Analyst Institute (CFA) must:

Promote the integrity of and uphold the rules governing global capital markets. Act with integrity, competence, diligence, respect, and in an ethical manner with the public. Maintain and improve their professional competence.

A giant step is taken toward improving ethical performance throughout the company when:

Senior level managers signa to employees that they believe ethics is a high priority

Which U.S. Act prohibits executives representing U.S.-based companies from paying bribes to foreign government officials, political parties, or political candidates?

The U.S. Foreign Corrupt Practices Act.

The Principles and Standards of Ethical Supply Chain Management Conduct includes the principle:

Protect confidentiality

if a manager approaches ethics with benevolence in mind, he or she would stress what?

Friendly relations with an employee

Which country passed major anti-corruption reforms in 2016?

Mexico

Which type of employee is most likely to report ethical issues in the workplace?

executives

All of the following are considered to be ethical issues for marketing profesionals except

ignoring market fair dealing