Business #2

Which of the following statements is true?

Companies can be both profitable and socially responsible.

Which of the following statements is FALSE about ethics?

Ethical issues are limited to for-profit organizations.

Which of the following statements about business ethics is FALSE?

It concerns the impact of a business's activities on society.

The _____ Act criminalized securities fraud and toughened penalties for corporate fraud.

Sarbanes-Oxley

The principles and standards that determine acceptable conduct in business organizations are referred to as:

business ethics.

The Sarbanes-Oxley Act was passed to:

help restore confidence in corporate America.

According to the National Business Ethics Survey, _____ is the number one area of misconduct observed in the workplace.

misuse of company time

Studying business ethics will NOT necessarily:

motivate individuals to perform acts of social responsibility.

The term social _____ refers to a business's obligation to maximize its positive impact and minimize its negative impact on society.

responsibility

One of the most difficult things for a business to restore after an ethics scandal is:

trust.