Business Ethics Exam 2

The most effective ethics programs utilize which of the following?

(All of the above)

According to a 2013 opinion poll, Americans hold a dim view of :

Business Executives

Businesses are expected to be ethical in their relationships with:

A. Stockholders. B. Customers. C. Competitors. All of the above

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

A. The values and virtues of the managers. B. The personal character of the managers and employees. C. The traditions, attitudes, and business practices built into a company's culture. (D. All of the above.)

The reason(s) behind the uncertainty of an ethical or unethical decision is (are) that different people andgroups:

All of the above

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

Audited by a certified professional accounting firm

All of the following values are present in most ethical decisions except:

Be kind

Ethical challenges for information technology employees include

Both A and C but not B (Data privacy, copyright protection)

As an additional employee benefit to promote spirituality, companies have begun to provide employees with the services of:

Chaplains

A purchasing agent directing her company's orders to a firm which she received a valuable gift, is an

Conflict of interest

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

Corporate driven

As business becomes increasingly global:

Cross -cultural contradictions will increase

Cross-cultural contradictions arise due to:

Differences between home and host countries' ethical standards.

Which ethical criterion is described by the idea that a company should strive for efficiency?

Egoism

Ethics policies typically cover all of the following issues except:

Encouraging discriminatory personnel practices

Ethisphere Magazine recognizes and rewards ethical leadership and business practices worldwide according to their:

Ethical Quotient (E.Q.)

Recipients of the corporate ethics awards show that:

Firms can be financially successful and ethically focused

If a manger approaches ethics with benevolence in mind, he or she would stress what?

Friendly relations with an employee

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

Identify and analyze the nature of ethical problem

The SEC filed civil false-certification charges against which U.S. financial institution

J.P. Morgan Chase

Aristotle argued:

Moral virtue is a mean between two virtues

According to an annual Gallup poll, which occupation was consistently ranked the highest for honesty and ethics?

Nurse

Business executives are finding that a trusting, ethical relationship with a business partner is:

Often essential in conducting business

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

At the core of rights reasoning is the belief that:

Respecting others is the essence of human rights

People everywhere depend on ethical systems to tell them whether their actions are:

Right or wrong

Which country recently enacted new laws to counter bribery and corruption

Russia

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

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

A recent study found that, compared to the 1980s, managers today place what importance on moral values, such as honesty and forgiveness?

Slightly more important

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

The U.S. Foreign- Corrupt Practices Act

A conception of right and wrong is:

The definition of ethics

Which of these components are not considered during a risk assessment audit to gauge the effectiveness

The financial bottom line

The critical component in installing an effective ethics program is:

The integration of various ethics safeguards into a comprehensive program.

People's ethical beliefs come from:

Their religious background, family, and education

When the benefits of an action outweigh its costs, the action is considered ethically preferred according to:

Utilitarian reasoning

A bottom-line mentality in business is reflected in which statement?

We have to beat the others at all costs

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

ignoring market fair dealing.

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

institutionalizing ethics

The purpose of the Institute of Business Ethics' mobile application "Say No Toolkit" is to:

minimize the risk of corruption