Ch 3 Dynamic Study Module
Which of the following statements best defines the term whistle-blower?
An employee or other person who reports misconduct, most often to an authority outside the firm
Roger, a new human resources manager, has been hired to ensure his firm's employees act ethically. What should Roger implement to make sure employees understand how to do this?
An ethics training program
How can companies create new markets while acting ethically?
By examining the world with an eye toward social responsibility when developing products
Which of the following is the first step in creating a personal code of ethics?
Determining your base character
Which of the following is true of situational ethics?
It challenges the idea that universal rules exist and can be applied to every situation.
Which of the following is a feature of a mission statement?
It defines the core purpose of an organization.
Which of the following is true of situational ethics?
It has been the subject of controversy.
Which of the following best describes an ethics training program?
It is a program a firm implements to boost awareness of ethical issues among its employees.
Which of the following best describes a firm's code of ethics?
It is a statement of a firm's commitment to certain ethical practices.
Which of the following best describes a social audit?
It is a study of how well a company is meeting its social responsibilities.
Which of the following best describes unethical behavior?
It is behavior that does not conform to a set of approved standards of social or professional behavior.
Which of the following best defines amoral behavior?
It is behavior that occurs when a person has no sense of right and wrong and no interest in the moral consequences of his or her actions.
Which of the following best describes ethical sourcing and procurement?
It refers to dealing fairly with one's suppliers, including those in third-world countries.
Which of the following best describes socially responsible investing (SRI)?
It refers to purchasing shares only in companies that meet certain standards of corporate social responsibility.
Which of the following scenarios is an example of whistle-blowing?
Marco's notifying the U.S. Environmental Protection Agency that his firm is dumping toxic chemicals into a nearby river
Who argued that it makes no more sense to ask a corporation to be socially responsible than it does to ask a building to be?
Nobel Prize winner Milton Friedman
Greensaver Corp. is a company that sells electricity. Greensaver has taken the initiative to generate more power from solar and wind sources and is planting saplings in parks and on roadsides to combat the polluting effects of nonrenewable resources. Which of the following best describes Greensaver Corp.'s efforts?
Sustainability
__________ is the process of working to improve quality of life in ways that simultaneously protect and enhance the earth's life support systems.
Sustainability
Swirl Corporation supplements its donations to education with a variety of programs designed to help at-risk children in the community. It supports underprivileged children and provides them with basic amenities to help improve their education. This initiative by Swirl Corporation is an example of __________.
corporate philanthropy
According to __________, each person has his or her own ideas of right and wrong, so no one should judge anyone else.
moral relativism
Sobadia Singh buys a new smartphone that stops working after 6 months and does not have a warranty. She's not happy about it and lets her followers on Twitter know about it. Sobadia is exhibiting her __________ as a consumer.
right to be heard