Chapter 10 Warmup

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What report reveals how a​ firm's operations impact the natural​ environment?

A sustainability report

Extensive research has revealed which of the following relationships between corporate social responsibility and corporate financial​ performance?

A​ U-shaped curve

What position should company guidelines and policies take in regards to workplace​ romance?

It should be discouraged.

The Institute of Business Ethics​ (IBE) recently conducted a study and concluded that companies displaying a​ "clear commitment to ethical​ conduct" ______.

consistently outperform companies that do not display ethical conduct

The responsibilities of a firm to​ employees, consumers,​ environmentalists, minorities,​ communities, shareholders, and other groups are referred to as​ ______.

corporate social responsibility

According to the ISO 14001​ standard, an organization is required to put in place and implement a series of practices and procedures​ that, when taken​ together, result in​ a(n) ______.

environmental management system​ (EMS)

Employees should practice​ whistle-blowing, and organizations should​ ______.

have policies that encourage​ whistle-blowing

In addition to having a clear code of business​ ethics, managers must also consider the specific details of the​ code, how it will be​ implemented, and​ ______.

how adherence to it will be monitored


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