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