BEO chp 5 SB Ethics and Social Responsibility

Which of these practices would be considered an ethical business choice that does more than the law requires?

Multiple choice question.

1. Paying overtime pay to hourly waged employees

2. Providing extensive training for hazardous jobs

3. Using organic meat products in food preparation

4. Choosing not to dump toxic waste in local water sources

5. Providing wheelchair access to an office building or retail store

3. Using organic meat products in food preparation

The standards of right versus wrong in a society are also called Blank______.

Multiple choice question.

1. religious edicts

2. commandments

3. laws

4. ethics

4. ethics

________ material from the Internet, including cutting and pasting information from websites without giving credit, has been a common form of cheating in schools in the past.

plagiarizing

In the context of ethics, people learn their values and standards from hearing what others say, not from observing what they do.

True false question.

True

False

false

_________ -based ethics codes emphasize preventing unlawful behaviour by increasing control and penalizing wrongdoers. ______ -based ethics codes define an organization's guiding values, create an environment that supports ethically sound behaviour, and stresses shared accountability.

compliance, integrity

Filing income tax is an example of obeying the ______ , but it is only the first step in being ethical.

law

Who sets the standards of right and wrong as defined by ethics?

Multiple choice question.

1. Governments

2. Religious institutions

3. The World Trade Organization (WTO)

4. Society

5. Companies

society

What do strong managers help instill into the corporation when setting examples of ethical behaviour?

Multiple choice question.

1. Rules

2. Policy

3. Laws

4. Values

4. values

Which of these is the first step in the the six step process which can help improve business ethics?

Multiple choice question.

1. Managers and others must be trained to consider the ethical implications of all business decisions.

2. An ethics office must be set up.

3. The ethics code must be enforced with timely action if any rules are broken.

4. Top management must adopt and unconditionally support an explicit corporate code of conduct.

4. Top management must adopt and unconditionally support an explicit corporate code of conduct.

Although ethics codes vary greatly, they can be classified into what categories? More than one answer may be correct.

Multiple select question.

• compliance-based

• peer-based

• integrity-based

• law-based

• compliance-based

• integrity-based

Insiders, such as lower-level employees, who report concerns about a company's accounting or auditing practices are called Blank______.

1. whistleblowers

2. analysts

3. ethical officers

4. stockholders

1. whistleblowers

Which set of ethic codes emphasizes preventing unlawful behaviour by increasing control and penalizing wrongdoers?

Multiple choice question.

1. Integrity-based ethics codes

2. Compliance-based ethics codes

3. Compliance-driven ethics codes

4. Integrity-driven ethics codes

2. Compliance-based ethics codes

______ of the ethics code in a timely manner is the most forceful way to communicate its importance.

Multiple choice question.

1. Publication

2. Enforcement

3. Internationalization

4. Customization

2. Enforcement

Which set of ethics codes defines an organization's guiding values, creates an environment that supports ethically sound behaviour, and stresses shared accountability?

Multiple choice question.

1. Compliance-based ethics codes

2. Integrity-based ethics codes

3. Morality codes

4. Compliance-driven ethics standards

2. Integrity-based ethics codes

The  mission of the Blank______ is "to enable individuals to work successfully in the field of ethics in organizations by enhancing the quality and availability of ethics advice and services across Canada."

Multiple choice question.

1. Equalitarian Ethics Organization of Canada

2. Ethics Practitioners' Association of Canada

3. Ethics Policy and Standards Commission

4. Whistleblower and Ethics Assembly of Canada

2. Ethics Practitioners' Association of Canada

______ protects whistleblowers by requiring all public corporations to allow employee concerns about accounting and auditing to be submitted confidentially and anonymously.

Multiple choice question.

1. The WTO

2. The Constitution

3. The Bill of Rights

4. Sarbanes-Oxley Act

4. Sarbanes-Oxley Act

Which of these is the final step in the the six step process which can help improve business ethics?

Multiple choice question.

1. An ethics office must be set up.

2. The ethics code must be enforced with timely action if any rules are broken.

3. Top management must adopt and unconditionally support an explicit corporate code of conduct.

4. Managers and others must be trained to consider the ethical implications of all business decisions.

2. The ethics code must be enforced with timely action if any rules are broken.

Corporate social responsibility is a business's concern for Blank______.

Multiple choice question.

1. profit only

2. the welfare of society

3. corporate wealth

4. the welfare of the company

2. the welfare of society

___________ are insiders who report illegal or unethical behaviour.

Whistleblowers

Under ethical ___________ , "companies provide products that appeal to people's best selves."

consumerism

The most forceful way to communicate the importance of an ethics code is to Blank______.

Multiple choice question.

1. make it available to everybody

2. train employees

3. enforce it

4. train top management

1. enforce it

Charitable donations to different non-profit groups, such as the Ronald McDonald Houses, can be attributed to which dimension of social responsibility?

Multiple choice question.

1. Corporate philanthropy

2. Corporate social initiatives

3. Corporate social responsibility

4. Corporate policy

1. Corporate philanthropy

The Ethics ________ _________ of Canada's (EPAC) mission is “to enable individuals to work successfully in the field of ethics in organizations by enhancing the quality and availability of ethics advice and services across Canada.”

Practitioners Association

Corporate social initiatives include forms of corporate philanthropy that are Blank______.

Multiple choice question.

unrelated to the company's competencies

directly related to a company's competencies

unprofitable

changed regularly

directly related to a company's competencies

The intent of the Sarbanes-Oxley Act was to Blank______.

Multiple select question.

1. restructure the banking industry

2. prevent corporate misconduct

3. establish stronger standards

4. bankrupt unethical corporations

1. prevent corporate misconduct

2. establish stronger standards

he dimension of social responsibility known as _________ responsibility includes everything from hiring minority workers to making safe products, minimizing pollution, using energy wisely, and providing a safe work environment.

corporate

Which of these is included in the four basic rights of consumers?

Multiple choice question.

1. The right to safety

2. The right to be selective

3. The right to be understood

4. The right to the highest quality

1. The right to safety

Ethical consumerism combines ethics with Blank______.

Multiple choice question.

1. interest rates

2. shopping

3. bank loans

4. investment

shopping

The unethical activity in which investors use private company information to further their own fortunes or those of their family and friends is called Blank______.

Multiple choice question.

1. insider trading

2. whistleblowing

3. theft

4. financial innovation

1. insider trading

According to Contented Cows Give Better Milk, the companies with _________ employees outgrew and outperformed their counterparts known as "common cow companies."

contented

Corporate _________ initiatives include enhanced forms of corporate philanthropy directly related to the company's core competencies.

social

Many businesses believe that they should have an influential and important role in Blank______.

Multiple choice question.

1. redistributing wealth

2. building social inequities

3. building communities

4. religious practice for all employees

1. building communities

The dimension of social responsibility which includes certain aspects such as seeking employees that are racially diverse or producing low-emission vehicles is called Blank______.

Multiple choice question.

1. corporate policy

2. social auditing

3. corporate responsibility

4. corporate social initiative

1. corporate responsibility

Which of these represent the four basic rights of consumers?  More than one answer may be correct.

Multiple select question.

1. The right to safety

2. The right to be heard

3. The right to file lawsuits

4. The right to choose

5. The right to be informed

The right to safety

The right to be heard

The right to choose

The right to be informed

Developments in clean energy have resulted in a need for engineers to specialize in wind and solar energy, which affected jobs in Blank______, which has led to more jobs in accounting and project management. 

Multiple choice question.

1. restaurants

2. road maintenance

3. manufacturing and construction

4. entertainment

1. manufacturing and construction

A systematic evaluation of an organization's progress toward implementing socially responsible and responsive programs is called Blank______.

Multiple choice question.

1. corporate policy

2. a social audit

3. social responsibility

4. social responsibility investing

1. a social audit

From the list below, identify the five groups considered to be a type of watchdog group.  More than one answer may be correct.

Multiple select question.

• Environmentalists

• Suppliers

• Customers

• Wholesalers in the supply chain

• Socially conscious investors

• Union officials

• Socially conscious research organizations

• Environmentalists

• Socially conscious investors

• Union officials

• Socially conscious research organizations

• Customers 

Many companies believe they have a role in promoting Blank______ that goes way beyond simply "giving back."

Multiple choice question.

1. school districts

2. social justice

3. building parks

4. profitable charities

1. social justice

Sustainable development reinforces the importance of development which is sustainable for current and _________ generations.

future

Ethical problems such as influence peddling and bribery Blank______.

Multiple choice question.

1. occur in many countries

2. occur in only a few countries

3. are just part of doing business

4. are limited to Canada

occur in many countries

Approximately how many Canadians are employed in the renewable energy sector?

Multiple choice question.

1. 500,000

2. 250,000

3. 150,000

4. 300,000

1. 300,000

Which type of watchdog group hunts down violations and forces companies to comply?

Multiple choice question.

1. Environmentalists

2. Customers

3. Union officials

4. Socially conscious research organizations

1. Union officials

he term used to describe the implementation of processes which integrate environmental, economic, and social considerations into decision making is Blank______.

Multiple choice question.

1. defensible development

2. comprehensive development

3. sustainable development

4. inclusive development

1. sustainable development

Which of these facts best exemplifies the statement that "ethical problems are not unique to Canada"?

Multiple choice question.

1. Other countries also follow capitalist principles.

2. Top leaders from many countries have been charged with bribery.

3. China is a communist country.

4. Ethical standards are different from country to country.

1. Top leaders from many countries have been charged with bribery.

___________ ___________ responsibility is a business's concern for the welfare of society.

corporate social

The use of private information about a company by an employee for personal financial gain is Blank______.

Multiple choice question.

1. proprietary sales

2. acceptable

3. insider trading

4. legal

1. insider trading

____________-_________ ethics codes focus on penalizing wrongdoers.

Compliance - based

The following six-step process can help improve business ethics:

1. Top management must adopt and unconditionally support an explicit corporate code of conduct.

2. Employees must understand that expectations for ethical behaviour begin at the top and that senior management expects all employees to act accordingly.

3. Managers and others must be trained to consider the ethical implications of all business decisions.

4. An ethics office must be set up. Phone lines to the office should be established so that employees who don't necessarily want to be seen with an ethics officer can inquire about ethical matters anonymously. Whistleblowers (people who report illegal or unethical behaviour) must feel protected from retaliation as oftentimes this exposure can lead to great career and personal cost.

5. Outsiders such as suppliers, subcontractors, distributors, and customers must be told about the ethics program. Pressure to put aside ethical considerations often comes from the outside, and it helps employees to resist such pressure when everyone knows what the ethical standards are.

6. The ethics code must be enforced with timely action if any rules are broken.

The ______ ______ is a systemic evaluation of an organization's progress toward implementing socially responsible and responsive programs.

social audit

Ethisphere, is which type of watchdog group?

Multiple choice question.

1. Socially conscious research organization

2. Customers

3. Environmentalists

4. Wholesalers in the supply chain

5. Union officials

Socially conscious research organization

The  mission of the Blank______ is "to enable individuals to work successfully in the field of ethics in organizations by enhancing the quality and availability of ethics advice and services across Canada."

Multiple choice question.

Whistleblower and Ethics Assembly of Canada

Ethics Practitioners' Association of Canada

Ethics Policy and Standards Commission

Equalitarian Ethics Organization of Canada

Ethics Practitioners' Association of Canada