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BA Final Chapter 2

Ethics
The principles and standards that determine acceptable conduct in business are referred to as:
Responsiblility
Social ______ related to a business’s impact on society.
Sarbanes-Oxley
The _______ Act criminalized securities fraud and toughened penalties for corporate fraud.
Industry
What is considered ethical may differ depending on the _____ in which business operates.
Trust
One of the most difficult things for a business to restore after an ethics scandal is:
Helps restore confidence in Corporate America
The Sarbanes-Oxley Act was passed to:
Ethical issues are limited to for-profit organizations
Which of the following statements is false?
Has a conflict of interest
If a manager chooses to act that she benefits financially or otherwise at the expense of her firm, then she:
Fairness and honesty
That business people are expected not to harm clients, etc, is part of:
Communications
The warning on cigarette packages about the health implications of smoking is an example of which of the following?
Business relationships
If a manager pressures a subordinate to engage in activities that he or she may otherwise view as unethical there exists an ethical issue related to:
Ethical standards
Many employees utilize different _______ at work than they do at home.
Whistleblower
A large number of ______ cases result in retaliation against the employee, even though the government has tried to take steps to protect workers and to encourage reporting of misconduct.
Code of ethics
A set of formalized rules and standards that describe what a company expects of its employees is called:
Whistleblowing
The act of an employee exposing an employer’s wrongdoing to outsiders.
Limiting the opportunity to behave unethically by providing punishments for violations of the rules and standards.
Codes of ethics foster ethical behavior by:
Depend totally on employees’ personal ethics.
Unethical behavior in business can be reduced if management does all of the following except:
Understanding that individual moral standards, the influence of managers and coworkers, and opportunity influence ethical behavior.
Which of the following should help reduce the incidence of unethical behavior in an organization?
Corporate Citizenship
Extent to which businesses meet the legal, ethical, economic, and voluntary responsibilities placed on them by their stakeholders.
Ethical responsiblity
Avoiding misconduct and doing what is right, just, and fair relates to a business’s:
Philosophic
Which is NOT a dimension of social responsibility?
Consumerism
Activities that independent individuals groups and organizations undertake to protect their rights as consumers:
Saftey
JFK’s consumer bill or rights outlined the four rights: the right to choose, be informed, be heard, and:
Occupational Safety and Health Administration
Laws regarding the safety in the workplace are enforced by:
Fraud
One role the FTC’s Bureau of Consumer Protection is to protect consumers from:
Right to be informed
The ____ gives consumers the freedom to review complete information about the products they are buying.
Equal opportunities
A major social responsibility for businesses is providing _____ for all employees.

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