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GBS151 CHP. 2 Test Yourself

MATCHING: An application of moral standards to business situations.
J. Business Ethics
MATCHING: Provides legal protection for employees who report corporate misconduct.
G. Sarbanes-Oxley Act of 2002
MATCHING: A guide to acceptable and ethical behavior as defined by the organization.
E. Code of Ethics
MATCHING: All activities under taken to protect the rights of consumers.
K. Consumerism
MATCHING: Informing the press or government officials about unethical practices within one’s organization.
A. Whistle-Blowing
MATCHING: A latin phrase meaning “Let the buyer beware”.
L. Caveat Emptor
MATCHING: A racial, religious, political, national, or other group of which it is a part.
D. Minority
MATCHING: A plan designed to increase the number of minority, employees at all levels within an organization.
I. Affirmative Action Program
MATCHING: Workers with little education or vocational training and a long history of unemployment.
F. Hard-Core Unemployed
MATCHING: The contamination of water, dirt, or land.
B. Pollution
TRUE OR FALSE: The field of business ethics applies moral standards to business situations.
True
TRUE OR FALSE: Business ethics rarely involves that application of moral standards to the business activity of a normal company.
False
TRUE OR FALSE: The economic model of social responsibility emphasizes the effect of business decisions on society.
False
TRUE OR FALSE: Consumerism consists of all activities undertaken to protect the rights of consumers.
True
TRUE OR FALSE: Manufacturers are not required by law to inform consumers about the potential dangers of using their products.
False
TRUE OR FALSE: Affirmative-action plans encompass all areas of human resources management, including recruiting, hiring, training, promotion, and pay.
True
TRUE OR FALSE: Hard-core unemployed workers are those with little education or vocational training.
True
TRUE OR FALSE: The EPA was created by the government to develop new improved wats to clean and improve the environment.
False
TRUE OR FALSE: Consumers will probably pay in larger part for cleaning up our environment through increased product cost.
True
TRUE OR FALSE: A key step in developing and implementing a social responsibility program is the environmental audit.
False
MULTIPLE CHOICE: Business ethics;
B. is the application of moral standards to business situations.
MULTIPLE CHOICE: Customers expect a firm’s products to;
E. Be safe, reliable, and reasonably priced.
MULTIPLE CHOICE: Some AIG executives were aware of the financial problems the company was facing and yet failed to reveal this information to the public;
D. Unethical
MULTIPLE CHOICE: Bribes are;
A. Unethical
MULTIPLE CHOICE: What are three sets of factors that influence the standards of behavior in an organization;
D. Opportunity, individual factors, social factors.
MULTIPLE CHOICE: Informing the press of government officials about unethical practices within one’s organization is called;
C. Whistle-blowing
MULTIPLE CHOICE: Socially responsibility;
E. Is costly but provides tremendous benefits to society and the business.
MULTIPLE CHOICE: Caveat Emptor;
C. Is latin phrase meaning “Let the buyer beware”.
MULTIPLE CHOICE: Where does social responsibility of business have to begin?;
B. Managment
MULTIPLE CHOICE: Primary emphasis in the economic model of social responsibility is on;
D. Production

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