Question 1

Corporate ethics programs commonly include which of the following?

Accepted Answer

A)   Formal ethics code.
B)   Ethics committees.
C)   Ethics communication systems.
D)   Ethics ombudspersons.
E)   All of these are generally included in corporate ethics programs.F) All of the above
G) B) and E)

Question 2

Describe compliance-based ethics programs and integrity-based ethics programs. Explain the differences between them and the expected outcomes of each type of program.

Accepted Answer

Compliance-based ethics programs are des...

Question 3

According to public opinion polls, only about a third of employees trust their own CEO.

Accepted Answer

A) True 
 B)False

Question 4

At what level of moral development would Kohlberg describe Shannon, if he determines his work behaviors solely on whether he thinks he can do them without receiving punishment from his boss?

Accepted Answer

A)   Emotional.
B)   Conventional.
C)   Principled.
D)   Preconventional.
E)   Normative.F) A) and B)
G) A) and E)

Question 5

Gita's presentation centered on taking which of the following actions?

Accepted Answer

A)   Production of goods and services that society wants at prices that perpetuate the business and satisfy its obligations to investors.
B)   Obeying all laws that affect Valley's operations.
C)   Doing the right thing regardless of what the law says.
D)   Supporting Jeremiah's proposal.
E)   Supporting Ellen's proposal.F) B) and C)
G) C) and E)

Question 6

Excessive emphasis on long-term revenues over shorter-term considerations is one of the factors that is conducive to unethical behavior.

Accepted Answer

A) True 
 B)False

Question 7

Discuss the ethical systems (universalism, egoism, utilitarianism, virtue ethics and relativism). Provide an example of each.

Accepted Answer

Ethical systems are frameworks that guid...

Question 8

GE management sees environmental rules strictly as a burden and a cost to the company.

Accepted Answer

A) True 
 B)False

Question 9

Most people have unconscious biases that give others the benefit of the doubt while simultaneously giving themselves little credit.

Accepted Answer

A) True 
 B)False

Question 10

__________ is a perspective that goes beyond the conventional rules of society by suggesting that what is moral must also come from what a mature person with good "moral character" would deem right.

Accepted Answer

A)   Business ethics
B)   Virtue ethics
C)   Relativism
D)   Utilitarianism
E)   EgoismF) B) and D)
G) A) and E)

Question 11

Opponents of corporate social responsibility would suggest that

Accepted Answer

A)   Organizations ought to be profit-seeking and that when they concentrate on this motive, they will benefit society.
B)   Organizations' only responsibilities are clearly defined by the laws and regulations imposed upon them.
C)   Organizations' responsibilities are to attempt to satisfy all relevant stakeholders' interests.
D)   An organization's responsibility is to satisfy select stakeholders that express their specific needs.
E)   An organization's only goal should be to provide employment with safe working conditions.F) A) and B)
G) C) and D)

Question 12

__________ is the ethical system stating that all people should uphold certain values that society needs in order to function.

Accepted Answer

A)   Moral philosophy
B)   Egoism
C)   Universalism
D)   The Caux Principle
E)   UtilitarianismF) A) and B)
G) C) and D)

Question 13

The goal of ecocentric management is the creation of sustainable economic development and improvement of quality of life worldwide for all organizational stakeholders.

Accepted Answer

A) True 
 B)False

Question 14

Build a case for the convergence of profit maximization and corporate social responsibility.

Accepted Answer

The answer of Build a case for the convergence of...

Question 15

___________ considers acceptable behavior to be that which maximizes benefits for the individual.

Accepted Answer

A)   Egoism
B)   Deontology
C)   Relativism
D)   Universalism
E)   UtilitarianismF) A) and E)
G) D) and E)

Question 16

The ________ ethical framework encourages employees to consider whether they would like to see their decisions displayed on the front page of the newspaper. If they would not mind, then it is likely an appropriate course of action.

Accepted Answer

A)   Kohlberg
B)   sunshine
C)   newspaper
D)   journalist
E)   publicityF) C) and D)
G) A) and B)

Question 17

Tripp is using which ethical system for his decision making?

Accepted Answer

A)   Universalism.
B)   Egoism.
C)   Utilitarianism.
D)   Relativism.
E)   Virtue ethics.F) A) and E)
G) All of the above

Question 18

In general, the accumulated evidence indicates that social responsibility is associated with better financial performance.

Accepted Answer

A) True 
 B)False

Question 19

"The social responsibility of business is to increase profits," is a well known quote from Milton Friedman, a Nobel Prize-winning economist.

Accepted Answer

A) True 
 B)False

Question 20

Johnson & Johnson's ethics code has been widely recognized because

Accepted Answer

A)   The code focuses only on employee behavior.
B)   It does not mention stockholders.
C)   It is effective; J&J consistently receives high rankings for community and social responsibility.
D)   Employees see little relation between it and the realities at the firm.
E)   The statement uses humor to make light of the potential issues.F) A) and C)
G) A) and B)

Exam 5: Ethics, Corporate Responsibility, and Sustainability

__________ is a perspective that goes beyond the conventional rules of society by suggesting that what is moral must also come from what a mature person with good "moral character" would deem right.

Correct AnswerverifiedShow Answer

__________ is the ethical system stating that all people should uphold certain values that society needs in order to function.

Correct AnswerverifiedShow Answer

Most people have unconscious biases that give others the benefit of the doubt while simultaneously giving themselves little credit.

Correct AnswerverifiedShow Answer

Describe compliance-based ethics programs and integrity-based ethics programs. Explain the differences between them and the expected outcomes of each type of program.

Correct AnswerAnswered by ExamLex AICompliance-based ethics programs are des...View AnswerShow Answer

Excessive emphasis on long-term revenues over shorter-term considerations is one of the factors that is conducive to unethical behavior.

Correct AnswerverifiedShow Answer

Build a case for the convergence of profit maximization and corporate social responsibility.

Correct AnswerverifiedShow Answer

"The social responsibility of business is to increase profits," is a well known quote from Milton Friedman, a Nobel Prize-winning economist.

Correct AnswerverifiedShow Answer

The goal of ecocentric management is the creation of sustainable economic development and improvement of quality of life worldwide for all organizational stakeholders.

Correct AnswerverifiedShow Answer

At what level of moral development would Kohlberg describe Shannon, if he determines his work behaviors solely on whether he thinks he can do them without receiving punishment from his boss?

Correct AnswerverifiedShow Answer

Gita's presentation centered on taking which of the following actions?

Correct AnswerverifiedShow Answer

Discuss the ethical systems (universalism, egoism, utilitarianism, virtue ethics and relativism). Provide an example of each.

Correct AnswerAnswered by ExamLex AIEthical systems are frameworks that guid...View AnswerShow Answer

Johnson & Johnson's ethics code has been widely recognized because

Correct AnswerverifiedShow Answer

___________ considers acceptable behavior to be that which maximizes benefits for the individual.

Correct AnswerverifiedShow Answer

Opponents of corporate social responsibility would suggest that

Correct AnswerverifiedShow Answer

Corporate ethics programs commonly include which of the following?

Correct AnswerverifiedShow Answer

GE management sees environmental rules strictly as a burden and a cost to the company.

Correct AnswerverifiedShow Answer

Tripp is using which ethical system for his decision making?

Correct AnswerverifiedShow Answer

According to public opinion polls, only about a third of employees trust their own CEO.

Correct AnswerverifiedShow Answer

In general, the accumulated evidence indicates that social responsibility is associated with better financial performance.

Correct AnswerverifiedShow Answer

The ________ ethical framework encourages employees to consider whether they would like to see their decisions displayed on the front page of the newspaper. If they would not mind, then it is likely an appropriate course of action.

Correct AnswerverifiedShow Answer

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