Exam 2: Entrepreneurial Integrity and Ethics

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Because they are in contact with a much larger body of employees, the ethical influence of a leader in a large business is more pronounced than is that of a leader in a small firm.

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False

The most important influence on ethics in a small business is

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C

One study cited in the textbook found entrepreneurs tend to be more narrowly focused on profits and thus less socially responsible than CEOs of large businesses.

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The Ethics Resource Center has adapted a six-step process to help small businesses see issues more clearly and make better, more ethical decisions.

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If a student copies his favorite record album and gives it away to a friend to use, the student is engaged in the theft of _____ property.

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Environmentalism poses the greatest threat to small

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Socially responsible activities may be consistent with a firm's long-term profit objective.

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Employer monitoring of employees' Internet activities has become so commonplace that it is no longer a subject for debate.

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When an employee steals money from a firm it is called

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Small business owners cannot formulate codes of ethics; they must be issued by law or by professional associations.

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Unethical business behaviors take place in every country, but some countries must deal with more serious forms of illegal business activity than others.

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A recent National Federation of Independent Business study found that _____ percent of small businesses made contributions to their community in one form or another.

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A nationwide survey showed that no pressure to act unethically was felt by what proportion of individuals holding managerial and professional positions in small business?

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According to Advertising Age magazine, american workers spent the equivalent of _____ years' worth of 40-hour work weeks reading non-work-related blogs on the internet.

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A few years ago sellers on eBay were mostly private individuals selling second-hand goods. But now eBay is increasingly used by professional retailers selling new items, many of which are fake (i.e., copies of Gucci and Louis Vuitton handbags). The fake goods are called counterfeit goods and violate laws related to

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In a small business, the most important key to ethical performance is

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An Internet innovation known as donuts were developed so that Web sites could recognize return visitors and thus generate a customized and personalized response.

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In a recent survey of employees of small firms, less than half reported feeling no pressure to compromise their own ethical standards.

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Milton Friedman argues that businesses

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A U.S. manager is upset with his overseas representative in Fannelstan for paying a small "access fee" to a local customs official to ensure the expedited release of a customer order. The manager's belief such payments are wrong reflects his sense of _____.

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