Exam 3: Conducting Business Ethically and Responsibly

Which of the following is an example of a company acting irresponsibly toward its investors?

What is the difference between ethical behaviour and unethical behaviour?

Consumer rights include the right to safe products,the right to be informed,the right to be heard,and the right to a refund.

Battleford Corp.is in the processes of setting up a system to manage its social responsibility program.What should they do first?

The fair-trade movement is designed to level the playing field with respect to trade between developing and developed countries.

Bruce padded his expense account.When confronted by his boss,he defended his actions on the grounds that the company's system for reimbursing expenses did not recognize all the expenses that salespeople incurred,and he was solving that problem by asking for expenses that he actually incurred.This is an example of the "pressure" factor that has been found to be important in explaining why unethical behaviour occurs.

All of the following groups are organizational stakeholders except

Triple bottom line reporting means measuring the finance,marketing,and production performance of a company.

Yorkton Electric has taken an accommodative stance towards social responsibility.This means that

The Canadian Competition Bureau investigated possible ________ of bread by Loblaws,Sobeys and Metro.

How do organizations exercise social responsibility toward the environment?

What is the difference between "ethics" and "business ethics"?

Wilson Products installed a low-quality fire alarm in its facility in compliance with local regulations.The owner stated,"We've never had a fire and we don't actually need such a system,but I am forced to install it because of local regulations.I therefore didn't want to pay too much for the system." Which of the following stances toward social responsibility is evident here?

Social return on investment (SROI)helps companies to

Who is an individual who calls attention to an unethical,illegal and/or socially irresponsible practice on the part of a business or other organization?

Publication of a company's code of ethics ensures that employees will perform their duties in an ethical manner.

Organizational stakeholders are those groups,individuals,and organizations that are directly affected by the practices of an organization and that therefore have a stake in its performance.

The Personal Information Protection and Electronic Documents Act (PIPEDA)requires organizations to collect certain information about employees and report that information to the federal government.

Jeremiah wants to determine whether an action taken by one of his subordinates is ethical or unethical.He has already gathered the relevant facts about the case.The next thing he should do is to determine the most appropriate moral values.

What is price fixing?