Exam 4: Business Ethics Social Responsibility: Doing Well by Doing Good

Corporate etiquette is the obligation of a business to contribute to society.

The number-one goal of any business is to contribute to society.

Alfred, a human resource manager at an IT firm, reasons, "Although everyone should be given an equal opportunity, but for once it is fine to give my friend the first shot at the opening in my company because I know he really needs the job." In this context, which of the following statements is most likely true of Alfred?

Transparency International, a leading anticorruption organization, published its yearly index of "perceived corruption" across 168 countries in 2015. Its findings showed that:

In the context of globalization, one of the most challenging issues faced by companies and individuals that are involved in international business is _____.

Which of the following statements is true of codes of conduct?

Spacein, a hard drive manufacturer, is accused of deliberately creating flaws in its product design. News reports hint that the company has been doing this for years to reduce the time between consumer repurchases. In the context of social responsibility, Spacein has been accused of _____.

In the context of social responsibility, which of the following statements is true of benefit corporations?

Stakeholders refer to groups of people who have a malicious intent toward an organization and who often resort to harmful actions.

Which of the following statements is true of ethics?