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

Universal ethical standards apply to everyone across a broad spectrum of situations.

_____ is the obligation of a business to contribute to society.

Paying non­living wages to workers in developing countries is _____.​

An individual's ethical beliefs are influenced by his or her social group and culture.

Establish expectations for ethical behavior at all levels of the organization

The Rogerdam Motor Company has created a new vehicle, the Acxil. However, once the vehicle's 60,000­mile warranty ends, the vehicle will begin to experience mechanical problems­generating more service income for the company. This behavior is:

Carbon footprint refers to the amount of harmful greenhouse gases that a firm emits throughout its operations, both directly and indirectly.

The starting point for all socially responsible employers is to create jobs.

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Which of the following illustrates a true ethical dilemma?

A person who reports illegal or unethical behavior within an organization is known as a(n) _____.

The most socially responsible companies establish codes of conduct for their vendors, setting clear policies for human rights, wages, safety, and environmental impact.

Corporate _____ includes all business donations to nonprofit groups, including both money and products.

Iris has been told by her boss that the company is planning to lay off some people and that only one employee in her department will be retained. In order to keep her job, Iris has to sabotage the professional image and good work of her colleagues or she will be laid off. This situation is an example of _____.

Temhei sdsiiroencst . emissions produced by corporate operations are called _____

The Foreign Corrupt Practices Act ensures that U.S. businesses are protected from overcharges by international suppliers for their work and services.

In an effort to embrace _____, a large community college system recently built a new "green" campus. Its facilities were designed and constructed to use energy and water more efficiently in order to conserve the environment and its resources for future generations.

When businesses make mistakes, apologizing to consumers won't guarantee renewed sales, but an apology can definitely restore a company's reputation.

A social audit is an evaluation to measure the level of unethical practices a company is involved in to earn profit.

Which of the following is a duty of socially responsible organizations toward customers?