Exam 4: Business Ethics and Social Responsibility: Doing Well by Doing Good
Exam 1: Business Now: Change Is the Only Constant51 Questions
Exam 2: Economics: The Framework for Business51 Questions
Exam 3: The World Marketplace: Business Without Borders50 Questions
Exam 4: Business Ethics and Social Responsibility: Doing Well by Doing Good50 Questions
Exam 5: Business Communication: Creating and Delivering Messages that Matter50 Questions
Exam 6: Business Formation: Choosing the Form that Fits50 Questions
Exam 7: Small Business and Entrepreneurship: Economic Rocket Fuel50 Questions
Exam 8: Accounting: Decision Making by the Numbers50 Questions
Exam 9: Finance: Acquiring and Using Funds to Maximize Value52 Questions
Exam 10: Financial Markets: Allocating Financial Resources50 Questions
Exam 11: Marketing: Building Profitable Customer Connections50 Questions
Exam 12: Product and Promotion: Creating and Communicating Value50 Questions
Exam 13: Distribution and Pricing: Right Product, Right Person, Right Place, Right Price50 Questions
Exam 14: Management, Motivation and Leadership: Bringing Business to Life50 Questions
Exam 15: Human Resources Management: Building a Top Quality Workforce50 Questions
Exam 16: Managing Information and Technology: Finding New Ways to Learn and Link50 Questions
Exam 17: Operations Management: Putting It All Together50 Questions
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The nonprofit, nonpartisan Character Counts organization has worked with educators, community leaders, and experts to establish a set of:
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A
How do businesses around the globe monitor ethics and social responsibility?
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Many firms are monitoring their firm's ethics and social responsibility. The process is called a social audit, which is a systematic evaluation of how well a firm is meeting its ethics and social responsibility objectives. Establishing goals is the starting point for a social audit, but the next step is to determine how to measure the achievement of those goals, and measurement can be a bit tricky. As You Sow, an organization dedicated to promoting corporate social responsibility, recommends that companies measure their success by evaluating a "double bottom line," one that accounts for traditional financial indicators, such as earnings, and one that accounts for social-responsibility indicators, such as community involvement.
Which of the following is the purpose of a written code of ethics?
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Consumerism is a widely accepted social movement. Proponents of this movement believe that _____ is a right of all consumers.
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Research from the Ethics Resource Center (ERC)indicates that organizational culture:
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_____ includes all business donations to nonprofit groups, including both money and products.
(Multiple Choice)
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Which of the following actions best demonstrates the practice of corporate responsibility?
(Multiple Choice)
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The Sarbanes-Oxley Act requires that CEOs and financial officers personally certify the validity of their financial statements.
(True/False)
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The best employers do not go beyond the law when it comes to providing a good working environment to employees.
(True/False)
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________ is the strategy of deliberately designing products to fail in order to shorten the time between purchases.
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Every year, the members of the managing committee at Willem Inc.systematically evaluate how well the firm meets its ethics and corporate responsibility objectives. This process is referred to as a(n)_____.
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Personal needs, culture, and the family of an individual influence his or her ethical choices.
(True/False)
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Describe how to create and maintain an ethical organization as per the research done by the Ethics Resource Center.
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Which of the following is the starting point of a social audit?
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The view a firm has on social responsibility can influence the way its employees make decisions.
(True/False)
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Which of the following is a duty of a socially responsible organization toward customers?
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