Exam 2: Acting Ethically and Socially Responsible

Thomas Park is interviewing for a job with Hyper Group. Kristin Ortega, the hiring manager, explains that Hyper Group insists on ethical behavior and corporate social responsibility. "Our commitment to ethics and CSR benefits our customers and our community," she tells Park. Park is interested in the job in part because he realizes that, if he is hired, Hyper Group's commitment is also likely to

Theterm value refers to a temporary feeling that helps determine people's behavior.

A big company that helps small nonprofit firms working to make a difference in antipoverty, literacy, and the environment by providing them with small loans is an example of

What is one way the Sarbanes-Oxley Act protects employees who report organizational misconduct?

A company's annual report is its stated position on political and social issues.

Teresa Padilla is a manager for a small software start-up company, Provantix. To keep up employee morale while the company struggles to grow, she decides to start a new activity of encouraging each employee to contribute a small amount of money to a pool. When employees have a personal financial need, they can borrow money from the pool. These micro loans are an example of social entrepreneurship. Another example of social entrepreneurship is when a company

A values-based ethics code attempts to prevent criminal misconduct by increasing control and by punishing violators.

Organizing a ________ is one way for managers to support high ethical standards.

608 Entertainment wants to evaluate its social performance and hires a consultant to help. Assist the consultant by describing at least three areas that should be considered during their evaluation of 608 Entertainment.

A concern for taking actions that will benefit society as well as the organization is known as corporate strategy.

Corporate social responsibility is a concern for

A clerk deciding to steal office supplies because managers are using the company jet for personal vacation travel is an example of the importance of a company having managers who support a strong ethical climate.

A(n) ________ is an employee who integrates the organization's ethics and values initiatives, compliance activities, and business conduct practices into the company's decision-making processes.

A company's reputation for honesty and corporate citizenship will improve its profitability.

Justin Kihana is a hiring manager for Connect, a new social media platform. Connect's customer information is highly confidential, and the company does not share this information with competitors or the general public. Kihana routinely asks new employees to sign nondisclosure agreements. Kihana's action demonstrates that Connect

Abigail Airitam is the ethics officer for Puppy Love, a manufacturer of dog treats. The company has the charitable goals of donating food and supplies to a local homeless shelter, as well as volunteering to bring homeless dogs to shelters to interact with the residents. Airitam is looking into how well Puppy Love is meeting these target goals, a process known as a

"It takes ten years to build up your company's reputation, but only ten seconds for you to lose it." Investor Warren Buffett's comment applies to the way illegal and unethical behavior can

A key area of a social audit known as ________ involves evaluating whether a company's economic development meets present needs without endangering the ability of future generations to meet their own needs.

Julian takes used office supplies from his employer and donates them to underprivileged schools and youth groups in his community. This action can bebest described as

A compliance-based ethics code attempts to foster responsible employee conduct by creating an environment that supports ethically desirable behavior.