Exam 3: Conducting Business Ethically and Responsibly

The president of a company has paid himself a large salary, a handsome bonus, received a large number of lucrative stock options, and hired his family members at high salaries. The president is probably guilty of

Which of the following is correct with regard to managerial ethics?

Hi-Fly, Inc. was accused of discharging residue from its production processes into a nearby pond on the company's premises. When challenged about this, the owner said, "We own the pond, and we can do whatever we want on our private property." Which of the following approaches to social responsibility does this attitude indicate?

Which of the following is correct regarding global warming?

What practical dilemma is evident with regard to the practice of monitoring employees while they are at work?

To show the company's desire for employee ethical behaviour, many business firms have established

Sam has decided to apply the three-step model to help him decide whether a business decision he is thinking about making is ethical or unethical. What should he do first?

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 factual information about the case. The next thing he should do is to determine the most appropriate moral values.

How do organizations exercise social responsibility toward customers?

McDonald's established Ronald McDonald House to provide lodging for families of children who are hospitalized away from home. This approach to social responsibility would best be classified as a(n)

In a socially responsible company, whistle-blowers can report their findings to higher level managers without fear of retaliation by other members of the organization.

Sam has noticed that the safety mechanism on the piece of equipment that he operates is not working. After repeatedly telling management about the defect but getting no response, he decides to report it to the provincial agency responsible for workplace safety. This is an example of

Mandex Corporation has a history of covering up mistakes that are made by its employees rather than fixing the mistakes. This company is taking a(n) ________ approach to social responsibility.

What is the motivation behind the fair trade movement? How has it affected the way some companies operate?

In Venezuela, the term "jeitinho" refers to strict adherence to bureaucratic rules so that a person does not get in trouble with the government.

A manager who discriminates against any ethnic minority in hiring exhibits behaviour that is

Executives at MKD Transportation have just been contacted by the media with a report that one of their ships is leaking an oily substance off the coast of Belize. If MKD adopts an obstructionist stance, how will the company respond to this media report?

There is general agreement that workers shouldn't damage the reputation of the company they work for, and there is consensus about what constitutes going "too far" when posting criticisms of the company on social media.

Business firms can show their social responsibility toward employees by providing a safe workplace that provides equal employment opportunities and is free of harassment.