Exam 3: Ethics in Business

Interface,a carpet manufacturer,produced a product called COOL carpet and,from its manufacture through its delivery,the carbon dioxide emissions over the full life cycle of the carpet are offset.What does this mean?

Patricia often acts without thinking of the consequences.She usually comes home late and even skips her turn to do household chores.When someone asks her if she thinks what she does is right or wrong,she says she doesn't really know and she doesn't really care.Patricia's behavior can be classified as ________.

What are some of the ethical issues global businesses face,and what strategies can help them address those issues?

Situational ethics encourages people to ________.

When the Nobel Prize-winning economist Milton Friedman said,"Asking a corporation to be socially responsible makes no more sense than asking a building to be," what did he mean?

What does it mean when a firm goes "green"?

Situational ethics was considered very controversial when it was established by Joseph Fletcher because it challenged the idea that ________.

A business can improve its culture of ethics by ensuring that a strict code of ethics and a meaningful and current mission statement is in place and that both are clearly communicated to employees when they start working at an organization.

When a community gives Walmart subsidies to attract them to the area and then the workers are paid so poorly that they have to apply for public assistance,this is an example of the failure of which of the pillars of corporate social responsibility?

What other types of organizations,in addition to businesses,need to be concerned about ethics?

The Bill and Melinda Gates Foundation work to upgrade public access to technology has had a positive impact on the public perception of Microsoft.

United States companies that locate their operations in less developed parts of the world are required to enforce U.S.standards regarding child labor,pollution,fair wages,and human rights.

Moral relativism is a perspective that holds that there is a universal moral truth that is modified by individuals to suit differing circumstances.

Which of the following best defines the essential task of self-reporting?

What is sustainability?

When Shell Oil works toward reducing emissions of nitrous oxide and sulfur dioxide from its facilities,this is NOT an example of which of the following pillars of corporate social responsibility?

It is ethically unadvisable to create a hotline for employees to anonymously report violations of the ethics code and make sure the allegations are followed up on.

A common strategy for companies recovering from scandals is to replace the CEO with someone who is regarded as trustworthy and ethical by the public.