Exam 5: Organizational Ethics and the Law

The majority of large U.S. corporations do not have codes of ethics.

Recipients of the corporate ethics awards show that:

Managers, as major decision-makers, are one of the keys to whether a company will act ethically or unethically.

In a benevolence ethical climate, the interests of the company's employees and external stakeholders most likely would be given high priority.

Iceland and Sweden are two countries that are least likely to be subjected to bribery.

Define bribery. Explain why certain countries are less likely to participate in such acts.

Illegal acts committed by employees, such as fraud and insider trading, are called blue-collar crime.

Construct a comprehensive ethics program using four of the six ethical safeguards identified in the textbook.

In the United States, most ethics policies are primarily based on the company's mission and vision.

One of the most widespread and potentially powerful efforts to combat bribery was initiated by:

It is impossible for multiple ethical climates to exist within one organization.

Business managers need a set of ethical guidelines to help them:

Define law. Discuss the differences between law and ethics.

In most companies, a moral atmosphere cannot be detected.

The International Accounting Standards are essential for:

Personal values and moral character play key roles in improving a company's ethical performance.

Which of the following is not an example of a white-collar crime?

Which of the following is not an example of an ethical criterion?

A giant step is taken toward improving ethical performance throughout the company when:

Ethics reporting mechanisms have been: