Question 1

Employees and stakeholders of a company are required to follow their company's code of ethics strictly.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following steps is the immediate next stage in making ethical behavior sustainable for a company after it hires an ethics officer?

Accepted Answer

A) Monitoring the ethical behavior of its employees continuously as the company grows 
B) Producing and distributing a company code of conduct among its employees 
C) Celebrating and rewarding the ethical behavior demonstrated by its employees 
D) Supporting the code of ethics with extensive training for every member of the organization 
A) Monitoring the ethical behavior of its employees continuously as the company grows 
B) Producing and distributing a company code of conduct among its employees 
C) Celebrating and rewarding the ethical behavior demonstrated by its employees 
D) Supporting the code of ethics with extensive training for every member of the organization

Question 3

A well-written code of ethics can establish a detailed guide to acceptable behavior.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following actions is most likely to lead to the promotion of an organization's commitment to ethical behavior?

Accepted Answer

A) Sharing the organization's success stories exclusively with its employees 
B) Responding to errors related to transactions after the clients approach the organization 
C) Limiting the participation in Ethics Day celebrations solely to the employees 
D) Allowing employees to visit client sites to talk about the organization's code of ethics 
A) Sharing the organization's success stories exclusively with its employees 
B) Responding to errors related to transactions after the clients approach the organization 
C) Limiting the participation in Ethics Day celebrations solely to the employees 
D) Allowing employees to visit client sites to talk about the organization's code of ethics

Question 5

Policies that result when organizations are driven by events and/or a fear of future events are called _____.

Accepted Answer

reactive e

Question 6

Differentiate between reactive and proactive ethical policies.

Accepted Answer

A reactive ethical policy results when o

Question 7

Which of the following statements is a piece of advice from the Institute of Business Ethics for creating a code of ethics?

Accepted Answer

A) The company's competitors should be completely ignored when framing the code of ethics. 
B) The involvement of external parties should be avoided during the creation of drafts. 
C) The code should be publicly shared on platforms associated with the company. 
D) The code should be tested on a sample consisting solely of top managerial employees. 
A) The company's competitors should be completely ignored when framing the code of ethics. 
B) The involvement of external parties should be avoided during the creation of drafts. 
C) The code should be publicly shared on platforms associated with the company. 
D) The code should be tested on a sample consisting solely of top managerial employees.

Question 8

Some of the employees, including the top managers and the board of directors, of Warburges Inc. have been in the news lately for accepting bribes and using corporate resources for personal expenses. Which of the following characteristics did the firm fail to demonstrate?

Accepted Answer

A) Vicarious liability 
B) Ethical relativism 
C) Organizational integrity 
D) Corporate governance 
A) Vicarious liability 
B) Ethical relativism 
C) Organizational integrity 
D) Corporate governance

Question 9

Discuss organizational integrity.

Accepted Answer

Organizational integrity describes the c

Question 10

Smaller companies need to include their code of ethics as part of any strategic planning exercise to make sure it is as up to date as possible.

Accepted Answer

A) True 
 B)False

Question 11

A well-written code of ethics can capture what an organization understands ethical behavior to mean.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following statements is most likely to be true of an organization's code of ethics?

Accepted Answer

A) There are a few perfect models for a code of ethics. 
B) The audience for a code of ethics includes only the shareholders of an organization. 
C) The code of ethics of an organization captures every possible event from each department. 
D) The code of ethics is written for the employees of an organization, and the stakeholders are not required to follow it. 
A) There are a few perfect models for a code of ethics. 
B) The audience for a code of ethics includes only the shareholders of an organization. 
C) The code of ethics of an organization captures every possible event from each department. 
D) The code of ethics is written for the employees of an organization, and the stakeholders are not required to follow it.

Question 13

Walter Warburg & Co., a new investment banking firm, has dismissed the idea of establishing a code of ethics for its employees. Which of the following consequences is most likely to take place as a result of this decision?

Accepted Answer

A) It can now clearly state policies for behavior in specific situations. 
B) It can capture distinctly what the organization understands ethical behavior to mean. 
C) It will not be allowed to operate, as having a written code of ethics is mandatory in every organization. 
D) It cannot document punishments for the violation of ethical policies. 
A) It can now clearly state policies for behavior in specific situations. 
B) It can capture distinctly what the organization understands ethical behavior to mean. 
C) It will not be allowed to operate, as having a written code of ethics is mandatory in every organization. 
D) It cannot document punishments for the violation of ethical policies.

Question 14

It is important to establish an extensive training program to support the published code of ethics of a company.

Accepted Answer

A) True 
 B)False

Question 15

According to the Institute of Business Ethics, an organization should create an original model and not pick a well-tested model while creating a code of ethics.

Accepted Answer

A) True 
 B)False

Question 16

Proactive ethical policies of an organization are the policies that result when it is driven by events and/or a fear of future events.

Accepted Answer

A) True 
 B)False

Question 17

There is no perfect model for a code of ethics.

Accepted Answer

A) True 
 B)False

Question 18

Reactive ethical policies of a company are the policies that result when it develops a clear sense of what it stands for as an ethical organization.

Accepted Answer

A) True 
 B)False

Question 19

Downerz Enterprises (DE) has been in the news for fraud by one its directors. As a result, the trustees of DE have appointed a new director who has established a strict code of ethics. He has announced extensive training for every member of the organization. An ethics officer has also been hired by DE. Which of the following steps is most likely to be taken next by the new director to maintain ethical behavior in the organization?

Accepted Answer

A) Publish the code of conduct and send it to all its stakeholders. 
B) Promote DE's commitment to ethical behavior. 
C) Celebrate and reward the ethical behavior demonstrated by its employees. 
D) Support the code of ethics with extensive training for the senior managers of the organization. 
A) Publish the code of conduct and send it to all its stakeholders. 
B) Promote DE's commitment to ethical behavior. 
C) Celebrate and reward the ethical behavior demonstrated by its employees. 
D) Support the code of ethics with extensive training for the senior managers of the organization.

Question 20

Since the code of ethics cannot capture every possible example, each department of an organization should apply the code to examples that arise in its area.

Accepted Answer

A) True 
 B)False

Employees and stakeholders of a company are required to follow their company's code of ethics strictly.

Which of the following steps is the immediate next stage in making ethical behavior sustainable for a company after it hires an ethics officer?

A well-written code of ethics can establish a detailed guide to acceptable behavior.

Which of the following actions is most likely to lead to the promotion of an organization's commitment to ethical behavior?

Policies that result when organizations are driven by events and/or a fear of future events are called _____.

Differentiate between reactive and proactive ethical policies.

Which of the following statements is a piece of advice from the Institute of Business Ethics for creating a code of ethics?

Some of the employees, including the top managers and the board of directors, of Warburges Inc. have been in the news lately for accepting bribes and using corporate resources for personal expenses. Which of the following characteristics did the firm fail to demonstrate?

Discuss organizational integrity.

Smaller companies need to include their code of ethics as part of any strategic planning exercise to make sure it is as up to date as possible.

A well-written code of ethics can capture what an organization understands ethical behavior to mean.

Which of the following statements is most likely to be true of an organization's code of ethics?

Walter Warburg & Co., a new investment banking firm, has dismissed the idea of establishing a code of ethics for its employees. Which of the following consequences is most likely to take place as a result of this decision?

It is important to establish an extensive training program to support the published code of ethics of a company.

According to the Institute of Business Ethics, an organization should create an original model and not pick a well-tested model while creating a code of ethics.

Proactive ethical policies of an organization are the policies that result when it is driven by events and/or a fear of future events.

There is no perfect model for a code of ethics.

Reactive ethical policies of a company are the policies that result when it develops a clear sense of what it stands for as an ethical organization.

Since the code of ethics cannot capture every possible example, each department of an organization should apply the code to examples that arise in its area.

Understanding Ethics

Defining Business Ethics

Organizational Ethics

Corporate Social Responsibility

Corporate Governance

The Role of Government

Blowing the Whistle

Ethics and Technology

Ethics and Globalization

Filters

Exam 10: Making It Stick: Doing Whats Right in a Competitive Market

Employees and stakeholders of a company are required to follow their company's code of ethics strictly.

Which of the following steps is the immediate next stage in making ethical behavior sustainable for a company after it hires an ethics officer?

A well-written code of ethics can establish a detailed guide to acceptable behavior.

Which of the following actions is most likely to lead to the promotion of an organization's commitment to ethical behavior?

Policies that result when organizations are driven by events and/or a fear of future events are called _____.

Differentiate between reactive and proactive ethical policies.

Which of the following statements is a piece of advice from the Institute of Business Ethics for creating a code of ethics?

Some of the employees, including the top managers and the board of directors, of Warburges Inc. have been in the news lately for accepting bribes and using corporate resources for personal expenses. Which of the following characteristics did the firm fail to demonstrate?

Discuss organizational integrity.

Smaller companies need to include their code of ethics as part of any strategic planning exercise to make sure it is as up to date as possible.

A well-written code of ethics can capture what an organization understands ethical behavior to mean.

Which of the following statements is most likely to be true of an organization's code of ethics?

Walter Warburg & Co., a new investment banking firm, has dismissed the idea of establishing a code of ethics for its employees. Which of the following consequences is most likely to take place as a result of this decision?

It is important to establish an extensive training program to support the published code of ethics of a company.

According to the Institute of Business Ethics, an organization should create an original model and not pick a well-tested model while creating a code of ethics.

Proactive ethical policies of an organization are the policies that result when it is driven by events and/or a fear of future events.

There is no perfect model for a code of ethics.

Reactive ethical policies of a company are the policies that result when it develops a clear sense of what it stands for as an ethical organization.

Since the code of ethics cannot capture every possible example, each department of an organization should apply the code to examples that arise in its area.

Understanding Ethics

Defining Business Ethics

Organizational Ethics

Corporate Social Responsibility

Corporate Governance

The Role of Government

Blowing the Whistle

Ethics and Technology

Ethics and Globalization

Filters