Exam 3: The Managers Changing Work Environment and Ethical Responsibilities: Doing the Right Thing

Economic forces consist of the general economic conditions and trends like unemployment, inflation, interest rates, and economic growth that may affect an organization's performance.

Human resource professionals indicate that when their organizations offer ethics training using a case approach to present employees with ethical dilemmas by clarifying expectations, this kind of training may reduce unethical behavior.

With recent reports of identity theft, Mr. Jones, the CEO of a construction company, is concerned about his employees' privacy, and because of recent accidents on the job, he is also worried about the safety of his workers. Mr. Jones's concerns with privacy and health and safety are outlined in the _____ approach to deciding ethical dilemmas.

ABC Brothers' cleaning products and equipment are sold to consumers and commercial cleaning companies in Best Supply's janitorial supply and equipment store. ABC relies heavily on Best Supply to help sell its goods and services to customers. Best Supply is a(n) ____ for ABC Brothers' products.

Companies screen out dishonest, irresponsible workers after they are hired by checking employees' résumé and references.

Ole McDonald, a successful farm equipment supply company in the Midwest, joined with A-Plus Supply, a national hardware and home retailer, so Ole McDonald can open stores in other regions and A-Plus can now offer a high-quality product in the farm community. This is an example of a ___ relationship.

Sustainability is economic development that ____.

If a community gives a company tax breaks in return for the promise of new jobs and the firm fails to deliver, rescinding those tax breaks when firms don't deliver promised jobs are known as cutbacks.

Distributors can be quite important because in some industries there is not a lot of competition, so the distributor has a lot of power in setting the price of the product.

Summarize the Sarbanes-Oxley Act of 2002 and describe the mandates it placed on organizations.