Exam 12: Establishing a Code of Ethics and Ethical Guidelines

When was the date of the original corporate code of ethics introduced by J. C. Penney

The _____________ is an international network of business leaders who are committed to promoting the concept of moral capitalism.

Deloitte recommends a standard format for a code of ethics. What is the first part of the code?

A code of ethics is valuable to a firm only if the employees believe in the code and the code has a direct impact on their actions within the firm.

The code of ethics of a firm represents the identification and interpretation of what the firm considers acceptable behavior.

______ is one of the most common mistakes that companies make when developing Global Ethics Programs.

Why should a code of ethics be put into writing regardless of the size of the business?:

Which of the following is not a component of the Caux Round Table Principles?

The three major stages of the TRM system are unfreezing, moving, and refreezing.

In a short essay, list and discuss the three major stages of the Total Responsibility Management system.

In the opening case "How We're Fixing Up Tyco," what did Tyco do to re-create its image?

Total Responsibility Management starts with the premise that the vision of the firm drives the development of the code of ethics.

All of the following are considered critical elements of a good ethics program except

Which of the following organizations published a comprehensive code of ethics but did not carry them out?

Section 406 of the Sarbanes-Oxley Act of 2002 requires that companies that are publicly traded disclose whether or not they have a code of ethics.

The annual report of the firm is an element of the Living Code of Ethics.

It is important to put a code of ethics into writing regardless of the size of the business because it helps stakeholders know which behaviors are acceptable and which are not.

Kyosei is defined as the ability to live and work together for the common good that allows for mutual prosperity through cooperation.

A(n) _____________ can be defined as a written document that explicitly states what acceptable and unacceptable behaviors are for all of the employees in an organization.

All of the following are mentioned in the text as types of statements that a corporation may adopt to communicate the corporation's view of the subject of ethics except