Exam 12: Establishing a Code of Ethics and Ethical Guidelines

Which of the following is NOT mentioned in the text as a reason a code of ethics might be adopted?

______________ is a key element of the United Nations Global Impact Principles.

W. Edwards Deming set out 14 points in his definition of quality in the firm. Many of these points are related to ethical concepts. All of the following form part of the definition except ______.

When considering the organizational components of the Living Code of Ethics, ______ must integrate with living code of ethics in the day-to-day operations of the firm.

The ___________ was based on a challenge by former Secretary-General of the United Nations Kofi Annan for businesses to adopt universal environmental and social principles.

In a short essay, describe the main elements of a Living Code of Ethics.

In a short essay, list six components of a code of conduct for financial institutions according to the publication "Corporate Codes of Conduct: Guidance to Implementing an Effective Ethics Program."

Presenting the firm's commitment to unbiased and good-faith interactions with its stakeholders is called ____________.

In a short essay, list and discuss common mistakes that companies make when developing global ethics programs.

Which of the following is a statement that sets forth a company's beliefs and responsibilities to stakeholders?

MetLife has a comprehensive code of business conduct and ethics. ______ are responsible for "reading, understanding, and adhering" to the code.

In a short essay, list and discuss the four types of statements that a corporation may adopt to communicate the corporation's view of the subject of ethics.

All of the following are ethical values a firm should consider when developing and/or modifying a code of ethics except

The four ethical values that firms should consider when developing and/or modifying a code of ethics are integrity, justice, competence, and utility.

General Electric in 2010 published its Citizenship Report titled ______.

A (n) ______________ is a succinct document that is intended to set out the guiding principles of a company.

During the _____________, a firm identifies the establishment of its ethical leadership commitment as well as establishes the vision-setting process.

Waddock and Bodwell developed the Total Responsibility Management concept based on Deming's TQM. Which of the following is not one of the elements?

Which of the following organizations is not involved in developing a Global Code of Ethics?

The UN Global Impact was established in January 1999 based on a challenge by former Secretary-General of the United Nations Kofi Annan for businesses to adopt universal environmental and social principles.