Exam 3: Conducting Business Ethically and Responsibly

A poll of 12 000 people in 11 different countries revealed that ________ percent of those polled were willing to spend extra money to fight climate change.

Cartier Partners Financial Services Inc.provides the local swim team with a cash donation to help pay for the swim meet each year,but the team has to make its case to the company each year.Cartier's stance to social responsibility is

Europol's Criminal Finances and Technology section estimates that up to 90 percent of all carbon market volume in certain EU nations is fraudulent.

The fundamental goal of sustainable development is to

Counterfeiting is harmful to companies that have spent a lot of time and money developing brand name goods for sale,but it is beneficial for consumers because they get lower prices for products like counterfeit motorcycles and pharmaceuticals.

Air Canada sued WestJet,claiming that WestJet had accessed an Air Canada website that contained confidential information.What was the outcome of the lawsuit?

Which of the following illustrates consumers' rights to safe products?

Because the CEO of Xanadu Corp.believes very strongly that the purpose of a business firm is to make as much money as possible as long as it doesn't break the law while doing so,she reflects the view called managerial capitalism.

Are ethics influenced by a business firm's policies? Are business firms influenced by a person's ethical values? Explain.

List four ethical norms.

John is a manager who pays workers less than what they deserve because he knows they are afraid to lose their job.John's behaviour is illegal.

Lance owns a small business where he sells his own paintings.He really wants to help aspiring artists,but hasn't assisted very many of them to this point.What is the MOST likely reason for this?

Because Joan owns a small company,the concept of socially responsible behaviour does not apply to her.

The view that business should balance its commitments to the stakeholders in its environment is known as

The proactive stance is adopted by firms that actively seek opportunities to contribute to the well-being of society.

Organizational stakeholders are those groups,individuals,and organizations that are directly affected by the practices of an organization and that therefore have a stake in its performance.

"The only way recycling will ever work is if customers demand it and are willing to pay the higher prices for it." Agree or disagree with this statement,and support your position.

To show the company's desire for ethical behaviour by its employees,many business firms have established

Which of the following is an example of a company acting irresponsibly toward its investors?

Approximately ____ of Canadian firms have codes of ethics,while approximately _______ of U.S.firms have them.