Exam 21: Ethics and Social Responsibility: Doing the Right Thing

An entrepreneur's ________ and ________ influence the way she leads her firm through every decision that is made;every policy written;and every action taken.

If your ethical conduct is based on treating other people the way you expect them to treat you,you are using:

Which of the following statement is correct?

To cope successfully with the many ethical decisions they face,entrepreneurs must develop a workable ________ framework to guide themselves and the organization.

What are the small business's responsibilities to its customers?

In terms of ethical behavior,the law merely establishes the minimum standard of behavior.

Barker Industries makes an annual donation of $100,000 to local charities,and allows its top managers leaves of absence to serve charities involved in community service.What area of social responsibility is Barker demonstrating?

The policies and procedures concerning ethical behavior in an organization serve as specific guidelines for people as they make daily decisions.

The four-step process for developing an ethical framework is very similar to the process for problem-solving in business.

"Everybody does it." is an example of:

________ is any unwelcome sexual advance,request for sexual favors,and other verbal or physical sexual conduct made explicitly or implicitly as a condition of employment.

What are the benefits of moral management?

One of the best ways to evaluate the effectiveness of an ethics system is to perform periodic audits.

When there does not exist a positive organizational culture which stresses ethical behavior regardless of consequences employees may respond to feelings of pressure and compromise personal ethical standards to ensure that a contract is not lost or that a project is completed on time.

The entrepreneur can implement and maintain ethical standards by:

Robin works hard at acting on principle and conviction and striving to do the honorable thing.Robin is guided by the ethical principle of:

Business ethics consist of the fundamental moral values and behavioral standards that form the foundation for the people of an organization as they make decisions and interact with stakeholders.

One of the policies of sexual harassment is to do not sanctions and penalties for engaging in harassment.

AIDS is considered to be a "handicap," and AIDS-infected employees are protected against discrimination by the Americans with Disabilities Act.

What are a business's responsibilities to its employees? Briefly outline and explain each.