Exam 2: Ethics and Social Responsibility: Doing the Right Thing

What managers and owners say is more important in determining employee ethical behavior than what they do.

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?

Stockholders are the various groups and individuals who affect and are affected by a business.

A company's suppliers are:

Social responsibility is the awareness by a company's managers of the social,environmental,political,human,and financial consequences their actions produce.

E.F.Hutton and Co.was convicted of the violation of kiting laws.Check kiting is an illegal practice involving the writing checks against money that has not arrived at the bank on which the check is drawn.Doing this violated their business responsibility in terms of:

What are the small business owner's responsibilities to his/her investors and community?

Companies can avoid drug and other related problems by including several key elements in the company drug program,such as:

The United States Supreme Court changed the nature of an employer's liability for sexual harassment,accepting the previous standard that the employer had to be negligent somehow to be liable for a supervisor's improper behavior toward employees.

One of the best ways to identify your own cultural biases is to get exposure to people who are like you.

A key determinant of ethical behavior is:

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

When a sexual harassment complaint is made,the company should not inform the accused until the complaint has been thoroughly investigated.

Cultural diversity in the small business brings several benefits to its owner,including:

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

The ethical standards test of ethical behavior in businesses that prioritizes acting in such a way that the action taken under the circumstances could be a universal law or rule of behavior is called:

Ethical behavior is concerned with doing things "right."

The advertisement and resulting product,"A psychically energized weight loss program," which turned out to be a book on how to achieve a positive mental attitude,violates which responsibility to the customer?

Companies do not have an ethical obligation to inform consumers regarding their products.

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