Question 1

How can managers establish and maintain ethical principles into their companies?

Accepted Answer

A small business manager can maintain hi

Question 2

A code of ethics is a written statement of the standards of behavior and ethical principles a company expects from its employees.

Accepted Answer

A) True 
 B)False

Question 3

Over the past few decades,business leaders have,in general,become more proactive in terms of implementing the organizational characteristics of:

Accepted Answer

A) moral management. 
B) amoral management. 
C) immoral management. 
D) ethical norms. 
A) moral management. 
B) amoral management. 
C) immoral management. 
D) ethical norms.

Question 4

The majority of small companies realize they have as big a drug problem with their employees as larger companies do.

Accepted Answer

A) True 
 B)False

Question 5

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

Accepted Answer

A) True 
 B)False

Question 6

The starting point for managing diversity is learning your own biases and prejudices.

Accepted Answer

A) True 
 B)False

Question 7

Progressive companies are taking their environmental policies a step further,creating redesigned,"clean" manufacturing systems that focus on avoiding waste and pollution.

Accepted Answer

A) True 
 B)False

Question 8

Managing diversity in the workforce means managers need to:

Accepted Answer

A) hire more minorities and fewer non-minorities. 
B) create an environment in which all types of workers can flourish. 
C) establish affirmative action programs. 
D) strive for more homogeneity in the workforce. 
A) hire more minorities and fewer non-minorities. 
B) create an environment in which all types of workers can flourish. 
C) establish affirmative action programs. 
D) strive for more homogeneity in the workforce.

Question 9

Perhaps the best way to deal with the environmental challenges we face would be to:

Accepted Answer

A) create redesigned,"clean" manufacturing systems. 
B) conduct corporate education programs on the issues for employees. 
C) revert society to a simpler,more environmentally friendly economy. 
D) enhance efforts at recycling existing waste. 
A) create redesigned,"clean" manufacturing systems. 
B) conduct corporate education programs on the issues for employees. 
C) revert society to a simpler,more environmentally friendly economy. 
D) enhance efforts at recycling existing waste.

Question 10

In terms of social responsibility to the consumer,consumers have a right to be heard by the company.

Accepted Answer

A) True 
 B)False

Question 11

The only way to achieve diversity in the small business is to let it take care of itself as society increases in diversity.

Accepted Answer

A) True 
 B)False

Question 12

When dealing with AIDS in the workplace,small business owners should:

Accepted Answer

A) treat AIDS-positive employees as they would any other employees with life threatening illnesses. 
B) make certain their employment policies comply with local regulations but not worry about federal regulations. 
C) require HIV screening as part of the hiring process. 
D) inform all employees when someone tests HIV positive. 
A) treat AIDS-positive employees as they would any other employees with life threatening illnesses. 
B) make certain their employment policies comply with local regulations but not worry about federal regulations. 
C) require HIV screening as part of the hiring process. 
D) inform all employees when someone tests HIV positive.

Question 13

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

Accepted Answer

A) honesty. 
B) integrity. 
C) fidelity. 
D) fairness. 
A) honesty. 
B) integrity. 
C) fidelity. 
D) fairness.

Question 14

While corporate culture influences employees' ethical decisions,managers have little impact on those decisions.

Accepted Answer

A) True 
 B)False

Question 15

Employers can be held responsible for third-party sexual harassment if managers knew about it or should have known about it.

Accepted Answer

A) True 
 B)False

Question 16

Joan was hired as a sales representative.One of her responsibilities was to make outside sales calls.Over the years,she got friendly with her customers.One of the customers has been asking her for a date for a while and finally told her that she will not be getting any orders unless she goes out with him.

Accepted Answer

A) This is in violation of sexual harassment and Joan can sue the customer. 
B) This is in violation of sexual harassment and Joan can sue her employer. 
C) This is not in violation of sexual harassment because the employer was not negligent. 
D) This is not in violation of sexual harassment because Joan liked the customer very much. 
A) This is in violation of sexual harassment and Joan can sue the customer. 
B) This is in violation of sexual harassment and Joan can sue her employer. 
C) This is not in violation of sexual harassment because the employer was not negligent. 
D) This is not in violation of sexual harassment because Joan liked the customer very much.

Question 17

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.

Accepted Answer

A) True 
 B)False

Question 18

If a manager says things like,"Everyone does it" or "I don't get paid to be ethical,I get paid to produce results," he/she is suffering from moral blindness.

Accepted Answer

A) True 
 B)False

Question 19

Mary started her dot.com business in 2005.Recently,she hired Jackie as VP of Sales and Marketing.As part of company policy,management was to give a blood test for verification of AIDS or any drug abuse.When the results came back,Mary found out that Jackie had AIDS.She was fired because the company does not tolerate having employees with AIDS.

Accepted Answer

A) Mary had the right to fire Jackie because it is her company and she can do whatever she wants. 
B) Mary should have consulted with an attorney to find a reason for firing Jackie. 
C) Mary is in violation of discrimination laws. 
D) Mary should have requested a blood test from everyone on a quarterly basis. 
A) Mary had the right to fire Jackie because it is her company and she can do whatever she wants. 
B) Mary should have consulted with an attorney to find a reason for firing Jackie. 
C) Mary is in violation of discrimination laws. 
D) Mary should have requested a blood test from everyone on a quarterly basis.

Question 20

There are a number of "tests" of ethical behavior in business.The one that prioritizes choosing the option that results in the greatest good for the greatest number of people is known as:

Accepted Answer

A) the utilitarian principle. 
B) the professional ethic. 
C) the Golden Rule. 
D) Kant's categorical imperative. 
A) the utilitarian principle. 
B) the professional ethic. 
C) the Golden Rule. 
D) Kant's categorical imperative.

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

How can managers establish and maintain ethical principles into their companies?

A code of ethics is a written statement of the standards of behavior and ethical principles a company expects from its employees.

Over the past few decades,business leaders have,in general,become more proactive in terms of implementing the organizational characteristics of:

The majority of small companies realize they have as big a drug problem with their employees as larger companies do.

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

The starting point for managing diversity is learning your own biases and prejudices.

Progressive companies are taking their environmental policies a step further,creating redesigned,"clean" manufacturing systems that focus on avoiding waste and pollution.

Managing diversity in the workforce means managers need to:

Perhaps the best way to deal with the environmental challenges we face would be to:

In terms of social responsibility to the consumer,consumers have a right to be heard by the company.

The only way to achieve diversity in the small business is to let it take care of itself as society increases in diversity.

When dealing with AIDS in the workplace,small business owners should:

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

While corporate culture influences employees' ethical decisions,managers have little impact on those decisions.

Employers can be held responsible for third-party sexual harassment if managers knew about it or should have known about it.

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.

If a manager says things like,"Everyone does it" or "I don't get paid to be ethical,I get paid to produce results," he/she is suffering from moral blindness.

There are a number of "tests" of ethical behavior in business.The one that prioritizes choosing the option that results in the greatest good for the greatest number of people is known as:

Entrepreneurs: the Driving Force Behind Small Business

Creativity and Innovation: Keys to Entrepreneurial Success

Strategic Management and the Entrepreneur

Choosing a Form of Ownership

Franchising and the Entrepreneur

Buying an Existing Business

New Business Planning Process: Feasibility Analysis,business Modeling,

Building a Bootstrap Marketing Plan

Creative Use of Advertising and Promotion

Pricing and Credit Strategies

Global Marketing Strategies

E-Commerce and Entrepreneurship

Creating a Solid Financial Plan

Managing Cash Flow

Sources of Equity Financing

Sources of Debt Financing

Location,layout,and Physical Facilities

Supply Chain Management

Managing Inventory

Staffing and Leading a Growing Company

Management Succession and Risk Management Strategies in the Family Business

The Legal Environment: Business Law and Government Regulation

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