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

If a small business owner obeys the law,he/she can be certain that his/her actions are ethical.

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

Small businesses have a number of responsibilities to their investors including:

A ________ defines the values underlying the entire company and its ethical responsibilities to its stakeholders.

________ involves the moral values and behavioral standards that businesspeople draw on as they make decisions and solve problems.

Leonard Stern,the chairman of Hartz Mountain,was concerned and outraged at the condition of New York City's homeless living in shelters and welfare hotels,and was determined to help them.Hartz Mountain backed loans for construction of clean,safe housing complexes,and helped create social programs to help homeless families.These efforts by Hartz Mountain are an example of a company's social responsibility to:

This term denotes the awareness of a company's management of the social,environmental,political,human,and financial consequences that its actions produce.

What is an EAP?

Coping with AIDS in the workplace is not like managing normal health care issues.

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

What can the small business owner do to develop an effective drug prevention program?

"Everybody does it." is an example of:

________ dilemmas lurk in even the most mundane decisions that entrepreneurs make every day.

In most situations,the ethical dilemma is clear-cut and obvious.

Ethics are 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.

What is sexual harassment? What can a small business owner do to minimize the likelihood of sexual harassment?