Exam 1: An Overview of Ethics

A set of beliefs about right and wrong behavior within a society is called ____.

____________________ acts conform with what an individual believes to be the right thing to do.

While nearly half of all employees surveyed saw some form of ethical misconduct in 2007, less than ____ of those employees reported the misconduct to management.

The United States has one of the lowest software piracy rates in the world, along with Luxembourg and New Zealand.

The goal of the Sarbanes-Oxley Act was to renew investor's trust in corporate executives and their firm's financial reports following numerous financial scandals in the early 2000's.

A ____________________ is a clear, concise statement of the issue that needs to be addressed.

Each society forms a set of rules that establishes the boundaries of generally accepted behavior. These rules are often expressed in statements about how people should behave, and they fit together to from the ____________________ by which a society lives.

Lawrence Kohlberg found that many factors stimulate a person's moral development, but one of the most crucial is monetary reward for good behavior.

Ethics defines one's personal beliefs about right and wrong.

Part of developing a good problem statement includes ____.

The ____________________ of the law profession demand that defense attorneys defend an accused client to the best of their ability, even if they know that the client is guilty of the most heinous and morally objectionable crime one could imagine.

A ____________________ provides an organization with vision and leadership in the area of business conduct.

A rapid increase in the appointment of corporate ethics officers typically follows ____.

The development of a good problem statement is the most critical step in the decision-making process.

Companies that are viewed as harmful to their community may find that negative publicity reduces sales, impedes relationships with some business partners, and attracts unwanted government attention.

A person who acts with ____________________ acts in accordance with a personal code of principles.

In a for-profit organization, it is the primary objective of the ____ to oversee the organization's business activities and management for the benefit of shareholders, employees, customers, suppliers, and the community.

The virtue ethics approach to decision making states that you should choose the action or policy that has the best overall consequences for all people who are directly or indirectly affected.

A rapid increase in the appointment of corporate ethics officers typically follows the revelation of a major business scandal.

Pretexting involves the use of false pretenses to gain access to the personal records of individuals.