Exam 1: An Overview of Ethics

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The stock price of Hewlett-Packard dropped dramatically as a result of a scandal involving the leaking of information about HP's long term strategy to the news media.

(True/False)
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Discuss the importance of communication in implementing a course of action.

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A stakeholder is someone who stands to gain or lose, depending on how a situation is resolved.

(True/False)
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An approach to ethical decision making that states you should choose the action or policy that has the best overall consequences for all people who are directly or indirectly affected is the ____ approach.

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The term morality refers to social conventions about ____________________ that are so widely shared that they become the basis for an established consensus.

(Short Answer)
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Ethical conduct criteria that could be used in an employee's performance evaluation includes ____.

(Multiple Choice)
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A judge found ____ guilty of not providing timely on-site technical support that customers were entitled to and, as a result, lost its place as the world's largest computer manufacturer.

(Multiple Choice)
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The practice of illegally making copies of software or enabling others to access software to which they are not entitled is called __________________.

(Short Answer)
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____________________ states that annual reports must contain a statement signed by the CEO and CFO attesting that the information contained in all of the firm's Securities and Exchange Commission filings is accurate.

(Short Answer)
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The ____________________ that socially responsible activities create can make it easier for corporations to conduct their business. or

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The United States Supreme Court has established that an employer cannot be held responsible for the acts of its employees if the employees act in a manner contrary to corporate policy and their employer's directions.

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Habits that incline people to do what is acceptable are called ____.

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Morality refers to social conventions about right and wrong that are so widely shared that they become the basis for an established consensus.

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Provide a description of a good problem statement.

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Well over half of all organizations include ethical conduct as part of an employee's performance appraisal.

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To the detriment of all concerned, the importance of ethics and human values have been over emphasized in the midst of many IT breakthroughs in recent years.

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It is especially important for multinational or global organizations to present a ____________________ face to their shareholders, customers, and suppliers no matter where those stakeholders live or operate their business.

(Short Answer)
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An organization's mission statement highlights its key ethical issues and identifies the overarching values and principles that are important to the organization and its decision making

(True/False)
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____________________ are one's personal beliefs about right and wrong.

(Short Answer)
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In a(n) ____________________, an organization reviews how well it is meeting its ethical and social responsibility goals, and communicates its new goals for the upcoming year.

(Short Answer)
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