Exam 1: Introducing Straight Talk About Managing Business Ethics: Where Were Going and Why

Good character is the main factor determining whether an individual acts ethically within an organization.

Discarding the few "bad apples" will usually solve all of the ethical problems within an organization.

According to the authors, all of these are factors that laid the groundwork for the disaster in the United States in 2008 EXCEPT:

Parties who are affected by the business and its actions and who have an interest in what the business does and how it performs are called _______.

Definition of ethics-"the principles, norms, and standards of conduct governing an individual or group"-focuses on _______.

The U.S. Chamber of Commerce estimates that workplace theft costs U.S. businesses between $20 billion and $40 billion each year, and ______ are thought to be responsible for much of it.

It is unethical for managers to "control" employees' ethical behavior through direct management and the organization's formal and informal cultural systems.

Federal laws define what is ethical. Therefore, all unethical behavior is considered unlawful.

By ignoring the topic of ethical behavior, an organization may actually be encouraging unethical behavior through benign neglect.

According to the authors, most people are guided by a strict internal moral compass and will not be swayed by organization factors.

Which of the following statements is true?

_________ students may need more ethics training because research has found that they rank lower in moral reasoning than other students.

For individuals, values can be defined as "one's core beliefs about what is important, what is valued, and how one should behave across a wide variety of situations.".

According to the authors, ethical behavior is defined as:

Which of these is Adam Smith's first book?

The interest in business ethics is just a fad that has only recently been created by popular scandals (i.e., Enron, WorldCom, etc.) reported in the news.

According to the 2012 Edelman Trust Barometer, only _____ percent of Americans surveyed trust banks to be ethical-a _____-point drop since 2008

The implosion of the financial markets in 2008 was largely the result of:

In this book, the authors focus on _____________ factors because ____________:

When employees come to an organization, they have already developed into "good" or "bad" apples. Therefore, there is little a manager can do to impact an employee's ethical behavior.