BUS 110 Ch. 4

A chocolate manufacturing company promotes a high-calorie product without providing complete information about the risks involved in its consumption. In the context of business behavior, the company's business conduct is ________.

• 
  legal but unethical

• 
  illegal but unethical

• 
  legal but ethical

• 
  illegal but ethical

Ethics does not refer to ________.

• 
  beliefs about good and bad 

• behaviors that go beyond the basics of law

• 
  the obligation of a business to contribute to society.

• 
  sets of beliefs about right and wrong.

Following the act passed in 2002, the CEO of Hagar & Kaida, a clothing manufacturer, now personally certifies the validity of the company's financial statements. Given this information, the CEO of Hagar & Kaida most likely follows the_____.

• 
  Blaine Act

• 
  Landrum–Griffin Act

• 
  Dawes Act

• 
  Sarbanes–Oxley Act

Hendrick, a marketing manager at a social media start-up, believes the following: "Although it’s not okay to steal printer ink from the store, it’s okay to ‘borrow’ supplies from the storage closet at work for my personal use because the company has not given me a raise in the past year." In this context, which of the following statements is most likely true of Hendrick?

• He bases his argument on universal ethical standards.

• He views ethics as relative.

• He bases his argument on moral absolutism.

• He believes in value monism.

In the context of a socially responsible organization, which of the following statements is true of consumerism?

• 
  It is a drive that supports contribution to nonprofits through cause-related marketing.

• It is a movement that suggests that customer rights should be the starting point of any business.

• It describes the judgmental and excessive bargaining power of buyers.

• It focuses on the right of the customers to be involved in the pricing of certain products.

In the context of bringing the code of ethics of a company to life, which of the following statements is true when experts try to advocate a forceful, integrated approach to ethics?

• It should be ensured that the company's ethics code is both local and global in scope.

• 
  It should be ensured that top managers do not overcommunicate the importance of ethics.

• 
  Ethics should be considered a separate unit and not integrated into mandatory staff training.

• Managers should enforce strict laws against whistle-blowers.

In the context of business ethics, _____ refers to a decision that involves a conflict of values.

• 
  an ethical lapse

• 
  ethical hacking

• 
  ethical consumerism

• 
  an ethical dilemma

In the context of the core values identified by the Character Counts organization, being self-controlled, being self-disciplined, and being accountable for your choices represent the universal ethical standard of _____.

• 
  trustworthiness

• responsibility

• 
  citizenship

• 
  fairness

Kaholo, an employee at an online magazine, learns that the reason his colleague was asked not to pursue an article further was because the editor of the magazine was bribed by the concerned party to suppress the matter. Kaholo reveals this information to the chief editor and his colleagues and also reports it to the news. In this scenario, Kaholo is a _____.

• whistle-blower

• 
  grandstander

• 
  corporate philanthropist

• 
  social auditor

In the context of research from the Ethics Resource Center (ERC), which of the following statements is true of companies facing economic difficulties?

• Organizational culture during economic difficulties has very little impact on individual employees' decisions.

• More-engaged employees of companies facing economic difficulties are less likely to report employees who behave unethically.

• When employees perceive more management commitment, they become less engaged with the tasks assigned to them.

• The decisions and behaviors of company leaders during economic difficulties are perceived by employees as a heightened commitment to ethics.