Question 1

An)  ________ is a situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong.

Accepted Answer

A)   ethical standard
B)   ethical issue
C)   business norm
D)   personal right
E)   moral rightF) A) and B)
G) C) and D)

Question 2

Teal Inc., a manufacturer of designer journals and notebooks, switched to using recycled paper to manufacture its products. It also changed the design such that the book covers and spiral cords used as spines were not made out of plastic. The changes made by Teal Inc., are an example of

Accepted Answer

A)   philanthropic responsibility.
B)   legal responsibility.
C)   economic responsibility.
D)   corporate social responsibility.
E)   shareholder responsibility.F) C) and D)
G) A) and E)

Question 3

It is a common perception that business leaders use illegal means to gain competitive advantage or improve their personal positions.

Accepted Answer

A) True 
 B)False

Question 4

A company regularly conducts classes in moral philosophy for its employees. In addition, it ensures that whistleblowers are protected from ostracism or mistreatment. These measures have been specifically taken to

Accepted Answer

A)   develop a compliant workforce in the organization.
B)   establish an ethnocentric work environment in the organization.
C)   increase punitive actions against wrongdoers in the organization.
D)   stay away from ethical dilemmas in the organization.
E)   create an ethical climate in the organization.F) B) and E)
G) A) and B)

Question 5

In the context of corporate social responsibility, supporting community projects and making charitable contributions are examples of

Accepted Answer

A)   economic responsibility.
B)   legal responsibility.
C)   ethical responsibility.
D)   philanthropic responsibility.
E)   political responsibility.F) A) and B)
G) B) and D)

Exam 4: Ethics and Corporate Responsibility

An) ________ is a situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong.

Correct Answer
verified

A company regularly conducts classes in moral philosophy for its employees. In addition, it ensures that whistleblowers are protected from ostracism or mistreatment. These measures have been specifically taken to

Correct Answer
verified

In the context of corporate social responsibility, supporting community projects and making charitable contributions are examples of

Correct Answer
verified

Teal Inc., a manufacturer of designer journals and notebooks, switched to using recycled paper to manufacture its products. It also changed the design such that the book covers and spiral cords used as spines were not made out of plastic. The changes made by Teal Inc., are an example of

Correct Answer
verified

It is a common perception that business leaders use illegal means to gain competitive advantage or improve their personal positions.

Correct Answer
verified

Exam 4: Ethics and Corporate Responsibility

An) ________ is a situation, problem, or opportunity in which an individual must choose among several actions that must be evaluated as morally right or wrong.

Correct AnswerverifiedShow Answer

A company regularly conducts classes in moral philosophy for its employees. In addition, it ensures that whistleblowers are protected from ostracism or mistreatment. These measures have been specifically taken to

Correct AnswerverifiedShow Answer

In the context of corporate social responsibility, supporting community projects and making charitable contributions are examples of

Correct AnswerverifiedShow Answer

Teal Inc., a manufacturer of designer journals and notebooks, switched to using recycled paper to manufacture its products. It also changed the design such that the book covers and spiral cords used as spines were not made out of plastic. The changes made by Teal Inc., are an example of

Correct AnswerverifiedShow Answer

It is a common perception that business leaders use illegal means to gain competitive advantage or improve their personal positions.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified