Module 6: Business Ethics and
Corporate Social Responsibility
Questions Fully Solved.
Determining the legality of a course of action will include a review of: - Answer Statutes,
regulations, and codes
________ are a set of standards that govern the conduct of a person, especially a member of a
profession. A good example is the medical profession's oath to "do no harm." - Answer
Ethics
Kathy, in accounts receivable, receives a cash overpayment from a loyal customer. Her boss
never reviews the details of accounts receivable transactions, so Kathy could easily pocket the
overpayment amount. Kathy is faced with a(n) ________ dilemma. - Answer legal dilemma.
When executives bend the rules or turn a blind eye to bad behavior, the policies ________ value
and executives ________ the respect of employees. - Answer lose, lose
Expulsion from membership in a professional organization could occur due to failure to comply
with its': - Answer code of practice
The Golden Spigot hotel and casino was recently rocked by scandal with unethical gaming
practices and lack of certain hotel safety disclosures. Upper management has been fired and
you are brought in as the new CEO to change things around. You have called everyone to a
company meeting and are starting off by defining how you will be implementing strict business
ethics. Which of the following begins to change the business ethics environment best for the
company? - Answer The Golden Spigot will publish standards governing the behavior and
actions of employees and actions of the business, and implement mandatory policy training for
all employees.
Althea works for the Sunnyvale Tax Department in the collections department. She knows that
the owner of the vacant lot next door to her home owes almost 5 years back taxes and the
property will soon be auctioned off at a bargain price. If the lot is sold and someone builds on it,
she will no longer have a view of the lake. On a Monday morning, her supervisor asks her to
contact the local newspaper and place the notice of sale in the weekend edition. Althea knows
that once the notice goes into the paper, dozens of investors will show up to bid on the lot. If
she "forgets" to put the notice in the paper, no one outside of the few people in the tax office
will know the sale is occurring and she and her husband could purchase the lot for ¼ of its
actual market value. In this situation, Althea is facing a decision that involves: - Answer an
issue of honesty and integrity
, Overstating the impact of environmental actions to promote "eco-friendly" products is known
as: - Answer Greenwashing
Google.org made a $2.4 million grant to GiveDirectly, a nonprofit that provides direct cash aid to
the poor. This example of Corporate Social Responsibility is known as: - Answer Corporate
Philanthropy
The purpose of aligning corporate ethics and social responsibility is to: - Answer build trust
and create community between employees and stakeholders across all levels
Companies who provide services and/or component products to another company are
necessarily included in corporate social responsibility programs. These outside companies are
known as: - Answer The supply chain
Bribery, conflict of interest, honesty and integrity, whistle-blowing are: - Answer Common
business ethical challenges
Whistleblower laws in the United States are designed to protect: - Answer Employees
As a business owner, you also serve on the City Council of the location of your business. When
city contracts are awarded, your business is in the running to win the bid. Concerned citizens
claim you are unethical citing: - Answer Conflict of Interest and Self Dealing.
Kickback is a form of bribery distinguished on the basis of: - Answer A negotiated agreement
among both the giver and receiver.
In 2015, the German automaker Volkswagen revealed that it had installed software on millions
of cars in order to trick the Environmental Protection Agency's emissions testers into thinking
that the cars were more environmentally friendly than they were. This action was: - Answer
Non-compliant with environmental regulations
To be prepared for your exam, you need to study for 10 hours. How should you split up your
study time to be most effective? - Answer Study for 1 hour per day
You notice a co-worker attending the same church that you attend, and over time you begin to
become attracted to one another. Your company policy forbids romantic relationships between
employees. This is an example of: - Answer an ethical dilemma
John, the officer of a large corporate department, interviews both internal and external
candidates for a new leadership position in his division. The most qualified candidate is Joan,
who has been with the company for 16 years and is 59 years old. John would like to promote
Corporate Social Responsibility
Questions Fully Solved.
Determining the legality of a course of action will include a review of: - Answer Statutes,
regulations, and codes
________ are a set of standards that govern the conduct of a person, especially a member of a
profession. A good example is the medical profession's oath to "do no harm." - Answer
Ethics
Kathy, in accounts receivable, receives a cash overpayment from a loyal customer. Her boss
never reviews the details of accounts receivable transactions, so Kathy could easily pocket the
overpayment amount. Kathy is faced with a(n) ________ dilemma. - Answer legal dilemma.
When executives bend the rules or turn a blind eye to bad behavior, the policies ________ value
and executives ________ the respect of employees. - Answer lose, lose
Expulsion from membership in a professional organization could occur due to failure to comply
with its': - Answer code of practice
The Golden Spigot hotel and casino was recently rocked by scandal with unethical gaming
practices and lack of certain hotel safety disclosures. Upper management has been fired and
you are brought in as the new CEO to change things around. You have called everyone to a
company meeting and are starting off by defining how you will be implementing strict business
ethics. Which of the following begins to change the business ethics environment best for the
company? - Answer The Golden Spigot will publish standards governing the behavior and
actions of employees and actions of the business, and implement mandatory policy training for
all employees.
Althea works for the Sunnyvale Tax Department in the collections department. She knows that
the owner of the vacant lot next door to her home owes almost 5 years back taxes and the
property will soon be auctioned off at a bargain price. If the lot is sold and someone builds on it,
she will no longer have a view of the lake. On a Monday morning, her supervisor asks her to
contact the local newspaper and place the notice of sale in the weekend edition. Althea knows
that once the notice goes into the paper, dozens of investors will show up to bid on the lot. If
she "forgets" to put the notice in the paper, no one outside of the few people in the tax office
will know the sale is occurring and she and her husband could purchase the lot for ¼ of its
actual market value. In this situation, Althea is facing a decision that involves: - Answer an
issue of honesty and integrity
, Overstating the impact of environmental actions to promote "eco-friendly" products is known
as: - Answer Greenwashing
Google.org made a $2.4 million grant to GiveDirectly, a nonprofit that provides direct cash aid to
the poor. This example of Corporate Social Responsibility is known as: - Answer Corporate
Philanthropy
The purpose of aligning corporate ethics and social responsibility is to: - Answer build trust
and create community between employees and stakeholders across all levels
Companies who provide services and/or component products to another company are
necessarily included in corporate social responsibility programs. These outside companies are
known as: - Answer The supply chain
Bribery, conflict of interest, honesty and integrity, whistle-blowing are: - Answer Common
business ethical challenges
Whistleblower laws in the United States are designed to protect: - Answer Employees
As a business owner, you also serve on the City Council of the location of your business. When
city contracts are awarded, your business is in the running to win the bid. Concerned citizens
claim you are unethical citing: - Answer Conflict of Interest and Self Dealing.
Kickback is a form of bribery distinguished on the basis of: - Answer A negotiated agreement
among both the giver and receiver.
In 2015, the German automaker Volkswagen revealed that it had installed software on millions
of cars in order to trick the Environmental Protection Agency's emissions testers into thinking
that the cars were more environmentally friendly than they were. This action was: - Answer
Non-compliant with environmental regulations
To be prepared for your exam, you need to study for 10 hours. How should you split up your
study time to be most effective? - Answer Study for 1 hour per day
You notice a co-worker attending the same church that you attend, and over time you begin to
become attracted to one another. Your company policy forbids romantic relationships between
employees. This is an example of: - Answer an ethical dilemma
John, the officer of a large corporate department, interviews both internal and external
candidates for a new leadership position in his division. The most qualified candidate is Joan,
who has been with the company for 16 years and is 59 years old. John would like to promote
