MGT 4334 Midterm Exam Deck 2
questions with answers
What does "institutionalizing business ethics" mean?
It means embedding ethics into company values, policies, and daily decisions.
Why must ethics be institutionalized?
Because formal systems prevent misconduct, strengthen trust, and align culture with
stakeholder expectations
What does the phrase "ethics rots or thrives from the top" mean?
Leadership behavior sets the moral tone that shapes the tire culture.
What law created accountability for financial accuracy after scandals like Enron?
The Sarbanes-Oxley Act (SOX)
What act strengthened whistleblower protection and oversight after 2008?
The Dodd-Frank Act
What law defines minimum corporate ethics program standards?
questions with answers
What does "institutionalizing business ethics" mean?
It means embedding ethics into company values, policies, and daily decisions.
Why must ethics be institutionalized?
Because formal systems prevent misconduct, strengthen trust, and align culture with
stakeholder expectations
What does the phrase "ethics rots or thrives from the top" mean?
Leadership behavior sets the moral tone that shapes the tire culture.
What law created accountability for financial accuracy after scandals like Enron?
The Sarbanes-Oxley Act (SOX)
What act strengthened whistleblower protection and oversight after 2008?
The Dodd-Frank Act
What law defines minimum corporate ethics program standards?
