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An organization's code of ethics does not pertain to the everyday functioning of its managers and employees.

A) True
B) False

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As a message to its stakeholders, an organization's code of ethics should represent a clear corporate commitment to the highest standards of ethical behavior.

A) True
B) False

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In the context of business ethics, a _____ perspective evaluates the degree to which the observed customs, attitudes, and rules within a business can be considered ethical.


A) subjective
B) prohibitive
C) normative
D) constitutive

E) A) and D)
F) None of the above

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C

Which of the following statements is true of codes of ethics?


A) Fewer small businesses adopt a formal code of ethics now than they did in the past.
B) The codes are structured to empower employees to make effective decisions confidently.
C) The codes prescribe appropriate courses of action for every business situation in detail.
D) Fewer international organizations adopt a formal code of ethics now than they did in the past.

E) C) and D)
F) A) and B)

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The _____ defines a code of ethics as a central guide to support day-to-day decision making at work.


A) Ethics Resource Center (ERC)
B) Better Business Bureau (BBB)
C) Ethical Remuneration Community (ERC)
D) Research Ethics Board (REB)

E) B) and C)
F) All of the above

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Business ethics involves the application of standards of moral behavior to business situations.

A) True
B) False

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A major ethical dilemma of the 2000s is the employee versus management mentality.

A) True
B) False

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The principle for resolving an ethical dilemma that considers "do unto others as you would have them do unto you" is the _____.


A) Golden Rule
B) rules-based approach
C) formative approach
D) egocentric rule

E) A) and B)
F) All of the above

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The ethicalness of an action is determined by the number of people who take the action.

A) True
B) False

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Over the last five decades, the issue of corporate social responsibility has advanced from an abstract debate to a core _____ issue with clearly established legal liabilities.


A) performance-assessment
B) profit-oriented
C) internal-relations
D) profit-minimization

E) A) and D)
F) A) and B)

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A

A(n) _____ is defined as a central guide that supports day-to-day decision making at work.


A) business matrix
B) code of ethics
C) internal channel
D) external channel

E) All of the above
F) C) and D)

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The standard of corporate governance appears to be at the highest level in recent business history.

A) True
B) False

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Companies that rely on the deterrents of _____ and _____ make headway in discouraging unethical behavior.

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audits ; s...

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Describe the four commonly held rationalizations, identified by Saul Gellerman, which can lead to misconduct.

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Four commonly held rationalizations, identified by Saul Gellerman, can lead to misconduct: A belief that an activity is within reasonable ethical and legal limits-that is, that it is not "really" illegal or immoral.A belief that an activity is in a particular individual's or his or her corporation's best interests-that an individual would somehow be expected to undertake the activity.A belief that an activity is safe because it will never be found out or publicized-the classic crime-and punishment issue of discovery.A belief that because an activity helps a company, the company will condone it and even protect the person who engages in it.

_____ is the application of ethical standards to business behavior.

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The three principles by which ethical dilemmas are resolved are successful in all situations.

A) True
B) False

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In the context of the history of business ethics, identify a dramatic change that has taken place in the business environment over the past five decades.


A) The increased presence of an employee voice has made employees feel more comfortable speaking out against actions of their employers that they feel to be irresponsible.
B) The issue of corporate social responsibility has advanced from a core performance-assessment issue with clearly estab­lished legal liabilities to an abstract debate.
C) Corporate ethics has moved from the domain of finance and marketing departments into the human resource department.
D) Very few number of organizations are willing to commit to sharing their resources with all their stakeholders.

E) A) and B)
F) A) and D)

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Over the last five decades, corporate ethics has shifted from the organizational mainstream into the domain of legal and human resource departments.

A) True
B) False

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A perspective of business ethics that involves recommending what should be happening in a business situation is termed _____ perspective.


A) delineative
B) evasive
C) substantive
D) normative

E) A) and D)
F) B) and C)

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When trying to resolve an ethical dilemma, the Golden Rule principle considers only the legal aspects of the problem.

A) True
B) False

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