Question 1

Following the Golden Rule that says "Do unto others as you would have them do unto you," is a comprehensive answer to ethical dilemmas in the workplace.

Accepted Answer

A) True 
 B)False

Question 2

Through giving something back to the community or communities in which it does business, and thus to society as a whole, a business holds itself to a higher standard of ____.

Accepted Answer

A)  social responsibility
B)  business ethics
C)  corporate culture
D)  social ventures
E)  core valuesF) None of the above
G) C) and D) A

Question 3

Aristotle, the Greek philosopher, said that ____ is the first of the human virtues because without it, the others are not possible.

Accepted Answer

A)  Responsibility
B)  Vision
C)  Courage
D)  Hope
E)  None of these choicesF) A) and C)
G) B) and E)

Question 4

Paul Brainerd of the Brainerd Foundation in Seattle, Washington, suggests following which socially responsible rule?

Accepted Answer

A)  Wait until you are older to become socially responsible
B)  Don't wait until later in life to begin giving back
C)  Wait until the venture is well established
D)  Go for something huge
E)  None of these choicesF) A) and D)
G) A) and C)

Question 5

Discuss the characteristics that are part of an effective code of ethics. ​

Accepted Answer

The code and its policies will be clear ...

Question 6

Peter Drucker always asserted that a company's ____ should "fit on a t-shirt."

Accepted Answer

A)  code of ethics
B)  mission
C)  vision
D)  purpose
E)  strategyF) B) and E)
G) All of the above

Question 7

Meeting ethical expectations is part of social responsibility. ​

Accepted Answer

A) True 
 B)False

Question 8

____ in ethical decision making says that "Everyone needs to look out for himself." ​

Accepted Answer

A)  Dogmatism
B)  Egoism
C)  Utility
D)  Relativism
E)  SubjectivismF) B) and E)
G) C) and E)

Question 9

A company's ____ is/are what brings everyone together to achieve a common objective.

Accepted Answer

A)  vision and values
B)  mission
C)  purpose
D)  strategies and tactics
E)  code of ethicsF) A) and C)
G) A) and B) B

Question 10

The moral code by which we live and conduct business comes from cultural, social, political, and ethnic norms with which we were raised as children and is called ____. ​

Accepted Answer

A)  ethics
B)  social responsibility
C)  social obligations
D)  corporate policy
E)  visionF) A) and D)
G) C) and E) A

Question 11

Define core values. ​

Accepted Answer

Core values are the fundamental beliefs ...

Question 12

In ethics theory, there are generally three broad categories of perspectives about an ethical dilemma: ____, obligations, and utility. ​

Accepted Answer

A)  accountability
B)  awareness
C)  ideals
D)  values
E)  actionsF) B) and E)
G) A) and D)

Question 13

Research has shown that the ethical behavior of employees is very much influenced by ____.

Accepted Answer

A)  the Golden Rule
B)  the justice approach
C)  a code of ethics
D)  social responsibility
E)  societal normsF) B) and D)
G) B) and E)

Question 14

A conflict of interest occurs when a person's private or personal interests clash with ____.

Accepted Answer

A)  professional obligations
B)  professional ethics
C)  personal ethics
D)  corporate vision
E)  social responsibilityF) B) and E)
G) D) and E)

Question 15

Define the constants of success. ​

Accepted Answer

Purpose - entrepreneurs need to know tha...

Question 16

Entrepreneurs who play too close to the edge of legality are in danger of ____.

Accepted Answer

A)  pushing the limits of the law
B)  running into conflicts of interest
C)  using survival tactics
D)  peer pressure
E)  None of these choicesF) C) and E)
G) A) and E)

Question 17

____ means operating a business in a way that exceeds the ethical, legal, commercial, and public expectations that society has of the business. ​

Accepted Answer

A)  Ethics
B)  Social responsibility
C)  Vision
D)  BHAG
E)  Mission ​F) C) and D)
G) A) and E)

Question 18

A small company can have a socially responsible impact on its community if it does a few things by way of preparation. First, the company needs to ____.

Accepted Answer

A)  create a mission statement
B)  set goals
C)  partner with a for-profit organization
D)  involve only a few people in the organization
E)  None of these choicesF) B) and D)
G) A) and E)

Question 19

The question, "Would I be proud if my actions were announced in my local newspaper?" is part of the ____ approach to ethical decision making. ​

Accepted Answer

A)  Adler
B)  Kantian
C)  Greek
D)  utilitarian
E)  subjectiveF) B) and C)
G) None of the above

Question 20

An effective ethics program may protect a company from criminal penalties. ​

Accepted Answer

A) True 
 B)False

Exam 15: Incorporating Ethics and Social Responsibility Into the Business

Following the Golden Rule that says "Do unto others as you would have them do unto you," is a comprehensive answer to ethical dilemmas in the workplace.

Correct AnswerverifiedShow Answer

Through giving something back to the community or communities in which it does business, and thus to society as a whole, a business holds itself to a higher standard of ____.

Correct AnswerverifiedA

Aristotle, the Greek philosopher, said that ____ is the first of the human virtues because without it, the others are not possible.

Correct AnswerverifiedShow Answer

Paul Brainerd of the Brainerd Foundation in Seattle, Washington, suggests following which socially responsible rule?

Correct AnswerverifiedShow Answer

Discuss the characteristics that are part of an effective code of ethics. ​

Correct AnswerverifiedThe code and its policies will be clear ...View AnswerShow Answer

Peter Drucker always asserted that a company's ____ should "fit on a t-shirt."

Correct AnswerverifiedShow Answer

Meeting ethical expectations is part of social responsibility. ​

Correct AnswerverifiedShow Answer

____ in ethical decision making says that "Everyone needs to look out for himself." ​

Correct AnswerverifiedShow Answer

A company's ____ is/are what brings everyone together to achieve a common objective.

Correct AnswerverifiedB

The moral code by which we live and conduct business comes from cultural, social, political, and ethnic norms with which we were raised as children and is called ____. ​

Correct AnswerverifiedA

Define core values. ​

Correct AnswerverifiedCore values are the fundamental beliefs ...View AnswerShow Answer

In ethics theory, there are generally three broad categories of perspectives about an ethical dilemma: ____, obligations, and utility. ​

Correct AnswerverifiedShow Answer

Research has shown that the ethical behavior of employees is very much influenced by ____.

Correct AnswerverifiedShow Answer

A conflict of interest occurs when a person's private or personal interests clash with ____.

Correct AnswerverifiedShow Answer

Define the constants of success. ​

Correct AnswerverifiedPurpose - entrepreneurs need to know tha...View AnswerShow Answer

Entrepreneurs who play too close to the edge of legality are in danger of ____.

Correct AnswerverifiedShow Answer

____ means operating a business in a way that exceeds the ethical, legal, commercial, and public expectations that society has of the business. ​

Correct AnswerverifiedShow Answer

A small company can have a socially responsible impact on its community if it does a few things by way of preparation. First, the company needs to ____.

Correct AnswerverifiedShow Answer

The question, "Would I be proud if my actions were announced in my local newspaper?" is part of the ____ approach to ethical decision making. ​

Correct AnswerverifiedShow Answer

An effective ethics program may protect a company from criminal penalties. ​

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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A

Correct Answer
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Correct Answer
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Discuss the characteristics that are part of an effective code of ethics.

Correct Answer
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The code and its policies will be clear ...
View Answer

Correct Answer
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Meeting ethical expectations is part of social responsibility.

Correct Answer
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____ in ethical decision making says that "Everyone needs to look out for himself."

Correct Answer
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Correct Answer
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B

The moral code by which we live and conduct business comes from cultural, social, political, and ethnic norms with which we were raised as children and is called ____.

Correct Answer
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A

Define core values.

Correct Answer
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Core values are the fundamental beliefs ...
View Answer

In ethics theory, there are generally three broad categories of perspectives about an ethical dilemma: ____, obligations, and utility.

Correct Answer
verified

Correct Answer
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Correct Answer
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Define the constants of success.

Correct Answer
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Purpose - entrepreneurs need to know tha...
View Answer

Correct Answer
verified

____ means operating a business in a way that exceeds the ethical, legal, commercial, and public expectations that society has of the business.

Correct Answer
verified

Correct Answer
verified

The question, "Would I be proud if my actions were announced in my local newspaper?" is part of the ____ approach to ethical decision making.

Correct Answer
verified

An effective ethics program may protect a company from criminal penalties.

Correct Answer
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