Question 1

In the context of the components of company vision, _____ are the means to execute the strategies for achieving the goals of a company.

Accepted Answer

A)   values
B)   tactics
C)   employees
D)   mission statements
E)   investmentsF) A) and B)
G) B) and C)

Question 2

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)   develop action plans.F) A) and B)
G) A) and C)

Question 3

Most ethical dilemmas require balancing conflict among three perspectives: ideals (what ought to be true), reality (what is actually true), and utility or cost/benefit.

Accepted Answer

A) True 
 B)False

Question 4

_____ is a critical first step in identifying and assessing an ethical dilemma.

Accepted Answer

A)   A ccountability
B)   Awareness
C)   Legality
D)   Vision
E)   ExposureF) A) and B)
G) A) and C)

Question 5

Which of the following is NOT one of the four categories of ethical decision making that entrepreneurs face on a daily basis that has been identified by recent research?

Accepted Answer

A)   Individual values
B)   S ocial responsibility
C)   Organizational values
D)   C ustomer satisfaction
E)   External accountabilityF) D) and E)
G) None of the above

Question 6

Ethics derives from the cultural, social, political, and ethnical norms with which people were raised as children.

Accepted Answer

A) True 
 B)False

Question 7

All of the following are examples of poor ethics EXCEPT

Accepted Answer

A)   not reporting all cash receipts.
B)   cheating customers on price.
C)   failing to pay bills on time .
D)   getting to work late .
E)   lying to customers, employees, and suppliers .F) C) and D)
G) A) and C)

Question 8

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)   succumbing to  peer pressure.
E)   N one of these are correct.F) A) and B)
G) C) and D)

Question 9

The process of developing _____ begins with a company's self-examination to identify values held by individuals and alert everyone to inconsistencies in how people deal with particular issues.

Accepted Answer

A)   a s trategic plan
B)   a plan of action
C)   social responsibility
D)   integrity
E)   a  code of ethicsF) None of the above
G) B) and C)

Question 10

Most ethical issues are not criminal acts but rather small dilemmas that present themselves with great regularity every day.

Accepted Answer

A) True 
 B)False

Exam 15: Incorporating Ethics and Social Responsibility Into the Business

Most ethical dilemmas require balancing conflict among three perspectives: ideals (what ought to be true), reality (what is actually true), and utility or cost/benefit.

Correct Answer
verified

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 Answer
verified

Which of the following is NOT one of the four categories of ethical decision making that entrepreneurs face on a daily basis that has been identified by recent research?

Correct Answer
verified

Most ethical issues are not criminal acts but rather small dilemmas that present themselves with great regularity every day.

Correct Answer
verified

_____ is a critical first step in identifying and assessing an ethical dilemma.

Correct Answer
verified

In the context of the components of company vision, _____ are the means to execute the strategies for achieving the goals of a company.

Correct Answer
verified

Ethics derives from the cultural, social, political, and ethnical norms with which people were raised as children.

Correct Answer
verified

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

Correct Answer
verified

The process of developing _____ begins with a company's self-examination to identify values held by individuals and alert everyone to inconsistencies in how people deal with particular issues.

Correct Answer
verified

All of the following are examples of poor ethics EXCEPT

Correct Answer
verified

Exam 15: Incorporating Ethics and Social Responsibility Into the Business

Most ethical dilemmas require balancing conflict among three perspectives: ideals (what ought to be true), reality (what is actually true), and utility or cost/benefit.

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

Which of the following is NOT one of the four categories of ethical decision making that entrepreneurs face on a daily basis that has been identified by recent research?

Correct AnswerverifiedShow Answer

Most ethical issues are not criminal acts but rather small dilemmas that present themselves with great regularity every day.

Correct AnswerverifiedShow Answer

_____ is a critical first step in identifying and assessing an ethical dilemma.

Correct AnswerverifiedShow Answer

In the context of the components of company vision, _____ are the means to execute the strategies for achieving the goals of a company.

Correct AnswerverifiedShow Answer

Ethics derives from the cultural, social, political, and ethnical norms with which people were raised as children.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

The process of developing _____ begins with a company's self-examination to identify values held by individuals and alert everyone to inconsistencies in how people deal with particular issues.

Correct AnswerverifiedShow Answer

All of the following are examples of poor ethics EXCEPT

Correct AnswerverifiedShow Answer

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verified

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