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buseth unit 1

Quiz by Robert Couch

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30 questions
Show answers
  • Q1
    The blend of ideas, customs, company values, and shared meanings within a firm are referred to as its
    vision statement
    corporate culture
    mission statement
    company climate
    30s
  • Q2
    The unspoken understanding among employees of what is and is not acceptable behavior is called
    rites and rituals
    corporate image
    ethical relativism
    ethical climate
    30s
  • Q3
    If a manager approaches ethics with benevolence in mind, he or she would stress what?
    company rules and procedures
    economic efficiency
    friendly relations with coworkers
    laws and professional codes
    30s
  • Q4
    A company that strives for efficiency is demonstrating which ethical criterion?
    egoism
    benevolence
    principle
    virtue ethics
    30s
  • Q5
    By law, the financial records of publicly held companies are required to be
    reviewed quarterly by the Internal Revenue Service.
    managed by an accounting department of at least five CPAs.
    audited by a certified professional accounting firm.
    summarized in the employee manual for new hires.
    30s
  • Q6
    Building ethical safeguards into a company's everyday routines is called
    justifying ethics.
    change management.
    ethical awareness.
    institutionalizing ethics.
    30s
  • Q7
    Integrity-based ethics programs
    combine concern for the law with an emphasis on employee responsibility.
    are predominately implemented within the European Union.
    threaten employees with punishment for noncompliance with the ethics program.
    seek to avoid legal sanctions and other regulatory penalties.
    30s
  • Q8
    A giant step is taken toward improving ethical performance throughout the company when:
    the Justice Department launches an investigation of the firm’s pricing practices.
    a consumer hotline is created and staffed 24 hours a day, 365 days a year.
    the firm hires a university ethics professor to lecture employees on moral philosophy.
    senior-level managers signal to employees that they believe ethics is a high priority.
    30s
  • Q9
    Why are ethics policies or codes important to business managers?
    to understand the changing customs throughout the world
    to identify and analyze the nature of an ethical problem
    to justify the resolution that best helps them individually
    to help maintain the security of proprietary information
    30s
  • Q10
    Research has shown that the primary type of ethics policy in the United States is
    instrumental.
    normative.
    legal compliance.
    mission and values.
    30s
  • Q11
    Most ethics or compliance officers are entrusted to
    act as a liaison between the company and their competitors.
    audit the company’s sustainability reports.
    reduce the risks to the company of employee misconduct.
    arrange marketing training courses at a nearby university.
    30s
  • Q12
    Which type of employee is most likely to report ethical issues in the workplace?
    part-time workers
    executives
    middle managers
    rank and file
    30s
  • Q13
    Which type of organization typically conducts regular, ongoing ethics training?
    small start-up businesses
    midsized newer companies
    larger and more mature firms
    technology-based organizations
    30s
  • Q14
    The critical component in installing an effective ethics program is
    to allow all employees the freedom to act as they wish.
    the integration of various ethics safeguards into a comprehensive program.
    maintaining the firm’s position as the industry sales leader.
    in hiring an expensive professional ethics consultant.
    30s
  • Q15
    People's ethical principles come primarily from
    the organization's code of ethics.
    legislative action and judicial decisions.
    their religious background, family, and education.
    reading the company's profit and loss statements.
    30s

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