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Question 1
Question 1

The first step when facing an ethical dilemma is to ask:
Answer
"Is it legal?"
"Is it balanced?"
"How will it make me feel about myself?"
"Is it ethical?"

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Question 2
Question 2

Obeying the law is ________ ethical behavior.
Answer
essentially the same as
the first step towards
the opposite of
unlikely to lead to

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Question 3
Question 3

A competitive corporate environment:
Answer
can encourage employees to deceive customers.
should focus on improving corporate profit.
must be ignored when corporate ethics are developed.
can best define ethical behavior based on current circumstances.

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Question 4
Question 4

When it comes to social responsibility, some people feel that "before you can do good, you must do well." This reflects a firm's primary responsibility to their:
Answer
customers.
investors.
employees.
community.

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Question 5
Question 5

The purpose of a(n) ________ is to evaluate an organization's progress towards implementing programs that are socially responsible and responsive.
Answer
accountability review
social audit
federal disclosure statement
annual report

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Question 6
Question 6

Top leaders in government and business today are:
Answer
held to higher ethical standards than in the past.
held to less strict moral standards than in the past.
less interested in social responsibility than in the past.
at odds with the general public in regard to ethical issues.

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Question 7
Question 7

One factor causing businesses to vigorously enforce ethical standards is the:
Answer
desire to eliminate employee turnover.
fear of negative publicity.
focus on criminal penalties.
evasion of social audit measurements.

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Question 8
Question 8

Which of the following terms describes someone who reports illegal or unethical behavior?
Answer
whistleblower
horn blower
watch tower sentinel
integrity watchdog

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Question 9
Question 9

A phone call to a government official by an employee of the Enron Corporation disclosed the deception and dishonesty of the firm's accounting records. This employee played the role of a(n):
Answer
whistleblower.
horn blower.
cheerleader.
moral policeman.

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Question 10
Question 10

A(n) ________-based ethics code emphasizes the prevention of unlawful behavior by increasing control and penalizing wrongdoers.
Answer
legal
corporate responsibility
compliance
integrity

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Question 11
Question 11

________ refers to standards of moral behavior.
Answer
Legality
Responsibility
Integrity
Ethics

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Question 12
Question 12

Stories of political leaders accepting bribes in return for their influence have occurred worldwide. Unlike the past, these leaders have been forced to resign under intense pubic pressure. This indicates that:
Answer
politicians and religious leaders are above the law.
people are demanding higher standards of their leaders.
it is important not to get caught accepting a bribe.
the WTO has established global standards.

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Question 13
Question 13

Which of the following questions can help us avoid a decision that would injure our self-esteem?
Answer
Is it legal?
Is it balanced?
How will it make me feel about myself?
How can I avoid taking the blame?

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Question 14
Question 14

Ethical problems and issues of social responsibility are:
Answer
unique to firms involved in global trade.
unique to the United States.
not unique to the United States.
less important now than in the past.

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Question 15
Question 15

Business relationships often present ethical dilemmas that are:
Answer
not easily resolved.
easily resolved by following the relevant laws.
best resolved by creating a win-lose situation.
irrelevant and therefore require no action.

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Question 16
Question 16

Corporate values are:
Answer
a personal matter to be determined by each employee.
taught by attending company-sponsored seminars.
instilled by the leadership of outside consultants.
learned by observing the actions of others in the organization.

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Question 17
Question 17

Which of the following would most likely involve ethical concerns?
Answer
overstating an expense report
forecasting sales for the next year
developing the marketing plan for the next year
improving working conditions

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Question 18
Question 18

The laws we have written establish the standards of ________ behavior.
Answer
ethical
legal
moral
socially responsible

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