Chapter02_Answers - Chapter 2 Assessment Answers Matching...

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Chapter 2 Assessment Answers Matching Key Terms 1. c 4. b 7. g 2. d 5. e 3. f 6. a True/False Quiz 8. F 11. T 14. T 17. T 9. F 12. T 15. T 18. T 10. F 13. T 16. T Discussion Questions 19. Students should recognize that greed can motivate executives to act in an unethical manner. 20. Environmental concerns include clean air and water, global warming, preservation of wildlife, and natural resources. 21. The American culture holds that such characteristics as freedom, individualism, family life, fair play, hard work, and honesty are important. 22. The most obvious consequences of a firm’s unethical behavior are criminal and civil penalties, and the ultimate failure of the firm. 23. Legal mandates are imposed on individuals or groups by authorities or governments. Ethical considerations, on the other hand, generally spring from within individuals or organizations. However, ethical ideas have been the foundation of much of the legislation enacted by federal, state, and local governments. 24. Students’ answers should include adoption of corporate codes of ethics and corporate sponsorship of civic and cultural programs. Thinking Critically About the Law
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Chapter02_Answers - Chapter 2 Assessment Answers Matching...

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