Ch9 - ch9 Student 1 Business ethics concerns Adeveloping a consensus among companies worldwide as to what ethical principles that businesses should

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ch9 Student: ___________________________________________________________________________ 1. Business ethics concerns A . developing a consensus among companies worldwide as to what ethical principles that businesses should be expected to observe in the course of conducting their operations. B. what ethical behaviors should be expected of company personnel in the course of doing their jobs. C . the application of general ethical principles and standards to the actions and decisions of companies and the behavior of company personnel. D. developing a special set of ethical standards for businesses to observe in conducting their affairs. E . picking and choosing among the consensus ethical standards of society to arrive at a set of ethical standards that apply directly to operating a business. 2. Ethical principles in business A. deal chiefly with the actions and behaviors required to operate companies in a socially responsible manner. B. deal chiefly with the rules each company's top management and board of directors make about "what is right" and "what is wrong." C. are not materially different from ethical principles in general. D. are generally less stringent than the ethical principles for society at large. E. are generally more stringent than the ethical principles for society at large. 3. Ethical principles as they apply to business conduct and business decisions A . deal chiefly with standards a company has (and that are elaborated in its code of ethics) about what is right and wrong insofar as the conduct of its business is concerned and about what behaviors are expected of company personnel. B . deal chiefly with the behaviors that a company's board of directors expects of all company personnel in both their conduct on-the-job and their conduct off-the-job. C. involve the rules a company's top management and board of directors make about "what is right" and "what is wrong." D. are not materially different from ethical principles in general. E . are generally less stringent than the ethical principles for society at large because it is well understood that businesses should not be expected to operate any differently than what the law requires of them. 4. The litmus test of a company's code of ethics is A. the degree to which it is connected to a company's statement of core values. B. the extent to which it is embraced in crafting strategy and in the day-to-day operations of the business. C. the extent to which a company's approach to ethical behavior mirrors the ethical principles for society at large. D. based on the rules a company's top management and board of directors make about "what is right" and "what is wrong." E. determined by the ethical behaviors expected of company personnel in the course of doing their jobs.
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5. Which of the following is not a key question that senior executives must ask whenever a new strategic initiative is under review? A. Would the potential outcome of the proposed action pose a risk of embarrassment?
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This note was uploaded on 08/09/2011 for the course STRATGEIC 402 taught by Professor Awadzi during the Spring '11 term at Delaware State.

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Ch9 - ch9 Student 1 Business ethics concerns Adeveloping a consensus among companies worldwide as to what ethical principles that businesses should

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