Course Hero Logo

Teacher Resource 7.1 Quiz Bus.docx - Teacher Resource 7.1...

Course Hero uses AI to attempt to automatically extract content from documents to surface to you and others so you can study better, e.g., in search results, to enrich docs, and more. This preview shows page 1 - 3 out of 3 pages.

Teacher Resource 7.1Quiz: Government Regulation andSocial ResponsibilityStudent Name: Jaden NixonDate: 10/27/20Directions: Respond to the questions below in complete sentences.1.Why is it necessary to regulate business?
2.How did the US Sentencing Commission make businesses more accountable for the ethicalbehavior of their employees?
3.Explain why the Sarbanes-Oxley Act was passed, and describe one way it helps to prevent ethics

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 3 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
Farrell
Tags
Business Ethics, company policy

Unformatted text preview: violations. It closed loopholes that allowed public companies to defraud investors (hurt them financially) 4. How do the US Federal Sentencing Guidelines make sure that companies have effective codes of ethics in place? They assign the companies a set of rules they must follow and someone normally inspects the company every once in a while to make sure they follow them. 5. What does it mean for a business to be socially responsible ? Being socially responsible is to conduct business while also trying to keep it ethical with thought towards the people or cultural, economic and environmental problems. 6. Name two types of programs that businesses may have as part of their corporate social responsibility efforts. Apple Amazon...
View Full Document

Newly uploaded documents

Show More

Newly uploaded documents

Show More

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture