Which of the following is a set of processes for creating, communicating, and
delivering value to customers and for managing customer relationships in ways that
benefit the organization and its stakeholders?
a. Procuring
b. Branding
c. Marketing
d. Copywriting
As compared to a traditional compliance-oriented program, an evolved and inclusive
ethics program: a. focuses on meeting regulatory requirements.
b. entails helping to unify a firm’s global operations.
c. strives to minimize risks of litigation and indictment.
d. works mainly toward improving accountability mechanisms.
_____ is that aspect of ethics that is referred to by the phrase ‘personal integrity.’
a. Values
b. Morality
c. Social ethics
d. Norms
Values that are fundamental across culture and theory are called:
a. authentic norms.
b. hypernorms.
c. ethnocentric norms.
d. executive norms.
Which of the following raises questions about justice, law, civic virtues, and political
philosophy?
a. Stipulative ethics
b. Morality
c. Descriptive discipline
d. Social ethics
Reminiscent of the _____ tradition, it is suggested that some animals have the cognitive
capacity to possess a conscious life of their own and people have a duty not to treat
these animals as mere objects and means to their own ends.
a. Kantian
b. virtue ethic
c. neoclassical
d. social web
Which of the following is true of Federal Sentencing Guidelines for boards?
a. The board must be knowledgeable about the objectives and process of the ethics
program rather than simply the mere contents of a training session.
b. The board should avoid exercising reasonable oversight with respect to the
effectiveness and implementation of the ethics program.
c. The board should leave the evaluation of all board policies, procedures, governance
structure, and position descriptions to the executives.
d. The board need not work with executives to analyze the incentives for ethical
behavior.
In a general sense, a business _____ is anyone who affects or is affected by decisions
made within the firm, for better or worse.
a. nominee
b. stakeholder
c. stockholder
d. watchdog
The inability to recognize ethical issues is known as _____.
a. inattentional blindness
b. normative myopia
c. change blindness
d. descriptive ignorance
Knowing what the future must be, creative businesses then look backwards to the
present and determine what must be done to arrive at that future. This process is known
as:
a. backward integration.
b. forecasting.
c. forward integration.
d. backcasting.
Which of the following statements is correct about the implied warranty of
merchantability?
a. It refers to the caveat emptor approach.
b. This standard shifts the burden of proof from producers to consumers.
c. Most courts allow a business to completely disclaim the implied warranty of
merchantability.
d. Many businesses issue a disclaimer of liability, or offer an expressed and limited
warranty to limit their liability.
Which of the following is a disadvantage of monitoring?
a. Monitoring tends to constrain effective performance since it can cause increased
stress and pressure.
b. Monitoring prevents employers from managing their workplaces to place workers in
appropriate positions.
c. Monitoring does not allow managers to ensure compliance with affirmative action
requirements.
d. Monitoring cannot be utilized to prevent the loss of productivity due to inappropriate
technology use.
According to philosopher Norman Bowie, managers have a responsibility to maximize
profits as long as they:
a. respect human rights and cause no harm.
b. contribute to charitable organizations.
c. are confident and do charitable work.
d. adhere to rules and regulations.
According to economist Antonio Argandona, which of the following elements would
include issues relating to company secrets, espionage, and intelligence gathering?
a. Truthfulness and accuracy
b. Respect for property and safety rights
c. Respect for privacy
d. Accountability
Which of the following statements is true of ethical cultures? a. Workplace ethical
cultures have no impact on decision making. b. Subordinates are expected not to act
unless directed by superior authorities. c. Decisions are expected to be taken based on
laws and not on ethical values. d. Employees are expected to act in responsible ways,
even if the law does not require it.
Explain Enterprise Risk Management’”Integrated Framework.
The ultimate goal of _____ is to eliminate waste altogether rather than reducing it.
Why is ‘˜ethics’ considered a normative discipline?
What is control environment?
How are the corporate culture and ethics related in an organization?
The _____ tradition offers a conditional critique of manipulation, depending on the
consequences.