The Federal Sentencing Guidelines for Organizations set the tone for organizational
ethics compliance programs by
a. codifying into law incentives for organizations to take action such as developing
ethical compliance programs
to prevent misconduct.
b. forcing all organizations to develop mandatory reporting systems.
c. eliminating most of the federal legislation that created inefficient and
time-consuming activities for businesses.
d. providing a study of moral philosophies.
e. providing an examination of company codes of ethics.
______________assume(s) that a the market, through its own inherent mechanisms,
will keep commerce in equilibrium.
a. Social democracy
b. Laissez-faire economics
c. Economics
d. Multinational corporations
e. Rational economics
Expert power usually stems from
a. a superior’s credibility with his or her subordinates.
b. the belief that a certain person has the right to exert influence and that certain others
have an obligation to accept it.
c. a person’s ability to influence the behavior of others by offering them something
desirable.
d. a person’s ability to penalize the actions or behavior of another.
e. a person’s perceptions that his or her goals or objectives are similar to another’s.
17.The____is an independent agency within the Federal Reserve System that “regulate[
s] the offering and provision of consumer financial products or services under the
Federal consumer financial laws.”
a. Consumer Financial Protection Bureau
b. Federal Reserve
c. World Trade Organization
d. Department of Justice
e. Federal Trade Commission
Which of the following is notan issue that helps in business ethics evaluations and
decisions?
a. Ethical issue intensity
b. Individual factors
c. Organizational factors
d. Personal guilt
e. Opportunity
____________is one of the country’s greatest sustainability success stories.
a. Water conservation
b. Pollution control
c. Manufacturing
d. Composting
e. Recycling
Which attribute of ethical leaders will not be effective unless the leader is personally
involved in the organization’s
key ethical decisions?
a. Stakeholder compassion
b. Proactive leadership
c. Transparency
d. Moral philosophy
e. Compensation
Which of the following is nota main goal of successful ethics programs?
a. Identify key risk areas that employees will face.
b. Align employee conduct with organizational reputation and branding.
c. Provide a hierarchy of leadership for employees to contact when they are faced with
an ethical dilemma that they do not know how to resolve.
d. Allow employees to solve ethical issues themselves using their best judgment.
e. Allow a mechanism for employees to voice their concerns that is anonymous, but
allows for the provision of feedback to key questions.
Associating with others who are unethical and who have the opportunity to act
unethically can lead to a learning process known as
a. compliance.
b. misconduct.
c. opportunity.
d. differential equations.
e. differential association.
Which of the following is not an article in the UN Human Rights Declaration?
a. Freedom of religion
b. The right to work in favorable conditions
c. The right to electricity and running water
d. The right to a home adequate for health and well-being
e. Mothers and children being entitled to a special level of care
Investigations into the financial rating industry after the financial meltdown of 2008
found all of the following except
a. analysts cut corners when faced with less time to perform due diligence.
b. analysts’ ratings were inaccurate.
c. many high ratings were based on inadequate historical data.
d. analysts were overwhelmed with the volume and complexity of trades.
e. most analysts were completely untrained and unprepared to do their jobs.
Through time an act can come to be viewed as unethical under which of the following
philosophies and perspectives?
a. The relativist perspective b. Teleology
c. Deontology d. Egoism
e. Rule deontology
The specific steps for implementing the stakeholder perspective do not include which of
the following?
a. Identifying stakeholder groups
b. Identifying stakeholder issues
c. Identifying and gaining stakeholder feedback
d. Identifying and gaining government feedback
e. Assessing organizational commitment to social responsibility groups
One policy to address the issue of executive pay was implemented by J.P. Morgan, it
stated that
a. there should be no limit on what top executives can earn.
b. managers should earn no more than twenty times the pay of other employees.
c. top managers should make the same amount as other employees.
d. employees can determine how much managers make.
e. the government should determine the worth of each manager’s service.
A stakeholder orientation is not complete unless it includes
a. clear accounting procedures.
b. major financing activities.
c. marketing strategy.
d. feedback from special-interest groups.
e. activities that actually address stakeholder issues.
Top managers tend to focus on__________ because their jobs and personal identity are
often connected to quarterly returns.
a. financial performance
b. employee satisfaction
c. ethical performance
d. the board of directors’ recommendations
e. adherence to the code of conduct
Some economists believe that if companies address economic and legal issues, they are
satisfying the demands of society, and that trying to anticipate and meet additional
needs would be almost impossible. Which economist’s theory are they following most
closely with this belief?
a. Adam Smith.
b. Theodore Levitt.
c. Norman Bowie.
d. Herman Miller
e. Milton Friedman.
In order for whistle-blowing to be effective,
a. financial compensation must be very high.
b. employees must wish ill on the organization for which they work.
c. lawmakers must make an effort to force employees to discuss details about the
misconduct.
d. it requires that the individual have adequate knowledge of wrongdoing that could
damage society.
e. it must occur at a very large multinational corporation.
Which of the following has the power to enact legally binding ground rules for
international commerce and trade policy?
a. Global Sullivan Principles
b. World Trade Organization
c. Global Sullivan Organization
d. Federal Trade Commission
e. Global Commerce Association