The human resource function within an organization should ideally be directly involved
in marketing the organization’s products.
Answer:
The country of Cadmia was hit by a hurricane. Singerz Corporation responded to the
devastation caused by the hurricane by donating fuel for transportation supplying relief
aid. In addition, it announced direct cash donation of $1 million to support the relief and
rebuilding efforts. This is an example of strategic corporate social responsibility (CSR).
Answer:
As per the UN Global Compact, businesses should support a precautionary approach to
environmental challenges.
Answer:
The King II report formally recognized the need to move the stakeholder model forward
and to consider a triple bottom line instead of a single bottom line of profitability.
Answer:
As an oversight board, the Public Company Accounting Oversight Board (PCAOB) was
charged with maintaining compliance with established standards and enforcing rules
and disciplinary procedures for those organizations that found themselves out of
compliance.
Answer:
At the lowest level of moral development, a person’s response to a perception of right
and wrong is initially directly linked to the expectation of punishment or reward.
Answer:
Celebrating and rewarding the ethical behavior demonstrated by an organization’s
employees is the last stage in making ethical behavior sustainable for an organization.
Answer:
The Cadbury report on corporate governance dealt exclusively with external
governance.
Answer:
Sending digitized information across fiber-optic wires raises no ethical questions.
Answer:
Workplace technology has changed dramatically over the last two decades.
Answer:
External whistle-blowing occurs when an employee brings the misconduct of the
organizationthat he or she is employed byto the attention of law enforcement officials.
Answer:
In an organization, the commitment to ethical behavior must be documented in a code
of ethics, so that everyone begins from the same starting point.
Answer:
The Kyoto Protocol requires developed nations to reduce their greenhouse gas
emissions only by modifying their domestic industries.
Answer:
Which of the following isTRUE of the standard of corporate governance?
A. It is a set of guidelines that has been universally adopted by all business
organizations.
B. It does not ensure that an organization’s officers fulfill their obligations to
stakeholders.
C. It focuses on establishing a leadership pipeline for an organization.
D. It appears to be at its lowest level in recent business history.
Answer:
The Ethics Resource Center defines a code of ethics as a central guide to support
day-to-day decision making at work.
Answer:
The guidelines set down by the Organization for Economic Cooperation and
Development are legally binding.
Answer:
In order to minimize an organization’s culpability score, the Federal Sentencing
Guidelines for Organizations prescribes that its employees be granted absolute
discretionary authority.
Answer:
Cyberliability results in litigation for harassment through spam, obscenity, and
pornography.
Answer:
Which of the following statements isTRUE of the financial functions of an
organization?
A. The finance function of an organization can be divided into two distinct areas:
primary activities and support activities.
B. The auditing function involves receiving money from customers and using that
money to pay employees, suppliers, and all other creditors (taxes and the like), with
hopefully enough left over to create a profit that can be either reinvested back into the
business or paid out to owners/shareholders.
C. The financial transactions function offers certification of an organization’s financial
statements, or “books,” as being accurate by an impartial third-party professional.
D. The accounting function keeps track of all those financial transactions by
documenting the money coming in and money going out and balancing the accounts at
the end of the period.
Answer:
The concept of an ethical culture was recognized, for the first time, as a foundational
component of an effective compliance program under the Revised Federal Sentencing
Guidelines for Organizations.
Answer:
Thin consent leaves employees with little choice regarding the monitoring of their web
activity at the workplace.
Answer:
Happiness and health are examples of instrumental values that are pursued to reach
another value.
Answer:
Under the Foreign Corrupt Practices Act, payments to foreign officials made in
connection with the promotion or demonstration of company products or services are
legal.
Answer:
Which of the following isTRUE of the three principles for resolving an ethical
dilemma?
A. They predict the behavior of other people involved in the situation.
B. They don’t offer a perfect solution or resolution for every situation.
C. They need to be applied simultaneously in order to be effective.
D. They can only be applied to situations involving personal issues.
Answer:
The Whistleblower Protection Act of 1989 applied only to _____ employees.
Answer:
Explain the stages for making ethical behavior sustainable for an organization.
Answer:
A well-written _____ establishes a detailed guide to acceptable behavior in an
organization.
Answer:
The _____ department carries the responsibility of corporate compliance to all
prevailing employment legislation.
Answer:
_____ refers to a set of personal principles formalized into a code of behavior.
Answer:
How did the digitizing of information lead to the establishment of call centers in other
countries?
Answer:
According to the modern social contract approach, by recognizing stakeholders rather
than just their _____, corporations must maintain a long-term perspective than just
delivering quarterly earnings numbers.
Answer:
The involvement of individual shareholders as owners of an organization helps increase
the _____ of managers.
Answer:
Discuss the term whistle-blower. Describe the two types of whistle-blowers.
Answer:
The _____ department should ensure that leadership selection and development
processes include an ethics component.
Answer:
As a message to its stakeholders, an organization’s _____ should represent a clear
corporate commitment to the highest standards of ethical behavior.
Answer:
Discuss the Federal Sentencing Guidelines for Organizations.
Answer:
Many companies’ annual reports reflect a _____ approach that includes updates on their
social and environmental activities in addition to their bottom-line financial
performance.
Answer:
_____ is the final step in the three-step process for solving an ethical problem.
Answer:
The _____ represents a more governmental approach to the same issues featured in the
UN’s nongovernmental Global Compact.
Answer:
According to Joseph F. Keefe, _____ is a major trend behind the corporate social
responsibility phenomenon that does not allow companies to conceal their business
practices.
Answer:
_____ implies that an organization is responsible for meeting all its legal and social
obligations.
Answer:
Under the FSGO, the _____ is a fine that is set high enough to match all the
organization’s assets and basically put the organization out of business.
Answer:
The OECD Guidelines for Multinational Enterprises represent a more _____ approach
to the same issues featured in the UN’s nongovernmental Global Compact.
Answer:
_____ CSR is the most legitimate type of corporate social responsibility (CSR).
Answer: