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SOCR-2

The document contains answers to a quiz on business ethics, highlighting various unethical practices, the importance of ethical culture, and the relationship between ethics and sustainability. It emphasizes that merely having a code of ethics is insufficient for ensuring ethical behavior, and outlines the responsibilities of firms in promoting ethical decision-making. Additionally, it discusses the implications of workplace romance, the significance of sustainability reports, and the consequences of bad ethics on strategic plans.

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56 views

SOCR-2

The document contains answers to a quiz on business ethics, highlighting various unethical practices, the importance of ethical culture, and the relationship between ethics and sustainability. It emphasizes that merely having a code of ethics is insufficient for ensuring ethical behavior, and outlines the responsibilities of firms in promoting ethical decision-making. Additionally, it discusses the implications of workplace romance, the significance of sustainability reports, and the consequences of bad ethics on strategic plans.

Uploaded by

mandocdoc.michaela.cobspcf
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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SOCR Exercise 2 Answers (correct answers - **)

QUIZLET:
1. Which of the following business actions is considered to be unethical?
A) Having satisfactory product or service safety
B) Selling products in foreign markets
C) Providing equal opportunities for women and minorities
D) Filing expense accounts
E) Misleading labeling **

2. Unethical activities that plague online commerce include all of the following EXCEPT
A) inappropriate gifts. **
B) spreading viruses.
C) identity theft.
D) Internet fraud.
E) hacking into company computers.

3. Simply having a code of ethics


A) will ensure ethical business behavior.
B) eliminates the need for periodic ethics workshops.
C) is all that is necessary to sensitize people to workplace circumstances in which ethics issues
may arise.
D) is insufficient to guarantee that employees behave in an ethical manner. **
E) secures an ethics culture in the workplace.

4. Which of the following is NOT a way that companies can help create an ethical culture in their
organization?
A) Outlining ethical expectations
B) Giving examples of ethical situations that commonly occur in their businesses
C) Providing code-of-conduct manuals
D) Creating interactive exercises that pose hypothetical ethical dilemmas
E) Discouraging whistle-blowing **

5. ________ refers to policies that require employees to report any unethical violations they
discover
or see in the firm.
A) Whistle-blowing **
B) Bribery
C) Adultery
D) Sustainability
E) Stewardship
6. Responsibility for encouraging ethical decision making and ensuring ethical behavior in a firm
lies with

A) only a firms strategists.


B) only a firms managers.
C) only a firms shareholders.
D) both a firms strategists and its managers.**
E) neither a firms strategists nor its managers.

7. More and more firms believe that ethics training and an ethics culture
A) are socially irresponsible.
B) are admirable but damage a firms competitive positioning.
C) are costly and provide no practical benefit to the company.
D) create strategic advantage. **
E) can tarnish the reputation of a firm.

8. Firms can align ethical and strategic decision making by


A) omitting ethical considerations from long-term planning.
B) excluding ethical decision making from the performance appraisal process.
C) discouraging whistle-blowing.
D) monitoring departmental and corporate performance regarding ethical issues. **
E) All of the above

9. Bribery involves
A) bestowing a gift to influence the recipients conduct. **
B) requiring employees to report any unethical violations they discover or see in the firm.
C) prohibiting love affairs between bosses and their subordinates.
D) encouraging firms to play a role in curing society of its ills.
E) forcing companies to take responsibility for the impact their actions have on society.

10. Firms should strive to engage in social activities that


A) have economic benefits. **
B) have no economic benefits.
C) are detrimental to economic growth.
D) drain financial resources.
E) garner goodwill only, not profits.

11. If a firm has a bad sustainability record this will


A) help a firm in the market.
B) improve a firms standing in the community.
C) cause investors to closely scrutinize the firm. **
D) deflect the scrutiny of a firm by environmentalists.
E) release the firm from governmental reporting obligations.
12. It is ________ for a business to provide a sustainability report annually to the public.
A) good business **
B) irresponsible
C) a decreasing trend
D) unethical
E) poor planning

13. All of the following are reasons that workplace romance can be detrimental to workplace
morale
and productivity EXCEPT
A) favoritism complaints can arise.
B) personal arguments can lead to work arguments.
C) whispering secrets can lead to tensions and hostilities among coworkers.
D) increased quality and quantity of work can occur. **
E) sexual harassment charges may ensue, either by the involved female or a third party.

14. What challenge facing all organizations requires managers to formulate strategies that
preserve
and conserve natural resources and control pollution?
A) Economic
B) Ecological **
C) Compensational
D) Benchmarking
E) Sociological

15. A proactive environmental policy is likely to lead to


A) higher cleanup costs.
B) conservation of energy. **
C) reduced customer loyalty.
D) numerous liability suits.
E) higher medical costs.

16. Which is not one of the outcomes in Consequentialism?


A. Utilitarian
B. Altruist
C. Egoist
D. Ethicist

17. Advocating and Challenging Ethical Altruism are the following except_______.
A. Acceptability.
B. Clarity and simplicity.
C. Flexibility.
D. Shortchanging yourself.
18. Business Ethics means providing reasons for how things ought to be in the economic world.
This requires the following except_______.
A. Arranging values to guide decisions.
B. Understanding the facts.
C. Contradicting the norms. **
D. Constructing arguments.

19. A right in ethics is a justified claim against others and is characterized as the following
except_______.
A. Accepted
B. Universal
C. Inalienable
D. Equal

20. Business ethics deals with the following except _______


A. Arguments.
B. Values
C. Takeaways
D. Facts

21. Business ethics, ________, and sustainability issues are interrelated and impact all areas of
the comprehensive strategic-management model.
A) social responsibility **
B) social networking
C) fiscal irresponsibility
D) cultural indifference
E) None of the above

22. Sustainability refers to the extent that an organization's operations and actions
________ the natural environment.
A) protect
B) mend
C) preserve
D) reflect good stewardship of
E) All of the above **

23. Workplace romance:


A) is defined as unwelcome sexual advances, requests for sexual favors, and other verbal or
physical conduct of a sexual nature.
B) is defined as illegal by the Equal Employment Opportunity Commission.
C) should be strictly forbidden by organizations.
D) simply happens so organizations should determine how to best manage the phenomena.
E) is an intimate relationship between two employees, one of whom is not consenting.
24. Bad ethics can ________ strategic plans.
A) derail all but the best
B) derail even the best **
C) derail only poorly-intentioned
D) derail only ill-conceived
E) never affect

25. All of the following business actions are considered to be unethical EXCEPT
A) moving jobs overseas.
B) preventing environmental harm. **
C) overpricing.
D) sexual harassment.
E) insider trading.

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