QUESTION When Mario was hired at a software company, he had to sign a nondisclosure agreement. Nondisclosure agreements are an example of what? A) ethical performance contracts B) incentive-based ethics codes C) compliance-based ethics codes D) integrity-based ethics codes E) whistleblower agreements ANSWER Answer: C Explanation: C) Compliance-based ethics codes attempt to prevent criminal […]
QUESTION How is making a profit incorporated into Carroll’s global social responsibility pyramid? A) It is defined as shareholder responsibility. B) It is defined as legal responsibility. C) It is defined as economic responsibility. D) It is defined as philanthropic responsibility. E) It is defined as ethical responsibility. ANSWER Answer: C Explanation: C) By […]
QUESTION Which of the following lists the elements of Carroll’s global corporate social responsibility pyramid in order from highest to lowest priority? A) be a good corporate citizen > obey the law > make a profit > be ethical B) make a profit > be ethical > obey the law > be a good corporate […]
QUESTION Each of the following activities is considered both illegal and unethical EXCEPT which? A) consumer fraud B) cash payments to avoid taxes C) cancelling a company retirement plan D) embezzlement E) sexual harassment ANSWER Answer: C Explanation: C) Cancelling a company’s retirement plan may be unethical, but it is legal.
QUESTION Which of the following is subject to formalized enforcement by a controlling authority? A) laws B) ethics C) morals D) values E) social responsibility ANSWER Answer: A Explanation: A) Laws are rules of conduct or action formally recognized as binding or enforced by a controlling authority.
QUESTION Jack and several of his workmates are wearing bright yellow shirts with their company’s logo as they run a 10K team race to help raise money for cancer research. What is Jack’s company demonstrating? A) compliance promotion B) corporate citizenship C) ethical responsibility D) family values E) stakeholder awareness ANSWER Answer: B Explanation: […]
QUESTION Which of the following is an example of enforcement of ethical business behavior by a controlling authority? A) company ethic guidelines B) boycott by an interest group C) newspaper editorial by church leaders D) child labor laws E) concert promoting fair wages ANSWER Answer: D Explanation: D) While all of the options exert […]
QUESTION Martin and Helen are discussing their options if they learned private information about an unpopular coworker that would advance their careers at the colleague’s expense. Martin says he might capitalize on the opportunity, but Helen says she wouldn’t under any circumstances. Helen may be exhibiting what kind of behavior? A) some false bravado B) […]
QUESTION Illegal behavior can impact a company’s profits. Indicate whether the statement is true or false. ANSWER Answer: TRUE Explanation: A company’s illegal behavior can lower its stock price and sales. Employee fraud also costs companies about 5 percent of earnings.
QUESTION Being a good corporate citizen is at the top of Carroll’s social responsibility pyramid. What does Carroll believe compels businesses to practice this behavior? A) legal requirements and regulations B) ethical demands C) societal expectations D) opportunities for profit E) values-based interest groups ANSWER Answer: C Explanation: C) Carroll believes that people today […]
