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Exam 4: Demanding Ethical and Socially Responsible Behavior

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Question 111

True/False

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Cigarette producers label their products with warnings of potential health hazards. Due to the fact that this is a government mandated disclosure, it is part of the industry's compliance-based ethics.

A) True
B) False

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Question 112

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Trying to make decisions that will benefit all parties involved is consistent with the question "How will it make me feel about myself?"

A) True
B) False

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Question 113

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An ethic of justice is based on a sense of responsibility to reduce actual harm or suffering.

The Making Ethical Decisions box titled, "To Tube or Not to Tube?" demonstrates how new technology can change the landscape, and people's perspectives on what is legal and what is ethical.

Management can create an environment in which unethical behavior can develop.

refers to standards of moral behavior.

All else held equal, socially responsible firms:

A growing number of people feel that an employee's ethics are a personal matter, and have nothing to do with management.

Compliance-based ethics codes focus on preventing unlawful behavior by increasing control and by penalizing wrongdoers.

In the Making Ethical Decisions box, "To Tube or Not to Tube?" about loading videos onto YouTube, the author makes the point that the dilemma facing all parties involved is legal, but not ethical.

Business behavior determines the ethics of society. We can improve society's moral and ethical behavior by first making a commitment to improving business's moral and ethical behavior.

A whistleblower is a person who:

The Enron scandal revealed corporate behavior.

Defining a socially responsible company is complicated. Businesses differ from other businesses, as well as the people they serve, on what we mean by "socially responsible."

When working with international firms, U.S. businesses:

Moral behavior refers to behavior that is accepted by society as right versus wrong.

A charitable donation contributed by a corporation is an example of corporate philanthropy.

With respect to Arthur Anderson, a large and well-known public accounting and consulting firm, the Legal Briefcase box, "Paying the Price" explains:

In light of the fact that over 60% of all theft in retail stores is committed by employees, New Generations Clothier, Inc., requires that managers personally unlock fitting rooms for all sales associates and count the number of items associates take to the fitting rooms. This policy is written in the company manual. Breaking with the policy is grounds for dismissal. It is correct to say that this is part of New Generations' compliance-based ethics.

Business issues such as minority hiring practices and pollution control fall under the umbrella of corporate responsibility.