Business Ethics Exam 2 – Flashcards

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The unspoken understanding among employees of what is and is not acceptable behavior is called:
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Ethical climate
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Which ethical criterion is described by the idea that a company should strive for efficiency?
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Egoism
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All of the following are commitments of the Principles of the Code of Professional Conduct of the American Institute of Certified Public Accountants except:
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Due Process
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Building ethical safeguards into a company's everyday routines is called:
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Institutionalizing ethics
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A company that channels employee behavior in a lawful direction by emphasizing the threat of detection and punishment is:
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Operating under the compliance-based approach
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Integrity-based ethics programs:
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Combines concern for the law with an emphasis on employee responsibility.
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Ethics policies typically cover all of the following issues except:
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Encouraging discriminatory personnel practices.
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Typically, ethics training is offered to:
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Managers
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The critical component in installing an effective ethics program is:
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The integration of various ethics safeguards into a comprehensive program.
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Recipients of the corporate ethics awards show that:
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Firms can be financially successful and ethically focused.
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refers to putting an organization's commitment to social and environmental responsibility into practice worldwide, not only locally or regionally.
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Global Corporate Citizenship
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Good corporate citizens:
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AOB Strive, balance and protect
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Asian Forum on Corporate Social Responsibility gives awards for excellence in:
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AOB Environmental, Poverty, and Education
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According to Philip H. Mirvis' and Bradley K. Googins' model, how many stages are there of global corporate citizenship?
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Five
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Companies see the need to build more coherent initiatives as they move into the:
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Integrated stage
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Managers responding to the needs of the local education system as a normal or routine aspect of its operations is an example of an organization in the:
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Transforming stage
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Which of the following organizations have developed standards to judge corporate performance?
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International Organisation for Standards
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Global audit social standards concentrate on:
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AOB Internally Firm, Externally environment, Externally stakeholders
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Financial, social and environmental results are reported together in a firm's:
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Triple bottom line report
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Government's role is to create and enforce laws that:
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Balance the relationship between business and society.
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Governments hold the power to:
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Grant or refuse permission for many types of business activity.
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Cooperation between business and government often occurs when:
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They encounter a common problem or enemy.
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When a government orders companies not to conduct business in another country because of a war, human rights violations, or lack of a legitimate government; these orders are called:
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Economic sanctions.
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Public policy is a basic set of goals, plans and actions undertaken by:
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A government.
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Past decisions of the courts, the original basis for the U.S. legal system, are called:
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Common laws.
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Public policy tools involve a combination of:
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Incentives and penalties
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By raising and lowering the interest rates at which private banks borrow money from the government, the Federal Reserve Bank:
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AB Influences money supply and size of dollar
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The primary way of accomplishing public policy is through:
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Regulation
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Deregulation is often:
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A politically popular idea
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Public backlash in the Treyvon Martin case in which a black teenager was shot to death and his assailant defended his actions by claiming protection under Florida's "stand your ground" law prompted:
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Businesses to distance themselves from the American Legislative Exchange Council
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Public policies and government regulations are shaped by:
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AOB Business, Special Interest, Government
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A corporate political strategy does not:
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Determine the legal limits allowed for campaign financing.
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To influence government policymakers' actions, an information strategy involves:
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Business leaders speaking before government policymakers.
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A common tactic in a financial-incentive political strategy is:
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Political contributions.
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The information strategy tool most used by business is:
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Lobbying
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Businesses promote an information strategy by inviting government leaders to:
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AOB Visit, attend, speeches
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According to the textbook, under the existing U.S. campaign contributions law, individuals can contribute:
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Up to $2,500 to any candidate per election.
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According to the textbook, under the existing U.S. campaign contribution law, individuals:
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Can give more to PACs, and PACs can give more to each candidate depending on their number of contributors.
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Trade associations are:
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Coalitions of companies in the same or related industries.
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