GBS151 CHP. 2 Test Yourself – Flashcards with Answers
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MATCHING: An application of moral standards to business situations.
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J. Business Ethics
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MATCHING: Provides legal protection for employees who report corporate misconduct.
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G. Sarbanes-Oxley Act of 2002
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MATCHING: A guide to acceptable and ethical behavior as defined by the organization.
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E. Code of Ethics
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MATCHING: All activities under taken to protect the rights of consumers.
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K. Consumerism
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MATCHING: Informing the press or government officials about unethical practices within one's organization.
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A. Whistle-Blowing
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MATCHING: A latin phrase meaning "Let the buyer beware".
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L. Caveat Emptor
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MATCHING: A racial, religious, political, national, or other group of which it is a part.
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D. Minority
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MATCHING: A plan designed to increase the number of minority, employees at all levels within an organization.
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I. Affirmative Action Program
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MATCHING: Workers with little education or vocational training and a long history of unemployment.
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F. Hard-Core Unemployed
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MATCHING: The contamination of water, dirt, or land.
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B. Pollution
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TRUE OR FALSE: The field of business ethics applies moral standards to business situations.
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True
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TRUE OR FALSE: Business ethics rarely involves that application of moral standards to the business activity of a normal company.
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False
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TRUE OR FALSE: The economic model of social responsibility emphasizes the effect of business decisions on society.
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False
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TRUE OR FALSE: Consumerism consists of all activities undertaken to protect the rights of consumers.
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True
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TRUE OR FALSE: Manufacturers are not required by law to inform consumers about the potential dangers of using their products.
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False
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TRUE OR FALSE: Affirmative-action plans encompass all areas of human resources management, including recruiting, hiring, training, promotion, and pay.
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True
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TRUE OR FALSE: Hard-core unemployed workers are those with little education or vocational training.
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True
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TRUE OR FALSE: The EPA was created by the government to develop new improved wats to clean and improve the environment.
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False
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TRUE OR FALSE: Consumers will probably pay in larger part for cleaning up our environment through increased product cost.
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True
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TRUE OR FALSE: A key step in developing and implementing a social responsibility program is the environmental audit.
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False
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MULTIPLE CHOICE: Business ethics;
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B. is the application of moral standards to business situations.
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MULTIPLE CHOICE: Customers expect a firm's products to;
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E. Be safe, reliable, and reasonably priced.
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MULTIPLE CHOICE: Some AIG executives were aware of the financial problems the company was facing and yet failed to reveal this information to the public;
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D. Unethical
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MULTIPLE CHOICE: Bribes are;
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A. Unethical
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MULTIPLE CHOICE: What are three sets of factors that influence the standards of behavior in an organization;
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D. Opportunity, individual factors, social factors.
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MULTIPLE CHOICE: Informing the press of government officials about unethical practices within one's organization is called;
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C. Whistle-blowing
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MULTIPLE CHOICE: Socially responsibility;
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E. Is costly but provides tremendous benefits to society and the business.
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MULTIPLE CHOICE: Caveat Emptor;
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C. Is latin phrase meaning "Let the buyer beware".
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MULTIPLE CHOICE: Where does social responsibility of business have to begin?;
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B. Managment
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MULTIPLE CHOICE: Primary emphasis in the economic model of social responsibility is on;
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D. Production
