Reference no: EM132265759
1. A code of ethics:
is all that is necessary to sensitize people to workplace circumstances in which ethics issues may arise.
secures an ethics culture in the workplace.
eliminates the need for periodic ethics workshops.
is insufficient to guarantee that employees behave in an ethical manner
will insure ethical business behavior.
2. Which of the following is NOT a way that companies can help create an ethical organizational culture?
Installing procedure to reprimand unethical conducts
Including a code-of-ethics in the employee handbook
Offering ethics training courses for employees
Prohibiting whistle-blowing
3. Communicating ethical expections from the top to the bottom of the company's hiearchy Bribery involves:
bestowing a gift to influence the recipient's conduct.
requiring employees to report any unethical behaviors they witness in the firm.
forcing companies to take responsibility for its decisions.
prohibiting romantic affairs between supervisors and their subordinates.
encouraging firms to play a role in solving social problems.
4. A contract entered into by an intoxicated person is always valid.
True
False
5. An intended third party beneficiary cannot enforce the contract against the original parties once the rights of the third party have vested:
True
False
6. Avoiding the enforcement of a standard-form contract is not possible:?
False
True
7. All of the following business actions are considered unethical EXCEPT
insider trading
sexual harassment
misleading labelling
selling banned or flawed products overseas
filing expense accounts