Reference no: EM132308381
1. Companies are required by law to be ethical.
True
False
2. If you are a whistle-blower there is a good chance you will get fired.
True
False
3. Making decisions for a company is ultimately a one-person responsibility in the hands of an executive because leaders of an organization set an ethical example for the rest of the organization, often have veto power and answer for the mission of the company. An example of this was the role played by the chairman of Exxon, Lawrence Rawl in 1989.
True
False
4. In the modern world, cultural differences do not really affect the conduct of business.
True
False
5. Which of the following tools will not provide solid guidelines for ethical behavior within a company?
a. A code of ethics
b. A corporate watchdog group
c. A mission statement that emphasizes both profit making and ethics
d. A code of conduct
6. Business ethics is ______________________.
a. the impact of moral decisions on the business environment
b. the practice of high moral values in a business environment
c. the study of moral principles and conduct within a business environment
d. setting a good example that follows a business code of conduct
7. Many companies that have focused on eco-efficiency have discovered that doing more with less can lead to ___________________.
a. an impact on the disastrous results of climate change
b. advances in the efforts to reduce coal-fired emissions
c. positive media coverage in response to proactive resource management
d. a competitive advantage due to an increase in resource productivity
8. Ethical standards relating to business practices are fairly consistent around the world.
True
False