Chapter 3

Question 1

Define business ethics

Answer 1

Acceptable levels of behavior for each individual who makes up the organization.

Question 2

All of the following are examples of results of unethical actions expect:
A. Recruitment & retention problems
B. Lower employee salaries
C. Negative employee relations
D. Poor company reputation

Answer 2

Lower employee salaries

Question 3

According to Kimberlee Leonard of the Housing Chronicle the elements that belong in a Code of Conduct for a company include all of the following except:
A. Office Hours
B. Professional behaviors
C. Regulatory ethics
D. Legal considerations

Answer 3

Office hours

Question 4

Where did the term Corporate Responsibility originate?

Answer 4

By a book about Corporate Responsibility of the Businessman, published in 1953.

Question 5

The 3 dimensions of the triple bottom line include all of the following except:
A. Profits
B. People
C. Planet
D. Promotion

Answer 5

Promotion

Question 6

Who decides the business ethics for a company?

Answer 6

Leadership

Question 7

The benefits of Corporate Responsibility for a business include:
A. Talent attraction
B. Consumer influence
C. Improved perception by investors
D. All of the above

Answer 7

All of the above.

Question 8

Ethical rules can be based on an organization’s deep values, which may include:
A. Commitment to customers
B. Community engagement
C. Quality of products and services
D. All of.the above

Answer 8

All of the above