Business Ethics Quiz
Exam Chapters 9 and 10 1. When operating a business in the current environment, holding on to a promise to run an ethical business can be very challenging. 2. Globalization can be seen to have an upside and a downside. 3. All of the following are arguments advocates use to promote the downside of globalization, except: globalization brings unprecedented improvements in wealth and standards of living. 4. Which of the following is NOT an objective of departmental ethics training? Comparing the ethical issue to the code of ethics. 5. International markets represent all of the following, except: falling stock prices 6. Enforcing ethical behaviors once the cross national boundaries is extremely difficult. 7. Developed
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Which of the following is NOT a characteristic of the market? Patient stockholders 10. Global Compact is a voluntary corporate citizenship initiative endorsing 10 key principles that focus on four main areas of concern: the environment, anticorruption, the welfare of workers around the world, and global human rights. 11. For those advocates of global ethics, this means that a(n) flexible solution has to be found. 12. Any questionable behavior in overseas markets can be explained away using the concept of utilitarianism. 13. When events and/or a fear of future events drive a company, this refers to reactive ethical policies. 14. Which of the following is NOT a consideration in creating a code of ethics from scratch? Get endorsement from management from various levels 15. Transparent organization policies refer to organizations that maintain open and honest communications with all stakeholders. 16. Any questionable behavior in overseas markets can be explained away using the concept of utilitarianism. 17. For less-developed nations, the concept of globalization has a different meaning. 18. When events and/or a fear of future events drive a company, this refers to reactive ethical …show more content…
Even though we are now seeing the development of larger trading blocs as neighboring countries, the individual countries with trading blocs are not disappearing. TRUE 38. A well-written code of ethics can establish a detailed guide to acceptable behavior. TRUE 39. Impatient stockholders are a common characteristic of the market. TRUE 40. The chief responsibility of an ethics officer is assessing/reviewing vulnerabilities. FALSE 41. Proactive ethical policies are policies that result when events and/or fear of future events influence an organization. FALSE 42. For an ethical culture to be sustainable, it has to be written in a formal corporate document. FALSE 43. The term globalization only has applications in economic and political environments. FALSE 44. The term globalization has the same meaning for both developed and less developed countries. FALSE 45. When a company develops a clear sense of what it stands for as an ethical organization, it has created a reactive ethical policy. FALSE 46. Most CEOs describe the market as having the same set of characteristics. TRUE 47. Conservative competitors are a common characteristic of the market.
Which of the following is NOT a characteristic of the market? Patient stockholders 10. Global Compact is a voluntary corporate citizenship initiative endorsing 10 key principles that focus on four main areas of concern: the environment, anticorruption, the welfare of workers around the world, and global human rights. 11. For those advocates of global ethics, this means that a(n) flexible solution has to be found. 12. Any questionable behavior in overseas markets can be explained away using the concept of utilitarianism. 13. When events and/or a fear of future events drive a company, this refers to reactive ethical policies. 14. Which of the following is NOT a consideration in creating a code of ethics from scratch? Get endorsement from management from various levels 15. Transparent organization policies refer to organizations that maintain open and honest communications with all stakeholders. 16. Any questionable behavior in overseas markets can be explained away using the concept of utilitarianism. 17. For less-developed nations, the concept of globalization has a different meaning. 18. When events and/or a fear of future events drive a company, this refers to reactive ethical …show more content…
Even though we are now seeing the development of larger trading blocs as neighboring countries, the individual countries with trading blocs are not disappearing. TRUE 38. A well-written code of ethics can establish a detailed guide to acceptable behavior. TRUE 39. Impatient stockholders are a common characteristic of the market. TRUE 40. The chief responsibility of an ethics officer is assessing/reviewing vulnerabilities. FALSE 41. Proactive ethical policies are policies that result when events and/or fear of future events influence an organization. FALSE 42. For an ethical culture to be sustainable, it has to be written in a formal corporate document. FALSE 43. The term globalization only has applications in economic and political environments. FALSE 44. The term globalization has the same meaning for both developed and less developed countries. FALSE 45. When a company develops a clear sense of what it stands for as an ethical organization, it has created a reactive ethical policy. FALSE 46. Most CEOs describe the market as having the same set of characteristics. TRUE 47. Conservative competitors are a common characteristic of the market.