Hum 300 Business Cheat Sheet

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| The most significant influence on ethical behavior in the organization is the opportunity to engage in unethical behavior. | | Selected Answer:| True|
Feedback:| The most significant influence on ethical behavior in the organization is unethical people. |
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  Question 2 | 0 out of 1 points   |
| Although there are many different approaches, there are some steps that have been found effective in managing responsibility and business ethics except for: | | | | | Selected Answer:|    Identifying Stakeholder groups | Feedback:| Steps that have been found effective in managing responsibility and business ethics include assessing the corporate culture, identifying Stakeholder groups, identifying Stakeholder issues, assessing Organizational Commitment to Social Responsibility, identifying resources and determining urgency, and gaining stakeholder feedback. |

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  Question 3 | 0 out of 1 points   |
| Studying business ethics is valuable for several reasons except: | | | | | Selected Answer:|    A high level of personal moral development may not prevent an individual from violating the law in an organizational context | Feedback:| The other key factor in ethical decision-making is that the values people learn from other sources may not provide specific guidelines for complex business decisions; there are no concrete guidelines for making ethical-decisions in all circumstances. |

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  Question 4 | 1 out of 1 points   |
| Globally, businesses are also working more closely together to establish standards of acceptable behavior | | | | | Selected Answer:| True|
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  Question 5 | 1 out of 1 points   |
| Stakeholders provide resources that are more or less critical to a firm's long-term success. | | | | | Selected Answer:| True|
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  Question 6 | 1 out of 1 points   |
| The stakeholder perspective is useful in managing social responsibility and business ethics. | | | | | Selected Answer:| True|
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  Question 7 | 0 out of 1 points   |
| Boards of Directors are concerned primarily with monitoring the decisions made by executives on behalf of the company, with 3 specific duties. | | | | | Selected Answer:| True|
Feedback:| There are 2 specific duties of Directors, accountability and executive compensation. |
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  Question 8 | 1 out of 1 points   |
| There is ample evidence that being ethical pays off with better sales but not necessarily higher profits. | | | | | Selected Answer:| False|
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  Question 9 | 1 out of 1 points   |
| Among the rewards for being more ethical and socially responsible in business are all but: | | | | | Selected Answer:|    increased investor reluctance to entrust funds |
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  Question 10 | 1 out of 1 points   |
| Employee commitment comes from employees who believe their future is tied to that of the organization and their willingness to make personal sacrifices for the organization. | | | | | Selected Answer:| True|

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 Question 1 | 1 out of 1 points   |
| Three primary stakeholders are customers, special-interest groups, and the media. | | | | | Selected Answer:| False|
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  Question 2 | 1 out of 1 points   |
| Boards of Directors are concerned primarily with monitoring the decisions made by executives on behalf of the company, with 3 specific duties. | | | | | Selected Answer:| False|
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  Question 3 | 1 out of 1 points   |
| Business ethics contributes to investor loyalty. | | | | | Selected Answer:| True|
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  Question 4 | 1 out of 1 points   |
| Regardless of what an individual believes about a particular action, if society judges it to be unethical or wrong it is often what determines whether a specific action is right or wrong and ethical or...
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