Question 1

The American Institute of Certified Public Accountants Code directs accountants to be responsible to their clients and their profession,but not to the public.

Accepted Answer

A) True 
 B)False

Question 2

How are firms honored for their efforts to create an ethical climate? Provide examples of role model companies and what efforts they took to develop effective ethics programs.

Accepted Answer

Firms are honored for their efforts to c...

Question 3

All of the following are considered to be ethical issues for marketing professionals except:

Accepted Answer

A)   Fostering trust in the marketing system.
B)   Embracing ethical values.
C)   Doing no harm.
D)   Ignoring market fair dealing.E) A) and B)
F) All of the above

Question 4

The most effective ethics programs utilize which of the following?

Accepted Answer

A)   Written policy.
B)   Posters.
C)   Quick reference guides.
D)   All of the above.E) None of the above
F) B) and D) D

Question 5

Describe how a firm might implement the "Say No Toolkit" to help combat corruption.How could potential employee resistance be overcome? Could there be any downsides to using the tool? In what ways could the firm benefit?

Accepted Answer

The "Say No Toolkit" is a set of guideli...

Question 6

The unspoken understanding among employees of what is and is not acceptable behavior is called:

Accepted Answer

A)   Ethical climate.
B)   Efficiency.
C)   Success.
D)   Rites and rituals.E) B) and C)
F) C) and D)

Question 7

A member of the Chartered Financial Analyst Institute (CFA) must:

Accepted Answer

A)   Promote the integrity of and uphold the rules governing global capital markets.
B)   Act with integrity, competence, diligence, respect, and in an ethical manner with the public.
C)   Maintain and improve their professional competence.
D)   All of the above.E) A) and D)
F) B) and C) D

Question 8

A giant step is taken toward improving ethical performance throughout the company when:

Accepted Answer

A)   The firm hires a university ethics professor to lecture employees on moral philosophy.
B)   The Justice Department launches an investigation of the firm's pricing practices.
C)   Senior-level managers signal to employees that they believe ethics is a high priority.
D)   A consumer hot line is created and staffed 24 hours a day.E) All of the above
F) B) and C)

Question 9

In a benevolence ethical climate,the interests of the company's employees and external stakeholders most likely would be given high priority.

Accepted Answer

A) True 
 B)False

Question 10

Integrity-based ethics programs:

Accepted Answer

A)   Seeks to avoid legal sanctions.
B)   Combines concern for the law with an emphasis on employee responsibility.
C)   Threatens employees with punishment for non-compliance with the ethics program.
D)   Are predominately implemented within the European Union.E) A) and C)
F) B) and C)

Question 11

Which country recently enacted new laws to counter bribery and corruption?

Accepted Answer

A)   Russia.
B)   Somalia.
C)   Brazil.
D)   Argentina.E) All of the above
F) None of the above

Question 12

Which company ethics safeguard is commonly implemented as an employee "helpline"?

Accepted Answer

A)   Top management commitment.
B)   Code of ethics.
C)   Reporting mechanisms.
D)   Compliance tracking.E) A) and C)
F) A) and B)

Question 13

It is impossible for multiple ethical climates to exist within one organization.

Accepted Answer

A) True 
 B)False

Question 14

Define ethical climate.Discuss the differences and similarities among the ethical climates outlined in the textbook.

Accepted Answer

An ethical climate refers to the prevail...

Question 15

Which ethical criterion is described by the idea that a company should strive for efficiency?

Accepted Answer

A)   Egoism.
B)   Benevolence.
C)   Principle.
D)   Business-centered.E) C) and D)
F) B) and D)

Question 16

All ethics issues in business are the same.

Accepted Answer

A) True 
 B)False

Question 17

Ethisphere Magazine recognizes and rewards ethical leadership and business practices worldwide according to their:

Accepted Answer

A)   Regulatory Percentage Track (RPT) .
B)   Ethics and Leadership Radar (ELR) .
C)   Quality Measurement (QM) .
D)   Ethical Quotient (EQ) .E) B) and C)
F) A) and D)

Question 18

A company that channels employee behavior in a lawful direction by emphasizing the threat of detection and punishment is:

Accepted Answer

A)   Operating under the compliance-based approach.
B)   Practicing "tone at the top."
C)   Operating under the integrity-based approach.
D)   Operating under the instrumental policy approach.E) A) and B)
F) None of the above A

Question 19

The critical component in installing an effective ethics program is:

Accepted Answer

A)   To allow all employees the freedom to act as they wish.
B)   In hiring an expensive ethics consultant.
C)   The integration of various ethics safeguards into a comprehensive program.
D)   Maintaining the position as the industry sales leader.E) None of the above
F) A) and B)

Question 20

Define bribery.Explain why certain countries are less likely to participate in such acts.

Accepted Answer

Bribery is the act of offering, giving, ...

Exam 6: Organizational Ethics

The American Institute of Certified Public Accountants Code directs accountants to be responsible to their clients and their profession,but not to the public.

Correct AnswerverifiedShow Answer

How are firms honored for their efforts to create an ethical climate? Provide examples of role model companies and what efforts they took to develop effective ethics programs.

Correct AnswerAnswered by ExamLex AIFirms are honored for their efforts to c...View AnswerShow Answer

All of the following are considered to be ethical issues for marketing professionals except:

Correct AnswerverifiedShow Answer

The most effective ethics programs utilize which of the following?

Correct AnswerverifiedD

Describe how a firm might implement the "Say No Toolkit" to help combat corruption.How could potential employee resistance be overcome? Could there be any downsides to using the tool? In what ways could the firm benefit?

Correct AnswerAnswered by ExamLex AIThe "Say No Toolkit" is a set of guideli...View AnswerShow Answer

The unspoken understanding among employees of what is and is not acceptable behavior is called:

Correct AnswerverifiedShow Answer

A member of the Chartered Financial Analyst Institute (CFA) must:

Correct AnswerverifiedD

A giant step is taken toward improving ethical performance throughout the company when:

Correct AnswerverifiedShow Answer

In a benevolence ethical climate,the interests of the company's employees and external stakeholders most likely would be given high priority.

Correct AnswerverifiedShow Answer

Integrity-based ethics programs:

Correct AnswerverifiedShow Answer

Which country recently enacted new laws to counter bribery and corruption?

Correct AnswerverifiedShow Answer

Which company ethics safeguard is commonly implemented as an employee "helpline"?

Correct AnswerverifiedShow Answer

It is impossible for multiple ethical climates to exist within one organization.

Correct AnswerverifiedShow Answer

Define ethical climate.Discuss the differences and similarities among the ethical climates outlined in the textbook.

Correct AnswerAnswered by ExamLex AIAn ethical climate refers to the prevail...View AnswerShow Answer

Which ethical criterion is described by the idea that a company should strive for efficiency?

Correct AnswerverifiedShow Answer

All ethics issues in business are the same.

Correct AnswerverifiedShow Answer

Ethisphere Magazine recognizes and rewards ethical leadership and business practices worldwide according to their:

Correct AnswerverifiedShow Answer

A company that channels employee behavior in a lawful direction by emphasizing the threat of detection and punishment is:

Correct AnswerverifiedA

The critical component in installing an effective ethics program is:

Correct AnswerverifiedShow Answer

Define bribery.Explain why certain countries are less likely to participate in such acts.

Correct AnswerAnswered by ExamLex AIBribery is the act of offering, giving, ...View AnswerShow Answer

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Firms are honored for their efforts to c...
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The "Say No Toolkit" is a set of guideli...
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D

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Answered by ExamLex AI
An ethical climate refers to the prevail...
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A

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Answered by ExamLex AI
Bribery is the act of offering, giving, ...
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