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Villanova Business Dynamics Final Chapter 4 Questions and CORRECT Answers 2024/2025
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Villanova Business Dynamics Final Chapter 4 Questions and CORRECT Answers 2024/2025
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Villanova Business Dynamics FinalChapter 4
ponzi scheme - ANSpay existing investor with new investors money
ethics - ANSthe standards of moral behavior, behaviors that are accepted by society as right
versus wrong
questions to ask yourself in an ethical dilemma - ANSis it legal?
is it balanced?
how will it make me feel about myself?
where does organizational ethics begin? - ANSwith management
compliance-based ethics - ANSemphasize preventing unlawful behavior by increasing control
and by penalizing wrongdoers, physical ethics code
integrity-based ethics code - ANSdefine the organization's guiding values, creat an environment
that supports ethically sound behavior and stress a shared accountability
whistleblowers - ANSinsiders who report illegal or unethical behavior
corporate social responsibility - ANSthe concern businesses have for the welfare of society, owe
existence to society
corporate philanthropy - ANSincludes charitable donations
corporate social initiatives - ANSinclude enhanced forms of corporate philanthropy
corporate responsibility - ANSincludes everything from hiring minority workers to making safe
products, minimizing pollution, using energy wisely, and providing a safe work environment
corporate policy - ANSthe position a firm takes on social and political issues
Kennedy's basic rights of consumers - ANSright to safety, right to be informed, right to choose,
right to be heard
insider trading - ANSinsiders using private company information to further their own fortunes or
those of their family and friends
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