Exam (elaborations)
GEB 1011 Exam 2 Questions with Correct Answers
- Course
- Institution
GEB 1011 Exam 2 Questions with Correct Answers
[Show more]
Content preview
GEB 1011 Exam 2 Questions with Correct AnswersEthics Correct Answer-the standards of moral behavior, behaviors that
are accepted by society as right various wrong
Facing Ethical Dilemmas Correct Answer-ask:
is it legal?
is it balanced?
Is it fair?
How will it make me feel about myself?
Ponzi Scheme Correct Answer-a fraud by paying returns to existing
investors from funds contributed by new investors
Organization ethics begin.. Correct Answer-at the top
managers instill corporate values in employees
Factors influencing managerial ethics.. Correct Answer-individual
organizational
environmental
Compliance-Based Ethics Code Correct Answer-emphasize preventing
unlawful behavior by increasing control and by penalizing wrongdoers
,Integrity-Based Ethics Code Correct Answer-Define the organization's
guiding values, create an environment that supports ethically sound
behavior and stress a shared accountability
How to improve America's business ethics? Correct Answer-top
management must adopt and unconditionally support an explicit
corporate code of conduct
employees must know that all employees are expected to act ethically
managers and others must be trained to consider the ethical implications
of all business decisions
ethics office must be set up so employees can communicate
anonymously
involve outsiders
ethics code must be enforced
Whistleblowers Correct Answer-insiders who report illegal or unethical
behavior
Corporate Social Responsibility (CSR) Correct Answer-the concern
businesses have for the welfare of society
Corporate Philanthropy Correct Answer-includes charitable donations
Corporate Social Initiatives Correct Answer-include enhanced forms of
corporate philanthropy
, Corporate Responsibility Correct Answer-included everything from
hiring minority workers to making safe products, minimizing pollution,
using energy wisely, and providing a safe work environment
Corporate Policy Correct Answer-the position a firm takes on social and
political issues
President Kennedy's Basic Rights of Consumers Correct Answer-the
right to safety
the right to be informed
the right to choose
the right to be heard
How do customer know? Correct Answer-social media
used to communicate CSR efforts
Insider Trading Correct Answer-insiders using private company
information to further their own fortunes or those of their family and
friends
Society and the environment Correct Answer-over 1/3 of working
American's receive their salaries from nonprofits
green movement emerged as concern about global warming increased
companies are trying to minimize their carbon footprint
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller cracker. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
84146 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now