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1 Source M Business 6th Edition Chapter 2 Business Ethics and Social Responsibility True/False Questions 1) Social responsibility and ethics are essentially the same thing. True False 2) Corporate regulation refers to the laws and regulations that govern the conduct of business. True False 3) The Sarbanes-Oxley Act is an example of how basic ethical and social responsibility concerns have been codified by laws and regulations. True False 4) The public often gets the impression that misconduct is more widespread than it is in reality. True False 5) An ethical issue is an identifiable problem, situation, or opportunity that requires a person or organization to choose from among several actions that may be evaluated as ethical or unethical. True False 6) In the United States, the Dodd-Frank Act imposes heavy penalties on companies found guilty of bribery. True False 7) The Global Business Ethics Survey found that workers who witness instances of ethical misconduct in their organizations don't feel pressured to compromise standards themselves. True False 8) Janie's boss constantly criticized her work and belittled her. It got so frequent that she began having stomach trouble when she had to go to work. This is an example of a hostile environment. True False 9) Taking credit for others' work or ideas may be considered bullying. True False 10) The most common way that employees abuse resources is by taking supplies home from Which of the following should help reduce the incidence of unethical behavior in an organization?Establishing and enforcing ethical standards and policies within business can help reduce unethical behavior by prescribing which activities are acceptable and which are not and by removing the opportunity to act unethically. 19. Voluntary responsibilities are optional activities that promote human welfare or goodwill.
When companies mislead consumers about the benefits of their products?When companies mislead consumers about the benefits of their products, they infringe on: owners' right to safety.
What is ethics in business ethics?By definition, business ethics refers to the standards for morally right and wrong conduct in business. Law partially defines the conduct, but “legal” and “ethical” aren't necessarily the same. Business ethics enhances the law by outlining acceptable behaviors beyond government control.
Which of the following behaviors is the best example of ethical consideration within the purview of business relationships?The following behavior is an example of ethical consideration within business relationships: keeping company secrets.
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Which right assures the fair treatment of consumers who voice complaints about a purchased product?
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