Giving back to society firms should take added caution not to support government programs that protect the environment. Which of the following were not identified as being fundamental to the CSR definition? False. 2. Examples of ethical behaviors in the workplace includes; obeying the company's rules, effective communication, taking responsibility, accountability, professionalism, trust and mutual respect for your colleagues at work. formal and informal. (C) gains for investors in 2008 and 2009 Integrity-driven ethics codes Workplace and colleague wellbeing. Notes. B. enjoy significantly higher profits. Ethical marketing is less of a marketing strategy and more of a philosophy that informs all marketing efforts. social audit. 8 Mini-Case Study, Intro-Into-Business: Ch. Explanation a clear set of rules and regulations B. Whistleblowing C. Plagiarism U.S. companies tend to overlook and forget human rights abuses abroad. The authors start from the assumption that most people wish to behave ethically. Demanding Ethical and Socially Res, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Fundamentals of Financial Management, Concise Edition, Natuurwetenschappen eerste jaar examen trimes. Recently, top management asked company departments to list and evaluate the kinds of socially responsible efforts conducted internally and externally in the business and to list negative occurrences that supervisors observed. C. to attract new customers and retain existing customers. Encouraged by the new Sarbanes-Oxley Act, individuals who report unethical or illegal behavior within an organization are plan to maximize profits for shareholders to spend in communities It does not subtract from the bottom line; it adds to it. E. filing complaints with the company. 2. C. Expanding opportunity by providing punishments for violations of the rules D. Overlooking violations of codes of ethics How to Write a Self-Assessment: 5 Tips to Improve Do Not Sell/Share My Personal Information, Limit the Use of My Sensitive Personal Information. Multiple Choice Businesses that violate ethics and engage in illegal activities can be subject to costly fines and lawsuits. There are a wide variety of examples of ethical behavior in the workplace. increasing control Explanation Corporate social responsibility (CSR) is based on the belief that businesses should be concerned with the welfare of __________________and not only of their owners. using recyclable packaging Ethical behavior positively impacts a businesss financial performance. whistleblowers. (B) going to save money by not hiring those who are disabled Distributors. technical policy Ethical behavior does not matter to investors. (B) are limited to the United States (A) 3 out of 4 citizens do not give any time to the communities in which they live is a branch of philosophy that seeks to address questions about moralitythat is, about concepts such as good and bad, right . C. providing all relevant information about current and projected performance of the firm. Explanation D. integrity. Fraud . Employees and management alike can work together to create businesses that have high standards. B. focus on cost and quality control systems within your organization. Research into ethics and business performance has shown the two are linked in some important ways. 1 Mini-Case Study, (Learning Curve 11 a) Body Development; Cogni, (LearningCurve 11b) Becoming Your Own Person-, chapter 3 psy 200 (LearningCurve 3b) Survivin, Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield, Marketing Essentials: The Deca Connection, Carl A. Woloszyk, Grady Kimbrell, Lois Schneider Farese. The international Day Of Pe, Chapter 3 Doing Business in a Global Markets, Byron Almen, Dorothy Payne, Stefan Kostka, The Language of Composition: Reading, Writing, Rhetoric, Lawrence Scanlon, Renee H. Shea, Robin Dissin Aufses, Eric Hinderaker, James A. Henretta, Rebecca Edwards, Robert O. Self, Spring 2018 Final Exam Review Chapters 8,9,10. Article. A. code of ethics. B. an individual's behavior is influenced by the behavior of others. Due to a reduction in output, the company has idle capacity that could be used to produce the starters. Which step is the most critical to help improve business ethics? Tejas Vemparala also contributed to this article. Multiple Choice (D) long jail terms for those who acted unethically. The ethical lapses of global companies, such as Enron, Arthur Andersen, and WorldCom, over the span of a few years caused much devastation. How can. employees and internal public relations Studies have found a strong correlation between academic dishonesty and dishonesty at, Studies show that companies with reputations for good corporate social responsibility Demanding Ethical and Socially Res, Intro-Into-Business: Ch. social justice. Ignoring hazardous job conditions that exist in the company's facilities increasing the diversity of their workforce allows them to connect directly with customers In the long run, they believe From retaining employees to ensuring brand loyalty to avoiding lawsuits and fines, a strong code of ethics is key to continued success. compliance-based C. It is the law in the U.S. D. Employees. Top management is essentially conducting a(n) likely to perform worse financially, Many companies believe they have a role in promoting ______ ______ that goes way beyond simply "giving back." fairness, honesty, openness, _____________________________are insiders who report illegal or unethical behavior. Compliance-based ethics codes focus on: The Dodd-Frank Wall Street Reform and Consumer Protection Act provides whistleblowers an award if their actions lead to an enforceable action or conviction. lower ethical standards than in the past. Here are other common examples of ethical behavior: No matter the relationship between two people and what they agree or disagree upon, people within an organization should always respect each other. \text{Direct materials} & \text{\$ 3.10}\\ Multiple Choice Multiple select question. internal investigation. D. employee retaliation by doing the minimum needed to get by. Responsible business behavior depends on the responsible behavior of each ______ in the business world. [D] They may choose to cancel orders when there are environmental abuses. Ethics may seem like an intangible, but there is a clear connection to overall performance. Suppliers All successful businesses communicate effectively. Ethics can be rooted in belief or the pursuit of making the world better. A company's effectiveness and financial performance are most affected by responsible _________ _________ management. Having constant conversations and reminders makes it less likely an employee will break a rule or have a low-quality output. C. writing their representatives in Congress. Think about a business that hires only family or one that gives inappropriate incentives, for example. help store confidence in corporate america and canada, Which of the following have been cited as incidents of unethical business activity recently? Top management 4. D. short run profit maximization. Multiple choice question. Studies have shown that what most influences a company's effectiveness and financial performance is: responsible management of human resources, Which of the following behaviors are illegal in the United States, but potentially put our companies at a disadvantage in overseas markets? Dodd-Frank Wall Street Reform and Consumer Protection Act. CSR can lead to even more profits. likely to perform better financially C. a loss of employee commitment and trust in the company and its management. Part-time co-worker 3. (C) occur in many countries D. Outsourcing practices [D] Political risk taking. \text{Supervision} & \text{1.50} & \text{\$ 60.000}\\ B. an individual's behaviour is influenced by the behaviour of others. The You Design, We Build Company makes custom furniture of all kinds. \text{Retained Earnings, Jan. 1, 2016} & 4,800 & & \\ whistleblowers. social media. Multiple select question. A low cost, efficient way for companies to connect with specific groups and inform them of corporate social responsibility efforts is ____________________ __________________. Italian Stallion stockholders got a very fair deal for the stock they owned in the company. Top leaders from other countries have been charged with bribery. A. Whistleblower corporate responsibility A. Internet Integrity-based ethics is informal company behavior that evolves from individuals' desire to make things better for all. Supervisor lose sales revenues Multiple choice question. School McMaster University; Course Title COMMERCE 1E03; Type. On the line provided after the sentence, write the possessive form of the underlined words. This is an example of corporate: Top officials in countries like Japan, South Korea, and China have faced legal charges of influence peddling and __________ charges, which serve as examples of the unethical behavior that U.S. companies face in overseas markets. Complete each sentence with the comparative or superlative form of the modifier in parentheses. A business's responsibilities to its owners and investors include Multiple choice question. allows them to reach specific groups more directly. Corporate social responsibility (CSR) is based on the belief that businesses should be concerned with the welfare of _______________ and not only of their owners. higher ethical standards than in the past. The most basic question in an ethics-based management system is. B. philanthropy. requiring suppliers to be evaluated monthly concerning because strict global regulations require it Corporate values are: Those who exemplify ethical behavior do the right thing regardless of whether they get credit for it. An integrity-based ethics code defines the organization's guiding values, creates an environment that supports ethically sound behavior, and stresses shared accountability. B. Horn blower The moral and ethical standards by which leaders are judged are far stricter than in the past. Multiple choice question. C. teamwork eliminates a need for personal ethics. Multiple choice question. Some common workplace ethics include trustworthiness, accountability, respect, transparency, and integrity. Corporate responsibility Displaying good ethical behavior can boost company morale and client relations. based on a commitment to integrity and respect D. Integrity watchdog. [A] Influence peddling Consumers vote against firms they view as socially irresponsible by not A. boycotting the company's products. By being ethical, leaders can foster an environment that rewards and encourages good attitudes. B. Compliance-driven ethics standards ___________ __________ ______________is a business's concern for the welfare of society. The corporate scandals can hurt the reputation of firms, the interests of investors and stakeholders, welfare of employees, the life damage or property losses of customers and the damage of environment. Multiple select questions. Although these actions were not part of the mandatory waitstaff training, Amber perceived that waitstaff members who were not helping out were not viewed as team players by the majority of employees. [B] To maintain a good reputation The chief engineer has recommended against this move, however, pointing out that the cost to produce the starters would be greater than the current 8.40perunitpurchaseprice:8.40 per unit purchase price:8.40perunitpurchaseprice: PerUnitTotalDirectmaterials$3.10Directlabor2.70Supervision1.50$60.000Depreciation1.00$40.000Variablemanufacturingoverhead0.60Rent0.30$12.000Totalproductioncost$9.20\begin{matrix} Startup Costs: How Much Cash Will You Need? Multiple select question. Often, business ethics involve a system of practices and procedures that help build trust with the.
Celcat Calendar Keele, David Yellin California, Articles A
Celcat Calendar Keele, David Yellin California, Articles A