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Exam 5: Ethics and Corporate Social Responsibility

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Question 41

Multiple Choice

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Top leaders in government and business today are:

A) held to higher ethical standards than in the past.
B) held to less strict moral standards than in the past.
C) less interested in social responsibility than in the past.
D) at odds with the general public in regard to ethical issues.

E) None of the above
F) A) and B)

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Question 42

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After developing a code of ethics,it should be communicated to:

A) everyone with whom the business has dealings.
B) the police in jurisdictions where the business has operations.
C) all levels of management.
D) stockholders.

E) C) and D)
F) A) and B)

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Question 43

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As a manager you have a responsibility for the unethical behaviour of your employees.

A charitable donation by a corporation is an example of corporate philanthropy.

Enforcement is perhaps the most important step in an effective code of ethics.

A growing number of people feel that an employee's ethics are a personal matter,and have nothing to do with management.

Nearly all business decisions may be judged as right or wrong,ethical or unethical.

Codes of ethics foster ethical behavior because they expand the opportunity to behave unethically.

Which of the following should help reduce the incidence of unethical behavior in an organization?

The true integration of CSR initiatives into corporate strategy requires movement beyond the philanthropy and personal projects level.

Corporate philanthropy refers to the position a firm takes on issues that affect society.

Which of the following would least likely involve ethical concerns?

A set of formalized rules and standards that describe what a company expects of its employees is called a(n)

The "strategic partnering" level of corporate social responsibility requires a cultural shift within the organization.

Which of the following were not identified as being fundamental to the CSR definition?

Ethics and social responsibility mean the same thing.

A code of ethics designed to avoid criminal misconduct is an example of a compliance-based ethics code.

Codes of ethics are formalized rules and standards that describe what the company expects of its employees.

Do Canadian Not-for-profit leaders need to worry about CSR?

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.