Overview of Ethics Quiz

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Questions and Answers

Setting CSR goals encourages an organization to achieve higher moral and ethical standards. True or False?

  • False
  • True (correct)
  • Not related to CSR
  • Partially true

Is a mission statement a clear, concise description of the issue that needs to be addressed? True or False?

  • False (correct)
  • True
  • Depends on the organization
  • Unrelated to organizational goals

What typically triggers a rapid increase in the appointment of corporate ethics officers?

  • The revelation of a major business scandal (correct)
  • The appointment of a new CEO
  • The acquisition of one company by another
  • A substantial decrease in the stock price of a firm

Are board of directors normally responsible for day-to-day management and operations of an organization? True or False?

<p>False (C)</p> Signup and view all the answers

What creates goodwill that can make it easier for corporations to conduct their business?

<p>CSR activities (B)</p> Signup and view all the answers

Is an activity being defined as legal a guarantee that it is also considered ethical? True or False?

<p>False (A)</p> Signup and view all the answers

Are important decisions in the business world often left to technical experts? True or False?

<p>False (B)</p> Signup and view all the answers

In which step of the decision-making process should decision makers consider laws, guidelines, policies, and principles?

<p>Identify alternatives (C)</p> Signup and view all the answers

Which step is considered the most critical in the decision-making process?

<p>Identification of alternative solutions (B)</p> Signup and view all the answers

Who is ideally suited to hold the position of corporate ethics officer?

<p>A well-respected, senior-level manager reporting to the CEO (C)</p> Signup and view all the answers

What event can lead to the appointment of corporate ethics officers more rapidly than other options?

<p>The appointment of a new CEO (A)</p> Signup and view all the answers

What is the role of an organization's mission statement in relation to ethical issues?

<p>It identifies the overarching values and principles important to decision making (B)</p> Signup and view all the answers

Do individual views on morality show nearly universal agreement across different groups? True or False?

<p>False (A)</p> Signup and view all the answers

What does consistency in an organization mean in terms of stakeholder expectations?

<p>Stakeholders should expect consistent behavior based on past actions (B)</p> Signup and view all the answers

How has the increased reliance on information systems impacted the risk of unethical IT use?

<p>The risk of unethical IT use has decreased (B)</p> Signup and view all the answers

Why are managers increasingly including ethical conduct in employee performance appraisals?

<p>To align employee behavior with organizational values (C)</p> Signup and view all the answers

What is the term 'morals' referring to in relation to decision-making?

<p>Personal principles guiding decisions on right and wrong (D)</p> Signup and view all the answers

Which step in the decision-making process involves gathering and analyzing facts while identifying stakeholders affected by the decision?

<p>Develop problem statement (D)</p> Signup and view all the answers

What is the term used to describe a set of beliefs about right and wrong behavior within a society?

<p>Moral code (B)</p> Signup and view all the answers

Why do organizations pursue corporate social responsibility (CSR) goals and promote an ethical work environment?

<p>To gain the goodwill of the community (A)</p> Signup and view all the answers

What concept advocates that an organization should act ethically by taking accountability for its impact on the environment, community, and employee welfare?

<p>Corporate social responsibility (C)</p> Signup and view all the answers

What is another term for a habit of unacceptable behavior?

<p>Vice (B)</p> Signup and view all the answers

If desired results are not achieved after implementing a solution, which step of the decision-making process should be revisited?

<p>Identify alternatives (B)</p> Signup and view all the answers

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