Compliance_Q4_Round 2

You are having a briefing meeting with a potential customer and want to be sure to capture all of their comments, so you bring a voice recorder to the meeting. You don't want it to be a distraction, so you place it inside your folder on the table and record the meeting without mentioning it to the customer. Is this ETHICAL?

• NO
• YES

What questions you should ask yourself whenever you are faced with an ethical dilemma?

• Is it legal?
• Is it right?
• Is it fair?
• All of the above

Which of the following best describes a diverse workforce?

• A company hires white men and women to work for their company.
• A company hires only African-Americans because they are part of a protected workforce.
• A company hires only women because they are part of a protected workforce.
• A business hires men, women and people of different races, religions, and backgrounds.

Which of the following is an example of stereotyping and prejudice?

• A male hiring supervisor hires two male candidates instead of two female candidates because the female candidates did not have experience in the field.
• A male hiring supervisor interviews three female candidates. He doesn't hire any of them because they will want a lot of time off work to handle family situations.
• A male hiring supervisor interviews three female candidates. He hires only two of the women because one of the candidates does not have the job experience for the position.
• A male hiring supervisor interviews three female candidates. He hires all three because they all have the requirements needed to fill the positions they applied for.

Which of the following is an example of a wholly owned subsidiary?

• Johnsons's Pharmaceuticals buys a production plant in a foreign country, over which they maintain total control, in order to reduce production costs.
• Johnson's Pharmaceuticals, unhappy with the trade deal it had with its partner, Smith's Pharmaceuticals, decides to export directly to a foreign country so that it maintains total control over the process.
• Johnson's Pharmaceuticals engages in a trade deal with their main domestic opponent, Smith's Pharmaceuticals, in order to have total control over the market.
• Johnsons's Pharmaceuticals, based in the US, buys several production plants close to Chicago so that they can increase production by at least 50% in the next quarter.

Which of the following is true about the use of ambiguity (inexactness) in advertising?

• It is the use of different deceptive advertising techniques
• It uses clear wording to try and convince consumers to purchase a product
• It is an unethical and immoral way to sell products to the public
• It is known as false advertising

A company goes through a rough patch financially. Board members decide to try to disguise the losses on the financial statements sent out to shareholders. They are behaving unethically in the area of?

• Investor relations.

• Customer relations.

• Employee relations.

• Vendor relations.

Which of the following describes an ecologically sustainable organization?

• A business treats society as their dumpsite for manufacturing waste.

• A company conducts business to meet the needs of current customers without compromising future generations' ability to live.

• A company cuts corners to avoid embracing safety, health and environmental regulation.

• A business operates inconsistently with the principles of sustainable development.

A company makes a product and sell it at a cheap price, thus driving out several competitors.

• Fair Competition
• Unfair Competition

Two small companies merge to better compete with a large one.

• Unfair Competition
• Fair Competition