Ethics and Corporate Responsibility Quiz

Which of the following is a danger sign that contributes to unethical behavior?

• Excessive emphasis on long term revenues over short term considerations

• Establishing a written code of ethics

• Taking an ethical stand despite financial costs

• Clear procedures for handling ethical matters

What is the primary focus of compliance based ethics programs?

• Instilling personal responsibility for ethical behavior

• Preventing, detecting, and punishing legal violations

• Promoting sustainable growth

• Meeting social expectations not written as law

What does corporate social responsibility entail?

• Obligation toward society by business

• Meeting legal requirements

• Focusing solely on shareholder demands

• Avoiding financial costs

What is the goal of ecocentric management?

• Maximizing short-term profits

• Creating sustainable economic development

• Reducing corporate taxes

• Increasing shareholder value

Which ethical system states that all people should uphold certain values that society needs to function?

• Relativism

• Universalism

• Compliance

• Integrity

What is the ethical system that defines acceptable behavior as that which maximizes consequences for the individual?

• Utilitarianism

• Egoism

• Altruism

• Deontology

Which ethical system states that the greatest good for the greatest number should be the overriding concern?

• Egoism

• Utilitarianism

• Deontology

• Relativism

What is the basic purpose and scope of operations of an organization called?

• Vision

• Mission

• Strategy

• Goal

What term describes the long-term direction and strategic intent of a company?

• Mission

• Vision

• Objective

• Plan

Who are the groups and individuals that affect and are affected by the achievement of an organization’s mission, goals, and strategies?

• Employees

• Stakeholders

• Managers

• Customers