O.M. FINALS QUIZ - 004 - Ethics and Corporate Responsibility

Ethics can be defined as the (a)   principles that govern the behavior of individuals or organizations in society.

A company adhering to the (a)   model focuses on fairness in the allocation of benefits and burdens.

(a)   is the responsibility of businesses to manage their operations in a way that enhances societal and environmental well-being.

The (a)   model of ethics evaluates actions based on their contribution to the greatest good for the greatest number of people.

(a)   communication ensures that ethical standards and practices are effectively disseminated throughout an organization.

A lack of transparency in corporate actions often leads to public accusations of (a)   , especially in environmental claims.

The practice of reporting on sustainability efforts, such as Starbucks’ public reports, demonstrates the role of (a)   in building trust.

(a)   risk refers to the potential harm to a company’s reputation and credibility if its ethical claims are perceived as insincere.

Establishing a (a)   allows organizations to define the ethical expectations and behaviors for their employees.

(a)   involves removing unsafe or defective products from the market as part of ethical business practices, as seen in the Tylenol case.