1. (TCO 4) Obeying the law is ________ ethical behavior (Points : 1) essentially the same as the first step toward the opposite of unlikely to lead to 2. (TCO 4)) A(n) ________-based ethics code emphasizes the prevention of unlawful behavior by increasing control and penalizing wrongdoers (Points : 1) legal corporate responsibility compliance integrity 3. (TCO 4) A(n) ________-based ethics code defines corporate values, creates a supportive environment, and stresses shared accountability among employees (Points : 1) social corporate responsibility compliance integrity 4. (TCO 4) Ethical problems and issues of social responsibility are: (Points : 1) unique to firms involved in global trade unique to the United States not unique to the United States less important now than in the past 5. (TCO 4) Top management at Lancer Distributing is convinced that it has a social responsibility to its community. It believes that it can have the greatest impact in this area through cash contributions to nonprofit organizations. This is an example of corporate: (Points : 1) guilt payments philanthropy structure and strategy short run profit maximization 6. (TCO 4) Issues of social responsibility and ethical behavior are: (Points : 1) the result of greed found in capitalist countries found primarily in countries with a low standard of living a concern only of business professors found in many different countries 7. (TCO 4) An ethics program is worthless if it is not ____________. (Points : 1) posted online enforced in the mission statement strategic 8. (TCO 4) Which of the following statements describes ethical behavior in the U.S? (Points : 1) Due to the diverse cultures that make up the U.S., it is difficult to identify common standards of ethical behavior The only common standards of ethical behavior in the U.S. are reflected in religious teachings We can find common moral values that many Americans uphold, including respect for human life, self-control, honesty, integrity, and courage Americans will generally describe the golden rule as the only statement of value that they uphold 9. (TCO 4) Laws represent the standards of ________ behavior. (Points : 1) ethical legal moral socially responsible 10. (TCO 4) With respect to Arthur Andersen, a large and well-known public accounting and consulting firm, the Legal Briefcase box, "Paying the Price" explains: (Points : 1) how Arthur Andersen's connection with the Enron scandal was not enough to bring it down how as soon as Arthur Andersen cleared itself by paying fines to the federal government, it went back to "business as usual" that Arthur Andersen's prior conviction was overturned, but it never recovered that Arthur Andersen's consulting arm always behaved ethically, so it was saved 11. (TCO 4) A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at the company. After receiving a verbal nod from the supervisors, he then proceeds to pass around a written form of the new policy and asks all members of the team to initial it. He explains to the supervisors that the new policy will be posted in the breakrooms on each floor of corporate headquarters. If you were a part of this work team, which question would you ultimately ask yourself before initialing your approval of this policy? (Points : 1) Is it legal? Is it balanced? How will it make me feel about myself? Is it a lose-lose situation? 12. (TCO 4) Relationships between businesses and among nations (Points : 1) should be based on international law, exclusively should be based on fairness, honesty, openness, and moral integrity should be scrutinized carefully to make some determination as to whether both sides have the same type of leader behavior when it comes to assigning work will be adversarial because seldom does either side believe in win-win situations 13. (TCO 4) Following an ethics-based approach to decision making will normally lead to higher: (Points : 1) profits trust and cooperation prices employee turnover 14. (TCO 4) Jake recently invested in a Hottie Potatee franchised business that serves potatoes with all the trimmings. The business needs lots of employees in order to operate effectively. He told you that if he calls the business once each day and tells the employees that he is on his way there, they will be on their best behavior. As he tells it, "It's okay if I really don't make it there. After all, I'm the owner and the business should be able to run without micromanagement. As a recent student of business ethics, you remind Jake that: (Points : 1) he should post a code of ethics that stipulates how each employee should work and how each employee should treat the customers he should create a survey for customers to respond to, and then he will always know if his employees are productive employees usually take on the behavior of their leaders. If integrity is not important to the owner, it may not be important to employees "No good deed goes unpunished." Even though he may think he is doing a good thing, his employees will not appreciate the fact that he is working very hard on his business, off-site. Their expectations are that he should be there, working side by side with them 15. (TCO 4) When a manager is concerned about the legality of firing union workers in order to hire workers willing to work for less pay, a(an) ________-based ethics code is in place. (Points : 1) legal corporate responsibility compliance integrity