Chapter 4 Self-Checks: Question Preview (ID: 32663)

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Ethics are ______ principles by which people conduct themselves personally, socially, or professionally.
a) business
b) cultural
c) legal
d) moral

A set of guidelines for maintaining ethics in the workplace is called a ______ of ethics.
a) code
b) handbook
c) policy
d) system

Different cultures, businesses, and industries have different ethical ______ .
a) agendas
b) standards
c) systems
d) complications

Unethical behavior sometimes leads to the passage of legislation that makes the behaviors ______ .
a) acceptable
b) illegal
c) reprehensible
d) unconstitutional

A factory in which workers are employed long hours, paid low wages, and work under unhealthy conditions is called a ______ .
a) locked shop
b) sweatshop
c) triangleshop
d) workshop

The S in OSHA stands for ______ .
a) safety
b) standards
c) supervision
d) system

If an employee violates a company code of ethics, the employee ______ be fired.
a) cannot
b) might
c) must
d) will

A conflict of interest is a conflict between self-interest and ______ obligation.
a) legal
b) financial
c) professional
d) societal

The first step in the ethical decision-making process is to identify the ethical ______ .
a) alternative
b) choice
c) dilemma
d) outcome

An example of a workplace issue that would likely be handled by OSHA is ______ .
a) consumer rights
b) pollution control
c) safety of equipment
d) wage discrimination

Social responsibility is the duty to do what is best for the good of ______ .
a) customers
b) society
c) employees
d) shareholders

The social responsibility of business takes into consideration all that business ______ to solve the problems of society.
a) does
b) does and does not do
c) does not do
d) should do

When businesses are committed to following ethical standards, ethics are an ______ part of their business practices.
a) active
b) oblivious
c) integral
d) unimportant

The Federal Trade Commission is concerned with ______ .
a) product safety
b) workplace safety
c) trade barriers
d) securities trading

Fair competition is a major component of a ______ economy.
a) central
b) market
c) command
d) robust

When a firm does not have to compete, its productivity ______ .
a) decreases
b) increases
c) deflates
d) inflates

If a company treats workers fairly, it is likely to have ______ turnover.
a) concentrated
b) low
c) high
d) scattered

The ______ requires that men and women be paid the same wages for doing equal work.
a) American Pay Act
b) Equal Rights Act
c) Equal Pay Act
d) Pay Equity Act

Rules that protect the environment and control pollution are enforced by the Environmental ______ Agency.
a) Parity
b) Pollution
c) Participation
d) Protection

One goal of the Sarbanes-Oxley Act is to insure that companies keep ______ accounting records.
a) accurate
b) erroneous
c) additional
d) limited

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