Exam 1
all companies that are publicly traded
What type of company is required by the Sarbanes-Oxley Act to have a code of ethics available to all
employees?
accountability
Performing at the highest standards, not just for oneself, but for the team, for the supervisor, for the
consumer, and for the company's shareholders, indicates a sense of
Quan is a giver, and Ralph is a taker
Ralph and Quan are both on the staff of a car dealership. Ralph is always asking colleagues to cover his
shifts, but he never returns the favor. Quan often covers shifts for colleagues even though he rarely takes
time off himself. Which statement best describes the difference between Ralph and Quan?
It helps reduce the fear that unethical or dishonest practices are being conducted in secret.
Why has transparency become so important in the post-trust era?
character
Geoff is the purchasing manager at a company that manufactures clothing. He knows he could save his
company money by using cheaper, thinner cotton, but he says, "Our customers count on us to provide a
durable product. I do not want to let them down." What quality does this demonstrate?
, a reputation for adhering to high moral and ethical values.
Character refers to
Corporate values are most effective when aligned with personal values
Which statement is true of corporate values?
Ask questions that challenge the rationalization of the behavior.
What should you do if you observe unethical behavior in the workplace?
A code of conduct
Sara is director of human resources, and as such she is tasked with creating a document that states the
company's most important values and rules of conduct. This is called
Cho, who helps her employees develop the skills that will allow them to advance
George is an editorial manager at a publishing company. He wants to give one of his supervisors an
"Employee of the Year" award. Which supervisor should he choose if he is looking for an employee with
a strong sense of caring?
business ethics violation
Marco works for a research firm. He discloses a client's confidential information publicly. This action is an
example of a
personal values align with the corporate values where they work.