Business Ethics FBLA / Exam Questions & Expertly
Verified Answers, .
Accountability - (ANSWER)refers to how closely workplace decisions are aligned
with a firm's strategic direction
Oversight* - (ANSWER)provides a system of checks and balances that limits
employees and minimizes opportunities for misconduct
Federal Sentencing Guidelines for Organizations* - (ANSWER)standards and
procedures capable of detecting and preventing misconduct:
-high level of oversignt
- care in delegation of authority
- systems to monitor, audit, and report misconduct
Audit - (ANSWER)a methodical examination or review of a condition or situation.
also, a review of the accounting practices of a company made by a CPA
Primary stakeholder* - (ANSWER)those whose continued association is necessary
for a firm's survival
Secondary stakeholder* - (ANSWER)those who are not essential to a company's
survival (media, trade, associations, etc.)
, Stakeholder orientation - (ANSWER)the degree to which a firm understands and
addresses stakeholder demands.
-3 activities: generation of data, distribution of info., organization's
responsiveness
Stakeholder - (ANSWER)those who have a stake or claim in some aspect of a
company's products, operations, markets, industry, and outcomes.
Stakeholder framework - (ANSWER)helps identify internal and external
stakeholders. helps monitor and respond to the needs, values, and expectations
of stakeholder groups
EEOC (Equal Employment Opportunity Commission)* - (ANSWER)agency charged
with investigating discrimination claims
ADEA (Age Discrimination in Employment Act)* - (ANSWER)prohibits
discrimination against employees of 40 years of age or older. the discrimination is
considered "wrong" unless the victim is doing unsatisfactory in job
ADA (Americans with Disabilities Act)* - (ANSWER)Prohibits discrimination
against disabled workers.
Protects employees and applicants.
Does not protect those who cannot do the job in question. the person must
perform essential functions (core duties of the position).
Protects those who may do the work with reasonable accommodation.
Verified Answers, .
Accountability - (ANSWER)refers to how closely workplace decisions are aligned
with a firm's strategic direction
Oversight* - (ANSWER)provides a system of checks and balances that limits
employees and minimizes opportunities for misconduct
Federal Sentencing Guidelines for Organizations* - (ANSWER)standards and
procedures capable of detecting and preventing misconduct:
-high level of oversignt
- care in delegation of authority
- systems to monitor, audit, and report misconduct
Audit - (ANSWER)a methodical examination or review of a condition or situation.
also, a review of the accounting practices of a company made by a CPA
Primary stakeholder* - (ANSWER)those whose continued association is necessary
for a firm's survival
Secondary stakeholder* - (ANSWER)those who are not essential to a company's
survival (media, trade, associations, etc.)
, Stakeholder orientation - (ANSWER)the degree to which a firm understands and
addresses stakeholder demands.
-3 activities: generation of data, distribution of info., organization's
responsiveness
Stakeholder - (ANSWER)those who have a stake or claim in some aspect of a
company's products, operations, markets, industry, and outcomes.
Stakeholder framework - (ANSWER)helps identify internal and external
stakeholders. helps monitor and respond to the needs, values, and expectations
of stakeholder groups
EEOC (Equal Employment Opportunity Commission)* - (ANSWER)agency charged
with investigating discrimination claims
ADEA (Age Discrimination in Employment Act)* - (ANSWER)prohibits
discrimination against employees of 40 years of age or older. the discrimination is
considered "wrong" unless the victim is doing unsatisfactory in job
ADA (Americans with Disabilities Act)* - (ANSWER)Prohibits discrimination
against disabled workers.
Protects employees and applicants.
Does not protect those who cannot do the job in question. the person must
perform essential functions (core duties of the position).
Protects those who may do the work with reasonable accommodation.
