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BUSN 1003 Exam 1 ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS

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BUSN 1003 Exam 1 ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS

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BUSN 1003 Exam 1 ACTUAL UPDATED QUESTIONS AND CORRECT ANSWERS

ethics Principles of right and wrong that influence behavior are known as


profitable The global social responsibility pyramid consists of good global corporate
citizenship, ethical behavior, obeying the law, and being

, philanthropy The term for charitable donations that aim to benefit mankind is




Sarbanes-Oxley Act of 2002 The ____ established protections for whistleblowers, recordkeeping requirements
for public companies, and penalties for non-compliance.


lawsuits resulting from illegal behavior __________________________ can hurt a company's profitability


ethics officer An ___ is an employee who integrates the organization's ethics and values
initiatives, compliance activities, and business conduct practices into the
company's decision-making processes


corporate social responsibility pyramid The ___ is a guide for thinking about the day-to-day practical and moral matters
that businesses encounter


training program in ethics Organizing a ___ is one way for managers to support high ethical standards.


corporate social responsibility Because businesses create certain problems (such as environmental pollution),
they should also help solve those problems. This statement is an argument in favor
of


help solve the problems they create Alvarez Construction Company was hired by the county to build a meeting hall at
Greenleaf Park. During its work, the company left trash all over the construction
site, displaced birds and other wildlife, and created noise that disturbed park
visitors. To make up for the problems they caused at the park, the company
organized a company-wide clean-up week and left the park more attractive and
sustainable than ever. This is an example of the attitude that because businesses
create some problems, they should


fraud A form of _____ that can hurt a company is improperly inflating reports of
financial results.


sweatshop A place where workers labor long hours for low wages, usually under
environmentally, physically, or mentally abusive conditions, is known as a

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