All Questions and Correct Answers
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The _____ is a general standard of business practice that applies equally to all
countries over and above their local customs and social norms. ---------CORRECT
ANSWER-----------------Global code of ethics
American corporations are accountable for ethical conduct in their home country
under the ---------CORRECT ANSWER-----------------Foreign Corrupt Practices Act
In ____ the UN Global Compact became operational. ---------CORRECT ANSWER----
-------------2003
Voluntary corporate citizenship initiative endorsing 10 key principles based on the
environment, anti corruption, the welfare of workers around the world, and
global human rights. ---------CORRECT ANSWER-----------------Global Compact
,The ___ represents a more government approach to the same issues featured in
the UN's nongovernmental Global Compact. ---------CORRECT ANSWER----------------
-OECD Guidelines for Multinational Enterprises
Which of the following is NOT a characteristic of the market? ---------CORRECT
ANSWER-----------------Patient stockholders
Which of the following is NOT a stage in creating a long-lasting ethical culture? ----
-----CORRECT ANSWER-----------------Follow the competitors
A well written code of ethics can do all the following EXCEPT: ---------CORRECT
ANSWER-----------------It can establish a detailed guide to unacceptable behavior
The hiring of a ____ represents a formal commitment to the management and
leadership of an organization's ethics program. ---------CORRECT ANSWER------------
-----Ethics officer
The audience of the code of ethics would be ______. ---------CORRECT ANSWER----
-------------Stakeholders
, Making ethical behavior sustainable requires the involvement of every member of
the organiztion in committing to a formal structure to support an ongoing process
of monitoring and enforcement. First stage is. ---------CORRECT ANSWER-------------
----Establish a code of ethics
Even though a code of ethics is intended for employees, a company's _____ aren't
required to follow it ---------CORRECT ANSWER-----------------Stakeholders
____ is the chief responsibility of an ethics officer. ---------CORRECT ANSWER--------
---------Oversight of hotline/guideline/internal reporting
All of the following are examples of rewards for successful behavior, EXCEPT: ------
---CORRECT ANSWER-----------------Awarding prizes to any employee who finds
unethical behavior within the organization.
When a company develops a clear sign of what it stands for as an ethical
organization, it has developed_______. ---------CORRECT ANSWER-----------------
Proactive ethical policies
When events and/or a fear of future events drive a company, this refers to ____
ethical policies. ---------CORRECT ANSWER-----------------Reactive