2.1 and Social Responsibility in Business
2.2Building an Ethical Culture
2.3 Corporate Social Responsibility and the Social Audit
2.4 Payoffs from Doing Good
Chapter 1
100

are principles of right and wrong that influence behavior.

What is Ethics. 

100

is a set of ethical standards to help guide an organization’s actions.

What is a code of ethics. 

100

What are the two main goals of a business?


What is making a profit and CSR. 

100

a factory or farm in which employees work long hours for low wages usually under environmentally, physically, or mentally abusive conditions.

What is a sweatshop.

100

organization that's purpose is to earn enough profit to cover its expenses.

What is a non profit organization. 

200

are the relatively permanent and deeply held underlying beliefs and attitudes that help determine people’s behavior.

What are values

200

it attempts to prevent criminal misconduct by increasing control and punishing violators. 

What is a compliance based ethics code. 

200

the systematic assessment of a company’s performance in implementing socially responsible programs, often based on predefined goals.

What is a social audit. 

200

Diminished reputation, employee fraud, costly lawsuits, and fines and jail time are what 

What are the 4 negative effects of unethical business

200

part of the economy that is controlled by the government.

What is the public sector. 

300

are rules of conduct or action formally recognized as binding or enforced by a controlling authority, such as police officers and the court system. 

What is laws. 

300

it seeks to foster responsible employee conduct by creating an environment that supports ethically desirable behavior

What is an integrity based ethics code. 

300

is about being a good organizational citizen.

What is corporate social responsibility.
300

Who are the 6 beneficiaries of business practices?

What is the customers, suppliers, owners, employees, local communities, and the international community. 

300

 the exchange of goods or services for an agreed sum of money.

What is selling. 

400

are the ethics, values, attitudes, and behaviors that are deemed to be normal or typical in a given culture.

What is cultural(culture) norms. 

400

who's job is it to integrate the organization’s ethics and values initiatives, compliance activities, and business practices within the company’s decision making processesoff

what is an ethics officer. 

400

Legal Responsibilty is the ____ level of the Carroll's global pyramid. 

What is the 3rd level. 

400

As a part of its written commitment to CSR, the AMJ has promised to match its employees contributions to charitable organizations within the US. Which stakeholders does the policy benefit.

a. Owners

b. International Community 

c. Local and National Community

d. Suppliers

400

What are the 5 factors of production

What is natural resources, human resources, capital, entrepreneurship, and knowledge. 

500

Cancelling a company retirement plan is.... 

What is legal but unethical. 

500

Who signed the Sarbanes Oxley Act into effect in 2002?

Who is George W. Bush

500

Who believed the main goal of a business was to maximize profits. 

Who is Milton Friedman

500

The global compact promotes 4 areas, they are:

What is human rights, good labor practices, environmental protection, and anti corruption standards. 

500
The formula to calculate profit
What is Revenue-Expenses=Profit/Loss