business ch 4 quiz
What are beliefs about what is right and what is wrong is called?
When you are faced with options which all have negative consequences, what you are experiencing?
an ethical dilemma
What is a code of ethics?
a formal written document defining the ethical standards of an organization
The obligation of a business to contribute to society is referred to as ______.
Consumerism focuses on all of the following rights except:
the right to privacy.
What is the piece of legislation that set higher ethical standards for public corporations and accounting firms?
Sustainable development ________.
means doing business to meet the needs of the current generation without harming the ability of future generations to meet their needs
Stakeholders of a business include all of the following except:
Companies offer bribes overseas even though it is illegal because it is an accepted practice in foreign countries
What is a systematic evaluation of how well a firm is meeting its ethics and social responsibility goals?
a social audit