26. Which of the following organization’s code of ethics advocates : 1800955
26. Which of the following organization’s code of ethics advocates “loyalty to your organization, justice to those whom you deal and faith in your profession?”
A. Institute for Supply Management.
B. Institute of Certified Public Accountants.
C. Financial Accounting Standards Board.
D. Association for Computing Machinery.
27. Building ethical safeguards into a company’s everyday routines is called:
A. Change management.
B. Justifying ethics.
C. Institutionalizing ethics.
D. Ethical awareness.
28. A company that channels employee behavior in a lawful direction by emphasizing the threat of detection and punishment is:
A. Operating under the compliance-based approach.
B. Practicing “tone at the top.”
C. Operating under the integrity-based approach.
D. Operating under the instrumental policy approach.
29. Integrity-based ethics programs:
A. Seeks to avoid legal sanctions.
B. Combines concern for the law with an emphasis on employee responsibility.
C. Threatens employees with punishment for non-compliance with the ethics program.
D. Are predominately implemented within the European Union.
30. A giant step is taken toward improving ethical performance throughout the company when:
A. The firm hires a university ethics professor to lecture employees on moral philosophy.
B. The Justice Department launches an investigation of the firm’s pricing practices.
C. Senior-level managers signal to employees that they believe ethics is a high priority.
D. A consumer hot line is created and staffed 24 hours a day.
31. Business managers need a set of ethical guidelines to help them:
A. Understand the changing customs throughout the world.
B. Justify the resolution which best helps them.
C. Identify and analyze the nature of the ethical problem.
D. None of the above.
32. In the United States and Latin America, ethics policies were found to be primarily:
A. Informational – providing guidance for recommended ethical activity with the company.
B. Instrumental – providing rules and procedures for employees to follow to adhere policy and law.
C. Social – providing a framework for ethical interaction between employees and customers.
D. General – providing basic definitions of ethical decision-making.
33. Ethics policies typically cover all of the following issues except:
A. Developing guidelines for accepting or refusing gifts from suppliers.
B. Encouraging discriminatory personnel practices.
C. Avoiding conflict of interest.
D. Maintaining the security of proprietary information.
34. Most ethics or compliance officers are generally entrusted to:
A. Act as a liaison between the company and the Securities and Exchange Commission.
B. Reduce the risks to the company of employee misconduct.
C. Annually distribute copies of the company’s code of ethics to all interested stakeholders.
D. Arrange for ethics training for employees at a nearby university.
35. Ethics reporting mechanisms have been:
A. Established to create an avenue for the company to obtain allegations of unethical conduct.
B. Increasing in employee use and effectiveness.
C. Wholly rejected by skeptical and weary employees.
D. Both A and B, but not C.