Man 3065 Final

Front 1

The Foreign Corrupt Practices Act was introduced to more effectively control bribery and other less obvious forms of payment to foreign officials and politicians by American publicly traded companies as they pursued International growth.

Back 1

True

Front 2

The concept of an ethical culture was recognized, for the first time, as a foundational component of an effective compliance program under the revised Federal sentencing guidelines for organizations.

Back 2

True

Front 3

The creation of the Public Company Accounting Oversight Board (PCAOB) as an independent oversight body was an attempt to reestablish the perceived independence of auditing companies that faced serious questioning after several corporate scandals.

Back 3

True

Front 4

Bribes are those payments which

Back 4

Induce officials to act in a violation of their lawful Duty

Front 5

Which of the following regulated unethical corporate Behavior prior to the passing of the Foreign Corrupt Practices Act?

Back 5

The Securities and Exchange Commission

Front 6

In what ways do brides differ from Grease payments under the FCPA?

Back 6

Unlike Greece payments, bribes induce officials to act in violation of their lawful Duty

Front 7

The Foreign Corrupt Practices Act:

Back 7

Encompasses all the measures that were previously used to curve unethical overseas transactions

Front 8

Which of the following is one of the key pieces of U.S. legislation designed to discourage, if not prevent, illegal conduct within businesses?

Back 8

The U.S. Federal Sentencing Guidelines for Organizations

Front 9

The Consumer Financial Protection Bureau is a government agency within the Federal Reserve that oversees Financial products and services.

Back 9

True

Front 10

Brendon Inc. requires a permit to open its business in the country of Cadmia. Although it had met all the requirements for the permit, the officials concerned delayed providing Brendon Inc. with the permit. To expedite the process, the company made a payment to a customs official. Which of the following types of payments is this an example of?

Back 10

facilitation payments

Front 11

Whistleblowing is not considered ethical under any circumstances.

Back 11

False

Front 12

If there is evidence that an employee is carrying out an individual Vendetta against the company, the legitimacy of his or her whistleblowing should be questioned.

Back 12

True

Front 13

Organizations can prevent the embarrassment and potential Financial ruin caused by whistleblowing by creating an internal system that gives whistleblowers the option of being heard, thus resolving the issue in private.

Back 13

True

Front 14

The two types of whistleblowing, internal and external, are categorized based on:

Back 14

Whom the Whistleblower chooses to inform

Front 15

Alan, a newly hired employee in charge of tracking his companies inventory, finds that there is a major discrepancy between the expected stock and the actual stock. He discovered that one of the employees in his department is responsible for misappropriation of this stock and immediately reports his observation to the operations manager. Alan plays the role of an ______ whistle-blower.

Back 15

Internal

Front 16

It is difficult to track the history of internal whistle-blowing because:

Back 16

It rarely receives attention from the media

Front 17

Which of the following is true of a whistle-blower hotline?

Back 17

It is a telephone line that employees use to anonymously alert a company of suspected misconduct

Front 18

Which of the following is true of whistle blowers?

Back 18

They are often criticized and considered troublemakers

Front 19

Ken reported misconduct in his organization to the Securities and Exchange Commission. He was able to provide substantial evidence and won the case. The amount recovered was over $1 billion. Which of the following laws states that Ken is eligible to receive between 10 and 30% of the monies collected?

Back 19

The Dodd-Frank Wall Street Reform and Protection Act

Front 20

Which of the following is a major risk whistleblowers face by speaking out about an organization's misconduct?

Back 20

They risk losing their career and financial stability

Front 21

Technological advances over the last two decades have made it more difficult to pass the personal data of customers from one place to another.

Back 21

False

Front 22

According to the legal concept of cyberliability, employers can be held liable for the actions of their employees through internet communications to the same degree as if they had written those Communications on company letterhead.

Back 22

True

Front 23

Employers feel it necessary to monitor employees at the workplace because they have an obligation to their stakeholders to operate as efficiently as possible.

Back 23

True

Front 24

Which of the following is a disadvantage of technological advances in the workplace?

Back 24

Loss of privacy

Front 25

Resolving the different perspectives on the issue of monitoring employee activity is difficult because:

Back 25

It is difficult to determine where work ends and personal life begins

Front 26

Andrew is informed by his company that he should be open to monitoring as a part of the company's plan to improve productivity. Because of his qualifications and work experience, he knows that he would have no difficulty finding a similar position in another company. Andrew agreed to the policy, knowing that he can switch jobs if the new policy affects his job satisfaction. He has given his companu _______ consent.

Back 26

Thick

Front 27

Which of the following explains why employers are in favor of monitoring and restricting the actions of their employees?

Back 27

The implications of Vicarious liability for employers

Front 28

The legal concept of _____ holds employers liable for the actions of their employees through internet communications to the same degree as if they had written those Communications on company letterhead.

Back 28

Cyberliability

Front 29

Because of recent advances in technology, information can be digitized and transmitted over Fiber Optic Cables. What implications does this have?

Back 29

Companies can cut their expenses by shipping work to countries with lower labor costs

Front 30

A less developed nation is a country that lacks the economic, social, and technological infrastructure of a developed Nation.

Back 30

True

Front 31

For organizations, international market represent new customers as well as resources of cheaper material and cheaper labor.

Back 31

True

Front 32

Moving the ethical commitment of an organization to a global stage requires nothing more than increasing the scale of the policies and procedures.

Back 32

False

Front 33

globalization raises concerns about the:

Back 33

Ethical behavior of economically Advanced Nations toward developing ones

Front 34

In what way has globalization affected the economy?

Back 34

National markets are being overtaken by regional trade blocs

Front 35

The UN Global compact focuses on:

Back 35

the welfare of workers around the world

Front 36

Which of the following is true of globalization?

Back 36

It impacts the commercial, economic, social, and political environment.

Front 37

which of the following is true of the concept of Global Ethics?

Back 37

It is a highly complex subject

Front 38

Which of the following, as a result globalization, is true of less-developed countries and multinational corporations?

Back 38

The long-term economic viability of less-developed countries is threatened by the activities of multinational corporations.

Front 39

______ is a philosophical position in which ethical principles are defined by the traditions of society, personal opinions, and the circumstances of the present moment.

Back 39

Ethical relativism

Front 40

Demanding customers who want new and better products and services at lower prices represent a typical Market.

Back 40

True

Front 41

A company's commitment to ethical Behavior impacts only the level lower level of management and those departments that deal directly with customers.

Back 41

False

Front 42

A company's commitment to ethical Behavior impacts:

Back 42

Every managerial level and every Department of the organization

Front 43

Which of the following statements is true of sustainable ethics?

Back 43

In order for everyone to begin from the same starting point, the organization's commitment to ethical behaviour must be documented in a code of ethics.

Front 44

Altra Partners (AP) believes that a company's commitment to ethical behavior impacts every managerial level and every Department of the organization. It has recently established a code of ethics and started and extensive training for every member of the organization. Which of the following steps is most likely to be undertaken by AP next?

Back 44

Hire an ethics officer

Front 45

Which of the following topics would be elaborated in the company's code of ethics?

Back 45

Policies for behavior in specific situations

Front 46

Which of the following is an accurate statement about an organization's code of ethics?

Back 46

The code of ethics is written for the employees to follow, and the stakeholders aren't required to follow it.

Front 47

Arthur and Nicole are having an argument over the creation of a code of ethics for an organization. Arthur is of the view that it would be good for organizations to follow advice from The Institute of business ethics before creating a code of ethics, well Nicole disagrees with him. Which of the following advices would an organization follow if it agrees with Arthur?

Back 47

The organization would determine the topics on which employees require guidance

Front 48

Derek oversees the investigations of wrongdoings in his organization and provides additional guidance and support to the employees. He also develops training programs for every Department to maintain organizational conduct. Which of the following positions does Derek most likely hold in his company?

Back 48

Ethics officer

Front 49

Which of the following should an organization avoid doing with respect to a company's ethics policy?

Back 49

Communicating only to internal stakeholders

Front 50

The difference between reactive and proactive policies is that:

Back 50

Reactive policies are driven by events and/or a fear of future events, whereas proactive policies are driven by a clear sense of what is construed as ethical for the organization.