True False 21. A manager performing a "cost-benefit analysis" is approaching a decision from the individual approach.
True False 22. The Sarbanes-Oxley Act establishes requirements for proper financial record keeping for public companies and penalties for noncompliance.
True False 23. The purpose of a code of ethics is to state an organization's expectations for all its external stakeholders.
True False 24. A code of ethics is usually a guarantee that the company and its employees maintain high ethical standards of behavior.
True False 25. The law prohibits employers from firing employees who report workplace hazards.
True False 26. Corporate social responsibility (CSR) is the notion that corporations are expected to be as profitable as possible.
True False 27. According to Friedman, the social responsibility of business is to make profits.
True False 28. Sustainability is defined as economic development that meets the needs of the past without compromising the needs of the present.
True False 29. Bill Gates of Microsoft is an example of a philanthropist.
True …show more content…
political-legal
D. sociocultural
E. demographic 47. In the insurance industry, claims files previously maintained as paper documents are now stored on computers. This is an example of __________ forces in an organization's _________ environment.
A. economic; general
B. technological; general
C. sociocultural; general
D. economic; task
E. technological; task 48. Which of the following is considered a demographic characteristic?
A. lifestyle
B. gender
C. health and fitness level
D. personal influences
E. unemployment 49. Whistleblowers are most likely presented with which of the following?
A. an ethical dilemma
B. an idealistic situation
C. a professional behavior by their boss
D. coworkers that enjoy their company
E. sociocultural trends 50. __________ are the relatively permanent and deeply held underlying beliefs and attitudes that help determine a person's behavior.
A. Ethics
B. Ethical behaviors
C. Morals
D. Value systems
E. Values 51. Pat, a manager at State University, is deciding how to set up a procedure for registering on-line that gives students fair access to courses. Pat is engaged in the ________ approach.
A. utilitarian
B. individual
C. moral-rights
D.