Enron and Worldcom's collapses - ANSLed to new regulations and law to promote the accuracy
of economic reporting for publicly held companies
2002 Sarbanes-Oxley Act - ANSincreased the results for destroying, altering or fabricating
economic facts, and for seeking to defraud shareholders
The risk in writing new legal guidelines to accurate behavior is that: - ANSpeople may
additionally start to think that any behavior that is in the regulation is also ideal
Ethics - ANSsociety's generic requirements of ethical behavior; this is, behaviors conventional
by means of society as right as opposed to incorrect
maximum not unusual form of dishonest in faculties these days - ANSPlagiarizing cloth from the
internet.
Unethical behavior in commercial enterprise, especially in actual property and banking
industries - ANSsevere economic crisis / loss of believe within the unfastened market system
Financial and political leaders can restore consider inside the free market device by way of -
ANSmaking enterprise human beings extra chargeable for their movements / passing laws to
make accounting records greater obvious.
Laws - ANSmake business humans more responsible for their actions than understanding what
is ethical
which of the subsequent represents ethical behavior past what's legally required - ANSoffering
customers the high-quality product for their wishes no matter profitability / investing in
neighborhood corporations in which the company does commercial enterprise.
An worker ordering non-public goods from a internet site in the course of operating hours
without permission from his corporation is - ANSunethical
Societies set the requirements for moral conduct, referred to as _ - ANSethics
The requirements of moral behavior, what's proper or wrong, are referred to as - ANSethics
an moral catch 22 situation affords a situation for the decision maker wherein there are -
ANSequally unsatisfactory alternatives
, If the free-market machine is to prevail, it have to maintain the _________ of its individuals no
matter the unethical behavior of a few - ANStrust
compliance-based ethics codes - ANSemphasize stopping unlawful behavior through increasing
control and penalizing wrongdoers
integrity-based ethics codes - ANSDefine the agency's guiding values, create an surroundings
that supports ethically sound conduct and stress a shared duty.
While you are faced with an ethical quandary, what ought to you ask yourself? - ANSis the
proposed action prison, balanced, how will it make me sense about myself.
Going through a decision to either act unethically or be fired for no longer following that route -
ANSethical catch 22 situation
the management and instance set via sturdy ____ enables to instill ethical company values in its
employees - ANSmanagers
which of the subsequent can indirectly create an unethical business surroundings - ANSoverly
bold desires and incentive packages
to truely create an ethical subculture managers need to - ANSshow sturdy dedication to ethics
and compliance
which of the following are motives a commercial enterprise have to be managed ethically -
ANSto avoid complaints/appeal to clients/keep suitable popularity
an _____ ______ethics code creates an surroundings which supports ethically sound conduct
by using mentioning an groups guiding values, shared obligation, and duty - ANSintegrity based
totally
an employee who stated her boss to the SEC could be taken into consideration ______
blanketed by means of regulation - ANSwhistleblower
it's miles essential to have an ethics officer to ________ ethics code and provide a means of
communique - ANSenforce
effective ethics officer shall - ANSrelate properly to all personnel at all tiers/may be depended on
to preserve confidentiality
the measurement of social obligation, which refers to certain aspects such as producing low
emission automobiles is - ANScorporate responsibility
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