Oponium, a laptop manufacturer, offers a variety of gaming laptops at discounted prices. However, the laptops have been designed in such a way that they have performance issues after being used for six months, thereby generating revenue for the company through service charges. In this scenario, Opo...
FM 116 CH 4 Test Questions and Correct
Answers
Oponium, a laptop manufacturer, offers a variety of gaming laptops at discounted
prices. However, the laptops have been designed in such a way that they have
performance issues after being used for six months, thereby generating revenue for the
company through service charges. In this scenario, Oponium's business conduct is:
✅Legal but unethical
A(n) _____ is a systematic evaluation of how well a firm is meeting its ethics and social
responsibility goals. ✅social audit
Which of the following is a similarity between ethics and social responsibility? ✅Both
play a vital role in building profitable businesses and a vibrant community.
____ is the strategy of deliberately designing products to fail in order to shorten the time
between purchases. ✅Planned obsolence
In the context of ethical choices, which of the following is a strong predictor of ethical
leadership? ✅Personal empathy
In the context of carbon footprint, Scope 2 refers to: ✅emissions that result from
purchased electricity, heat, and steam.
Which of the following steps should an organization follow to bring its code of ethics to
life? ✅Protection should be established for people who report illegal or unethical
behavior.
The starting point for socially responsible employers is to: ✅Meet legal standards
____ are employees who report their employer's illegal or unethical behavior to either
the authorities or the media. ✅whistle-blowers
Which of the following statements is true of the Sarbanes-Oxley Act? ✅It requires that
financial officers personally certify the validity of their financial statements.
Which of the following examples of business conduct is legal but unethical? ✅Paying
nonliving wages to workers in developing countries
_____ refers to business contributions to the community through the actions of the
business itself rather than donations of money and time. ✅Corporate responsibility
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