Chapter 2

Question 1

Payments, gifts, or special favors intended to influence the outcome of a decision

Answer 1

Bribes

Question 2

Principles and standards that determine acceptable conduct in business.

Answer 2

Business ethics

Question 3

Formalized rules and standards that describe what a company expects of its employees.

Answer 3

Code of ethics

Question 4

The activities that independent individuals, groups, and organizations undertake to protect their rights as consumers.

Answer 4

Consumerism

Question 5

The extent to which businesses meet the legal, ethical, economic, and voluntary responsibilities placed on them by their stakeholders.

Answer 5

Corporate citizenship

Question 6

An identifiable problem, situation, or opportunity that requires a person to choose from among several actions that may be evaluated as right or wrong, ethical or unethical.

Answer 6

Ethical issue

Question 7

The act of taking someone else’s work and presenting it as your own without mentioning the source.

Answer 7

Plagiarism

Question 8

A business’s obligation to maximize its positive impact and minimize its negative impact on society.

Answer 8

Social responsibility

Question 9

Conducting activities in a way that allows for the long term well being of the natural environment, including all biological entities. Work practices to maintain the health of the natural environment.

Answer 9

Sustainability

Question 10

The act of an employee exposing an employer’s wrongdoing to outsiders, such as the media or govt regulatory agencies.

Answer 10

Whistleblowing