Chapter 5

Question 1

a reflection of the moral principles or beliefs about what an individual views as being right or wrong, an “invisible hand”

Answer 1

ethics

Question 2

ethics come from four sources:

Answer 2

individual, social, business culture, professional

Question 3

is acting with honesty, reliability, ethics, moral judgement

Answer 3

integrity

Question 4

who is responsible for creating and upholding ethics of an organization?

Answer 4

board of directors

Question 5

the understanding that the purpose of an organization is to create shared value (business and society) by strategically integrating into its actions a partnership mentality with society where the objectives of both parties are met

Answer 5

corporate social responsibility

Question 6

fraud triangle =

Answer 6

opportunity + motive + attitude

Question 7

is CSR important in the NFP sector?

Answer 7

YES - because donors need to trust that you are putting their money to good use