Chapter 6

Question 1

Legal Behavior

Answer 1

follows the dictates of laws, which are written down and interpreted by the courts.

Question 2

Ethics Behavior

Answer 2

A set of standards that govern the conduct of a person, especially a member of a profession

Question 3

Code of Ethics

Answer 3

Company code to manipulate employee behavior

Question 4

Code of Practice

Answer 4

Code for professions

Question 5

Bribery

Answer 5

the act of giving money, goods, or other forms of compensation to a recipient in exchange for an alteration of their behavior

Question 6

Kickback

Answer 6

a form of negotiated bribery in which a commission is paid to the bribe-taker in exchange for services rendered

Question 7

Self-Dealing COI

Answer 7

an official who controls an organization causes it to enter into a transaction with the official, or with another organization that benefits the official, i.e., the official is on both sides of the “deal”.

Question 8

Outside Employment

Answer 8

the interests of one job contradict another.

Question 9

Family Interests

Answer 9

A close relative is employed (or applies for employment) or where goods or services are purchased from such a relative or a firm controlled by a relative

Abuse of this type of conflict of interest is called nepotism.

Question 10

Gifts from friends

Answer 10

Gifts from friends who also do business with the person receiving the gifts

Question 11

whistleblower

Answer 11

A person who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is either private or public

Question 12

Corporate Social Responsibility

Answer 12

the ethical role of the corporation in society.

Question 13

Corporate Philanthropy

Answer 13

a corporation’s gifts to charitable organizations

Question 14

Cause-Related Marketing

Answer 14

Associating the sales of its products to a program of donations or support for a charitable or civic organization

Question 15

Sustainability

Answer 15

The ability of a society or company to continue to operate without compromising the planet’s environmental condition in the future

Question 16

Social entrepreneurship and social enterprise

Answer 16

The use of business organizations and techniques to attain laudable social goals

Question 17

Social Marketing

Answer 17

the use of business marketing techniques in the pursuit of social goals.

Question 18

Greenwashing

Answer 18

corporations that exaggerate or misstate the impact of their environmental actions or promote products as being “eco-friendly” when in fact they’re not.