Cp2

Question 0

It’s not good, unhonest, wrong (not always illegal)

Answer 0

Unethical

Question 1

It’s good,right and honest

Answer 1

Ethical

Question 2

Conforming (agrees) to individual beliefs and social norms

Answer 2

Ethical behavior

Question 3

Does not conform (agrees) to accepted beliefs or social norms

Answer 3

Unethical behavior

Question 4

What did Martha Stewart do that was so bad?

Answer 4

Insider Trading

Question 5

Using internal information for ones own financial gain (only certain individuals have info that the public does not)

Answer 5

Insider Trading

Question 6

What is Bernie Macdoff known for?

Answer 6

Ponzi Scheme

Question 7

How much money was invested during the Ponzi Scheme?

Answer 7

75 Billion Dollars

Question 8

Borrowing from one individual and then spending it illegally

Answer 8

Ponzi Scheme

Question 9

A person who says something is illegal in a company a company most effective step a company can take

Answer 9

Whistle Blower

Question 10

Overall way a business balance its own commitment, groups and individuals in its social environment

Answer 10

Social Responsibility

Question 11

What are the 5 Stackholders?

Answer 11

Employees 
Local communities
Customers
Investors
Suppliers

Question 12

Any individual/group that is affected by the practices of an organization

Answer 12

Organizational Stakeholders

Question 13

6 Areas of social responsibility

Answer 13

Environment
Customers
Pricing
Advertisement
Employee Rights
Investors

Question 14

Example of companies being responsible towards the environment

Answer 14

Not polluting the ocean

Question 15

Example of a responsibility towards customers

Answer 15

JFK- products have to be safe consumer bill of rights

Question 16

Basic consumer rights

Answer 16

To process safe products

Question 17

When two or more companies come together to do something illegally

Answer 17

Collusion

Question 18

When two or more companies try to set prices or control prices

Answer 18

Price fixing

Question 19

Responding increased by demand with overly steep taking advantage of demand by increasing prices

Answer 19

Price gouging

Question 20

Example of responsibly toward advertisement

Answer 20

Being true in advertisement not untrue such as a pill says you can loose weight within a couple of months but it doesn’t

Question 21

Example of social responsibility for employee rights

Answer 21

Not practicing illegal discrimination

Question 22

Example of responsibility toward investor

Answer 22

Proper management (no insider trading)

Question 23

A company does a little as possible and cover up violations

Answer 23

Obstructionist Stance

Question 24

Does what the law says and nothing more

Answer 24

Defensive Stance

Question 25

Will follow the law and do a little more

Answer 25

Accommodative Stance

Question 26

Does a lot more that the law require to do

Answer 26

Proactive Stance

Question 27

Creating financial reports that was untrue and fake

Answer 27

Cooking the books! :D

ENRON

Question 28

Two things that the company Enron did illegally

Answer 28

Creating depth (making company look like they don't have depth)
Manipulating markets(closing energy raising bills)

Question 29

Anyone can invest in this company

Answer 29

Public company

Question 30

Tells how much money a company has to make

Answer 30

Accounting Reform

Question 31

Protecting the investors public people

Answer 31

Investors Protection Act

Question 32

CFO Means?

Answer 32

Chief Financial Officer

Question 33

Holding individual accountable for the accurate reporting for signing the financial document

Answer 33

CFO

Question 34

Is a public company, accounting reform, investor protection act and own CFO

Answer 34

Sarbanes Oxley Act