Question

1. Ethics can be defined as the study of: a. The voluntary exchange of goods or services. b. What is most beneficial to all of society. c. What harms the economy the least. d. What constitutes right and wrong behavior. 2. The Dodd-Frank Wall Street Reform and Consumer Protection Act was passed in response to Wall Street's ethical lapses and abusive financial services practices. a. True b. False 3. The Sarbanes-Oxley Act was designed to do which of the following select all that apply): a. Require accountability measures for publicly traded companies. b. Regulate shareholder dividend maximums. c. Provide refunds to bank customers for overdraft fees. d. Reduce corporate fraud. e. Regulate corporate profits. f. Create confidential systems for fraud reporting within a publicly traded company. 4. Compliance with the law is sometimes called the: a. Highest ethical standard. b. Best ethical standard. c. Moral Minimum. 5. Every public corporation is required to have an ethical hotline for reporting violations within the company. a. True b. False To make a decision resulting in good corporate citizenship, a business should evaluate the decision (1) based on the: (a) legal: (b) bottom line; or (c) resource implications of each decision; (2) the: (d) public relations; (e) ethical; or (b) profit impact; (3) the safety risks for: (g) workers: (h) vendors; or (i) consumers, and employees; and (4) the financial: 0) implications: (k) loses; or (1) profits. 7. A triple bottom line considers each of the following except: a. The corporation's impact on the planet. b. The corporation's profits. c. The corporation's resource allocation. d. The Corporation's impact on people.

Answer 1

Please give positive ratings so I can keep answering. It would help me a lot. Please comment if you have any query. Thanks!

Answer 1

Ethics is defined as a study of what constitutes a right and wrong before.

Answer 2

True. It was proposed by Barrack Obama.

Answer 3

Option a.

Option d.

Option f.

Answer 4

Option c.

Answer 5

True. It is mandated by Sarbanes Oxley Act.

Answer 6

Option 2.

Answer 7

Option c.