HRM 522 Week 5 Midterm Exam Part 1

Aug 11th, 2016
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Question 1 Principles are Answer laws and regulations that guide behavior in the world of business. mores, values, and customs that guide behavior in general. specific and pervasive boundaries for behavior that are universal and absolute. the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. the mores, values, and customs that parents teach their children. Question 2 Ethics is a part of decision making Answer at all levels of work and management. primarily at the upper management levels of an organization. mostly for policy makers. that is less important than other decision making processes. only at that lower levels of organizational management Question 3 Which of the following is not something a firm might do to encourage organizational ethics and compliance? Answer Employee ethics training Hiring a compliance officer Ignoring potential ethical issues Writing a code of ethics Conducting a

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HRM 522 Week 5 Midterm Exam Part 1Question 1Principles areAnswerlaws and regulations that guide behavior in the world of business.mores, values, and customs that guide behavior in general.specific and pervasive boundaries for behavior that are universal and absolute.the obligations businesses assume to maximize their positive impact and minimize their negativeimpact on stakeholders.the mores, values, and customs that parents teach their children.Question 2Ethics is a part of decision makingAnswerat all levels of work and management.primarily at the upper management levels of an organization.mostly for policy makers.that is less important than other decision making processes.only at that lower levels of organizational managementQuestion 3Which of the following is not something a firm might do to encourage organizational ethics andcompliance?AnswerEmployee ethics trainingHiring a compliance officerIgnoring potential ethical issuesWriting a code of ethicsConducting an ethics and compliance auditQuestion 4During the 1990s the institutionalization of business ethics was largely driven by which piece oflegislation?AnswerSarbanes-Oxley ActFederal Sentencing Guidelines for OrganizationsDodd-Frank Wall Street Reform and Consumer Protection ActForeign Corrupt Practices ActGlobal Sullivan PrinciplesQuestion 5Having acceptable personal ethics is probably not going to be sufficient to handle complexbusiness ethical issues when an individual hasAns

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