Multiple Choice Answers

Question 1
Which of the following is NOT a characteristic of the market?
A. Aggressive Competitors
B. Demanding Creditors
C. Patient Stockholders
D. Aggressive Vendors

Question 2
When you are operating a business in the current environment, holding on to your promise to run an ethical business can be:
A. very challenging.
B. impossible.
C. easy.
D. relatively easy.

Question 3
For an ethical culture to be __________, it has to persist within the operational policies of the organization long after the public scandal or the latest management buzzword.
A. rememberable
B. sustainable
C. effective
D. efficient

Question 4
Which of the following is NOT a stage in creating a long lasting ethical culture?
A. Follow the competitors
B. Establish a code of ethics
C. Hire an ethics officer
D. Promote your organizations commitment to ethical behavior

Question 5
There is __________ perfect models for a code of ethics.
A. several
B. numerous
C. a few
D. no

Question 6
Which of the following is NOT a consideration in creating a code of ethics from scratch?
A. Get endorsement from management from various levels
B. Find a champion
C. Pick a well-tested model
D. Try it out first

Question 7
Even though your code of ethics is written for employees to follow, your __________ aren’t required to follow it.
A. shareholders
B. vendors
C. stakeholders
D. creditors

Question 8
Which of the following is NOT an objective of departmental ethics training?
A. Recognizing the ethical issue
B. Discussing options for an appropriate response
C. Selecting the best option for the organization
D. Comparing the ethical issue to the code of ethics

Question 9
The hiring of a(n) __________ represents a formal commitment to the management and leadership of an organizations ethics program.
A. chief operations officer
B. ethics officer
C. conduct officer
D. organizational officer

Question 10
__________ is the chief responsibility of an ethics officer.
A. Establishing company policies and procedures
B. Overseeing investigations of wrong doing
C. Oversight of hotline/guideline/internal reporting
D. Training design

Question 11
With standards of behavior specified in the code of ethics, along with the punishment served for failing to follow those standards, your ethics program can quickly become:
A. very harsh.
B. rigid.
C. stagnant.
D. flexible.

Question 12
The threats of punishment must be:
A. delivered fairly.
B. congruent with the company’s ethics.
C. balanced with promised rewards for successful behavior.
D. delivered equally.

Question 13
An ethics policy commits you to doing the right thing for all your stakeholders, therefore the message must be shared with all your:
A. shareholders.
B. customers.
C. stakeholders.
D. government.

Question 14
Any organizations commitment to ethical performance must be watched:
A. annually.
B. quarterly.
C. periodically.
D. constantly.

Question 15
__________ organization policies refers to organizations that maintains open and honest communications with all stakeholders.
A. Transparent
B. Opaque
C. Open
D. Closed

Question 16
When a company develops a clear sign of what they stand for as an ethical organization, this is known as __________ ethical policies.
A. responsive
B. reactive
C. receptive
D. proactive

Question 17
When a company is driven by events and/or a fear of future events, this refers to __________ ethical policies.
A. transparent
B. reactive
C. proactive
D. passive

Question 18
Recognizing the concept of business ethics allows us to categorize behavior as unethical, but when you are looking to manage the reputation and policies of an organization, the commitment to doing the right thing becomes more about __________ than any sense of a written ethics policy.
A. perception
B. culture
C. integrity
D. management

Question 19
True ethical policies are __________, where the company develops a clear sense of what they stand for as an ethical organization – not only what ethics means to them and their stakeholders, but also the extent of the actions they will take (and the necessary punishments they will enforce to get there).
A. integrated
B. transparent
C. proactive
D. reactive

Question 20
Organizational __________ describes where an organization commits to the highest professional standards.
A. code of conduct
B. transparency
C. integrity
D. commitment