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1 The most basic ethical concerns have been formalized through laws and regulations that encourage conformity to society's values and norms

Business

1 The most basic ethical concerns have been formalized through laws and regulations that encourage conformity to society's values and norms. 
Select one: True False 
2. The best way to judge the ethics of a decision is to look at it from a manager's or employee's point of view. 
Select one: True 
False 
3. Ethics is related to the culture in which a business operates 
Select one: True False 
4. Establishing and enforcing ethical standards and policies within business can help reduce unethical behavior by prescribing which activities are acceptable and which are not and by removing the opportunity to act unethically. 
Select one: True False 
5. Ethical decisions in an organization are influenced by three key factors. 
Select one: True False 
6. Codes of ethics are formalized rules and standards that describe what the company expects of its employees. 
Select one: True False 
7. There are four dimensions of social responsibility: economic, legal, ethical, and voluntary. 
Select one: True False 
8. Voluntary responsibilities are optional activities that promote human welfare or goodwill. 
Select one: True False 
9. The right to safety requires that businesses provide a safe place for consumers to shop. 
Select one: True False 
10. Managers consider social responsibility on an annual basis. 
Select one: True False 
 

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