B) 37% C) 67% D) 97% Answer: C Explanation: C) CEOs have to be clear that unethical behavior is not acceptable. In one survey, 67 percent of investors said they would move their account if they discovered the company was involved in unethical behavior. 8) The CEO of GE begins and ends each annual meeting by ________. A) introducing the firm's senior officials B) reviewing the firm's financial details C) stating the firm's integrity principles D) asking stockholders for their opinions Answer: C Explanation: C) Jeff Immelt, GE's CEO, begins and ends each annual meeting of 220 officers and of its 600 senior managers by restating the company's fundamental integrity principles: "GE's business success is built on our reputation with all stakeholders for lawful and ethical behavior. Commercial considerations never justify cutting corners. Upholding this standard is the specific responsibility of the leaders in the room." 9) What do most of the 500 largest corporations in the United States have? A) social responsibility audits B) environmental audits C) codes of ethics D) podcasts Answer: C Explanation: C) Most of the 500 largest corporations in the United States now have a code of ethics, which encompasses written conduct standards, internal education, and formal agreements on industry standards, ethics offices, social accounting, and social projects. 10) With regards to ethics, most of the 500 largest corporations in the U.S. now have a code of ethics. Which of the following would LEAST likely be included in the codes? A) ethics offices B) social accounting C) conduct standards D) performance appraisals
B) 37% C) 67% D) 97% Answer: C Explanation: C) CEOs have to be clear that unethical behavior is not acceptable. In one survey, 67 percent of investors said they would move their account if they discovered the company was involved in unethical behavior. 8) The CEO of GE begins and ends each annual meeting by ________. A) introducing the firm's senior officials B) reviewing the firm's financial details C) stating the firm's integrity principles D) asking stockholders for their opinions Answer: C Explanation: C) Jeff Immelt, GE's CEO, begins and ends each annual meeting of 220 officers and of its 600 senior managers by restating the company's fundamental integrity principles: "GE's business success is built on our reputation with all stakeholders for lawful and ethical behavior. Commercial considerations never justify cutting corners. Upholding this standard is the specific responsibility of the leaders in the room." 9) What do most of the 500 largest corporations in the United States have? A) social responsibility audits B) environmental audits C) codes of ethics D) podcasts Answer: C Explanation: C) Most of the 500 largest corporations in the United States now have a code of ethics, which encompasses written conduct standards, internal education, and formal agreements on industry standards, ethics offices, social accounting, and social projects. 10) With regards to ethics, most of the 500 largest corporations in the U.S. now have a code of ethics. Which of the following would LEAST likely be included in the codes? A) ethics offices B) social accounting C) conduct standards D) performance appraisals
Human%20Resource%20Business%20Ethics%20and%20Corporate%20Social%20Responsibility.docx