A(n) ____ is a set of guidelines for helping a firm make ethical decisions:
Answer
Correct Answer:
Code of conduct
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______Refers to achieving the appropriate balance between time spent working and one’s personal life.
Answer
Correct Answer:
Work–life balance
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The donation of time to assist a nonprofit organization or people in need is known as?
Answer
Correct Answer:
Volunteerism
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A nonprofit organization that serves as a conduit between businesses that generate money and nonprofit organizations that serve community needis known as ?
Answer
Correct Answer:
United Way
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United Nations Global Compact principles are ____in the areas of human rights, labor, environment, and corruption that aim to obtain consensus on accepting a set of shared values and moral norms for conducting business anywhere in the world.
Answer
Correct Answer:
Ten principles
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A Sweatshops business facility that employs workers at high wages, for short hours, and in healthy working conditions.
Answer
Correct Answer:
False
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The partnering of a company and nonprofit organization to achieve a communal good that also benefits the company is known as ?
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Correct Answer:
Strategic philanthropy
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Funds that screen companies for only organization performance.
Answer
Correct Answer:
False
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____Refers to using business principles to directly meet basic human needs.
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Correct Answer:
Social entrepreneurship
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An extended period of leave from one’s customary work to rest or acquire new skills or training is known as ?
Answer
Correct Answer:
Sabbaticals
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____Is the donation of money or property to assist a nonprofit organization or people in need.
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Correct Answer:
Philanthropy
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A Multinational corporation that “has facilities and other assets in five countries other than its home country.”
Answer
Correct Answer:
False
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The exchange of goods, services, or resources across borders is known as?
Answer
Correct Answer:
International business
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Helps businesses think through international ethical issues where the norms of one culture conflict.
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Correct Answer:
Fasle
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______Refers to noncash donations of products, which are tax deductible when given through a 501(c)(3) organization (a nonprofit recognized by the IRS as being tax-exempt).
Answer
Correct Answer:
In-kind donations
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GRI is a framework developed with output from business activists that provides quantifiable measures for environmental, social, and governance costs and benefits.
Answer
Correct Answer:
False
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A law passed in _____making it illegal for American businesses to directly pay bribes in other nations or through intermediaries, such as joint venture partners or agents.
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Correct Answer:
1977
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A certification process that ensures a product meets environmentally sustainable criteria and employees earn a fair wage and have safe working conditions is known as?
Answer
Correct Answer:
Fair trade
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ESG is a Investment decision made based on an assessment of a company in the areas of environmental, social, and governance performance; also known as socially responsible investment (SRI).
Answer
Correct Answer:
True
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Child labor is any work performed by a person under ____of age, or under the age of completion of compulsory education, whichever is higher.
Answer
Correct Answer:
15 years
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Providing someone with a monetary incentive is known as ?
Answer
Correct Answer:
Bribe
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