Legal Environment Exam 1 Chapter 2

21 August 2022
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operators, owners, suppliers, the community, or society as a whole.
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Any decision by the management of Fast-Food Franchise Corporation may significantly affect its
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questions of rightness and wrongness
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Lia works for Media Marketing Company. Her job includes putting "spin" on the firm's successes and failures. In this context, ethics consist of
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more complex ethical issues.
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John is sales manager for Kleen 'N Brite Products, Inc. Compared to John's personal activities, his business activities most likely involve
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fair or just behavior.
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In studying the legal environment of business, Professor Dooley's students also review ethics in a business context. Ethics includes the study of what constitutes
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try his best to not do anything illegal and keep documentation showing that he always acts in good faith
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David, the chief accounting officer of Tension Fencing Corporation, wants to be sure that all the company's accounts are legal and ethical. Sometimes, however, he is unsure exactly what is legal and what is illegal. David should
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Good faith
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Eden, the chief executive officer of Flo-Thru Piping Corporation, wants to en-sure that Flo-Thru's activities are legal and ethical. The best course for Eden and Flo-Thru is to act in
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Law
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Ridgeline Excavation & Construction, LLC, creates an internal code of ethics. Like the codes of other firms, Ridgeline's company code is not
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All of the choices
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In deciding questions of corporate social responsibility, Valley Disposal & Recycling, Inc., is concerned with
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the law does not codify all ethical requirements.
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Precision Engineering Inc., like other corporations, is subject to laws that are broad in their purpose and their scope. Compliance with these laws is not always sufficient to determine "right" behavior because
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Create an ethical code of conduct
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Ergonomic Corporation convenes its employees for its managers to announce (1) a new company-wide ethical code of conduct, (2) an ad campaign to publicize the new code, and (3) the discharge of employees who do not adhere to the code. One of the most effective ways to set a tone of ethical behavior within a business organization is
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Demonstrate a commitment to ethical decision making
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Straitway Company encourages its managers to behave ethically, reasoning that the employees will take their cues from management. One of the most important ways to create and maintain an ethical behavior workplace is for management to