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Tax Segment 5 - Business EthicsEthics can probably be defined as doing what is right. Something that is wrong but not illegal is a good way to say that something is unethical. Usually something that is ethical is something that is legal, but not always. Something what is legal or within the law can also be wrong (or unethical). Our history is full of instances where something is legal but now considered unethical (or wrong). You get the idea. Tax School Homepage Student Instructions: Print this page, work on the questions and then submit test by mailing the answer sheet or by completing quiz online. Instructions to submit quiz online successfully: Step-by-Step check list Answer Sheet Quiz Online
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Material needed to complete this assignment:The Way to
Happiness (Intro. only)
1. "If you don't have integrity, you have nothing. You can have all the money in the world, but if you are not a moral and ethical person, you really have nothing." was said by
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Abraham Lincoln. 2. Robert J. Stevens sets the tone of ethics and values for his entire organization by
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Communicating clearly his expectations and values by leading by example.
3. According to Sandra Barbour, you need to do a test where you ask "Would I do this if I knew that I wouldn't get caught?" True False4. One action by one employee can distort the contribution of 135,000 employees so part of the communication on ethics includes
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The question "Do you want to be the person who would taint the
reputation of all these colleagues whom we admire and trust?" 5. The CEOs in Dilbert Ethics went golfing to discuss
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Taxes being too darn high. 6. Dilbert's office associates were discussing
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Making a fortune from special interest groups. 7. The lobbyist were concerned about Dilbert and their goal was to
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Find a way to influence Dilbert without money. 8. Dilbert was immune to the lobbyists' inducements. True False9. In the "Business Ethics" video clip about hooking younger people to smoking, they will convey their message by
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Advertising. 10. In the "Business Ethics" video clip, Mike, the accountant, is asked by the manager to pretend the sales from the January 1st, happened December 31 to make the company appear better to investors. This act is better described as
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A minor detail. 11. Accounting errors and purposely manipulating of books are misrepresentations of the company. An investor who wants to buy stock would see a large volume of sales and decide to buy the stock. Once someone notices something is wrong, or an accountant "blows the whistle" on the company,
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The stock prices would likely plunge. 12. The CEO did not want the company "Monsters Inc." to die so in his effort to save it he
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Made everyone in the company work overtime. 13. According to President Barack Obama, the line between campaign contributions and a bribe was really thin. True False 14. The Obama Administration will make sure that lobbyists be more transparent by having them meet in public. True False 15. According to President Barack Obama, for the first time we've made sure that lobbyist who bundled money have to
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List where they are getting the money from. 16. According to the "Business Ethics" video, when a business acts ethically, it will
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Lose money but that is the price of acting ethically. 17. According the "Business Ethics" video, Steve has a huge dilemma because
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He is not legally obligated to tell the customer about the possibilities
of cancer in the pill. 18. According to the "Business Ethics" video, since the pills are legally allowed to be sold, Steve does not have to say anything and thus since something is legal it means it is moral. True False 19. The video clip "Business Ethics" states that Steve should not sell the diet pills because they are cancerous. True False 20. According the the "Business Ethics" video, the company should decide not to sell cigarettes to minors in other countries because
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It is illegal.
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