According to the chapter, what was the payout for the class-action legal fraud suit against WorldCom?
Explanation
This question assesses the ability to recall specific quantitative data related to the financial consequences of unethical business practices discussed in the chapter.
Other questions
What is the definition of business ethics provided in the text?
What does the term 'whistle-blowing' refer to in the context of business ethics?
What is the definition of a bribe according to Black’s Law Dictionary, as cited in the chapter?
The chapter discusses a recent case where Siemens AG was fined for bribery. What was the total amount of the fine?
What is the term for actions an organization takes beyond what is legally required to protect or enhance the well-being of living things?
According to a survey cited in the chapter, what percentage of firms have policies that prohibit romantic relationships between a supervisor and a subordinate?
What is the chapter's definition of 'sustainability'?
Wal-Mart Stores provides an annual sustainability report. In addition to its own operations, whose practices does this report also scrutinize?
What is ISO 14000?
What is the core requirement of the ISO 14001 standard?
According to the chapter, how many songbird species in the United States have dramatically declined in numbers in the last two decades?
The chapter highlights that 'good ethics is good business.' Who are the individuals primarily responsible for ensuring high ethical principles are espoused and practiced in an organization?
What is a key reason provided in the chapter for why firms should adopt proactive, rather than reactive, environmental policies?
The chapter lists several reasons why firms should 'Be Green.' Which of the following is NOT listed as one of those reasons?
What is the primary argument from economist Milton Friedman regarding social responsibility, as mentioned in the chapter?
According to the ISO, what is the definition of 'environment'?
How many Americans are members of environmental advocacy groups, according to the text?
The chapter mentions a major funding announcement by President Obama in August 2009 for electric car manufacturing. What was the amount of this funding?
To ensure a code of business ethics is effective, what does the chapter suggest is needed beyond merely having the document?
What does the term 'social policy' embrace, according to the chapter?
The chapter discusses social policies on retirement and notes that Japan's national debt is what percentage of its gross domestic product (GDP)?
What is one of the major requirements of an Environmental Management System (EMS) under ISO 14001?
Which company, mentioned as an example in the chapter, is cutting carbon emissions from fuels by half by 2012?
The chapter suggests that to be socially responsible, firms should proactively conserve and preserve the natural environment. What is one example of a proactive environmental strategy listed in the text?
According to a study mentioned in the chapter, what percentage of corporate recruiters said it is important to hire students with an awareness of social and environmental responsibility?
What is the primary risk of merely having a code of ethics without reinforcing it?
In the context of love affairs at work, what did a recent Wall Street Journal article report about the percentage of firms that have no restrictions on such relationships?
According to Fortune magazine's 2009 list, which company was ranked number one for social responsibility?
What percentage of foreign workers make up the total population in Japan, according to the chapter's discussion on social retirement policies?
What is the primary reason mentioned in the chapter that businesses are moving environmental affairs from a staff function to a line function?
The chapter discusses a study on bird populations in the United States. How many of the 800 bird species in the U.S. are considered endangered?
What does the chapter identify as a major cause of the decimation of fisheries, marine life, and coral reefs?
Why can it be a strategic disadvantage for a company not to be ISO 14001 certified?
What is the first social responsibility of any business, according to the chapter's discussion?
In the discussion about love affairs at work, the chapter mentions that relations between which two groups are considered a 'de facto conflict of interest' at the World Bank?
How many megawatts of wind power does Texas generate, making it the leader in the United States?
What is a major reason provided for the recent trend of firms and governments moving toward proactive environmental strategies?
What did the scientists at the March 2009 Copenhagen Meeting warn would happen by the end of the century if greenhouse gas emissions are not radically reduced?
The chapter argues that simply having a code of business ethics is not sufficient. What is a key reason for this assertion?
The company Better Place is building a network of 250,000 electric car recharging stations in which US metropolitan area?
What is the primary view of Peter Drucker on the role of character and integrity in a manager, as quoted in the chapter?
Hawaii's Clean Energy Initiative aims to cut its dependence on oil to what percentage by 2030?
What is the primary criticism of using terms like 'organic', 'green', or 'earth-friendly' on product labels in the past, according to the chapter?
According to the chapter, what percentage of the earth is covered by the ocean?
Why do some strategists argue against being completely open with their strategies?
What does the 'top-down' approach to strategy formulation contend, as discussed in the chapter?
What is a primary distinction made between Mintzberg's 'artistic' model of strategy and the 'science' model advocated in the textbook?
According to the chapter, what is the 'business green' topic that political and corporate leaders now realize will not go away and is gaining ground rapidly?
In the discussion on social policies, what percentage of Japanese men aged 60 to 64 work, according to the International Labor Organization?