Aspects of an Ethics Program – Quiz Template Student Name_________________________­­­­­ 1. The values expressed in a corporate code of ethics should be cascaded throughout the policies and procedures in each functional department and be reflected in each of the organization’s operating systems. True_____False_____ 2. Since all stakeholders have the same interests and expectations for the organization, it is not important to consider each stakeholder when developing and ethics program. True­­_____False_____ 3. An organization that developed an ethics program would expect that _____. a) The public would respect and trust the organization’s goals. b) The stakeholders would be loyal to the organization. c) The executive leadership would be the model for the expected     behaviors. d) The code of ethics would distinguish the organization from other companies. e) Employees would feel more trust because they are made aware of the rules and intentions. f) Only c & e. g) Only b, c & e. h) Answers a, b, c, d, & e.  4. An organization develops its own cultural environment based on the mission, goals and norms of the business.  In order to indicate their operating standards to employees and to the public, organization’s often implement a Code of Ethics. True____False____ 5. The Sarbanes-Oxley Act, (SOX), was instituted by the Securities Exchange Commission, (SEC), to hold public-traded companies to a strict annual report on accounting practices.  It does not hold executives responsible for conducting business ethically. True_____False_____ 6. Culture change initiatives started from the bottom of the organization are less likely to be effective.  The two vital ingredients that leadership must personally provide to guarantee successful change in an organization are?   Fill in a brief answer.) _______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________ 7. Procedures and operating policies that align with the organization’s code of ethics should be the ruling documents for problem solving and decision-making for the organization.   True_____False_____ 8. Since most Federal Laws concerning treatment of employees (examples:  sexual harassment and hiring discrimination) apply to every business, each organization’s code of ethics can be developed using only the same values and expected behaviors as other organizations. True_____False__ _ __ 9.  Implementation for an ethic program:  _____ a) Is a way of communicating the expected behaviors. b) Needs to give a clear and consistent message to every employee. c) Should be done at time of hire by introducing the code of ethics. d) Should be conducted annually throughout the company. e) Can be done using many different venues including formal train.

1. Aspects of an Ethics Program – Quiz Template
Student Name_________________________-----
1.
The values expressed in a corporate code of ethics should be
cascaded throughout the policies and procedures in each
functional department and be reflected in each of the
organization’s operating systems.
True_____False_____
2.
Since all stakeholders have the same interests and expectations
for the organization, it is not important to consider each
stakeholder when developing and ethics program.
True--_____False_____
3.
An organization that developed an ethics program would expect
that _____.
a)
The public would respect and trust the organization’s goals.
b)
The stakeholders would be loyal to the organization.
c)
The executive leadership would be the model for the
expected behaviors.
d)

2. The code of ethics would distinguish the organization from
other companies.
e)
Employees would feel more trust because they are made aware
of the rules and intentions.
f)
Only c & e.
g)
Only b, c & e.
h)
Answers a, b, c, d, & e.
4.
An organization develops its own cultural environment based on
the mission, goals and norms of the business. In order to
indicate their operating standards to employees and to the
public, organization’s often implement a Code of Ethics.
True____False____
5.
The Sarbanes-Oxley Act, (SOX), was instituted by the
Securities Exchange Commission, (SEC), to hold public-traded
companies to a strict annual report on accounting practices. It
does not hold executives responsible for conducting business
ethically.
True_____False_____

3. 6.
Culture change initiatives started from the bottom of the
organization are less likely to be effective. The two vital
ingredients that leadership must personally provide to guarantee
successful change in an organization are?
Fill in a brief answer.)
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
______________________________
7.
Procedures and operating policies that align with the
organization’s code of ethics should be the ruling documents for
problem solving and decision-making for the organization.
True_____False_____
8.
Since most Federal Laws concerning treatment of employees
(examples: sexual harassment and hiring discrimination) apply
to every business, each organization’s code of ethics can be
developed using only the same values and expected behaviors as
other organizations.
True_____False__
_
__
9.
Implementation for an ethic program: _____

4. a)
Is a way of communicating the expected behaviors.
b)
Needs to give a clear and consistent message to every employee.
c)
Should be done at time of hire by introducing the code of ethics.
d)
Should be conducted annually throughout the company.
e)
Can be done using many different venues including formal
training classes.
f)
Can use computerized programs in order to keep everyone at the
job site.
g)
All of the above.
h)
Only b, e, f.
i)
Only c & e
10.
Changing an organization’s cultural direction can be quickly
accomplished by simply developing a code of ethics, which will
solve all the organization’s ethics problems.

5. True_____False_____
11.
Refresh ethics training for a public-traded organization is not
necessary if the code of ethics is read and signed at the time of
hiring.
True_____False_____
12.
In developing an effective ethics program, a System of Inquiry
can be utilized to identify the components of these three critical
elements:
Element #1 is:
_____________________________________________
Element #2 is:
_____________________________________________
Element #3 is:
_____________________________________________
13.
What is the purpose of a System of Inquiry’s Element #1?
(Briefly explain.)
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________

6. _____________________________________________________
___________________________________
14.
What is the purpose of a System of Inquiry’s Element #2?
(Briefly explain.)
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
___________________________________
15.
What is the purpose of a System of Inquiry’s Element #3?
(Briefly explain.)
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
________________________________________
16.
A strong ethical culture can be sustained when each employee at
every level takes ____________ and ____________for their
own actions.

7. 17.
Although some top executives like Bill Gates, formerly from
Microsoft, are well known for their dynamic leadership and
guidance, the Board of Directors of an organization, regulatory
agencies and consumer groups can also influence how an
organization is managed.
True__
__
False_____
18.
An organization’s leadership is not responsible for the behavior
of its employees.
True_____False_____
19.
Stock prices influence executive ethical decision-making.
True_____False_____
20.
Using navigation terms as a metaphor, complete the three
sentences with one of the following business tools.
a)
Code of Ethics
b)
System of Inquiry

8. c)
Mission or Vision Statement
1)
A _________________________establishes the goals
(destination) of the organization.
2)
A _________________________is a compass that gives
directions toward achieving intended results.
3)
A _________________________is the map because it details
the overall ethics program and desired business environment.
21.
A one-day dedicated training session that emphasizes doing the
right thing will address and clarify all ethical work problems.
True_____False__
_
__
22.
An organization’s reporting system for ethical violations is
usually the chain of authority. However, some companies
advocate Human Resources’ early involvement so that they can
monitor the process and help resolve the problems before they
can escalate. Briefly explain your organization’s procedure for
reporting ethical violations.

9. _____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
___________________________________
23.
A System of Inquiry can be used for: ______
a)
To define the professional values of an organization.
b)
To detail the reporting system for ethical violations.
c)
To identify the final authority for arbitration of discipline.
d)
To develop the methods for maintaining the ethics program.
e)
To develop the policies and procedures for the organization’s
operation.
f)
To outline the framework for an ethics program.
g)
Only b, c, & e
h)

10. Only a & d
i)
Answers a, b, c, d, e & f
24.
Typical employee reaction to change can take the form of
procrastination. Often, discontent can be evaluated by the
conflicts between employees and management and the slowdown
of work processes. At other times, employees will wait to see
how their boss reacts to any new rules.
True_____False_____
25.
Identify three stimulants or business events that would
necessitate revision of the organization’s professional values—
their Code of Ethics.
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
_____________________________________________________
________________________________________
26.
Which one of the following systems and procedures does NOT
belong under an ethics program?
______________________________________

11. Performance Appraisals
Rewards and Promotion Systems
Selection Practices
Orientation and Training Programs
Rules and Policies
Decision-making processes
The Grapevine
Performance Management Systems
Progressive Disciplinary Process
Employee Engagement
Signage
Mentors
Executive Leadership
Mission and/or Vision Statements
Ethics Officer
Whistle-Blowers
Conflict of Interest Policies
Employee surveys
Union contracts
Business Acquisitions
27.
Periodic employee surveys cannot determine potential ethical
problems within an organization’s culture.
True_____False_____
28.
How often should a public-traded organization’s code of ethics
be reviewed for possible changes? (Be specific.)
_____________________________________________________

12. _____________________________________________________
_____________________________________________________
__________________
29.
What three significant parts are required to build a framework
for an organization’s ethics program?
_____________________________________________________
_____________________________________________________
_____________________________________________________
__________________
30.
Employees’ lack of trust in the organization’s leadership
impacts shareholders’ returns.
True_____False_____