Answer the following statement(s) true (T) or false (F)
1. Situations in which no law has been broken can include ethical transgressions.
2. While such egregious cases of reallocating corporate money for personal use are most likely to be reported in the mainstream press, theft-related offenses occur on a smaller scale as well, such as using corporate resources for personal tasks such as phone calls and web surfing.
3. While profit may be the most important goal of a corporation, Milton Friedman understood that corporate ethics has a direct effect on the ability of a business to generate and hold on to its profits, thus was also a proponent of business ethics.
4. As consumer expectations of corporations change in the coming years, the ethics of personal versus corporate responsibility will not remain relevant.
5. For a company to have a strong ethical culture, C-suite executives and all other levels of management must fully believe in the ethical mission of the company.
1. True
2. True
3. True
4. False
5. True
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