A stakeholder orientation can be viewed as a(n)
a. necessity for business success.
b. continuum.
c. polarizing concept.
d. good marketing ploy.
e. expensive proposition.
Which of the following is nota benefit of ethics auditing?
a. It can improve a firm’s performance and effectiveness.
b. It can increase a firm’s attractiveness to investors.
c. It can identify potential risks.
d. It can harm relationships with stakeholders.
e. It can reduce the risks associated with misconduct.
Which of the following is nota step in the ethics auditing process?
a. Secure commitment of top executives and directors.
b. Review organizational mission, goals, values and policies, and define ethical
priorities.
c. Report the results to the U.S. Sentencing Commission.
d. Collect and analyze relevant information.
e. Verify the results.
The apathetic organizational culture exhibits
a. high concern for people but minimal concern for performance.
b. little concern for people but a high concern for performance.
c. minimal concern for people and performance.
d. high concern for people and performance.
e. no concern for maintaining a cohesive organizational culture.
The degree to which a firm understands and addresses stakeholder demands can be
referred to as a.
a stakeholder orientation.
b. a shareholder orientation.
c. the stakeholder interaction model.
d. a two-way street.
e. a continuum.
During the 1990s the institutionalization of business ethics was largely driven by which
piece of legislation?
a. Sarbanes-Oxley Act
b. Federal Sentencing Guidelines for Organizations
c. Dodd-Frank Wall Street Reform and Consumer Protection Act
d. Foreign Corrupt Practices Act
e. Global Sullivan Principles
When unethical acts are discovered in a firm, in most instances
a. they are caused by unwilling participants.
b. the cause is due to external stakeholders.
c. the perpetrators are caught and prosecuted.
d. there was knowing cooperation or complicity from within the company.
e. the cause is a corrupt Board of Directors.
Who argued during the 1930s that the state could stimulate economic growth and
improve stability in the private sector?
a. Adam Smith
b. John Maynard Keynes
c. Milton Friedman
d. Herbert Hoover
e. Geert Hofstede
What type of fraudulent activity could involve a consumer staging an accident to seek
damages?
a. Whacking b. Duplicity c. Guile
d. Defamation e. Collusion
Which of the following is generally notconsidered a business ethics issue?
a. Harassment
b. Accounting fraud
c. Employee theft
d. Misuse of organizational resources
e. Corporate hierarchy
The first Earth Day, increasing stakeholder awareness of environmental concerns and
the creation of the Environmental Protection Agency brought to the forefront.
a. corporate social responsibility
b. alternative energy sources
c. diversity
d. sustainability
e. competition
Concerns involving copyright infringement on books, movies and music, and other
illegally produced goods relate to which type of ethical issue?
a. Conflict of interest
b. Honesty
c. Communications
d. Discrimination
e. Intellectual property rights
_____________occurs when the middle class shrinks, resulting in highly concentrated
wealth amongst the rich and a large number of poor people with very few resources.
a. Communism
b. Socialism
c. Bimodal wealth distribution
d. A two-class social structure
e. Laissez-faire capitalism
When unethical acts are discovered in a firm, in most instances
a. they are caused by unwilling participants.
b. the cause is due to external stakeholders.
c. the perpetrators are caught and prosecuted.
d. there was knowing cooperation or complicity from within the company.
e. the cause is a corrupt Board of Directors.
Which of the following has been identified by the Ethics Resource Center as the leading
form of observed misconduct in organizations?
a. Discrimination
b. Bullying
c. Lying
d. Misuse of company resources
e. Sexual harassment
A cultural audit may be used to identify
a. how cultured a firm’s employees are.
b. unethical employees.
c. unethical organizations.
d. an organization’s culture.
e. organizational structure.
Title VII of the Civil Rights Act of 1964
a. prohibits discrimination on the basis of race, color, sex, religion, or national origin.
b. penalizes the top executives in an organization for misconduct.
c. is basically the same as the Sarbanes-Oxley Act.
d. discourages whistle-blowers from reporting misconduct.
e. prohibits pay discrimination on the basis of gender.
Which is notone of the four sources of criminal and civil laws?
a. Judicial law
b. Common law
c. Constitutional law
d. Administrative law
e. Statutory law
Which of the following statements about training is false?
a. It can educate employees about the firm’s policies and expectations, as well as about
relevant laws and regulations and general social standards.
b. It can dictate personal ethics on the job.
c. It can make employees aware of available resources, support systems, and designated
personnel who can assist them with ethical and legal advice.
d. It can empower employees to ask tough questions and make ethical decisions.
e. It can affect the influence of organizational culture, coworkers and superiors, and
opportunity.
Those who have a claim in some aspect of a firm’s products, operations, markets,
industry, and outcomes are known as
a. shareholders.
b. stockholders.
c. stakeholders.
d. claimholders.
e. special-interest groups.
Because ethics and social audits are________,there are few standards that a company ca
n apply with regard to reporting frequency, disclosure requirements, and remedial
actions that it should take in response to results.
a. not necessary
b. expensive
c. required by law
d. mandatory
e. voluntary
Which moral philosophy evaluates the morality of an action on the basis of the equity,
fairness, and impartiality of the action, with rules serving as guidelines in the
decision-making process?
a. Rule utilitarianism b. Act utilitarianism c. Rule deontology
d. Act deontology
e. The relativist perspective
___________justice considers the processes and activities that produce the outcome or
results.
a. Disruptive
b. Procedural
c. Interactional
d. Communications
e. Evaluative
Which of the following is notcited as an example of a global collaborative effort to
establish standards of business conduct?
a. Council on Economic Priorities’ Social Accountability 8000
b. Ethical Trading Initiative
c. U.S. Apparel Industry Partnership
d. United States Sentencing Commission
e. World Trade Organization
Discuss the difference between primary and secondary stakeholders in the stakeholder
interaction model and give examples for each type.
Compare and contrast the stakeholder and shareholder models of corporate governance.
What are the roles of the IMF and the WTO in encouraging, monitoring, and regulating
international trade?
What is the Global Reporting Initiative? What is its goal? Why has it grown in
importance?
How do societal expectations affect corporations and their ethical initiatives? Give an
example of a company that had to alter a product or service because of society€s
concerns about its health, moral, or social impacts.
Discuss the evolution of business ethics as a field of study from before 1960 to the
present.
Describe the different kinds of power. Are some types of power more likely to result in
ethical behavior than others?
Why is ethical misconduct more difficult to overcome than poor financial performance?