In considering whether or not to do a certain action based on ethical reasoning, a
manager asks herself: “If I act in this way, would my family approve of my actions?”
Which of the following ethical principles is she applying?
A.The ends-means ethic
B.The intuition ethic
C.The organization ethic
D.The disclosure rule
____, especially a few hundred of the largest headquartered in developed nations, are
the central forces of current economic globalization.
A.Transnational corporations
B.Multinational corporations
C.Micro-multinationals
D.International corporations
Which of the following is true regarding natural rights?
A.They are bestowed by governments on their citizens.
B.They have to be codified by the legislative body.
C.They exist on a higher plane than civil rights.
D.They are also called alienable rights.
The New Deal was a political sea change born out of the Great Depression. Which of
the following is a lasting legacy of the era?
A.The government should spend more on infrastructure programs that promoted
business rather than social programs.
B.The philosophy that government should be used to correct the flaws of capitalism and
control the economy.
C.The view that government should lay the groundwork for a large, powerful, and
activist worker’s state.
D.The government should not interfere with corporations.
According to ____, rich people and dominant companies are morally superior.
A.neo-Darwinism
B.neural Darwinism
C.social Darwinism
D.universal Darwinism
_____ advocacy suggests the election or defeat of a candidate using specific words like
“vote for,” “defeat,” or ‘support.”
A.Ideological
B.Express
C.Bureaucratic
D.Issue
What method does the EPA use to calculate the value of a statistical life?
A.Willingness-to-accept approach
B.Willingness-to-pay approach
C.Social welfare approach
D.Social surplus approach
Sociologist C. Wright Mills saw American society as a pyramid of power and status.
The base of the pyramid was composed of:
A.a mass of powerless citizens.
B.a large elite in command of the economic, political, and military domains.
C.a big group of lieutenants who carried out the elite’s policies.
D.professional managers of corporations, politicians beholden to the elite for their
election, and bureaucrats appointed by the politicians.
The two elements that determine the CSR orientation of a firm are its business model
and its:
A.strategic alliances.
B.leadership.
C.investor relations.
D.philanthrocapitalism.
Identify the correct statement about the Securities and Exchange Commission (SEC).
A.SEC rules prohibit the dollar value of extra benefits from being disclosed to
shareholders.
B.It is a limited regulatory commission with five members, one of whom serves as
chairman, appointed by the governor for five years.
C.It now has a staff of 3,500 and an annual budget of approximately $900 million.
D.Under SEC rules, a company can reject a proposed resolution for any of 30 reasons.
This is the limited, speculative purchase of stocks and bonds of a foreign company by
individuals or mutual funds.
A.Portfolio investment
B.FDI
C.TNI
D.Direct investment
The debasement of integrity for money, position, privilege, or other self-benefit is
termed as:
A.manipulation.
B.exploitation.
C.lobbying.
D.corruption.
Human rights are an example of which force in globalization?
A.Capital
B.Technology
C.Ideas
D.NGOs
In background lobbying, lobbyists:
A.try to raise awareness of a particular cause at the local level.
B.carry out activities that are designed to build friendly relations with lawmakers,
officials, and staffs.
C.try to generate public support for the position of a company, industry, or any interest.
D.carry out direct interaction with government officials or staffs through meetings,
phone calls or e-mails.
The Foreign Corrupt Practices Act (FCPA):
A.can fine individuals up to $2 million and five years in prison for violations of the
law’s bribery provisions.
B.makes it a criminal rather than a civil offense to bribe an official of a foreign
government.
C.makes it legal for bribes paid by managers of one corporation to managers of another.
D.contains an exception for facilitating payments intended only to restrict “routine
governmental action.”
The First Amendment:
A.gives each state sovereign immunity from being sued in federal court by someone of
another state or country.
B.allows the Congress to levy tax without appointing it among the states or basing it on
Census results.
C.protects rights of free speech, freedom of the press, and freedom of assembly.
D.gives defendants in criminal cases the right to a speedy trial.
A _____ emerges when people move beyond subsistence production to production for
trade, and markets take on a more central role.
A.centrally planned economy
B.welfare economy
C.market economy
D.socialist economy
The World Bank is an example of which force in globalization?
A.Multilateral organizations
B.Technology
C.Ideas
D.Labor
The _____ Amendment of the U.S. constitution prohibited race discrimination in
voting.
A.Fourteenth
B.Fifteenth
C.Sixteenth
D.Thirteenth
The idea that a bank cashier should not be fired for stealing $100 if a bank officer is
allowed to keep his job after embezzling $1,000 is consistent with the ethical principle
of:
A.retributive justice.
B.restorative justice.
C.distributive justice.
D.compensatory justice.
These are aspirational statements of principles, policies, and rules for foreign operations
that a multinational corporation voluntarily agrees to follow.
A.Industrial codes of conduct
B.Professional codes of conduct
C.International codes of conduct
D.Corporate codes of conduct
The FDA has the authority to:
A.regulate the safety and labeling of alcoholic beverages.
B.protect the public from fraudulent sale practices.
C.regulate the quality, safety, and labeling of poultry.
D.approve human and veterinary drug and medical services.
When a corporation aligns its charitable strategy with its business strategy, it is known
as:
A.venture philanthropy.
B.strategic philanthropy.
C.philanthrocapitalism.
D.altruism.
When an agency decides to promulgate a rule and the draft is ready, the agency
publishes it as a proposed rule in the:
A.Code of Federal Regulations.
B.Official Congressional Directory.
C.United States Reports.
D.Federal Register.
Which of the following is a criticism of the stakeholder model?
A.It does not account for changes that take place in the ideas and processes of society.
B.It generally reflects a way of looking at the BGS relationship Western nations.
C.There is no single, clear, and objective measure to evaluate the combined
ethical/economic performance of a firm.
D.It has a negative impact on a corporation’s wealth-creating function.
Workplace fatalities have declined after the creation of the:
A.National Labor Relations Board.
B.Occupational Safety and Health Administration.
C.Employment and Training Administration.
D.U.S. Chemical Safety and Hazard Investigation Board.
Risk is the probability that a harm will occur and it is typically measured on a scale that
ranges between:
A.minus one and absolute certainty.
B.minus one to plus one.
C.zero and absolute certainty.
D.zero to ten.
The international effort to develop uniform standards for company reports is called the:
A.social audit.
B.triple bottom line.
C.GRI.
D.stakeholder engagement.
Most multinational corporations (MNCs) are:
A.public enterprises.
B.state-owned.
C.cooperatives.
D.private enterprises.
According to norms of distributive justice:
A.fair criteria should be used to assign benefits and burdens of affirmative action.
B.affirmative action destroys the right of all individuals to equal treatment before law.
C.the overall benefit to society as a result of affirmative action should be calculated.
D.discrimination in favor of protected groups is benevolent of intention.
FDI is an example of which force in globalization?
A.Ideas
B.Capital
C.Labor
D.Technology