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All of the following statements were the interrelated themes of broader responsibility
that emerged during the Progressive era EXCEPT:
A.managers were trustees, whose corporate roles put them in positions of power.
B.managers had an obligation to balance multiple interests.
C.many managers subscribed to the service principle.
D.managers concentrated more on promoting their self-interests.
Which of the following is NOT a general policy of the OECD Guidelines for
Multinational Enterprises?
A.Enterprises should encourage human capital formation, in particular by creating
employment opportunities and facilitating training opportunities for employees.
B.Enterprises should take disciplinary action against employees who make bona fide
reports to management.
C.Enterprises should refrain from seeking or accepting exemptions not contemplated in
the statutory or regulatory framework related to environmental, taxation, or other
issues.
D.Enterprises should respect the human rights of those affected by their activities
consistent with the host government's international obligations and commitments.
The Federal Trade Commission (FTC) has broad duties to:
A.ban the sale of products that expose consumers to unreasonable risks.
B.prohibit discrimination by lenders based on religion.
C.set safety standards for radiation-emitting products.
D.challenge mergers and acquisitions that reduce competition or innovation.
The members of the broad political and social reform movement that took place in the
early years of the 20th century are known as the:
A.old Progressives.
B.liberals.
C.new Progressives.
D.socialists.
The OECD Guidelines for Multinational Enterprises:
A.are a set of 16 broadly worded principles about protecting and conserving the natural
environment.
B.reinforces capitalism by making it moral.
C.are global guidelines for socially responsible and ethical behavior based on ethical
ideas in the great religions.
D.is the only comprehensive global code of corporate conduct endorsed by
governments.
Which of the following is an internal business environment?
A.Culture
B.Shareholders
C.Economy
D.Government
An express advocacy communication that is not coordinated with a candidate is known
as a(n):
A.independent expenditure.
B.bundle expenditure.
C.hard expenditure.
D.soft expenditure.
Identify the tier that is a part of internationalization.
A.Indirect investments
B.Importing essential goods
C.Licensing franchises
D.Portfolio investment
During industrialization:
A.consumption supplants thrift and saving.
B.less emphasis is placed on material things.
C.self-restraint overwhelms wealth creation.
D.rural, slow-paced societies remain unaltered.
Advocates of social responsibility feel that:
A.it is an ethical duty of corporations to promote social justice.
B.social responsibility is impractical.
C.forces other than social responsibility force full responsibility on corporations.
D.it is an insufficient doctrine.
A progressive business model:
A.is one where social performance is based on the response of the management teams
to pressures in the business environment.
B.focuses on making a profit and resists demand to go beyond the minimum duty of
obeying the law.
C.defines a strategy that meets market needs by mitigating social problems.
D.is one in which the central strategy for creating value is based on meeting market
demands.
Which of the following schools holds that in terms of biological and psychological
needs, human nature is the same everywhere?
A.Reciprocity
B.Ethical universalism
C.Amorality
D.Ethical relativism
The yellow dog contract was a type of employer-employee agreement according to
which workers would:
A.not associate themselves with any unions.
B.leave if they behaved unlawfully.
C.remain with the firm.
D.not disclose confidential information.
The _____ in the Constitution, Article VI, Section 2, sets forth the principle that when
the federal government passes a law within its powers, the states are bound by that law.
A.First Amendment
B.separation of powers clause
C.supremacy clause
D.Tenth Amendment
The two basic methods of proving a substance dangerous are:
A.animal testing and natural experiments.
B.animal testing and epidemiological studies.
C.computer models and epidemiological studies.
D.computer models and natural experiments.
Which of the following is a relevant categorization of stakeholders according to their
power to affect a firm's business?
A.Neutral, supportive, or confrontational
B.High, medium, or low influence
C.Neutral, investors, or environmentalists
D.Feminists, investors, or environmentalists
Facilitating payments:
A.are small amounts of money demanded by minor officials to perform their regular
duties.
B.refer to anything of value improperly requested or given in exchange for a corrupt
action.
C.violate anti-bribery laws and are not tolerated in any nation.
D.are endemic and routine in most developed nations.
The German term " _____ " refers to a program in which the government subsidizes
worker pay to promote employment.
A.nenko
B.kurzarbeit
C.elterngeld
D.oportunidades
When a worthwhile action of a company goes above and beyond what is required by
government regulations, it is called a:
A.mandated action.
B.civil action.
C.voluntary action.
D.market action.
Affirmative action complemented the ideal of:
A.equality of result.
B.equality of opportunity.
C.achievement based on merit.
D.individual rights before the law.
_____ is a polling process in which people are asked to put a dollar amount on some
aspect of nature.
A.Risk assessment
B.Contingent valuation
C.Cost-benefit analysis
D.Exposure assessment
A critique of the _____ model is that creating surplus ethical sensitivity that soars above
legal duty is impractical and unnecessary.
A.countervailing forces
B.stakeholder
C.market capitalism
D.dominance
Maximum achievable control technology is a performance standard used by the
Environmental Protection Agency to control:
A.emissions of hazardous air pollutants.
B.emissions of criteria pollutants.
C.water pollutants.
D.land pollutants.
In 2004, the United Nations added a tenth principle to the Global Compact requiring:
A.the effective abolition of child labor.
B.participant companies to adopt anti-corruption policies and controls.
C.respect for the protection of internationally proclaimed human rights.
D.the elimination of discrimination in employment and occupation.
A group that represents the political interests of many companies and industries is
called a:
A.peak association.
B.business association.
C.trade association.
D.sector association.
On the _____ of legal power, big corporations have formidable legal resources that
intimidate opponents.
A.abysmal level
B.fathomless level
C.surface level
D.deep level
The _____ model believes that it is undemocratic for corporations and the powerful
elite to control a system that enriches a few at the expense of many.
A.dominance
B.market capitalism
C.stakeholder
D.countervailing forces
The right to buy a company's stock at a fixed price and under the conditions set by the
company's board of directors is called a:
A.stock grant.
B.stock option.
C.stock answer.
D.stock bid.
The set of values, norms, and rules that define a company are called:
A.management theory.
B.organizational performance.
C.corporate culture.
D.strategies and policies.
These are outside directors who do not have business dealings with a corporation that
would impair their impartiality.
A.Intermediate directors
B.Independent directors
C.Internal directors
D.International directors
An amount of money for a project added into an appropriations bill by any member of
the Senate or House of Representatives is known as a(n):
A.budget proviso.
B.grant fund.
C.earmark.
D.competitive grant.
In which of the following ways did the railroads change American politics on the
surface level?
A.Trains brought delegates to national party nominating conventions, changing the way
candidates were picked.
B.Their lobbyists could dominate legislatures.
C.Trains enabled all sorts of associations to have national meetings.
D.The movement to give women the vote succeeded after Susan B. Anthony took trains
to all parts of the country, spreading her rhetoric and unifying the cause.
Critics of the stakeholder model argue that it:
A.creates prosperity at the cost of rising inequality.
B.primarily represents the perspective of the business and government.
C.seeks to give power to the powerless by replacing force with ethical duty.
D.has received little support from leading global organizations.
Gases that evaporate from liquid or solid carbon-based compounds and, which, in
sunlight react with other pollutants to form urban smog are known as:
A.particulate matters.
B.gas flares.
C.greenhouse gases.
D.volatile organic compounds.
