The view of the firm that recognizes just suppliers and customers as stakeholders is the
A.production view.
B.managerial view.
C.ownership view.
D.stakeholder view.
Answer:
Philanthropy, as it is used in the textbook, means
A.donations of corporate employees’ time and talents.
B.a desire to help mankind by acts of charity.
C.business giving of financial resources.
D.altruistic acts that benefit all of society.
Answer:
The sense that concern for fairness, justice, and due process to people, groups, and
communities should be woven into managerial decision-making is called
A.integration of managerial and moral competence.
B.moral obligation.
C.moral sensitivity.
D.moral evaluation.
Answer:
All of the following are significant issues in cigarette advertising except
A.promotion of a dangerous product.
B.its aim at young audiences.
C.its aim at less-educated consumer markets.
D.its aim at less-developed countries.
Answer:
The form of discrimination in which fewer minorities are included in the outcome of a
practice than would be expected by their numerical proportion is called
A.disparate treatment.
B.disparate impact.
C.Title VII discrimination.
D.stereotype discrimination.
Answer:
Which of the following is not part of CARU’s guidelines for advertising directed toward
children under the age of twelve?
A.take into account the maturity, knowledge, and sophistication of the audience
B.do not exploit the imaginations of young children
C.incorporate minority and other groups into the advertising
D.consider the socioeconomic level of the audience
Answer:
The model of ethical management in which managers fail to take morality into account
when making decisions is
A.immoral management.
B.moral management.
C.semi-moral management.
D.amoral management.
Answer:
The micro level of legitimacy refers to achieving and maintaining legitimacy by
conforming to societal expectations for
A.the business system as a whole.
B.public policy partnerships.
C.non-government organizations.
D.individual businesses.
Answer:
The board’s compensation committee has responsibility for
A.setting directors’ pay scales.
B.making sure that all employees are paid a fair wage.
C.evaluating executive performance and recommending terms and conditions of
employment.
D.determining what bonuses should be paid and to whom.
Answer:
The key operating question of moral management is
A.can we make money with this action, regardless of what it takes?
B.will this action be fair to all stakeholders?
C.what effects will this action have on our stakeholders?
D.can we make money with this action?
Answer:
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
The diversity chair for the Society of Human Resource Management (SHRM) stated,
“Race was the sacrificial lamb to launch diversity and make it palatable to corporate
America.” What does she mean?
Answer:
The fact that company information should be made at regular and frequent intervals and
should contain information that might affect the investment decisions of shareholders is
contained in the concept of
A.full disclosure.
B.transparency.
C.open door reporting.
D.both full disclosure and transparency.
Answer:
The Foreign Corrupt Practices Act
A.governs the operations of foreign MNCs in the United States.
B.makes it illegal to make any type of payment to a foreign citizen for the purpose of
doing business.
C.makes it illegal for the representative of an American corporation to offer or pay
officials of foreign governments for the purpose of getting or maintaining business.
D.makes it illegal for American government officials to accept bribes from foreign
nationals.
Answer:
Workers who are more likely to be exposed to workplace violence than their peers are
ones who
A.deliver things.
B.work in small towns.
C.work for the post office.
D.work during the afternoon and early evening hours.
Answer:
The challenge in all managerial situations is take what can be done and what should be
done and find
A.a balance.
B.the more practical solution.
C.the least costly approach.
D.the most effective action.
Answer:
The ethical management model that conforms to high standards of behavior or
professional standards of conduct is
A.immoral management.
B.semi-moral management.
C.moral management.
D.amoral management.
Answer:
The ____ argument against CSR focuses on the consequence of the requirement that
business must internalize costs that it formerly passed on to society in the form of dirty
air run safe products which might necessitate raising prices.
A.Resources Available
B.Business not equipped
C.Dilutes Business purpose
D.Global Competitiveness
Answer:
Planning aspects of the issues management process include all of the following except
A.identification.
B.analysis.
C.ranking.
D.monitoring.
Answer:
Which industry was noted for spending more on lobbying than all others?
A.gaming
B.oil
C.pharmaceutical
D.auto
Answer:
Personal liability for a corporate board member means that
A.directors have a legal obligation to pay all debts of the corporation.
B.directors have a legal obligation to pay all debts of the corporation if the company
cannot.
C.directors may be sued for breach of fiduciary duty.
D.directors have a personal responsibility to the shareholders.
Answer:
Groups that employ violent acts that involve real or threatened damage to people or
property in pursuit of environmental goals are called
A.radical ecologists.
B.scientific anarchists.
C.ecoterrorists.
D.bio-environmentalists.
Answer:
Which of the following terms does not refer to the same thing?
A.social audit
B.social performance report
C.social accounting
D.social impact statement
Answer:
One of the functions of corporate governance is
A.oversight of senior managers.
B.capital budgeting.
C.incorporating ethics into the strategic planning process.
D.monitoring executive bonuses.
Answer:
Arguments in favor of bribery include
A.it’s necessary for profit.
B.nobody does it.
C.they are forms of wages.
D.they are not expected.
Answer:
Employer promises that they may not even know they made are called
A.inherent intentions.
B.implied contracts.
C.public policies.
D.good faith promises.
Answer:
Any type of stake can be viewed as a(n)
A.option.
B.ownership position.
C.right.
D.duty.
Answer:
Critics of integrity tests claim each of the following except:
A.They are intrusive and invade privacy.
B.They are unreliable.
C.They are effective when used as part of a screening process.
D.They reject many honest candidates.
Answer:
The immediate result of environmental scanning is often
A.identification of emerging issues.
B.publication of an in-house newsletter that is distributed throughout the company.
C.publication of a list of emerging issues for internal and external stakeholders.
D.resolution of some issues.
Answer:
Standards of excellence in corporate community involvement include all of the
following except
A.leadership.
B.efficiency.
C.issues management.
D.relationship building.
Answer:
Which of the following is not one of the major approaches to thinking about business
ethics?
A.conventional approach
B.rights and duties approach
C.principles approach
D.ethical tests approach
Answer:
The strategic management approach to issues management takes a ____ view of the
process.
A.narrow
B.broad
C.futuristic
D.historical
Answer:
Most people use some type of ethical principle when making decisions about a moral
dilemma.
Answer: