The doctrine of strict liability extends only to the retailer who is involved in selling the
product, not the manufacturer.
Answer:
Civic engagement is a major way in which companies carry out their corporate
citizenship mission.
Answer:
Most big companies are still in the pollution prevention stage of corporate
environmental responsibility.
Answer:
For stakeholder engagement to occur, both the business and the stakeholder must be
motivated to work with one another to solve the problem.
Answer:
In the issue management process, identifying the issue involves anticipating emerging
issues.
Answer:
The term pay gap refers to the inequitable concentration of a group, such as minorities
or women, in a particular job category.
Answer:
Managing for product quality is an attempt by business to address its suppliers’ needs.
Answer:
The construction industry has taken the lead in creating programs to revitalize
neighborhood housing.
Answer:
About 20 percent of the world’s people have incomes below the international poverty
line.
Answer:
In the “consumer self-help” approach to protecting consumer privacy rights, new
government regulations will protect the consumer online.
Answer:
As business firms grow in size and market power, they have increasingly lost the ability
to dominate marketplace transactions with their customers.
Answer:
Because the public issues that garner the most public attention change over time,
companies do not waste time tracking them.
Answer:
In a survey of 583 U.S. companies, how many were breached at least once by hackers
over the past year?
A. 15 percent.
B. 40 percent.
C. 68 percent.
D. 90 percent.
Answer:
Which region received the most U.S. international charitable contributions in 2011?
A. Europe.
B. Africa.
C. Asia-Pacific.
D. Latin America-Caribbean.
Answer:
When something stands out from a background, is seen as important, or draws attention
it is:
A. Urgent.
B. Salient.
C. Powerful.
D. Legitimate.
Answer:
Business depends on the community for:
A. Education.
B. Public services.
C. Transportation systems.
D. All of the above.
Answer:
When businesses bring products and services to the many people in the world who have
traditionally been beyond the reach of global commerce, they are said to be:
A. Serving the top of the triangle.
B. Reaching the bottom of the globe.
C. Serving the bottom of the pyramid.
D. Focusing on the ends of the supply chain.
Answer:
The self-reinforcing feature of technology means that:
A. Civilization develops at an uncontrollable pace.
B. Developing economies demand newer and larger innovations.
C. Technology acts as a multiplier to encourage is own faster development.
D. An invention in one place is localized only.
Answer:
According to a 2009 opinion poll, Americans hold a dim view of:
A. Organized labor.
B. The Supreme Court.
C. Churches.
D. Wall Street executives.
Answer:
At the core of rights reasoning is the belief that:
A. The company’s right to a profit must be protected.
B. Respecting others is the essence of human rights.
C. The right to join a union is no longer universally accepted.
D. Economic and political powers determine who is right.
Answer:
A 2011 Pew Research Center and Knight Foundation report confirmed that this medium
remained the major source of weather, traffic and breaking news for consumers?
A. Local television news.
B. Newspapers.
C. The Internet.
D. Websites.
Answer:
Business managers need a set of ethical guidelines to help them:
A. Understand the changing customs throughout the world.
B. Justify the resolution which best helps them.
C. Identify and analyze the nature of the ethical problem.
D. None of the above.
Answer:
Modern corporations should be socially responsible because they:
A. Are responsible to the stockholders of the company.
B. Create jobs, influencing the lives of employees.
C. Are highly profitable.
D. Generate dividends for the company stockholders.
Answer:
When a person or group of people identify a social need and use their entrepreneurial
skills to address this need, this process is called:
A. Social stewardship.
B. Social entrepreneurship.
C. Social optimism.
D. Social responsibility.
Answer:
In 2005, the United Nations approved a declaration that:
A. Prohibited all forms of human cloning “inasmuch as cloning is incompatible with
human dignity and the protection of human life.”
B. Called for the fate of therapeutic cloning to be determined by the individual nations.
C. Encouraged all forms of human cloning “inasmuch as cloning is incompatible with
human dignity and the protection of human life.”
D. Prohibited reproductive cloning and mandated that further discussion on the issue be
deferred for a couple of years.
Answer:
In the United States, the federal government regulates which of the following major
areas of environmental protection?
A. Air pollution.
B. Water pollution.
C. Land pollution.
D. All of the above.
Answer:
Proactive companies are:
A. Much less likely to be blindsided by crises and negative surprises.
B. Much more likely to be blindsided by crises and negative surprises.
C. Just as likely to be blindsided by crises and negative surprises.
D. Much more likely to be forced to defend itself in a lawsuit brought by a stakeholder.
Answer:
Representation on the World Bank’s board of directors is based on:
A. The size of the member nation’s population.
B. The size of the member nation’s economy.
C. The size of the member nation’s land mass.
D. Equal representation of all member nations.
Answer:
The difference between a blog and a vlog is:
A. Vlogs are always paid for by companies; blogs are subsidized by the government.
B. Vlogs are video web logs while blogs are web-based journals.
C. Blogs have no ethical dilemma attached to them while vlogs have a blurred ethical
line.
D. People who vlog are required to disclose to the Federal Trade Commission any
connection with the companies they vlog about, but bloggers are not.
Answer:
This inter-American organization (North and South America) was created to unite
organizations focusing on corporate social responsibility from Canada to Chile.
A. Business for Social Responsibility.
B, Canadian Business for Social Responsibility.
C. Forum Empresa.
D. Fundacion Empresa y Sociedad.
Answer:
The Sarbanes-Oxley Act makes it illegal for employers to:
A. Sue federal contractors for fraud.
B. Retaliate against whistle-blowers who report information that could have an impact
on the value of a company’s shares.
C. Hire employees who have a prior record of accounting fraud.
D. Both B and C, but not A.
Answer:
A CIO is the company’s:
A. Chief intelligence oracle.
B. Chief information officer.
C. Coordinator of international operations.
D. Controller of internal overhead.
Answer:
Which of the following is not true about occupational segregation?
A. It concentrates women in traditionally female-dominated jobs.
B. The pay gap in American businesses persists, in part, because of it.
C. It means that women cannot get the jobs that could break the cycle of relatively low
pay.
D. The large pay gap for Hispanic workers partly reflects their concentration in several
high-paying occupations.
Answer:
Corporate governance involves the exercise of control over a company’s:
A. Finance and accounting departments.
B. Entire operations.
C. Manufacturing facilities.
D. Marketing and human resources departments.
Answer:
The Mullahs in Iran is an example of the power of government derived from:
A. A monarchy.
B. A military dictatorship.
C. A religious authority.
D. A democracy.
Answer:
A reason for institutions becoming more assertive in promoting the interests of their
member investors is:
A. It is difficult for institutions to sell their holdings.
B. Their members want them to.
C. Institutions have greater flexibility in selling stocks.
D. Institutions have nominated members on the finance committee of the board of
directors.
Answer:
The primary way of accomplishing public policy is through:
A. Waiting for businesses to act.
B. Lobbying Congress.
C. Regulation.
D. Writing your politician.
Answer:
Social investors seek to eliminate from their investment portfolios companies that:
A. Pollute the environment.
B. Discriminate against employees.
C. Make dangerous products like tobacco or weapons.
D. All of the above.
Answer:
The emergence of a public issue indicates that:
A. A gap has developed between what stakeholders expect and what an organization is
actually doing.
B. Technology is forcing ethics and business strategy closer together.
C. Consumers are unaware of how an organization’s actions affect them.
D. All of the above.
Answer:
The Environmental Protection Agency (EPA) was created:
A. To monitor and regulate nuclear activity.
B. To coordinate most of the government’s efforts to protect the environment.
C. To monitor and regulate occupational health and safety standards.
D. All of the above.
Answer:
In 2011 how many of the world’s top 250 companies issued an integrated sustainability
report?
A. 20 percent.
B. 45 percent.
C. 72 percent.
D. 95 percent.
Answer:
When companies develop a reputation for environmental excellence, and they produce
and deliver products and services designed to attract environmentally aware customers,
this is called:
A. Technological innovation.
B. Strategic planning.
C. Green marketing.
D. Cost savings.
Answer:
The majority of large U.S. corporations do not have codes of ethics.
Answer:
Nonmarket stakeholders are those that engage in economic transactions with the
company as it carries out its primary purpose of providing society with goods and
services.
Answer:
Describe a current trend in corporate governance, providing a real example.
Answer:
What could the United States government do about the out of control costs of regulation
and the staffing of regulatory agencies in the United States?
Answer:
In the United States, most ethics policies are primarily based on the company’s mission
and vision.
Answer:
Briefly discuss the meaning of ethics.
Answer:
Corporate social responsibility is the idea that businesses interact with the
organization’s stakeholders for social good while they pursue economic goals.
Answer:
The Federal Trade Commission serves as a public watchdog evaluating honesty and
fairness in advertising.
Answer:
The major activity carried out by public relations managers is writing blogs.
Answer:
Do you think businesses should voluntarily undertake environmental efforts, beyond
those required by law? Why or why not?
Answer:
An effective public relations program is not fundamental to an organization’s
relationship with the public.
Answer:
Describe the roles of the World Bank, International Monetary Fund, and World Trade
Organization in the acceleration of globalization.
Answer:
Provide an example where employee whistle-blowing is justified and an example where
it is not. Provide support for each example.
Answer:
Loaning office personnel is a financial-incentive political strategy tool.
Answer:
Cost-benefit analysis seeks to weigh the relative costs and benefits of various
alternatives, to see which one gives the “best value.” Of the various areas of
environmental protection discussed in this chapter (air, water, and land), which one do
you think has been the best value? Which has been the worst value? On what basis do
you think so?
Answer:
The U.S. government launched a program to detect cyber assaults on private U.S.
companies called “Hold-off the Hacktivists.”
Answer: