With regard to data security, data breaches are on the rise.
Biodiversity continues to be lost at a small rate.
One of the most direct ways in which government influences business is through
transfer payments.
Corruption, at its core, is essentially an abuse of power.
Government is not a central stakeholder of business.
One of the main reasons that we have experienced technological harms is that some
technologies were implemented without much thought given to possible side effects.
The stakeholder view of the firm is now universally accepted.
The categories of recipients to whom corporations give remain stable over time.
Newer social regulations covers business practices in all industries.
Social auditing is very new.
Workplace violence is a rare occurrence in the United States.
The Global Compact brings together thousands of companies to support universal
environmental and social principles.
A major distinction between the managerial view of the firm and the stakeholder view
is the recognition that groups who think they have a stake in the firm are properly
included as stakeholders, whether managers of the firm agree with them or not.
In a crisis, the first communication should be with internal stakeholders.
Under the doctrine of strict liability, there is no legal defense for placing on the market
a product that is dangerous to a consumer because of a known or knowable defect
unless an argument of due diligence is allowed.
Although companies have begun to extensively monitor employees’ e-mail usage, little
disciplinary action has been taken against workers who misuse the Internet.
The business community now encompasses the entire world.
When providing loan guarantees for business, the government actually transfers the
money to the business.
The Nestl infant formula case is one in which a normal business practice in the firm’s
home country proved to be problematic in the host countries.
Monitoring the company’s community involvement projects entails review and control.
Moral management stresses profitability over other stakeholder concerns.
Market share liability is rarely successful in current product liability lawsuits.
Some estimates of the costs to comply with provisions of Sarbanes-Oxley Act are as
high as five times as much as before passage of the bill.
MNCs often pay their employees in underdeveloped countries less than the average
local wage.
The meaning of product quality is uniform to all.
Age discrimination statues protect those people who are 50 years old and older.
During the past forty years, corporate boards have become more diverse.
Researchers have recently determined that the lower pay women receive is due to the
additional time they take off from the workforce, when compared to men.
The narrow approach to issues management severely restricts the options available to
respond to important issues.
The main reason that Morgan Stanley employees fared so well in the 9/11 attacks on the
World Trade Center was the company’s preparation for terrorist attacks.
Labor unions have vigorously pursued civil liberties for employees in the workplace,
but have not had much success.
Which of the following practices is not a modification of the classical economic model?
A.philanthropy
B.community obligations
C.owner control
D.paternalism
Our world is currently dominated by
A.industrial technology.
B.robotics.
C.information technology and biotechnology.
D.spiritual technology.
Which of the following is not a symptom of technological intoxication?
A.We favor the quick fix.
B.We fear and worship technology.
C.We become satisfied with the level of available technology.
D.We blur the distinction between what is real and what is fake.
Compensation recovery mechanisms that enable a company to recoup compensation
funds is called ____.
A.proxy process.
B.risk arbitrage.
C.golden parachutes.
D.clawback provisions.
Issues related to product information include all of the following except
A.advertising.
B.warranties.
C.labeling.
D.website design.
The early definition of corporate social responsibility was
A.seriously considering the impact of the company’s actions on society.
B.maximizing profits.
C.accomplishing the firm’s social action goals.
D.that the corporation had not only economic and legal obligations, but also certain
responsibilities to society which extended beyond those obligations.
EAPs are designed to affirm all of the following except
A.employees are valuable members of the organization
B.it is better to help troubled employees than to discipline or discharge them
C.monitored employees are better employees
D.recovered employees are better employees
The number one ethical issue in doing business over the Internet is
A.intellectual property.
B.pornography.
C.possible invasion of privacy.
D.security of financial information.
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Review the major causes of the Nestl infant formula controversy.
The Privacy Act of 1974
A.was repealed by the USA Patriot Act of 2001.
B.restricts the use of personal information by private companies.
C.set controls on the right of government to collect, use, and share data about
individuals.
D.set time limits for how long personal data could be maintained by government and
private companies.
Which of the following is not a structural aspect of unconscious accounting bias?
A.ambiguity
B.attachment
C.approval
D.ambivalence
Planning for the turbulent social/ethical stakeholder environment encompasses each of
the following EXCEPT
A.strategic management process
B.strategic affairs analysis
C.environmental analysis
D.public affairs management
John Naisbitt’s approach to issues identification is
A.based on the belief that trends start with isolated local events.
B.dependent on what people are saying is important to them.
C.recognized as the most accurate of all forecasting services.
D.based on widely accepted methodologies.
____ are high-ranking executives responsible for monitoring and protecting the private
information held by firms
A.Verification of Privacy Officer
B.Chief Privacy Officers
C.Officer of Privacy
D.Privacy Executive
The affirmative action posture that involves a willingness to treat races and sexes alike
is called
A.passive nondiscrimination.
B.pure affirmative action.
C.affirmative action with preferential hiring.
D.hard quotas.
The strategy level that asks what business the firm should be in is the ____ level.
A.enterprise
B.corporate
C.business
D.functional
Which of the following adds to soil erosion problems and is a major cause of the
greenhouse effect?
A.ozone depletion
B.carbons
C.deforestation
D.sustainability
Which of the following is not an activity engaged in by the Food and Drug
Administration?
A.analysis
B.promotion
C.surveillance
D.correction
Government attempts to persuade business to act in the public interest are called
A.monetary policies.
B.moral suasion.
C.standard setting.
D.transfer payments.
Which of the following is not a formulation of Kant’s categorical imperative?
A.Act only according to that maxim by which you can at the same time will that it
should become a universal law.
B.So act to treat humanity, whether in your own person or in that of any other, in every
case as an end and never as merely a means.
C.Every rational being is able to regard oneself as a maker of universal law.
D.Act only according to that maxim by which you increase the overall happiness of
everyone affected by your action.
The driving force behind guidelines for product liability is which of the following?
A.legal responsibility
B.selling products
C.ethical reasoning
D.immoral people
Decentralization and diversity of power concentrations leads to
A.anarchy.
B.a totalitarian society.
C.a pluralistic society.
D.democracy.
Strengths of pluralism include all of the following except
A.pursuit of self-interest.
B.prevention of concentrations of power.
C.a built-in set of checks and balances.
D.maximization of freedom of expression.
Which of the following is not a problem associated with exaggerated claims?
A.They induce people to buy things that do them no good.
B.They drive out good advertising.
C.They generally cost more to produce.
D.They result in a loss of advertising efficiency.
The principal responsibilities of the audit committee are to
A.interview auditing firms to do the company audit.
B.negotiate with the Internal Revenue Service in the event of a tax audit.
C.ensure that published financial statements are not misleading.
D.hire the Chief Financial Officer (CFO) and monitor that person’s work.
A major concern for employers is their workers’ use of cell phones
A.to photograph sensitive sales documents.
B.to record private employee records.
C.while driving.
D.to converse with friends, instead of performing their duties.
Which of the following is not a reason that some people want more transparency in
corporate philanthropy?
A.recent accounting scandals
B.to close tax loopholes
C.concern that some donations go to terrorist organizations
D.concern that some donations are made to get around campaign finance laws
The primary objective of The Civil Rights Act of 1991 was to
A.add more categories of protected groups to The Civil Rights Act of 1964 definitions.
B.add imprisonment as a possible penalty for job discrimination.
C.provide increased financial damages and jury trials in cases of intentional
discrimination.
D.authorize formation of the Equal Employment Opportunity Commission.
According to the Business Case for CSR, a reason companies are becoming more
socially responsible is all of the following except
A.Access to capital
B.Increased revenue
C.Cost savings
D.Customer demand
In the area of prevention, companies will be liable by OSHA when
A.employers neglected to keep the workplace free from a hazard
B.the hazard was not recognizable by the employer
C.the hazard was not causing serious harm
D.the removal was not feasible or cost effective
Managers can use crisis management in the environmental area by focusing on:
A.Prevention
B.Contingency plans
C.all of these
D.none of these
The ethics question “how do we get from what is to what ought to be?” is
A.descriptive.
B.normative.
C.practical.
D.motivational.
The issues management process contains two basic functions,
A.planning and implementation.
B.identification and resolution.
C.planning and controlling.
D.leadership and followership.
The clash of ethical systems between government and business is centered around
A.growth and sustainability.
B.economic goals and social welfare.
C.individualist and collectivist ethics.
D.privatization and federalization.
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Discuss how Bernie Madoff and ashleymadison.com are illustrations of immoral
management.
Utilize the knowledge you have gained to respond to the following essay questions.
Your answers should state your position and use logical arguments and content
from this and other chapters in the textbook to support it.
What does a “lifetime” warranty imply? Is it deceptive in any way?
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Describe and evaluate the “what is?” ethics question.
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Review Johnson & Johnson’s Credo, in which it lists its duties to its stakeholders. Do
you notice anything unusual in the priorities given to those duties?
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Explain what the concept of tapping the expertise of stakeholders means.
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
One of the recommended actions for a company that has made its decision to close a
plant is to help attract a replacement industry. How likely is this to occur?
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Detail some of the effects of land degradation.
Utilize the knowledge you have gained to respond to the following essay questions.
Your answers should state your position and use logical arguments and content
from this and other chapters in the textbook to support it.
Which of the four affirmative action postures do you think is most appropriate today?
Why?
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Describe the ways in which the Internet has facilitated the consumer movement.
Utilize the knowledge you have gained to respond to the following essay questions.
Your answers should state your position and use logical arguments and content
from this and other chapters in the textbook to support it.
The textbook notes that Rep. Billy Tauzin of Louisiana, chief architect of the new
Medicare prescription drug law, has received a lucrative job offer to lobby for the
pharmaceutical industry. News commentators suggest that if he takes the job he will
have already earned his salary because the Medicare bill is expected to provide windfall
profits for the drug companies. Chapter 10 said that one of the reasons government
regulates business is to control excess profits. Are “windfall” profits for the
pharmaceutical industry “excessive?” If so, how can we reconcile government’s efforts
to regulate against excess profits with Tauzin’s ability to draft legislation that provides
windfall profits?
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
The textbook mentions that global public affairs must balance externally and internally
focused activities. Describe some of the activities in which an global public affairs
department would be interested.
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
What is the distinction that the textbook draws between ethics and morality?
Utilize the knowledge you have gained to respond to the following essay questions.
Your answers should state your position and use logical arguments and content
from this and other chapters in the textbook to support it.
Evaluate the reasons for the worldwide shift in pay in favor of women.
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Describe some of the potential effects of water shortages or “water bankruptcy.”
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Lobbyists often show legislators the benefits and detriments of complex legislation.
Discuss the wisdom of allowing lobbyists to perform this function.