Few applications of biotechnology will come in the fields of
A.health care.
B.sports medicine.
C.pharmaceuticals.
D.agriculture.
Answer:
Due diligence means that a company
A.has done sufficient preparatory work to produce a safe product.
B.the company has successfully passed an OSHA safety audit.
C.has taken every possible precautionary step possible and followed all industry
standards.
D.has studied the problem extensively.
Answer:
Reasons to use the Golden Rule as an ethical principle include all of the following
except
A.it is accepted by most people.
B.it is a uniquely Christian principle.
C.it is easy to understand.
D.it is a win-win philosophy.
Answer:
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.
Answer:
To resolve the infant formula controversy, Nestlé agreed to do all of the following
except
A.restricting the distribution of free samples.
B.providing purified water with the formula.
C.identifying the benefits of breast-feeding and the hazards of bottle-feeding.
D.dropping its policy of giving gifts to health professionals to encourage them to
promote infant formula.
Answer:
The right to receive an impartial review of one’s complaints and to be dealt with fairly
is known as
A.the right to a fair and speedy trial.
B.the right to trial by a jury of one’s peers.
C.good faith bargaining.
D.due process.
Answer:
Cause branding is similar to cause-related marketing, but
A.is done with more dissimilar organizations.
B.is a more formalized arrangement.
C.is a longer term commitment.
D.is usually less successful.
Answer:
Advances in information technology and biotechnology are
A.slowing down.
B.accelerating.
C.occurring mainly in the United States.
D.being used primarily to improve the lives of people in developing countries.
Answer:
With respect to service, consumers are concerned with which of the following?
A.performance
B.building time
C.provider attributes
D.durability
Answer:
____ level strategy attempts to integrate the firm’s activities to accomplish its goals.
A.Enterprise
B.Corporate
C.Business
D.Functional
Answer:
Fund-raising efforts by large non-profit organizations like United Way, who in turn
donate funds to specific causes, are called
A.federated drives.
B.consolidated campaigns.
C.multi-gift campaigns.
D.umbrella drives.
Answer:
After the decision to close a plant, management can take all the following actions
except
A.provide advance notice to the employees or community.
B.close cold turkey.
C.help the community attract a replacement industry.
D.Provide transfer, relocation, and outplacement benefits.
Answer:
Provide a short answer to each of these questions. Be sure to fully explain your
answer.
Summarize the concept of African American in Corporate America.
Answer:
The key operating question of immoral 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 major stakeholders?
D.can we make money with this action?
Answer:
Business ethics is
A.a special branch of ethics unto itself.
B.concerned with moral issues that occur only in business.
C.concerned with right and wrong behavior within a business context.
D.a subset of business practice.
Answer:
Social performance reports help companies
A.By disrupting their communications systems
B.Managing their finances
C.Isolating their performance
D.With their competitive positions
Answer:
The case that is generally agreed to have “made” crisis management is the
A.Ford/Firestone tire tread separation case.
B.Johnson & Johnson/Tylenol case.
C.Enron scandal.
D.Exxon Valdez oil spill.
Answer:
Ethical leadership is founded on two pillars. These are
A.rewards and punishments.
B.the manager as a moral person and a moral manager.
C.ethical climate and ethics training.
D.ethics principles and ethics tests.
Answer:
Industrial policy is:
A.by default.
B.a powerful nonregulating approach by government to influence business.
C.non debatable.
D.consistent in each government administration.
Answer:
The father of the consumer movement is
A.Ralph Nader.
B.Dan Murtaugh.
C.Michael Moore.
D.Richard Nixon.
Answer:
Private corporations have not had to recognize employee rights because
A.they are exempted from doing so by federal law.
B.society has honored the corporation’s private property rights.
C.employees have never demanded them.
D.management has been separated from ownership.
Answer:
All of the following are commandments of computer ethics except
A.Thou shalt not use the company’s computer for personal business.
B.Thou shalt not snoop around in other people’s computer files.
C.Thou shalt not copy or use proprietary software for which you have not paid.
D.Thou shalt not appropriate other people’s intellectual output.
Answer:
The ethical theory based on the concept of duty that focuses on the relative
vulnerability of the customer is
A.contractual theory.
B.due care theory.
C.social costs view.
D.caveat vendor.
Answer:
Asian Americans
A.are the smallest minority group in the United States.
B.have escaped the harsh treatment of discrimination.
C.have the lowest academic achievement record of any minority group in the United
States.
D.have a problem unique to U.S. minority groups — a stereotype that may be too
positive.
Answer:
A major criticism of CEOs and boards during the 1980s, when corporate takeovers were
regular occurrences, was
A.not trying to get the best price they could for shareholders.
B.focusing on “making deals” instead of running the business.
C.trying to run up the price of their company’s stock in preparation for the sale.
D.being obsessed with self-preservation instead of making optimal decisions on behalf
of shareholders.
Answer:
Which of the following is not a valid argument against forming an industrial policy?
A.It reduces the market’s efficiency.
B.The success of existing industrial policies has been variable.
C.Existing attempts to form industrial policies have generally been irrational and
uncoordinated.
D.Industrial policies violate anti-trust legislation.
Answer:
“Access” in e-commerce ethics refers to
A.the difference in computer availability between the rich and the poor.
B.the ability to download certain types of privately-owned knowledge.
C.children’s ability to visit certain websites.
D.companies’ ability to gain information about consumers’ private lives.
Answer:
Which of the following is not one of the ways to integrate public affairs thinking into all
managers’ jobs?
A.make it interesting
B.make it truly relevant
C.make it easy for managers
D.develop a sense of ownership among managers
Answer:
An alternative dispute resolution method that allows the employee to be represented by
an attorney in front of a neutral company executive is called
A.mediation.
B.arbitration.
C.a hearing procedure.
D.trial by fire.
Answer:
Which of the following is not one of the top ten list of safety principles?
A.Build safety into product design.
B.Educate consumers about product safety.
C.Allow a margin of error for the consumer.
D.Learn from your and others’ mistakes.
Answer:
The relationship between corporate social performance and financial performance is
viewed from three different perspectives. The symbiotic view
A.states that financial performance determines social performance.
B.high social performance leads to improved financial performance.
C.states that there is an interactive relationship among social performance, financial
performance, and corporate reputation.
D.is synonymous with the contingency view of Husted.
Answer: