The board committee responsible for assessing the adequacy of internal control systems
and the integrity of financial statements is the
A.finance committee.
B.monetary policy committee.
C.arbitrage committee.
D.audit committee.
Answer:
The position that advocates that an MNC should continue to follow its home country’s
ethical standards even while operating in another country is known as
A.ethical relativism.
B.ethical egoism.
C.ethical imperialism.
D.ethical hegemony.
Answer:
The pressure to compromise one’s personal ethical standards is felt most by
A.board members.
B.senior managers.
C.middle managers.
D.lower level managers.
Answer:
A new trend in board recruiting focuses more on
A.networking skills.
B.experience than title.
C.business school professors.
D.foreign investors.
Answer:
Concepts of right and wrong are increasingly being interpreted today to include all of
the following except
A.fairness.
B.justice.
C.equity.
D.equality.
Answer:
Lawrence Kohlberg’s model of moral development includes all of the following levels
except
A.the preconventional level.
B.the conventional level.
C.the postconventional level.
D.law and order morality.
Answer:
The Warranty Act
A.sets standards for what must be contained in a warranty and ease with which
consumers must be able to understand it.
B.says that any unconditional assurance must be promoted as a full warranty.
C.says that full warranties do not have to include repair.
D.says that shipping charges do not have to be included in a full warranty.
Answer:
PAC contributions are most effective when all of the following conditions prevail
except
A.when the issue is less visible.
B.during the early stages of the legislative process.
C.when the issue is unimportant to the member of Congress.
D.when PACs are allied.
Answer:
What is the final stage in Business Week’s five-step process in managing crises?
A.identifying areas of vulnerability
B.developing a plan for dealing with threats
C.forming crisis teams
D.learning from experience
Answer:
OSHA’s guidelines for preventing workplace violence include all of the following
except
A.providing safety education for employees.
B.securing the workplace and minimizing access by outsiders.
C.hiring a security force to prevent attacks.
D.providing drop safes to limit the amount of cash on hand.
Answer:
The Securities and Exchange Commission’s Regulation FD is designed to
A.streamline the trading process.
B.change stock trading prices to the decimal system.
C.allow small investors to benefit from insider trading.
D.limit the common practice of selective disclosure.
Answer:
The peer review panel
A.has no professional community to provide standards or procedural guidelines.
B.is made up of senior managers from the company’s headquarters.
C.is housed in the legal department.
D.is typically not well trusted within an organization.
Answer:
A community, nation, or broad grouping of people having common traditions, values,
institutions, and collective activities and interests is a
A.society.
B.culture.
C.population.
D.network.
Answer:
Which of the following is not a standard of excellence by which corporate community
involvement should be judged?
A.crisis management
B.accountability
C.infrastructure
D.measurement
Answer:
The view of stakeholders that sees them as more than just people or groups who can
wield economic or legal power is the
A.strategic approach.
B.multifiduciary approach.
C.symbiotic approach.
D.stakeholder synthesis approach.
Answer:
A group of people who holds a direct stake in the firm is known as
A.primary social stakeholders.
B.secondary social stakeholders.
C.primary nonsocial stakeholders.
D.secondary nonsocial stakeholders.
Answer:
Public affairs management encompasses all of the following processes except
A.environmental analysis.
B.issues management.
C.crisis management.
D.political lobbying.
Answer:
The Lily Ledbetter Fair Pay Act of 2009
A.statue of limitations is 180 days
B.stipulates that the clock reset each time a paycheck is issued.
C.requires that you be aware of the discrimination promptly.
D.sets discriminatory pay.
Answer:
Which of the following is not an element of effective ethics programs?
A.compliance standards
B.systems for monitoring, auditing, and reporting
C.delegation of authority
D.enforcement
Answer:
Decisions about ethical situations often present a(n)
A.conflict of interest.
B.financial dilemma.
C.unresolvable problem.
D.legal problem.
Answer:
Religious discrimination is becoming more common in the United States in large part
because
A.Christianity seeks to be the dominant religion.
B.the separation of church and state has eroded.
C.religion and business don’t mix.
D.changing immigration patterns are bringing more people with different religions to
this country.
Answer:
Enterprise rights are derived from
A.employer promises.
B.labor demands.
C.negotiated contracts.
D.the labor market.
Answer:
Public opinion polls regarding business ethics are
A.clearly tied to reactions to the latest scandals reported by the media.
B.reflective of actual business ethics currently in practice.
C.unrelated to actual business ethics practices.
D.difficult to assess because the media keeps ethics scandals in the public eye.
Answer:
Selection of projects for a community action program grows out of
A.an application process.
B.matching community needs with company resources.
C.needs identified by board members.
D.grassroots lobbying efforts.
Answer:
The Consumer Product Safety Commission works to reduce the risk of harm from
consumer products in all of the following ways except
A.banning consumer products.
B.passing legislation outlawing products.
C.obtaining recall of products.
D.informing and educating consumers.
Answer:
Which of the following is not one of the major workplace privacy issues?
A.integrity testing
B.drug testing
C.monitoring employees
D.hourly pay and benefits
Answer:
Electronic monitoring of employees is
A.decreasing, as employers rely more on organizational culture to control employee
behavior.
B.heavily regulated by state, but not federal law.
C.reliant on the express consent of employees.
D.virtually unregulated.
Answer:
Paul Dolan formulated all of the following principles of sustainable success except
A.True power is living what you know.
B.Your business should never overextend in any area.
C.You can’t predict the future, but you can create it.
D.There is a way to make an idea’s time come.
Answer:
The most rudimentary form of issue identification entails
A.subscribing to a news clipping service.
B.subscribing to a forecasting service.
C.assigning a member of the organization to continuously scan a variety of
publications.
D.relying on the staff of the public affairs office to scan the environment.
Answer:
The Americans with Disabilities Act of 1990 requires transportation and
communication systems to
A.provide preferential hiring for the physically and mentally handicapped.
B.avoid job discrimination based mental disability.
C.allow free access for the disabled.
D.facilitate access for the disabled.
Answer: