In which year was the first World Summit on Sustainable Development held?
A.
B.
C.
D.
Answer:
People’s ethical beliefs come from:
A. Legislative action and judicial decisions.
B. Reading the company’s profit and loss statements.
C. Their religious background, family, and education.
D. The organization’s code of ethics.
Answer:
Which of the following companies is being the most socially responsible?
A. A company trying its best to operate in a way which will help local students get
education and jobs.
B. A company halting its production of toxic gases after it discovered that people
objected to this practice and threatened legal action.
C. A company trying to maximize its profits and then contributing to an environmental
protection fund.
D. A company changing its product design to comply with regulatory mandates.
Answer:
A thin layer of gas that protects the earth from excessive ultraviolet radiation from the
sun is:
A. Ozone.
B. Carbon dioxide.
C. Methane.
D. Oxygen.
Answer:
What stakeholder group(s) can exercise legal power?
A. Employees.
B. Customers.
C. Shareholders.
D. All of the above.
Answer:
Most ethics or compliance officers are generally entrusted to:
A. Act as a liaison between the company and the Securities and Exchange Commission.
B. Reduce the risks to the company of employee misconduct.
C. Annually distribute copies of the company’s code of ethics to all interested
stakeholders.
D. Arrange for ethics training for employees at a nearby university.
Answer:
A firm subscribing to the ownership theory of the firm would mainly be concerned with
providing value for its:
A. Shareholders.
B. Customers.
C. Board of Directors.
D. Community.
Answer:
By raising and lowering the interest rates at which private banks borrow money from
the government, the Federal Reserve Bank:
A. Influences the size of the nation’s money supply.
B. Influences the value of the dollar.
C. Minimizes investor confidence about the nation’s future.
D. Both A and B, but not C.
Answer:
Who warned, “Advertisements contain the only truth to be relied on in a newspaper?”
A. Barack Obama.
B. Bill Clinton.
C. Thomas Jefferson.
D. George Washington.
Answer:
The main drawback to utilitarian reasoning is that:
A. The majority may override the rights of those in the minority.
B. Managers using this reasoning process often fail to consider the means taken to reach
the end.
C. It is difficulty to accurately measure both costs and benefits.
D. Cost-benefit calculations can only be provided by accountants.
Answer:
Aristotle argued:
A. Self-control is the most virtuous of values.
B. Faith is a road to charity and modesty.
C. Moral virtue is a mean between two virtues.
D. High-mindedness delivers human integrity.
Answer:
Which of the following is a good way for a business to express its commitment to
corporate citizenship?
A. By establishing community relations programs.
B. By behaving responsibly toward all its stakeholders.
C. By correcting problems associated with its operations.
D. All of the above.
Answer:
Economic regulations:
A. Can only exist for 37 years unless renewed.
B. Apply only to older industries.
C. Always conflict with social regulation.
D. Cut across industry lines.
Answer:
Companies see the need to build more coherent initiatives as they move into the:
A. Innovative stage.
B. Integrated stage.
C. Engaged stage.
D. Transforming stage.
Answer:
A group of people who leap to the most dreadful conclusions while researching health
matters online are called:
A. Hypochondriac.
B. Cyberchondriacs.
C. Hyperchondriac.
D. Internetchondriac.
Answer:
Which of the following is an argument against corporate social responsibility?
A. Requires skills businesses may lack.
B. Creates an imbalances between corporate power and its economic responsibility.
C. Improves business value and reputation.
D. A majority of stockholders are against it.
Answer:
If someone is entitled to be treated a certain way, this refers to a(n):
A. Relationship.
B. Obligation.
C. Duty.
D. Right.
Answer:
Market stakeholders include nongovernmental organizations and the media.
Answer:
Why should business be ethical?
A. Most people want to act in ways that are consistent with their own sense of right and
wrong.
B. Ethical behavior protects business firms from abuse by unethical employees and
competitors.
C. Society’s stakeholders expect it from businesses.
D. All of the above.
Answer:
Contemporary issue management:
A. Is a linear process.
B. Was useful in the 1970s, but not today.
C. Is used by all government agencies.
D. Is an interactive, forward thinking process.
Answer:
A purchasing agent directing her company’s orders to a firm which she received a
valuable gift, is an example of:
A. Conflict of interest.
B. Ethical relativism.
C. Moral development.
D. Egotism.
Answer:
Which of the following statements is (are) true about global warming?
A. The earth has already warmed by between 0.6 and 0.9 degrees Celsius over the past
century.
B. Burning fossil fuels is the leading contributor of global warming.
C. The amount of greenhouse gases in the atmosphere has increased by as much as 25
percent since the Industrial Revolution.
D. All of the above.
Answer:
A prime social responsibility of business is to safeguard consumers:
A. While continuing to supply them with goods and services they want.
B. While maintaining high profit margins.
C. By supplying consumers with products at the lowest possible cost.
D. By providing new technology.
Answer:
When working well, the issue management process:
A. Is static and never pulls in additional information that would disturb the balance.
B. Generates two specific options for each issue.
C. Minimizes dialogue with the stakeholders and focuses on short-term survival.
D. Continuously cycles back to the beginning and repeats.
Answer:
The information strategy tool most used by business is:
A. Political contributions.
B. Lobbying.
C. Legal challenges.
D. Direct communication.
Answer:
By 2010, out of the 100 largest US companies, how many had separated the positions of
CEO and board chairman?
A. Seven.
B. Fifteen.
C. Thirty-one.
D. Sixty.
Answer:
In 2010, the leading nonfinancial transnational corporation, with foreign assets totaling
over $551 million was:
A. General Electric.
B. Vodafone.
C. General Motors.
D. BP.
Answer:
This program intends to bring lower-income Americans online by making broadband
Internet access affordable for households with at least one child and an annual income
below $29,000.
A. Computers without Borders.
B. One Laptop per Child.
C. Connect to Compete.
D. Broadband for All.
Answer:
Which of the following is not true about employee theft?
A. Almost half of all inventory losses are due to employee theft in the U.S.
B. It is a significant economic, social, and ethical problem in the workplace.
C. Almost half of all employees have stolen from an employer at least once in his or her
career.
D. Employees damage coworkers and their employers by stealing from the company.
Answer:
The unspoken understanding among employees of what is and is not acceptable
behavior is called:
A. Ethical climate.
B. Efficiency.
C. Success.
D. Rites and rituals.
Answer:
Global audit social standards concentrate on:
A. Internally focused economic benefits for the firm.
B. Externally focused social benefits for the environment.
C. Externally focused social benefits for key stakeholders.
D. All of the above
Answer:
Which of the following statements is not true about the population?
A. The world population will peak at over 11 billion people around the year 2100.
B. For many thousands of years, population growth was gradual.
C. Industrial production would have to quintuple over the next 40 years in order to
maintain the same living standard that people have now, given expected population
growth.
D. Just 10,000 years ago, the earth was home to no more than 10 million humans,
scattered in small settlements.
Answer:
Which is an example of a social and political reform that has led to the acceleration of
globalization?
A. Economic sanctions against North Korea.
B. Efforts to deter drug trafficking from Colombia.
C. The collapse of former communist states of central and eastern Europe.
D. The European Union’s penalties against Microsoft for unfair competition.
Answer:
Analyze why a business may wish to get involved in community relations. What
benefits accrue to businesses that actively participate in their communities?
Answer:
An argument against corporate social responsibility is that it imposes unequal costs
among competitors.
Answer:
Do you believe companies are ever justified in treating women or minority employees
differently, with respect to wages, benefits, job assignments, or promotions? If not, why
not? If so, under what conditions, and why?
Answer:
Should all businesses venture into e-commerce, or is it better for only certain types of
businesses?
Answer:
Consumer advocates argue that consumers are entitled to five core rights. What are
they? Explain each.
Answer:
Technology is an unmistakable ethical force, but not an economic or social force, in the
world where we live.
Answer:
QR codes were developed by businesses in order to reach out to the increased numbers
of smartphone customers.
Answer:
Cell phone technology has sometimes aided law enforcement in capturing criminals
who were caught breaking into an automobile or store.
Answer:
Identify and provide an example for each of the five major legal rights afforded to
stockholders.
Answer:
Government regulations come in different forms. Discuss the major types of
government regulations of business.
Answer:
The Public Relations Society of America is the government agency charged with
regulating advertisements in the United States.
Answer:
Business cannot expect to be profitable while adhering to ethical principles of conduct.
Answer:
What are the four methods of ethical reasoning? Discuss the limitations of each of the
four methods.
Answer:
Given the immeasurable power in the hands of the leaders of large, global corporations,
social responsibility has become a worldwide expectation.
Answer:
Under U.S. law, lobbying activities must be disclosed publicly.
Answer:
Do you believe the rapid economic development of poorer countries helps or hurts the
environment? Why?
Answer:
Being socially responsible means that a company must abandon its other missions.
Answer:
Moving towards more proactive environmental management is called the “greening” of
management. Discuss the approaches to “greening” used by a specific company of your
choice. Did these efforts improve the company’s strategic competitiveness?
Answer:
Businesses and society are independent of one another.
Answer: