Which of the following is not considered to be a nonmarket stakeholder?
A. Government agencies.
B. Creditors.
C. Activist groups.
D. Non-governmental organizations.
Answer:
Which one of the following is considered to be a nonmarket stakeholder of business?
A. Customers.
B. Media.
C. Creditors.
D. Stockholders.
Answer:
An example of codes of environmental conduct that have been developed by and for
specific industries include:
A. The Equator Principles.
B. The Forest Stewardship Principles,
C. The Greenhouse Gas Protocol.
D. A and B but not C.
Answer:
Which if the following is not a legal right of stockholders?
A. To vote on members for the board of directors.
B. To vote on major mergers and acquisitions.
C. To vote on changes in the corporate charter and proposals.
D. To vote on who will become chief executive officer (CEO).
Answer:
According to the textbook, under the existing U.S. campaign contribution law,
individuals:
A. Can give more to PACs, and PACs can always give more to individual candidates.
B. Can give more to PACs, and PACs can give more to each candidate depending on
their number of contributors.
C. Cannot give more to PACs, but PACs can give more to individual candidates.
D. Cannot give more to PACs, and PACs cannot give more to individual candidates.
Answer:
When a government orders companies not to conduct business in another country
because of a war, human rights violations, or lack of a legitimate government; these
orders are called:
A. Government bailouts.
B. Political sanctions.
C. Economic sanctions.
D. Government stop-orders.
Answer:
Corporations have a role in establishing their community’s:
A. Tax base.
B. Safety.
C. Economic growth.
D. All of the above.
Answer:
Which of the following statements is not true about arable land?
A. It is a nonrenewable resource.
B. Over half of the irrigated lands in developing countries have been salinized.
C. Poor farming practices have caused arable lands to turn into deserts.
D. Agricultural chemicals have contaminated most of the arable lands.
Answer:
According to management scholar Karl Albrecht, scanning to acquire environmental
intelligence should focus on:
A. Eight strategic radar screens.
B. Six management templates.
C. Eight process improvement models.
D. Six ethical decision indicators.
Answer:
Technological innovation has aided the spread of globalization by:
A. Building advanced technologies that can be sold in the global marketplace.
B. Building advanced technologies that can be bought in the global marketplace.
C. Leveling the playing field and allowing all to participate on an equal footing in
global commerce.
D. All of the above.
Answer:
According to the Center for Responsible Nanotechnology how many separate and
severe risks are associated with nanotechnology.
A. Fifty.
B. Twenty-five.
C. Eleven.
D. Three.
Answer:
The Ad Council’s inaugural campaign slogan was:
A. “Friends don’t let friends drink and drive.”
B. “A mind is a terrible thing to waste.”
C. “Loose lips sink ships.”
D. “Only you can prevent forest fires.”
Answer:
A goal of the consumer movement is to make consumer power:
A. Exceed the rights and powers of firms that sell goods and services.
B. Exceed the rights and powers of the Food and Drug Administration.
C. An effective counterbalance to the rights and powers of firms that sell goods and
services.
D. An effective counterbalance to the rights and powers of the Food and Drug
Administration.
Answer:
In 2008 the F.D.A. declared that food from cloned animals and their offspring was safe
to eat, but:
A. Imposed a voluntary ban on the sale of cloned animals.
B. Challenged the ethical basis of cloning.
C. Required vendors to label meat from cloned animals as “cloned.”
D. Outlawed the sale of cloned meat until further testing confirmed its safety,
Answer:
The most important agreement which codifies human rights is the:
A. The American Civil Liberties Act.
B. The Versailles Treaty.
C. The Universal Declaration of Human Rights.
D. The U.S. Declaration of Independence.
Answer:
Public backlash in the Treyvon Martin case in which a black teenager was shot to death
and his assailant defended his actions by claiming protection under Florida’s ‘stand your
ground” law prompted:
A. State legislatures to consider changing their regulation on civil rights.
B. Businesses to distance themselves from the American Legislative Exchange Council
(ALEC).
C. Walmart to stop selling guns and ammunition at its retail stores.
D. Businesses like Amazon.com, Coca Cola, Kraft Foods to stand up to civil rights
groups.
Answer:
The “Perfect Citizen” program, monitored by the National Security Agency, is designed
to protect against cyber assaults focused on ?
A. Websites for children.
B. University and hospital records.
C. Electricity grids and nuclear power plants.
D. Personal home computers of U.S. citizens.
Answer:
When businesses adopt voluntary policies for protecting the privacy of individuals’
information disclosed during electronic transactions, this is called:
A. Industry self-regulation.
B. Privacy legislation.
C. Consumer self-help.
D. Business privacy regulation.
Answer:
Under the Family and Medical Leave Act (FMLA), passed in 1993:
A. Companies that employ 100 or more people must grant unpaid, job protected leaves
of up to 12 weeks to employees faced with serious family needs.
B. Companies that employ 50 or more people must grant unpaid, job protected leaves of
up to 36 weeks to employees faced with serious family needs.
C. Companies that employ 50 or more people must grant unpaid, job protected leaves of
up to 12 weeks to employees faced with serious family needs.
D. Companies that employ 50 or less people are required to do more for expectant and
new parents.
Answer:
According to the U.S. Bureau of Labor statistics, the highest injury rates are found in
which of these industries?
A. Warehousing.
B. Service.
C. Healthcare.
D. None of the above.
Answer:
Mature adults typically base their ethical reasoning on broad principles and
relationships such as:
A. Human rights and constitutional guarantees of human dignity.
B. Universal principles of justice.
C. Customs and traditions show by their peers.
D. Both A and B, but not C.
Answer:
Economic leverage occurs when a business uses it economic power to:
A. Hire lobbyists to gain a desired political action.
B. Pay for the costs of regulation to acquire a desired political action.
C. Threaten to leave a location unless a desired political action is taken.
D. Buyout another firm to acquire a desired political action.
Answer:
Being able to continue their activities indefinitely, without altering the carrying capacity
of the earth’s ecosystem, is a characteristic of:
A. Ecologically sustainable organizations.
B. Concerned citizens.
C. Codes of environmental conduct.
D. Environmental regulations.
Answer:
In the United Kingdom offenders of software piracy and those who breach intellectual
property rights face:
A. No penalty because there are no laws protecting software or intellectual property.
B. Fines up to £75,000 (nearly $100,000).
C. Fines of up to £50,000 (nearly $80,000) and/or a prison sentence of up to 10 years.
D. Mandatory prison sentence of 15 years.
Answer:
Under what legal doctrine does a firm bear legal responsibility for injuries caused by
something it made or sold, whether or not it was negligent or breached a warranty?
A. Strict liability.
B. Product liability.
C. Consumer liability.
D. Supplier liability.
Answer:
The Occupational Safety and Health Act gives workers the right to a job:
A. With equal wages for similar kinds of work.
B. With wages that enable an employee to enjoy a decent standard of living.
C. That is free from recognized hazards that are likely to cause death or serious injury.
D. That does not require them to lift, bend, or move items at any time on the job.
Answer:
Which of the following is not a function of board committees?
A. The executive committee works closely with top managers on business matters.
B. The audit committee reviews the company’s financial reports.
C. The compensation committee administers and approves salaries and benefits.
D. The finance committee works closely with the human resources department to fund
employee salaries.
Answer:
Which of the following departments was established in 1914 and has been given
additional powers to protect consumers over the years, including in the area of online
privacy?
A. Federal Trade Commission.
B. Food and Drug Administration.
C. Consumer Product Safety Commission.
D. Antitrust Division of the Department of Justice.
Answer:
According to the US Department of Labor:
A. Annually, more than 3 million workers in private industry are hurt or become ill on
the job.
B. Annually, more than 3 million workers in public industry are hurt or become ill on
the job.
C. Three out of every 100 workers are hurt or become ill on the job annually.
D. Both A and C, not B.
Answer:
Which of the following organizations have developed standards to judge corporate
performance?
A. International Organisation for Standards.
B. Global Development Initiative.
C. Institute of Accountability.
D. All of the above.
Answer:
If a manger approaches ethics with benevolence in mind, he or she would stress what?
A. Friendly relations with an employee.
B. Company rules and procedures.
C. Laws and professional codes.
D. Economic efficiency.
Answer:
The Federal Trade Commission attempts to ensure that the public is protected against
which of the following unethical business practices?
A. The creation of industry cartels.
B. The use of deception to distort the truth.
C. Exchange rate manipulation by a country.
D. None of the above.
Answer:
In 1889, the first public relations department was created by:
A. John Rockefeller.
B. George Westinghouse.
C. Andrew Carnegie.
D. Franklin Pierce.
Answer:
The Ronald McDonald House charity, operated by McDonald’s has been criticized for:
A. Providing homes-away-from home for the families of seriously ill children being
treated in hospitals.
B. Diverting attention away from the company’s contributions to the nation’s obesity
epidemic.
C. Using company profits to fund social missions.
D. Paying employees low wages.
Answer:
A rule of media communication is to:
A. Be honest.
B. Be current.
C. Be accessible.
D. All of the above.
Answer:
An ethical egoist acts for the benefit of others and sacrifices self-interest.
Answer:
Streaming is illegal and in violation of The Digital Millennium Copyright Act of 1998.
Answer:
In the first stage of corporate citizenship, the elementary stage, managers are
uninterested and uninvolved with social issues.
Answer:
Discuss the issue of digital divide. Is it lessening or widening with more technological
innovation? How have businesses, government bodies, and nonprofit organizations met
the digital divide challenge?
Answer:
Briefly describe acid rain. Do you think a command-and-control or market-based
regulatory approach would work better to reduce acid rain emissions, and why?
Answer:
Since the 1960s, there has been phenomenal growth in the numbers of institutional
investors in the United States.
Answer:
In the United States, the idea of corporate social responsibility appeared around the start
of the 20th century.
Answer:
Personal values and moral character play key roles in improving a company’s ethical
performance.
Answer:
There is no single universally accepted method for designing a CSR management
structure.
Answer:
Managers in the same company are likely to be at the same stages of moral reasoning at
any given time.
Answer:
Define law. Discuss the differences between law and ethics.
Answer:
The activism of institutional shareholders has often worsened company performance.
Answer:
Compare and contrast economic policies with social assistance policies.
Answer:
Describe how general systems theory can be applied to a business.
Answer:
It is impossible for multiple ethical climates to exist within one organization.
Answer:
Define bribery. Explain why certain countries are less likely to participate in such acts.
Answer:
The basis for corporate citizenship does not rely on the generosity of a firm’s senior
management or their awareness of their role as trustees of the public’s interests.
Answer:
Describe how companies can target their corporate contributions strategically to meet
the needs of the recipient while satisfying business goals and objectives. Cite an
example.
Answer: