The right to free speech is protected in the United States by the:
A. Constitution.
B. Patriot Act.
C. False Claims Act.
D. Fair Labor Standards Act.
Answer:
The board committee that administers and approves salaries and benefits of high-level
managers in a company is called the:
A. Executive committee.
B. Human resources committee.
C. Nominating committee.
D. Compensation committee.
Answer:
When a bank employee makes trades using the firm’s money without its authorization,
the practice is called:
A. Rogue accounting.
B. Rogue trading.
C. Ponzi scheme.
D. Imbalanced banking.
Answer:
Interactions between business and society occur:
A. Within a finite natural ecosystem.
B. Only during an environmental crisis.
C. When business employees and the community are of similar cultural backgrounds.
D. When legislation is passed requiring interaction.
Answer:
Business leaders, like automaker Henry Ford developed these programs to support the
recreational and health needs of their employees
A. Corporate social responsibility programs.
B. Corporate citizenship programs.
C. Social networking programs.
D. Paternalistic programs.
Answer:
Which of the following is a mission of the Food and Drug Administration?
A. To assure the safety and effectiveness of a wide range of consumer products.
B. To prohibit unfair or deceptive advertising.
C. To ensure that packaging and labels contain all the necessary information.
D. Inspection of meat, poultry, seafood, and produce.
Answer:
Universal rules establishing a common set of labor standards worldwide are called:
A. Corporate codes of conduct.
B. NGO standardization.
C. Industry-wide codes of conduct.
D. Fair labor standards.
Answer:
When a community group sues a company for health effects caused by the unsafe
disposal of toxic chemicals, this is an exercise of a stakeholder’s:
A. Legal power.
B. Voting power.
C. Economic power.
D. Political power.
Answer:
Which of the following is not an argument favoring employee drug testing?
A. It improves employee productivity.
B. It decreases employee theft and absenteeism.
C. It promotes safety in the workplace.
D. It is an intrusion on individual privacy.
Answer:
Because of the risks and opportunities public issues present, organizations need:
A. A strong relationship with a lobbying firm or an in-house lobbying department.
B. Executives to be rewarded with substantial bonuses as part of total compensation.
C. A systematic way of identifying, monitoring, and selecting public issues.
D. Tougher government regulations and oversight by political action committees.
Answer:
Studies show that texting while driving is:
A. Less dangerous than talking on a phone while driving.
B. Less dangerous than driving while drunk.
C. More dangerous than talking on the phone while driving.
D. Just as dangerous as talking on a phone while driving.
Answer:
Which of the following is (are) true about emission fees?
A. Each business is charged for the undesirable pollution that it emits.
B. Companies emitting more pollutants end up paying more pollution taxes.
C. Revenues from emission fees are used to support environmental efforts.
D. All of the above.
Answer:
Only after which of the following conditions is (are) met, should the whistle-blower go
public?
A. The unreported act would do serious and considerable harm to the public.
B. The employee has reported the act to his or her immediate supervisor and has made
their moral concern known.
C. Both A and B.
D. None of the above.
Answer:
In 2012 the European Union imposed a carbon emissions fee on all airlines flying in
and out of EU airspace that:
A. Successfully raised funds through fees to limit greenhouse gas emissions.
B. Garnered great support from the Chinese and U.S. governments.
C. Generated great opposition from more than two dozen countries.
D. Effectively eliminated green house gas emissions in its airspace.
Answer:
Over time the role of the CIO:
A. Has remained the same.
B. Has decreased in level of responsibility.
C. Has changed dramatically, superseding the role of the chief executive officer.
D. Has changed dramatically, becoming more integrated into the overall strategic
direction of the firm.
Answer:
According to the United Nations, a feature of democracy is:
A. Fair elections.
B. An independent media.
C. A government with power balanced among executive, legislative, and judicial
branches.
D. All of the above.
Answer:
The components of a typical issues management process include:
A. Identify issue.
B. Generate options.
C. Take action.
D. All of the above.
Answer:
In 2010, median compensation for directors at the largest U.S. corporations was
(rounded to the nearest $10):
A. $172,300.
B. $193,240.
C. $182,300.
D. $212,510.
Answer:
Grameen Bank in Bangladesh is one of the most recognized:
A. B Corporations.
B. Microfinance institutions.
C. Yogurt producers.
D. Retail providers.
Answer:
According to The International Federation of the Phonographic Industry (IFPI),
worldwide sales of music fell by how much in 2009?
A. 10 percent.
B. 35 percent.
C. 50 percent.
D. 75 percent.
Answer:
Businesses in the clean technology stage:
A. Actively manage environmental issues.
B. Have well-funded programs for environmental technology.
C. Evaluate cyber technology-related risks.
D. Develop innovative technologies that support sustainability.
Answer:
Hydraulic fracturing, or “fracking,” has the following benefit:
A. Natural gas burns more cleanly than either coal or oil.
B. It is a risk-free form of natural gas extraction.
C. It gives more businesses to sewage plants to clean contaminated water.
D. There are no benefits to fracking.
Answer:
This international gathering brought together leaders from the United States and 27
European countries to address the global nature of cyberattacks:
A. Cyberattack Awareness Day.
B. Anti-cyber International.
C. International Defense Against Web Attacks.
D. Data Privacy Day.
Answer:
To influence government policymakers’ actions, an information strategy involves:
A. Business leaders speaking before government policymakers.
B. Government policymakers hiring special interest groups for fact-finding projects.
C. Businesses listening to government policymakers in order to develop a corporate
strategy.
D. Gaining support from other affected organizations.
Answer:
The information phase of technology primarily requires:
A. Providing services.
B. Intellectual and electronic skills.
C. Manual and machine skills.
D. The same skills as needed in previous phases.
Answer:
Which of the following is the result of an inseparable relationship between business and
society?
A. All business decisions have a social impact.
B. The vitality of business depends on society’s actions and attitudes.
C. The survival of business is independent of society.
D. Both A and B, but not C.
Answer:
How do companies encourage their employees to volunteer their time?
A. By publicizing specific projects.
B. By offering recognition for service.
C. By publicizing opportunities to serve.
D. All of the above.
Answer:
Which of the following is not a strategy to help companies get the most benefit from
their contributions?
A. Use hard-nosed business methods to assess the impact of gifts.
B. Align priorities with employee interests.
C. Establish priorities even if they come into conflict with firm core values.
D. Draw on unique competencies of the business.
Answer:
Which of the following is an action that companies take to manage diversity
effectively?
A. Do not actively recruit ethnic minority workers.
B. Set up a diversity council to monitor the company’s goals.
C. Replace existing workers with ethnically diverse workers.
D. All of the above.
Answer:
Triple bottom line disclosure is primarily driven by:
A. Noneconomic drivers.
B. Managerial accounting drivers.
C. Economic drivers.
D. Technological advances.
Answer:
Institutional investors are sometimes referred to as:
A. Main Street investors.
B. Wall Street investors.
C. Inside investors.
D. Outside investors.
Answer:
Public policies and government regulations are shaped by:
A. Business.
B. Special interest groups.
C. Government.
D. All of the above.
Answer:
Investors may receive an economic benefit from the ownership of stock by receiving:
A. Interest.
B. Dividends.
C. Capital gains.
D. Both B and C, but not A.
Answer:
A reason for an increase in employee monitoring does not include:
A. To achieve greater efficiency at work.
B. To avoid lawsuits if employees act in inappropriate ways.
C. To make sure employees do not disclose confidential information.
D. To reduce the employer’s health insurance premiums.
Answer:
Explain why a business should seek to balance its economic, legal and social
obligations.
Answer:
Identify a business with which you are familiar. What steps could this business take to
manage more sustainably?
Answer:
The emergence of public issues often encourages companies to monitor public
concerns, respond to government proposals, and participate in the political process.
Answer:
Provide three arguments in favor of corporate social responsibility.
Answer:
How is the public protected through government regulations?
Answer:
Enlightened self-interest is the idea that the wealthiest members of society should be
charitable toward those less fortunate.
Answer:
In your opinion, what are the most pressing and significant concerns facing
communities today? Why do you think so? How would a business’ community relations
department address that concern?
Answer:
Businesses must wait for a public issue to arise before forming a political strategy.
Answer:
Compare and contrast the world’s political and economic systems and their effects on
globalization.
Answer:
Global corporate citizenship refers to putting an organization’s commitment to social
and environmental responsibility into practice locally.
Answer:
High-technology businesses, governments, and community groups acting together
appear to be winning the battle of making technology more accessible to all people
regardless of their race, income, education, age, or residence.
Answer:
The interests of different stakeholders often coincide.
Answer:
During the past few years, e-business revenue has increased at a faster pace than that of
traditional, or non-electronic, business.
Answer:
Managers, as major decision-makers, are one of the keys to whether a company will act
ethically or unethically.
Answer:
What is the role of government in the area of equal employment opportunity? Discuss
from a historical perspective.
Answer:
Public policy is a plan of action undertaken by business to influence the government.
Answer:
The gap between those who have access to technology and those who do not is called
the digital divide.
Answer:
Some scholars have suggested that managers pay the most attention to stakeholders
possessing the least salience.
Answer:
A business is any organization that is engaged in making a product or providing a
service for a profit.
Answer:
The Securities and Exchange Commission is charged with regulating interstate and
international communications by radio, television, wire, satellite, and cable.
Answer: