According to U.S. Census data released in 2012, in about one-third of all married
couples with children, both parents worked at least part-time.
Answer:
Employees in the United States have the right to organize and bargain collectively.
Answer:
Beginning on a major scale in the 1960s, U.S. presidents issued executive orders and
Congress enacted laws intended to promote equal treatment of employees.
Answer:
By setting a common standard for all firms, government can take the cost of pollution
control out of competition.
Answer:
The World Trade Organization conducts negotiations, called “cycles,” on various topics,
rotating its meetings among different cities.
Answer:
The term labor standards refers to the conditions under which a company’s employees
work.
Answer:
Corporations are prohibited from giving more than 10 percent of its income for
philanthropic purposes.
Answer:
Employment-at-will is a legal doctrine that means employees are hired and retain their
jobs at the sole discretion of the employer.
Answer:
The Council for Economic Priorities has developed a set of workplace rules called
Social Accountability 8000, or SA 8000.
Answer:
Some labor unions have departed from their traditional adversarial approach to work
cooperatively with employers for their mutual benefit.
Answer:
The Safe Drinking Water Act of 1974 requires permits for most point sources of
pollution, such as industrial emissions.
Answer:
The first United States federal laws to protect the environment involved protecting
navigable waterways.
Answer:
The term community is sometimes improperly used to refer to a range of groups that are
affected by an organization’s actions, whether or not they are in the immediate vicinity.
Answer:
A commons is a shared resource, such as land, air or water that a group of people uses
collectively.
Answer:
Human society used 60 times as much energy in the late 20th century as it did in 1860,
when industrialization was in its early stages.
Answer:
The leading contributor to global warming is the burning of fossil fuels, which releases
carbon dioxide into the atmosphere.
Answer:
Charitable donations are defined as gifts of products or services.
Answer:
Black carbon is the second largest contributor to climate change, responsible for as
much as
18 percent of global warming.
Answer:
The Latin phrase, caveat emptor, meaning “let the seller beware” has put sellers on alert
to look after their own interests.
Answer:
Legal environment includes the structure, processes, and actions of government at the
local, state, national, and international levels.
Answer:
The term sector refers to broad divisions of a whole.
Answer:
Under the “right to be heard” protection, the consumer is to be assured satisfactory
quality and service at fair prices.
Answer:
Under the Family Medical Leave Act, companies that employ 50 or more people must
grant unpaid, job-protected leaves for up to 12 weeks to employees with serious family
needs, including the birth or adoption of a baby.
Answer:
The employment relationship confers rights and duties on both sides.
Answer:
The Occupational Safety and Health Act gives workers the right to a job “free from
recognized hazards that are causing or likely to cause death or serious physical harm.”
Answer:
Effective environmental management requires an integrated approach that involves all
parts of the business organization.
Answer:
The EPA has identified carbon monoxide as the sole indicator of the overall level of air
pollution.
Answer:
Employers are not required by law to agree to the union’s demands, but they are
required to bargain in good faith.
Answer:
Dialogue between a single firm and its stakeholders is always sufficient to address an
issue effectively.
Answer:
Efforts to prevent inequitable exposure to risk, such as from hazardous waste, are
sometimes referred to as the movement for environmental justice.
Answer:
Competitive intelligence enables managers in companies of all sizes to make informed
decisions in all areas of the business.
Answer:
Most nations in the world share similar political, social and economic beliefs.
Answer:
Companies are learning that it is important to take a strategic approach to the
management of public issues, both domestically and globally.
Answer:
Financially sound companies do not need to understand how a public issue is likely to
evolve, or how it will affect them.
Answer:
Globalization is accepted worldwide and creates little controversy.
Answer:
Rain forest destruction is controversial because these environments are more valuable
cut down than standing.
Answer:
Community relations departments work primarily on the national level to link the
corporation to community stakeholders.
Answer:
At the beginning of the 20th century, no country in the world had universal suffrage.
Answer:
An important aspect of the business-community relationship is corporate philanthropy.
Answer:
The law requiring that toys and infant products be tested before sale is called the:
A. Child Safety Act.
B. Strong Product Safety Bill.
C. Consumer Product Safety Improvement Act.
D. Uniform Safety Testing Bill.
Answer:
Scientists believe that if the Montreal Protocol is honored the ozone layer will recover
by:
A. 2015.
B. 2035.
C. 2050,
D. Never.
Answer:
A firm can affect the general public’s values, attitudes and actions through:
A. Television advertisements.
B. Billboard messages.
C. Blogs written by CEOs.
D. All of the above.
Answer:
The loan policies of the World Bank:
A. Are generous to developing countries seeking to expand their educational systems.
B. Impose strict restrictions on debtor countries which can sometimes lead to hardship.
C. Are generally only available to rich nations.
D. Are open to any company conducting business abroad.
Answer:
The richest 1 percent of the people in the world receives as much income annually as:
A. The wealthiest 5 percent.
B. 100 percent of the middle class.
C. The poorest 99 percent.
D. The poorest 57 percent.
Answer:
Cross-cultural contradictions arise due to:
A. The emergence of a developing country’s economic power.
B. Religious differences practiced by business executives.
C. Differences between home and host countries’ ethical standards.
D. All of the above.
Answer:
According to the Institute for Crisis Management this industry is among the top
crisis-prone industries because of sophisticated technology found in its products:
A. Airline.
B. Automobile.
C. Pharmaceuticals.
D. Telecommunications.
Answer:
Which of the following government rules on equal treatment of employees does not
apply to businesses?
A. Discrimination on the basis of race, color, religion, sex, national origin, disability or
age is prohibited in all employment practices.
B. Government contractors must have written positive affirmative action plans to
overcome the past and present effects of discrimination in their work force.
C. Women and men must receive equal pay for performing equal work.
D. Affirmative action plans must be permanent.
Answer:
What is the most important social issue facing communities, according to a survey of
community relations managers?
A. Education.
B. Health care.
C. Public safety.
D. Housing.
Answer:
The Securities and Exchange Commission outlaws:
A. Any manipulative or deceptive device used to trade stocks.
B. Compensating company executives with stock options.
C. Trading in stocks by institutions.
D. Buying stock in a company for which you work.
Answer:
In 2005, this school announced that it would admit some of the 17 business applicants
who had hacked into its computerized database:
A. Harvard.
B. Dartmouth.
C. Princeton.
D. Notre Dame.
Answer:
The corporate nemesis responsible for creating and spreading computer attacks is called
a:
A. Google.
B. Zombie.
C. Computer hacker.
D. Platform.
Answer:
Piracy was most severe in this country where the illegal software market was worth
nearly $9 billion in 2011:
A. China.
B. India.
C. South Africa.
D. Japan.
Answer:
A conception of right and wrong is:
A. Impossible to know.
B. The definition of ethics.
C. Determined by power.
D. Based on stakeholder dialogue.
Answer:
How are directors (members of corporate boards) selected?
A. Shareholders elect the directors from a list of candidates.
B. The company’s CEO appoints the directors.
C. The nominating committee elects the directors.
D. Shareholders with the greatest proportional ownership in the company become
directors.
Answer:
Utilitarian reasoning primarily considers:
A. The end results of an action.
B. The rights of the unprotected.
C. The distribution of benefits.
D. Both A and C, but not B.
Answer:
The directors of a company are a central factor in corporate governance because they:
A. Exercise formal legal authority over company policy.
B. Have the highest stake in the performance of the company.
C. Have a moral responsibility to fulfill the needs of both the company’s employees and
customers.
D. Inherited the business from their predecessors.
Answer:
The core components upon which a company’s ethical performance depends include:
A. The values and virtues of the managers.
B. The personal character of the managers and employees.
C. The traditions, attitudes, and business practices built into a company’s culture.
D. All of the above.
Answer:
Which company donates 5 percent of its branches or stores’ [{'}]total sales
revenue to a worthy local nonprofit organization three days a year?
A. H&M.
B. Whole Foods Markets.
C. Bank of America.
D. Citigroup.
Answer:
Business executives are finding that a trusting, ethical relationship with a business
partner is:
A. Best left to not-for-profit companies.
B. Too costly to maintain.
C. Likely to cause legal problems.
D. Often essential in conducting business.
Answer:
Trade associations are:
A. Coalitions of companies in the same or related industries.
B. Prohibited by U.S. law.
C. Made up of unionized workers.
D. Found in developing countries.
Answer:
Deregulation is often:
A. A politically popular idea.
B. A politically unpopular idea.
C. Seen during a Democratic federal administration.
D. Found in European countries but not in the United States.
Answer:
Which of the following statements is true about the relationship between business and
the community?
A. It is one of mutual interdependence.
B. Business has more responsibility towards community than the community does
towards business.
C. Communities possess more social power than businesses do.
D. All of the above statements are true.
Answer:
A systematic evaluation of an organization’s social, ethical, and environmental
performance is called a(n):
A. Corporate social responsibility review.
B. Stakeholder audit.
C. Independent social review.
D. Social audit.
Answer:
Which of the following is an example of industrial ecology in practice?
A. Developing a paper recycling program in business offices.
B. Using wastes from one process as raw materials for another process.
C. Manufacturing recyclable containers for products.
D. All of the above.
Answer:
Which of the following statements is true about corporate social responsibility?
A. Businesses should monitor and prevent social problems in advance of their
becoming major issues.
B. A company should seek maximum profits from its operations in order to provide the
best for society.
C. Corporations should be accountable for any actions that affect people, their
communities, and the environment.
D. Both A and C, but not B.
Answer:
Sexual harassment applies to:
A. Only men who are being harassed.
B. Only women who are being harassed.
C. Either men or women who are being harassed.
D. Only attractive employees who are being harassed.
Answer:
In 2012, the Anti-Phishing Working Group (APWG) reported that how many of the
world’s computers were infected with some type of malware?
A. 15 percent.
B. 39 percent.
C. 57 percent.
D. 80 percent.
Answer:
Executive Order 11246, established in 1965, mandates:
A. Affirmative action for all government employees.
B. Affirmative action for all federal contractors and subcontractors.
C. Equal pay for equal work for all federal contractors and subcontractors.
D. Family and medical leave for all federal employees for illness, or the birth of a child.
Answer:
According to a Harvard Business Review study, which of the following is not an area in
which corporate contributions are most likely to enhance a company’s competitiveness?
A. Context for strategy and rivalry.
B. Demand conditions.
C. Stakeholder management.
D. Factor conditions.
Answer:
Sustainable development:
A. Meets the needs of the present while compromising the ability of future generations
to meet their own needs.
B. Gives precedence to environmental over economic considerations.
C. Balances economic and environmental considerations.
D. Gives precedence to present needs over future needs.
Answer:
The three strategies of globalization can be summarized using what three words?
A. Channels, operations, and chains.
B. Export, locate, and purchase.
C. Sell, make, and buy.
D. Ethics, import, and sell.
Answer:
Workers in the United States enjoy several important legal guarantees. Discuss three
major worker rights. What are the U.S. laws and regulations that govern each? How do
such policies compare with those of other countries?
Answer:
What are the various stages of the business-stakeholder relationship?
Answer:
Do you think U.S. executives are compensated too highly? Why or why not?
Answer:
How is the corporate Chief Information Officer a “coach” for the organization?
Answer:
Various stakeholder groups often use far different tactics than businesses to influence
government officials, elections, and regulation.
Answer:
Illegal acts committed by employees, such as fraud and insider trading, is called
blue-collar crime.
Answer:
The normative argument for the stakeholder theory of the firm says that the stakeholder
view is simply a more realistic description of how companies really work.
Answer:
How do the three types of corporate political strategies differ from each other?
Answer:
Define a corporate crisis. Outline an effective crisis management plan for a public
relations manager.
Answer:
Define global corporate citizenship. Why has corporate citizenship recently become so
complicated?
Answer:
As a response to the conflict between long- and short-term profit making, an
enlightened self-interest point of view would be the least useful and practical approach.
Answer:
The American Institute of Certified Public Accountants Code directs accountants to be
responsible to their clients and their profession, but not to the public.
Answer:
How are firms honored for their efforts to create an ethical climate? Provide examples
of role model companies and what efforts they took to develop effective ethics
programs.
Answer:
Evaluate public opion influencing strategies used by business organization, such as
public service announcements, image advertisements, and issue advertisements.
Answer:
Historically, public relations officers worked mostly through contact with traditional
media outlets.
Answer:
According to a recent Transparency International survey, Denmark and Sweden are two
countries that are least likely to be subjected to bribery.
Answer:
Engaging interactively with stakeholders carries a number of potential benefits.
Discuss.
Answer:
Why have U.S. institutions become more active as investors? How has this trend spread
to other countries?
Answer:
An example of indirect communications is through television.
Answer:
Laws and regulations help create a level playing field for businesses that compete
against one another.
Answer: