The act passed to allow virtually any business to enter the telecommunications industry
is called:
A. 2009 Cable and Television Act.
B. 1996 Telecommunications Act.
C. 1975 Interstate Wire Communications Act.
D. 1893 Federal Communications Act.
Answer:
Stakeholder engagement is, at its core, a:
A. Program.
B. Relationship.
C. Process.
D. Systems model.
Answer:
When a company puts its commitment to social and environmental responsibility into
practice worldwide, not only locally or regionally it is called:
A. Corporate Social Responsibility.
B. Global Sustainability.
C. Global Corporate Citizenship.
D. Community Investing.
Answer:
Total social regulation costs are:
A. Slightly higher than total economic regulation costs.
B. Slightly less than total economic regulation costs.
C. Significantly higher than total economic regulation costs.
D. Equal to total economic regulation costs.
Answer:
The critical component in installing an effective ethics program is:
A. To allow all employees the freedom to act as they wish.
B. In hiring an expensive ethics consultant.
C. The integration of various ethics safeguards into a comprehensive program.
D. Maintaining the position as the industry sales leader.
Answer:
The number of Americans who actively use mobile-banking services in 2009 and thus
were increasingly vulnerable to hacking was:
A. 12 million.
B. 25 million.
C. 71 million.
D. Impossible to count.
Answer:
Many companies have argued that the evolution of strict liability has:
A. Unfairly burdened them with excess costs.
B. Decreased liability insurance rates.
C. Increased corporate revenues and dividends.
D. Changed top management’s attitude about the consumer.
Answer:
The mission of the Securities and Exchange Commission (SEC) is to:
A. Protect shareholders’ rights by making sure that stock markets are run fairly.
B. Protect companies from hostile takeovers.
C. Ensuring that institutional investors do not take control of company management.
D. Ensuring that the federal treasury receives its share of the revenues from stock
trading.
Answer:
The “WE AGREE” campaign was an image advertisement about what?
A. Facebook’s position on bullying.
B. Chevron’s position on big oil’s support of local schools.
C. S.C. Johnson’s focus on supporting American families.
D. BP’s focus on supporting clean energy sources.
Answer:
Which of the following led to significant corporate restructuring and downsizing?
A. Fierce global competition.
B. Emphasis on improving the “bottom line.”
C. Improved corporate profitability.
D. Both A and B, but not C.
Answer:
In 2011 this region contained the highest commercial value of unlicensed (pirated)
software:
A. Asia Pacific.
B. Latin America.
C. North America.
D. Western Europe.
Answer:
Which of the following is true about the Toxic Substances Control Act?
A. It required reductions in urban smog, acid rain, and greenhouse gas emissions.
B. It established a national policy to regulate, restrict, and, if necessary, ban toxic
chemicals.
C. It promoted nontoxic chemicals and fuels for business use.
D. It authorized funds for treatment plants and toxic waste cleanup.
Answer:
Which of the following is not an argument for high executive compensation?
A. High salaries provide an incentive for innovation and risk-taking.
B. High salaries are necessary to attract and retain top talent.
C. Inflated executive pay helps U.S. firms compete with foreign rivals.
D. Well-paid managers are being compensated for outstanding performance.
Answer:
Executive conscience, acts of charity, and philanthropic funding are examples of:
A. Corporate social stewardship.
B. Corporate social responsiveness.
C. Corporate/Business Ethics.
D. Corporate/Global Citizenship.
Answer:
The emerging trend in gathering audit information directly from workers using their
mobile phones is called:
A. Network-sourcing.
B. Crowd-sourcing.
C. Social networking.
D. Mobile auditing.
Answer:
Which ethical criterion is described by the idea that a company should strive for
efficiency?
A. Egoism.
B. Benevolence.
C. Principle.
D. Business-centered.
Answer:
In a 2011 Harris poll, how many people believed that political action committees were
seen as too powerful?
A. 87 percent.
B. 65 percent.
C. 47 percent.
D. 15 percent.
Answer:
Which of the following arguments opposes the idea of high executive pay?
A. High salaries provide an incentive for innovation and risk taking.
B. Not many individuals are capable of running today’s large, complex organizations.
C. Top athletes and entertainers make a lot of money, so top executives should, too.
D. High salaries divert resources that could be used to invest in the business.
Answer:
Stakeholders stand out to managers when they exhibit:
A. Integrity, power, and legitimacy.
B. Power, legitimacy, and urgency.
C. Integrity, loyalty, and power.
D. Legitimacy, loyalty, and urgency.
Answer:
The place where information is stored, ideas are described, and communication takes
place in and through an electronic network of linked systems is called:
A. The personal computer.
B. Cyberspace.
C. Cloud computing.
D. Communication.
Answer:
Which law allows individuals who sue federal contractors for fraud to receive up to 30
percent of any amount recovered by the government?
A. False Standards Act.
B. Economic Priorities Act (as amended in 1999).
C. U.S. False Claims Act (as amended in 1986).
D. Fair Labor Standards Act.
Answer:
A significant business disruption that stimulates extensive news media and social
networking coverage is called a(n):
A. Explosion.
B. Crisis management.
C. Corporate crisis.
D. Human error.
Answer:
Which company paid its employees to volunteer in their communities two days a week
after a tsunami in Japan disrupted operations at its U.S. facilities?
A. General Electric.
B. UPS.
C. Sony.
D. Honda Motor Company.
Answer:
The five types of stakeholders’ power recognized by most experts are:
A. Voting, economic, political, legal, and informational power.
B. Social, legal, environmental, economic, and political power.
C. Social, regulatory, voting, governance, and media power.
D. Economic, media, legal, stockholder, and political power.
Answer:
Once an organization has implemented the issue management program, it must:
A. Use trade associations or consultants to follow high priority issues.
B. Study the results and make necessary adjustments.
C. Not limit the number of public issues the firm can address.
D. Pick a selected number of issues to address immediately.
Answer:
Which of the following is not true about water pollution?
A. It affects crop yields.
B. It can be caused by pesticides and herbicides.
C. It can be caused by biodegradable products.
D. The Water Pollution Control Act maintains the integrity of all surface water in the
United States.
Answer:
When undertaking social initiatives, a company:
A. Must take out social responsibility insurance.
B. Will always receive long-term profits.
C. May sacrifice short-term profits.
D. Risks going bankrupt in nearly all cases.
Answer:
The reason(s) behind the uncertainty of an ethical or unethical decision is (are) that
different people and groups:
A. May honestly and genuinely use different sources of information.
B. May rank various rights in different ways.
C. May not share the same meaning of justice.
D. All of the above.
Answer:
An example of an international financial and trade institution is:
A. World Bank.
B. International Monetary Fund.
C. World Trade Organization.
D. All of the above.
Answer:
A member of the Chartered Financial Analyst Institute (CFA) must:
A. Promote the integrity of and uphold the rules governing global capital markets.
B. Act with integrity, competence, diligence, respect, and in an ethical manner with the
public.
C. Maintain and improve their professional competence.
D. All of the above.
Answer:
Variation in the important human characteristics that distinguish people from one
another is called:
A. Workforce variability.
B. Diversity.
C. Difference.
D. Affirmative action.
Answer:
When an employee believes their employer has done something that is wrong or
harmful to the public, and he or she reports alleged organizational misconduct to the
media, government, or high-level company officials, what has occurred?
A. Insider trading.
B. Hot-lining.
C. Whistle-blowing.
D. Snitching.
Answer:
Which statement characterizes the moral reasoning typically found in a child?
A. “When in Rome, do as the Romans do.”
B. “I’ll let you play with my toy if I play with yours.”
C. “Seek the greatest good for the greatest number.”
D. “Respect the rights of others.”
Answer:
This term describes sensors and actuators that are embedded in physical objects from
roadways to pacemakers and are linked through wired and wireless networks.
A. Internet of Things.
B. Information Super Highway.
C. Mapping Network.
D. Smartgrid.
Answer:
Which of the following non-profit, locally funded and controlled organizations offer
housing rehabilitation and financial services to neighborhood residents?
A. Habitat for Humanity.
B. Community Reinvestment Services.
C. Community Business Program.
D. Neighborhood Housing Services.
Answer:
A stakeholder map is a useful tool, because it enables managers to see quickly how
stakeholders feel about an issue and whether salient stakeholders tend to be in favor or
opposed.
Answer:
As the use of electronic communication at work has risen, new ethical issues involving
worker privacy have emerged. Should employers be allowed to read employee e-mail,
inspect their Facebook pages or blogs, or access files located on a personal computer at
work? Why or why not?
Answer:
Government regulations ban both sexual and racial harassment. Discuss both kinds of
harassment and why they are a growing concern to employers. What can companies do
to combat sexual and racial harassment?
Answer:
Shareholders must rely exclusively on the board of directors to protect their interests.
Answer:
Public policy effects are always unintended consequences of an action.
Answer:
In a benevolence ethical climate, the interests of the company’s employees and external
stakeholders most likely would be given high priority.
Answer:
Monetary policies refer to policies that affect the supply, demand and value of the
nation’s currency.
Answer:
Discuss the steps businesses and governments have taken to better protect stakeholder
privacy.
Answer:
Institutional investors have little incentive to hold their shares and organize to change
management policy.
Answer:
Following laws can always define proper action.
Answer:
Who are the major participants in the political process and are they cooperative or
adversarial in their relations with each other?
Answer:
In most companies, a moral atmosphere cannot be detected.
Answer:
The dominant feature of technology is change and then more change.
Answer:
How can triple bottom line reporting be used to measure a firm’s corporate citizenship
practices?
Answer:
Many experts have raised ethical questions about the ways RFID technology enables
businesses, governments, and criminals to gather information about presale, sales, and
post-sale activities.
Answer: