A narrow view of corporate social responsibility is expressed by the:
a. social web model of corporate social responsibility.
b. integrative model of corporate social responsibility.
c. economic model of corporate social responsibility.
d. philanthropic model of corporate social responsibility.
Which of the following is true of excessive compensation packages?
a. When executive compensation is tied to stock price, executives have a strong
incentive to focus on long-term corporate interests rather than short-term stock value.
b. When huge amounts of compensation depend on quarterly earnings reports, there is a
strong incentive to manipulate those reports in order to achieve the money.
c. Economic fairness and personal morality always exists in executives receiving lofty
compensation packages.
d. Excessive compensation packages serve corporate interests when they provide an
incentive that is not based on executive performance or accomplishments.
The function of auditors as gatekeepers is to:
a. verify a company’s financial statements so that investors’ decisions are free from
fraud and deception.
b. evaluate a company’s financial prospects or creditworthiness, so that banks and
investors can make informed decisions.
c. ensure that decisions and transactions conform to the law.
d. function as intermediaries between a company’s stockholders and its executives.
Focusing failures result in moments where we ask ourselves, ‘How could I have missed
that?’ According to Bazerman and Chugh, this phenomenon is known as:
a. change blindness.
b. descriptive ignorance.
c. inattentional blindness.
d. normative myopia.
Which of the following is true about technology and its usage?
a. It prohibits access to any information that was once easily accessible.
b. It ensures that the lines between people’s personal lives and professional lives are not
blurred.
c. It tends to cause facelessness that is a challenge that has to be met.
d. It allows users to be much more careful with their communications.
The desire to place workers in appropriate positions, to ensure compliance with
affirmative action requirements, or to administer workplace benefits is sufficient reason
for employers to undertake employee _____.
a. training
b. orientation
c. monitoring
d. drug testing
Which of the following statements is true about manipulation?
a. It involves total control of direction or management.
b. A person cannot manipulate someone without deception.
c. It implies guiding people’s behavior with their conscious understanding.
d. To manipulate something is to guide or direct its behavior.
Which of the following is true about an integrity-based culture?
a. It reinforces a particular set of rules.
b. It reinforces a particular set of values.
c. It empowers legal bodies to monitor compliance.
d. It emphasizes rules as the primary responsibility of ethics.
Which of the following versions of corporate social responsibility suggests that the
long-term financial well-being of every firm is directly tied to questions of how the firm
both affects and is affected by the natural environment?
a. Social web
b. Philanthropic
c. Social entrepreneurship
d. Sustainability
Which of the following statements is true about monitoring?
a. It reduces workers’ right to control their environment without reducing the level of
worker autonomy and respect.
b. It has the potential to cause physical disorders such as carpal tunnel syndrome.
c. It does not have a negative impact on performance.
d. It can lead to mental pressures, but health problems have not been reported.
According to the universal principle of Kantian philosophy, the ethical obligation of
_____ should guide employment interactions.
a. family responsibilities
b. respect for people
c. religion
d. core customs
Name the legal violation that occurs when someone intentionally interferes on the
private affairs of another when the interference would be ‘highly offensive to a
reasonable person.’
a. Calumny
b. Vilification
c. Intrusion into seclusion
d. Defamation
While approaching an ethical issue in marketing, the rights-based tradition would:
a. ask to what degree the participants are respected as free and autonomous agents
rather than treated simply as means to the end of making a sale.
b. calculate the benefits and costs of each exchange.
c. attempt to find out about other values that are affected by the exchange.
d. want to know the degree to which the transaction provided actual as opposed to
merely apparent benefits for each participant.
Stakeholder theory is an example of the:
a. philanthropy model of corporate social responsibility.
b. social web model of corporate social responsibility.
c. economic model of corporate social responsibility.
d. stockholder model of corporate social responsibility.
Which of the following rely on gatekeepers for fair and effective functioning of
economic markets?
a. Bankers
b. Auditors
c. Accountants
d. Financial analysts
Which of the following is a cognitive barrier to responsible, ethical decision-making?
a. Choosing the alternative that meets maximum decision criteria
b. Considering unlimited alternatives
c. Following simplified decision rules
d. Selecting only the best option
What is a social contract?
Differentiate the concepts of morality and social ethics.
Insider trading may be based on a claim of unethical misappropriation of _____, that is,
knowledge only those in the firm should have.
_____ refers to the presence of differing cultures, languages, ethnicities, races, affinity
orientations, genders, religious sects, abilities, social classes, ages, and national origins
of the individuals in a firm.
The _____ Guidelines offer boards some specifics regarding ways to mitigate eventual
fines and sentences in carrying out duties by paying attention to ethics and compliance.