Through_________,it is possible to quantify the trade-offs to determine whether to acce
pt or reject environmentally-related activities and programs.
a. risk management
b. management voting
c. board directives
d. legal requirements
e. customer input
The model is founded in classic economic precepts.
a. economic
b. shareholder
c. stakeholder
d. board
e. ISO
A high concern for people but minimal concern for performance can bestdescribe the
culture.
a. caring
b. apathetic
c. exacting
d. shareholder
e. employee
10.The ______was called “a sweeping overhaul of the financial regulatory
system…………on a scale not see since the reforms that followed the Great Depression.”
a. Equal Pay Act
b. Americans with Disabilities Act
c. Dodd-Frank Wall Street Reform and Consumer Protection Act
d. Age Discrimination in Employment Act
e. VII of the Civil Rights Act
Ethics audits can help companies identify potential before they reach crisis dimensions.
a. competitive advantages
b. risks and liabilities
c. productivity issues
d. technological glitches
e. market opportunities so they can implement plans to eliminate or reduce them
Because top managers may be more insensitive to ethical issues due to their focus on
financial performance, the FSGO guidelines suggest that ethics officers report to the
________instead.
a. stock market
b. board of directors
c. middle managers
d. customers
e. stakeholders
Which is the last of Kohlberg’s stages of cognitive moral development?
a. Individual instrumental purpose and exchange b. Need achievement
c. Social system and conscience maintenance d. Punishment and obedience
e. Universal ethical principles
Which moral philosophy focuses on the rights of individuals and on the intentions
associated with a particular behavior, rather than its consequences?
a. Deontology
b. The relativist perspective c. Teleology
d. Egoism
e. Utilitarianism
A coaching leader builds a positive climate by
a. valuing people, their emotions, and their needs.
b. focusing on communication across all layers of the organization.
c. inspiring employees to follow their departmental leaders without question.
d. focusing on achievement, initiative, and self-control.
e. developing skills for success, delegating responsibility, and issuing challenging
assignments.
Which of the following is nota side-effect of being the victim of workplace bullying?
a. Increased productivity
b. Sleep disturbance
c. Depression
d. Increased sick days
e. Stomach problems
Retaliation against employees that report misconduct is a problem in cultures.
a. weak ethical
b. strong ethical
c. high power distance
d. diverse
e. international
According to the role of ethical culture in performance, all of these are drivers of profit
except
a. trust.
b. investor loyalty.
c. employee commitment.
d. customer satisfaction.
e. opportunity for misconduct.
Part of the reason why credit ratings firms did not catch major problems prior to the
global financial meltdown of 2008 was because they were paid by the firms that they
rank, which creates
a. economies of scale.
b. synergy.
c. a conflict of interest.
d. cooperation.
e. efficiency.
Mostorganizations with strong ethical climates usually focus on the core value of
placing interests first.
a. customers’
b. employees’
c. stockholders’
d. suppliers’
e. distributors’
The ___________was a result of a meeting in which international leaders decided that p
rimary responsibility for the regulation of monetary relationships among nations should
rest in an external body.
a. United Nations
b. North American Free Trade Agreement
c. World Trade Agreement
d. World Bank
e. International Monetary Fund
Which of the following statements about multinational corporations (MNCs) is false?
a. MNCs are corporate organizations that operate on a global scale without significant
ties to any one nation or region.
b. MNCs are inherently unethical and always do harm in the countries in which they
operate.
c. MNCs are characterized by a global strategy of focusing on opportunities throughout
the world.
d. Some MNCs are so large and powerful that their revenues are greater than the gross
domestic products of many countries.
e. Because of their size and power, MNCs have been the subject of much criticism and
the source of a number of ethical issues.
___________assumes that economic decisions are influenced by human behavior.
a. Rational economics
b. Socialism
c. Capitalism
d. Rational capitalism
e. Behavioral economics
The originator of the idea of the invisiblehand, which is a fundamental concept in free
market capitalism, was
a. Adam Smith.
b. Theodore Levitt.
c. Norman Bowie.
d. Herman Miller
e. Milton Friedman.
Which of the following statements about corporate culture is false?
a. Corporate culture refers to the patterns and rules that govern the behavior of an
organization and its employees, particularly the shared values, beliefs, and customs.
b. The values and ethical beliefs that actually guide the firm’s employees tend not to be
the same ones that management states as defining the firm’s culture.
c. Corporate culture includes the behavioral patterns, concepts, values, ceremonies, and
rituals that take place in an organization.
d. The culture of an organization may be explicitly stated or unspoken.
e. Failure to monitor or manage an organization’s culture may foster unethical behavior.
What is the first step in implementing a stakeholder perspective in an organization?
a. Identifying resources and determining urgency
b. Identifying stakeholder groups
c. Identifying stakeholder issues
d. Assessing the corporate culture
e. Assessing organizational commitment to social responsibility
Which of the following is notone of the top challenges facing CEOs today? .
a. Keeping pace with regulation
b. Protecting against risks
c. Managing and utilizing social media
d. Gaining adequate compensation
e. Managing reputation
What should be the final step in the ethics auditing process?
a. Define the scope of the audit
b. Secure the commitment of top managers and directors
c. Collect and analyze data
d. Report the findings
e. Verify the results