Enlightened egoism
a. is when an individual puts spiritual feelings above all others. b. centers completely on
the short-term well-being of others. c. centers on one’s short-term self-interest.
d. centers on one’s longterm selfinterest but takes others€ wellbeing into account.
e. centers on the long-term well-being of others.
An ethical organizational culture creates an environment in which to structure behavior
that is then evaluated by stakeholders. The key elements of an organizational culture
include all of the following except
a. values.
b. norms.
c. artifacts.
d. legal compliance.
e. employee compensation
The perceived relevance or importance of an ethical issue to the individual, work group,
or organization is
a. organizational culture.
b. immediate job context.
c. ethical issue intensity.
d. leadership.
e. locus of control.
Many businesses responded to sustainability by adopting a triple-bottom line approach;
taking into consideration social and environmental performance variables in addition
to .
a. managerial performance
b. economic performance
c. board of directors performance
d. customer focus
e. stakeholder focus
All of the following are true with regards to opportunity and ethical decision making
except
a. Despite the existence of rules, misconduct can still occur without proper oversight.
b. The opportunities that employees have for unethical behavior in an organization can
be eliminated through formal codes, policies, and rules adequately enforced by
management.
c. Opportunity also comes from knowledge.
d. The opportunity for unethical behavior can be eliminated with aggressive
enforcement of codes and rules.
e. Opportunity results from conditions that either provide rewards or fail to erect
barriers against unethical behavior.
The growth of the Internet and differing security laws between countries has led to an
increase in concern for the human right of
a. religion.
b. a secure job.
c. healthcare.
d. privacy.
e. freedom of speech.
The specific steps for implementing the stakeholder perspective do not include which of
the following?
a. Identifying stakeholder groups
b. Identifying stakeholder issues
c. Identifying and gaining stakeholder feedback
d. Identifying and gaining government feedback
e. Assessing organizational commitment to social responsibility groups
According to the World Trade Organization, which of the following products and
services are most vulnerable to protectionism?
a. Textbooks and other school supplies
b. Travel agencies
c. Music and dance
d. Intellectual property
e. Shoes, cars, and steel
Organizational can contribute to diminished employee trust and increased employee
turnover.
a. leadership succession
b. compensation policies
c. ethics programs
d. rules
e. misconduct
All of these are examples of social responsibility concerns, except:
a. Product price
b. Consumer protection
c. Employee well-being
d. Sustainability
e. Legal responsibilities
A stakeholder orientation is not complete unless it includes
a. clear accounting procedures.
b. major financing activities.
c. marketing strategy.
d. feedback from special-interest groups.
e. activities that actually address stakeholder issues.
More than a compliance program, business ethics is becoming
a. a management issue to achieve competitive advantage.
b. less accepted by society.
c. mainly a government regulatory issue.
d. an initiative led by nonprofit organizations.
e. a program that decreases profits but increases societal benefits.
Minimizing the use of energy and reducing emissions and waste are issues of
importance to which stakeholder?
a. Environmental groups
b. Suppliers
c. Employees
d. Industry leaders
e. Investors
The benefit of healthcare is being debated as to whether it is a right or privilege. Which
of the following countries does not consider health care to be a right?
a. The United States
b. France
c. Sweden
d. Germany
e. Canada
What is a major role of the International Monetary Fund (IMF)?
a. It determines the credit ratings of countries.
b. It is the lender of last resort for individuals who cannot secure other types of loans.
c. It functions as a collection agent for global banks.
d. It makes short-term loans to member countries that have deficits and provides foreign
currencies for its members.
e. It provides mortgage loans to international home buyers.
The idea that the mission of business is to produce goods and services at a profit, thus
maximizing its contribution to society is associated with
a. Adam Smith.
b. Theodore Levitt.
c. Norman Bowie.
d. Herman Miller
e. Milton Friedman.
Following the ethical directives of a superior relates to
a. an internal locus of control.
b. obedience to authority.
c. moral intensity.
d. gender.
e. ethical issue intensity.
Which of the following acts exempted the insurance industry from antitrust legislation?
a. Equal Pay Act of 1963 b. Civil Rights Act of 1964
c. McCarran-Ferguson Act of 1944 d. Sherman Antitrust Act of 1890
e. Occupational Safety and Health Act of 1970