The percentage of global wealth concentrated at the Bottom of the Pyramid is:
A. 8 percent.
B. 22 percent.
C. 60 percent.
D. 70 percent.
The fiduciary duty of managers benefits a firm’s:
A. Shareholders.
B. Customers.
C. Employees.
D. All of the above.
Which of the following is not an example of stakeholders’ economic power?
A. A supplier halts shipments to a business customer that demanded very low prices.
B. A social group protests a government’s decision to raise taxes.
C. A local community boycotts a grocery store suspected of inaccurate weight scales.
D. An equal rights group refuses to do business with a company that has a
discriminatory hiring policy.
Some researchers believe that business firms moving towards ecological sustainability
results in:
A. Competitive advantages.
B. Decreased worker productivity.
C. More government regulation.
D. Less money for shareholders.
Which of the following is not an example of a social regulatory agency?
A. Consumer Product Safety Commission.
B. Equal Employment Opportunity Commission.
C. National Highway Traffic Safety Administration.
D. National Labor Relations Board.
Sustainability leaders have found that the most effective environmental management
approach involves:
A. A team of line managers from across the business organization.
B. Leadership from top-level executives who make all corporate decisions.
C. Only shareholders.
D. An engaged board of directors that dictates strategy.
Which U.S. Act prohibits executives representing U.S.-based companies from paying
bribes to foreign government officials, political parties, or political candidates?
A. The USA Patriot Act.
B. The U.K. Bribery Act.
C. The Corruption of Foreign Officials Act.
D. The U.S. Foreign Corrupt Practices Act.
Which of the following is (are) true about Employee Assistance Programs (EAPs)?
A. They offer counseling and follow-up to alcohol and drug abusers.
B. Almost all employers with 1,000 or more workers offer EAPs.
C. Nearly three-quarters of small companies with 50 to 99 employees offer EAPs.
D. All of the above.
Which of the following represents a structural remedy for an antitrust violation?
A. Paying a large fine.
B. Breaking up a monopoly.
C. Disclosure of company information to rivals.
D. Agreeing to change a firm’s conduct.
Environmental regulations stimulate some sectors of the economy by:
A. Creating jobs in industries like environmental consulting, asbestos abatement, and
instrument manufacturing.
B. Saving jobs in industries like fishing and tourism when natural areas are protected or
restored.
C. Compelling businesses to become more efficient by conserving energy.
D. All of the above.
Groups that collect and combine data from various sources into individual profiles that
are sold to retailers and advertisers are called:
A. Flash cookies.
B. Data aggregators.
C. Internet marketers.
D. 360-degree viewers.
Government has distinctive resources and competencies including:
A. Knowledge of public policy.
B. Ability to enforce the rules.
C. Revenue from taxation.
D. All of the above.
This inter-American organization (North and South America) was created to unite
organizations focusing on corporate social responsibility from Canada to Chile.
A. Business for Social Responsibility.
B. Canadian Business for Social Responsibility.
C. Forum Empresa.
D. Foundacion Empresay Sociedad.
An example of codes of environmental conduct that have been developed by and for
specific industries include:
A. The Equator Principles.
B. The Forest Stewardship Principles.
C. The Greenhouse Gas Protocol.
D. A and B but not C.
Stakeholders have been able to form international coalitions more successfully through
use of:
A. Government regulation.
B. Community involvement.
C. Communications technology.
D. Unions.
As business becomes increasingly global:
A. It must turn to national laws for guidance.
B. Ethical issues become issues of free trade.
C. A global code of conduct will emerge for businesses.
D. Cross-cultural contradictions will increase.
Scholars found that spirituality:
A. Negatively affects employee and organizational performance.
B. Positively affects employee and organizational performance.
C. Has no affect on employee and organizational performance.
D. Only affects the employee performance of not for profit organizations.
The idea that companies have a continuing responsibility for the environmental impact
of their products or services, even after they are sold is called:
A. Life-cycle analysis.
B. Product life responsibility.
C. Extended product responsibility.
D. Extended product commitment.
During crisis management, doing the right thing should include:
A. Accepting responsibility.
B. Expressing regret.
C. Minimizing the seriousness of the problem.
D. Both A and B, but not C.
As a stakeholder, suppliers’ interests include:
A. Earning income.
B. Utilizing productive capacity efficiently.
C. Building short-term, but profitable, business relationships.
D. Both A and B, but not C.
In 2015, 2 billion people worldwide used social networking sites:
A. Once per hour.
B. Once per day.
C. Once per week.
D. Once per month.
By law, the financial records of publicly held companies are required to be:
A. Managed by an accounting department of at least five CPAs.
B. Summarized in the employee manual for new hires.
C. Reviewed quarterly by the IRS.
D. Audited by a certified professional accounting firm.
States that have adopted right-to-work laws:
A. Barred companies from forming unions to represent their employees.
B. Prevented unions from requiring all workers they represent to pay fees or dues.
C. Required the formation of unions in all manufacturing organizations.
D. Took away the rights of workers in the public sector to form unions.
Which of the following is not a driver of the Corporate Social Responsiveness phase of
Corporate Social Responsibility?
A. Religious/ethnic beliefs.
B. Social unrest/protest.
C. Stakeholder pressures.
D. Public policy/government regulations.
A financial services firm decided to assess the return on its social investment in an
educational program in local schools. As part of its assessment, it measured the
improvement in learning among students who had participated in the program,
compared with the learning of students who had not. Which of the following elements
was assessed?
A. Inputs.
B. Outputs.
C. Impacts.
D. Value creation.
Global market channels involve a firm producing goods in:
A. Their home country and exporting them to other countries.
B. Their home country to sell at home.
C. A foreign country to sell at home.
D. A foreign country to sell abroad.
The information phase of technology primarily requires:
A. Providing services.
B. Intellectual and electronic skills.
C. Manual and machine skills.
D. The same skills as needed in previous phases.
How do companies encourage their employees to volunteer their time?
A. By sponsoring specific projects.
B. By offering recognition for service.
C. By publicizing opportunities to serve.
D. All of the above.
As of 2013, which of the following accurately describe(s) the pay gap for full-time
working women and minorities in the United States, as compared to white men?
A. On average, women and persons of color earn lower pay.
B. Overall, black men earn about 75 percent more pay.
C. The pay gap has decreased by about 5 percent for both Hispanic men and women.
D. Both A and C, but not B.
Seeking to restore the firm’s reputation takes place during this effective crisis
management step:
A. Communicate quickly, but accurately.
B. Do the right thing.
C. Follow up and, where appropriate, make amends to those affected.
D. Create and document policies and procedures.