In recent years, the use of drug testing in the workplace has increased as drugs have
become more available.
According to Figure 16-5, the country with the highest percentage of women holding
board member positions is the United States.
A corporation’s shareholders have a right to inspect the company’s books for any reason.
The ratio of average executive to average worker pay tends to increase during
recessions and fall during periods of economic expansion.
The most iconic brands foster intellectual attachments that expand the firm’s market
power.
Nonmarket stakeholders are those that engage in economic transactions with the
company as it carries out its primary purpose of providing society with goods and
services.
Corporate power says that in the long run, those who do not use power in ways that
society considers responsible will tend to lose it.
One potential cost of environmental regulation is reduced capital investment.
Offshore wind turbines, genetic engineering and energy-efficient homes are examples
of smart consumption.
Effective environmental management requires an integrated approach that involves all
parts of the business organization.
Many authoritarian governments have expanded Internet censorship in recent years.
Because the public issues that garner the most public attention change over time,
companies do not waste time tracking them.
The Children’s Online Privacy Protection Act limits the collection of information online
from and about children under the age of 13.
The primary reason that hackers hack is to make money.
The Safe Drinking Water Act of 1974 requires permits for most point sources of
pollution, such as industrial emissions.
At the beginning of the 20th century, no country in the world had universal suffrage.
Policies and practices that leverage a variety of perspectives, life experiences, and
approaches that every individual brings to the workplace, are referred to as diversity.
The main purpose of inversion is to reduce corporate income tax obligations.
Business cannot expect to be profitable while adhering to ethical principles of conduct.
One reason for business efforts to reform product liability laws is the increasing cost of
insuring against liability suits.
Critics of globalization support the spread of American ideals and culture throughout
the rest of the world.
Nations have tended to move sequentially through each phase of technology, beginning
with the lowest technology and moving higher with each step.
Biodiversity refers to the number and variety of species that have become extinct.
Researchers for McKinsey & Company along with the World Economic Forum found
that many firms struggled to manage the issues of cybercrime.
Social capital refers to the norms and networks that enable collective action.
Ethics are primarily based on religious beliefs.
Sometimes national leaders resist the notion of international regulation, seeking to
control matters of commerce themselves within their own countries.
Sometimes businesspeople leave the private sector to take employment in government
before returning to the corporate world.
The importing of foreign goods by U.S. firms is called foreign direct investment.
Global corporate citizenship refers to putting an organization’s commitment to social
and environmental responsibility into practice locally.
The Department of Agriculture has authority over vitamins and some chemicals that
may affect consumers.
Being socially responsible means that a company must abandon its other missions.
Strategic philanthropy emphasizes the links between corporate contributions and
business goals, such as creating demand for a product or service.
Regulation cannot be applied to international business behavior.
The U.S. Constitution protects the right to free speechwhich means only the
government can take away this right.
The current phase of technology is the service society.
Consumer groups have generally opposed the idea of product liability reform using
which of the following arguments?
A. Punitive damages should be limited.
B. Strict liability should be retained.
C. The burden of proof should be shifted to consumers.
D. Losers should be made to pay some of the other side’s legal bills.
The corporate reputation of distinction must be built:
A. Over time.
B. During the firm’s startup period.
C. Only after a major product release.
D. Only after a corporate crisis.
Firms in the chemical industry, which must contend with frequently changing
environmental regulations and the risk of dangerous accidents, usually have:
A. No defined political strategy.
B. A sophisticated political strategy.
C. A political strategy focused on intellectual property rights.
D. A political strategy focused on licensing rights.
In a study of CIOs from around the world, McKinsey & Company found that most
CIOs reported to their:
A. Chief executive officer.
B. Chief financial officer.
C. Chief operating officer.
D. Managing supervisor.
Since 2000, most changes to federal regulatory oversight of environmental protection
have been due to:
A. Supreme Court rulings.
B. Agency rulemaking.
C. Executive action.
D. Both B and C, but not A.
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.
Which of the following statements are not true about the right to a safe and healthy
workplace?
A. Over recent years no new categories of accidents or illnesses have emerged.
B. Extensive training and careful precautions are necessary to avoid accidents, injuries,
and illness.
C. Many jobs are potentially hazardous to workers’ safety and health.
D. Some occupations, such as drilling and mining, are particularly dangerous.
According to Barlow v. A.P. Smith Manufacturing:
A. The laws prohibited charitable contributions, at that time.
B. Charitable contributions were bad corporate investments for the short term.
C. Socially responsible actions must be approved by a majority of the firm’s
stakeholders.
D. Socially responsible actions are an investment in the future, thus an allowable
expense.
The information strategy tool most used by business is:
A. Political contributions.
B. Lobbying.
C. Legal challenges.
D. Direct communication.
According to the new social contract:
A. The employer is obligated to provide long-term job security.
B. Companies try to attract workers by giving them interesting and challenging work.
C. Job security is based on seniority, but salaries may be lowered for poor performance.
D. The employer is without any responsibilities toward employees.
The issues management process is a:
A. Beneficial tool used only to maximize the positive effects of a public issue for the
organization’s advantage.
B. Beneficial tool used only to minimize the negative effects of a public issue for the
organization’s advantage.
C. Systematic process companies use when responding to public issues that are of
greatest importance to the business.
D. Confusing process that is rarely used to help top management within an
organization.
A rule of media communication is to:
A. Be honest.
B. Be current.
C. Be accessible.
D. All of the above.
What media technique is used to promote the general perception of a product or service,
rather than promoting its functional attributes?
A. User-generated content.
B. Issue advertisements.
C. Public service announcements.
D. Image advertisements.
A company that builds stakeholder coalitions to influence government is using which
strategy?
A. Informational.
B. Financial-incentives.
C. Constituency-building.
D. Friendly forces.
When the benefits of an action outweigh its costs, the action is considered ethically
preferred according to:
A. Utilitarian reasoning.
B. Virtue ethics.
C. Theological reasoning.
D. Plato and Aristotle.
When lead firms work with suppliers they can create shared value such as:
A. Higher income for the supplier.
B. Higher quality products for customers.
C. A more stable supply of products.
D. All of the above.
The core idea(s) of sustainable development is(are):
A. Economic development must be accomplished sustainably.
B. Poverty is an underlying cause of environmental degradation.
C. Affluence is an underlying cause of environmental degradation.
D. Both A and B, but not C.
In recent annual Harris polls, which entity did Americans believe had the greatest
amount of political power?
A. Small businesses.
B. Large businesses.
C. Political action committees.
D. Lobbyists.
Online shoppers always run the risk that:
A. They might have to pay state and local taxes on goods purchased.
B. Their favorite Web sites provide a large variety of products and services.
C. The government might become overly involved in protecting consumer privacy.
D. Information they reveal in the course of a sales transaction might be misused.
Public issues are also sometimes referred to as:
A. Social issues.
B. Sociopolitical issues.
C. Both A and B.
D. None of the above.
Which of the following statements is not true about the population?
A. Over the next century, population growth is expected to be greatest in developed
nations.
B. For many thousands of years, population growth was gradual.
C. Industrial production would have to quintuple over the next 40 years in order to
maintain the same living standard that people have now, given expected population
growth.
D. Just 10,000 years ago, the earth was home to no more than 10 million humans,
scattered in small settlements.
Which condition below accurately describes a “web-junkie”?
A. Plays video games for hours on end without a break.
B. Views the real-world more realistically.
C. Learns faster overall.
D. Creates “mega-moments”.
Public policies and government regulations are shaped by:
A. Business.
B. Special interest groups.
C. Government.
D. All of the above.
Companies that cultivate a vision of sustainability must adopt sophisticated strategic
planning techniques to:
A. Increase the competitive advantage of other global organizations.
B. Detect the limited number of internal factors that influence the employee
performance reviews.
C. Allow their top manager to assess the full range of the firm’s effects on the
environment.
D. Increase the number of government regulations that are passed to reduce pollution.
The use of robotics in the workplace has increased recently because:
A. The cost of robots has decreased.
B. Robots are more reliable than people.
C. New collaborative machines have been invented.
D. All of the above.
When a firm solicits its stockholders for political contributions for a particular
candidate by letter and then sends those contributions to the candidate on behalf of its
stockholders, it is called:
A. Lobbying.
B. Bundling.
C. Collating.
D. Constituency building.
In the nomadic-agrarian phase of technology in society, people:
A. Hunted wild animals for meat.
B. Gathered wild plants for food.
C. Provided services.
D. Both A and B, but not C.
Which of the following is not a distinct period in corporate involvement in education
reform from the 1980s to the present?
A. Direct involvement with specific schools.
B. Public policy initiatives in education.
C. Collaboration for systemic reform.
D. Total quality management of the education system.
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.
Contemporary issue management:
A. Is a linear process.
B. Was useful in the 1970s, but not today.
C. Is used by all government agencies.
D. Is an interactive, forward thinking process.
Which organization(s) have taken the lead in revitalizing neighborhoods?
A. Construction companies.
B. Life insurance firms.
C. Health insurance companies.
D. Both B and C, but not A.
Define and discuss the six stages of moral development. What is the ethics referent at
each stage? What is the basis of ethics reasoning at each stage?
Answer:
Answers may vary.
Define bribery. Explain why certain countries are less likely to participate in such acts.
Answer:Answers may vary.
In your opinion, do U.S. product liability laws need to be changed? If so, how? If not,
why not?
Explain the theory of competitive advantage.
Answer:Answers may vary.
What is a transnational corporation? How do these corporations operate in the global
marketplace?
Answer:
Answers may vary.
Do you think U.S. executives are compensated too highly? Why or why not?
Answer:
Answers may vary.