By prohibiting accounting firms from providing both auditing and consulting services
to the same corporate clients without permission, the Sarbanes-Oxley Act is attempting
to eliminate
a. conflicts of interest.
b. cronyism.
c. reporting transparency.
d. corporate espionage.
e. dual reporting.
In the United States,_______provides only 7% of total output but provide19% of total e
lectricity production worldwide, making it the largest form of renewable energy.
a. wind power
b. geothermal power
c. hydroelectric power
d. solar power
e. nuclear power
When we discuss________approaches, we are talking about how organizational
decision makers shouldapproach an issue.
a. Normative
b. Individual
c. Descriptive
d. Organizational
e. Values-based
A stakeholder orientation can be viewed as a(n)
a. necessity for business success.
b. continuum.
c. polarizing concept.
d. good marketing ploy.
e. expensive proposition.
In Kohlberg’s model, the stage of mutual interpersonal expectations, relationships, and
conformity (Stage 3) differs from the stage of individual instrumental purpose and
exchange (Stage 2) in terms of the individual’s motives in
a. considering fairness to others.
b. maintaining the social order.
c. considering duty to society.
d. upholding the basic values of society.
e. maintaining obedience to authority.
A firm that makes use of a
recognizes other stakeholders beyond investors, employees, and suppliers, and explicitl
y acknowledges the two-way dialog that exists between a firm’s internal and external
environments.
a. stakeholder model of corporate governance
b. stakeholder bias
c. code of ethics
d. stakeholder interaction model e. corporate interface model
An individual who emphasizes others rather than himself or herself in making decisions
is in which of the following of
Kohlberg’s stages of development?
a. Universal ethical principles (6thstage)
b. Mutual interpersonal expectations, relationships, and conformity (3rdstage)
c. Social system and conscience maintenance (4thstage)
d. Punishment and obedience (1tstage)
e. Prior rights, social contract, or utility (5thstage)
Which of the following is an advantage of a values-based ethics program over a
compliance-based one?
a. Employees learn to make decisions based on values such as fairness, compassion,
respect, and transparency.
b. Diverse employees have differing values.
c. It requires employees to identify with and commit to specific required conduct.
d. A values orientation uses legal terms, statutes, and contracts that teach employees the
rules and penalties for noncompliance.
e. Values and compliance programs both take basically the same approach.
justice is based on the evaluation of outcomes or results of the business relationship. a.
Procedural b. Interactional c. Distributive d. Ethical e. Egotistical
What are the four levels of social responsibility?
a. Financial, religious, ethical, and philanthropic
b. Ethical, philanthropic, selfish, and short-sighted
c. Economic, long-term, ethical, and philanthropic.
d. Legal, economic, ethical, and philanthropic
e. Economic, compliance, legal, and philanthropic
Which of the following is nota provision of the Dodd-Frank Wall Street Reform and
Consumer Protection Act?
a. Increases the accountability and transparency of financial institutions
b. Creates a bureau to educate consumers in financial literacy
c. Creates an organization to pay the bills of low-income consumers
d. Create incentives for whistle-blowers to come forward
e. Increases oversight of the financial industry
Which of the following leadership types has a strong influence on coworker support and
building an ethical culture through increasing employee commitment and fostering
motivation?
a. Transformational leaders
b. Transactional leaders
c. Coercive leaders
d. Pacesetting leaders
e. Authoritative leaders
Risk compartmentalization occurs when
a. companies place their most problematic employees into separate profit centers so that
they cannot influence one another to act unethically.
b. all profit centers within a corporation are aware of the code of ethics.
c. all profit centers within an organization become aware of the consequences of
competitors’ actions.
d. various profit centers within an organization become unaware of the consequences of
their actions on the firm as a whole.
e. ethics and compliance programs reduce the risk of misconduct.
The six principles of the Defense Industry Initiative on Business Ethics and Conduct
became the foundation for
a. Better Business Bureau ethical guidelines.
b. the Federal Sentencing Guidelines for Organizations.
c. the Ethical Trading Initiative.
d. the Federal Trade Commission compliance requirements.
e. the Sarbanes-Oxley Act.
13.Congress passed the__________to empower the EPA with the ability to track the 75,
000 industrial chemicals currently produced or imported into the United States.
a. Federal Water Pollution Control Act
b. Federal Insecticide, Fungicide and Rodenticide Act
c. Safe Drinking Water Act
d. Toxic Substances Control Act
e. Food Quality Protection Act
Which of the following statements is mostcorrect?
a. Affirmative action programs require quotas to govern employment decisions.
b. Affirmative action programs have eliminated discrimination in employment.
c. Affirmative action programs are required in all organizations by law.
d. Affirmative action programs involve efforts to recruit, hire, train, and promote
qualified individuals from groups that have traditionally been discriminated against on
the basis of race, gender, or other characteristics.
e. Affirmative action programs involve efforts to avoid recruiting, hiring, training, and
promoting qualified individuals from groups that have traditionally been discriminated
against on the basis of race, gender, or other characteristics.
Moral philosophy refers to
a. a subject that most businesspeople do not consider very important.
b. the morality of business activities.
c. the principles or rules that people use to decide what is right and wrong.
d. the legality of business activities.
e. the principles or rules that policymakers use to create legislation.