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True/False Quiz for Chapter 12. Indicate whether each of the following is True or False.
1) All chemicals legal in one country are legal in every other country.
2) Leaded gasoline is banned in the United States.
3) Customs regarding gifts to government officials are the same worldwide.
4) Business ethics depends heavily for its context on the structures in which business operates.
5) Business ethics, as an area of study, had its birth in industrial Great Britain.
6) Russians tend to distinguish “business” from the running of factories and other large
enterprises.
7) There is no action that is wrong in every system of background institutions.
8) According to cultural relativism, no culture’s ethics are better than any other’s.
9) There are no fundamental values that cross cultures.
10) Companies have no ethical obligation to help managers distinguish between practices that
are merely different and those that are wrong.
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Multiple Choice Quiz for Chapter 13.
1) Marketing __________.
A) is exaggerating the benefits of a product you have for sale
B) is a method of screening customers
C) reflects charges for credit
D) includes, but is not limited to, advertising
2) Fingerhut sold products for more than its competition ___________.
A) because it offered high-risk credit
B) because it simply was lucky in business
C) because it sold only unique products
D) because it “free” included insured shipping door-to-door
3) Pricing theory holds that the contextual frame of a purchase decision __________.
A) is not relevant
B) affects the perceived fairness of price
C) has a major effect on the level of satisfaction with the product
D) alters the time frame of payments
4) Fingerhut was accused of __________.
A) larceny
B) delivering shoddy merchandise
C) preying on low-income people
D) bait and switch
5) Fingerhut was not accused of _________.
A) usury
B) deceptive or misleading advertising
C) personalization
D) exploiting less-sophisticated customers
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6) Alternatives to traditional credit do not include __________.
A) secured Mastercards
B) a loan from your bank
C) pawnshops
D) rent-to-own plans
7) Roger Crisp believes that advertising is morally wrong if ___________.
A) it is shown on TV when children are watching
B) it concerns potentially lifesaving therapies
C) it provides vital product information
D) it overrides the autonomy of consumers
8) Crisp believes that advertising has the potential to __________.
A) create desire
B) solve dilemmas
C) control society
D) cause violence
9) Crisp believes which of the following is a primary value?
A) Autonomy
B) Belief
C) Creativity
D) Desire
10) Subliminal advertising includes __________.
A) openness
B) subconscious influence
C) hypnosis
D) data mining
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True/False Quiz for Chapter 13. Indicate whether each of the following is True or False.
1) Fingerhut typically sells products for less than Wal-Mart.
2) “Time-price” is an exception to usury laws.
3) Fingerhut targets upper income consumers.
4) Fingerhut includes installment payment pricing as a sales option.
5) Usury in the charging of interest on a consumer transaction.
6) Unconscious desires cannot influence a person’s actions.
10) The possibility of a freely made decision is necessary to the concept of autonomy.
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Multiple Choice Quiz for Chapter 14
1) Oil pipelines are __________.
A) always an environmental disaster
B) result in oversupply of oil
C) used for natural gas along with oil
D) sometimes necessary
2) Chad and Cameroon are __________.
A) fictional countries in our case study
B) Asian nations
C) African nations
D) South American nations
3) The World Bank ___________.
A) was founded to help traditionally poor nations
B) has never been the subject of scandal
C) was founded to rebuild Europe after war
D) lends money to every country in the world
4) Thomas Malthus was an economist best known for:
A) his unbridled optimism
B) monetary theory
C) social reform
D) his pessimism about the future
5) Agricultural labor force corresponds to standard of living:
A) Not at all
B) Exactly
C) Directly
D) Inversely
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6) Raw materials have not yet run out due to __________.
A) continuing discovery
B) conservation
C) recycling
D) lack of use
7) A rise in price generally indicates __________.
A) scarcity
B) abundance
C) indifference
D) gouging
8) Steven Kelman believes cost-benefit analysis should be applied to:
A) The environment
B) Safety
C) Health regulation
D) All of the above
9) Cost-benefit calculations require __________.
A) ethical benefits
B) a common measure
C) a supercomputer
D) trade in all things being measured
10) William McDonough describes our use of resources without regard to effect on future
generations as __________.
A) self-reliance
B) intergenerational remote tyranny
C) belief in later generational superiority
D) a natural right
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True/False Quiz for Chapter 14. Indicate whether each of the following is True or False.
1) The environment has to be everyone’s top concern at all times.
2) Chad is a rich country.
3) ExxonMobil has an environmental policy.
4) Length of human life has dramatically increased since 1700.
5) Although there may be less farmland now, existing farmland is more productive than ever
before.
6) Political and economic freedom lead to the expansion of resource availability.
7) Steven Kelman believes that in areas of health regulations there may be instances where a
decision might be right even though its benefits do not outweigh its costs.
8) We must stop using all resources and save everything for future generations.
9) Thomas Jefferson believed in natural rights.
10) “To sustain” and “to restore” mean the same thing.
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Multiple Choice Quiz for Chapter 15.
1) Most inexpensive textiles sold in the U.S. are manufactured ___________.
A) in union shops
B) by K-Pan
C) abroad
D) in southern states
2) “The Market at the bottom of the pyramid” is a phrase that refers to the concept that
__________.
A) poor people greatly outnumber the rich and buy more overall
B) rich people can spend so much in a single purchase that they are to be courted
C) selling things in the Egyptian desert
D) U.S. Federal Reserve policy
3) An example of a bottom of the market product is:
A) Bulk toilet paper at a warehouse club
B) One liter bottle of generic hand soap
C) A food stamp
D) Single use packet of Pantene shampoo
4) Which is not a principle of creating the capacity to consume?
A) Abundance
B) Affordability
C) Access
D) Availability
5) Which is not generally a characteristic of a sweatshop?
A) Overtime pay
B) Piecework schedules
C) Crowded workspace
D) Low wages
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6) Which company has not been accused of using sweatshop labor to profit?
A) Nike
B) Gap
C) Wal-Mart
D) None of these
7) An emotive word or description is one that ___________.
A) has no connotation attached
B) conveys emotional content
C) carries only intellectual information
D) is clearly ambiguous
8) Living wage implies ___________.
A) the wage level set by law
B) a wage level that will allow one to own land
C) the minimum wage
D) a wage level which a person can have a dignified lifestyle
9) Immiseration implies __________.
A) impoverishment of workers
B) good wages for all
C) work in exchange for a just wage
D) third world hiring practices
10) “Bottom of the pyramid” refers to __________.
A) more at the bottom than the top
B) having a strong foundation
C) large supporting structures of any type
D) Egyptian architecture
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True/False Quiz for Chapter 15. Indicate whether each of the following is True or False.
1) Wages are largely the same throughout the world.
2) The price of raw materials varies throughout the world.
3) Sweatshops generally have long hours and low pay.
4) There is no market at the bottom of the pyramid.
5) The most people live “at the middle of the pyramid.”
6) The people at the bottom of the pyramid generally live on less than $2 a day.
7) Choices and self-esteem lead to opportunity.
8) India has almost no people who can be considered “very poor” on a global economic scale.
9) Poverty premium means things may actually cost more in poor areas.
10) The poor adapt as well to technology as any other group having similar access to the given
technology.