Question 1

Which of the following rights assures consumers that their interests will receive full and sympathetic consideration when the government formulates policy?

Accepted Answer

A)  Right to choose
B)  Right to safety
C)  Right to be informed
D)  Right to be heard
E)  Right to privacyF) None of the above
G) A) and E)

Question 2

Which of the following is a major concern of any firm trying to increase profits?

Accepted Answer

A)  Lack of employee commitment
B)  Low attrition rate
C)  Low turnover rate
D)  High return on investment
E)  High employee retentionF) A) and B)
G) None of the above

Question 3

_____ involves the interaction among nature and individuals,organizations,and business strategies and includes the assessment and improvement of business strategies,economic sectors,work practices,technologies,and lifestyles,so that they maintain the health of the natural environment.

Accepted Answer

A)  Philanthropy
B)  Consumerism
C)  Sustainability
D)  Biodiversity
E)  DualismF) A) and B)
G) B) and C)

Question 4

In the realm of business ethics,making claims about dietary supplements or the health benefits of certain unproven ingredients is an issue related to:

Accepted Answer

A)  conflict of interest.
B)  communications.
C)  product design.
D)  business relationships.
E)  financing.F) B) and E)
G) A) and E)

Question 5

Which of the following is a dimension of social responsibility?

Accepted Answer

A)  Political
B)  Philosophical
C)  Mechanical
D)  Rational
E)  EthicalF) All of the above
G) A) and B)

Question 6

Being a "good corporate citizen" is an example of the _____ dimension of social responsibility.

Accepted Answer

A)  puritanical
B)  economic
C)  legal
D)  ethical
E)  voluntaryF) C) and D)
G) B) and D)

Question 7

The Sarbanes-Oxley Act was passed to:

Accepted Answer

A)  punish those who committed accounting fraud in the late 1990s.
B)  improve corporate profits.
C)  help laid-off employees get their jobs back.
D)  help investors recoup their losses.
E)  help restore confidence in corporate America.F) C) and E)
G) All of the above

Question 8

Identify an argument that supports social responsibility.

Accepted Answer

A)  Some people question whether business has the expertise needed to assess and make decisions about social problems.
B)  Instances of whistleblowing causes significant damage to employees.
C)  As members of society,businesses should do their fair share to help others.
D)  Participation in social programs gives businesses greater power,perhaps at the expense of particular segments of society.
E)  Social responsibility sidetracks managers from earning profits.F) C) and E)
G) A) and D)

Question 9

All business decisions cannot be judged as right or wrong,ethical or unethical.

Accepted Answer

A) True 
 B)False

Question 10

A set of formalized rules and standards that describes what a company expects of its employees is called a(n) ____.

Accepted Answer

A)  contractual capacity
B)  consumerist code
C)  moral philosophy
D)  social responsibility
E)  code of ethicsF) C) and E)
G) A) and B)

Question 11

Which of the following involves the activities and organizational processes adopted by businesses to meet their social responsibilities?

Accepted Answer

A)  Carbon neutrality
B)  Corporate citizenship
C)  Hierarchical clustering
D)  Social dominance
E)  Multilevel regressionF) C) and E)
G) C) and D)

Question 12

Which of the following is true of professional codes of ethics?

Accepted Answer

A)  They are informal rules of ethics followed by employees.
B)  They do not have to provide any guidelines and principles.
C)  They do not have to be too detailed.
D)  They should only be developed by the board of directors of a firm.
E)  They should take into account every ethical situation possible.F) B) and D)
G) C) and D)

Question 13

_____ emerged as a major issue in the 20th century in the face of increasing evidence that pollution,uncontrolled use of natural resources,and population growth were putting increasing pressure on the long-term sustainability of these resources.

Accepted Answer

A)  Ethnic cleansing
B)  Environmental protection
C)  Genocide
D)  Homicide
E)  WhistleblowingF) C) and D)
G) B) and C)

Question 14

Avoiding misconduct and doing what is right,just,and fair relates to a business's:

Accepted Answer

A)  economic responsibility.
B)  corporate citizenship.
C)  legal responsibility.
D)  ethical responsibility.
E)  responsibility toward the government.F) A) and B)
G) D) and E)

Question 15

The warning on cigarette packages about the health implications of smoking is an example of:

Accepted Answer

A)  conflict of interest.
B)  fairness and honesty.
C)  communications.
D)  relationships within a business.
E)  environmental issues.F) None of the above
G) All of the above

Question 16

A large number of _____ cases result in retaliation against the employee,even though the government has tried to take steps to protect workers and to encourage reporting of misconduct.

Accepted Answer

A)  executive
B)  civil
C)  whistleblowing
D)  petty theft
E)  federalF) B) and C)
G) A) and E)

Question 17

Which of the following is true of bullying?

Accepted Answer

A)  Bullying is not a widespread problem in the United States.
B)  Bullying can occur between companies that are intense competitors.
C)  21 percent of workplace bullies are supervisors.
D)  Bullying cannot occur in all types of businesses.
E)  To avoid bullying,employees must be able to consider their personal financial interests and their business dealings as one unit.F) All of the above
G) A) and D)

Question 18

Open discussion of ethical issues:

Accepted Answer

A)  does not promote trust in an organization.
B)  does not eliminate ethical problems.
C)  leads to more unethical practices.
D)  eliminates the process of resolving an issue.
E)  leads to a gridlock of a situation.F) C) and D)
G) None of the above

Question 19

An ethical issue is an identifiable problem,situation,or opportunity that requires a person or organization to choose from among several actions that may be evaluated as ethical or unethical.

Accepted Answer

A) True 
 B)False

Question 20

Codes of ethics foster ethical behavior by:

Accepted Answer

A)  highlighting the religious implications of behaving in an unethical manner.
B)  limiting the opportunity to behave unethically by providing punishments for violations of the rules and standards.
C)  making the employees understand that they should use their own judgment to determine if an action is ethical.
D)  pointing out to the employees that ethical behaviors are subjective and are dependent on social perceptions.
E)  encouraging employees to be more competitive and profit-oriented.F) B) and C)
G) B) and E)

Exam 2: Business Ethics and Social Responsibility

_____ emerged as a major issue in the 20th century in the face of increasing evidence that pollution,uncontrolled use of natural resources,and population growth were putting increasing pressure on the long-term sustainability of these resources.

Correct AnswerverifiedShow Answer

In the realm of business ethics,making claims about dietary supplements or the health benefits of certain unproven ingredients is an issue related to:

Correct AnswerverifiedShow Answer

Being a "good corporate citizen" is an example of the _____ dimension of social responsibility.

Correct AnswerverifiedShow Answer

Which of the following is a major concern of any firm trying to increase profits?

Correct AnswerverifiedShow Answer

_____ involves the interaction among nature and individuals,organizations,and business strategies and includes the assessment and improvement of business strategies,economic sectors,work practices,technologies,and lifestyles,so that they maintain the health of the natural environment.

Correct AnswerverifiedShow Answer

An ethical issue is an identifiable problem,situation,or opportunity that requires a person or organization to choose from among several actions that may be evaluated as ethical or unethical.

Correct AnswerverifiedShow Answer

Codes of ethics foster ethical behavior by:

Correct AnswerverifiedShow Answer

The warning on cigarette packages about the health implications of smoking is an example of:

Correct AnswerverifiedShow Answer

A set of formalized rules and standards that describes what a company expects of its employees is called a(n) ____.

Correct AnswerverifiedShow Answer

All business decisions cannot be judged as right or wrong,ethical or unethical.

Correct AnswerverifiedShow Answer

Which of the following is true of professional codes of ethics?

Correct AnswerverifiedShow Answer

Which of the following rights assures consumers that their interests will receive full and sympathetic consideration when the government formulates policy?

Correct AnswerverifiedShow Answer

A large number of _____ cases result in retaliation against the employee,even though the government has tried to take steps to protect workers and to encourage reporting of misconduct.

Correct AnswerverifiedShow Answer

Which of the following is true of bullying?

Correct AnswerverifiedShow Answer

Identify an argument that supports social responsibility.

Correct AnswerverifiedShow Answer

Which of the following involves the activities and organizational processes adopted by businesses to meet their social responsibilities?

Correct AnswerverifiedShow Answer

Avoiding misconduct and doing what is right,just,and fair relates to a business's:

Correct AnswerverifiedShow Answer

Open discussion of ethical issues:

Correct AnswerverifiedShow Answer

The Sarbanes-Oxley Act was passed to:

Correct AnswerverifiedShow Answer

Which of the following is a dimension of social responsibility?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified