Question 1

Which step is the most critical to help improve business ethics?

Accepted Answer

A) Top management must adopt and support a corporate code of conduct. 
B) The ethics code must be enforced. 
C) An ethics office must be set up. 
D) Outsiders must be told about the ethics program. 
A) Top management must adopt and support a corporate code of conduct. 
B) The ethics code must be enforced. 
C) An ethics office must be set up. 
D) Outsiders must be told about the ethics program. B

Question 2

Management can create an environment in which unethical behaviour can develop.

Accepted Answer

A) True 
 B)False  True

Question 3

Ethical behaviour will result in all of the following except:

Accepted Answer

A) greater trust and cooperation between employees and managers. 
B) balanced,fair agreements that create benefits for all involved. 
C) negative publicity from the news media. 
D) improved self-esteem. 
A) greater trust and cooperation between employees and managers. 
B) balanced,fair agreements that create benefits for all involved. 
C) negative publicity from the news media. 
D) improved self-esteem. C

Question 4

Issues of social responsibility and ethical behaviour are:

Accepted Answer

A) the result of greed found in capitalist countries. 
B) found primarily in countries with a low standard of living. 
C) a concern only of business professors. 
D) found in many different countries. 
A) the result of greed found in capitalist countries. 
B) found primarily in countries with a low standard of living. 
C) a concern only of business professors. 
D) found in many different countries.

Question 5

Given the ethical lapses that are so prevalent today,what can be done to restore trust in the free-market and leaders in general?

Accepted Answer

Those who have broken the law need to be

Question 6

Charges of unethical business practices are common outside Canada.

Accepted Answer

A) True 
 B)False

Question 7

Determining what is involved for a firm to be socially responsible:

Accepted Answer

A) is easy. 
B) varies even among those who are interested in corporate responsibility. 
C) helps government officials develop appropriate legislation. 
D) varies from industry to industry. 
A) is easy. 
B) varies even among those who are interested in corporate responsibility. 
C) helps government officials develop appropriate legislation. 
D) varies from industry to industry.

Question 8

One factor causing businesses to vigorously enforce ethical standards is the:

Accepted Answer

A) desire to eliminate employee turnover. 
B) fear of negative publicity. 
C) focus on criminal penalties. 
D) evasion of social audit measurements. 
A) desire to eliminate employee turnover. 
B) fear of negative publicity. 
C) focus on criminal penalties. 
D) evasion of social audit measurements.

Question 9

Legal behaviour is a first step toward ethical behaviour.

Accepted Answer

A) True 
 B)False

Question 10

We are seeing more efforts made to reverse years of neglect to the environment.

Accepted Answer

A) True 
 B)False

Question 11

An ethics officer serves both as a counselor and as an investigator.

Accepted Answer

A) True 
 B)False

Question 12

Ethical behaviour refers to the standards that are accepted by society as right or wrong.

Accepted Answer

A) True 
 B)False

Question 13

When it comes to social responsibility,some people feel that "before you can do good,you must do well".This reflects a firm's primary responsibility is to their:

Accepted Answer

A) customers. 
B) investors. 
C) employees. 
D) community. 
A) customers. 
B) investors. 
C) employees. 
D) community.

Question 14

Trust between workers and managers must be based on a foundation of fairness,honesty,openness,and moral integrity.

Accepted Answer

A) True 
 B)False

Question 15

Individuals who can set a positive tone,relate well to others and communicate effectively make the most effective ethics officers.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following activities would generally not be included in the social audit of a business?

Accepted Answer

A) Support for higher education,the arts,and nonprofit groups. 
B) Employee-related activities. 
C) Comparisons of profits versus the profits of other firms. 
D) Consumer activities such as product safety,honest advertising,and fair pricing. 
A) Support for higher education,the arts,and nonprofit groups. 
B) Employee-related activities. 
C) Comparisons of profits versus the profits of other firms. 
D) Consumer activities such as product safety,honest advertising,and fair pricing.

Question 17

Both the strategic and pluralist approaches recognize the responsibility of management to optimize profits.

Accepted Answer

A) True 
 B)False

Question 18

The position a firm takes on issues that affect the corporation as well as society is known as its:

Accepted Answer

A) political philanthropy. 
B) corporate policy. 
C) target posturing. 
D) structural positioning. 
A) political philanthropy. 
B) corporate policy. 
C) target posturing. 
D) structural positioning.

Question 19

In reality,ethical behaviour depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by you losing the fight to hold down labour costs.Often,it is a win-lose relationship.

Accepted Answer

A) True 
 B)False

Question 20

Given the level of diversity within Canada,agreement on common standards of ethical behaviour is unachievable.

Accepted Answer

A) True 
 B)False

Which step is the most critical to help improve business ethics?

Management can create an environment in which unethical behaviour can develop.

Ethical behaviour will result in all of the following except:

Issues of social responsibility and ethical behaviour are:

Given the ethical lapses that are so prevalent today,what can be done to restore trust in the free-market and leaders in general?

Charges of unethical business practices are common outside Canada.

Determining what is involved for a firm to be socially responsible:

One factor causing businesses to vigorously enforce ethical standards is the:

Legal behaviour is a first step toward ethical behaviour.

We are seeing more efforts made to reverse years of neglect to the environment.

An ethics officer serves both as a counselor and as an investigator.

Ethical behaviour refers to the standards that are accepted by society as right or wrong.

When it comes to social responsibility,some people feel that "before you can do good,you must do well".This reflects a firm's primary responsibility is to their:

Trust between workers and managers must be based on a foundation of fairness,honesty,openness,and moral integrity.

Individuals who can set a positive tone,relate well to others and communicate effectively make the most effective ethics officers.

Which of the following activities would generally not be included in the social audit of a business?

Both the strategic and pluralist approaches recognize the responsibility of management to optimize profits.

The position a firm takes on issues that affect the corporation as well as society is known as its:

In reality,ethical behaviour depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by you losing the fight to hold down labour costs.Often,it is a win-lose relationship.

Given the level of diversity within Canada,agreement on common standards of ethical behaviour is unachievable.

Taking Risks and Making Profits Within the Dynamic Business Environment

How Economic Issues Affect Business

Competing in Global Markets

The Role of Government in Business

Forms of Business Ownership

Entrepreneurship and Starting a Small Business

Management and Leadership

Adapting Organizations to Todays Markets

Producing World-Class Goods and Services

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Understanding Employeemanagement Issues and Relations

Marketing: Building Customer and Stakeholder Relationships

Managing the Marketing Mix: Product, Price, Place, and Promotion

Understanding Accounting and Financial Information

Financial Management

The Financial Services Industry in Canada

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Exam 5: Ethics and Social Responsibility

Which step is the most critical to help improve business ethics?

Management can create an environment in which unethical behaviour can develop.

Ethical behaviour will result in all of the following except:

Issues of social responsibility and ethical behaviour are:

Given the ethical lapses that are so prevalent today,what can be done to restore trust in the free-market and leaders in general?

Charges of unethical business practices are common outside Canada.

Determining what is involved for a firm to be socially responsible:

One factor causing businesses to vigorously enforce ethical standards is the:

Legal behaviour is a first step toward ethical behaviour.

We are seeing more efforts made to reverse years of neglect to the environment.

An ethics officer serves both as a counselor and as an investigator.

Ethical behaviour refers to the standards that are accepted by society as right or wrong.

When it comes to social responsibility,some people feel that "before you can do good,you must do well".This reflects a firm's primary responsibility is to their:

Trust between workers and managers must be based on a foundation of fairness,honesty,openness,and moral integrity.

Individuals who can set a positive tone,relate well to others and communicate effectively make the most effective ethics officers.

Which of the following activities would generally not be included in the social audit of a business?

Both the strategic and pluralist approaches recognize the responsibility of management to optimize profits.

The position a firm takes on issues that affect the corporation as well as society is known as its:

In reality,ethical behaviour depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by you losing the fight to hold down labour costs.Often,it is a win-lose relationship.

Given the level of diversity within Canada,agreement on common standards of ethical behaviour is unachievable.

Taking Risks and Making Profits Within the Dynamic Business Environment

How Economic Issues Affect Business

Competing in Global Markets

The Role of Government in Business

Forms of Business Ownership

Entrepreneurship and Starting a Small Business

Management and Leadership

Adapting Organizations to Todays Markets

Producing World-Class Goods and Services

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Understanding Employeemanagement Issues and Relations

Marketing: Building Customer and Stakeholder Relationships

Managing the Marketing Mix: Product, Price, Place, and Promotion

Understanding Accounting and Financial Information

Financial Management

The Financial Services Industry in Canada

Filters