Question 1

Within an organization, who is responsible for providing ethics leadership?

Accepted Answer

Primary responsibility for ensuring ethical behavior rests with a firm's strategists. However, an integral part of the responsibility of all managers is to provide ethics leadership by constant example and demonstration. Managers hold positions that enable them to influence and educate many people. This makes managers responsible for developing and implementing ethical decision making.

Question 2

There are no countries that favor or engage in commercial whaling today.

Accepted Answer

A) True 
 B)False  False

Question 3

List the strategic options available to businesses with respect to the environment.

Accepted Answer

Students should list the following strategies 1) Develop or acquire green businesses; 2) Divest or alter environment-damaging businesses; 3) Become a low-cost producer through waste minimization and energy conservation; 4) Pursue a differentiation strategy through green-product features; 5) Include an environmental representative on the board of directors; 6) Conduct regular environmental audits; 7) Implement bonuses for favorable environmental results; 8) Become involved in environmental issues and programs; 9) Incorporate environmental values in mission statements; 10) Establish environmentally oriented objectives; 11) Acquire environmental skills; 12) Provide environmental training programs for company employees and managers.

Question 4

All of the following are mentioned by the authors as environmental strategies that a firm might adopt EXCEPT

Accepted Answer

A)  reinvesting in environment-damaging businesses. 
B)  including an environmental representative on their board of directors. 
C)  implementing bonuses for favorable environmental results. 
D)  incorporating environmental values in mission statements. 
E)  conducting regular environmental audits. 
A)  reinvesting in environment-damaging businesses. 
B)  including an environmental representative on their board of directors. 
C)  implementing bonuses for favorable environmental results. 
D)  incorporating environmental values in mission statements. 
E)  conducting regular environmental audits.

Question 5

Business ethics, ________, and sustainability issues are interrelated and impact all areas of the comprehensive strategic-management model.

Accepted Answer

A)  social responsibility 
B)  social networking 
C)  fiscal irresponsibility 
D)  cultural indifference 
E)  market relations 
A)  social responsibility 
B)  social networking 
C)  fiscal irresponsibility 
D)  cultural indifference 
E)  market relations

Question 6

Fiscal responsibility refers to a firm's obligation to care for its employees, customers, communities, and society in which it operates.

Accepted Answer

A) True 
 B)False

Question 7

In order to be considered bribery, the gift offered must be either money or a physical item.

Accepted Answer

A) True 
 B)False

Question 8

Which of the following business actions is considered to be unethical?

Accepted Answer

A)  Having satisfactory product or service safety 
B)  Selling products in foreign markets 
C)  Providing equal opportunities for women and minorities 
D)  Filing expense accounts 
E)  Misleading labeling 
A)  Having satisfactory product or service safety 
B)  Selling products in foreign markets 
C)  Providing equal opportunities for women and minorities 
D)  Filing expense accounts 
E)  Misleading labeling

Question 9

Whistle blowers in the corporate world receive up to ________ percent of the proceeds of legal proceedings against firms for wrongdoing.

Accepted Answer

A)  10 
B)  20 
C)  25 
D)  40 
E)  15 
A)  10 
B)  20 
C)  25 
D)  40 
E)  15

Question 10

Discuss how business ethics, social responsibility, and sustainability are interrelated.

Accepted Answer

Business ethics, social responsibility,

Question 11

A bribe is a gift bestowed to influence a recipient's conduct.

Accepted Answer

A) True 
 B)False

Question 12

All of the following are reasons that workplace romance can be detrimental to workplace morale and productivity EXCEPT

Accepted Answer

A)  favoritism complaints can arise. 
B)  personal arguments can lead to work arguments. 
C)  whispering secrets can lead to tensions and hostilities among coworkers. 
D)  increased quality and quantity of work can occur. 
E)  sexual harassment charges may ensue, either by the involved female or a third party. 
A)  favoritism complaints can arise. 
B)  personal arguments can lead to work arguments. 
C)  whispering secrets can lead to tensions and hostilities among coworkers. 
D)  increased quality and quantity of work can occur. 
E)  sexual harassment charges may ensue, either by the involved female or a third party.

Question 13

Because of its importance, the United States gets multiple memberships in the ISO.

Accepted Answer

A) True 
 B)False

Question 14

The ISO is based in Geneva, Switzerland.

Accepted Answer

A) True 
 B)False

Question 15

Many New Zealanders, supported by Japanese, are outraged about Australia's "large-scale" whaling operations in Antarctic.

Accepted Answer

A) True 
 B)False

Question 16

More and more firms believe that ethics training and an ethics culture create strategic advantage.

Accepted Answer

A) True 
 B)False

Question 17

Monitoring departmental and corporate performance regarding ethical issues can cause firms to misalign ethical and strategic decision making.

Accepted Answer

A) True 
 B)False

Question 18

Some strategists agree with Ralph Nader, who asserts that organizations have no obligation to do any more for society than is legally required.

Accepted Answer

A) True 
 B)False

Question 19

Social responsibility refers to actions an organization takes that are legally required to protect or enhance the well-being of living things.

Accepted Answer

A) True 
 B)False

Question 20

ISO standards are voluntary because the organization itself does not regulate or legislate.

Accepted Answer

A) True 
 B)False

Within an organization, who is responsible for providing ethics leadership?

There are no countries that favor or engage in commercial whaling today.

List the strategic options available to businesses with respect to the environment.

All of the following are mentioned by the authors as environmental strategies that a firm might adopt EXCEPT

Business ethics, ________, and sustainability issues are interrelated and impact all areas of the comprehensive strategic-management model.

Fiscal responsibility refers to a firm's obligation to care for its employees, customers, communities, and society in which it operates.

In order to be considered bribery, the gift offered must be either money or a physical item.

Which of the following business actions is considered to be unethical?

Whistle blowers in the corporate world receive up to ________ percent of the proceeds of legal proceedings against firms for wrongdoing.

Discuss how business ethics, social responsibility, and sustainability are interrelated.

A bribe is a gift bestowed to influence a recipient's conduct.

All of the following are reasons that workplace romance can be detrimental to workplace morale and productivity EXCEPT

Because of its importance, the United States gets multiple memberships in the ISO.

The ISO is based in Geneva, Switzerland.

Many New Zealanders, supported by Japanese, are outraged about Australia's "large-scale" whaling operations in Antarctic.

More and more firms believe that ethics training and an ethics culture create strategic advantage.

Monitoring departmental and corporate performance regarding ethical issues can cause firms to misalign ethical and strategic decision making.

Some strategists agree with Ralph Nader, who asserts that organizations have no obligation to do any more for society than is legally required.

Social responsibility refers to actions an organization takes that are legally required to protect or enhance the well-being of living things.

ISO standards are voluntary because the organization itself does not regulate or legislate.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Marketing Issues

Implementing Strategies: Finance and Accounting Issues

Strategy Evaluation and Governance

Global and International Issues

Filters

Exam 10: Business Ethics, Environmental Sustainability, and Social Responsibility

Within an organization, who is responsible for providing ethics leadership?

There are no countries that favor or engage in commercial whaling today.

List the strategic options available to businesses with respect to the environment.

All of the following are mentioned by the authors as environmental strategies that a firm might adopt EXCEPT

Business ethics, ________, and sustainability issues are interrelated and impact all areas of the comprehensive strategic-management model.

Fiscal responsibility refers to a firm's obligation to care for its employees, customers, communities, and society in which it operates.

In order to be considered bribery, the gift offered must be either money or a physical item.

Which of the following business actions is considered to be unethical?

Whistle blowers in the corporate world receive up to ________ percent of the proceeds of legal proceedings against firms for wrongdoing.

Discuss how business ethics, social responsibility, and sustainability are interrelated.

A bribe is a gift bestowed to influence a recipient's conduct.

All of the following are reasons that workplace romance can be detrimental to workplace morale and productivity EXCEPT

Because of its importance, the United States gets multiple memberships in the ISO.

The ISO is based in Geneva, Switzerland.

Many New Zealanders, supported by Japanese, are outraged about Australia's "large-scale" whaling operations in Antarctic.

More and more firms believe that ethics training and an ethics culture create strategic advantage.

Monitoring departmental and corporate performance regarding ethical issues can cause firms to misalign ethical and strategic decision making.

Some strategists agree with Ralph Nader, who asserts that organizations have no obligation to do any more for society than is legally required.

Social responsibility refers to actions an organization takes that are legally required to protect or enhance the well-being of living things.

ISO standards are voluntary because the organization itself does not regulate or legislate.

The Nature of Strategic Management

The Business Vision and Mission

The External Assessment

The Internal Assessment

Strategies in Action

Strategy Analysis and Choice

Implementing Strategies: Management and Marketing Issues

Implementing Strategies: Finance and Accounting Issues

Strategy Evaluation and Governance

Global and International Issues

Filters