Question 1

The Personal Information Protection and Electronic Documents Act (PIPEDA)

Accepted Answer

A) is designed to protect electronic documents from computer hackers. 
B) requires organizations to obtain consent before they collect,use,or disclose information about individuals. 
C) has been declared unconstitutional. 
D) prohibits organizations from using personal information about their employees. 
E) applies almost exclusively to universities. 
A) is designed to protect electronic documents from computer hackers. 
B) requires organizations to obtain consent before they collect,use,or disclose information about individuals. 
C) has been declared unconstitutional. 
D) prohibits organizations from using personal information about their employees. 
E) applies almost exclusively to universities. B

Question 2

With regard to the "cap and trade" system for trading carbon credits,it is correct to say that

Accepted Answer

A) very little fraud has been uncovered in the system. 
B) the system has proven to be very effective. 
C) studies show that countries in Asia are not interested in the system. 
D) companies in developing countries buy credits which they sell to companies in industrialized countries. 
E) carbon credits essentially give companies the right to pollute the environment. 
A) very little fraud has been uncovered in the system. 
B) the system has proven to be very effective. 
C) studies show that countries in Asia are not interested in the system. 
D) companies in developing countries buy credits which they sell to companies in industrialized countries. 
E) carbon credits essentially give companies the right to pollute the environment. E

Question 3

Which of the following occurs when an activity benefits the employee at the expense of the employer?

Accepted Answer

A) Employee perks 
B) Fringe benefits 
C) Conflict of interest 
D) Ethical struggle 
E) Personal profiting 
A) Employee perks 
B) Fringe benefits 
C) Conflict of interest 
D) Ethical struggle 
E) Personal profiting C

Question 4

John wants his employees to be aware that they should act ethically.He should

Accepted Answer

A) fire anyone who behaves unethically. 
B) not draw public attention to any employee's unethical behaviour,but instead deal with it privately. 
C) publicly reward ethical behaviour and ignore unethical behaviour. 
D) publicly discipline employees who behave unethically,but don't fire them. 
E) adopt a written code of ethics. 
A) fire anyone who behaves unethically. 
B) not draw public attention to any employee's unethical behaviour,but instead deal with it privately. 
C) publicly reward ethical behaviour and ignore unethical behaviour. 
D) publicly discipline employees who behave unethically,but don't fire them. 
E) adopt a written code of ethics.

Question 5

Moia is a successful entrepreneur who owns several popular pastry shops.She often imports macadamia nuts from countries with poor economic conditions,which has furthered her desire to help improve the lives of the people living there.How can Moia best exhibit corporate social responsibility to the citizens of these nations?

Accepted Answer

A) By including labels on her products indicating where the nuts come from 
B) By hiring people who have travelled to these nations 
C) By opening pastry shops in these countries that would create jobs for the citizens there 
D) By purchasing the nuts more regularly 
E) By shipping free pastries to these nations 
A) By including labels on her products indicating where the nuts come from 
B) By hiring people who have travelled to these nations 
C) By opening pastry shops in these countries that would create jobs for the citizens there 
D) By purchasing the nuts more regularly 
E) By shipping free pastries to these nations

Question 6

Which of the following statements is most likely to be included in a company's code of ethics?

Accepted Answer

A) We reward high achievers. 
B) We strive for domination in the market. 
C) We achieve our objective by raising capital. 
D) We believe in our company brand. 
E) We reward all valuable contributions. 
A) We reward high achievers. 
B) We strive for domination in the market. 
C) We achieve our objective by raising capital. 
D) We believe in our company brand. 
E) We reward all valuable contributions.

Question 7

Discuss the problem of land pollution.Include in your response the sources of land pollution and a recommended solution for dealing with that problem.

Accepted Answer

Two key issues are how to restore the qu

Question 8

What is sustainability?

Accepted Answer

Sustainability means pursuing

Question 9

Where does a company state its intentions to do business in an ethical manner?

Accepted Answer

A) Mission statement 
B) Corporate values statement 
C) Company principles manual 
D) Training manuals 
E) Code of ethics 
A) Mission statement 
B) Corporate values statement 
C) Company principles manual 
D) Training manuals 
E) Code of ethics

Question 10

When two or more firms agree to collaborate on wrongful acts,it is referred to as

Accepted Answer

A) consumerism. 
B) collusion. 
C) market segmentation. 
D) oligopoly. 
E) monopoly. 
A) consumerism. 
B) collusion. 
C) market segmentation. 
D) oligopoly. 
E) monopoly.

Question 11

Why did the fair-trade movement develop?

Accepted Answer

A) Because large industrialized countries were using unfair trading practices with developing countries 
B) Because pollution was increasing too rapidly in developing countries as a result of excessive investment in mining operations 
C) Because workers involved in producing commodities like coffee were not receiving fair payment for their products 
D) Because free trade agreements were hurting smaller producers 
E) Because there was a surplus of cotton as a result of highly efficient U.S.production 
A) Because large industrialized countries were using unfair trading practices with developing countries 
B) Because pollution was increasing too rapidly in developing countries as a result of excessive investment in mining operations 
C) Because workers involved in producing commodities like coffee were not receiving fair payment for their products 
D) Because free trade agreements were hurting smaller producers 
E) Because there was a surplus of cotton as a result of highly efficient U.S.production

Question 12

Which of the following is the greatest challenge in meeting a firm's social responsibility?

Accepted Answer

A) Determining when to conduct ethical training 
B) Determining the contents of the code of ethics 
C) Determining when to conduct a social audit 
D) Knowing what social responsibility is 
E) Determining how to respond to the interests of one part of society (e.g. ,investors)which conflict with the needs of another part of society (e.g. ,customers) 
A) Determining when to conduct ethical training 
B) Determining the contents of the code of ethics 
C) Determining when to conduct a social audit 
D) Knowing what social responsibility is 
E) Determining how to respond to the interests of one part of society (e.g. ,investors)which conflict with the needs of another part of society (e.g. ,customers)

Question 13

Marilyn has decided to use the three-step model to decide whether a business decision is ethical or unethical.She has already gathered the relevant factual information about the situation.What should she do next?

Accepted Answer

A) Reflect on her own ethical standards as background for the decision 
B) Gather the relevant factual information 
C) Consult with her boss about the situation 
D) Make an ethical judgment about the rightness or wrongness of the situation 
E) Determine the most appropriate moral values 
A) Reflect on her own ethical standards as background for the decision 
B) Gather the relevant factual information 
C) Consult with her boss about the situation 
D) Make an ethical judgment about the rightness or wrongness of the situation 
E) Determine the most appropriate moral values

Question 14

How does social responsibility fit with the mission of a typical small business?

Accepted Answer

Like any business,it depends on the prio

Question 15

In one sentence,summarize the debate about global warming.

Accepted Answer

There is a fairly strong conse

Question 16

What is collusion?

Accepted Answer

Collusion occurs when two or m

Question 17

Because it was the initial year of production,only 3000 units of a new model car were built.Some auto dealers got together and agreed that they would sell the cars only if the customer was willing to pay several thousand dollars over the sticker price.This is an example of

Accepted Answer

A) price gouging. 
B) smart business practice. 
C) price fixing. 
D) collusion. 
E) price lining. 
A) price gouging. 
B) smart business practice. 
C) price fixing. 
D) collusion. 
E) price lining.

Question 18

Beliefs about what is right and wrong or good and bad are which of the following?

Accepted Answer

A) Values 
B) Morals 
C) Ethics 
D) Standards 
E) Ideals 
A) Values 
B) Morals 
C) Ethics 
D) Standards 
E) Ideals

Question 19

Bob Crawford sold his shares in Texon Company after finding out from Texon's CEO that its stock was about to drop in price because its soon-to-be-released quarterly financial update was going to show that earnings were lower than expected.Bob engaged in

Accepted Answer

A) whistle-blowing. 
B) misrepresentation of finances. 
C) insider trading. 
D) an obstructionist stance to social responsibility. 
E) cheque kiting. 
A) whistle-blowing. 
B) misrepresentation of finances. 
C) insider trading. 
D) an obstructionist stance to social responsibility. 
E) cheque kiting.

Question 20

Miranda has decided to evaluate a decision she made based on the ethical norm of rights.What questions should she ask?

Accepted Answer

A) Does the decision optimize the satisfaction of all constituencies? 
B) Is the decision consistent with what we regard as fair? 
C) Does the decision respect the rights of the individuals involved? 
D) Is the decision consistent with people's responsibilities to each other? 
E) How much will the decision cost if it is wrong? 
A) Does the decision optimize the satisfaction of all constituencies? 
B) Is the decision consistent with what we regard as fair? 
C) Does the decision respect the rights of the individuals involved? 
D) Is the decision consistent with people's responsibilities to each other? 
E) How much will the decision cost if it is wrong?

The Personal Information Protection and Electronic Documents Act (PIPEDA)

With regard to the "cap and trade" system for trading carbon credits,it is correct to say that

Which of the following occurs when an activity benefits the employee at the expense of the employer?

John wants his employees to be aware that they should act ethically.He should

Which of the following statements is most likely to be included in a company's code of ethics?

Discuss the problem of land pollution.Include in your response the sources of land pollution and a recommended solution for dealing with that problem.

What is sustainability?

Where does a company state its intentions to do business in an ethical manner?

When two or more firms agree to collaborate on wrongful acts,it is referred to as

Why did the fair-trade movement develop?

Which of the following is the greatest challenge in meeting a firm's social responsibility?

Marilyn has decided to use the three-step model to decide whether a business decision is ethical or unethical.She has already gathered the relevant factual information about the situation.What should she do next?

How does social responsibility fit with the mission of a typical small business?

In one sentence,summarize the debate about global warming.

What is collusion?

Because it was the initial year of production,only 3000 units of a new model car were built.Some auto dealers got together and agreed that they would sell the cars only if the customer was willing to pay several thousand dollars over the sticker price.This is an example of

Beliefs about what is right and wrong or good and bad are which of the following?

Bob Crawford sold his shares in Texon Company after finding out from Texon's CEO that its stock was about to drop in price because its soon-to-be-released quarterly financial update was going to show that earnings were lower than expected.Bob engaged in

Miranda has decided to evaluate a decision she made based on the ethical norm of rights.What questions should she ask?

Understanding the Canadian Business System

The Environment of Business

Entrepreneurship,small Business,and New Venture Creation

The Global Context of Business

Managing the Business Enterprise

Organizing the Business Enterprise

Managing Human Resources and Labour Relations

Motivating,satisfying,and Leading Employees

Operations Management,productivity,and Quality

Understanding Accounting

Understanding Marketing Principles and Developing Products

Pricing,promoting,and Distributing Products

Money and Banking

Financial Decisions and Risk Management

Filters

Exam 3: Conducting Business Ethically and Responsibly

The Personal Information Protection and Electronic Documents Act (PIPEDA)

With regard to the "cap and trade" system for trading carbon credits,it is correct to say that

Which of the following occurs when an activity benefits the employee at the expense of the employer?

John wants his employees to be aware that they should act ethically.He should

Which of the following statements is most likely to be included in a company's code of ethics?

Discuss the problem of land pollution.Include in your response the sources of land pollution and a recommended solution for dealing with that problem.

What is sustainability?

Where does a company state its intentions to do business in an ethical manner?

When two or more firms agree to collaborate on wrongful acts,it is referred to as

Why did the fair-trade movement develop?

Which of the following is the greatest challenge in meeting a firm's social responsibility?

Marilyn has decided to use the three-step model to decide whether a business decision is ethical or unethical.She has already gathered the relevant factual information about the situation.What should she do next?

How does social responsibility fit with the mission of a typical small business?

In one sentence,summarize the debate about global warming.

What is collusion?

Because it was the initial year of production,only 3000 units of a new model car were built.Some auto dealers got together and agreed that they would sell the cars only if the customer was willing to pay several thousand dollars over the sticker price.This is an example of

Beliefs about what is right and wrong or good and bad are which of the following?

Bob Crawford sold his shares in Texon Company after finding out from Texon's CEO that its stock was about to drop in price because its soon-to-be-released quarterly financial update was going to show that earnings were lower than expected.Bob engaged in

Miranda has decided to evaluate a decision she made based on the ethical norm of rights.What questions should she ask?

Understanding the Canadian Business System

The Environment of Business

Entrepreneurship,small Business,and New Venture Creation

The Global Context of Business

Managing the Business Enterprise

Organizing the Business Enterprise

Managing Human Resources and Labour Relations

Motivating,satisfying,and Leading Employees

Operations Management,productivity,and Quality

Understanding Accounting

Understanding Marketing Principles and Developing Products

Pricing,promoting,and Distributing Products

Money and Banking

Financial Decisions and Risk Management

Filters