Question 1

The fair-trade movement has as its main goal the improvement of working conditions for factory workers in developing countries.

Accepted Answer

A) True 
 B)False

Question 2

Stealth advertising is unethical and illegal.

Accepted Answer

A) True 
 B)False

Question 3

What is the difference between unethical behaviour and illegal behaviour?

Accepted Answer

Ethics are based on both individual beli

Question 4

Businesses that take a defensive stance to social responsibility do as little as possible to solve social or environmental problems.

Accepted Answer

A) True 
 B)False

Question 5

Explain why the counterfeiting of products is harmful to both consumers and to the legitimate companies whose products are counterfeited.

Accepted Answer

Counterfeit goods are a problem in many

Question 6

Even if management is behaving irresponsibly toward investors,stockholders may be reluctant to act because

Accepted Answer

A) a management change may drive the stock price down. 
B) it's too much trouble. 
C) the creditors probably wouldn't support them. 
D) the board of directors will overrule them. 
E) company management will retaliate. 
A) a management change may drive the stock price down. 
B) it's too much trouble. 
C) the creditors probably wouldn't support them. 
D) the board of directors will overrule them. 
E) company management will retaliate.

Question 7

________ refers to ethical or unethical behaviours by a manager or employee of an organization.

Accepted Answer

A) Social ethics 
B) Social responsibility 
C) Business ethics 
D) Collusion 
E) Cartelling 
A) Social ethics 
B) Social responsibility 
C) Business ethics 
D) Collusion 
E) Cartelling

Question 8

Pandora Products is a national company that produces a line of hot breakfast cereals,mainly featuring flavored instant oatmeal.Its products are sold in grocery stores across the country,but the company has faced stiff competition from larger,well established companies. The public relations department of Pandora has recommended to the CEO that Pandora become involved in cause-related marketing to increase its positive brand image and goodwill for the company.The PR department recommends that the National Heart Association would be a good tie-in for the oatmeal line,and it could emphasize the heart-healthy aspects of the products.The CEO argues that aligning the products with the Heart Association would not be good for Pandora.Which of the following consumer survey results,if true,would support the argument made by the CEO?

Accepted Answer

A) Fifty-nine percent indicate that too much publicity about a company's alignment with a charity leads to increased concerns about commercial gain. 
B) Fifty-four percent say they are willing to pay more for a brand that is associated with a cause. 
C) Sixty-six percent indicate they would switch brands to support a particular cause. 
D) Seventy-eight percent state they are more likely to purchase a brand associated with a cause that they care about. 
E) Eighty-four percent say that cause-related marketing increases the positive image of a company. 
A) Fifty-nine percent indicate that too much publicity about a company's alignment with a charity leads to increased concerns about commercial gain. 
B) Fifty-four percent say they are willing to pay more for a brand that is associated with a cause. 
C) Sixty-six percent indicate they would switch brands to support a particular cause. 
D) Seventy-eight percent state they are more likely to purchase a brand associated with a cause that they care about. 
E) Eighty-four percent say that cause-related marketing increases the positive image of a company.

Question 9

Behaviour that individuals and social norms define as wrong or bad is considered which of the following?

Accepted Answer

A) Unethical 
B) Dishonourable 
C) Immoral 
D) Improper 
E) Indecent 
A) Unethical 
B) Dishonourable 
C) Immoral 
D) Improper 
E) Indecent

Question 10

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.Which of the following challenges would Moia likely find to be most central in seeking to run both a socially responsible and successful business?

Accepted Answer

A) How to engage in fair marketing practices that are cost-effective 
B) How to pay her overseas workers fair wages,sell her pastries for less there,and still make the necessary profit 
C) How to obtain the best quality macadamia nuts at a much lower price than they are worth 
D) How to decrease employee benefits without experiencing subsequent complaints 
E) How to perform a social audit without taking up too much valuable work time 
A) How to engage in fair marketing practices that are cost-effective 
B) How to pay her overseas workers fair wages,sell her pastries for less there,and still make the necessary profit 
C) How to obtain the best quality macadamia nuts at a much lower price than they are worth 
D) How to decrease employee benefits without experiencing subsequent complaints 
E) How to perform a social audit without taking up too much valuable work time

Question 11

What is the motivation behind the fair-trade movement? How has it affected the way some companies operate?

Accepted Answer

The fair-trade movement is motivated by

Question 12

Ethics are beliefs about what is right and wrong or good and bad.

Accepted Answer

A) True 
 B)False

Question 13

An individual may feel that his behaviour is ethical,however,that behaviour may be seen as unethical if social norms are considered.

Accepted Answer

A) True 
 B)False

Question 14

IBP,a large meat processing firm,has a record of violating environmental regulations,labour laws,and food processing laws,and then trying to cover up its offenses.IBP has adopted a(n)________ stance to social responsibility.

Accepted Answer

A) accommodative 
B) obstructionist 
C) proactive 
D) defensive 
E) financial maximization 
A) accommodative 
B) obstructionist 
C) proactive 
D) defensive 
E) financial maximization

Question 15

Which of the following is not one of the forms of financial mismanagement?

Accepted Answer

A) Insider trading 
B) Cheque kiting 
C) Misrepresentation of finances 
D) Improper financial management 
E) Expense account abuse 
A) Insider trading 
B) Cheque kiting 
C) Misrepresentation of finances 
D) Improper financial management 
E) Expense account abuse

Question 16

Marilyn padded her expense account.When confronted by her boss,she defended her actions on the grounds that she was not paid enough for her work,so she had to supplement her salary by padding her expense account.This is an example of the "opportunity" factor that has been found to be important in explaining why unethical behaviour occurs.

Accepted Answer

A) True 
 B)False

Question 17

Joe paid his subordinate John less than John deserved because Joe knew that John needed the job badly.Joe's behaviour is

Accepted Answer

A) illegal but not unethical. 
B) unethical but not illegal. 
C) both illegal and unethical. 
D) neither illegal nor unethical. 
E) It is not possible to say without determining how John feels about his pay. 
A) illegal but not unethical. 
B) unethical but not illegal. 
C) both illegal and unethical. 
D) neither illegal nor unethical. 
E) It is not possible to say without determining how John feels about his pay.

Question 18

Identify four issues of ethics in advertising.

Accepted Answer

Truth-in-advertising,advertisi

Question 19

Sustainable development are activities that meet current needs but will not put future generations at a disadvantage when they try to meet their needs.

Accepted Answer

A) True 
 B)False

Question 20

In Canada,a manager who discriminates against minorities in hiring exhibits both unethical and illegal behaviour.

Accepted Answer

A) True 
 B)False

The fair-trade movement has as its main goal the improvement of working conditions for factory workers in developing countries.

Stealth advertising is unethical and illegal.

What is the difference between unethical behaviour and illegal behaviour?

Businesses that take a defensive stance to social responsibility do as little as possible to solve social or environmental problems.

Explain why the counterfeiting of products is harmful to both consumers and to the legitimate companies whose products are counterfeited.

Even if management is behaving irresponsibly toward investors,stockholders may be reluctant to act because

________ refers to ethical or unethical behaviours by a manager or employee of an organization.

Behaviour that individuals and social norms define as wrong or bad is considered which of the following?

What is the motivation behind the fair-trade movement? How has it affected the way some companies operate?

Ethics are beliefs about what is right and wrong or good and bad.

An individual may feel that his behaviour is ethical,however,that behaviour may be seen as unethical if social norms are considered.

IBP,a large meat processing firm,has a record of violating environmental regulations,labour laws,and food processing laws,and then trying to cover up its offenses.IBP has adopted a(n)________ stance to social responsibility.

Which of the following is not one of the forms of financial mismanagement?

Joe paid his subordinate John less than John deserved because Joe knew that John needed the job badly.Joe's behaviour is

Identify four issues of ethics in advertising.

Sustainable development are activities that meet current needs but will not put future generations at a disadvantage when they try to meet their needs.

In Canada,a manager who discriminates against minorities in hiring exhibits both unethical and illegal behaviour.

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 fair-trade movement has as its main goal the improvement of working conditions for factory workers in developing countries.

Stealth advertising is unethical and illegal.

What is the difference between unethical behaviour and illegal behaviour?

Businesses that take a defensive stance to social responsibility do as little as possible to solve social or environmental problems.

Explain why the counterfeiting of products is harmful to both consumers and to the legitimate companies whose products are counterfeited.

Even if management is behaving irresponsibly toward investors,stockholders may be reluctant to act because

________ refers to ethical or unethical behaviours by a manager or employee of an organization.

Behaviour that individuals and social norms define as wrong or bad is considered which of the following?

What is the motivation behind the fair-trade movement? How has it affected the way some companies operate?

Ethics are beliefs about what is right and wrong or good and bad.

An individual may feel that his behaviour is ethical,however,that behaviour may be seen as unethical if social norms are considered.

IBP,a large meat processing firm,has a record of violating environmental regulations,labour laws,and food processing laws,and then trying to cover up its offenses.IBP has adopted a(n)________ stance to social responsibility.

Which of the following is not one of the forms of financial mismanagement?

Joe paid his subordinate John less than John deserved because Joe knew that John needed the job badly.Joe's behaviour is

Identify four issues of ethics in advertising.

Sustainable development are activities that meet current needs but will not put future generations at a disadvantage when they try to meet their needs.

In Canada,a manager who discriminates against minorities in hiring exhibits both unethical and illegal behaviour.

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