Exam 3: Conducting Business Ethically and Responsibly

When trying to determine whether a specific action is ethical or unethical,even minor changes in information about the context may create uncertainty about the correct answer.

Which of the following behaviours is illegal?

Ian is the president of a medium-sized manufacturing company.He wants to ensure that his company behaves in a socially responsible way.Which of the following is the greatest challenge facing Ian?

What is the introduction of harmful substances into the environment called?

Australia,Canada,and the United States are the world's largest greenhouse gas emitters on a per capita basis.

"The only way recycling will ever work is if customers demand it and are willing to pay the higher prices for it." Agree or disagree with this statement and support your position.

Which of the following is a social movement that seeks to protect and expand the rights of consumers in their dealings with businesses?

What is cheque kiting?

Ethical and unethical behaviour is determined partly by the ________ and partly by ________.

What are the arguments for and against business behaving in a socially responsible manner?

The conversion of waste materials into useful products is called

There is a consensus in Canada that social responsibility should take precedence over profits.

Carla's Collegiate Exchange,a popular bookseller among university students,has just drafted its mission statement.The company seeks to sell books on a sliding scale based on a student's available income.What does this most likely reveal about the company's ethical code?

Hi-Fly,Inc.was accused of discharging residue from its production processes into a nearby pond on the company's premises.When challenged about this,the owner said,"We own the pond,and we can do whatever we want on our private property." Which of the following approaches to social responsibility does this attitude indicate?

An individual who calls attention to an unethical,illegal,or socially irresponsible practice on the part of a business or other organization is called a whistle-blower.

What is the difference between ethics and social responsibility?

Paramount Pizza wants to be a socially responsibility company.It can support its claim of being a socially responsible company by

The practice of jeitinho is an element of business activity in which country?

The defensive stance to social responsibility rejects the idea that business has contributed to many of society's problems and,therefore,business has a social obligation to correct those problems.

Conflict of interest occurs when an activity benefits the employee at the expense of the employer.