Question 1

There are four areas of concern regarding ethics in advertising.They are

Accepted Answer

A) truth-in-advertising,misleading pricing,bait-and-switch advertising,stealth advertising. 
B) advertising of counterfeit brands,stealth advertising,morally objectionable advertising,and truth-in-advertising. 
C) bait-and-switch advertising,advertising of counterfeit brands,stealth advertising,and morally objectionable advertising. 
D) truth-in-advertising,misleading price advertising,celebrity advertising,and morally objectionable advertising. 
E) misleading price advertising,truth-in-advertising,celebrity advertising,and advertising claims about product performance that are not true. 
A) truth-in-advertising,misleading pricing,bait-and-switch advertising,stealth advertising. 
B) advertising of counterfeit brands,stealth advertising,morally objectionable advertising,and truth-in-advertising. 
C) bait-and-switch advertising,advertising of counterfeit brands,stealth advertising,and morally objectionable advertising. 
D) truth-in-advertising,misleading price advertising,celebrity advertising,and morally objectionable advertising. 
E) misleading price advertising,truth-in-advertising,celebrity advertising,and advertising claims about product performance that are not true.

Question 2

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 marketing department of Pandora is recommending to the CEO that Pandora focus future advertising on green marketing and emphasize its pro-environmental approach and natural product ingredients.The CEO does not agree and argues that it is not a good idea to focus on green marketing.Which of the following statements,if true,would support the argument made by the marketing department?

Accepted Answer

A) Studies indicate that most consumers' actual purchases of "green" products occur only when other factors (such as price,quality,and amount)are equal. 
B) Some 4 percent of the consumers of Pandora's breakfast oatmeal are considered True Blue Greens,or active environmentalists. 
C) Company reputation can be damaged if the company is considered to be "greenwashing," or faking being green. 
D) Pandora's breakfast oatmeal,while made of a natural product (oatmeal),also contains additives that are not organic or considered truly natural. 
E) Green marketing would differentiate the oatmeal from the competition and could provide an advantage that would increase sales. 
A) Studies indicate that most consumers' actual purchases of "green" products occur only when other factors (such as price,quality,and amount)are equal. 
B) Some 4 percent of the consumers of Pandora's breakfast oatmeal are considered True Blue Greens,or active environmentalists. 
C) Company reputation can be damaged if the company is considered to be "greenwashing," or faking being green. 
D) Pandora's breakfast oatmeal,while made of a natural product (oatmeal),also contains additives that are not organic or considered truly natural. 
E) Green marketing would differentiate the oatmeal from the competition and could provide an advantage that would increase sales.

Question 3

What are the four ethical norms and the issues that they deal with?

Accepted Answer

- Utility: Does a particular act optimiz

Question 4

While on a business trip,a manager takes some friends to dinner for a social evening and then charges the dinner to his company's expense account.The ________ norm would ask "Is this fair"?

Accepted Answer

A) utility 
B) rights 
C) justice 
D) caring 
E) reciprocity 
A) utility 
B) rights 
C) justice 
D) caring 
E) reciprocity

Question 5

Georgia wants to make sure that her employees behave in a highly ethical fashion.What should she avoid doing?

Accepted Answer

A) Emphasizing the importance of ethics to all employees 
B) Helping employees to follow the company's ethical standards 
C) Modelling behaviour that employees should adopt 
D) Relying on managers to report ethics violations 
E) Ensuring that a strict code of ethics is in place 
A) Emphasizing the importance of ethics to all employees 
B) Helping employees to follow the company's ethical standards 
C) Modelling behaviour that employees should adopt 
D) Relying on managers to report ethics violations 
E) Ensuring that a strict code of ethics is in place

Question 6

What steps should be taken when a firm decides that it wants to become socially responsible? Explain.

Accepted Answer

Four steps to becoming socially responsi

Question 7

Breaking the law in a totalitarian regime in order to carry out humanitarian efforts would probably be seen by most people as

Accepted Answer

A) ethical but illegal. 
B) ethical and illegal. 
C) unethical but legal. 
D) unethical and illegal. 
E) There is no consensus on how this behaviour should be classified. 
A) ethical but illegal. 
B) ethical and illegal. 
C) unethical but legal. 
D) unethical and illegal. 
E) There is no consensus on how this behaviour should be classified.

Question 8

Due to his formal position,John has access to certain information.If John uses this information to facilitate unethical behaviour and to keep it secret,he is illustrating which of the following reasons for unethical behaviour?

Accepted Answer

A) Pressure 
B) Opportunity 
C) Rationalization 
D) Manipulation 
E) None of these 
A) Pressure 
B) Opportunity 
C) Rationalization 
D) Manipulation 
E) None of these

Question 9

In a socially responsible company,whistle-blowers can report their findings to higher level managers without fear of retaliation by other members of the organization.

Accepted Answer

A) True 
 B)False

Question 10

Which three countries are the worst greenhouse gas emitters per capita?

Accepted Answer

A) China,India,and Russia 
B) Australia,the United States,and Canada 
C) China,Russia,and the Australia 
D) India,the United States,and Canada 
E) Japan,China,and Russia 
A) China,India,and Russia 
B) Australia,the United States,and Canada 
C) China,Russia,and the Australia 
D) India,the United States,and Canada 
E) Japan,China,and Russia

Question 11

Which of the following is the reconversion of waste materials into useful products?

Accepted Answer

A) Recycling 
B) Salvaging 
C) Reclamation 
D) Restoration 
E) Recovering 
A) Recycling 
B) Salvaging 
C) Reclamation 
D) Restoration 
E) Recovering

Question 12

The first step in assessing whether a decision is ethical is to determine the most appropriate moral values.

Accepted Answer

A) True 
 B)False

Question 13

What is writing a cheque from one account,depositing it in a second account and then immediately spending money from the second account while the money from the first account is still in transit called?

Accepted Answer

A) Account manipulation 
B) Cheque kiting 
C) Deposit timing 
D) Arbitrage 
E) Withdrawal bridging 
A) Account manipulation 
B) Cheque kiting 
C) Deposit timing 
D) Arbitrage 
E) Withdrawal bridging

Question 14

Which of the following is correct regarding global warming?

Accepted Answer

A) The idea is a hoax. 
B) Global warming is occurring,but the rate is so slow that it will be hundreds of years before any significant problems arise. 
C) There is agreement that global warming is caused by increased air pollution that is a result of human activity. 
D) There is agreement that global warming is happening,but there is a debate about whether the warming is natural or caused by human activity. 
E) Global warming will have a negative effect on everyone. 
A) The idea is a hoax. 
B) Global warming is occurring,but the rate is so slow that it will be hundreds of years before any significant problems arise. 
C) There is agreement that global warming is caused by increased air pollution that is a result of human activity. 
D) There is agreement that global warming is happening,but there is a debate about whether the warming is natural or caused by human activity. 
E) Global warming will have a negative effect on everyone.

Question 15

Unlike the United States,Canada has no federal legislation that protects whistle-blowers.

Accepted Answer

A) True 
 B)False

Question 16

The proactive social responsibility stance is used by firms who actively seek opportunities to contribute to the well-being of society.

Accepted Answer

A) True 
 B)False

Question 17

Owners of small business firms face the same type of social concerns as larger firms,but

Accepted Answer

A) with more demands on the owner. 
B) on a smaller scale. 
C) with more regulation. 
D) with less regulation. 
E) with more complexity. 
A) with more demands on the owner. 
B) on a smaller scale. 
C) with more regulation. 
D) with less regulation. 
E) with more complexity.

Question 18

A business firm's influence on the ethical behaviour of its employees is very limited because family and friends influenced employee beliefs about right and wrong long before the employees joined the business firm.

Accepted Answer

A) True 
 B)False

Question 19

To show the company's desire for employee ethical behaviour,many business firms have established

Accepted Answer

A) an ethical review board. 
B) an office of ethical affairs. 
C) a whistle-blower reward system. 
D) random ethical audits. 
E) codes of conduct. 
A) an ethical review board. 
B) an office of ethical affairs. 
C) a whistle-blower reward system. 
D) random ethical audits. 
E) codes of conduct.

Question 20

How do issues of social responsibility and ethics affect small business?

Accepted Answer

Small businesses must address

There are four areas of concern regarding ethics in advertising.They are

What are the four ethical norms and the issues that they deal with?

While on a business trip,a manager takes some friends to dinner for a social evening and then charges the dinner to his company's expense account.The ________ norm would ask "Is this fair"?

Georgia wants to make sure that her employees behave in a highly ethical fashion.What should she avoid doing?

What steps should be taken when a firm decides that it wants to become socially responsible? Explain.

Breaking the law in a totalitarian regime in order to carry out humanitarian efforts would probably be seen by most people as

Due to his formal position,John has access to certain information.If John uses this information to facilitate unethical behaviour and to keep it secret,he is illustrating which of the following reasons for unethical behaviour?

In a socially responsible company,whistle-blowers can report their findings to higher level managers without fear of retaliation by other members of the organization.

Which three countries are the worst greenhouse gas emitters per capita?

Which of the following is the reconversion of waste materials into useful products?

The first step in assessing whether a decision is ethical is to determine the most appropriate moral values.

What is writing a cheque from one account,depositing it in a second account and then immediately spending money from the second account while the money from the first account is still in transit called?

Which of the following is correct regarding global warming?

Unlike the United States,Canada has no federal legislation that protects whistle-blowers.

The proactive social responsibility stance is used by firms who actively seek opportunities to contribute to the well-being of society.

Owners of small business firms face the same type of social concerns as larger firms,but

A business firm's influence on the ethical behaviour of its employees is very limited because family and friends influenced employee beliefs about right and wrong long before the employees joined the business firm.

To show the company's desire for employee ethical behaviour,many business firms have established

How do issues of social responsibility and ethics affect small business?

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

There are four areas of concern regarding ethics in advertising.They are

What are the four ethical norms and the issues that they deal with?

While on a business trip,a manager takes some friends to dinner for a social evening and then charges the dinner to his company's expense account.The ________ norm would ask "Is this fair"?

Georgia wants to make sure that her employees behave in a highly ethical fashion.What should she avoid doing?

What steps should be taken when a firm decides that it wants to become socially responsible? Explain.

Breaking the law in a totalitarian regime in order to carry out humanitarian efforts would probably be seen by most people as

Due to his formal position,John has access to certain information.If John uses this information to facilitate unethical behaviour and to keep it secret,he is illustrating which of the following reasons for unethical behaviour?

In a socially responsible company,whistle-blowers can report their findings to higher level managers without fear of retaliation by other members of the organization.

Which three countries are the worst greenhouse gas emitters per capita?

Which of the following is the reconversion of waste materials into useful products?

The first step in assessing whether a decision is ethical is to determine the most appropriate moral values.

What is writing a cheque from one account,depositing it in a second account and then immediately spending money from the second account while the money from the first account is still in transit called?

Which of the following is correct regarding global warming?

Unlike the United States,Canada has no federal legislation that protects whistle-blowers.

The proactive social responsibility stance is used by firms who actively seek opportunities to contribute to the well-being of society.

Owners of small business firms face the same type of social concerns as larger firms,but

A business firm's influence on the ethical behaviour of its employees is very limited because family and friends influenced employee beliefs about right and wrong long before the employees joined the business firm.

To show the company's desire for employee ethical behaviour,many business firms have established

How do issues of social responsibility and ethics affect small business?

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