Exam 3: Conducting Business Ethically and Responsibly

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A major concern for the small business owner is whether he or she can afford to have a social agenda.

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What is the relationship between a social audit and the concept of sustainability?

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A poll of 12 000 people in 11 different countries revealed that ________ percent of those polled were willing to spend extra money to fight climate change.

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Counterfeit goods are a problem mainly for products like luggage,pharmaceuticals,designer clothing,and watches,but not much of a problem for products like fine wines.

(True/False)
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All things considered,what is generally the best ethical norm to use when a person is trying to determine whether a decision is ethical?

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When Procter & Gamble puts a toll-free number on its products so that consumers can call if they have questions or complaints,this is an example of

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Behaviour that is deemed unethical is usually also illegal.

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What are activities that meet current needs,but will not put future generations at a disadvantage when they try to meet their needs?

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When companies get together to fix prices,this is illegal and is called which of the following?

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The three general factors have been identified as important in causing individuals to behave in unethical ways are pressure,opportunity,and rationalization.

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Behaviour that conforms to individual beliefs and social norms about what is right and good is referred to as

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When a food company lists the ingredients that make up their products,which consumer right is it addressing?

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In the 2017 Global 100 list of the most sustainable corporations in the world,which company ranked first?

(Multiple Choice)
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With respect to the issue of counterfeit brands,it is correct to say that

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What are the six major areas of social responsibility? Provide an example of each.

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What is the purpose of a written code of ethics?

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Suman wants to use the ethical norm of caring when making decisions.To do this,she should ask "Is this consistent with peoples' responsibilities toward each other?"

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Business firms can show their social responsibility toward employees by providing a safe workplace that provides equal employment opportunities and is free of harassment.

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Branson Corp.will do everything that is legally required,but it will not go beyond that.This means that Branson has adopted the defensive approach to social responsibility.

(True/False)
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What is the stance of businesses that do as little as possible to solve social or environmental problems?

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