Question 1

Social responsibility does not cost money.

Accepted Answer

A) True 
 B)False

Question 2

Customers can't find out which firms are acting responsibly and which are not.

Accepted Answer

A) True 
 B)False

Question 3

Kathy has noticed that the airport in her city is away from where most people live and work, and it takes a while to get there.This location was probably strategically designed to reduce _____.

Accepted Answer

A)  air pollution 
B)  noise pollution 
C)  highway traffic 
D)  air traffic 
E)  land pollution 
A)  air pollution 
B)  noise pollution 
C)  highway traffic 
D)  air traffic 
E)  land pollution

Question 4

The Food and Drug Administration's ability to force businesses making or selling defective products to recall them is most closely related to consumers' right to choose.

Accepted Answer

A) True 
 B)False

Question 5

How can the government encourage ethical behavior? Give an example.

Accepted Answer

The government can encourage ethical beh

Question 6

Which of the following best defines the term Caveat emptor?

Accepted Answer

A)  It is a French term that implies laissez faire. 
B)  It implies disagreements over peer evaluations. 
C)  It is a Latin phrase meaning "let the buyer beware." 
D)  It is a Latin phrase meaning "let the seller beware." 
E)  It is a Latin phrase meaning "the cave is empty." 
A)  It is a French term that implies laissez faire. 
B)  It implies disagreements over peer evaluations. 
C)  It is a Latin phrase meaning "let the buyer beware." 
D)  It is a Latin phrase meaning "let the seller beware." 
E)  It is a Latin phrase meaning "the cave is empty."

Question 7

Within a firm, social responsibility begins with management's attitude.

Accepted Answer

A) True 
 B)False

Question 8

The agency charged with protecting our environment is the

Accepted Answer

A)  National Alliance of Business. 
B)  Interstate Commerce Commission. 
C)  National Recovery Administration. 
D)  Environmental Protection Agency. 
E)  Civilian Conservation Corps. 
A)  National Alliance of Business. 
B)  Interstate Commerce Commission. 
C)  National Recovery Administration. 
D)  Environmental Protection Agency. 
E)  Civilian Conservation Corps.

Question 9

Roger, a bank manager, holds the economic model of social responsibility view.What is he most likely to say about the connection between taxes and social responsibility?

Accepted Answer

A)  Because he is a responsible man, he pays his taxes and does not try to cheat the IRS. 
B)  Although taxes contribute to social welfare, it is only the beginning of his bank's responsibility to society. 
C)  Taxes are a required evil from which he sees very little benefit in his community. 
D)  By making a profit and paying taxes that meet the needs of society, Roger has fulfilled his social responsibility. 
E)  It is better to make a small profit and therefore pay less taxes than to contribute to social responsibility. 
A)  Because he is a responsible man, he pays his taxes and does not try to cheat the IRS. 
B)  Although taxes contribute to social welfare, it is only the beginning of his bank's responsibility to society. 
C)  Taxes are a required evil from which he sees very little benefit in his community. 
D)  By making a profit and paying taxes that meet the needs of society, Roger has fulfilled his social responsibility. 
E)  It is better to make a small profit and therefore pay less taxes than to contribute to social responsibility.

Question 10

Which president led the way in creating programs to improve the working and social conditions in the United States in the 1930s?

Accepted Answer

A)  Teddy Roosevelt 
B)  Calvin Coolidge 
C)  Franklin Roosevelt 
D)  Woodrow Wilson 
E)  Herbert Hoover 
A)  Teddy Roosevelt 
B)  Calvin Coolidge 
C)  Franklin Roosevelt 
D)  Woodrow Wilson 
E)  Herbert Hoover

Question 11

A successful program for training hard-core unemployed people is the National Alliance of Business.

Accepted Answer

A) True 
 B)False

Question 12

By ensuring that products are safe and reliable, the Food and Drug Administration and the Consumer Product Safety Commission are taking part in a movement known as _____.

Accepted Answer

A)  protectionism 
B)  consumerism 
C)  product activism 
D)  socialism 
E)  product liability management 
A)  protectionism 
B)  consumerism 
C)  product activism 
D)  socialism 
E)  product liability management

Question 13

A corporate code of ethics officer informs the press about unethical practices within the organization.

Accepted Answer

A) True 
 B)False

Question 14

During the 1980s, very few organizations created and implemented ethics codes.

Accepted Answer

A) True 
 B)False

Question 15

What are some guidelines for making ethical decisions?

Accepted Answer

Making ethical decisions involves choosi

Question 16

The Noise Control Act of 1972 established noise emission standards for all of the following except _____.

Accepted Answer

A)  aircraft 
B)  airports 
C)  railroads 
D)  intracity cab services 
E)  interstate motor carriers 
A)  aircraft 
B)  airports 
C)  railroads 
D)  intracity cab services 
E)  interstate motor carriers

Question 17

Ed works in a position where there is very little supervision.In fact, although he considers himself ethical, he figures he could go away for a week without anyone noticing.Which general set of factors is most likely to influence Ed's ethical behavior?

Accepted Answer

A)  individual 
B)  social 
C)  moral 
D)  circumstantial 
E)  opportunity 
A)  individual 
B)  social 
C)  moral 
D)  circumstantial 
E)  opportunity

Question 18

The socioeconomic model of social responsibility places primary emphasis on _____.

Accepted Answer

A)  quality of life 
B)  production 
C)  economic return 
D)  exploitation of natural resources 
E)  profit 
A)  quality of life 
B)  production 
C)  economic return 
D)  exploitation of natural resources 
E)  profit

Question 19

In the 1970s, the Pinto, a subcompact car manufactured by Ford, was known to catch fire when rear-ended, even at inner-city speeds.This stripped consumers of their right to

Accepted Answer

A)  choose. 
B)  be informed. 
C)  be protected. 
D)  be heard. 
E)  safety. 
A)  choose. 
B)  be informed. 
C)  be protected. 
D)  be heard. 
E)  safety.

Question 20

Which of the following holds true in the case of bribes?

Accepted Answer

A)  They are unethical. 
B)  They are ethical only under certain circumstances. 
C)  They are uncommon in many foreign countries. 
D)  They are economic returns. 
E)  They are ethical. 
A)  They are unethical. 
B)  They are ethical only under certain circumstances. 
C)  They are uncommon in many foreign countries. 
D)  They are economic returns. 
E)  They are ethical.

Social responsibility does not cost money.

Customers can't find out which firms are acting responsibly and which are not.

Kathy has noticed that the airport in her city is away from where most people live and work, and it takes a while to get there.This location was probably strategically designed to reduce _____.

The Food and Drug Administration's ability to force businesses making or selling defective products to recall them is most closely related to consumers' right to choose.

How can the government encourage ethical behavior? Give an example.

Which of the following best defines the term Caveat emptor?

Within a firm, social responsibility begins with management's attitude.

The agency charged with protecting our environment is the

Roger, a bank manager, holds the economic model of social responsibility view.What is he most likely to say about the connection between taxes and social responsibility?

Which president led the way in creating programs to improve the working and social conditions in the United States in the 1930s?

A successful program for training hard-core unemployed people is the National Alliance of Business.

By ensuring that products are safe and reliable, the Food and Drug Administration and the Consumer Product Safety Commission are taking part in a movement known as _____.

A corporate code of ethics officer informs the press about unethical practices within the organization.

During the 1980s, very few organizations created and implemented ethics codes.

What are some guidelines for making ethical decisions?

The Noise Control Act of 1972 established noise emission standards for all of the following except _____.

Ed works in a position where there is very little supervision.In fact, although he considers himself ethical, he figures he could go away for a week without anyone noticing.Which general set of factors is most likely to influence Ed's ethical behavior?

The socioeconomic model of social responsibility places primary emphasis on _____.

In the 1970s, the Pinto, a subcompact car manufactured by Ford, was known to catch fire when rear-ended, even at inner-city speeds.This stripped consumers of their right to

Which of the following holds true in the case of bribes?

Exploring the World of Business and Economics

Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Understanding Information and E-Business

Using Accounting Information

Mastering Financial Management

Filters

Exam 2: Being Ethical and Socially Responsible

Social responsibility does not cost money.

Customers can't find out which firms are acting responsibly and which are not.

Kathy has noticed that the airport in her city is away from where most people live and work, and it takes a while to get there.This location was probably strategically designed to reduce _____.

The Food and Drug Administration's ability to force businesses making or selling defective products to recall them is most closely related to consumers' right to choose.

How can the government encourage ethical behavior? Give an example.

Which of the following best defines the term Caveat emptor?

Within a firm, social responsibility begins with management's attitude.

The agency charged with protecting our environment is the

Roger, a bank manager, holds the economic model of social responsibility view.What is he most likely to say about the connection between taxes and social responsibility?

Which president led the way in creating programs to improve the working and social conditions in the United States in the 1930s?

A successful program for training hard-core unemployed people is the National Alliance of Business.

By ensuring that products are safe and reliable, the Food and Drug Administration and the Consumer Product Safety Commission are taking part in a movement known as _____.

A corporate code of ethics officer informs the press about unethical practices within the organization.

During the 1980s, very few organizations created and implemented ethics codes.

What are some guidelines for making ethical decisions?

The Noise Control Act of 1972 established noise emission standards for all of the following except _____.

Ed works in a position where there is very little supervision.In fact, although he considers himself ethical, he figures he could go away for a week without anyone noticing.Which general set of factors is most likely to influence Ed's ethical behavior?

The socioeconomic model of social responsibility places primary emphasis on _____.

In the 1970s, the Pinto, a subcompact car manufactured by Ford, was known to catch fire when rear-ended, even at inner-city speeds.This stripped consumers of their right to

Which of the following holds true in the case of bribes?

Exploring the World of Business and Economics

Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Understanding Information and E-Business

Using Accounting Information

Mastering Financial Management

Filters