Question 1

Which of the following is not one of the issues that Zadek et al (1997) have proposed as the key principles of good social accounting?

Accepted Answer

A)  Continuous improvement. 
B)  External verification. 
C)  Protecting the integrity of confidential data. 
D)  Management policies and systems. 
A)  Continuous improvement. 
B)  External verification. 
C)  Protecting the integrity of confidential data. 
D)  Management policies and systems. C

Question 2

Codes of ethics are typically applicable globally and do not need altering depending on the country or region in which multinational enterprises operate.

Accepted Answer

A) True 
 B)False  False

Question 3

______________ describes businesses efforts to minimize the negative environmental impact of a firm's products throughout their lifecycle.

Accepted Answer

Environmental management

Question 4

The AA1000s Assurance standard was the first attempt to provide a coherent and robust basis for assuring a public report and its underlying processes, systems and competences.

Accepted Answer

A) True 
 B)False

Question 5

Match the ethics-related term to its correct description.
-Business ethics management

Accepted Answer

A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training 
A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training

Question 6

Which of the following is an environmental management system drafted by the European commission which involves strong employee involvement and compliance with environmental legislation ensured by government supervision?

Accepted Answer

A)  ISO26000 
B)  GRI 
C)  ISO14001 
D)  EMAS 
A)  ISO26000 
B)  GRI 
C)  ISO14001 
D)  EMAS

Question 7

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description.
-External orientation

Accepted Answer

A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations. 
A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations.

Question 8

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description.
-Values orientation

Accepted Answer

A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations. 
A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations.

Question 9

Match the following reasons that firms should engage in social accounting
-Improved stakeholder management.

Accepted Answer

A)  Firms are responding to new expectations that they disclose their operations. 
B)  Social accounting provides firms a clearer picture of their relative strengths and vulnerabilities. 
C)  Social accounting helps provide information to the wider world, and helps managers make more informed decision making 
D)  Social accounting helps ensure that companies answer for the consequences of their actions. 
A)  Firms are responding to new expectations that they disclose their operations. 
B)  Social accounting provides firms a clearer picture of their relative strengths and vulnerabilities. 
C)  Social accounting helps provide information to the wider world, and helps managers make more informed decision making 
D)  Social accounting helps ensure that companies answer for the consequences of their actions.

Question 10

Match the following reasons that firms should engage in social accounting
-Enhanced accountability and transparency

Accepted Answer

A)  Firms are responding to new expectations that they disclose their operations. 
B)  Social accounting provides firms a clearer picture of their relative strengths and vulnerabilities. 
C)  Social accounting helps provide information to the wider world, and helps managers make more informed decision making 
D)  Social accounting helps ensure that companies answer for the consequences of their actions. 
A)  Firms are responding to new expectations that they disclose their operations. 
B)  Social accounting provides firms a clearer picture of their relative strengths and vulnerabilities. 
C)  Social accounting helps provide information to the wider world, and helps managers make more informed decision making 
D)  Social accounting helps ensure that companies answer for the consequences of their actions.

Question 11

Crane et al identify four main types of ethical codes. Read the following carefully and choose which of the following is not one of these four main types.

Accepted Answer

A)  Professional codes of ethics (e.g., marketing). 
B)  Industry codes of ethics (e.g., financial services industry). 
C)  Organizational codes of ethics (code for a single organization). 
D)  Accreditation codes of ethics (e.g. use of the Fairtrade mark). 
A)  Professional codes of ethics (e.g., marketing). 
B)  Industry codes of ethics (e.g., financial services industry). 
C)  Organizational codes of ethics (code for a single organization). 
D)  Accreditation codes of ethics (e.g. use of the Fairtrade mark).

Question 12

Match the ethics-related term to its correct description.
-Ethics consultants

Accepted Answer

A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training 
A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training

Question 13

What are some essential distinguishing elements of social accounting? Choose all that apply.

Accepted Answer

A)  Its focus on issues other than (but not necessarily excluding) financial data. 
B)  Its move firmly away from quantitative data. 
C)  Its intended audience extending beyond (but not excluding) shareholders. 
D)  Its status as a voluntary rather than a legally mandated practice (at least in most jurisdictions). 
A)  Its focus on issues other than (but not necessarily excluding) financial data. 
B)  Its move firmly away from quantitative data. 
C)  Its intended audience extending beyond (but not excluding) shareholders. 
D)  Its status as a voluntary rather than a legally mandated practice (at least in most jurisdictions).

Question 14

Match the ethics-related term to its correct description.
-Ethics education

Accepted Answer

A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training 
A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training

Question 15

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description.
-Protection orientation

Accepted Answer

A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations. 
A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations.

Question 16

______ or ______ statements are statements outlining corporate aims, beliefs and values, which increasingly include social, ethical and environmental goals.

Accepted Answer

The answer of ______ or ______ statements are statements outlining...

Question 17

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description.
-Compliance orientation

Accepted Answer

A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations. 
A)  Main emphasis is on preventing, detecting, and punishing violations of the law. 
B)  Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations. 
C)  The focus is on satisfying stakeholders such as customers, the community and shareholders. 
D)  Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations.

Question 18

Match the ethics-related term to its correct description.
-Ethics governance processes

Accepted Answer

A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training 
A)  Training and learning related to ethics, provided within, typically, a business or university setting. 
B) The direct attempt to formally or informally manage ethical issues 
C)  The managers, officers and committees responsible for managing ethics within an organisation. 
D)  Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training

Question 19

Match the following reasons that firms should engage in social accounting
-Internal and external pressure

Accepted Answer

A)  Firms are responding to new expectations that they disclose their operations. 
B)  Social accounting provides firms a clearer picture of their relative strengths and vulnerabilities. 
C)  Social accounting helps provide information to the wider world, and helps managers make more informed decision making 
D)  Social accounting helps ensure that companies answer for the consequences of their actions. 
A)  Firms are responding to new expectations that they disclose their operations. 
B)  Social accounting provides firms a clearer picture of their relative strengths and vulnerabilities. 
C)  Social accounting helps provide information to the wider world, and helps managers make more informed decision making 
D)  Social accounting helps ensure that companies answer for the consequences of their actions.

Question 20

A voluntary statement that commits an organization, industry, or profession to specific beliefs, values, and actions and/or that set out appropriate ethical behaviour for employees is often called a _______.

Accepted Answer

The answer of A voluntary statement that commits an organization,...

Which of the following is not one of the issues that Zadek et al (1997) have proposed as the key principles of good social accounting?

Codes of ethics are typically applicable globally and do not need altering depending on the country or region in which multinational enterprises operate.

______________ describes businesses efforts to minimize the negative environmental impact of a firm's products throughout their lifecycle.

The AA1000s Assurance standard was the first attempt to provide a coherent and robust basis for assuring a public report and its underlying processes, systems and competences.

Match the ethics-related term to its correct description. -Business ethics management

Which of the following is an environmental management system drafted by the European commission which involves strong employee involvement and compliance with environmental legislation ensured by government supervision?

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -External orientation

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -Values orientation

Match the following reasons that firms should engage in social accounting -Improved stakeholder management.

Match the following reasons that firms should engage in social accounting -Enhanced accountability and transparency

Crane et al identify four main types of ethical codes. Read the following carefully and choose which of the following is not one of these four main types.

Match the ethics-related term to its correct description. -Ethics consultants

What are some essential distinguishing elements of social accounting? Choose all that apply.

Match the ethics-related term to its correct description. -Ethics education

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -Protection orientation

or statements are statements outlining corporate aims, beliefs and values, which increasingly include social, ethical and environmental goals.

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -Compliance orientation

Match the ethics-related term to its correct description. -Ethics governance processes

Match the following reasons that firms should engage in social accounting -Internal and external pressure

A voluntary statement that commits an organization, industry, or profession to specific beliefs, values, and actions and/or that set out appropriate ethical behaviour for employees is often called a _______.

Introducing Business

Framing Business

Corporate Responsibility, Stakeholders, and Citizenship3 Evaluating Business

Making Decisions in Business Ethics: Descriptive

Shareholders and Business

Employees and Business

Consumers and Business

Suppliers, Competitors, and Business

Civil Society and Business

Government, Regulation, and Business

Filters

Exam 5: Managing Business

Which of the following is not one of the issues that Zadek et al (1997) have proposed as the key principles of good social accounting?

Codes of ethics are typically applicable globally and do not need altering depending on the country or region in which multinational enterprises operate.

______________ describes businesses efforts to minimize the negative environmental impact of a firm's products throughout their lifecycle.

The AA1000s Assurance standard was the first attempt to provide a coherent and robust basis for assuring a public report and its underlying processes, systems and competences.

Match the ethics-related term to its correct description. -Business ethics management

Which of the following is an environmental management system drafted by the European commission which involves strong employee involvement and compliance with environmental legislation ensured by government supervision?

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -External orientation

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -Values orientation

Match the following reasons that firms should engage in social accounting -Improved stakeholder management.

Match the following reasons that firms should engage in social accounting -Enhanced accountability and transparency

Crane et al identify four main types of ethical codes. Read the following carefully and choose which of the following is not one of these four main types.

Match the ethics-related term to its correct description. -Ethics consultants

What are some essential distinguishing elements of social accounting? Choose all that apply.

Match the ethics-related term to its correct description. -Ethics education

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -Protection orientation

______ or ______ statements are statements outlining corporate aims, beliefs and values, which increasingly include social, ethical and environmental goals.

Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description. -Compliance orientation

Match the ethics-related term to its correct description. -Ethics governance processes

Match the following reasons that firms should engage in social accounting -Internal and external pressure

A voluntary statement that commits an organization, industry, or profession to specific beliefs, values, and actions and/or that set out appropriate ethical behaviour for employees is often called a _______.

Introducing Business

Framing Business

Corporate Responsibility, Stakeholders, and Citizenship3 Evaluating Business

Making Decisions in Business Ethics: Descriptive

Shareholders and Business

Employees and Business

Consumers and Business

Suppliers, Competitors, and Business

Civil Society and Business

Government, Regulation, and Business

Filters

or statements are statements outlining corporate aims, beliefs and values, which increasingly include social, ethical and environmental goals.