Exam 2: Business Ethics and Social Responsibility
Exam 1: The Dynamics of Business and Economics54 Questions
Exam 2: Business Ethics and Social Responsibility56 Questions
Exam 3: Business in a Borderless World63 Questions
Exam 4: Options for Organizing Business59 Questions
Exam 5: Small Business, Entrepreneurship, and Franchising65 Questions
Exam 6: The Nature of Management64 Questions
Exam 7: Organization, Teamwork, and Communication54 Questions
Exam 8: Managing Operations and Supply Chains57 Questions
Exam 9: Motivating the Workforce61 Questions
Exam 10: Managing Human Resources63 Questions
Exam 11: Customer-Driven Marketing53 Questions
Exam 12: Dimensions of Marketing Strategy62 Questions
Exam 13: Digital Marketing and Social Networking63 Questions
Exam 14: Accounting and Financial Statements55 Questions
Exam 15: Money and the Financial System59 Questions
Exam 16: Financial Management and Securities Markets53 Questions
Exam 17: Personal Financial Planning and Legal and Regulatory Environment148 Questions
Exam 18: Appendix A: Guidelines for the Development of the Business Plan28 Questions
Exam 19: Appendix B: Personal Career Plan35 Questions
Exam 20: Appendix C: Risk: The Basics of Risk Management42 Questions
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Which of the following best exemplifies a company with a strong ethical culture?
Free
(Multiple Choice)
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Correct Answer:
A
Daniel notices that one of his colleagues arrives late and leaves early from work every day. In deciding whether or not to report this behavior, what must he do first?
Free
(Multiple Choice)
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Correct Answer:
D
John F. Kennedy's consumer bill of rights outlined four rights: the right to be informed, the right to choose, the right to be heard, and the right to
(Multiple Choice)
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What is true about the role of the Federal Trade Commission's Bureau of Consumer Protection?
(Multiple Choice)
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Which of the following is NOT a question to consider in determining whether an action is ethical?
(Multiple Choice)
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Braxton Foods, Inc. started using a new preservative in its products. However, it didn't include anywhere on its packaging that this preservative could cause an allergic reaction to people who are allergic to milk products. This is a violation of the consumers' right to
(Multiple Choice)
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A set of formalized rules and standards that describes what a company expects of its employees is called a
(Multiple Choice)
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Which statement is true regarding business ethics and social responsibility?
(Multiple Choice)
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Lance's boss often goes on Facebook at work. As a result, the rest of his team goes on Facebook as well. This is an example of which factor of influence regarding ethical behavior?
(Multiple Choice)
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Joylene and Kurt are competing for a promotion. Hoping to sway her manager to promote her over Kurt, Joylene gives her manager an expensive bottle of wine. This is an example of
(Multiple Choice)
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A business must choose to be either profitable or socially responsible; they cannot be both.
(True/False)
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What has research shown regarding the relationship between social responsibility and profitability?
(Multiple Choice)
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Which law reformed the financial industry and offered consumers protection against complex and/or deceptive financial products?
(Multiple Choice)
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Tracor Industries decided to buy less expensive materials from a foreign supplier that resulted in a significant reduction in the quality of its product. As a result, company sales dropped, many retailers refused to carry the product, and consumers left negative reviews online about the product. This is an example of
(Multiple Choice)
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When it comes to ethical behavior, co-workers and superiors exert significant control over one's choices at work through authority and example.
(True/False)
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All of the following are ways businesses are working to resolve environmental concerns EXCEPT
(Multiple Choice)
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Spending an excessive amount of time on personal e-mails, submitting personal expenses on company expense reports, and using the company copier for personal use are all examples of
(Multiple Choice)
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People in the entertainment industry claim that requiring warning labels on movies and videogames violates their ________ right.
(Multiple Choice)
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A local landscaping company donates and plants a tree in the community for every new client that uses its landscaping design services. This exhibits the company's
(Multiple Choice)
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