Question 1

What are some of the basic values of Judeo-Christian ethics,shared by both Jewish and Christian religious traditions?

Accepted Answer

Judeo-Christian ethics refers to the com

Question 2

Which of the following is an internal examination by a company to measure its performance in relation to corporate social responsibility?

Accepted Answer

A)  a corporate watchdog analysis 
B)  self-reporting 
C)  a social audit 
D)  public ratings and rankings 
E)  code of ethics 
A)  a corporate watchdog analysis 
B)  self-reporting 
C)  a social audit 
D)  public ratings and rankings 
E)  code of ethics

Question 3

What are the benefits to a company of paying attention to corporate social responsibility?

Accepted Answer

Having a strong and clear ethical policy

Question 4

On what basis do fund managers who are working with clients who are interested in socially responsible investing decide which companies to include and exclude from the investment fund portfolio?

Accepted Answer

They look at the social and en

Question 5

At the Kaplan Thaler advertising agency,one of the firm's ethical principles is that their employees be empathetic.

Accepted Answer

A) True 
 B)False

Question 6

Since goods are more widely manufactured and sold in the global marketplace,this has caused U.S.companies to ________.

Accepted Answer

A)  have more control over ethical standards in other countries since governments are eager to meet the expectations of companies that wish to operate within their borders 
B)  close down offshore manufacturing facilities because of different ethical standards 
C)  respect and care for their employees in the U.S. with higher ethical standards 
D)  face difficult decisions about ethical standards on tough issues such as child labor, pollution, fair wages, and human rights 
E)  ignore ethical standards in their U.S. facilities to make them more competitive 
A)  have more control over ethical standards in other countries since governments are eager to meet the expectations of companies that wish to operate within their borders 
B)  close down offshore manufacturing facilities because of different ethical standards 
C)  respect and care for their employees in the U.S. with higher ethical standards 
D)  face difficult decisions about ethical standards on tough issues such as child labor, pollution, fair wages, and human rights 
E)  ignore ethical standards in their U.S. facilities to make them more competitive

Question 7

Sexual conduct outside the office will never impact the professional role of the employee involved.

Accepted Answer

A) True 
 B)False

Question 8

A toy company regularly donates some of its profits to charitable organizations.This company is exercising ________.

Accepted Answer

A)  self-reporting 
B)  corporate philanthropy 
C)  social audits 
D)  public ratings and rankings 
E)  socially responsible investing 
A)  self-reporting 
B)  corporate philanthropy 
C)  social audits 
D)  public ratings and rankings 
E)  socially responsible investing

Question 9

Several investors are looking for information about an up-and-coming soft drink company,Soft Sip.Which government agency ensures that the investors have access to this information?

Accepted Answer

A)  the Equal Employment Opportunity Commission 
B)  the Securities and Exchange Commission 
C)  the United States Department of Agriculture 
D)  the United States Congress 
E)  the Department of Health and Human Services 
A)  the Equal Employment Opportunity Commission 
B)  the Securities and Exchange Commission 
C)  the United States Department of Agriculture 
D)  the United States Congress 
E)  the Department of Health and Human Services

Question 10

Actions like purchasing energy from wind farms and choosing suppliers that are ecologically friendly to balance out the necessary carbon dioxide produced in other stages of manufacturing are examples of how socially responsible practices can threaten the profitability of a company.

Accepted Answer

A) True 
 B)False

Question 11

What are two ways that companies apply ethical standards to create new business opportunities?

Accepted Answer

Some businesses are tackling ethical iss

Question 12

A new school of psychology,established by Dr.Martin Seligman of the University of Pennsylvania,addresses the causes of happiness instead of looking into treatments for mental dysfunctions.This area of psychology is called ________.

Accepted Answer

A)  evaluative therapy 
B)  positivism 
C)  the happiness factor 
D)  positive psychology 
E)  moral relativism 
A)  evaluative therapy 
B)  positivism 
C)  the happiness factor 
D)  positive psychology 
E)  moral relativism

Question 13

When Gary Erickson,the founder of Clif Bar,Inc.,was about to accept an offer of $120 million for the company,he changed his mind because ________.

Accepted Answer

A)  the offer was too high 
B)  the offer was too low 
C)  the purchasers were planning to move Clif Bar out of state and fire all current employees 
D)  the purchasers were not intending to use renewable energy as the main power source for the company 
E)  the purchasers were not going to use exclusively organic ingredients to manufacture the energy bars 
A)  the offer was too high 
B)  the offer was too low 
C)  the purchasers were planning to move Clif Bar out of state and fire all current employees 
D)  the purchasers were not intending to use renewable energy as the main power source for the company 
E)  the purchasers were not going to use exclusively organic ingredients to manufacture the energy bars

Question 14

Unethical behavior is defined as behavior that does not conform to a set of approved standards of ________ behavior.

Accepted Answer

A)  amoral 
B)  diplomatic 
C)  social 
D)  religious 
E)  international 
A)  amoral 
B)  diplomatic 
C)  social 
D)  religious 
E)  international

Question 15

How do games help companies instill ethical decision-making in their employees? Provide an example of a company that uses games for this purpose.

Accepted Answer

The use of multimedia and a gaming envir

Question 16

What are three approaches that companies can use to maintain a policy of ethical conduct in its workplace?

Accepted Answer

Managers check sporadically to determine

Question 17

Which of the following steps would be LEAST likely to improve the culture of ethical and responsible conduct in a business?

Accepted Answer

A)  Calendars with the mission statement of the company can be printed and distributed for all employees to use at home and to give away at holiday time. 
B)  The mission statement can be posted throughout the workplace. 
C)  Managers can set clear examples for the standards of behavior expected. 
D)  Orientation programs can be offered to inform new employees of ethical standards in place and conduct expected of them. 
E)  Companies can employ ongoing ethics training programs designed to boost the awareness of their employees about ethics issues. 
A)  Calendars with the mission statement of the company can be printed and distributed for all employees to use at home and to give away at holiday time. 
B)  The mission statement can be posted throughout the workplace. 
C)  Managers can set clear examples for the standards of behavior expected. 
D)  Orientation programs can be offered to inform new employees of ethical standards in place and conduct expected of them. 
E)  Companies can employ ongoing ethics training programs designed to boost the awareness of their employees about ethics issues.

Question 18

Cindy is a popular actress and has won countless acting awards in her 15 years in the industry.People always ask her what her secret is,and Cindy tells them,"Hard work always pays off!" She adds that each time she acts she's giving her all.Cindy's belief is most likely in line with her ________.

Accepted Answer

A)  social ethics 
B)  personal ethics 
C)  political ethics 
D)  religious ethics 
E)  situational ethics 
A)  social ethics 
B)  personal ethics 
C)  political ethics 
D)  religious ethics 
E)  situational ethics

Question 19

Educating the local workforce is part of a thorough corporate social responsibility commitment.

Accepted Answer

A) True 
 B)False

Question 20

Which of the following is NOT an environmentally based corporate social responsibility issue?

Accepted Answer

A)  allowing chemical contaminants to enter the local groundwater system 
B)  trucking toxic substances to Mexico to regions where it is legal to recycle them 
C)  exposing employees to potentially hazardous materials 
D)  allowing a negative corporate culture to adversely affect employees 
E)  moving a "dirty industry" overseas where environmental regulation is lacking 
A)  allowing chemical contaminants to enter the local groundwater system 
B)  trucking toxic substances to Mexico to regions where it is legal to recycle them 
C)  exposing employees to potentially hazardous materials 
D)  allowing a negative corporate culture to adversely affect employees 
E)  moving a "dirty industry" overseas where environmental regulation is lacking

Exam 3: Ethics in Business

What are some of the basic values of Judeo-Christian ethics,shared by both Jewish and Christian religious traditions?

Which of the following is an internal examination by a company to measure its performance in relation to corporate social responsibility?

What are the benefits to a company of paying attention to corporate social responsibility?

On what basis do fund managers who are working with clients who are interested in socially responsible investing decide which companies to include and exclude from the investment fund portfolio?

At the Kaplan Thaler advertising agency,one of the firm's ethical principles is that their employees be empathetic.

Since goods are more widely manufactured and sold in the global marketplace,this has caused U.S.companies to ________.

Sexual conduct outside the office will never impact the professional role of the employee involved.

A toy company regularly donates some of its profits to charitable organizations.This company is exercising ________.

Several investors are looking for information about an up-and-coming soft drink company,Soft Sip.Which government agency ensures that the investors have access to this information?

Actions like purchasing energy from wind farms and choosing suppliers that are ecologically friendly to balance out the necessary carbon dioxide produced in other stages of manufacturing are examples of how socially responsible practices can threaten the profitability of a company.

What are two ways that companies apply ethical standards to create new business opportunities?

A new school of psychology,established by Dr.Martin Seligman of the University of Pennsylvania,addresses the causes of happiness instead of looking into treatments for mental dysfunctions.This area of psychology is called ________.

When Gary Erickson,the founder of Clif Bar,Inc.,was about to accept an offer of $120 million for the company,he changed his mind because ________.

Unethical behavior is defined as behavior that does not conform to a set of approved standards of ________ behavior.

How do games help companies instill ethical decision-making in their employees? Provide an example of a company that uses games for this purpose.

What are three approaches that companies can use to maintain a policy of ethical conduct in its workplace?

Which of the following steps would be LEAST likely to improve the culture of ethical and responsible conduct in a business?

Cindy is a popular actress and has won countless acting awards in her 15 years in the industry.People always ask her what her secret is,and Cindy tells them,"Hard work always pays off!" She adds that each time she acts she's giving her all.Cindy's belief is most likely in line with her ________.

Educating the local workforce is part of a thorough corporate social responsibility commitment.

Which of the following is NOT an environmentally based corporate social responsibility issue?

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