Question 1

"Nice guys finish last." and "Hard work always pays off" are examples of ________.

Accepted Answer

A)  goals 
B)  beliefs 
C)  virtues 
D)  behaviors 
E)  belief origins 
A)  goals 
B)  beliefs 
C)  virtues 
D)  behaviors 
E)  belief origins

Question 2

How can the creation of a personal ethical system be of assistance in making decisions?

Accepted Answer

If you have a clear idea of which values

Question 3

When the banana supplier Chiquita begins to improve conditions for its workers by constructing schools for employees' families,this is an example of which of the pillars of corporate social responsibility?

Accepted Answer

A)  human rights and employment standards in the workplace 
B)  environmental, health, and safety concerns 
C)  ethical sourcing and procurement 
D)  marketing and consumer issues 
E)  ethics training program 
A)  human rights and employment standards in the workplace 
B)  environmental, health, and safety concerns 
C)  ethical sourcing and procurement 
D)  marketing and consumer issues 
E)  ethics training program

Question 4

The practice of reporting to stockholders about corporate social responsibility and the ethical advances of a company is known as ________.

Accepted Answer

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

Question 5

When shoppers boycotted Target because the chain had a policy of not allowing solicitors,including the Salvation Army,to collect money outside their doors,Target responded by ________.

Accepted Answer

A)  donating $9 million to the Salvation Army 
B)  launching an advertising campaign claiming that the company supported a variety of charities and did not include the Salvation Army 
C)  creating a department in its stores for inexpensive used goods 
D)  allowing solicitors, including the indigent homeless, to solicit money just inside the front entrances to their stores 
E)  defensively pointing to the 5 percent of their income they had invested in local communities since 1946 
A)  donating $9 million to the Salvation Army 
B)  launching an advertising campaign claiming that the company supported a variety of charities and did not include the Salvation Army 
C)  creating a department in its stores for inexpensive used goods 
D)  allowing solicitors, including the indigent homeless, to solicit money just inside the front entrances to their stores 
E)  defensively pointing to the 5 percent of their income they had invested in local communities since 1946

Question 6

Living ethically can provide all of the following benefits EXCEPT ________.

Accepted Answer

A)  reduced stress-related ailments 
B)  improved personal happiness 
C)  heightened agreement between personal and communal values 
D)  improved capability of dealing with challenging situations 
E)  avoidance of a variety of kinds of mental and physical damage 
A)  reduced stress-related ailments 
B)  improved personal happiness 
C)  heightened agreement between personal and communal values 
D)  improved capability of dealing with challenging situations 
E)  avoidance of a variety of kinds of mental and physical damage

Question 7

Seventy percent of the population of sub-Saharan Africa exists on less than $2 a day and is unable to pay for medications at a price point that would reimburse pharmaceutical companies for their research investment in medications to treat AIDS,tuberculosis,and malaria.How does this relate to the demands of corporate social responsibility?

Accepted Answer

Pharmaceutical companies are businesses

Question 8

Consumers have only a company's code of ethics and mission statement to evaluate the acts of responsibility and legal violations by any given company.

Accepted Answer

A) True 
 B)False

Question 9

Name and describe an aspect of corporate social responsibility that the semiconductor manufacturers in the Silicon Valley area around San Francisco need to address.

Accepted Answer

Semiconductor manufacturers need to be c

Question 10

Socially responsible investing (SRI)is defined as investing only in companies that have met a certain standard of ________.

Accepted Answer

A)  social acceptability 
B)  global impact 
C)  corporate social responsibility 
D)  financial transparency 
E)  social media usage 
A)  social acceptability 
B)  global impact 
C)  corporate social responsibility 
D)  financial transparency 
E)  social media usage

Question 11

Companies must uphold their moral and ethical obligations to consumers above their need to respond to investors.

Accepted Answer

A) True 
 B)False

Question 12

What is a company's unique responsibility to its stockholders?

Accepted Answer

A)  to make a profit 
B)  to produce products that the public will find useful 
C)  to provide jobs to workers 
D)  to create a stable balance sheet between income and expenses 
E)  to be a good corporate neighbor 
A)  to make a profit 
B)  to produce products that the public will find useful 
C)  to provide jobs to workers 
D)  to create a stable balance sheet between income and expenses 
E)  to be a good corporate neighbor

Question 13

Corporate social responsibility is mainly concerned with how a company affects the ________.

Accepted Answer

A)  family 
B)  investor 
C)  community 
D)  vendors 
E)  stockholders 
A)  family 
B)  investor 
C)  community 
D)  vendors 
E)  stockholders

Question 14

Low-level employees at companies that have ongoing ethics training programs learn how to decide whether to follow the advice of their leaders.

Accepted Answer

A) True 
 B)False

Question 15

A company's track record of legal compliance can be used to evaluate a company's ethical conduct.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is NOT an example of how corporate social responsibility can be consistent with profitability?

Accepted Answer

A)  using recycled styrofoam as cups in a coffee shop 
B)  offering bonuses to employees who embellish profit and loss statements 
C)  paying employees in a developing nation more than the minimum 
D)  encouraging employees to volunteer within the local community 
E)  improving environmental practices in their factories and plants 
A)  using recycled styrofoam as cups in a coffee shop 
B)  offering bonuses to employees who embellish profit and loss statements 
C)  paying employees in a developing nation more than the minimum 
D)  encouraging employees to volunteer within the local community 
E)  improving environmental practices in their factories and plants

Question 17

Jeremy is a telemarketer who is hearing impaired.His hearing aid helps him take calls at work and this compensates for his disability.He accidentally broke his hearing aid and did not have the money to replace it.He asked for an advance on salary and was refused.He asked for a loan and was refused.As a result,Jeremy was unable to take calls from customers and he was fired from his job because of "poor performance." Which government agency shall he call to help Jeremy in this situation?

Accepted Answer

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

Question 18

The right to be heard is one of the four ethical standards made into a legal right by the 1962 Consumer Bill of Rights.

Accepted Answer

A) True 
 B)False

Question 19

Name at least three of the ways it is possible to measure a company's level of corporate social responsibility.

Accepted Answer

Four ways to measure a company's corpora

Question 20

According to moral relativism ________.

Accepted Answer

A)  gossiping creates a more divisive workplace 
B)  everyone is equal in the eye of the law 
C)  no single view is more valid than any other 
D)  people make decisions based on specific situation instead of universal laws 
E)  applying the Golden Rule is more important than complex sets of moral rules 
A)  gossiping creates a more divisive workplace 
B)  everyone is equal in the eye of the law 
C)  no single view is more valid than any other 
D)  people make decisions based on specific situation instead of universal laws 
E)  applying the Golden Rule is more important than complex sets of moral rules

"Nice guys finish last." and "Hard work always pays off" are examples of ________.

How can the creation of a personal ethical system be of assistance in making decisions?

When the banana supplier Chiquita begins to improve conditions for its workers by constructing schools for employees' families,this is an example of which of the pillars of corporate social responsibility?

The practice of reporting to stockholders about corporate social responsibility and the ethical advances of a company is known as ________.

When shoppers boycotted Target because the chain had a policy of not allowing solicitors,including the Salvation Army,to collect money outside their doors,Target responded by ________.

Living ethically can provide all of the following benefits EXCEPT ________.

Consumers have only a company's code of ethics and mission statement to evaluate the acts of responsibility and legal violations by any given company.

Name and describe an aspect of corporate social responsibility that the semiconductor manufacturers in the Silicon Valley area around San Francisco need to address.

Socially responsible investing (SRI)is defined as investing only in companies that have met a certain standard of ________.

Companies must uphold their moral and ethical obligations to consumers above their need to respond to investors.

What is a company's unique responsibility to its stockholders?

Corporate social responsibility is mainly concerned with how a company affects the ________.

Low-level employees at companies that have ongoing ethics training programs learn how to decide whether to follow the advice of their leaders.

A company's track record of legal compliance can be used to evaluate a company's ethical conduct.

Which of the following is NOT an example of how corporate social responsibility can be consistent with profitability?

The right to be heard is one of the four ethical standards made into a legal right by the 1962 Consumer Bill of Rights.

Name at least three of the ways it is possible to measure a company's level of corporate social responsibility.

According to moral relativism ________.

Business Basics

Economics and Banking

Business in a Global Economy

Small Business and the Entrepreneur

Forms of Business Ownership

Business Management and Organization

Motivation, Leadership, and Teamwork

Human Resource Management

Online Business and Technology

Production, operations, and the Supply Chain

Marketing and Consumer Behavior

Product Development and Pricing Strategies

Promotion and Distribution

Financing and Tracking Business Operations

Investment Opportunities in the Securities Market

Business Law

Constructing an Effective Business Plan

Business Communications

Finding a Job

Personal Finance

Filters

Exam 3: Ethics in Business

"Nice guys finish last." and "Hard work always pays off" are examples of ________.

How can the creation of a personal ethical system be of assistance in making decisions?

When the banana supplier Chiquita begins to improve conditions for its workers by constructing schools for employees' families,this is an example of which of the pillars of corporate social responsibility?

The practice of reporting to stockholders about corporate social responsibility and the ethical advances of a company is known as ________.

When shoppers boycotted Target because the chain had a policy of not allowing solicitors,including the Salvation Army,to collect money outside their doors,Target responded by ________.

Living ethically can provide all of the following benefits EXCEPT ________.

Consumers have only a company's code of ethics and mission statement to evaluate the acts of responsibility and legal violations by any given company.

Name and describe an aspect of corporate social responsibility that the semiconductor manufacturers in the Silicon Valley area around San Francisco need to address.

Socially responsible investing (SRI)is defined as investing only in companies that have met a certain standard of ________.

Companies must uphold their moral and ethical obligations to consumers above their need to respond to investors.

What is a company's unique responsibility to its stockholders?

Corporate social responsibility is mainly concerned with how a company affects the ________.

Low-level employees at companies that have ongoing ethics training programs learn how to decide whether to follow the advice of their leaders.

A company's track record of legal compliance can be used to evaluate a company's ethical conduct.

Which of the following is NOT an example of how corporate social responsibility can be consistent with profitability?

The right to be heard is one of the four ethical standards made into a legal right by the 1962 Consumer Bill of Rights.

Name at least three of the ways it is possible to measure a company's level of corporate social responsibility.

According to moral relativism ________.

Business Basics

Economics and Banking

Business in a Global Economy

Small Business and the Entrepreneur

Forms of Business Ownership

Business Management and Organization

Motivation, Leadership, and Teamwork

Human Resource Management

Online Business and Technology

Production, operations, and the Supply Chain

Marketing and Consumer Behavior

Product Development and Pricing Strategies

Promotion and Distribution

Financing and Tracking Business Operations

Investment Opportunities in the Securities Market

Business Law

Constructing an Effective Business Plan

Business Communications

Finding a Job

Personal Finance

Filters