Question 1

Which approach to ethical decision making tends to be more flexible?

Accepted Answer

A)  Individualism 
B)  Rights 
C)  Utilitarianism 
D)  Justice 
A)  Individualism 
B)  Rights 
C)  Utilitarianism 
D)  Justice

Question 2

How can managers influence the ethical behavior of their direct reports?

Accepted Answer

Managers can influence the ethical behav

Question 3

What are the benefits and costs of social responsibility?

Accepted Answer

The benefits of social responsibility in

Question 4

The front-page test in making ethical choices asks "How would I feel if my decision became a headline in a local newspaper?"

Accepted Answer

A) True 
 B)False

Question 5

Eli Lilly & Company's policy that employees may not conduct business with a company with which they or their relatives are associated, unless Eli Lilly has given specific approval and authorization, is an example of an ethical policy statement.

Accepted Answer

A) True 
 B)False

Question 6

Which of the following is not one of the key ethical approaches to making business decisions?

Accepted Answer

A)  Utilitarianism 
B)  Democratic approach 
C)  Individualism 
D)  Rights approach 
A)  Utilitarianism 
B)  Democratic approach 
C)  Individualism 
D)  Rights approach

Question 7

Those groups or individuals with a vested interest in the performance of a firm are referred to as

Accepted Answer

A)  stockholders. 
B)  stakeholders. 
C)  employees. 
D)  customers. 
A)  stockholders. 
B)  stakeholders. 
C)  employees. 
D)  customers.

Question 8

Which type of justice asks whether an employee received compensation equitable with performance?

Accepted Answer

A)  Distributive 
B)  Utilitarianism 
C)  Procedural 
D)  Individualism 
A)  Distributive 
B)  Utilitarianism 
C)  Procedural 
D)  Individualism

Question 9

A firm that has let social responsibility dominate its business strategy in a way that distracted management's attention from earning profits is

Accepted Answer

A)  Enron. 
B)  Ben & Jerry's Ice Cream. 
C)  Starbuck's 
D)  WorldCom. 
A)  Enron. 
B)  Ben & Jerry's Ice Cream. 
C)  Starbuck's 
D)  WorldCom.

Question 10

Managers seeking to do business within foreign cultures that are more tolerant of bribery and kickbacks should use these practices to avoid losing business.

Accepted Answer

A) True 
 B)False

Question 11

Organizational stakeholders

Accepted Answer

A)  are only those in the external environment such as customers. 
B)  are stockholders. 
C)  may be part of both the internal or external environment of an organization. 
D)  are only those internal who have an interest in the organization such as employees. 
A)  are only those in the external environment such as customers. 
B)  are stockholders. 
C)  may be part of both the internal or external environment of an organization. 
D)  are only those internal who have an interest in the organization such as employees.

Question 12

A positive role model for corporate whistleblowers is

Accepted Answer

A)  Kenneth Lay. 
B)  Jack Welch. 
C)  Milton Friedman. 
D)  Sherron Watkins. 
A)  Kenneth Lay. 
B)  Jack Welch. 
C)  Milton Friedman. 
D)  Sherron Watkins.

Question 13

Business ethics is the same thing as laws.

Accepted Answer

A) True 
 B)False

Question 14

The justice approach is more flexible than other ethical approaches because it recognizes that standards of fairness vary depending on the individuals involved in the decision.

Accepted Answer

A) True 
 B)False

Question 15

When Levi Strauss lost market share and profits decreased in the late 1990s, shareholders blamed the CEO for

Accepted Answer

A)  failing to address a social responsibility agenda. 
B)  focusing too narrowly on only profit maximization. 
C)  giving too high a priority to corporate social responsibility. 
D)  giving market share to Wrangler. 
A)  failing to address a social responsibility agenda. 
B)  focusing too narrowly on only profit maximization. 
C)  giving too high a priority to corporate social responsibility. 
D)  giving market share to Wrangler.

Question 16

Stakeholder groups have specific interests that are in agreement with the interests of management and other stakeholder groups.

Accepted Answer

A) True 
 B)False

Question 17

The approach to dealing with stakeholder concerns that has the highest commitment to social responsibility is

Accepted Answer

A)  Confrontation strategy 
B)  Damage control strategy 
C)  Accommodation strategy 
D)  Proactive strategy 
A)  Confrontation strategy 
B)  Damage control strategy 
C)  Accommodation strategy 
D)  Proactive strategy

Question 18

Very few large companies provide ethics training to create a more ethical climate.

Accepted Answer

A) True 
 B)False

Question 19

When you ask yourself whether you would be willing to be treated in the same manner, which ethical test is being used?

Accepted Answer

A)  The good neighbor test 
B)  Personal gain test 
C)  Front-page test 
D)  Golden-rule test 
A)  The good neighbor test 
B)  Personal gain test 
C)  Front-page test 
D)  Golden-rule test

Question 20

The Rainforest Action Network (RAN), People for the Ethical Treatment of Animals (PETA), and the National Council of Churches are examples of which type of stakeholder group?

Accepted Answer

A)  Employees 
B)  Government 
C)  Community 
D)  Social activist groups 
A)  Employees 
B)  Government 
C)  Community 
D)  Social activist groups

Which approach to ethical decision making tends to be more flexible?

How can managers influence the ethical behavior of their direct reports?

What are the benefits and costs of social responsibility?

The front-page test in making ethical choices asks "How would I feel if my decision became a headline in a local newspaper?"

Eli Lilly & Company's policy that employees may not conduct business with a company with which they or their relatives are associated, unless Eli Lilly has given specific approval and authorization, is an example of an ethical policy statement.

Which of the following is not one of the key ethical approaches to making business decisions?

Those groups or individuals with a vested interest in the performance of a firm are referred to as

Which type of justice asks whether an employee received compensation equitable with performance?

A firm that has let social responsibility dominate its business strategy in a way that distracted management's attention from earning profits is

Managers seeking to do business within foreign cultures that are more tolerant of bribery and kickbacks should use these practices to avoid losing business.

Organizational stakeholders

A positive role model for corporate whistleblowers is

Business ethics is the same thing as laws.

The justice approach is more flexible than other ethical approaches because it recognizes that standards of fairness vary depending on the individuals involved in the decision.

When Levi Strauss lost market share and profits decreased in the late 1990s, shareholders blamed the CEO for

Stakeholder groups have specific interests that are in agreement with the interests of management and other stakeholder groups.

The approach to dealing with stakeholder concerns that has the highest commitment to social responsibility is

Very few large companies provide ethics training to create a more ethical climate.

When you ask yourself whether you would be willing to be treated in the same manner, which ethical test is being used?

The Rainforest Action Network (RAN), People for the Ethical Treatment of Animals (PETA), and the National Council of Churches are examples of which type of stakeholder group?

Management and Its Evolution

The Culture of Management

Managing Organizational Culture and Change

Managing the Planning Process

Decision Making

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

Filters

Exam 3: Managing Social Responsibility and Ethics

Which approach to ethical decision making tends to be more flexible?

How can managers influence the ethical behavior of their direct reports?

What are the benefits and costs of social responsibility?

The front-page test in making ethical choices asks "How would I feel if my decision became a headline in a local newspaper?"

Eli Lilly & Company's policy that employees may not conduct business with a company with which they or their relatives are associated, unless Eli Lilly has given specific approval and authorization, is an example of an ethical policy statement.

Which of the following is not one of the key ethical approaches to making business decisions?

Those groups or individuals with a vested interest in the performance of a firm are referred to as

Which type of justice asks whether an employee received compensation equitable with performance?

A firm that has let social responsibility dominate its business strategy in a way that distracted management's attention from earning profits is

Managers seeking to do business within foreign cultures that are more tolerant of bribery and kickbacks should use these practices to avoid losing business.

Organizational stakeholders

A positive role model for corporate whistleblowers is

Business ethics is the same thing as laws.

The justice approach is more flexible than other ethical approaches because it recognizes that standards of fairness vary depending on the individuals involved in the decision.

When Levi Strauss lost market share and profits decreased in the late 1990s, shareholders blamed the CEO for

Stakeholder groups have specific interests that are in agreement with the interests of management and other stakeholder groups.

The approach to dealing with stakeholder concerns that has the highest commitment to social responsibility is

Very few large companies provide ethics training to create a more ethical climate.

When you ask yourself whether you would be willing to be treated in the same manner, which ethical test is being used?

The Rainforest Action Network (RAN), People for the Ethical Treatment of Animals (PETA), and the National Council of Churches are examples of which type of stakeholder group?

Management and Its Evolution

The Culture of Management

Managing Organizational Culture and Change

Managing the Planning Process

Decision Making

Strategic Management

Entrepreneurship and Innovation

Managing the Structure and Design of Organizations

Human Resource Management

Managing Employee Diversity

Leadership in Management

Managing Teams

Managing Communication

Operation and Information System Management

Filters