Question 1

________ is/are the narrowest level of ethical standards.

Accepted Answer

A)  The law 
B)  Organizational policies and procedures 
C)  Social responsibility 
D)  The moral stance 
A)  The law 
B)  Organizational policies and procedures 
C)  Social responsibility 
D)  The moral stance

Question 2

Studies show that companies with strong ethical cultures experience fewer ethical violations than those with weak ethical cultures.

Accepted Answer

A) True 
 B)False

Question 3

What are the ethical tests for judging behavior?

Accepted Answer

There are six ethical tests for judging

Question 4

The three "R's" of socially responsible business are "reuse," "recycle," and "________".

Accepted Answer

A)  reenergize 
B)  reinvent 
C)  reduce 
D)  retrofit 
A)  reenergize 
B)  reinvent 
C)  reduce 
D)  retrofit

Question 5

Workers believe the actions of those in charge more than their words.

Accepted Answer

A) True 
 B)False

Question 6

The triple bottom line covers "profits, products, and planet."

Accepted Answer

A) True 
 B)False

Question 7

There is no connection between social responsibility and profitability.

Accepted Answer

A) True 
 B)False

Question 8

Currently, minority workers make up more than ________ percent of the workforce.

Accepted Answer

A)  13 
B)  23 
C)  33 
D)  43 
A)  13 
B)  23 
C)  33 
D)  43

Question 9

The ________ is the narrowest level of ethical standards.

Accepted Answer

A)  mission 
B)  law 
C)  strategic plan 
D)  financial plan 
A)  mission 
B)  law 
C)  strategic plan 
D)  financial plan

Question 10

By ________, the majority of the workforce in the United States will be a member of a minority.

Accepted Answer

A)  2021 
B)  2039 
C)  2028 
D)  2019 
A)  2021 
B)  2039 
C)  2028 
D)  2019

Question 11

Entrepreneurs build the foundation for ethical decision making by understanding how their personal values come to life in business situations.

Accepted Answer

A) True 
 B)False

Question 12

Which of the following is not something that a small business owner should do to manage a culturally diverse workforce successfully?

Accepted Answer

A)  Learn to recognize and correct other's biases and stereotypes. 
B)  Avoid making invalid assumptions. 
C)  Concentrate on communication. 
D)  Continue to adjust your company to your workers. 
A)  Learn to recognize and correct other's biases and stereotypes. 
B)  Avoid making invalid assumptions. 
C)  Concentrate on communication. 
D)  Continue to adjust your company to your workers.

Question 13

One of the most important group of stakeholders that a business must satisfy is its ________.

Accepted Answer

A)  customers 
B)  employees 
C)  investors 
D)  banks 
A)  customers 
B)  employees 
C)  investors 
D)  banks

Question 14

According to the ________, one should "choose the option that offers the greatest good for the greatest number of people."

Accepted Answer

A)  television test 
B)  utilitarian principle 
C)  family test 
D)  golden rule 
A)  television test 
B)  utilitarian principle 
C)  family test 
D)  golden rule

Question 15

The ________ sets behavioral boundaries for decision makers.

Accepted Answer

A)  strategic plan 
B)  strategy 
C)  ethics 
D)  financial plan 
A)  strategic plan 
B)  strategy 
C)  ethics 
D)  financial plan

Question 16

Sexual harassment is a violation of Title VII of the Civil Rights Act of 1964.

Accepted Answer

A) True 
 B)False

Question 17

________ sets behavioral boundaries for decision makers.

Accepted Answer

A)  Strategic plan 
B)  Strategy 
C)  Social responsibility 
D)  Financial plan 
A)  Strategic plan 
B)  Strategy 
C)  Social responsibility 
D)  Financial plan

Question 18

Although earning a profit may be a company's first responsibility, it is not its only responsibility.

Accepted Answer

A) True 
 B)False

Question 19

Actions that are legal, however, may not be ethical.

Accepted Answer

A) True 
 B)False

Question 20

By 2039, the majority of the workforce in the United States will be a member of a minority.

Accepted Answer

A) True 
 B)False

________ is/are the narrowest level of ethical standards.

Studies show that companies with strong ethical cultures experience fewer ethical violations than those with weak ethical cultures.

What are the ethical tests for judging behavior?

The three "R's" of socially responsible business are "reuse," "recycle," and "________".

Workers believe the actions of those in charge more than their words.

The triple bottom line covers "profits, products, and planet."

There is no connection between social responsibility and profitability.

Currently, minority workers make up more than ________ percent of the workforce.

The ________ is the narrowest level of ethical standards.

By ________, the majority of the workforce in the United States will be a member of a minority.

Entrepreneurs build the foundation for ethical decision making by understanding how their personal values come to life in business situations.

Which of the following is not something that a small business owner should do to manage a culturally diverse workforce successfully?

One of the most important group of stakeholders that a business must satisfy is its ________.

According to the ________, one should "choose the option that offers the greatest good for the greatest number of people."

The ________ sets behavioral boundaries for decision makers.

Sexual harassment is a violation of Title VII of the Civil Rights Act of 1964.

________ sets behavioral boundaries for decision makers.

Although earning a profit may be a company's first responsibility, it is not its only responsibility.

Actions that are legal, however, may not be ethical.

By 2039, the majority of the workforce in the United States will be a member of a minority.

The Foundations of Entrepreneurship

Inside the Entrepreneurial Mind: From Ideas to Reality

Conducting a Feasibility Analysis and Designing a Business Model

Crafting a Business Plan and Building a Solid Strategic Plan

Forms of Business Ownership and Buying an Existing Business

Franchising and the Entrepreneur

Building a Powerful Bootstrap Marketing Plan

E-Commerce and the Entrepreneur

Pricing and Credit Strategies

Creating a Successful Financial Plan

Managing Cash Flow

Sources of Financing: Debt and Equity

Choosing the Right Location and Layout

Global Opportunities

Building a Team and Management Succession

Filters

Exam 2: Ethics and Social Responsibility: Doing the Right Thing

________ is/are the narrowest level of ethical standards.

Studies show that companies with strong ethical cultures experience fewer ethical violations than those with weak ethical cultures.

What are the ethical tests for judging behavior?

The three "R's" of socially responsible business are "reuse," "recycle," and "________".

Workers believe the actions of those in charge more than their words.

The triple bottom line covers "profits, products, and planet."

There is no connection between social responsibility and profitability.

Currently, minority workers make up more than ________ percent of the workforce.

The ________ is the narrowest level of ethical standards.

By ________, the majority of the workforce in the United States will be a member of a minority.

Entrepreneurs build the foundation for ethical decision making by understanding how their personal values come to life in business situations.

Which of the following is not something that a small business owner should do to manage a culturally diverse workforce successfully?

One of the most important group of stakeholders that a business must satisfy is its ________.

According to the ________, one should "choose the option that offers the greatest good for the greatest number of people."

The ________ sets behavioral boundaries for decision makers.

Sexual harassment is a violation of Title VII of the Civil Rights Act of 1964.

________ sets behavioral boundaries for decision makers.

Although earning a profit may be a company's first responsibility, it is not its only responsibility.

Actions that are legal, however, may not be ethical.

By 2039, the majority of the workforce in the United States will be a member of a minority.

The Foundations of Entrepreneurship

Inside the Entrepreneurial Mind: From Ideas to Reality

Conducting a Feasibility Analysis and Designing a Business Model

Crafting a Business Plan and Building a Solid Strategic Plan

Forms of Business Ownership and Buying an Existing Business

Franchising and the Entrepreneur

Building a Powerful Bootstrap Marketing Plan

E-Commerce and the Entrepreneur

Pricing and Credit Strategies

Creating a Successful Financial Plan

Managing Cash Flow

Sources of Financing: Debt and Equity

Choosing the Right Location and Layout

Global Opportunities

Building a Team and Management Succession

Filters