Question 1

One major reason for improving product safety is the consumer's demand for safe products.

Accepted Answer

A) True 
 B)False

Question 2

Mattel, the maker of Barbie dolls, frequently shows television ads aimed at children on Saturday mornings, when many children are known to watch cartoons. Some of these ads mix cartoon-type animation and "real" shots of the dolls so that it is sometimes difficult for even an adult to determine what the doll can or cannot do. This most likely represents

Accepted Answer

A) a conflict of interest. 
B) an ethical problem because children may be deceived about what Barbie can do. 
C) an ethical concern for many creditors of Mattel. 
D) illegal payoffs, if parents are getting more than they actually know they are paying for. 
E) that Mattel employees need better working conditions and higher pay. 
A) a conflict of interest. 
B) an ethical problem because children may be deceived about what Barbie can do. 
C) an ethical concern for many creditors of Mattel. 
D) illegal payoffs, if parents are getting more than they actually know they are paying for. 
E) that Mattel employees need better working conditions and higher pay.

Question 3

What are the two major problems that affirmative action programs have faced?

Accepted Answer

A) Quotas and lack of acceptance by some businesspeople 
B) Unrealistic expectations and strict enforcement 
C) Lack of enforcement and lack of acceptance 
D) Reverse discrimination and lawsuits 
E) Quotas and the EEOC 
A) Quotas and lack of acceptance by some businesspeople 
B) Unrealistic expectations and strict enforcement 
C) Lack of enforcement and lack of acceptance 
D) Reverse discrimination and lawsuits 
E) Quotas and the EEOC

Question 4

When medical research indicated that a high-fiber diet might help reduce one's risk of colon cancer, a few producers of fiber cereals suggested in their advertisements that if you eat fiber cereal, you will not get cancer. This is an example of

Accepted Answer

A) an unethical organizational relationship. 
B) a conflict of interest. 
C) social responsibility. 
D) unethical communications. 
E) ethical persuasion. 
A) an unethical organizational relationship. 
B) a conflict of interest. 
C) social responsibility. 
D) unethical communications. 
E) ethical persuasion.

Question 5

Ethical issues often arise out of business's relationships with investors, customers, employees, creditors, or competitors.

Accepted Answer

A) True 
 B)False

Question 6

Social responsibility

Accepted Answer

A) has little or no associated costs. 
B) can be extremely expensive and provides very little benefit to a company. 
C) has become less important as businesses become more competitive. 
D) is generally a crafty scheme to put competitors out of business. 
E) is costly but provides tremendous benefits to society and the business. 
A) has little or no associated costs. 
B) can be extremely expensive and provides very little benefit to a company. 
C) has become less important as businesses become more competitive. 
D) is generally a crafty scheme to put competitors out of business. 
E) is costly but provides tremendous benefits to society and the business.

Question 7

Investors expect management to do all of the following except

Accepted Answer

A) consult them on ethical decisions. 
B) increase sales. 
C) boost the company's profit. 
D) increase the return to the investor. 
E) make sensible financial decisions. 
A) consult them on ethical decisions. 
B) increase sales. 
C) boost the company's profit. 
D) increase the return to the investor. 
E) make sensible financial decisions.

Question 8

An individual's moral values and central, value-related attitudes clearly influence one's business behavior.

Accepted Answer

A) True 
 B)False

Question 9

Affirmative action plans encompass all areas of human resources management, including recruiting, hiring, training, promotion, and pay.

Accepted Answer

A) True 
 B)False

Question 10

Which of the following is the most important legislation in improving the condition of U.S. waters?

Accepted Answer

A) National Environmental Policy Act 
B) Clean Water Act 
C) Water Quality Improvement Act 
D) Water Pollution Control Act 
E) Resource Conservation and Recovery Act 
A) National Environmental Policy Act 
B) Clean Water Act 
C) Water Quality Improvement Act 
D) Water Pollution Control Act 
E) Resource Conservation and Recovery Act

Question 11

During the 1980s, very few organizations created and implemented ethics codes.

Accepted Answer

A) True 
 B)False

Question 12

Fortunately, the acid-rain problem has been solved in recent years.

Accepted Answer

A) True 
 B)False

Question 13

The economic model of social responsibility was developed in a period when the primary concern of firms was

Accepted Answer

A) long-term success and profitability. 
B) improving the quality of life. 
C) short-run profits and survival. 
D) complete customer satisfaction and expansion. 
E) having safe and satisfied employees. 
A) long-term success and profitability. 
B) improving the quality of life. 
C) short-run profits and survival. 
D) complete customer satisfaction and expansion. 
E) having safe and satisfied employees.

Question 14

A major way technology affects land pollution is the potential for

Accepted Answer

A) worsening the problem. 
B) creating resource scarcity. 
C) decreasing pollution problems. 
D) exploitation. 
E) increasing pollution control. 
A) worsening the problem. 
B) creating resource scarcity. 
C) decreasing pollution problems. 
D) exploitation. 
E) increasing pollution control.

Question 15

Publix, a southeastern grocery store chain, has signs saying that tips are not accepted and employees are all informed of this policy. However, many of the baggers commonly accept tips from customers anyway and they often compare to see who makes the most. The factor affecting the ethical behavior of Publix's employees is

Accepted Answer

A) individual. 
B) social. 
C) opportunity. 
D) demographic. 
E) internal code. 
A) individual. 
B) social. 
C) opportunity. 
D) demographic. 
E) internal code.

Question 16

The fundamental issues concerning land pollution are how to restore already contaminated land and how to prevent further contamination.

Accepted Answer

A) True 
 B)False

Question 17

The right to choose means that consumers must have a choice of products offered by different manufacturers and sellers.

Accepted Answer

A) True 
 B)False

Question 18

Of the three factors mentioned as contributors to air pollution, only the combination of weather and geography cannot be changed.

Accepted Answer

A) True 
 B)False

Question 19

A code of ethics is a written guide to acceptable and ethical behavior as defined by an organization.

Accepted Answer

A) True 
 B)False

Question 20

Employees have an easier time determining what is acceptable behavior if their company provides them with a code of ethics.

Accepted Answer

A) True 
 B)False

One major reason for improving product safety is the consumer's demand for safe products.

What are the two major problems that affirmative action programs have faced?

When medical research indicated that a high-fiber diet might help reduce one's risk of colon cancer, a few producers of fiber cereals suggested in their advertisements that if you eat fiber cereal, you will not get cancer. This is an example of

Ethical issues often arise out of business's relationships with investors, customers, employees, creditors, or competitors.

Social responsibility

Investors expect management to do all of the following except

An individual's moral values and central, value-related attitudes clearly influence one's business behavior.

Affirmative action plans encompass all areas of human resources management, including recruiting, hiring, training, promotion, and pay.

Which of the following is the most important legislation in improving the condition of U.S. waters?

During the 1980s, very few organizations created and implemented ethics codes.

Fortunately, the acid-rain problem has been solved in recent years.

The economic model of social responsibility was developed in a period when the primary concern of firms was

A major way technology affects land pollution is the potential for

The fundamental issues concerning land pollution are how to restore already contaminated land and how to prevent further contamination.

The right to choose means that consumers must have a choice of products offered by different manufacturers and sellers.

Of the three factors mentioned as contributors to air pollution, only the combination of weather and geography cannot be changed.

A code of ethics is a written guide to acceptable and ethical behavior as defined by an organization.

Employees have an easier time determining what is acceptable behavior if their company provides them with a code of ethics.

Exploring the World of Business and Economics

Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Understanding Social Media and E-Business

Using Management Information Systems and Accounting Information

Mastering Financial Management

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Exam 2: Being Ethical and Socially Responsible

One major reason for improving product safety is the consumer's demand for safe products.

What are the two major problems that affirmative action programs have faced?

When medical research indicated that a high-fiber diet might help reduce one's risk of colon cancer, a few producers of fiber cereals suggested in their advertisements that if you eat fiber cereal, you will not get cancer. This is an example of

Ethical issues often arise out of business's relationships with investors, customers, employees, creditors, or competitors.

Social responsibility

Investors expect management to do all of the following except

An individual's moral values and central, value-related attitudes clearly influence one's business behavior.

Affirmative action plans encompass all areas of human resources management, including recruiting, hiring, training, promotion, and pay.

Which of the following is the most important legislation in improving the condition of U.S. waters?

During the 1980s, very few organizations created and implemented ethics codes.

Fortunately, the acid-rain problem has been solved in recent years.

The economic model of social responsibility was developed in a period when the primary concern of firms was

A major way technology affects land pollution is the potential for

The fundamental issues concerning land pollution are how to restore already contaminated land and how to prevent further contamination.

The right to choose means that consumers must have a choice of products offered by different manufacturers and sellers.

Of the three factors mentioned as contributors to air pollution, only the combination of weather and geography cannot be changed.

A code of ethics is a written guide to acceptable and ethical behavior as defined by an organization.

Employees have an easier time determining what is acceptable behavior if their company provides them with a code of ethics.

Exploring the World of Business and Economics

Exploring Global Business

Choosing a Form of Business Ownership

Small Business, Entrepreneurship, and Franchises

Understanding the Management Process

Creating a Flexible Organization

Producing Quality Goods and Services

Attracting and Retaining the Best Employees

Motivating and Satisfying Employees and Teams

Building Customer Relationships Through Effective Marketing

Creating and Pricing Products That Satisfy Customers

Distributing and Promoting Products

Understanding Social Media and E-Business

Using Management Information Systems and Accounting Information

Mastering Financial Management

Filters