Exam 2: Being Ethical and Socially Responsible
Exam 1: Exploring the World of Business and Economics248 Questions
Exam 2: Being Ethical and Socially Responsible274 Questions
Exam 3: Exploring Global Business252 Questions
Exam 4: Choosing a Form of Business Ownership213 Questions
Exam 5: Small Business, Entrepreneurship, and Franchises212 Questions
Exam 6: Understanding the Management Process196 Questions
Exam 7: Creating a Flexible Organization190 Questions
Exam 8: Producing Quality Goods and Services210 Questions
Exam 9: Attracting and Retaining the Best Employees217 Questions
Exam 10: Motivating and Satisfying Employees and Teams200 Questions
Exam 11: Building Customer Relationships Through Effective Marketing207 Questions
Exam 12: Creating and Pricing Products That Satisfy Customers270 Questions
Exam 13: Distributing and Promoting Products241 Questions
Exam 14: Understanding Social Media and E-Business157 Questions
Exam 15: Using Management Information Systems and Accounting Information183 Questions
Exam 16: Mastering Financial Management236 Questions
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There are many more socially responsible businesses today than there were ten years ago.
(True/False)
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Excellent Air Incorporated (EAI)
Excellent Air Inc. is a well-known establishment in the airline business. It is currently one of the top firms in the industry. The company prides itself on good customer service and being concerned with the broader societal good. EAI management is not only concerned with doing things right, but also with doing the right things. Many of their decisions reflect this philosophy. Initially, the company had a problem with employees reporting their suspicions about unethical behavior to the press instead of to EAI management. As a result, the company made sure its employees knew the firm's guidelines on fixing ethical issues. EAI also developed a code of conduct based on standards that continue to be upheld within the company. Since the code of conduct has been put in place, there have been fewer ethical violations.
Although employee salaries at EAI are not as high as those at competing firms, the company experiences very low employee turnover. The firm has created a corporate culture that not only makes its employees want to stay, but that also results in higher profits. If EAI can maintain the relationship it has built with its employees and customers, it will have little difficulty keeping up its remarkable success.
-Refer to Excellent Air Incorporated. The principles that EAI choose to pride itself on show that the company has
(Multiple Choice)
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President Franklin D. Roosevelt declared that consumers are entitled to safety, to be informed, to choose, and to be heard.
(True/False)
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Elizabeth believes her company has discriminated against her because her minority coworkers, who are less qualified, have been promoted ahead of her. Which agency should Elizabeth contact?
(Multiple Choice)
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The company you work for recently has committed itself to implementing a program of social responsibility. After the company has gotten the commitment of top executives, planned the program, and appointed a program director, you suggest that a(n) ____ be prepared periodically to evaluate the success of the program.
(Multiple Choice)
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One problem affirmative action programs have encountered is
(Multiple Choice)
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The governments of the United States and Canada have recently signed an agreement to cooperate in eliminating acid rain. Their efforts are primarily an attempt to reduce
(Multiple Choice)
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Relationships with customers and coworkers rarely create ethical problems.
(True/False)
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Steve had a problem with a coffee maker he purchased recently. He has been trying for days to speak with the company by calling its toll-free number, but it rings forever or sends him through a long menu with no opportunity to speak to an individual or to leave a message. Steve feels his basic consumer right to ____ has been violated.
(Multiple Choice)
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Consumer advocates, such as Ralph Nader, take it upon themselves to protect the rights of consumers.
(True/False)
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Dorothy worked at a meat packing plant during the 1920s. What would she have been most surprised to see happening at the plant?
(Multiple Choice)
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Product labels on detergent that indicate ingredients and laundering methods are examples of which provision of Kennedy's Consumer Bill of Rights?
(Multiple Choice)
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The right to service entitles consumers to convenience, courtesy, and responsiveness from manufacturers and sellers of consumer products.
(True/False)
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Which of the following scenarios provides the best example of whistle-blowing?
(Multiple Choice)
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A key step in developing and implementing a social responsibility program is the environmental audit.
(True/False)
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President Franklin D. Roosevelt's program for restoring the economy and improving social conditions became the foundation for increased government involvement in business.
(True/False)
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Citizens have a right to demonstrate against unfair rate increases and safety violations as well as other issues. In doing so, they exercise their right to
(Multiple Choice)
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The law that established the Environmental Protection Agency was the
(Multiple Choice)
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