Question 1

Thomas Park is interviewing for a job with Hyper Group. Kristin Ortega, the hiring manager, explains that Hyper Group insists on ethical behavior and corporate social responsibility. "Our commitment to ethics and CSR benefits our customers and our community," she tells Park. Park is interested in the job in part because he realizes that, if he is hired, Hyper Group's commitment is also likely to

Accepted Answer

A)   benefit him.
B)   support growth.
C)   protect him from legal action.
D)   serve to crush competition. A

Question 2

Theterm value refers to a temporary feeling that helps determine people's behavior.

Accepted Answer

A) True 
 B)False  False

Question 3

A big company that helps small nonprofit firms working to make a difference in antipoverty, literacy, and the environment by providing them with small loans is an example of

Accepted Answer

A)   community activity.
B)   cause-related marketing.
C)   financial auditing.
D)   social entrepreneurship. D

Question 4

What is one way the Sarbanes-Oxley Act protects employees who report organizational misconduct?

Accepted Answer

A)   It ensures they are paid a large sum of money as a reward.
B)   It provides for job reinstatement to whistleblowers who are fired by their employers.
C)   It ensures the employees' complaints are nationally publicized on social media.
D)   It appoints such employees as the ethics officers of their companies.

Question 5

A company's annual report is its stated position on political and social issues.

Accepted Answer

A) True 
 B)False

Question 6

Teresa Padilla is a manager for a small software start-up company, Provantix. To keep up employee morale while the company struggles to grow, she decides to start a new activity of encouraging each employee to contribute a small amount of money to a pool. When employees have a personal financial need, they can borrow money from the pool. These micro loans are an example of social entrepreneurship. Another example of social entrepreneurship is when a company

Accepted Answer

A)   encourages its employees to volunteer to teach English to English language learners.
B)   shows up at a public event and conducting a customer relations survey.
C)   tries an unconventional marketing method, like street theater that is an advertisement.
D)   sponsors professional development classes for its employees so they can learn to start their own firms.

Question 7

A values-based ethics code attempts to prevent criminal misconduct by increasing control and by punishing violators.

Accepted Answer

A) True 
 B)False

Question 8

Organizing a ________ is one way for managers to support high ethical standards.

Accepted Answer

A)   trade union
B)   hiring freeze
C)   company retreat
D)   training program in ethics

Question 9

608 Entertainment wants to evaluate its social performance and hires a consultant to help. Assist the consultant by describing at least three areas that should be considered during their evaluation of 608 Entertainment.

Accepted Answer

The answer of 608 Entertainment wants to evaluate its social...

Question 10

A concern for taking actions that will benefit society as well as the organization is known as corporate strategy.

Accepted Answer

A) True 
 B)False

Question 11

Corporate social responsibility is a concern for

Accepted Answer

A)   ensuring that the company earns maximum profits in a given year.
B)   taking actions that will benefit society as well as the organization.
C)   avoiding costly lawsuits by discouraging workers from suing.
D)   making sure that individual employees follow company rules.

Question 12

A clerk deciding to steal office supplies because managers are using the company jet for personal vacation travel is an example of the importance of a company having managers who support a strong ethical climate.

Accepted Answer

A) True 
 B)False

Question 13

A(n) ________ is an employee who integrates the organization's ethics and values initiatives, compliance activities, and business conduct practices into the company's decision-making processes.

Accepted Answer

A)   ethics officer
B)   executive officer
C)   compliance officer
D)   integral officer

Question 14

A company's reputation for honesty and corporate citizenship will improve its profitability.

Accepted Answer

A) True 
 B)False

Question 15

Justin Kihana is a hiring manager for Connect, a new social media platform. Connect's customer information is highly confidential, and the company does not share this information with competitors or the general public. Kihana routinely asks new employees to sign nondisclosure agreements. Kihana's action demonstrates that Connect

Accepted Answer

A)   has a culture of cutting corners.
B)   uses methods that intimidate employees.
C)   has a compliance-based ethics code.
D)   does not foster an ethical environment.

Question 16

Abigail Airitam is the ethics officer for Puppy Love, a manufacturer of dog treats. The company has the charitable goals of donating food and supplies to a local homeless shelter, as well as volunteering to bring homeless dogs to shelters to interact with the residents. Airitam is looking into how well Puppy Love is meeting these target goals, a process known as a

Accepted Answer

A)   charitable survey.
B)   corporate policy.
C)   values screening.
D)   social audit.

Question 17

"It takes ten years to build up your company's reputation, but only ten seconds for you to lose it." Investor Warren Buffett's comment applies to the way illegal and unethical behavior can

Accepted Answer

A)   attract investors.
B)   expedite growth.
C)   increase profits.
D)   hurt a company.

Question 18

A key area of a social audit known as ________ involves evaluating whether a company's economic development meets present needs without endangering the ability of future generations to meet their own needs.

Accepted Answer

A)   social entrepreneurship
B)   sustainability
C)   philanthropy
D)   cause-related marketing

Question 19

Julian takes used office supplies from his employer and donates them to underprivileged schools and youth groups in his community. This action can bebest described as

Accepted Answer

A)   legal and ethical.
B)   illegal, but ethical.
C)   legal, but unethical.
D)   illegal, but practical.
E)   legal and socially responsible.

Question 20

A compliance-based ethics code attempts to foster responsible employee conduct by creating an environment that supports ethically desirable behavior.

Accepted Answer

A) True 
 B)False

Exam 2: Acting Ethically and Socially Responsible

Theterm value refers to a temporary feeling that helps determine people's behavior.

A big company that helps small nonprofit firms working to make a difference in antipoverty, literacy, and the environment by providing them with small loans is an example of

What is one way the Sarbanes-Oxley Act protects employees who report organizational misconduct?

A company's annual report is its stated position on political and social issues.

A values-based ethics code attempts to prevent criminal misconduct by increasing control and by punishing violators.

Organizing a ________ is one way for managers to support high ethical standards.

608 Entertainment wants to evaluate its social performance and hires a consultant to help. Assist the consultant by describing at least three areas that should be considered during their evaluation of 608 Entertainment.

A concern for taking actions that will benefit society as well as the organization is known as corporate strategy.

Corporate social responsibility is a concern for

A clerk deciding to steal office supplies because managers are using the company jet for personal vacation travel is an example of the importance of a company having managers who support a strong ethical climate.

A(n) ________ is an employee who integrates the organization's ethics and values initiatives, compliance activities, and business conduct practices into the company's decision-making processes.

A company's reputation for honesty and corporate citizenship will improve its profitability.

"It takes ten years to build up your company's reputation, but only ten seconds for you to lose it." Investor Warren Buffett's comment applies to the way illegal and unethical behavior can

A key area of a social audit known as ________ involves evaluating whether a company's economic development meets present needs without endangering the ability of future generations to meet their own needs.

Julian takes used office supplies from his employer and donates them to underprivileged schools and youth groups in his community. This action can bebest described as

A compliance-based ethics code attempts to foster responsible employee conduct by creating an environment that supports ethically desirable behavior.