Question 1

How do organizations exercise social responsibility toward the environment?

Accepted Answer

Many organizations adopt methods that wi

Question 2

Most companies have concluded that ethics training programs are ineffective.

Accepted Answer

A) True 
 B)False

Question 3

Firms accused of paying excessive salaries to senior managers or providing frivolous "perks" may be engaging in ________.

Accepted Answer

A)  human resources violations 
B)  collusion 
C)  environmental pollution 
D)  improper financial management 
A)  human resources violations 
B)  collusion 
C)  environmental pollution 
D)  improper financial management

Question 4

Which of the following statements could possibly be included in a company's code of ethics?

Accepted Answer

A)  We have respect for individuals. 
B)  We encourage innovation. 
C)  We achieve our objective through teamwork. 
D)  All of these are possibilities. 
A)  We have respect for individuals. 
B)  We encourage innovation. 
C)  We achieve our objective through teamwork. 
D)  All of these are possibilities.

Question 5

Through ________,companies formally acknowledge their intent to do business in an ethical manner.

Accepted Answer

A)  government regulations 
B)  EEOC guidelines 
C)  codes of ethics 
D)  blue sky laws 
A)  government regulations 
B)  EEOC guidelines 
C)  codes of ethics 
D)  blue sky laws

Question 6

The first formal declaration of consumer rights protection came in the early ________.

Accepted Answer

A)  1960s 
B)  1800s 
C)  1920s 
D)  1990s 
A)  1960s 
B)  1800s 
C)  1920s 
D)  1990s

Question 7

Though an individual feels that his behavior is ethical,that behavior may still be considered unethical if social norms consider it to be so.

Accepted Answer

A) True 
 B)False

Question 8

What is the difference between ethics and social responsibility?

Accepted Answer

Ethics are beliefs about what is right a

Question 9

Ethical behavior is behavior that individual beliefs and social norms define as being wrong and bad.

Accepted Answer

A) True 
 B)False

Question 10

Short Case Scenario 2-1
MKD Transportation owns and operates a fleet of container ships and tankers that transport goods around the globe. Company executives have just been contacted by the media with a credible report that one of their ships is leaking an oily substance off the coast of Belize. If true, some of the world's most beautiful coral reefs could be in danger. On the other hand, the captain of the ship in question has not notified the company of any problem, and cleanup could be very costly. Environmental groups and the government of Belize have demanded that the company admit responsibility and immediately begin cleanup.
-If MKD adopts a defensive stance,how will the company respond to this situation?

Accepted Answer

MKD will file the necessary re

Question 11

Short Case Scenario 2-1
MKD Transportation owns and operates a fleet of container ships and tankers that transport goods around the globe. Company executives have just been contacted by the media with a credible report that one of their ships is leaking an oily substance off the coast of Belize. If true, some of the world's most beautiful coral reefs could be in danger. On the other hand, the captain of the ship in question has not notified the company of any problem, and cleanup could be very costly. Environmental groups and the government of Belize have demanded that the company admit responsibility and immediately begin cleanup.
-If MKD adopts an accommodative stance,how will the company respond to the media and demands by the government of Belize and environmental groups?

Accepted Answer

MKD will likely admit responsi

Question 12

Define consumerism.

Accepted Answer

Consumerism is social activism

Question 13

The ethical norm of ________ considers if the decision is consistent with people's responsibilities to one another.

Accepted Answer

A)  utility 
B)  rights 
C)  justice 
D)  caring 
A)  utility 
B)  rights 
C)  justice 
D)  caring

Question 14

Product advertising that some consumers consider morally objectionable would include such products as

Accepted Answer

A)  underwear 
B)  condoms 
C)  alcohol 
D)  all of the above 
A)  underwear 
B)  condoms 
C)  alcohol 
D)  all of the above

Question 15

Accepting and offering bribes is a normal part of doing business in some parts of the world.

Accepted Answer

A) True 
 B)False

Question 16

The ethical norm of caring evaluates whether the decision is consistent with people's responsibilities to each other.

Accepted Answer

A) True 
 B)False

Question 17

What role has email played in recent corporate scandals?

Accepted Answer

In virtually every r

Question 18

The ethical norm of ________ considers if the decision is fair.

Accepted Answer

A)  utility 
B)  rights 
C)  justice 
D)  caring 
A)  utility 
B)  rights 
C)  justice 
D)  caring

Question 19

What is meant by business ethics?

Accepted Answer

Business ethics is a term ofte

Question 20

Whistle-blowers can confidently report findings to higher-level managers,who can be expected to take action.

Accepted Answer

A) True 
 B)False

How do organizations exercise social responsibility toward the environment?

Most companies have concluded that ethics training programs are ineffective.

Firms accused of paying excessive salaries to senior managers or providing frivolous "perks" may be engaging in ________.

Which of the following statements could possibly be included in a company's code of ethics?

Through ________,companies formally acknowledge their intent to do business in an ethical manner.

The first formal declaration of consumer rights protection came in the early ________.

Though an individual feels that his behavior is ethical,that behavior may still be considered unethical if social norms consider it to be so.

What is the difference between ethics and social responsibility?

Ethical behavior is behavior that individual beliefs and social norms define as being wrong and bad.

Define consumerism.

The ethical norm of ________ considers if the decision is consistent with people's responsibilities to one another.

Product advertising that some consumers consider morally objectionable would include such products as

Accepting and offering bribes is a normal part of doing business in some parts of the world.

The ethical norm of caring evaluates whether the decision is consistent with people's responsibilities to each other.

What role has email played in recent corporate scandals?

The ethical norm of ________ considers if the decision is fair.

What is meant by business ethics?

Whistle-blowers can confidently report findings to higher-level managers,who can be expected to take action.

The U.S.Business Environment

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Business Management

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

Pricing, Distributing, and Promoting Products

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters

Exam 2: Business Ethics and Social Responsibility

How do organizations exercise social responsibility toward the environment?

Most companies have concluded that ethics training programs are ineffective.

Firms accused of paying excessive salaries to senior managers or providing frivolous "perks" may be engaging in ________.

Which of the following statements could possibly be included in a company's code of ethics?

Through ________,companies formally acknowledge their intent to do business in an ethical manner.

The first formal declaration of consumer rights protection came in the early ________.

Though an individual feels that his behavior is ethical,that behavior may still be considered unethical if social norms consider it to be so.

What is the difference between ethics and social responsibility?

Ethical behavior is behavior that individual beliefs and social norms define as being wrong and bad.

Define consumerism.

The ethical norm of ________ considers if the decision is consistent with people's responsibilities to one another.

Product advertising that some consumers consider morally objectionable would include such products as

Accepting and offering bribes is a normal part of doing business in some parts of the world.

The ethical norm of caring evaluates whether the decision is consistent with people's responsibilities to each other.

What role has email played in recent corporate scandals?

The ethical norm of ________ considers if the decision is fair.

What is meant by business ethics?

Whistle-blowers can confidently report findings to higher-level managers,who can be expected to take action.

The U.S.Business Environment

Entrepreneurship, New Ventures, and Business Ownership

The Global Context of Business

Business Management

Organizing the Business

Operations Management and Quality

Employee Behavior and Motivation

Leadership and Decision Making

Human Resource Management and Labor Relations

Marketing Processes and Consumer Behavior

Pricing, Distributing, and Promoting Products

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters