Exam 4: Demanding Ethical and Socially Responsible Behavior
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment315 Questions
Exam 2: Understanding Economics and How It Affects Business305 Questions
Exam 3: Doing Business in Global Markets346 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior257 Questions
Exam 5: How to Form a Business342 Questions
Exam 6: Entrepreneurship and Starting a Small Business303 Questions
Exam 7: Management and Leadership281 Questions
Exam 8: Structuring Organizations for Todays Challenges364 Questions
Exam 9: Production and Operations Management321 Questions
Exam 10: Motivating Employees357 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees423 Questions
Exam 12: Dealing With Employeemanagement Issues297 Questions
Exam 13: Marketing: Helping Buyers Buy250 Questions
Exam 14: Developing and Pricing Goods and Services356 Questions
Exam 15: Distributing Products314 Questions
Exam 16: Using Effective Promotions262 Questions
Exam 17: Understanding Accounting and Financial Information362 Questions
Exam 18: Financial Management297 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities397 Questions
Exam 20: Money, Financial Institutions, and the Federal Reserve306 Questions
Exam 21: Appendix: Working Within the Legal Environment242 Questions
Exam 22: Appendix: Using Technology to Manage Information192 Questions
Exam 23: Appendix: Managing Risk128 Questions
Exam 24: Appendix: Managing Personal Finances255 Questions
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In reality, ethical behavior depends on the situation. For example, in negotiating a contract with your employees, the way they win higher wages is by your losing the fight to hold down labor costs. You realize it is a win-lose relationship.
(True/False)
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A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at the company. After receiving a verbal okay from the supervisors, he then proceeds to pass around a written form of the new policy and asks all members of the team to initial it. He explains to the supervisors that the new policy will be posted in the break rooms on each floor of corporate headquarters. If you were a part of this work team, which question would you ultimately ask yourself before initialing your approval of this policy?
(Multiple Choice)
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Which of the following terms describes someone who reports illegal or unethical behavior?
(Multiple Choice)
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Companies are using ________ to communicate their corporate social responsibility actions to their customers.
(Multiple Choice)
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A code of ethics designed to avoid criminal misconduct is an example of a compliance-based ethics code.
(True/False)
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Often it is the threat of negative publicity that pressures businesses to enforce their corporate code of ethics.
(True/False)
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Beer brewers, both large and small, often encourage their customers to drink responsibly. This reflects a compliance-based approach to ethics.
(True/False)
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Corporate social responsibility covers all those social issues outside our businesses that affect customers and the environment, but not internal issues such as employee considerations and work safety. Internal issues are covered by business laws.
(True/False)
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Due to their significant economic power, large multinational firms can ignore the ethical standards of a society without consequences.
(True/False)
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Which of the following is a characteristic of an effective ethics officer?
(Multiple Choice)
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The management staff at Doc's Motorcycles believes the company has a social responsibility to its community. They believe that the company can have the greatest impact in this area through cash contributions to local nonprofit organizations. This is an example of
(Multiple Choice)
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Erin recommends a marketing strategy aimed at increasing sales through the development of a positive corporate image. She suggests the first step toward this goal is to identify and evaluate the firm's programs for community involvement. Erin is calling for a ________ to be completed.
(Multiple Choice)
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At a recent town hall meeting, citizens expressed concern regarding the impact of a proposed new casino. The owner of the proposed casino responded, "I don't know what all of this fuss is about. I'm just a businessman trying to earn a profit, provide new jobs, and pay taxes." His response reflects an overall commitment to corporate social responsibility.
(True/False)
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"Do what I say, not what I do" can be an effective code of conduct to instill corporate values.
(True/False)
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According to the Reaching Beyond Our Borders box, which of the following is true?
(Multiple Choice)
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Corporate ________ covers issues such as treating employees fairly and ethically.
(Multiple Choice)
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Investors today are realizing financial benefit by investing in
(Multiple Choice)
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