Question 1

The green movement has resulted in a positive impact on U.S. jobs.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following would be a unique focus of an integrity-based ethics code?

Accepted Answer

A)  Increased control over employee actions 
B)  Shared accountability among employees 
C)  Increased penalties for code violators 
D)  Improved awareness of the relevant laws 
A)  Increased control over employee actions 
B)  Shared accountability among employees 
C)  Increased penalties for code violators 
D)  Improved awareness of the relevant laws

Question 3

We describe charitable donations by corporations to nonprofit organizations as ________.

Accepted Answer

A)  corporate philanthropy 
B)  corporate responsibility 
C)  corporate strategy 
D)  structural commitment 
A)  corporate philanthropy 
B)  corporate responsibility 
C)  corporate strategy 
D)  structural commitment

Question 4

Ethical behavior will result in which of the following?

Accepted Answer

A)  Mistrust between employees and managers. 
B)  Agreements that create benefits for only the shareholders. 
C)  Negative publicity from the news media. 
D)  Improved self-esteem making us feel good about our decision. 
A)  Mistrust between employees and managers. 
B)  Agreements that create benefits for only the shareholders. 
C)  Negative publicity from the news media. 
D)  Improved self-esteem making us feel good about our decision.

Question 5

Businesses have a social responsibility to create jobs.

Accepted Answer

A) True 
 B)False

Question 6

When discussing moral and ethical issues, it is helpful to remember that ethical behavior begins with

Accepted Answer

A)  schools. 
B)  religious institutions. 
C)  law enforcement officers. 
D)  each of us. 
A)  schools. 
B)  religious institutions. 
C)  law enforcement officers. 
D)  each of us.

Question 7

Obeying the law is ________ ethical behavior.

Accepted Answer

A)  essentially the same as 
B)  the first step toward 
C)  the opposite of 
D)  unlikely to lead to 
A)  essentially the same as 
B)  the first step toward 
C)  the opposite of 
D)  unlikely to lead to

Question 8

In recent years, progressive firms have embarked upon ________, where they will commit company resources and expertise toward helping out in emergency type situations.

Accepted Answer

A)  corporate philanthropy 
B)  corporate social activism 
C)  social civility 
D)  corporate social initiatives 
A)  corporate philanthropy 
B)  corporate social activism 
C)  social civility 
D)  corporate social initiatives

Question 9

The green movement has turned the heads of very few firms.

Accepted Answer

A) True 
 B)False

Question 10

Corporate values are

Accepted Answer

A)  a personal matter to be determined by each employee. 
B)  taught by attending company-sponsored seminars. 
C)  instilled by the leadership of outside consultants. 
D)  learned by observing the actions of others in the organization. 
A)  a personal matter to be determined by each employee. 
B)  taught by attending company-sponsored seminars. 
C)  instilled by the leadership of outside consultants. 
D)  learned by observing the actions of others in the organization.

Question 11

Given the level of diversity within the United States, agreement on common standards of ethical behavior is unachievable.

Accepted Answer

A) True 
 B)False

Question 12

The social audit is

Accepted Answer

A)  a company report that always includes a net social contribution. 
B)  a government-mandated report required of all firms that have a business license. 
C)  a company evaluation that measures the firm's social contributions inside and outside of the firm. 
D)  a recent development that creates a ratio to compare a firm's corporate philanthropy to its profits. 
A)  a company report that always includes a net social contribution. 
B)  a government-mandated report required of all firms that have a business license. 
C)  a company evaluation that measures the firm's social contributions inside and outside of the firm. 
D)  a recent development that creates a ratio to compare a firm's corporate philanthropy to its profits.

Question 13

Henderson HVAC Pros is a heating and cooling company in Kansas City, Kansas. Henderson allows its employees paid time off to volunteer for nonprofit organizations. Which of the following statements best explains this company's action?

Accepted Answer

A)  Several smaller firms do not have enough work to keep employees busy. They fear that employees will quit and go to work elsewhere during a time of low unemployment. They protect their pool of skilled labor. 
B)  Employers are learning that millennial employees are physically stronger. They would rather permit them to work on nonprofit construction sites and other laborious projects, than build them a gym at the company site. 
C)  Companies find it less costly to permit employees to volunteer for food pantries and other nonprofit organizations in their area of operation, rather than make large philanthropic contributions. 
D)  Employee time is measured as going further for social causes than monetary contributions. 
A)  Several smaller firms do not have enough work to keep employees busy. They fear that employees will quit and go to work elsewhere during a time of low unemployment. They protect their pool of skilled labor. 
B)  Employers are learning that millennial employees are physically stronger. They would rather permit them to work on nonprofit construction sites and other laborious projects, than build them a gym at the company site. 
C)  Companies find it less costly to permit employees to volunteer for food pantries and other nonprofit organizations in their area of operation, rather than make large philanthropic contributions. 
D)  Employee time is measured as going further for social causes than monetary contributions.

Question 14

In order to maintain a good reputation, it is good strategy to manage your business ethically.

Accepted Answer

A) True 
 B)False

Question 15

Legal behavior is a first step toward ethical behavior.

Accepted Answer

A) True 
 B)False

Question 16

Laws that protect us from fraud, theft, and violence determine ethical behavior.

Accepted Answer

A) True 
 B)False

Question 17

Businesses with a formal code of ethics are less common now than in the past.

Accepted Answer

A) True 
 B)False

Question 18

Punishing business leaders who have broken the law may help restore trust in the free-market system and leaders in general.

Accepted Answer

A) True 
 B)False

Question 19

Employees at GloboTech, a start-up software company, noticed that the owner overlooked certain questionable actions of high billing associates. Other employees, who worked hard but only brought in an average number of new clients each month, were highly scrutinized. After you read this chapter about the ethical behavior of many Americans, which of the following statements applies here?

Accepted Answer

A)  This story indicates that moral absolutes are very prevalent today in business settings. 
B)  The owner will continue to operate this way until someone blows the whistle. 
C)  We cannot expect people in the U.S. to all follow similar ethical patterns because there are too many cultures to deal with. Businesses are no different. 
D)  As is often the case today, some leaders will look at each situation individually when making value judgments. 
A)  This story indicates that moral absolutes are very prevalent today in business settings. 
B)  The owner will continue to operate this way until someone blows the whistle. 
C)  We cannot expect people in the U.S. to all follow similar ethical patterns because there are too many cultures to deal with. Businesses are no different. 
D)  As is often the case today, some leaders will look at each situation individually when making value judgments.

Question 20

Considering the potential impact on others prior to making a decision is consistent with ________ behavior.

Accepted Answer

A)  legal 
B)  anti-social 
C)  ethical 
D)  self-motivated 
A)  legal 
B)  anti-social 
C)  ethical 
D)  self-motivated

Exam 4: Demanding Ethical and Socially Responsible Behavior

The green movement has resulted in a positive impact on U.S. jobs.

Which of the following would be a unique focus of an integrity-based ethics code?

We describe charitable donations by corporations to nonprofit organizations as ________.

Ethical behavior will result in which of the following?

Businesses have a social responsibility to create jobs.

When discussing moral and ethical issues, it is helpful to remember that ethical behavior begins with

Obeying the law is ________ ethical behavior.

In recent years, progressive firms have embarked upon ________, where they will commit company resources and expertise toward helping out in emergency type situations.

The green movement has turned the heads of very few firms.

Corporate values are

Given the level of diversity within the United States, agreement on common standards of ethical behavior is unachievable.

The social audit is

Henderson HVAC Pros is a heating and cooling company in Kansas City, Kansas. Henderson allows its employees paid time off to volunteer for nonprofit organizations. Which of the following statements best explains this company's action?

In order to maintain a good reputation, it is good strategy to manage your business ethically.

Legal behavior is a first step toward ethical behavior.

Laws that protect us from fraud, theft, and violence determine ethical behavior.

Businesses with a formal code of ethics are less common now than in the past.

Punishing business leaders who have broken the law may help restore trust in the free-market system and leaders in general.

Considering the potential impact on others prior to making a decision is consistent with ________ behavior.

Taking Risks and Making Profits Within the Dynamic Business Environment

Understanding Economics and How It Affects Business

Doing Business in Global Markets

How to Form a Business

Entrepreneurship and Starting a Small Business

Management and Leadership

Structuring Organizations for Todays Challenges

Production and Operations Management

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Dealing With Employeemanagement Issues

Marketing: Helping Buyers Buy

Developing and Pricing Goods and Services

Distributing Products

Using Effective Promotions

Understanding Accounting and Financial Information

Financial Management

Using Securities Markets for Financing and Investing Opportunities

Money, Financial Institutions, and the Federal Reserve

Appendix: Working Within the Legal Environment

Appendix: Using Technology to Manage Information

Appendix: Managing Risk

Appendix: Managing Personal Finances

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