Question 1

By early 2016, 30 U.S. states and the District of Columbia had passed laws allowing nonprofit organizations to incorporate as benefit corporations.

Accepted Answer

A) True 
 B)False

Question 2

Compensatory justice argues that an employee's compensation should be based on individual performance.

Accepted Answer

A) True 
 B)False

Question 3

Briefly explain the concept of conscious capitalism.

Accepted Answer

Conscious capitalism refers to following

Question 4

Only about 20 percent of American adults reach the postconventional level of moral development.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following statements about benefit corporations is true?

Accepted Answer

A)  A benefit corporation is a for-profit organization that has a stated purpose that includes creating a material positive aspect on society. 
B)  All 50 U.S. states and the District of Columbia has passed laws allowing mission-based businesses to incorporate as benefit corporations. 
C)  Small companies (those with less than 50 employees) cannot incorporate as benefit corporations. 
D)  Companies that incorporate as benefit corporations must get B Lab certification. 
E)  The primary disadvantage of incorporating as a benefit corporation is the risk of being sued by shareholders. 
A)  A benefit corporation is a for-profit organization that has a stated purpose that includes creating a material positive aspect on society. 
B)  All 50 U.S. states and the District of Columbia has passed laws allowing mission-based businesses to incorporate as benefit corporations. 
C)  Small companies (those with less than 50 employees) cannot incorporate as benefit corporations. 
D)  Companies that incorporate as benefit corporations must get B Lab certification. 
E)  The primary disadvantage of incorporating as a benefit corporation is the risk of being sued by shareholders.

Question 6

A(n) __________ is a company executive who oversees all aspects of ethics and legal compliance, including establishing and broadly communicating standards, conducting ethics training programs, dealing with exceptions or problems, and advising senior managers in the ethical and compliance aspects of decisions.

Accepted Answer

chief ethics officer

Question 7

Which of the following is not a levelpersonal moral development?

Accepted Answer

A)  Preconventional 
B)  Conventional 
C)  Principled 
D)  Postconventional 
E)  Collaborative 
A)  Preconventional 
B)  Conventional 
C)  Principled 
D)  Postconventional 
E)  Collaborative

Question 8

Organizations with taking cultures, in which people tend to work for their own self-interest, tend to be more effective.

Accepted Answer

A) True 
 B)False

Question 9

The decision by ABC International to downsize and reduce its labor force is in the domain of:

Accepted Answer

A)  codified law. 
B)  free choice. 
C)  ethics. 
D)  social responsibility. 
E)  legalism. 
A)  codified law. 
B)  free choice. 
C)  ethics. 
D)  social responsibility. 
E)  legalism.

By early 2016, 30 U.S. states and the District of Columbia had passed laws allowing nonprofit organizations to incorporate as benefit corporations.

Compensatory justice argues that an employee's compensation should be based on individual performance.

Briefly explain the concept of conscious capitalism.

Only about 20 percent of American adults reach the postconventional level of moral development.

Which of the following statements about benefit corporations is true?

Which of the following is not a levelpersonal moral development?

Organizations with taking cultures, in which people tend to work for their own self-interest, tend to be more effective.

The decision by ABC International to downsize and reduce its labor force is in the domain of:

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Managing Start-Ups and New Ventures

Planning and Global Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Invidividual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters

Exam 5: Managing Ethics and Social Responsibility

By early 2016, 30 U.S. states and the District of Columbia had passed laws allowing nonprofit organizations to incorporate as benefit corporations.

Compensatory justice argues that an employee's compensation should be based on individual performance.

Briefly explain the concept of conscious capitalism.

Only about 20 percent of American adults reach the postconventional level of moral development.

Which of the following statements about benefit corporations is true?

Which of the following is not a levelpersonal moral development?

Organizations with taking cultures, in which people tend to work for their own self-interest, tend to be more effective.

The decision by ABC International to downsize and reduce its labor force is in the domain of:

The World of Innovative Management

The Evolution of Management Thinking

The Environment and Corporate Culture

Managing in a Global Environment

Managing Start-Ups and New Ventures

Planning and Global Setting

Strategy Formulation and Execution

Managerial Decision Making

Designing Organization Structure

Managing Change and Innovation

Managing Human Resources

Managing Diversity

Understanding Invidividual Behavior

Leadership

Motivating Employees

Managing Communication

Leading Teams

Managing Quality and Performance

Filters