Question 1

How has the downturn in the economy affected organizations such as the American Red Cross, the Salvation Army, and the United Way?

Accepted Answer

As a result of the downturn in the economy, charitable giving has decreased while the demand for services from these organizations has increased.
Explanation:During a downturn in the economy, donations tend to decline while demand for assistance by people in need tends to increase.

Question 2

Which statement would people in favor of socially responsible business most likely advocate?

Accepted Answer

A)  Maximizing profits is the core goal of the corporation. 
B)  The corporation is part of the civic world. 
C)  Other agencies have the skill to develop social programs. 
D)  Vast corporate resources are being overused. 
E)  Civic responsibility needs to be centralized. 
A)  Maximizing profits is the core goal of the corporation. 
B)  The corporation is part of the civic world. 
C)  Other agencies have the skill to develop social programs. 
D)  Vast corporate resources are being overused. 
E)  Civic responsibility needs to be centralized. B

Question 3

Which of the following is the best description of organizational stakeholders?

Accepted Answer

A)  competitors 
B)  government regulators 
C)  the officers and key employees of an organization 
D)  individuals and businesses that own stock in a company 
E)  individuals and groups that are directly affected by the practices of a company 
A)  competitors 
B)  government regulators 
C)  the officers and key employees of an organization 
D)  individuals and businesses that own stock in a company 
E)  individuals and groups that are directly affected by the practices of a company E

Question 4

If a firm hides responsibility for wrongdoing, what type of stance are they taking toward social responsibility?

Accepted Answer

A)  responsible 
B)  obstructionist 
C)  accommodative 
D)  proactive 
E)  moderate 
A)  responsible 
B)  obstructionist 
C)  accommodative 
D)  proactive 
E)  moderate

Question 5

Which of the following, if True, strengthens Beatty's ethical position?

Accepted Answer

A)  The gift card has no expiration date, so he can wait to use it later, when he has moved to another position in his company where no conflict of interest exists. 
B)  The greeting and the gift card were received at his home residence, not at his place of work. 
C)  The salesman has just spent $500 of his own money on video game equipment for his children at Best Buy, so he has no immediate reason to use the gift card. 
D)  The president of the supplier is Beatty's father-in-law, so the gift is a personal one for his grandchildren. 
E)  On checking, Beatty learns that the supplier sent gift cards of lower value to other salespersons in his company. 
A)  The gift card has no expiration date, so he can wait to use it later, when he has moved to another position in his company where no conflict of interest exists. 
B)  The greeting and the gift card were received at his home residence, not at his place of work. 
C)  The salesman has just spent $500 of his own money on video game equipment for his children at Best Buy, so he has no immediate reason to use the gift card. 
D)  The president of the supplier is Beatty's father-in-law, so the gift is a personal one for his grandchildren. 
E)  On checking, Beatty learns that the supplier sent gift cards of lower value to other salespersons in his company.

Question 6

Some actions may be illegal yet considered ethical.

Accepted Answer

A) True 
 B)False

Question 7

Which statement about codes of ethics is False?

Accepted Answer

A)  Fewer and fewer companies are adopting codes of ethics. 
B)  Codes of ethics are determined by company managers. 
C)  Some ethical responses can be learned through experience. 
D)  Social responsibility involves providing quality products and pricing products fairly. 
E)  Core principles and values should remain a constant characteristic of a company. 
A)  Fewer and fewer companies are adopting codes of ethics. 
B)  Codes of ethics are determined by company managers. 
C)  Some ethical responses can be learned through experience. 
D)  Social responsibility involves providing quality products and pricing products fairly. 
E)  Core principles and values should remain a constant characteristic of a company.

Question 8

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

Accepted Answer

A) True 
 B)False

Question 9

If MKD implements a formal social responsibility program, to what extent will top management be involved?

Accepted Answer

To be successful, top manageme

Question 10

What is likely the single most effective step that a company can take to set ethical standards?

Accepted Answer

A)  Offer large cash awards for whistle-blowing. 
B)  Suggest that employees take ethics training. 
C)  Post ethical rules on bulletin boards. 
D)  State that the workplace values diversity. 
E)  Demonstrate support from top management. 
A)  Offer large cash awards for whistle-blowing. 
B)  Suggest that employees take ethics training. 
C)  Post ethical rules on bulletin boards. 
D)  State that the workplace values diversity. 
E)  Demonstrate support from top management.

Question 11

The CEO of Perry's Pizzeria, a rapidly growing restaurant chain, is committed to a high level of corporate social responsibility along with continued business success. Which of the following would likely be a failure in the area of legal compliance for the pizzeria?

Accepted Answer

A)  Ingredients used in Perry's pan pizza are not as healthy as those of other companies' pizza. 
B)  A teenager is not hired due to being wheelchair-bound, even though she would be capable of performing her duties. 
C)  An employee is fired after she is caught stealing money from the cash register. 
D)  Persons with certain food allergies are not hired as employees. 
E)  Perry's signature dessert is advertised as being made from a popular chocolate bar. 
A)  Ingredients used in Perry's pan pizza are not as healthy as those of other companies' pizza. 
B)  A teenager is not hired due to being wheelchair-bound, even though she would be capable of performing her duties. 
C)  An employee is fired after she is caught stealing money from the cash register. 
D)  Persons with certain food allergies are not hired as employees. 
E)  Perry's signature dessert is advertised as being made from a popular chocolate bar.

Question 12

Explain the steps that an organization must take to foster a company-wide sense of social responsibility.

Accepted Answer

Social responsibility must first start a

Question 13

Which of the following steps would be LEAST likely to help a business develop and maintain an ethical environment?

Accepted Answer

A)  Ensure that a mission statement is in place. 
B)  Communicate standards of behavior to all employees. 
C)  Implement ethics training programs. 
D)  Offer orientation programs so that new employees understand the business's ethical standards. 
E)  Trust that employees will act ethically. 
A)  Ensure that a mission statement is in place. 
B)  Communicate standards of behavior to all employees. 
C)  Implement ethics training programs. 
D)  Offer orientation programs so that new employees understand the business's ethical standards. 
E)  Trust that employees will act ethically.

Question 14

Ethical standards relating to business practices are fairly consistent around the world.

Accepted Answer

A) True 
 B)False

Question 15

SeaBreeze Sailing Company manufactures sailboats for personal pleasure use. Which of the following would suggest that SeaBreeze Sailing Company is NOT committed to corporate social responsibility?

Accepted Answer

A)  Sailboats are available for customer rental only when weather conditions are safe. 
B)  The boats are constructed from scarce or nonrenewable natural resources. 
C)  Employees are provided with excellent vacation packages. 
D)  The company engages in practices that benefit local investors. 
E)  Advertisements for sailboat rentals contain correct pricing information. 
A)  Sailboats are available for customer rental only when weather conditions are safe. 
B)  The boats are constructed from scarce or nonrenewable natural resources. 
C)  Employees are provided with excellent vacation packages. 
D)  The company engages in practices that benefit local investors. 
E)  Advertisements for sailboat rentals contain correct pricing information.

Question 16

Moia is a successful entrepreneur who owns several popular pastry shops. She often imports macadamia nuts from countries with poor economic conditions, which has furthered her desire to help improve the lives of the people living there. How can Moia best exhibit corporate social responsibility to the citizens of these nations?

Accepted Answer

A)  by including labels on her products indicating where the nuts come from 
B)  by hiring people who have traveled to these nations 
C)  by opening pastry shops in these countries that would create jobs for the citizens there 
D)  by purchasing the nuts more regularly 
E)  by shipping free pastries to these nations 
A)  by including labels on her products indicating where the nuts come from 
B)  by hiring people who have traveled to these nations 
C)  by opening pastry shops in these countries that would create jobs for the citizens there 
D)  by purchasing the nuts more regularly 
E)  by shipping free pastries to these nations

Question 17

Chang is the CEO of a local furniture business. He is very committed to treating his customers with honesty and fairness. At the end of a long day, Chang knowingly accepts a $20 bill that a customer accidentally hands him instead of a $1 bill. Which of the following is most likely to be True of Chang?

Accepted Answer

A)  He has a highly developed set of personal ethics. 
B)  His entire business is based on unethical principles. 
C)  He has acted in a manner that runs counter to his business ethics. 
D)  His personal ethics and business ethics are consistent. 
E)  He learned his business ethics from his employees. 
A)  He has a highly developed set of personal ethics. 
B)  His entire business is based on unethical principles. 
C)  He has acted in a manner that runs counter to his business ethics. 
D)  His personal ethics and business ethics are consistent. 
E)  He learned his business ethics from his employees.

Question 18

Small businesses must answer many of the same social responsibility questions as big businesses.

Accepted Answer

A) True 
 B)False

Question 19

What is the term for an employee who detects and tries to put an end to a company's unethical, illegal, and/or socially irresponsible actions by publicizing them?

Accepted Answer

A)  fast-track manager 
B)  whistle-blower 
C)  corporate lookout 
D)  government inspector 
E)  blue sky thinker 
A)  fast-track manager 
B)  whistle-blower 
C)  corporate lookout 
D)  government inspector 
E)  blue sky thinker

Question 20

Describe the four approaches to social responsibility.

Accepted Answer

The approaches to social responsibility

How has the downturn in the economy affected organizations such as the American Red Cross, the Salvation Army, and the United Way?

Which statement would people in favor of socially responsible business most likely advocate?

Which of the following is the best description of organizational stakeholders?

If a firm hides responsibility for wrongdoing, what type of stance are they taking toward social responsibility?

Which of the following, if True, strengthens Beatty's ethical position?

Some actions may be illegal yet considered ethical.

Which statement about codes of ethics is False?

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

If MKD implements a formal social responsibility program, to what extent will top management be involved?

What is likely the single most effective step that a company can take to set ethical standards?

The CEO of Perry's Pizzeria, a rapidly growing restaurant chain, is committed to a high level of corporate social responsibility along with continued business success. Which of the following would likely be a failure in the area of legal compliance for the pizzeria?

Explain the steps that an organization must take to foster a company-wide sense of social responsibility.

Which of the following steps would be LEAST likely to help a business develop and maintain an ethical environment?

Ethical standards relating to business practices are fairly consistent around the world.

SeaBreeze Sailing Company manufactures sailboats for personal pleasure use. Which of the following would suggest that SeaBreeze Sailing Company is NOT committed to corporate social responsibility?

Small businesses must answer many of the same social responsibility questions as big businesses.

What is the term for an employee who detects and tries to put an end to a company's unethical, illegal, and/or socially irresponsible actions by publicizing them?

Describe the four approaches to social responsibility.

The Us 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

Information Technology for Business

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters

Exam 2: Business Ethics and Social Responsibility

How has the downturn in the economy affected organizations such as the American Red Cross, the Salvation Army, and the United Way?

Which statement would people in favor of socially responsible business most likely advocate?

Which of the following is the best description of organizational stakeholders?

If a firm hides responsibility for wrongdoing, what type of stance are they taking toward social responsibility?

Which of the following, if True, strengthens Beatty's ethical position?

Some actions may be illegal yet considered ethical.

Which statement about codes of ethics is False?

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

If MKD implements a formal social responsibility program, to what extent will top management be involved?

What is likely the single most effective step that a company can take to set ethical standards?

The CEO of Perry's Pizzeria, a rapidly growing restaurant chain, is committed to a high level of corporate social responsibility along with continued business success. Which of the following would likely be a failure in the area of legal compliance for the pizzeria?

Explain the steps that an organization must take to foster a company-wide sense of social responsibility.

Which of the following steps would be LEAST likely to help a business develop and maintain an ethical environment?

Ethical standards relating to business practices are fairly consistent around the world.

SeaBreeze Sailing Company manufactures sailboats for personal pleasure use. Which of the following would suggest that SeaBreeze Sailing Company is NOT committed to corporate social responsibility?

Small businesses must answer many of the same social responsibility questions as big businesses.

What is the term for an employee who detects and tries to put an end to a company's unethical, illegal, and/or socially irresponsible actions by publicizing them?

Describe the four approaches to social responsibility.

The Us 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

Information Technology for Business

The Role of Accountants and Accounting Information

Money and Banking

Managing Finances

Filters