Question 1

When the SEC brought charges against Bernard Madoff and his CFO,it was exercising its power of

Accepted Answer

A) political favors. 
B) legislative intervention. 
C) indirect regulation. 
D) lobbying. 
E) direct regulation. 
A) political favors. 
B) legislative intervention. 
C) indirect regulation. 
D) lobbying. 
E) direct regulation.

Question 2

Match the following.You may use a response once,more than once,or not at all.

Accepted Answer

The answer of Match the following.You may use a response...

Question 3

Official approaches to social responsibility include legal compliance,ethical compliance,and ____________________.

Accepted Answer

philanthro

Question 4

The four ethical norms are utility,rights,justice,and caring.Describe each of them.Which norm do you subscribe to?

Accepted Answer

The four ethical norms are utility, righ

Question 5

Which of the following statements is NOT one of the arguments offered in favor of social responsibility?

Accepted Answer

A) Corporations are citizens. 
B) Corporations have ample resources. 
C) Corporations lack expertise. 
D) Corporations create problems and should help solve them. 
E) All of these choices 
A) Corporations are citizens. 
B) Corporations have ample resources. 
C) Corporations lack expertise. 
D) Corporations create problems and should help solve them. 
E) All of these choices

Question 6

The Sarbanes-Oxley Act requires CIOs to personally vouch for the truthfulness and fairness of their firms' financial disclosures.

Accepted Answer

A) True 
 B)False

Question 7

Congressman Anthony Weiner resigned after sending naked pictures of himself to adult women who were not his wife.His actions were

Accepted Answer

A) legal and ethical. 
B) justified. 
C) legal but unethical. 
D) illegal and unethical. 
E) illegal but ethical. 
A) legal and ethical. 
B) justified. 
C) legal but unethical. 
D) illegal and unethical. 
E) illegal but ethical.

Question 8

Boards of directors are responsible for which area of emerging ethical issues?

Accepted Answer

A) Ethical leaders 
B) Ethics issues in information technology 
C) Ethics issues in privacy 
D) Corporate governance 
E) None of these choices 
A) Ethical leaders 
B) Ethics issues in information technology 
C) Ethics issues in privacy 
D) Corporate governance 
E) None of these choices

Question 9

When Girl Scouts sell cookies at Shop Rite,they are given a place to stand.When they sell at Wal-Mart the company eventually donates to their troop.Target does not allow any Girl Scout to sell cookies in front of stores.Wal-Mart is an example of the ____ stance.

Accepted Answer

A) reactive 
B) obstructionist 
C) proactive 
D) accommodative 
E) defensive 
A) reactive 
B) obstructionist 
C) proactive 
D) accommodative 
E) defensive

Question 10

All of the following issues stem from how employees treat the organization EXCEPT

Accepted Answer

A) conflicts of interest. 
B) wages and working conditions. 
C) secrecy and confidentiality. 
D) employee honesty. 
E) misappropriation of organizational resources. 
A) conflicts of interest. 
B) wages and working conditions. 
C) secrecy and confidentiality. 
D) employee honesty. 
E) misappropriation of organizational resources.

Question 11

Organizations themselves do not have ethics.

Accepted Answer

A) True 
 B)False

Question 12

L'Oreal has a foundation responsible for corporate philanthropy.This is a(n)____ stance.

Accepted Answer

A) defensive 
B) accommodative 
C) proactive 
D) reactive 
E) participative 
A) defensive 
B) accommodative 
C) proactive 
D) reactive 
E) participative

Question 13

The Nation Football League executives shorted unrestricted free agency requirements from six seasons to four,which gave individual players greater mobility and negotiating power.This is an example of how the

Accepted Answer

A) culture affects employees. 
B) employees and organization treat other economic agents. 
C) organization treats the employees. 
D) employees treat the organization. 
E) code of ethics affects employees. 
A) culture affects employees. 
B) employees and organization treat other economic agents. 
C) organization treats the employees. 
D) employees treat the organization. 
E) code of ethics affects employees.

Question 14

Which of the following is NOT a way in which the organizational context contributes to the use of unethical practices?

Accepted Answer

A) A manager becomes aware of an unethical practice, but allows it to continue. 
B) Unethical activity is encouraged as long as it is in the best interests of the firm. 
C) Rewards are provided to those who succeed at the cost of others. 
D) An employee is promoted for finding a way around a legal regulation designed to protect the environment. 
E) A manager decides to hire a relative to a position for which the relative is qualified. 
A) A manager becomes aware of an unethical practice, but allows it to continue. 
B) Unethical activity is encouraged as long as it is in the best interests of the firm. 
C) Rewards are provided to those who succeed at the cost of others. 
D) An employee is promoted for finding a way around a legal regulation designed to protect the environment. 
E) A manager decides to hire a relative to a position for which the relative is qualified.

Question 15

____ is a thorough,formal analysis of the effectiveness of a firm's response to social responsibility.

Accepted Answer

A) An ethics review 
B) A legal compliance assessment 
C) A corporate conduct review 
D) A corporate social audit 
E) Whistle-blowing 
A) An ethics review 
B) A legal compliance assessment 
C) A corporate conduct review 
D) A corporate social audit 
E) Whistle-blowing

Question 16

The ____ is not a government regulatory agency.

Accepted Answer

A) Securities and Exchange Commission 
B) Federal Aviation Administration 
C) Federal Communications Commission 
D) American Civil Liberties Union 
E) Environmental Protection Agency 
A) Securities and Exchange Commission 
B) Federal Aviation Administration 
C) Federal Communications Commission 
D) American Civil Liberties Union 
E) Environmental Protection Agency

Question 17

Judith Cruz,the executive director of the Treasure Coast Food Bank,had a logistics problem.She contacted Wal-Mart to ask for management advice.Members from Wal-Mart's distribution team arrived at the food bank,helping it improve its warehousing,sorting,and routing,to allow more food deliveries per week.The food bank went from serving 42,000 meals per week to more than 100,000 meals.The partnership negates the argument against social responsibility that says

Accepted Answer

A) based on their legal status, organizations are technically prohibited from such activities. 
B) such activity detracts from the basic mission society has given business. 
C) social responsibility programs have the potential to create substantial conflicts of interest. 
D) business executives lack the expertise to make decisions about social programs. 
E) there is too much potential for the abuse of the power that corporations have already without adding to it. 
A) based on their legal status, organizations are technically prohibited from such activities. 
B) such activity detracts from the basic mission society has given business. 
C) social responsibility programs have the potential to create substantial conflicts of interest. 
D) business executives lack the expertise to make decisions about social programs. 
E) there is too much potential for the abuse of the power that corporations have already without adding to it.

Question 18

The highest degree of social responsibility that an organization can exhibit is referred to as the proactive stance.

Accepted Answer

A) True 
 B)False

Question 19

Under U.S.law,it is illegal for a U.S.firm operating in a foreign country to pay bribes to get what it needs.Natives of some of those same countries consider the payment of bribes to be perfectly acceptable.Which of the following influences may account for this difference?

Accepted Answer

A) Cultural differences 
B) Economic influences 
C) Religious influences 
D) Educational systems 
E) All of these choices 
A) Cultural differences 
B) Economic influences 
C) Religious influences 
D) Educational systems 
E) All of these choices

Question 20

The National Football League Players Association agreed to a salary cap.This is an example of how the

Accepted Answer

A) culture affects employees. 
B) employees and organization treat other economic agents. 
C) organization treats the employees. 
D) employees treat the organization. 
E) code of ethics affects employees. 
A) culture affects employees. 
B) employees and organization treat other economic agents. 
C) organization treats the employees. 
D) employees treat the organization. 
E) code of ethics affects employees.

Exam 4: The Ethical and Social Environment

When the SEC brought charges against Bernard Madoff and his CFO,it was exercising its power of

Match the following.You may use a response once,more than once,or not at all.

Official approaches to social responsibility include legal compliance,ethical compliance,and ____________________.

The four ethical norms are utility,rights,justice,and caring.Describe each of them.Which norm do you subscribe to?

Which of the following statements is NOT one of the arguments offered in favor of social responsibility?

The Sarbanes-Oxley Act requires CIOs to personally vouch for the truthfulness and fairness of their firms' financial disclosures.

Congressman Anthony Weiner resigned after sending naked pictures of himself to adult women who were not his wife.His actions were

Boards of directors are responsible for which area of emerging ethical issues?

When Girl Scouts sell cookies at Shop Rite,they are given a place to stand.When they sell at Wal-Mart the company eventually donates to their troop.Target does not allow any Girl Scout to sell cookies in front of stores.Wal-Mart is an example of the ____ stance.

All of the following issues stem from how employees treat the organization EXCEPT

Organizations themselves do not have ethics.

L'Oreal has a foundation responsible for corporate philanthropy.This is a(n)____ stance.

The Nation Football League executives shorted unrestricted free agency requirements from six seasons to four,which gave individual players greater mobility and negotiating power.This is an example of how the

Which of the following is NOT a way in which the organizational context contributes to the use of unethical practices?

____ is a thorough,formal analysis of the effectiveness of a firm's response to social responsibility.

The ____ is not a government regulatory agency.

The highest degree of social responsibility that an organization can exhibit is referred to as the proactive stance.

Under U.S.law,it is illegal for a U.S.firm operating in a foreign country to pay bribes to get what it needs.Natives of some of those same countries consider the payment of bribes to be perfectly acceptable.Which of the following influences may account for this difference?

The National Football League Players Association agreed to a salary cap.This is an example of how the

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