Exam 3: Ethics and Social Responsibility

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The issue of relatively low wages paid by subcontractors to workers in ______ made headlines in 2010 after a series of suicides by factory workers.

(Multiple Choice)
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The Global Fund to Fight AIDS, Tuberculosis and Malaria constitutes contributions by international organizations to assist developing countries in dealing with these diseases.

(True/False)
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According to the text, all the following companies have been criticized for actions portraying lack of social responsibility in developing countries except:

(Multiple Choice)
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MNCs are increasingly engaged in a range of responses to growing pressures to contribute positively to the social and environmental progress of the communities in which they do business.

(True/False)
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What is meant by "fair trade"? Which products are involved in fair trade? What is the goal of the movement?

(Essay)
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Trust in business is currently at one of the highest levels in history in the United States and Europe.

(True/False)
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Corporate governance:

(Multiple Choice)
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Although French women are making strides in the management ranks, they still are underrepresented in corporate management.

(True/False)
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Corporate governance may be defined as the system by which business corporations are directed and controlled.

(True/False)
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As pressure for accountability and responsiveness continues to increase, corporate governance will undoubtedly remain high on the agenda of governments, investors, NGOs and corporations in the coming years.

(True/False)
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NGOs are public organizations that monitor the practices of private corporations.

(True/False)
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Utilitarianism favors the greatest good for the greatest number of people under a given set of constraints.

(True/False)
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Corporate social responsibility includes organizational actions that go beyond the requirements of the law and the direct interests of the firm.

(True/False)
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Which of the following statements about the "antibribing" legislation is incorrect?

(Multiple Choice)
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"Insider" systems of corporate governance are most responsive to shareholders and other stakeholders.

(True/False)
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MNCs have a very low chance of exporting "best practices" in corporate responsibilities to local firms in developing nations.

(True/False)
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The elimination of discrimination with respect to employment and occupation is a principle of the Global Compact which applies to:

(Multiple Choice)
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Identify the incorrect statement regarding the transfer of the labor force overseas.

(Multiple Choice)
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One of the major reasons why _____ remains a problem in Japan is that traditionally many male managers regard female employees as mere secretaries and, following a stereotype, feel that women employees will soon marry and leave the firm.

(Multiple Choice)
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Identify the incorrect statement with regard to equal employment opportunity in Germany.

(Multiple Choice)
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