Exam 3: Social Trends, social Responsibility, and Making Ethical Decisions in Business

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The characteristics of being the first-generation of "latch-key" children (with working parents away all day),entering the job market during a period of economic recession or downsizing,and being cynical consumers who have had considerable exposure to media advertising,best represents which of the following groups?

(Multiple Choice)
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Peter Drucker,a well-known management scholar,has said that companies should be evaluated on which two basic dimensions?

(Multiple Choice)
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Today,a person could be a banker,vegetarian,mountain banker,single father and rock music fan; this is an example of which of the following?

(Multiple Choice)
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The greatest increase in the Canadian population over the next decade will come from the increased birth rate.

(True/False)
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What is the greatest social change that has impacted business in Canada over the past three decades?

(Multiple Choice)
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Canada's mass market is the demographic group born between the late 1940s and the mid-1960s,and is known as the ____________________.

(Short Answer)
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Multinational companies must balance the conflicting interests of stakeholders when making decisions regarding social responsibilities,especially in the area of human rights.

(True/False)
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Codes of ethics can have an impact in which of the following ways?

(Multiple Choice)
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Which of the following is the practice of tying philanthropy to the corporate mission or goals,and targeting donations to regions where the company operates?

(Multiple Choice)
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The philosophy of utilitarianism is used to explain why businesses should make themselves accessible to people with disabilities.

(True/False)
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Paul Thomas was going to leave the gas station without paying for the gas he had just put into his car,when he noticed a police car pull up at one of the other pumps.He went into the cashier and paid because he was afraid he would get caught if he tried to get away without paying.Thomas is in which of the following stages of ethical development?

(Multiple Choice)
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____________________ is the term given to the demographic group of people born from the early 1980s to the mid-1990s.

(Short Answer)
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Social responsibility goes beyond obligations provided by law or union contract.Which of the following represents two important aspects of social responsibility?

(Multiple Choice)
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Trends in the social environment are an aspect of the PEST model of the business environment.

(True/False)
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At the ____________________ stage of ethical development,individuals adhere to the ethical standards of mature adults and are less concerned about how others view their behaviour than how they judge themselves in the long run.

(Short Answer)
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The demographic group known as Generation X are informed and cynical ____________________ as a result of their exposure to advertising,and their experience with economic recession.

(Short Answer)
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____________________ are the individuals or groups to whom a business has responsibility.

(Short Answer)
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The lowest level on the pyramid of social responsibility is the business's ____________________ responsibilities.

(Short Answer)
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In an act of ____________________,Air Canada donated cash and plane trips to fashion models and designers participating in fashion show at a Canadian Cancer Society charitable fundraising event.

(Short Answer)
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Which of the following is the most accurate statement concerning social investing?

(Multiple Choice)
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