Question 1

While managers have historically focused on profits as the primary gauge for evaluating organizational performance, today managers are evaluating performance by examining three sustainability gauges. These include:

Accepted Answer

A)  environment, economy, profitability 
B)  society, economy, profitability 
C)  economy, environment, society 
D)  economy, profitability, marketability 
E)  environment, society, marketability

Question 2

An organization decides to rid itself of contaminated waste by dumping it into a river. If this dumping renders the river toxic and unusable for drinking water, fishing or recreation, the entity would be considered ________.

Accepted Answer

A)  contaminated 
B)  responsible 
C)  acceptable 
D)  unsustainable 
E)  sustainable

Question 3

________ is an ecology-oriented certification program run by the U.S. Green Building Business Council, that rates the ecology impact of buildings of all types.

Accepted Answer

A)  Sustainability Market Programs 
B)  Green Initiative 
C)  Green Building = Green Money 
D)  Energy efficient 
E)  LEED (Leadership in Energy and Environmental Design)

Question 4

Which of the following acts was passed amid outcries of public outrage over outrageous management practices discovered at several companies including Enron, WorldCom, and Tyco?

Accepted Answer

A)  Gramm-Leach-Bliley Act 
B)  Financial modernization Act 
C)  Sarbanes-Oxley Act 
D)  Patriot Act 
E)  Freedom of Information Act

Question 5

Adherence to legislated social responsibilities is the minimum standard of social responsibility performance that business managers must achieve.

Accepted Answer

A) True 
 B)False

Question 6

Managers who have successfully increased the value of the organization have fulfilled their social obligation towards ________.

Accepted Answer

A)  stockholders 
B)  consumers 
C)  government agencies 
D)  employees and unions 
E)  banks and other lenders

Question 7

________ is a guideline that determines behavior to be ethical if it reflects high moral values.

Accepted Answer

A)  The utilitarian principle 
B)  The golden rule 
C)  The consequentialist principle 
D)  The virtue standard 
E)  The four-way test

Question 8

What is a code of ethics? What are the issues that it commonly addresses?

Accepted Answer

The answer of What is a code of ethics? What...

Question 9

Which of the following is the most often-used reason why managers should build sustainable organizations?

Accepted Answer

A)  Establishing orderly uses for resources increases the organization's profit. 
B)  Guiding the activities of organization members helps attain organizational objectives. 
C)  Determining the organization's objectives helps in attaining its goals. 
D)  Increased sustainability commonly results in more profitable organizations. 
E)  Determining the organization's actions leads to an increase in the profitability.

Question 10

Which of the following areas does an organization focus on when it emphasizes performing behavior akin to protecting natural resources like air, water, and land?

Accepted Answer

A)  the economy 
B)  the customer 
C)  the environment 
D)  the government 
E)  the society

Question 11

Setting sustainability goals is a critical component of an organization's sustainability effort. Such goals set clear targets on which all organization members can focus. One main factor in reaching sustainability goals is ________.

Accepted Answer

A)  tracking progress 
B)  anticipating progress 
C)  conducting progress 
D)  ensuring progress 
E)  predicting progress

Question 12

Making donations to causes that do not somehow protect and enhance the continuity of the organization seems ________.

Accepted Answer

A)  unfounded 
B)  socially irresponsible 
C)  fair 
D)  underdeveloped 
E)  competitive

Question 13

Which of the following guidelines indicates that in order to be ethical, corporate behavior must respect the dignity of human nature?

Accepted Answer

A)  the Utilitarian standard 
B)  the Rights standard 
C)  the Virtue standard 
D)  the Markkula principle 
E)  the Behavioral standard

Question 14

A manager's actions to build organizations that are sustainable in economic, environmental, and societal activities are commonly referred to as ________.

Accepted Answer

A)  triple bottom line 
B)  three-goal winners 
C)  triple goal line 
D)  triple income line 
E)  three bottom line

Question 15

In business, ethics can be defined as the capacity to reflect on ________ in the corporate decision-making process.

Accepted Answer

A)  customer preferences 
B)  competitive strategies 
C)  values 
D)  production bottlenecks 
E)  workforce diversity

Question 16

Which of the following is an argument for business performing social responsibility activities?

Accepted Answer

A)  Business institutions, as citizens, have the responsibility to become involved in certain social problems that are outside their normal areas of operation. 
B)  Social responsibility arises from social power. 
C)  The social costs and benefits of an activity, product, or service shall be thoroughly calculated and considered in deciding whether to proceed with it. 
D)  Because business is such an influential member of society, it has the responsibility to help maintain and improve the overall welfare of society. 
E)  Business shall operate as a two-way open system, with open receipt of inputs from society and open disclosure of its operations to the public.

Question 17

Why is it often said that an organization's code of ethics really only apply to the internals of an organization? Defend your answer.

Accepted Answer

The answer of Why is it often said that an...

Question 18

Which of the following is the primary function of the Equal Employment Opportunity Commission?

Accepted Answer

A)  It ensures that employers holding federal contracts grant equal employment opportunity to people regardless of their race or sex. 
B)  It strives to reduce consumer misunderstanding of manufacturers' product design, labeling, and so on, by promoting clarity of these messages. 
C)  It formulates and enforces environmental standards in such areas as water, air, and noise pollution. 
D)  It regulates safety and health conditions in nongovernment workplaces. 
E)  It investigates and conciliates employment discrimination complaints that are based on race, sex, or creed.

Question 19

Which of the following statements is true about the concept of social responsibility?

Accepted Answer

A)  It views business as having societal goals, but lacking economic goals. 
B)  It considers business as having both societal and economic goals as well as the obligation to anticipate potential social problems and work actively toward preventing their occurrence. 
C)  It views business as having societal goals and the obligation to anticipate potential social problems, but lacking economic goals. 
D)  It considers business as having primarily economic purposes and confines social responsibility activity mainly to existing legislation. 
E)  It views business as not having economic or societal goals.

Question 20

A company focused on not only offering goods and services customers value but also ensuring the community and other environmental factors surrounding the company do not suffer from the firm's actions is said to be ________.

Accepted Answer

A)  educational 
B)  sustainable 
C)  occupational 
D)  self-sufficient 
E)  responsive

Exam 2: Managers, Society, and Sustainability