Question 1

Which of the following would most likely be considered an appropriate action for a multinational company in meeting its global corporate social responsibility obligations?

Accepted Answer

A) lowering production costs for specific manufactured items 
B) improving the efficiency of assembly line operations 
C) developing a strategic plan to enter an emerging market 
D) devoting substantial R&D to poor-country ailments

Question 2

________ are moral principles and values that govern the behavior of people, firms, and governments, regarding right and wrong.

Accepted Answer

A) Attitudes 
B) Ethics 
C) Laws 
D) Biases

Question 3

Widespread corruption hinders economic development.

Accepted Answer

A) True 
 B)False

Question 4

The ________ is a policy platform and practical framework for companies committed to sustainability and responsible business practices. It is the world's largest voluntary corporate citizenship initiative, representing thousands of businesses in more than 135 countries.

Accepted Answer

A) Organization for Economic Cooperation and Development 
B) United Nations Global Compact 
C) International Economic Development Council 
D) Global Reporting Initiative

Question 5

Which of the following is true with regard to corruption?

Accepted Answer

A) Countries with minimal corruption fail to attract direct investment. 
B) In firms, corruption rarely occurs across the range of value chain activities. 
C) Corruption harms the poorest in societies. 
D) Under the Sherman Antitrust Act, firms charged for corruption may be fined $2 million and managers can be imprisoned for up to five years.

Question 6

Which of the following is true with regard to bribery?

Accepted Answer

A) Bribery promotes a culture of dishonesty and immorality. 
B) Bribery poses no significant threat to market economies. 
C) Bribery is considerably rare in developing economies. 
D) Bribery is not acceptable in much of the world.

Question 7

What is an ethical dilemma? In a short essay, include one example of an ethical dilemma that a business manager might face.

Accepted Answer

The answer of What is an ethical dilemma? In a...

Question 8

Corporate social responsibility represents the apex of the pyramid of ethical behavior.

Accepted Answer

A) True 
 B)False

Question 9

Advances in communications technologies makes it difficult to deceive consumers in foreign countries .

Accepted Answer

A) True 
 B)False

Question 10

Which of the following acts makes it illegal for U.S. firms to offer bribes to foreign parties in order to secure or retain business?

Accepted Answer

A) the U.S. Foreign Corrupt Practices Act 
B) the Robinson-Patman Act 
C) the U.S. Securities Exchange Act 
D) the Sherman Antitrust Act

Question 11

Sustainable practices lead to ________.

Accepted Answer

A) cost savings from more efficient production 
B) the abolition of labor unions 
C) higher employee turnover 
D) reduced operational flexibility

Question 12

Upholding the right to join labor unions is an example of CSR values.

Accepted Answer

A) True 
 B)False

Question 13

In the five-step framework for making ethical decisions, implementing a course of action implies ________.

Accepted Answer

A) assessing how effective the decision was 
B) reviewing any proposed action to ensure it is acceptable according to company policy and the firm's code of conduct 
C) determining the nature and dimensions of the ethical problem 
D) creating new rules, processes, or procedures, and putting these into effect

Question 14

The managers discuss various ethical problems commonly encountered in their local territories. Which of the following representatives is most likely to label counterfeiting of goods as the biggest challenge in his/her country?

Accepted Answer

A) Jang 
B) Luis 
C) Marta 
D) Geoff

Question 15

Piracy is equivalent to counterfeiting.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following approaches to ethical standards for corporate governance reflects the view that the best ethical action is the one that provides the most good or the least harm?

Accepted Answer

A) common good approach 
B) utilitarian approach 
C) virtue approach 
D) fairness approach

Question 17

The Nike "swoosh" is an example of a ________.

Accepted Answer

A) patent 
B) fad 
C) copyright 
D) trademark

Question 18

Corruption is defined as ________.

Accepted Answer

A) the system of procedures and processes by which corporations are managed, directed, and controlled 
B) a manner of operating a business that meets or exceeds the ethical, legal, commercial, and public expectations of customers 
C) the abuse of power to achieve illegitimate personal gain 
D) the tendency to make decisions based purely on cognitive factors

Question 19

An individual who believes in ethical normativism is most likely to view ethical behavioral standards as ________.

Accepted Answer

A) universal 
B) constantly changing 
C) dependent on societal norms 
D) superior to religious beliefs

Question 20

Grease payments intended to expedite transactions are both accepted and legal in many countries.

Accepted Answer

A) True 
 B)False

Exam 4: Ethics, Corporate Social Responsibility, Sustainability and Corporate Governance

Which of the following would most likely be considered an appropriate action for a multinational company in meeting its global corporate social responsibility obligations?

________ are moral principles and values that govern the behavior of people, firms, and governments, regarding right and wrong.

Widespread corruption hinders economic development.

The ________ is a policy platform and practical framework for companies committed to sustainability and responsible business practices. It is the world's largest voluntary corporate citizenship initiative, representing thousands of businesses in more than 135 countries.

Which of the following is true with regard to corruption?

Which of the following is true with regard to bribery?

What is an ethical dilemma? In a short essay, include one example of an ethical dilemma that a business manager might face.

Corporate social responsibility represents the apex of the pyramid of ethical behavior.

Advances in communications technologies makes it difficult to deceive consumers in foreign countries .

Which of the following acts makes it illegal for U.S. firms to offer bribes to foreign parties in order to secure or retain business?

Sustainable practices lead to ________.

Upholding the right to join labor unions is an example of CSR values.

In the five-step framework for making ethical decisions, implementing a course of action implies ________.

The managers discuss various ethical problems commonly encountered in their local territories. Which of the following representatives is most likely to label counterfeiting of goods as the biggest challenge in his/her country?

Piracy is equivalent to counterfeiting.

Which of the following approaches to ethical standards for corporate governance reflects the view that the best ethical action is the one that provides the most good or the least harm?

The Nike "swoosh" is an example of a ________.

Corruption is defined as ________.

An individual who believes in ethical normativism is most likely to view ethical behavioral standards as ________.

Grease payments intended to expedite transactions are both accepted and legal in many countries.