Question 1

________ is a personality attribute that measures the degree to which people believe they control their own fate.

Accepted Answer

A) Ego strength 
B) Locus of control 
C) Social responsibility 
D) Social obligation 
E) Social autonomy

Question 2

To maintain competitive advantage, large global corporations may look to lower their costs and be more competitive by outsourcing to countries where human rights are ________.

Accepted Answer

A) not a high priority 
B) monitored by Amnesty International 
C) a high priority 
D) not approved by the Australian Government 
E) known to be held in high esteem

Question 3

The belief that businesses are being socially responsible when they attend only to economic interests is known as which argument against a firm's being socially responsible?

Accepted Answer

A) dilution of purpose 
B) violation of profit maximisation 
C) costs 
D) too much power 
E) lack of accountability

Question 4

According to the textbook, 'social responsibility' and 'social responsiveness' are the same thing.

Accepted Answer

A) True 
 B)False

Question 5

Which of the following descriptions characterises an individual at the preconventional level of moral development?

Accepted Answer

A) a person who lives up to what is expected by people close to them 
B) a person maintaining conventional order by fulfilling obligations to which they have agreed 
C) a person valuing rights of others and upholding absolute values and rights regardless of the majority's opinion 
D) a person following self-chosen ethical principles even if they violate the law 
E) a person following rules only when doing so is in their immediate interest

Question 6

Write a short essay that explains the concepts of social entrepreneurship.Include an example of social entrepreneurship in the field of sustainability.

Accepted Answer

The answer of Write a short essay that explains the...

Question 7

In considering employee ethics, people who lack a strong moral sense are more likely to do the wrong thing even if they are constrained by rules, policies, job descriptions, etc.

Accepted Answer

A) True 
 B)False

Question 8

An Academic Question
As a university student, you wonder about some of the practices in the university and just how some of its practices should be evaluated in reference to social issues.
-Refer to An Academic Question (Scenario).If your university provides job-share programs, builds a day care facility and only uses recycled paper, it could be said to be ________.

Accepted Answer

A) fulfilling its social obligation 
B) socially aware 
C) socially responsive 
D) socially image conscious 
E) socially needy

Question 9

What Would You Do?
Imagine that you are the head of a company that manufactures secondary wood products for the construction industry.Recently, there have been many reports of a plywood subflooring product that has been failing in a number of commercial locations resulting in several complaints about ruined floor coverings and, in one instance, partial collapse of a third floor, which injured three people.Your head of research and development has asked you to stop selling the product and wants to run tests on the product to determine the problem.However, third-quarter earnings reports are due out in two weeks and public knowledge of problems with a lucrative product may delay the financing of the company's expansion plans and also lower stock price.Your dilemma: Do you delay or refuse the product research, thereby enhancing the expansion plans but risking other damage and public safety, or do you immediately stop sales of the product and run the necessary tests, thereby risking the expansion plans?
-Refer to What Would You Do? (Scenario).If you (as head of the company)made your decision based on what was best for the shareholders, you would be operating with the ________ view of social responsibility.

Accepted Answer

A) neoclassical 
B) classical 
C) conservative 
D) socioeconomic 
E) contemporary

Question 10

The belief that social problems should be addressed before they reduce a firm's goal of producing goods and services is known as which argument for social responsibility?

Accepted Answer

A) public expectations 
B) long-run profits 
C) shareholder interests 
D) possession of resources 
E) superiority of prevention over cures

Question 11

The Foreign Corrupt Practices Act ________.

Accepted Answer

A) makes it illegal for US firms to make any cash payment for deferential treatment in a foreign transaction 
B) makes it illegal for US firms to make any payment over 5 per cent of total cost toward administrative overhead in foreign transactions 
C) makes it illegal for US firms to knowingly corrupt a foreign official 
D) makes it illegal for US firms to make any payment to foreign clerical or ministerial employees in exchange for service 
E) was repealed in 1992

Question 12

The belief that business leaders should not direct social policy because there is no direct line of social accountability to the public is known as what argument against a firm's being socially responsible?

Accepted Answer

A) dilution of purpose 
B) costs 
C) too much power 
D) lack of broad public support 
E) lack of accountability

Question 13

Though the outcomes are not perfectly measured, the majority of research studies show there is no negative relationship between corporate social involvement and economic performance.

Accepted Answer

A) True 
 B)False

Question 14

The classical view of organisational social responsibility is that management's only social responsibility is to maximise profits.

Accepted Answer

A) True 
 B)False

Question 15

Which best describes the difference between ego strength and locus of control?

Accepted Answer

A) Ego strength relates to extrovert personalities; locus of control relates to introversion in personality. 
B) Ego strength is about a person's convictions; locus of control is about people controlling their own fate. 
C) People with ego strength have strong moral values, whereas locus of control relates to people with low to moderate moral values. 
D) Both are aspects of how issue intensity affects moral values. 
E) Ego strength relates to how the greatness of harm effects issue intensity, whereas locus of control is about how the immediacy of consequences effects issue intensity.

Question 16

The belief that a socially responsible company will be viewed as less risky, and therefore have higher stock value, is known as which argument for social responsibility?

Accepted Answer

A) long-run profits 
B) balance of responsibility and power 
C) shareholder interests 
D) possession of resources 
E) superiority of prevention over cures

Question 17

What term indicates the degree of the strength of a person's convictions?

Accepted Answer

A) locus of control 
B) ego strength 
C) moral development 
D) conviction strength 
E) personality strength

Question 18

Which argument for social responsibility puts forth the belief that an imbalance between the large amount of power held by firms and their responsibility is harmful to the public good?

Accepted Answer

A) public expectation 
B) ethical obligation 
C) public image 
D) discouragement of further government regulation 
E) balance of responsibility and power

Question 19

The conventional level of moral development consists of which of the following stages?

Accepted Answer

A) valuing rights of others and upholding absolute values and rights regardless of the majority's opinion, and following self-chosen ethical principles even if they violate the law 
B) valuing rights of others and upholding absolute values and rights regardless of the majority's opinion, and maintaining conventional order by fulfilling obligations to which you have agreed 
C) living up to what is expected by people close to you, and following rules only when doing so is in your immediate interest 
D) living up to what is expected by people close to you, and maintaining conventional order by fulfilling obligations to which you have agreed 
E) following rules only when doing so is in your immediate interest, living up to what is expected by people close to you, and sticking to rules to avoid physical punishment

Question 20

In the ________ level of moral development, individuals respond to notions of right or wrong when there are personal consequences involved.

Accepted Answer

A) preconventional 
B) conventional 
C) principled 
D) arrival 
E) ethical

Exam 5: Social Responsibility and Managerial Ethics

________ is a personality attribute that measures the degree to which people believe they control their own fate.

To maintain competitive advantage, large global corporations may look to lower their costs and be more competitive by outsourcing to countries where human rights are ________.

The belief that businesses are being socially responsible when they attend only to economic interests is known as which argument against a firm's being socially responsible?

According to the textbook, 'social responsibility' and 'social responsiveness' are the same thing.

Which of the following descriptions characterises an individual at the preconventional level of moral development?

Write a short essay that explains the concepts of social entrepreneurship.Include an example of social entrepreneurship in the field of sustainability.

In considering employee ethics, people who lack a strong moral sense are more likely to do the wrong thing even if they are constrained by rules, policies, job descriptions, etc.

The belief that social problems should be addressed before they reduce a firm's goal of producing goods and services is known as which argument for social responsibility?

The Foreign Corrupt Practices Act ________.

The belief that business leaders should not direct social policy because there is no direct line of social accountability to the public is known as what argument against a firm's being socially responsible?

Though the outcomes are not perfectly measured, the majority of research studies show there is no negative relationship between corporate social involvement and economic performance.

The classical view of organisational social responsibility is that management's only social responsibility is to maximise profits.

Which best describes the difference between ego strength and locus of control?

The belief that a socially responsible company will be viewed as less risky, and therefore have higher stock value, is known as which argument for social responsibility?

What term indicates the degree of the strength of a person's convictions?

Which argument for social responsibility puts forth the belief that an imbalance between the large amount of power held by firms and their responsibility is harmful to the public good?

The conventional level of moral development consists of which of the following stages?

In the ________ level of moral development, individuals respond to notions of right or wrong when there are personal consequences involved.