Question 1

Which of the following are aspects of the new social contract trend between employer and employee?

Accepted Answer

A)   The employee will always have job security.
B)   The employee has the right to pay that reflects his or her contribution.
C)   The employee cannot demand interesting work.
D)   The employee is not responsible for finding ways to add value to the organization. B

Question 2

The size of the "Baby Boomer" population in Canada has encouraged businesses to try to cater to the individualized needs and interests of this demographic.

Accepted Answer

A) True 
 B)False  True

Question 3

Which of the following is the study of people's vital statistics,such as their age,race and ethnicity,and location?

Accepted Answer

A)   democracy
B)   demographics
C)   marketing
D)   consumerism B

Question 4

Which of the following statements about whistle blowers is most accurate?

Accepted Answer

A)   The protection for whistle blowers in Canada is primarily related to health and safety issues.
B)   A whistle blower must be an employee of the organization.
C)   There have been very few reported instances of whistle blowing in Canada.
D)   There is no protection for whistle blowers in Canada.

Question 5

A new trend in the form of a new social contract between employer and employee regarding job security is emerging.How is the responsibility for ensuring job security shared?

Accepted Answer

The answer of A new trend in the form of...

Question 6

Older consumers are best described by which of the following?

Accepted Answer

A)   They have part-time employment to add to their incomes.
B)   They are the most significant group with respect to their consumerism.
C)   They enjoy spending freely in their retirement years.
D)   They are reluctant to spend money unless they can make cash purchases.

Question 7

Vonda Bao works for a furniture store that was near bankruptcy.She developed a marketing promotion where customers could buy one room of furnishings,and get a second room of equal value free.Her employer will be able to offer this promotion if,just prior to advertising,he doubles all of the prices.Vonda knows that the advertising will make customers believe they are getting a good deal,and she thinks her employer should go ahead with the plan because it will allow the store to earn enough to stay in business.Vonda is at which stage of ethical development?

Accepted Answer

A)   preconventional
B)   conventional
C)   societal
D)   self-defined

Question 8

The employees,the wood suppliers,the customers,and the government inspectors in a company that manufactures fine wooden office furniture are described as being which of the following?

Accepted Answer

A)   partners
B)   shareholders
C)   investors
D)   stakeholders

Question 9

The chemical waste from a factory is at the legal limits that are allowed for disposal through drains and sewers on the factory property.Even though it is at legal limits,it could potentially harm wildlife along the nearby river,and could affect neighbouring farms and livestock through streams and ponds.The factory owners want to prevent this from happening,but it will mean that they need to spend nearly $3 million for new equipment,and this will mean eliminating 70 jobs.A company president who would implement the new equipment to reduce the chemical waste because it could harm the environment and surrounding community is in which stage of ethical development?

Accepted Answer

A)   preventional
B)   conventional
C)   preconventional
D)   postconventional

Question 10

Home Depot,the building store company,supplies all the materials and the labour expertise for Habitat for Humanity,a charitable home-building program.Senior management believes that this type of philanthropy better reflects the company's commitment to the community than simply donating money to charitable causes.This is an example of which of the following?

Accepted Answer

A)   social investing
B)   strategic giving
C)   social philanthropy
D)   strategic paternalism

Question 11

The first step in making ethical decisions is to learn to recognize unethical activities when they occur.

Accepted Answer

A) True 
 B)False

Question 12

Amra Singh was walking through the mall near her home and found an expensive watch lying on the ground.The decision that she must make-to keep the watch for herself,or turn it in to the mall's lost-and-found counter-involves which of the following?

Accepted Answer

A)   consumerism
B)   cultural awareness
C)   ethics
D)   social reciprocity

Question 13

A company can be concerned about which of the following types of responsibilities after it has met its economic and legal responsibilities?

Accepted Answer

A)   societal
B)   stakeholder
C)   ethical
D)   cultural

Question 14

What is the term used to describe the group consisting of the employees,investors,suppliers,and consumers of a manufacturer of laboratory equipment?

Accepted Answer

The answer of What is the term used to describe...

Question 15

Why are "component lifestyles" important for marketers to understand?

Accepted Answer

The answer of Why are "component lifestyles" important for marketers...

Question 16

In the pyramid of corporate social responsibility,economic performance is the foundation for legal responsibility.

Accepted Answer

A) True 
 B)False

Question 17

Canada is shifting from a society dominated by British and Western European culture toward a society characterized by many racial and ethnic minorities.Name the term used to describe this new society.

Accepted Answer

The answer of Canada is shifting from a society dominated...

Question 18

According to management expert Peter Drucker,what are the basic dimensions of social responsibility?

Accepted Answer

The answer of According to management expert Peter Drucker,what are...

Question 19

Cash donations of equipment and products and support for volunteer efforts of employees are all aspects of which of the following?

Accepted Answer

A)   corporate philanthropy
B)   whistle blowing
C)   social contract
D)   social responsibility

Question 20

What are ethics?

Accepted Answer

The answer of What are ethics?...

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