Question 1

Ethical behavior involves the clear and easy choice of right and wrong actions towards others.

Accepted Answer

A) True 
 B)False

Question 2

Creating competition between employees within the corporation:

Accepted Answer

A)   can encourage employees to deceive customers.
B)   should focus on improving corporate profit.
C)   must be ignored when corporate ethics are developed.
D)   can bring out the best in employees.E) B) and C)
F) All of the above

Question 3

Larson HVAC,a heating and cooling company headquartered in Milwaukee,Wisconsin,permits its employees to volunteer for nonprofit organizations,as part of their paid company time.According to recent findings,which of the following statements explains this company's action?

Accepted Answer

A)   Several smaller firms do not have enough work to keep employees busy.They fear that employees will quit and go to work elsewhere during a time of low unemployment.They protect their pool of skilled labor.
B)   Employers are learning that millennial employees are physically stronger.They would rather permit them to work on nonprofit construction sites and other laborious projects,than build them a gym at the company site.
C)   Companies find it less costly to permit employees to volunteer for food pantries and other nonprofit organizations in their area of operation,rather than make large philanthropic contributions.
D)   employee time is measured as going further for social causes than monetary contributions.E) A) and B)
F) A) and C)

Question 4

One factor causing businesses to vigorously enforce ethical standards is the:

Accepted Answer

A)   desire to eliminate employee turnover.
B)   fear of negative publicity.
C)   focus on criminal penalties.
D)   evasion of social audit measurements.E) All of the above
F) A) and B)

Question 5

Corporate social responsibility describes the firm's:

Accepted Answer

A)   exclusive responsibility to its stockholders.
B)   ability to plan for the unexpected.
C)   commitment to a management training program.
D)   concern for the welfare of society.E) B) and D)
F) A) and D)

Question 6

In the past,whistleblowers were known as persons with a universal moral calling.However,seldom did these individuals receive tangible rewards for their efforts.When it was all said and done,they often fell into hard times.Whistleblowers got a boost in 2010,with the passage of the Dodd-Frank Wall Street Reform and Consumer Protection Act.A provision of this act permits whistleblowers to ____________________.

Accepted Answer

A)   Remain at their jobs,after reporting a securities violation.
B)   Receive up to 30% of the penalty funds that exceed $1 million that the courts recover from companies proven to be in violation.
C)   Represent securities violations only in the companies where they are employed.
D)   Automatically receive up to a $1 million dollar reward for reporting a securities violation,as well as retain his/her job.E) A) and D)
F) B) and D)

Question 7

A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at the company.After receiving a verbal nod from the supervisors,he then proceeds to pass around a written form of the new policy and asks all members of the team to initial it.He explains to the supervisors that the new policy will be posted in the break rooms on each floor of corporate headquarters.If you were a part of this work team,which question would you ultimately ask yourself before initialing your approval of this policy?

Accepted Answer

A)   Is it legal?
B)   Is it balanced?
C)   How will it make me feel about myself?
D)   Is it a lose-lose situation?E) A) and B)
F) C) and D)

Question 8

Many U.S.companies are demanding socially responsible behavior from their international suppliers.

Accepted Answer

A) True 
 B)False

Question 9

Given the ethical lapses that are prevalent today in our businesses,which of the following can be done to restore trust in the free-market system and leaders in general?

Accepted Answer

A)   Business leaders that have broken the law should be given another chance.
B)   New laws making accounting records transparent may help restore trust.
C)   Making the government accountable for business leader behavior will restore trust.
D)   It's up to the government to pass laws requiring ethical behavior of all leaders,business and otherwise.E) C) and D)
F) A) and D)

Question 10

Ethical behavior at work is learned by:

Accepted Answer

A)   Attending corporate responsibility seminars.
B)   Tracking the failures of those who are caught in business scandals.
C)   Reading about why others were fired from the job.
D)   Observing the actions of others.E) None of the above
F) A) and B)

Question 11

Last week,the Local Citizens for a Greener America sent a formal document to Chipper's Golf Resort asking the private club to measure its carbon footprint and publicly disclose the amount of fertilizer and other carbon emitting substances that is uses on its two award winning golf courses.LCGA is an example of __________.

Accepted Answer

A)   an employee organization that has emerged at the resort
B)   a watchdog group
C)   a disgruntled non-profit organization that has a beef against golfers
D)   a public interest group that is demonstrating social responsibilityE) A) and C)
F) C) and D)

Question 12

Many businesses have developed internal procedures to enforce their ethical policies.Which of the following is an example of an outside group urging ethical behavior in businesses?

Accepted Answer

A)   Management teams
B)   Union officials
C)   Suppliers
D)   Foreign trade representativesE) B) and C)
F) All of the above

Question 13

Corporate social responsibility refers to the concern businesses have for the welfare of society.

Accepted Answer

A) True 
 B)False

Question 14

Which of the following statements best describes a firm's commitment to its customers?

Accepted Answer

A)   The firm is responsible for offering domestic products to foreign customer markets.
B)   One's social responsibility to customers is clear-cut.
C)   Customers will only support companies who make a visible effort to keep prices low.
D)   Firms that offer real value will develop a competitive advantage and gain customer trust.E) A) and C)
F) B) and C)

Question 15

The purpose of sobriety checkpoints that are set up by community and state police is to deter drunk driving and ultimately save lives.While not mandated,the makers of Blackberry™ have complied with the public request of several legislators and have obediently removed apps that permit smartphone users to navigate around the checkpoints.Google™ and Apple™ have elected not to honor such requests.Google said the apps do not violate the company's content policy.After studying about ethics and social responsibility,which of the following statements applies to this situation?

Accepted Answer

A)   Laws represent the minimum guidelines that companies must follow,whereas a firm's ethical stance may venture beyond the minimum level of compliance.
B)   Google and Apple are showing corporate social responsibility because they demonstrate concern for their investors,which is exactly where their focus should be.
C)   Blackberry is acting philanthropically toward government.
D)   Google and Apple are showing their distrust for big government,and their avoidance of contributing toward philanthropic causes.E) A) and D)
F) A) and C)

Question 16

Two recent studies found a strong correlation between academic dishonesty among undergraduates and dishonesty at work.

Accepted Answer

A) True 
 B)False

Question 17

Management's philosophy at Apple,Inc.has often stated that a fit body contributes to more productivity at work.Apple provides exercise facilities at most of its sites across America,and permits employees to use a half-hour of work time each day to relieve stress through exercise.This serious position on physical fitness is part of Apple's __________.

Accepted Answer

A)   corporate philanthropy
B)   corporate policy
C)   community mediation services
D)   participative fundingE) None of the above
F) A) and B)

Question 18

Which of the following would most likely involve ethical concerns?

Accepted Answer

A)   Overstating an expense report.
B)   Forecasting sales for the next year.
C)   Developing the marketing plan for the next year.
D)   Improving working conditions.E) All of the above
F) A) and C)

Question 19

Which of the following people would be most in favor of CSR (Corporate Social Responsibility) ?

Accepted Answer

A)   Milton Friedman
B)   Adam Smith
C)   Bill Gates
D)   Kenneth LayE) C) and D)
F) A) and B)

Question 20

An ethical dilemma refers to a situation where you must:

Accepted Answer

A)   treat someone unfairly.
B)   choose between equally unsatisfactory alternatives.
C)   choose between a correct and an incorrect option.
D)   balance the concerns of profit and legality.E) B) and D)
F) C) and D)

Exam 4: Demanding Ethical and Socially Responsible Behavior

Which of the following would most likely involve ethical concerns?

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Two recent studies found a strong correlation between academic dishonesty among undergraduates and dishonesty at work.

Correct Answer
verified

Larson HVAC,a heating and cooling company headquartered in Milwaukee,Wisconsin,permits its employees to volunteer for nonprofit organizations,as part of their paid company time.According to recent findings,which of the following statements explains this company's action?

Correct Answer
verified

One factor causing businesses to vigorously enforce ethical standards is the:

Correct Answer
verified

Given the ethical lapses that are prevalent today in our businesses,which of the following can be done to restore trust in the free-market system and leaders in general?

Correct Answer
verified

Corporate social responsibility describes the firm's:

Correct Answer
verified

Correct Answer
verified

Which of the following people would be most in favor of CSR (Corporate Social Responsibility) ?

Correct Answer
verified

Which of the following statements best describes a firm's commitment to its customers?

Correct Answer
verified

Corporate social responsibility refers to the concern businesses have for the welfare of society.

Correct Answer
verified

Correct Answer
verified

Creating competition between employees within the corporation:

Correct Answer
verified

Ethical behavior involves the clear and easy choice of right and wrong actions towards others.

Correct Answer
verified

Ethical behavior at work is learned by:

Correct Answer
verified

Many U.S.companies are demanding socially responsible behavior from their international suppliers.

Correct Answer
verified

An ethical dilemma refers to a situation where you must:

Correct Answer
verified

Many businesses have developed internal procedures to enforce their ethical policies.Which of the following is an example of an outside group urging ethical behavior in businesses?

Correct Answer
verified

Exam 4: Demanding Ethical and Socially Responsible Behavior

Which of the following would most likely involve ethical concerns?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Two recent studies found a strong correlation between academic dishonesty among undergraduates and dishonesty at work.

Correct AnswerverifiedShow Answer

Larson HVAC,a heating and cooling company headquartered in Milwaukee,Wisconsin,permits its employees to volunteer for nonprofit organizations,as part of their paid company time.According to recent findings,which of the following statements explains this company's action?

Correct AnswerverifiedShow Answer

One factor causing businesses to vigorously enforce ethical standards is the:

Correct AnswerverifiedShow Answer

Given the ethical lapses that are prevalent today in our businesses,which of the following can be done to restore trust in the free-market system and leaders in general?

Correct AnswerverifiedShow Answer

Corporate social responsibility describes the firm's:

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Which of the following people would be most in favor of CSR (Corporate Social Responsibility) ?

Correct AnswerverifiedShow Answer

Which of the following statements best describes a firm's commitment to its customers?

Correct AnswerverifiedShow Answer

Corporate social responsibility refers to the concern businesses have for the welfare of society.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Creating competition between employees within the corporation:

Correct AnswerverifiedShow Answer

Ethical behavior involves the clear and easy choice of right and wrong actions towards others.

Correct AnswerverifiedShow Answer

Ethical behavior at work is learned by:

Correct AnswerverifiedShow Answer

Many U.S.companies are demanding socially responsible behavior from their international suppliers.

Correct AnswerverifiedShow Answer

An ethical dilemma refers to a situation where you must:

Correct AnswerverifiedShow Answer

Many businesses have developed internal procedures to enforce their ethical policies.Which of the following is an example of an outside group urging ethical behavior in businesses?

Correct AnswerverifiedShow Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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