Question 1

The triple-bottom line measures:

Accepted Answer

A)  social audit performance.
B)  profits,people,and places.
C)  economic,social,and environmental parameters.
D)  public private partnerships.E) A) and D)
F) A) and C)

Question 2

Insider trading involves:

Accepted Answer

A)  an Internet activity that establishes a barter exchange system between businesses.
B)  investors using private company information to further their own fortunes.
C)  the exchange of assets between companies in the same industry.
D)  a payment or reward for socially conscious behaviour.E) C) and D)
F) B) and D)

Question 3

Many immoral and unethical acts fall well within our laws.

Accepted Answer

A) True 
 B)False

Question 4

All of the following are reasons why a business should be managed ethically except:

Accepted Answer

A)  because it is the right thing to do.
B)  because strict global regulations require it.
C)  to attract new customers and retain existing customers.
D)  to please customers,employees,and society.E) All of the above
F) B) and C)

Question 5

Corporate standards can lead to unethical behaviour.

Accepted Answer

A) True 
 B)False

Question 6

Legal behaviour and ethical behaviour are basically the same.

Accepted Answer

A) True 
 B)False

Question 7

A business that takes a public position on a political issue is exercising corporate social responsibility.

Accepted Answer

A) True 
 B)False

Question 8

All of the following are characteristics of an effective ethics officer except:

Accepted Answer

A)  a background in human resource management.
B)  ability to relate with employees at every level of the company.
C)  capacity to serve as a counselor and an investigator.
D)  good communication skills.E) C) and D)
F) None of the above

Question 9

A recent survey reveals that employee theft is _______ customer shoplifting.

Accepted Answer

A)  greater than
B)  less than
C)  about the same as
D)  less troublesome thanE) A) and B)
F) A) and C)

Question 10

Which of the following describes charitable donations by corporations to nonprofit organizations?

Accepted Answer

A)  Corporate philanthropy
B)  Corporate responsibility
C)  Corporate strategy
D)  Structural commitmentE) A) and B)
F) All of the above

Question 11

Businesses can have either a positive or negative impact on society,although the news coverage tends to focus on the negative.

Accepted Answer

A) True 
 B)False

Question 12

Ethical behaviour requires individuals to decide for themselves what is right and wrong in each situation they face.

Accepted Answer

A) True 
 B)False

Question 13

Investors can profit from choosing to invest their money in companies whose goods and services benefit the community and the environment.

Accepted Answer

A) True 
 B)False

Question 14

Legality is

Accepted Answer

A)  narrower than ethical behavior.
B)  broader than ethical behaviour.
C)  the same as ethical behaviour.
D)  the only consideration for ethical behaviour.E) A) and B)
F) All of the above

Question 15

In the discussion of corporate social responsibility,stakeholders and stockholders refer to the same group.

Accepted Answer

A) True 
 B)False

Question 16

A code of ethics designed to avoid criminal misconduct is an example of a compliance-based ethics code.

Accepted Answer

A) True 
 B)False

Question 17

Treating others unfairly can result in retaliation from the injured party.This will likely create a:

Accepted Answer

A)  lose-win situation.
B)  win-win situation.
C)  lose-lose situation.
D)  Golden Rule application.E) A) and B)
F) A) and C)

Question 18

Barney extends his lunch break beyond the allotted time.Wilma uses the office telephone for an unauthorized personal phone call.Fred misrepresents his product to a potential customer.All of these are examples of unethical behaviour.

Accepted Answer

A) True 
 B)False

Question 19

"My only social responsibility is to make a profit.I will show my concern for society by providing my customers with a product that they need and desire".These statements are consistent with the concept of corporate social responsibility.

Accepted Answer

A) True 
 B)False

Question 20

A recent study revealed that employee theft has increased dramatically,but is still less than shoplifting.

Accepted Answer

A) True 
 B)False

Exam 5: Ethics and Social Responsibility

Barney extends his lunch break beyond the allotted time.Wilma uses the office telephone for an unauthorized personal phone call.Fred misrepresents his product to a potential customer.All of these are examples of unethical behaviour.

Correct AnswerverifiedShow Answer

The triple-bottom line measures:

Correct AnswerverifiedShow Answer

Ethical behaviour requires individuals to decide for themselves what is right and wrong in each situation they face.

Correct AnswerverifiedShow Answer

A code of ethics designed to avoid criminal misconduct is an example of a compliance-based ethics code.

Correct AnswerverifiedShow Answer

A business that takes a public position on a political issue is exercising corporate social responsibility.

Correct AnswerverifiedShow Answer

Legal behaviour and ethical behaviour are basically the same.

Correct AnswerverifiedShow Answer

Legality is

Correct AnswerverifiedShow Answer

Investors can profit from choosing to invest their money in companies whose goods and services benefit the community and the environment.

Correct AnswerverifiedShow Answer

"My only social responsibility is to make a profit.I will show my concern for society by providing my customers with a product that they need and desire".These statements are consistent with the concept of corporate social responsibility.

Correct AnswerverifiedShow Answer

A recent study revealed that employee theft has increased dramatically,but is still less than shoplifting.

Correct AnswerverifiedShow Answer

Many immoral and unethical acts fall well within our laws.

Correct AnswerverifiedShow Answer

Which of the following describes charitable donations by corporations to nonprofit organizations?

Correct AnswerverifiedShow Answer

Corporate standards can lead to unethical behaviour.

Correct AnswerverifiedShow Answer

A recent survey reveals that employee theft is _______ customer shoplifting.

Correct AnswerverifiedShow Answer

Businesses can have either a positive or negative impact on society,although the news coverage tends to focus on the negative.

Correct AnswerverifiedShow Answer

Treating others unfairly can result in retaliation from the injured party.This will likely create a:

Correct AnswerverifiedShow Answer

In the discussion of corporate social responsibility,stakeholders and stockholders refer to the same group.

Correct AnswerverifiedShow Answer

All of the following are reasons why a business should be managed ethically except:

Correct AnswerverifiedShow Answer

Insider trading involves:

Correct AnswerverifiedShow Answer

All of the following are characteristics of an effective ethics officer except:

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified