Question 1

The position a firm takes on issues that affect the corporation as well as society is known as its:

Accepted Answer

A)  political philanthropy.
B)  corporate policy.
C)  target posturing.
D)  structural positioning.E) All of the above
F) None of the above

Question 2

We are seeing more efforts made to reverse years of neglect to the environment.

Accepted Answer

A) True 
 B)False

Question 3

An ethics officer serves both as a counselor and as an investigator.

Accepted Answer

A) True 
 B)False

Question 4

Determining what is involved for a firm to be socially responsible:

Accepted Answer

A)  is easy.
B)  varies even among those who are interested in corporate responsibility.
C)  helps government officials develop appropriate legislation.
D)  varies from industry to industry.E) B) and D)
F) A) and C)

Question 5

When it comes to social responsibility,some people feel that "before you can do good,you must do well".This reflects a firm's primary responsibility is to their:

Accepted Answer

A)  customers.
B)  investors.
C)  employees.
D)  community.E) None of the above
F) B) and D)

Question 6

Both the strategic and pluralist approaches recognize the responsibility of management to optimize profits.

Accepted Answer

A) True 
 B)False

Question 7

Which of the following activities would generally not be included in the social audit of a business?

Accepted Answer

A)  Support for higher education,the arts,and nonprofit groups.
B)  Employee-related activities.
C)  Comparisons of profits versus the profits of other firms.
D)  Consumer activities such as product safety,honest advertising,and fair pricing.E) All of the above
F) B) and C)

Question 8

Individuals who can set a positive tone,relate well to others and communicate effectively make the most effective ethics officers.

Accepted Answer

A) True 
 B)False

Question 9

Ethical behaviour will result in all of the following except:

Accepted Answer

A)  greater trust and cooperation between employees and managers.
B)  balanced,fair agreements that create benefits for all involved.
C)  negative publicity from the news media.
D)  improved self-esteem.E) B) and D)
F) All of the above C

Question 10

In reality,ethical behaviour depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by you losing the fight to hold down labour costs.Often,it is a win-lose relationship.

Accepted Answer

A) True 
 B)False

Question 11

Issues of social responsibility and ethical behaviour are:

Accepted Answer

A)  the result of greed found in capitalist countries.
B)  found primarily in countries with a low standard of living.
C)  a concern only of business professors.
D)  found in many different countries.E) A) and B)
F) A) and C)

Question 12

Charges of unethical business practices are common outside Canada.

Accepted Answer

A) True 
 B)False

Question 13

Legal behaviour is a first step toward ethical behaviour.

Accepted Answer

A) True 
 B)False

Question 14

Management can create an environment in which unethical behaviour can develop.

Accepted Answer

A) True 
 B)False  True

Question 15

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) A) and D)
F) A) and C)

Question 16

Which step is the most critical to help improve business ethics?

Accepted Answer

A)  Top management must adopt and support a corporate code of conduct.
B)  The ethics code must be enforced.
C)  An ethics office must be set up.
D)  Outsiders must be told about the ethics program.E) A) and D)
F) A) and B) B

Question 17

Given the level of diversity within Canada,agreement on common standards of ethical behaviour is unachievable.

Accepted Answer

A) True 
 B)False

Question 18

Ethical behaviour refers to the standards that are accepted by society as right or wrong.

Accepted Answer

A) True 
 B)False

Question 19

Trust between workers and managers must be based on a foundation of fairness,honesty,openness,and moral integrity.

Accepted Answer

A) True 
 B)False

Question 20

Given the ethical lapses that are so prevalent today,what can be done to restore trust in the free-market and leaders in general?

Accepted Answer

Those who have broken the law need to be...

Exam 5: Ethics and Social Responsibility

The position a firm takes on issues that affect the corporation as well as society is known as its:

Correct AnswerverifiedShow Answer

We are seeing more efforts made to reverse years of neglect to the environment.

Correct AnswerverifiedShow Answer

An ethics officer serves both as a counselor and as an investigator.

Correct AnswerverifiedShow Answer

Determining what is involved for a firm to be socially responsible:

Correct AnswerverifiedShow Answer

When it comes to social responsibility,some people feel that "before you can do good,you must do well".This reflects a firm's primary responsibility is to their:

Correct AnswerverifiedShow Answer

Both the strategic and pluralist approaches recognize the responsibility of management to optimize profits.

Correct AnswerverifiedShow Answer

Which of the following activities would generally not be included in the social audit of a business?

Correct AnswerverifiedShow Answer

Individuals who can set a positive tone,relate well to others and communicate effectively make the most effective ethics officers.

Correct AnswerverifiedShow Answer

Ethical behaviour will result in all of the following except:

Correct AnswerverifiedC

In reality,ethical behaviour depends on the situation.For example,in negotiating a contract with your employees,the way they win higher wages is by you losing the fight to hold down labour costs.Often,it is a win-lose relationship.

Correct AnswerverifiedShow Answer

Issues of social responsibility and ethical behaviour are:

Correct AnswerverifiedShow Answer

Charges of unethical business practices are common outside Canada.

Correct AnswerverifiedShow Answer

Legal behaviour is a first step toward ethical behaviour.

Correct AnswerverifiedShow Answer

Management can create an environment in which unethical behaviour can develop.

Correct AnswerverifiedTrue

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

Correct AnswerverifiedShow Answer

Which step is the most critical to help improve business ethics?

Correct AnswerverifiedB

Given the level of diversity within Canada,agreement on common standards of ethical behaviour is unachievable.

Correct AnswerverifiedShow Answer

Ethical behaviour refers to the standards that are accepted by society as right or wrong.

Correct AnswerverifiedShow Answer

Trust between workers and managers must be based on a foundation of fairness,honesty,openness,and moral integrity.

Correct AnswerverifiedShow Answer

Given the ethical lapses that are so prevalent today,what can be done to restore trust in the free-market and leaders in general?

Correct AnswerverifiedThose who have broken the law need to be...View AnswerShow Answer

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C

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True

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B

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Those who have broken the law need to be...
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