Question 1

More and more companies have written codes of conduct.

Accepted Answer

A) True 
 B)False

Question 2

Issues of social responsibility and ethical behaviour are:

Accepted Answer

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

Question 3

Cigarette producers label their products with warnings of potential health hazards.This is an example of a compliance-based code of ethics.

Accepted Answer

A) True 
 B)False

Question 4

Identify and discuss the social responsibilities of a firm to three stakeholder groups.

Accepted Answer

Customers.Businesses are responsible to ...

Question 5

A Canadian government official has indicated that for a generous contribution to his re-election fund,he would ignore your firm's apparent violation of several anti-pollution laws.Which of the following "ethics check questions" would you consider first?

Accepted Answer

A)  Is it fair?
B)  How much do you want?
C)  How will it make me feel about myself?
D)  Is it legal?E) All of the above
F) A) and B)

Question 6

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

Accepted Answer

A) True 
 B)False

Question 7

Ethical behaviour looks at treating others fairly.

Accepted Answer

A) True 
 B)False

Question 8

A product with the FAIRTRADE mark means that it can be sold in foreign countries.

Accepted Answer

A) True 
 B)False

Question 9

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

Accepted Answer

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

Question 10

Business behaviour determines the ethics of society.We can improve society's moral and ethical behaviour by first making a commitment to improving business' moral and ethical behaviour.

Accepted Answer

A) True 
 B)False

Question 11

Which of the following is the most important step to help improve Canada's business ethics?

Accepted Answer

A)  Training.
B)  Enforcement.
C)  Middle management support.
D)  Identification of the organizational ethics officer.E) B) and C)
F) C) and D)

Question 12

One problem of conducting a social audit is:

Accepted Answer

A)  the primary focus of management is on the interests of stakeholders.
B)  governmental "red-tape."
C)  determining what should be measured and how to calculate the effect on society.
D)  that most businesses are really not very concerned with these issues.E) All of the above
F) A) and B)

Question 13

Legality is

Accepted Answer

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

Question 14

While "doing the right thing" is an admirable code of ethics,there are no international organizations dealing with global ethics and corruption.

Accepted Answer

A) True 
 B)False

Question 15

Doogood Corporation would like its employees,customers,and the general public to be aware of the activities and programs they have done for the community over the past year.The company might consider doing a:

Accepted Answer

A)  contributory analysis.
B)  annual payment report.
C)  social audit.
D)  responsibility review.E) None of the above
F) A) and C)

Question 16

Why should a business be managed ethically?

Accepted Answer

To maintain a good reputation;to keep ex...

Question 17

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

Accepted Answer

A) True 
 B)False

Question 18

The economic power of large multinational firms allows them to ignore the ethical standards of a society without consequences.

Accepted Answer

A) True 
 B)False

Question 19

A competitive corporate environment:

Accepted Answer

A)  should focus on improving corporate profit.
B)  can best define ethical behaviour based on current circumstances.
C)  must be ignored when corporate ethics are developed.
D)  can encourage employees to deceive customers.E) None of the above
F) B) and C)

Question 20

Purposefully understating your firm's income to avoid paying higher taxes is an example of:

Accepted Answer

A)  illegal behaviour.
B)  an accepted business practice.
C)  a firm's responsibility to its owners.
D)  tax accountants doing their job.E) None of the above
F) B) and C)

Exam 5: Ethics and Social Responsibility

The economic power of large multinational firms allows them to ignore the ethical standards of a society without consequences.

Correct AnswerverifiedShow Answer

Purposefully understating your firm's income to avoid paying higher taxes is an example of:

Correct AnswerverifiedShow Answer

More and more companies have written codes of conduct.

Correct AnswerverifiedShow Answer

Why should a business be managed ethically?

Correct AnswerverifiedTo maintain a good reputation;to keep ex...View AnswerShow Answer

Doogood Corporation would like its employees,customers,and the general public to be aware of the activities and programs they have done for the community over the past year.The company might consider doing a:

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

Legality is

Correct AnswerverifiedShow Answer

While "doing the right thing" is an admirable code of ethics,there are no international organizations dealing with global ethics and corruption.

Correct AnswerverifiedShow Answer

Ethical behaviour looks at treating others fairly.

Correct AnswerverifiedShow Answer

Issues of social responsibility and ethical behaviour are:

Correct AnswerverifiedShow Answer

Which of the following is the most important step to help improve Canada's business ethics?

Correct AnswerverifiedShow Answer

A Canadian government official has indicated that for a generous contribution to his re-election fund,he would ignore your firm's apparent violation of several anti-pollution laws.Which of the following "ethics check questions" would you consider first?

Correct AnswerverifiedShow Answer

Identify and discuss the social responsibilities of a firm to three stakeholder groups.

Correct AnswerverifiedCustomers.Businesses are responsible to ...View AnswerShow Answer

A product with the FAIRTRADE mark means that it can be sold in foreign countries.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

One problem of conducting a social audit is:

Correct AnswerverifiedShow Answer

Business behaviour determines the ethics of society.We can improve society's moral and ethical behaviour by first making a commitment to improving business' moral and ethical behaviour.

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

A competitive corporate environment:

Correct AnswerverifiedShow Answer

Cigarette producers label their products with warnings of potential health hazards.This is an example of a compliance-based code of ethics.

Correct AnswerverifiedShow Answer

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To maintain a good reputation;to keep ex...
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Correct Answer
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Customers.Businesses are responsible to ...
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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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