Business contributions to stakeholders


Multiple choice question:

Question 1

________ responsibilities relate to a business's contributions to stakeholders.

Economic

Legal

Ethical

Voluntary

Social responsiveness

Question 2

Which of the following is not a benefit to businesses of engaging in voluntary responsibilities?

Help create an ethical culture and values that can act as a buffer to organizational misconduct

Reduce government involvement by providing assistance to stakeholders

Develop employee leadership skills

Improve employee compensation and retention

Improve the quality of life in communities

Question 3

The primary objective of U.S. antitrust laws is to

protect consumers from high prices and foreign products.

protect domestic businesses.

protect employees.

promote strategies that enhance business welfare over consumer welfare.

distinguish competitive strategies that enhance consumer welfare from those that reduce it.

Question 4

Title VII of the Civil Rights Act of 1964

prohibits discrimination on the basis of race, color, sex, religion, or national origin.

penalizes the top executives in an organization for misconduct.

is basically the same as the Sarbanes-Oxley Act.

discourages whistle-blowers from reporting misconduct.

prohibits pay discrimination on the basis of gender.

Question 5

Which of the following acts, passed in response to public outrage over conditions described in Upton Sinclair's The Jungle, was the first consumer protection legislation?

Civil Rights Act of 1964

Sherman Antitrust Act of 1890

Magnuson-Moss Warranty Act of 1974

Consumer Product Safety Act of 1972

Pure Food and Drug Act of 1906

Question 6

Which is not one of the four sources of criminal and civil laws?

Judicial law

Common law

Constitutional law

Administrative law

Statutory law

Question 7

________ tie(s) an organization's product(s) directly to a social concern through a marketing program.

 

Voluntary contributions

Cause-related marketing

Strategic philanthropy

Corporate giving

Employee benefits

Question 8

Cause related marketing can affect consumer ________, if consumers are sympathetic to the cause and the brand and cause are seen as a good fit.

individual ethics

tastes

perceptions

budgets

buying patterns

Question 9

Companies take basic ________ and translate them into core ________.

Customs, values

Values, principles

Cultures, principles

Cultures, customs

Principles, values

Question 10

Which of the following is not considered a significant other group in the workplace?

Peers

Managers

Spouses

Coworkers

Subordinates

Question 11

Those who have influence in a work group are referred to as significant others and include

peers, managers, coworkers, and subordinates.

family members, peers, and coworkers.

spouses and friends.

employees in similar job situations.

employees who hold the same job.

Question 12

Which of the following is not an issue that helps in business ethics evaluations and decisions?

Ethical issue intensity

Individual factors

Organizational factors

Personal guilt

Opportunity

Question 13

Which of the following is not one of the six "spheres of influence" to which individuals are subject when confronted with an ethical issue?

Educational attainment

Workplace

Family

Legal system

Community

Question 14

The ________ includes the motivational "carrots and sticks" superiors use to influence employee behavior.

Obedience to authority

Immediate job context

Locus of control

Normative approach

Descriptive approach

Question 15

Normative business ethics takes into account the ________ realities outside the legal realm in the form of industry standards.

Descriptive

Political

Social

Economic

Normative

Question 16

Following the ethical directives of a superior relates to

an internal locus of control.

obedience to authority.

moral intensity.

gender.

ethical issue intensity

Question 17

When a person defines right and wrong on the basis of legal contracts, he or she is using which of Kohlberg's stages of development?

Punishment and obedience (1st stage)

Mutual interpersonal expectations, relationships, and conformity (3rd stage)

Social system and conscience maintenance (4th stage)

Prior rights, social contract, or utility (5th stage)

Universal ethical principles (6th stage)

Question 18

Which moral philosophy is based on the premise that equal respect must be given to all persons?

The relativist perspective

Deontology

Egoism

Teleology

Utilitarianism

Question 19

An individual who emphasizes others rather than himself or herself in making decisions is in which of the following of Kohlberg's stages of development?

Universal ethical principles (6th stage)

Mutual interpersonal expectations, relationships, and conformity (3rd stage)

Social system and conscience maintenance (4th stage)

Punishment and obedience (1st stage)

Prior rights, social contract, or utility (5th stage)

Question 20

Which is the last of Kohlberg's stages of cognitive moral development?

Individual instrumental purpose and exchange

Need achievement

Social system and conscience maintenance

Punishment and obedience

Universal ethical principles

Question 21

________ justice is based on the evaluation of outcomes or results of the business relationship.

Procedural

Interactional

Distributive

Ethical

Egotistical

Question 22

________ justice considers the processes and activities that produce the outcome or results.

Disruptive

Procedural

Interactional

Communications

Evaluative

Question 23

A central problem with relativism is

that it emphasizes people's differences, not similarities.

that few people believe that these principles are important.

that they are very complicated.

that they represent unattainable goals.

that many feel that virtue ethics only works in theory.

Question 24

________ deals with the issue of what individuals feel they are due based on their rights and performance in the workplace, and therefore is more likely to be based on deontological moral philosophies than on teleological or utilitarian ones.

Rights

Virtue ethics

Justice

Relativism

Egoism

Question 25

Enlightened egoism

is when an individual puts spiritual feelings above all others.

centers completely on the short-term well-being of others.

centers on one's short-term self-interest.

centers on one's long-term self-interest but takes others' well-being into account.

centers on the long-term well-being of others

Question 1

The ________ was called "a sweeping overhaul of the financial regulatory system...on a scale not seen since the reforms that followed the Great Depression."

Equal Pay Act

Americans with Disabilities Act

Dodd-Frank Wall Street Reform and Consumer Protection Act

Age Discrimination in Employment Act

VII of the Civil Rights Act

Question 2

________ law not only prohibits specific actions in business such as fraud, theft, or securities trading violations, but also imposes fines or imprisonment as punishment for breaking the law.

Civil

Criminal

Competitive

Administrative

Regulatory

Question 3

________ is the synergistic and mutually beneficial use of an organization's core competencies and resources to deal with key stakeholders so as to bring about organizational and societal benefits.

Social responsibility

Business ethics

Corporate philanthropy

Strategic philanthropy

Cause-related marketing

Question 4

The ________ of ethics involves embedding values, norms, and artifacts in organizations, industries, and society.

institutionalization

rationalization

commercialization

mobilization

enforcement

Question 5

The ________ regulates tobacco, dietary supplements, vaccines, veterinary drugs, medical devices, cosmetics, products that give off radiation, and biological products.

World Trade Organization

Consumer Financial Protection Agency

Department of Justice

Environmental Protection Agency

The Food and Drug Administration

Question 6

Which is not one of the four sources of criminal and civil laws?

Judicial law

Common law

Constitutional law

Administrative law

Statutory law

Question 7

Title VII of the Civil Rights Act of 1964

prohibits discrimination on the basis of race, color, sex, religion, or national origin.

penalizes the top executives in an organization for misconduct.

is basically the same as the Sarbanes-Oxley Act.

discourages whistle-blowers from reporting misconduct.

prohibits pay discrimination on the basis of gender

Question 8

Companies that ________ will most likely be found in violation of procompetitive legislation.

pollute waterways

knowingly harm consumers

contract with sweatshops

establish monopolies

help consumers

Question 9

The ________can be defined as a set of values, norms, and artifacts, including ways of solving problems shared by members of an organization.

corporate culture

intentions of a corporate

ethical issue awareness

determination of a corporation

individual factors

Question 10

Which of the following is not considered a significant other group in the workplace?

Peers

Managers

Spouses

Coworkers

Subordinates

Question 11

______ have been found to decrease unethical practices and increase positive work behavior.

High educational attainment levels

High levels of community involvement

Charismatic leaders

Strong religious beliefs

Good personal values

Question 12

For people who begin the value shift that leads to unethical decisions, which of the following is not a usual justification to reduce and eliminate guilt?

I need a paycheck and can't afford to quit right now.

Those around me are doing it so why shouldn't I?

If I don't do this, I might not be able to get a good reference from my boss when I leave.

If I don't do this, I might never be promoted.

This is in keeping with my personal morals and the code of conduct, so it is okay.

Question 13

Which of the following is the first step in the ethical decision making process?

Being socialized into the firm's corporate culture

Applying a personal moral philosophy in order to individualize the ethical decision making process

Recognizing that an issue requires an individual or work group to make a choice that ultimately will be judged by stakeholders as right or wrong

Soliciting the opinions of others in a work group or in the overall business in order to gain feedback

Enforcing the firm's ethical standards with rewards and punishment

Question 14

The ________ includes the motivational "carrots and sticks" superiors use to influence employee behavior.

Obedience to authority

Immediate job context

Locus of control

Normative approach

Descriptive approach

Question 15

Employees that see themselves as going with the flow because that's all they can do have a(n)

external locus of control.

moral intensity

obedience to authority

opportunity

internal locus of control

Question 16

________ is the ability to perceive whether a situation or decision has an ethical dimension.

Ethical issue intensity

Locus of control

Ethical awareness

Moral intensity

Opportunity

Question 17

________ have lower ethical issue sensitivity, meaning they are less likely to detect ethical issues. They may be more committed to completing projects and more dedicated to group values and objectives.

Relativists

Hedonists

Pragmatists

Deontologists

Teleologists

Question 18

Enlightened egoism

is when an individual puts spiritual feelings above all others.

centers completely on the short-term well-being of others.

centers on one's short-term self-interest.

centers on one's long-term self-interest but takes others' well-being into account.

centers on the long-term well-being of others

Question 19

________ believe that no one thing is intrinsically good.

Hedonists

Pluralists

Relativists

Deontologists

Teleologists

Question 20

An individual who emphasizes others rather than himself or herself in making decisions is in which of the following of Kohlberg's stages of development?

Universal ethical principles (6th stage)

Mutual interpersonal expectations, relationships, and conformity (3rd stage)

Social system and conscience maintenance (4th stage)

Punishment and obedience (1st stage)

Prior rights, social contract, or utility (5th stage

Question 21

Which moral philosophy evaluates the morality of an action on the basis of its conformity to general moral principles and respect for individual rights?

The relativist perspective

Act utilitarianism

Rule utilitarianism

Act deontology

Rule deontology

Question 22

Which is the last of Kohlberg's stages of cognitive moral development?

Individual instrumental purpose and exchange

Need achievement

Social system and conscience maintenance

Punishment and obedience

Universal ethical principles

Question 23

An individual who believes that an action is ethical because others within his or her company and industry regularly engage in the activity is probably a(n)

utilitarian.

relativist.

teleologist.

deontologist.

egoist.

Question 24

________ justice considers the processes and activities that produce the outcome or results.

Disruptive

Procedural

Interactional

Communications

Evaluative

Question 25

According to Kohlberg's model, as a person progresses through the stages of moral development, and with time, education, and experience, he/she

is unlikely to change his/her values and ethical behavior.

may change his/her values and ethical behavior.

will likely be promoted.

will depend more on the input of significant others in ethical decision making.

will experience less opportunity to behave unethically.

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