Question 1

Business ethics rarely involves the application of moral standards to the business activity of a normal company.

Accepted Answer

A) True 
 B)False

Question 2

The company you work for recently has committed itself to implementing a program of social responsibility.After the company has gotten the commitment of top executives,planned the program,and appointed a program director,you suggest that a(n) ____ be prepared periodically to evaluate the success of the program.

Accepted Answer

A)   research report
B)   social audit
C)   ethics evaluation
D)   departmental memorandum
E)   social actions reportF) A) and B)
G) A) and C)

Question 3

Ethics is the study of right and wrong and of the morality of the choices we make.

Accepted Answer

A) True 
 B)False

Question 4

Wonder Bread advertised that its bread "builds strong bodies." This claim was considered deceptive and thus a violation of the consumer's right to ____.The claim was a violation not because it was untrue but because the same claim was true of other breads,and people seeing the advertisement might have thought that Wonder Bread was unique.

Accepted Answer

A)   safety
B)   be heard
C)   be informed
D)   choose
E)   lifeF) D) and E)
G) B) and C)

Question 5

What would proponents of the socioeconomic model argue to support their position?

Accepted Answer

Since a corporation is a creation of soc...

Question 6

Define the doctrine of caveat emptor.

Accepted Answer

Caveat emptor is a Latin phrase meaning ...

Question 7

The governments of the United States and Canada have recently signed an agreement to cooperate in eliminating acid rain.Their efforts are primarily an attempt to reduce

Accepted Answer

A)   water pollution.
B)   hazardous waste.
C)   noise pollution.
D)   land pollution.
E)   northern precipitation.F) A) and B)
G) All of the above

Question 8

People exposed to loud noises for a long time can suffer permanent hearing loss.

Accepted Answer

A) True 
 B)False

Question 9

The major forces in consumerism are

Accepted Answer

A)   individual consumer advocates.
B)   consumer organizations.
C)   consumer education programs.
D)   consumer laws.
E)   all of these answer choicesF) B) and E)
G) D) and E)

Question 10

Relationships with customers and coworkers rarely create ethical problems.

Accepted Answer

A) True 
 B)False

Question 11

The EPA was created by the government to develop new and improved ways to clean and improve the environment.

Accepted Answer

A) True 
 B)False

Question 12

Echo Air Company (EAC) Echo Air Co.is a well-known establishment in the airline business.It is currently one of the top firms in the industry.The company prides itself on good customer service and being concerned with the broader societal good.EAC management is not only concerned with doing things right,but also with doing the right things.Many of their decisions reflect this philosophy.Initially,the company had a problem with employees reporting their suspicions about unethical behavior to the press instead of to EAC management.As a result,the company made sure its employees knew the firm's guidelines on fixing ethical issues.EAC also developed a code of conduct based on standards that continue to be upheld within the company.Since the code of conduct has been put in place,there have been fewer ethical violations.Although employee salaries at EAC are not as high as those at competing firms,the company experiences very low employee turnover.The firm has created a corporate culture that not only makes its employees want to stay,but that also results in higher profits.If EAC can maintain the relationship it has built with its employees and customers,it will have little difficulty keeping up its remarkable success.
-Refer to Echo Air Company.Since the company created its code of conduct,employees have limited ____,or amount of freedom to perform an unethical act.

Accepted Answer

A)   time
B)   responsibility
C)   moral dilemmas
D)   unethical options
E)   opportunityF) A) and B)
G) B) and E)

Question 13

The hard-core unemployed are made up of mentally ill individuals and those with prior criminal convictions.

Accepted Answer

A) True 
 B)False

Question 14

Brice stormed into the office,exclaiming,"That's the last straw! I've experienced unethical behavior at this company one time too many.I'll be calling the press immediately." It appears that Brice is about to engage in

Accepted Answer

A)   an unethical practice.
B)   corporate ethics.
C)   whistling.
D)   trumpeting.
E)   whistle-blowing.F) B) and D)
G) A) and B)

Question 15

Whirlpool fails to provide an instruction manual with a certain type of new washing machine.Which basic consumer right does Whirlpool's action violate?

Accepted Answer

A)   The right to convenience
B)   The right to choose
C)   The right to be heard
D)   The right to safety
E)   The right to courteous serviceF) A) and B)
G) None of the above

Question 16

Suppose a manager at the Post-it Brand has recently become aware that employees are taking office supplies home and taking longer coffee and lunch breaks than the personnel policy allows.The manager finds these are widespread practices and wants to solve the problem.The best way to do this would be to

Accepted Answer

A)   call the police and arrest both the "time" thieves and the office supplies thieves.
B)   fire all those who have taken office supplies,and suspend those who have taken too much time.
C)   change the code of ethics in the personnel policy manual to prohibit these practices.
D)   make the corporate culture encourage more ethical behavior.
E)   let the union know about the problem during next year's pay negotiations.F) B) and E)
G) A) and B)

Question 17

The socioeconomic model of social responsibility

Accepted Answer

A)   holds that society will benefit most when business is left alone to produce and market profitable products.
B)   emphasizes that social responsibility is someone else's responsibility.
C)   holds that a firm is legally obligated to act in the economic interests of its stockholders.
D)   states that managers who concentrate on profit indirectly fulfill their social responsibilities.
E)   emphasizes profits as well as the effect of business decisions on society.F) A) and B)
G) A) and C)

Question 18

What are the three sets of factors that influence the standards of behavior in an organization?

Accepted Answer

A)   Organizational norms,circumstances,morals
B)   Peer pressure,attitudes,social factors
C)   Historical factors,management attitudes,opportunity
D)   Opportunity,individual factors,social factors
E)   Financial factors,opportunity,moralsF) B) and C)
G) C) and D)

Question 19

One reason American business must be concerned about product safety is that

Accepted Answer

A)   labor unions will demand better contracts.
B)   the government will increase its requirements for disclosure.
C)   consumers demand safe products.
D)   companies will be banned from competing.
E)   limitations will be placed on the sale of products.F) B) and E)
G) B) and D)

Question 20

All of the following are arguments against increased social responsibility except

Accepted Answer

A)   social issues are the responsibility of government officials elected for that purpose.
B)   companies should maximize profits,not solve society's problems,with their time,money,and talent.
C)   because social problems affect society in general,businesses should not be expected to solve these problems.
D)   social responsibility by firms can prevent increased government intervention.
E)   business managers are primarily responsible to stockholders and providing them a good return.F) None of the above
G) A) and B)

Exam 2: Ethics and Social Responsibility in Business

One reason American business must be concerned about product safety is that

Correct Answer
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Correct Answer
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Relationships with customers and coworkers rarely create ethical problems.

Correct Answer
verified

The governments of the United States and Canada have recently signed an agreement to cooperate in eliminating acid rain.Their efforts are primarily an attempt to reduce

Correct Answer
verified

Business ethics rarely involves the application of moral standards to the business activity of a normal company.

Correct Answer
verified

Whirlpool fails to provide an instruction manual with a certain type of new washing machine.Which basic consumer right does Whirlpool's action violate?

Correct Answer
verified

People exposed to loud noises for a long time can suffer permanent hearing loss.

Correct Answer
verified

The socioeconomic model of social responsibility

Correct Answer
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The EPA was created by the government to develop new and improved ways to clean and improve the environment.

Correct Answer
verified

Define the doctrine of caveat emptor.

Correct Answer
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Caveat emptor is a Latin phrase meaning ...
View Answer

Correct Answer
verified

What would proponents of the socioeconomic model argue to support their position?

Correct Answer
verified
Since a corporation is a creation of soc...
View Answer

The major forces in consumerism are

Correct Answer
verified

Ethics is the study of right and wrong and of the morality of the choices we make.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

The hard-core unemployed are made up of mentally ill individuals and those with prior criminal convictions.

Correct Answer
verified

All of the following are arguments against increased social responsibility except

Correct Answer
verified

Brice stormed into the office,exclaiming,"That's the last straw! I've experienced unethical behavior at this company one time too many.I'll be calling the press immediately." It appears that Brice is about to engage in

Correct Answer
verified

What are the three sets of factors that influence the standards of behavior in an organization?

Correct Answer
verified

Exam 2: Ethics and Social Responsibility in Business

One reason American business must be concerned about product safety is that

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Relationships with customers and coworkers rarely create ethical problems.

Correct AnswerverifiedShow Answer

The governments of the United States and Canada have recently signed an agreement to cooperate in eliminating acid rain.Their efforts are primarily an attempt to reduce

Correct AnswerverifiedShow Answer

Business ethics rarely involves the application of moral standards to the business activity of a normal company.

Correct AnswerverifiedShow Answer

Whirlpool fails to provide an instruction manual with a certain type of new washing machine.Which basic consumer right does Whirlpool's action violate?

Correct AnswerverifiedShow Answer

People exposed to loud noises for a long time can suffer permanent hearing loss.

Correct AnswerverifiedShow Answer

The socioeconomic model of social responsibility

Correct AnswerverifiedShow Answer

The EPA was created by the government to develop new and improved ways to clean and improve the environment.

Correct AnswerverifiedShow Answer

Define the doctrine of caveat emptor.

Correct AnswerverifiedCaveat emptor is a Latin phrase meaning ...View AnswerShow Answer

Correct AnswerverifiedShow Answer

What would proponents of the socioeconomic model argue to support their position?

Correct AnswerverifiedSince a corporation is a creation of soc...View AnswerShow Answer

The major forces in consumerism are

Correct AnswerverifiedShow Answer

Ethics is the study of right and wrong and of the morality of the choices we make.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

The hard-core unemployed are made up of mentally ill individuals and those with prior criminal convictions.

Correct AnswerverifiedShow Answer

All of the following are arguments against increased social responsibility except

Correct AnswerverifiedShow Answer

Brice stormed into the office,exclaiming,"That's the last straw! I've experienced unethical behavior at this company one time too many.I'll be calling the press immediately." It appears that Brice is about to engage in

Correct AnswerverifiedShow Answer

What are the three sets of factors that influence the standards of behavior in an organization?

Correct AnswerverifiedShow Answer

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Caveat emptor is a Latin phrase meaning ...
View Answer

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Since a corporation is a creation of soc...
View Answer

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Correct Answer
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