Question 1

Approximately ____ percent of Fortune 500 companies have a written environmental policy.

Accepted Answer

A)  3
B)  23
C)  43
D)  63
E)  83F) B) and E)
G) A) and E)

Question 2

A set of formalized rules and standards that describe what a company expects of its employees is called a(n)

Accepted Answer

A)  code of ethics.
B)  opportunity.
C)  moral philosophy.
D)  guideline.
E)  law.F) A) and D)
G) None of the above

Question 3

Ethics is related to the culture in which a business operates.

Accepted Answer

A) True 
 B)False  True

Question 4

Many businesses,recognizing that employees lack many basic work skills,are becoming more concerned about the quality of ____ in the United States.

Accepted Answer

A)  job opportunities
B)  education
C)  philanthropy
D)  management
E)  community relationsF) None of the above
G) D) and E)

Question 5

Establishing and enforcing ethical standards and policies within business can help reduce unethical behavior by prescribing which activities are acceptable and which are not and by removing the opportunity to act unethically.

Accepted Answer

A) True 
 B)False

Question 6

Corporations contribute more than ______ to environmental and social causes each year.

Accepted Answer

A)  $2 million
B)  $2 billion
C)  $12 billion
D)  $12 million
E)  No moneyF) A) and E)
G) D) and E)

Question 7

The right to safety requires that businesses provide a safe place for consumers to shop.

Accepted Answer

A) True 
 B)False

Question 8

Americans use over 100 billion plastic bags annually and only recycle 10-20 percent of them.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following should help reduce the incidence of unethical behavior in an organization?

Accepted Answer

A)  Understanding that individual moral standards,the influence of managers and coworkers,and opportunity influence ethical behavior
B)  Maximizing ethical conflict in work groups
C)  Expanding opportunity by providing punishments for violations of the rules
D)  Overlooking violations of codes of ethics
E)  All of the aboveF) A) and B)
G) All of the above A

Question 10

The __ Act criminalized securities fraud and stiffened penalties for corporate fraud.

Accepted Answer

A)  EEOC
B)  Ethical Standards
C)  Internet Standards
D)  Sarbanes-Oxley
E)  SCFF) A) and B)
G) C) and E)

Question 11

Managers use the ______ of their position to influence employees' actions.

Accepted Answer

A)  authority
B)  power
C)  scope
D)  responsibility
E)  acceptanceF) A) and E)
G) None of the above

Question 12

Social ______ relates to a business's impact on society.

Accepted Answer

A)  responsibility
B)  strategy
C)  ethics
D)  law
E)  ruleF) B) and D)
G) C) and D)

Question 13

How do you recognize an ethical issue in business?

Accepted Answer

An ethical issue is an identifiable prob...

Question 14

__________________ is the extent to which businesses meet the legal,ethical,economic and voluntary responsibilities placed on them by their stakeholders.

Accepted Answer

A)  A code of conduct
B)  A code of ethics
C)  Egalitarianism
D)  Corporate citizenship
E)  WhistleblowingF) C) and D)
G) A) and B)

Question 15

Ethical decisions in an organization are influenced by three key factors.

Accepted Answer

A) True 
 B)False

Question 16

How can an organization improve ethical behavior?

Accepted Answer

Understanding how people choose their et...

Question 17

Studying business ethics will not necessarily

Accepted Answer

A)  help you recognize ethical issues.
B)  help you understand the importance of ethical decisions.
C)  inform you concerning the impact of the work group on ethical decisions.
D)  describe the ethical decision-making process.
E)  tell you what you ought to do.F) B) and E)
G) B) and D) E

Question 18

Codes of ethics foster ethical behavior by all of the following except

Accepted Answer

A)  expanding the opportunity to behave ethically by providing rewards for following the rules.
B)  limiting the opportunity to behave unethically by providing punishments for violations of the rules and standards.
C)  limiting the opportunity to behave unethically by providing rewards for violations of the rules and standards.
D)  expanding the opportunity to behave ethically by providing punishments for following the rules.
E)  encouraging employees to bend the rules.F) A) and E)
G) B) and C)

Question 19

The following behavior is an example of ethical consideration within business relationships:

Accepted Answer

A)  keeping company secrets.
B)  avoiding obligations.
C)  shirking responsibilities.
D)  setting a poor example for others.
E)  offering a bribe.F) A) and B)
G) B) and D)

Question 20

Managers consider social responsibility on an annual basis.

Accepted Answer

A) True 
 B)False

Exam 2: Business Ethics and Social Responsibility

Approximately ____ percent of Fortune 500 companies have a written environmental policy.

Correct AnswerverifiedShow Answer

A set of formalized rules and standards that describe what a company expects of its employees is called a(n)

Correct AnswerverifiedShow Answer

Ethics is related to the culture in which a business operates.

Correct AnswerverifiedTrue

Many businesses,recognizing that employees lack many basic work skills,are becoming more concerned about the quality of ____ in the United States.

Correct AnswerverifiedShow Answer

Establishing and enforcing ethical standards and policies within business can help reduce unethical behavior by prescribing which activities are acceptable and which are not and by removing the opportunity to act unethically.

Correct AnswerverifiedShow Answer

Corporations contribute more than ______ to environmental and social causes each year.

Correct AnswerverifiedShow Answer

The right to safety requires that businesses provide a safe place for consumers to shop.

Correct AnswerverifiedShow Answer

Americans use over 100 billion plastic bags annually and only recycle 10-20 percent of them.

Correct AnswerverifiedShow Answer

Which of the following should help reduce the incidence of unethical behavior in an organization?

Correct AnswerverifiedA

The __ Act criminalized securities fraud and stiffened penalties for corporate fraud.

Correct AnswerverifiedShow Answer

Managers use the ______ of their position to influence employees' actions.

Correct AnswerverifiedShow Answer

Social ______ relates to a business's impact on society.

Correct AnswerverifiedShow Answer

How do you recognize an ethical issue in business?

Correct AnswerverifiedAn ethical issue is an identifiable prob...View AnswerShow Answer

__________________ is the extent to which businesses meet the legal,ethical,economic and voluntary responsibilities placed on them by their stakeholders.

Correct AnswerverifiedShow Answer

Ethical decisions in an organization are influenced by three key factors.

Correct AnswerverifiedShow Answer

How can an organization improve ethical behavior?

Correct AnswerverifiedUnderstanding how people choose their et...View AnswerShow Answer

Studying business ethics will not necessarily

Correct AnswerverifiedE

Codes of ethics foster ethical behavior by all of the following except

Correct AnswerverifiedShow Answer

The following behavior is an example of ethical consideration within business relationships:

Correct AnswerverifiedShow Answer

Managers consider social responsibility on an annual basis.

Correct AnswerverifiedShow Answer

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A

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An ethical issue is an identifiable prob...
View Answer

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Understanding how people choose their et...
View Answer

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E

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