Question 1

Employees expect businesses to

Accepted Answer

A)   move completely to telecommuting.
B)   respect their rights as consumers.
C)   protect their investments.
D)   keep them informed of what is happening in the company.
E)   run the company without their input. D

Question 2

Daniel notices that one of his colleagues arrives late and leaves early from work every day. In deciding whether or not to report this behavior, what must he do first?

Accepted Answer

A)   confront the colleague about the situation
B)   discuss the situation with other colleagues
C)   ask his wife what she thinks
D)   know his company's policy regarding the ethics of his colleague's choice
E)   discuss the situation hypothetically with his manager D

Question 3

Braxton Foods, Inc. started using a new preservative in its products. However, it didn't include anywhere on its packaging that this preservative could cause an allergic reaction to people who are allergic to milk products. This is a violation of the consumers' right to

Accepted Answer

A)   be heard.
B)   choose.
C)   be informed.
D)   safety.
E)   be healthy.

Question 4

What has research shown regarding the relationship between social responsibility and profitability?

Accepted Answer

A)   Social responsibility has no effect on business performance.
B)   An emphasis on social responsibility reduces business performance.
C)   Social responsibility initiatives reduce both business performance and profitability.
D)   Social responsibility is linked to improved business performance.
E)   An emphasis on social responsibility neither improves nor diminishes profitability.

Question 5

Joylene and Kurt are competing for a promotion. Hoping to sway her manager to promote her over Kurt, Joylene gives her manager an expensive bottle of wine. This is an example of

Accepted Answer

A)   the misuse of company resources.
B)   bribery.
C)   dishonesty.
D)   conflict of interest.
E)   an acceptable gift.

Question 6

Lance's boss often goes on Facebook at work. As a result, the rest of his team goes on Facebook as well. This is an example of which factor of influence regarding ethical behavior?

Accepted Answer

A)   individual moral standards
B)   opportunity for misconduct
C)   the influence of co-workers
D)   the influence of managers
E)   personal ethic.

Question 7

People in the entertainment industry claim that requiring warning labels on movies and videogames violates their ________ right.

Accepted Answer

A)   Sixth Amendment
B)   Thirteenth Amendment
C)   Tenth Amendment
D)   First Amendment
E)   Second Amendment

Question 8

Which law reformed the financial industry and offered consumers protection against complex and/or deceptive financial products?

Accepted Answer

A)   the Glass-Steagall Legislation
B)   the Dodd-Frank Act
C)   the Sarbanes-Oxley Act
D)   the Clayton Act
E)   the Celler-Kefauver Act

Question 9

John F. Kennedy's consumer bill of rights outlined four rights: the right to be informed, the right to choose, the right to be heard, and the right to

Accepted Answer

A)   file lawsuits.
B)   service.
C)   easy credit.
D)   enter into contracts.
E)   safety.

Question 10

When it comes to ethical behavior, co-workers and superiors exert significant control over one's choices at work through authority and example.

Accepted Answer

A) True 
 B)False

Question 11

A business must choose to be either profitable or socially responsible; they cannot be both.

Accepted Answer

A) True 
 B)False

Question 12

Tracor Industries decided to buy less expensive materials from a foreign supplier that resulted in a significant reduction in the quality of its product. As a result, company sales dropped, many retailers refused to carry the product, and consumers left negative reviews online about the product. This is an example of

Accepted Answer

A)   why the most expensive products must always be used in the production process.
B)   a company being unethical but socially responsible.
C)   how negative judgments can affect an organization's ability to achieve its goals.
D)   ethical misconduct by the foreign supplier.
E)   legal misconduct by Tracor Industries.

Question 13

Spending an excessive amount of time on personal e-mails, submitting personal expenses on company expense reports, and using the company copier for personal use are all examples of

Accepted Answer

A)   the misuse of company time.
B)   conflicts of interest.
C)   abusive behavior.
D)   the misuse of company resources.
E)   the pressure to compromise standards.

Question 14

Which of the following best exemplifies a company with a strong ethical culture?

Accepted Answer

A)   The top management at Randy's company clearly communicates to all employees the ethical behavior expected of them.
B)   Norah reports to two different supervisors-one who follows the company's ethics policy and one who makes exceptions to the rules. Nora is not sure who to follow.
C)   Since the top management at Colin's company feels they only hire ethical employees, they do not see the need for a formal, written ethics policy.
D)   The middle-level managers at Blake's company do not get direction from top management regarding ethical behavior, but they all try to do what is right.
E)   Jayla follows the lead of her immediate supervisor; if he bends the rules, she feels that she can do the same. A

Question 15

What is true about the role of the Federal Trade Commission's Bureau of Consumer Protection?

Accepted Answer

A)   It protects consumers against unfair, deceptive, or fraudulent practices.
B)   It is divided into four divisions.
C)   It protects companies from unfair consumer demands.
D)   The Division of Enforcement investigates consumer violations of laws.
E)   It doesn't investigate unfulfilled holiday delivery promises by online shopping sites or scholarship scams.

Question 16

A set of formalized rules and standards that describes what a company expects of its employees is called a

Accepted Answer

A)   mission statement.
B)   code of liability.
C)   moral philosophy.
D)   social responsibility statement.
E)   code of ethics.

Question 17

Which of the following is NOT a question to consider in determining whether an action is ethical?

Accepted Answer

A)   Are there any potential legal restrictions or violations that could result from the action?
B)   Does your company have a specific code of ethics or policy on the action?
C)   How does this activity fit with your own beliefs and values?
D)   Would this activity be accepted by your co-workers?
E)   Is this activity customary across all industries in your country?

Question 18

Which statement is true regarding business ethics and social responsibility?

Accepted Answer

A)   All actions deemed unethical by society are also illegal.
B)   The concerns of what is legal and ethical do not change over time.
C)   The terms social responsibility and ethics should be used interchangeably.
D)   Companies can be both profitable and socially responsible.
E)   Businesses whose sole objective is to earn profit are also likely to consider their social responsibility.

Question 19

A local landscaping company donates and plants a tree in the community for every new client that uses its landscaping design services. This exhibits the company's

Accepted Answer

A)   business ethics.
B)   profitability.
C)   business responsibility.
D)   irresponsibility.
E)   social responsibility.

Question 20

All of the following are ways businesses are working to resolve environmental concerns EXCEPT

Accepted Answer

A)   recycling materials and making product packaging more environmentally friendly.
B)   creating a positive association for unsuitable products, services, or practices.
C)   eliminating wasteful practices, the emission of pollutants, and the use of harmful chemicals.
D)   improving their products.
E)   supplementing their services with alternative energy sources.

Exam 2: Business Ethics and Social Responsibility

Employees expect businesses to

Correct Answer
verified
D

Daniel notices that one of his colleagues arrives late and leaves early from work every day. In deciding whether or not to report this behavior, what must he do first?

Correct Answer
verified
D

Braxton Foods, Inc. started using a new preservative in its products. However, it didn't include anywhere on its packaging that this preservative could cause an allergic reaction to people who are allergic to milk products. This is a violation of the consumers' right to

Correct Answer
verified

What has research shown regarding the relationship between social responsibility and profitability?

Correct Answer
verified

Joylene and Kurt are competing for a promotion. Hoping to sway her manager to promote her over Kurt, Joylene gives her manager an expensive bottle of wine. This is an example of

Correct Answer
verified

Lance's boss often goes on Facebook at work. As a result, the rest of his team goes on Facebook as well. This is an example of which factor of influence regarding ethical behavior?

Correct Answer
verified

People in the entertainment industry claim that requiring warning labels on movies and videogames violates their ________ right.

Correct Answer
verified

Which law reformed the financial industry and offered consumers protection against complex and/or deceptive financial products?

Correct Answer
verified

John F. Kennedy's consumer bill of rights outlined four rights: the right to be informed, the right to choose, the right to be heard, and the right to

Correct Answer
verified

When it comes to ethical behavior, co-workers and superiors exert significant control over one's choices at work through authority and example.

Correct Answer
verified

A business must choose to be either profitable or socially responsible; they cannot be both.

Correct Answer
verified

Correct Answer
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Spending an excessive amount of time on personal e-mails, submitting personal expenses on company expense reports, and using the company copier for personal use are all examples of

Correct Answer
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Which of the following best exemplifies a company with a strong ethical culture?

Correct Answer
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A

What is true about the role of the Federal Trade Commission's Bureau of Consumer Protection?

Correct Answer
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A set of formalized rules and standards that describes what a company expects of its employees is called a

Correct Answer
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Which of the following is NOT a question to consider in determining whether an action is ethical?

Correct Answer
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Which statement is true regarding business ethics and social responsibility?

Correct Answer
verified

A local landscaping company donates and plants a tree in the community for every new client that uses its landscaping design services. This exhibits the company's

Correct Answer
verified

All of the following are ways businesses are working to resolve environmental concerns EXCEPT

Correct Answer
verified

Exam 2: Business Ethics and Social Responsibility

Employees expect businesses to

Correct AnswerverifiedD

Daniel notices that one of his colleagues arrives late and leaves early from work every day. In deciding whether or not to report this behavior, what must he do first?

Correct AnswerverifiedD

Braxton Foods, Inc. started using a new preservative in its products. However, it didn't include anywhere on its packaging that this preservative could cause an allergic reaction to people who are allergic to milk products. This is a violation of the consumers' right to

Correct AnswerverifiedShow Answer

What has research shown regarding the relationship between social responsibility and profitability?

Correct AnswerverifiedShow Answer

Joylene and Kurt are competing for a promotion. Hoping to sway her manager to promote her over Kurt, Joylene gives her manager an expensive bottle of wine. This is an example of

Correct AnswerverifiedShow Answer

Lance's boss often goes on Facebook at work. As a result, the rest of his team goes on Facebook as well. This is an example of which factor of influence regarding ethical behavior?

Correct AnswerverifiedShow Answer

People in the entertainment industry claim that requiring warning labels on movies and videogames violates their ________ right.

Correct AnswerverifiedShow Answer

Which law reformed the financial industry and offered consumers protection against complex and/or deceptive financial products?

Correct AnswerverifiedShow Answer

John F. Kennedy's consumer bill of rights outlined four rights: the right to be informed, the right to choose, the right to be heard, and the right to

Correct AnswerverifiedShow Answer

When it comes to ethical behavior, co-workers and superiors exert significant control over one's choices at work through authority and example.

Correct AnswerverifiedShow Answer

A business must choose to be either profitable or socially responsible; they cannot be both.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Spending an excessive amount of time on personal e-mails, submitting personal expenses on company expense reports, and using the company copier for personal use are all examples of

Correct AnswerverifiedShow Answer

Which of the following best exemplifies a company with a strong ethical culture?

Correct AnswerverifiedA

What is true about the role of the Federal Trade Commission's Bureau of Consumer Protection?

Correct AnswerverifiedShow Answer

A set of formalized rules and standards that describes what a company expects of its employees is called a

Correct AnswerverifiedShow Answer

Which of the following is NOT a question to consider in determining whether an action is ethical?

Correct AnswerverifiedShow Answer

Which statement is true regarding business ethics and social responsibility?

Correct AnswerverifiedShow Answer

A local landscaping company donates and plants a tree in the community for every new client that uses its landscaping design services. This exhibits the company's

Correct AnswerverifiedShow Answer

All of the following are ways businesses are working to resolve environmental concerns EXCEPT

Correct AnswerverifiedShow Answer

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D

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D

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A

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