Business Ethics Midterm Exam: Question Text

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BUSINESS ETHICS MIDTERM EXAM

One major disadvantage of affirmative action in the workplace is the reality or perception of
reverse discrimination.

Select one:
a.
True
b.
False
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When an organization shows concern for the people and environment in which it transacts
business it is called ______

Select one:
a.
Cause marketing
b.
Social responsibility
c.
Environmental scanning
d.
Demographic benchmarking
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The idea of social responsibility is based on a system of ethics, in which decisions and
actions must be ethically analyzed before moving forward.

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a.
False
b.
True
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Which statement is an argument AGAINST corporate social responsibility?

Select one:
a.
The reputation of a business is injured when it acts socially responsible
b.
A business involved in social issues can lose its focus on operating as effectively as possible.
c.
CSR discourages government regulation
d.
Society does not really expect business to be socially responsible
e.
The sole responsibility of business is to maximize profits, even if it breaks the law
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CSR stands for
corporate social responsibility
Answer: 

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Proprietors do not need to honor any commitments made to employees, customers or
clients.

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a.
False
b.
True
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due process
Answer  This means that the government cannot take away the life, liberty, or
property interest of a person. – DUE PROCESS

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Which statement is an argument against corporate social responsibility?

Select one:

The reputation of a business is injured when it acts socially responsible

Society does not really expect business to be socially responsible

CSR discourages government regulation

A business involved in social issues can lose its focus on operating as effectively as possible.

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Ethical predicaments in the workplace are common, and they are always easy to resolve.

Select one:
a.
True
b.
False
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EMPLOYMEN
Answer  is about the protection of workers against vacillations in earned income as a
result of job loss.- EMPLOYMENT SECURITY

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Which of the following is NOT an example of a philanthropic social responsibility initiative?

Select one:
a.
Sponsoring a marathon runner for a fixed amount of money per mile
b.
Issuing a donation for single mothers
c.
Providing grant money to an education institution
d.
Painting a homeless shelter
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Acting with honor is a vital characteristic of a business owner.

Select one:
a.
False
b.
True
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Which of the following statements is TRUE?

Select one:
a.
An effective strategic approach to ethical business is through the prioritizarion of an issue
that is central to the needs of the organization
b.
Ethical employees are prepared to work for lower pay in ethical companies.
c.
Strong laws remove the need for organizations to invest in corporate social responsibility
d.
The argument that businesses are part of society and therefore managers have a
responsibility to behave in a responsible way is one most likely to result in ethical
managerial behavior.
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Which of the following stakeholders are interested in CSR?

Select one:
a.
Employees
b.
Investors and special interest groups
c.
Customers and communities
d.
All of the answers are correct
e.
Suppliers
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What is social responsibility?

Select one:
a.
A way of conducting business through balancing the behavior of a company with the
expectations of society.
b.
A duty everyone has to peform so as to maintain a balance between the economy and the
ecosystem
c.
An ethical ideology that an organization or individual has an obligation to act to benefit
society
d.
All of the answers are correct
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PHILANTHROPHY
Answer  It is a Greek word that literally means love of the fellow human.-
PHILANTHROPHY

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One of the benefits of having a diverse workforce is it can provide a greater variety of
solutions to problems in service, sourcing, and allocation of resources.

Select one:
a.
True
b.
False
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Acting in an ethical way does not concern distinguishing between right and wrong and then
making the right decision.

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a.
True
b.
False
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Which of the following would most likely cause unethical behavior?

Select one:
a.
An employee using his own judgment
b.
A manual that is unconcerned about real ethical dilemmas
c.
A competitive business environment
d.
A seminar regarding business conduct
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Which of the following statements is TRUE?

Select one:
a.
Operating in a socially responsible way towards all stakeholders can set up a number of
conflicts for managers.
b.
Firms are limited in what they can do to protect the environment. It is the role of
government and effective legislation to control individual firms and their managers.
c.
Operating in a socially responsible way towards suppliers can be achieved entirely through
the terms and conditions of the contract.
d.
Competitors cannot be viewed as stakeholders.
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Which of the following is an element that makes ethical behavior conducive within an
organization?

Select one:
a.
All of the answers are correct
b.
Systems for confidential reporting
c.
Availability for advice on ethical situations
d.
A written code of ethics and standards
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Which of the following statements is TRUE?

Select one:
a.
There is growing trend for investors and employees to seek out ethical companies for
investment and employment.
b.
A major problem with getting firms to operate ethically and responsibly is that the costs of
not doing so are generally only a very small percentage of their turnover.
c.
Businesses that operate ethically and responsibly will attract more customers and make
higher profits than those businesses that do not.
d.
Many major companies demonstrate their commitment to ethical and responsible business
through the publication of a special annual report highlighting such issues.
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Business ethics are moral guidelines for the conduct of business established on notions of
what is right, wrong, and fair.

Select one:
a.
False
b.
True
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The issues of due process and just cause are not connected to business owners disciplinary
actions because the employets must have disciplinary procedures that make sure that their
employees are disciplined for just reasons and only after the correct procedures have been
followed.

Select one:
a.
True
b.
False
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What type of companies do individuals tend to want to work for?

Select one:
a.
Ones in which there are pressures to act in an ethical way
b.
Ones which disregard environmental responsibility
c.
Ones which display no ethical track record.
d.
Ones in which ethical dilemmas are minimized.
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AFFIRMATIVE ACTION
Answer  It has been defined as showing a preference for selecting and/or promoting
members of a demographic or minority group with a history of discrimination.-
AFFIRMATIVE ACTION

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Which of the following statements is TRUE?

Select one:
a.
Business ethics is an opposing philosophy to that of the materialistic society.
b.
The Kyoto Summit of 1997 highlighted the key issue of business ethics-that of leaving the
planet in a good state.
c.
The lobby for ethical business has come from the religious groups, governments, trade
unions and consumer and environmental action groups.
d.
Business ethics was founded as a movement by the UL Quakers and paternalists of the 1th
century.
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Companies have a corporate social responsibility is about caring for the workers, giving
back to the community, and being financially encironmentally, and socially responsible.

Select one:
a.
True
b.
False
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For business owners, it is vital to speak and act in a trustworthy manner.

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a.
False
b.
True
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Companies that practice social reponsibility marketing strategies

Select one:
a.
will be spared negative attention when they commit illegal activities
b.
force those who transact business with them (vendors and investors) to maintain the same
standards of practice and values.
c.
show concern for the people and environment in which they transact business
d.
are guaranteed to have a better customer loyalty
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Social responsibility is an ethical ideology, in which individuals are responsible for executing
their civic duty; the actions of a person must benefit the whole of society.

Select one:
a.
False
b.
True
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When a company sponsors a charity event that is aligned with their core mission and vision,
that company is practicing which of the following concepts?

Select one:
a.
No correct answer
b.
Environmental scanning
c.
Cause marketing
d.
All of the answers are correct
e.
Social responsibility
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Employers do not have a responsibility to their employees to protect them from
discrimination and unfair treatment in the workplace.

Select one:
a.
False
b.
True
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An employee is terminated for just cause where he has been found to have been dishonest
with the employer, such as theft of corporate property or in the participation of a
competitor business.

Select one:
a.
False
b.
True
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Which of the following is NOT a way that companies can demonstrate social responsibility?

Select one:
a.
Maximizing profits
b.
Reducing their environmental footprint
c.
Implementing fair hiring practices
d.
Donating funds to education
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The right to due process often comes up when the government needs to take the property
of someone for public use.

Select one:
a.
False
b.
True
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Which of the following does NOT contribute to the development of the standard of ethics
of a manager?

Select one:
a.
The norms and values of society
b.
Competitor behaviors
c.
Individual life experiences
d.
Environmental situations
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A person who always makes use of the Character Approach will likely be considered
dogmatic and hard to get along with.

Select one:
a.
True
b.
False
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Proponents of corporate social responsibility highlight three advantages, which they refer to
as a triple bottom line. Which of the following is NOT one of these three advantages?

Select one:
a.
Social
b.
Economical
c.
Competitive
d.
Financial
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CSR is a _________ initiative

Select one:
a.
enforced
b.
community
c.
government
d.
voluntary
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Which of the following statements is TRUE?

Select one:
a.
A social approach to ethics focuses on community issues
b.
A social approach to ethics is broadly similar across North American and European countries
c.
A social approach to ethics assumes that most people will behave in accordance when there
is a risk of them being caught
d.
A social approach to ethics acknowledges that ethical considerations vary between cultures
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Which concerns does CSR address?
Select one:
a.
Social and Environmental
b.
Monetary and Profit
c.
Legal and Regular
d.
Moral and Ethical
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EMPLOYMENT RELATIONSHIP
An Answer  is a legal connection that is formed between an employee and employer
when work is completed for monetary remuneration.- EMPLOYMENT RELATIONSHIP

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A document prepared to guide organization members when encountering ethical dilemmas

is a

Select one:
a.
outline of expected behaviors
b.
list of rules and responsibilities
c.
code of conduct
d.
code of ethics
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Which of the following statements is TRUE?

Select one:
a.
The strategic argument that business should operate ethically advocates a strategic
prioritization of stakeholders.
b.
The strategic argument that business should operate ethically first appeared as an aspect of
Five Forces according to Porter.
c.
The strategic argument that business should operate ethically is a selective approach that
argues that initiatives must benefit firms as well as society.
d.
The strategic argument that business should operate ethically focuses on broader social
issues.
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Accept terms and conditions are usually done as a part of joining procedure.

Select one:
a.
False
b.
True
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The social responsibilities of a management include all of the following except

Select one:
a.
Caretaker
b.
Economic
c.
Legal
d.
Ethical
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For some employees, the loss of a ob due to downsizing can be a positive step that allows
them to reinvent themselvs.

Select one:
a.
True
b.
False
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just cause
Answer  is a reason that is enough to fire an employment contract immediately and
for which, no notice or severance pay is due to the employee.- JUST CAUSE

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Which of the following is NOT an example of a philanthropic social responsibility initiative?

Select one:

Issuing a donation for single mothers

Providing grant money to an education institution

Sponsoring a marathon runner for a fixed amount of money per mile


Painting a homeless shelter

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