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- 1. Multiple Choice
1. Which of the following is a similarity between ethics and social responsibility?
Both refer to philosophies about right and wrong on an individual level.
Both rarely influence the decisions of employees.
Both play an important role in building profitable businesses and vibrant communities.
Both are mandated by law and are enforced in the legal system.
- 2. Multiple Choice
Universal ethical standards are ethical norms:
Established by the senior citizens of each nation.
That apply to everyone, across a broad spectrum of situations.
Set up for employees by their employers.
That have been set by the United Nations.
- 3. Multiple Choice
A computer company that creates their laptops to break after six months, making their customers pay more to get them fixed or replaced at that time. This companies conduct would be best described as:
Legal but unethical.
Legal and ethical.
Illegal and unethical.
Illegal but ethical.
- 4. Multiple Choice
Which of the following is true of corporate responsibility?
It refers to the need for commitments from an organization’s senior management.
It ensures that the code of ethics of an organization is both global and local in scope.
It focuses on contributions made to the community through the efforts of a business.
It is designed to spike sales for the company and raise money for a nonprofit.
- 5. Multiple Choice
_______ refers to developing and promoting environmentally sound products and practices to gain a competitive edge.
Crowdsourcing
Bioremediation
Green Marketing
Carbon Footprint Marketing
- 6. Multiple Choice
According to _____, customers can freely purchase the products that meets their needs.
The right to choose
The right to buy
The right to be informed
The right to indulge
- 7. Multiple Choice
Aquin, a cell phone company, has released a new smartphone. The phones are designed to have technical issues after a few months, causing customers to replace them earlier. This is an example of __________.
Whistle-blowing
Planned Obsolescence
Modular function deployment
Crash simulation
- 8. Multiple Choice
Companies that step in with on-site day care programs for workers facing challenges such as raising kids are fulfilling their:
Social responsibility.
Consumerism duties.
Legal roles.
Stakeholder criterion.
- 9. Multiple Choice
Which of the following statements is true of the Sarbanes-Oxley Act?
It requires senior managers to contribute a percentage of their income for social responsibility.
It ensures that a code of ethics is applied both globally and locally in organizations.
It requires that financial officers personally certify the validity of their financial statements.
It ensures the application of right and wrong as well as good or bad in a business setting.
- 10. Multiple Choice
Companies that make it easy for customers to be heard and train people in customer service, are ensuring _________.
The right to buy
The right to choose
The right to speech
The right to be heard
- 11. Multiple Choice
In the context of social responsibility, a stakeholder refers to:
Any groups that have a personal interest in the performance of an organization.
Officials who review company records to identify the revenue of an organization.
Workers of all ages who continue to seek undue advantages.
Employees who report their employer’s illegal activities.
- 12. Multiple Choice
In the context of ethical choices, which of the following is a strong predictor of ethical leadership?
Personal empathy
Ethnocentrism
Collusive bidding
Lobbying
- 13. Multiple Choice
Which of the following steps should a company follow to bring its code of ethics to life?
The code of ethics should be limited to being local issues not global.
Protection to be set for people who report illegal or unethical behaviors.
Employees should be allowed to choose the kind of moral principles that they wish to follow.
The code of ethics should NOT apply to outside parties that work with the business, such as suppliers or distributes.
- 14. Multiple Choice
Mikayla works at a local hospital, she notices that one of the trustees is falsifying the data of patients when filling out reports. She sends the information to the local news, this is an example of a:
Grandstander.
Social Audit.
Whistle-Blower.
Corporate Philanthropist.
- 15. Multiple Choice
_____ refers to marketing partnerships between businesses and nonprofits organizations, designed to spike sales for the company and raise money for the nonprofit.
Double loop Marketing
Win-Win Marketing
Cause-related Marketing
Double-Dipping Marketing
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