Business Ethics Chapter 4,5,6 Test Review

Corporate social responsibility refers to: A. those things that businesses ought, or should, do, even if they would rather not. B. those measures that are taken against the ill treatment of subordinates in a firm. C. the avoidance of misconduct within an organization. D. the responsibility that society has to ensure a business's success.

A

Ethical means of leadership alone is insufficient for establishing ethical leadership. Identify the other element. A. The ends or goals towards which the leader leads. B. The corporate culture of the leader's organization. C. The ethical nature of the leader's team members. D. The ethical decision-making skills of the leader's team.

A

In the philanthropic model of CSR, situations where a business supports a social cause for the purpose of receiving a business benefit in return are not much different from: A. the economic model of CSR. B. the stakeholder theory of CSR. C. the integrative model of CSR. D. the sustainability theory of CSR.

A

When a firm engages in socially responsible activities with a prime focus on reputation: A. social responsibility tend to become a form of social marketing. B. the measure of positive reputation gained is impossible to calculate. C. profits have to be sacrificed for social causes. D. it always loses employee loyalty.

A

Which of the following is FALSE about changing corporate culture? A. Corporate cultures can't be changed. B. Corporate cultures can be difficult to change. C. Top leadership is a important element in changing a culture. D. Frequently, people don't even notice their culture.

A

Philosophically, the right of _____ is the right to be protected against the arbitrary use of authority. A. continuance B. freedom of association C. due process D. self-determination

C

The _____ model of CSR holds that, like individuals, business is free to contribute to social causes as a matter of philanthropy, and business has no strict obligation to contribute to social causes; but it can be a good thing when they do so. A. economic B. social web C. philanthropic D. integrative

C

When can we conclude that an activity has an "acceptable level of risk?" A. If it can be determined that the probability of harm involved in a specific work activity is manageable. B. If the probability of harm involved in a specific work activity is acceptable by insurance and workers' compensation laws. C. If it can be determined that the probability of harm involved in a specific work activity is equal to or less than the probability of harm of some more common activity. D. If the employers are willing to compensate the harm caused to workers for a specific activity.

C

Which among the following has the capacity to offer a firm direction and stability during challenging times? A. Organizational mission B. Organizational vision C. Organizational culture D. Organizational leadership

C

Which of the following best describes corporate social responsibility? A. It refers to the dedication that employees show in meeting organizational goals. B. It refers to the accountability that a manager has over his subordinates. C. It refers to the actions for which a business can be held accountable. D. It refers to the actions that maximize the profit of an organization.

C

Which of the following is true about the economic model of CSR? A. It holds that a business should prioritize environmental sustainability. B. It has its roots in the Kantian tradition of ethics. C. It contends that the goal of business managers should be to pursue profit within the law. D It holds that social goals should be at the heart of a firm's mission.

C

With regard to health and safety at workplace, _____ can be defined as the probability of harm. A. obstacles B. impediments C. risks D, barriers

C

Beyond the goal of profitability, other socially responsible goals might be necessary before the conclusion that a business leader is completely ethical. True False

True

Decision-making within a firm is influenced, limited, shaped, and in some cases virtually determined by the corporate culture of the firm. True False

True

In situations where the law is an inadequate source of decision-making, the business culture is likely to be a determining factor. True False

True

The United States Sentencing Commission is an independent agency that regulates sentencing policies in the federal court system. True False

True

The doctrine of 'employment at will'(EAW) holds that unless an agreement specifies otherwise, employers are free to fire an employee at any time and for any reason. True False

True

The philanthropic model holds that business has no strict obligation to contribute to social causes: True False

True

An ethical culture would be one in which employees are empowered and expected to act in an ethically responsible way because the law requires it. True False

False

Employees have a universal right to a "happy" workplace. True False

False

Ethically responsible leaders within any business promote ethics through personal behavior and thoughts alone. True False

False

It is adequate if a business leader is 'quietly ethical' within the confines of his or her top management domain to be perceived as being ethical. True False

False

It is uncommon for businesses to have unspoken, influential standards and expectations. True False

False

Socially responsible activities are never done for building the reputation of a firm within the philanthropy model. True False

False

Stakeholder theory states that a firm should be managed for the sole benefit of stockholders. True False

False

The most important influence on workers' commitment is salary. True False

False

Which of the following statements is true about the market controlled approach to health and safety? A. It treats employees disrespectfully by ignoring their input as stakeholders. B. In this approach, employees are free to choose the risks they are willing to face by bargaining with employers. C. It assumes an equivalency between workplace risks and other types of risks when there are significant differences between them. D. It calls for the determination of comparison of probabilities of harm involved in various activities.

B

According to the economic model of corporate social responsibility, the sole duty of a business is to: A. go beyond legal responsibilities to cater to the needs of the society. B. fulfill the economic functions that it was designed to serve. C. think beyond economic ends that have to be met to help the society. D. analyze the defects in society and design products to overcome these defects.

B

Discussions in ethics about employee health and safety tend to focus on the relative risks workers face and the level of acceptable workplace risk because: A. workers' compensation is easier to calculate. B. employers cannot be responsible for providing an ideally safe and healthy workplace. C. insurance laws mandate the focus on relative risks and acceptability of workplace risk. D. it results in a completely safe and healthy workplace.

B

For any organization, which among the following acts as a built-in risk management system? A. A charismatic leader B. A code of conduct C. A patent for the technology D. Generation of profits

B

The life of one who dies in a workplace accident has _____ value that can be measured, in part, by the lost wages that would have been earned had that person lived. A. absolute B. instrumental C. intrinsic D. extrinsic

B

The philanthropic model in which business support for a social cause is done because it is the right thing to do differs from the reputational version only in terms of the: A. level of social good done. B. underlying motivation. C. reach of the social good done. D. medium used.

B

Comparison of the probabilities of harm involved in various activities would determine the ____. A. acceptable level of risks B. absolute risks C. speculative risks D. relative risks

D

Dedication of resources within an organization is: A. an indication of stockholder involvement. B. an unification of global resources under the parent company. C. one aspect of minimizing litigation. D. an indication of leadership setting the tone for ethical behavior.

D

In a value-based culture, a firm recognizes that in the event of ____, it must rely on the personal integrity of its workforce when decisions need to be made. A. financial constraints B. technological upheaval C. shortage of labor D. ambiguous rules

D

In some regions, employees lack even the most basic health and safety protections in their workplaces. Such work environments are termed as ____. A. op shops B. holes-in-the-walls C. haberdasheries D. sweatshops

D

Which of the following versions of corporate social responsibility suggests that the long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment? A. Social web B. Philanthropic C. Social entrepreneurship D. Sustainability

D