Business Class Summer 1 EXAM #2 Chapter 6, 8, 10, 11

A member of the Chartered Financial Analyst Institute (CFA) must:

ALL OF THE ABOVE 1. Promote with integrity 2. Act with Integrity 3. Improve professional competence

The core Components upon which companies ethical performance depends include

ALL OF THE ABOVE 1. Values 2. Personal Character 3. Traditions and Attitude

When managers become personally involved in developing public policy, the firm is at what level of business political involvement

Aggressive organizational Involvment

Businesses promote an information strategy by inviting government leaders to

All of the Above A. Visit local plant Facilities B. Attened Company Award C. Give Speeches to employees

Companies that cultivate a vision of sustainability must adopt sophisticated strategic planning techniques to:

Allow their top manager assess the full range of the firms effects on the environment

BY law, the financial records of publicly held companies are required to be

Audited by a certified professional accounting firm

In the nomadic agrarian phase of technology in society people

BOTH A and B A. Hunted wild animals for meat B. Gathered wild plants for food

Proponents of business as political participant argue

BOTH A and C A. System invites many participants C. Business is a vital stakeholders of government

Ethical challenges for information technology

Both A and C A. Data Privacy C. CopyRight Protection

Which Country recently enacted new laws to counter bribery and corruption?

Brazil

When a firm solicits its stockholders for political contributions for a particular candidate b letter and then sends those contributions to the candidate on behalf of its stockholders, it is called

Bundling

To influence government policymakers actions an information strategy

Business leaders speaking before government policymakers

A company that builds stakeholder coalitions to influence government is using which strategy

Constituency Building

Which political action strategy seeks to gain support from other affected organizations to better influence policymakers

Constituency building strategy

Which of the following is not an example of an ethical criterion

Corporate Driven

Companies that reduce pollution and hazardous waste, reuse or recycle materials and operate with greater energy efficiency achieve a competitive advantage due to

Cost Savings

A corporate political strategy does not

Determine the legal limits allowed for campign financing

The information strategy too lost used business is

Direct Communication

Which of these statements accurately describes describes a super PAC

Does not allow direct contributions to candidates or political parties

All of the following are commitments of the principles of the Code of Professionals Conduct of the American institute of Certified Public Accountants except:

Due Process

Lobbyists under U.S> law must disclose their

Earnings and expenses

If a manager approaches ethical issues with self-centered approach, emphasis will be on

Economic effciency

Which ethical criteria is described by the idea that a company should strive for efficiency

Egoism

Ethics policies typically cover all of the following issues except:

Encouraging discriminatory personal practices

When businesses form voluntary,collaborative partnerships with environmental organizations and regulators to achieve specific objectives this is called

Environmental partnerships

The unspoken understanding among employees of what is and is not acceptable behavior is called:

Ethical Climate

Expert witness testimony is often collected

In congressional hearings

Building ethical safeguards into a company everyday routines is called

Institutionalizing ethics

Advocacy ads are also called

Issue advertisements

In recent annual Harris polls, which entity did Americans believe had the greatest amount of political power?

Large Businesses

When a business seeks to overturn a law after it has been passed or threatens to challenges the lead legitimacy of the new regulation in the courts, this is called

Legal challenges

Economic leverage occurs when a business uses it economic power to

Threaten to leave a location unless a desired political action is taken

In 2013 what percentage of are firms issued triple bottom line reporting in a single document?

93% percent

Hiring former government officials for positions in the corporate worlds is

A and C A. Normally Legal C. Considered unethical by over 50% of Americans

Firms in the chemical industry, which must contend with frequently changing environmental regulations and the risk of dangerous accidents, usually have:

A sophisticated political strategy

The most effective ethics programs utilize which of the following?

ALL OF ABOVE 1. Written Policy 2. Posters 3. Quick reference guides

The typical public affairs executive spends most of the day

ALL OF THE ABOVE 1. Coalition building 2. Direct lobbying 3. Fund Raising

Public Policies and government regulations are shared by

ALL OF THE ABOVE 1. Business 2. Special Interest Groups 3. Government

Which of these specializations was/were spurred by the rapid changes in technology over the past few decades?

ALL OF THE ABOVE 1. Smart Manufacturing 2. Wireless 3. Processing of enormous amounts of data

Supports of advocacy advertisements believe that they

Both A and B A. Identify a company as an interested an active stakeholder b. Can help mold public opinion on a particular policy issue

Integrity based ethics programs

Combines concern for the law with an emphasis on employee resonsibily

Some researchers believe the business firms moving towards ecological sustainability results in

Competitive advantages

When attempting to build ethical safeguards into the company, businesses can take the following specific approaches

Compliance and integrity

Since 2011 the total amount spent on lobbying activity has

Decreased slightly

Ethisphere Magazine recognizes and rewards ethical leadership and business practices worldwide according to their

Ethical Quotient (EQ)

Which of the following is not a constituency building strategy tool

Expert witness testimony

In a survey of 110 companies in 2014, the most frequent public tactic was related to

Federal government regulations

Recipients of the corporate ethics awards show that

Firms can be financially successful and ethically focused

If a manager approaches ethics with benevolence in mind he or she would stress what?

Friendly relations with an employee

What methods did the businesses opposed to arkansas religious freedom laws

Hired Private Lobbyists

Business managers need a set of ethical guidelines to help them

Identify and analyze the nature of the ethical problem

All of the following are considered to be ethical issues for marketing professional except:

Ignoring market fair dealing

A company that channels employee behavior in a lawful direction by emphasizing the threat pf detection and punishment is

Operating under the compliance base application

One of the oldest financial incentive strategy tools is

Political action committee contributions

A common tactic in a financial incentive political strategy is

Political contributions

To help control political favorites, there have been global efforts to

Promote fairness in the electoral process

Most ethics or compliance officers are generally entrusted to

Reduce the risks to the company of employee misconduct

A giant step is taken toward improving ethical performance throughout the company when

Senior level managers signal to employees that they believe ethics is a high priority

When environmentally proactive companies seek out imaginative, innovative new methods for reducing pollution and increasing efficiency, they are adopting which strategy

Technological innovation

Which U.S. Act prohibits executives representing U.S.-based companies from paying bribes to foreign government officials, political parties, or political candidates:

The U.S. Foreign Corrupt Practices Act

The Critical component in installing an effective ethics program is:

The integration of various ethics safeguards into a comprehansive

The critical component in installing an effective ethics program is:

The integration of various ethics safeguards into a comprehensive program

In 2011, the Global Electoral Organization GEO discussed which critical election administration issues?

The role of the media in elections

Dark Money refers to

Undisclosed contributions to tax exempt organizations