BUS 100 - Austin - all reading quizzes

Deregulation is often

A politically popular idea.

Most US state laws permit the monitoring of employees through

A. Eavesdropping on phone calls. B. Tracking software. C. Recording computer keystrokes.

To influence government policymakers actions an information strategy involves

A. Business leaders speaking before government policymakers.

A company can increase diversity and inclusion in the workforce by

Accommodating family needs outside of work.

Businesses promote an information strategy by inviting government leaders to

All of the above.

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

Audited by a certified professional accounting firm.

Since the mis 1950s the proportion of American workers represented by unions has

B. Decreased

Microfinance refers to

Banks lending money to low-income businesses.

All the following values are present in most ethical decisions except

Be honest, Be said and just, Act responsibly

Customers can exercise economic stakeholder power by

Boycotting products if they believe he goods are too expensive

Reasons for the destruction of rain forests include

Commercial logging. Conversion of forests to plantations. Cattle ranching.

Past decisions of the court, the original basis for the US legal system, are called

Common laws

The board committee that administers and approves salaries and benefits of high level managers in a company is called the

Compensation committee.

The amount of land and water a human population needs to produce the resources it consumes and to absorb its wastes given prevailing technology is called

Ecological footprint

When a government orders companies not to conduct business in another country because of a war, human rights violations, or lack of a legitimate government, these orders are called

Economic Sanctions.

According to a survey of community relations managers, what is the most important social issue facing communities today

Education.

The primary reason that governments try to keep pace with technology is to

Ensure that the public is protected.

Over time the nature of business's relationship with its stakeholders often

Evolve through a series of stages

Which of the following is not a constituency building strategy tool

Expert witness testimony.

The term glass walls refers to

Fewer opportunities to move sideways into jobs that lead to the top.

Cybersecurity experts recommend including which essential elements for an incident response plan for cyberattacks

Focus on how to respond to a breach. B. Involvement by all functional departments. C. Support from executive leadership.

When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally it is called?

Global corporate citizenship

Under the Sarbanes Oxley act, corporations are required to

Have executive vouch for the accuracy of a firm's financial reports

According to a recent survey of supply chain managers, which of these social and environments issues was the most important

Health and Safety

Which of the following arguments supports the concept of high executive compensation

High salaries provide an incentive for innovation and risk-taking.

Which of the following statements is not true about arable land

It is a nonrenewable resource.

which of the following is an argument against affirmative action?

It is inconsistent with the principles of fairness and equality.

Which of the following statements is true about the relationship between business and the community

It is one of mutual interdependence.

The information strategy tool most used by business is

Lobbying.

When the market fails to adjust for the full costs of a firm's behavior this is called

Market failure.

M commerce is facilitated primarily by

Mobile or cell phones.

In the US the right to free speech

Must be weighed against the consequences for the community.

Employees in the united states have a legal right to

Organize and bargain collectively. B. A safe and healthy workplace.

A thin layer of gas that protects the earth from excessive ultraviolet radiation from the sun is

Ozone

The theory of comparative advantage states that

Productivity rises more quickly when countries produce goods and services for which they have a natural talent.

Which of these factors has accelerated the current ecological crisis

Rapid Industrialization

The right to be heard assures that consumers interests will

Receive full and sympathetic consideration.

Most ethics or compliance officers are generally entrusted to

Reduce the risks to the company of employee misconduct.

The use of robotics in the workplace has increase recently because

Robots are more reliable than people. B. The cost of robots has decreased. C. New collaborative machines have been invented.

Studying the underlying cause of repeated supplier violations is called

Root cause analysis

Which of these steps has the us recently taken to counter cybercrime

Setup a system of voluntary cybersecurity standards. B. Opened a new center dedicated to managing cyber activities.

A visual representation of the many links between a lead firm and its suppliers superimposed on a geographical map is called a

Supply chain map

The term civic engagement describes

The active involvement of businesses and individuals in improving communities.

Which of the following is are core rights of consumers?

The right to safety.

Factor conditions are strategic contributions focusing on

The supply of trained workers, physical infrastructure, and natural resources.

Which of the following statements is not true about shareholders

They own equal shares of company assets.

A reason for an increase in employee monitoring does not include

To reduce the employer's health insurance premiums.

Which of the following is not a legal right of shareholders

To vote on who will become CEO

An individual who is a supporter of globalization would argue that it helps the developing world by

all of the above

The most important agreement which codifies human rights is the

he Universal Declaration of Human Rights.

Intellectual property refers to

marketable products and services that result from someone's creative and intellectual efforts

The core components upon which a company's ethical performance depends include

personal character of the managers and employees, the values and virtues of the managers, and the traditions, attitudes, and business practices built into a company's culture.

Good corporate citizens

strive to conduct all business dealings in an ethical manner

Social impacts of global supply chains include

wages, working conditions, health & safety

Corporations that run their operations according to the stakeholder theory of the firm create a value by?

All of the above. Innovating new products, increasing stock prices, and developing their employees' professional skills

Contemporary issue management

D. is an interactive, forward thinking process

Cross cultural contradictions arise due to

Difference between home and host countries' ethical standards.

Investors may receive an economic benefit from the ownership of stock by receiving

Dividends and capital gains Both B and C, but not A

The main drawback to utilitarian reasoning is that

It is difficult to accurately measure both costs and benefits.

Natural capital refers to the worlds

Supply of geology, soil, air, water and all living things.

Cooperation between business and government occurs when

They encounter a common problem or enemy

Dark money refers to

Undisclosed contributions to tax-exempt organizations.

Which statement is not correct about the business society interdependence?

. Actions by government rarely affect businesses

Proactive companies are

. Much less likely to be blindsided by crises and negative surprises

Which of the following statements is not true about the interactive social system

. The boundary between business and society is clear and distinct

A society where economic power is concentrated in the hands of government officials and political authorities is called

A central state control system.

Why does a diverse and inclusive workforce benefit a firm supporting a global market

A variety of language skills serves the global customer base well.

Which of the following examples best illustrates an ethics issue base on cross-cultural contradictions?

A. Legally marketing a pesticide abroad that has been banned in the U.S. B. Circumventing government regulations to ensure company profits. C. Hiring child workers in violation of civil law.

Stakeholder engagement is

An ongoing process of relationship building between a business and its stakeholders.

Sustainable development

Balances economic and environmental considerations.

Integrity based ethics programs

Combined concerns for the law with an emphasis on employee responsibility

Which of these actions can businesses take to reduce income inequality

Commit to paying a living wage to all employees.

What kind of power might a local community use to influence a company's decisions?

D. All of the above, Publicizing an issue, Lobbying gov't policy makers for regulations, challenging whether an whether a business activity should continue to operate

Companies demonstrate global corporate citizenship by

D. Both B/C not A. Finding business opportunities that serve society and integrating concern for both financial and social problems

Warning consumers about the possible side effects of pharmaceutical drugs is an example of consumer protection against

Hazardous products.

When businesses adopt voluntary policies for protecting the privacy of individuals information disclosed during electronic transactions, this is an example of

Industry self-regulation.

The agency problem arises when

Managers act in they own interest, rather than in the interest of the shareholders.

As communications improve and people around the world are able to witness the horrors of natural disasters, terrorism, and way, international relief efforts by corporations are becoming

More important.

The practice of using fake business emails in order to trick users into divulging personal data, such as usernames and passwords, is called

Phishing.

Which stage of corporate environmental responsibility focuses on the full life cycle of a product

Product stewardship stage.

The mission of the securities and exchange is to

Protect shareholders rights by making sure that stock markets are run fairly.

How are directors (members of corporate boards) selected

Shareholders elect the directors from a list of candidate.

Which of the following statements accurately describe the role of chief sustainability officer

Supervises staff across functional areas. Requires strong interpersonal skills. Typically reports to the CEO.

The occupational safety and health act gives workers the right to a job

That is free from recognized hazards that are likely to cause death or serious injury.

Corporate power refers to

The capability of corporations to influence government, the economy, and society, based on their organizational resources.

Which of the following is not true about occupational segregation?

The large pay gap for Hispanic workers partly reflects their concentration in several high-paying occupations.

Which of these statements accurately describe hacktivists known as grey hatters

They seek media attention and profits.

In some cases, businesses have banded together to agree on how they will treat their consumers. This is called

Voluntary industry codes of conduct.

Life cycle analysis involves

collecting information regarding the lifelong environment impact of a product from extraction to disposal

Which of the following examples does not show a company guided by enlightened self-interest?

o Company breaking past records by maximizing quarterly profits

The issue management process is a

systematic process companies use when responding to public issues that are of the greatest importance to the business

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

Legal and Practical

Social investors seek to eliminate from their investment portfolios companies that

Make dangerous products like tobacco or weapons, Pollute the environment, Discriminate against employees