Midterm prep
40) The components of a typical issues management process include: 40) ____
D) All of these answers are correct.
6) Corporations that run their operations according to the stakeholder theory of the firm create value by: 6) _____
D) All of these answers are correct.
64) Good corporate citizens: 64) ____
D) All of these answers are correct.
110) A free enterprise system refers to: 110) ____
D) Economic assets that are privately owned and exchanged in an open market.
240) Natural capital refers to the world's: 240) ____
B) Supply of geology, soil, air, water, and all living things.
104) A critic of globalization might argue that companies decide to manufacture in China mainly because of China's: 104) ____
A) Weak health and safety regulations.
177) In the case Equifax's Data Breach, which ethical climate dominated during the data breach? 177) ____
B) Team approach. C
105) The term "race to the bottom" refers to: 105) ____
D) Moving production jobs to the country with the lowest labor cost.
193) Which of the following are examples of natural monopolies? 193) ____
A) Electric utilities and railroads.
165) Business managers need a set of ethical guidelines to help them: 165) ____
A) Identify and analyze the nature of the ethical problem.
157) All of the following are considered to be ethical issues for marketing professionals except: 157) ____
A) Ignoring market fair dealing.
49) Companies that believe they can make decisions unilaterally, without taking into consideration their impact on others, are: 49) ____
A) Inactive.
161) Building ethical safeguards into a company's everyday routines is called: 161) ____
A) Institutionalizing ethics.
230) When a business seeks to overturn a law after it has been passed or threatens to challenge the legal legitimacy of the new regulation in the courts, this is called: 230) ____
A) Legal challenges.
128) An ethics issue based on cross-cultural contradictions is best illustrated by which example? 128) ____
A) Legally marketing a pesticide abroad that has been banned in the U.S.
132) According to an annual Gallup poll, which occupation was consistently ranked the highest for honesty and ethics? 132) ____
A) Nurses.
244) Which of the following statements is not true about the population? 244) ____
A) Over the next century, population growth is expected to be greatest in developed nations.
251) A thin layer of gas that protects the Earth from excessive ultraviolet radiation from the sun is: 251) ____
A) Ozone.
66) Business leaders, like automaker Henry Ford, developed these programs to support the recreational and health needs of their employees. 66) ____
A) Paternalistic programs.
159) The Principles and Standards of Ethical Supply Chain Management Conduct includes the principle: 159) ____
A) Protect confidentiality.
243) Which of these factors has accelerated the current ecological crisis? 243) ____
A) Rapid industrialization.
50) Firms that generally act only when forced to do so, and then in a defensive manner, are: 50) ____
A) Reactive.
191) The primary way of accomplishing public policy is through: 191) ____
A) Regulation.
245) Rapid economic development is often accompanied by: 245) ____
A) Rising incomes, bringing higher rates of both consumption and waste.
210) A large sporting goods store that raised the age for purchase of some firearms in response to public concerns for gun control were seen by detractors as: 210) ____
A) Risking their reputation by engaging in politics.
15) The phenomenon of a person or group holding multiple stakeholder duties is referred to as: 15) ____
A) Role sets.
26) When something stands out from a background, is seen as important, or draws attention it is: 26) ____
A) Salient.
184) Past decisions of the courts, the original basis for the U.S. legal system, are called: 184) ____
C) Common laws.
160) When attempting to build ethical safeguards into the company, businesses can take the following specific approaches: 160) ____
C) Compliance and Integrity.
36) Legal environmental intelligence includes: 36) ____
C) Considerations of patents, copyrights, or trademarks.
214) Which political action strategy seeks to gain support from other affected organizations to better influence policymakers? 214) ____
C) Constituency-building strategy.
34) The explosive use of social media is an example of which environment? 34) ____
C) Customer.
32) Customer environmental intelligence includes: 32) ____
C) Demographic factors.
8) The instrumental argument says stakeholder management is: 8) _____
C) More effective as a corporate strategy.
35) An analysis of the stability or instability of a government is an example of scanning which environment? 35) ____
C) Political.
124) Under the U.S. Corporate Sentencing Guidelines, if a firm has developed a strong ethics program, corporate executives found guilty of criminal activity may have their sentence: 124) ____
C) Reduced.
53) Stakeholder engagement is, at its core, a: 53) ____
C) Relationship.
236) In Japan's pluralistic public policy process, who are the major participants? 236) ____
C) Representatives of big business, agriculture, and labor.
121) People everywhere depend on ethical systems to tell them whether their actions are: 121) ____
C) Right or wrong.
199) Total social regulation costs are: 199) ____
C) Significantly higher than total economic regulation costs.
72) According to Barlow v. A.P. Smith Manufacturing: 72) ____
C) Socially responsible actions are an investment in the future, thus an allowable expense.
73) Positive reputation can be valued as an intangible corporate: 73) ____
C) Socially responsible actions are an investment in the future, thus an allowable expense.
146) One factor in determining the moral intensity of an ethical issue is how quickly the consequences take effect, a factor that is known as: 146) ____
C) Temporal immediacy.
58) What is the public issue in the case Businesses Respond to the Movement for School Safety? 58) ____
A) Second amendment rights and the safety of students in schools.
231) When a firm solicits its stockholders for political contributions for a particular candidate by letter and then sends those contributions to the candidate on behalf of its stockholders, it is called: 231) ____
D) Bundling.
213) To influence government policymakers' actions, an information strategy involves: 213) ____
D) Business leaders speaking before government policymakers.
200) Deregulation has occurred in the following industries: 200) ____
D) Commercial airlines, railroads, and financial institutions.
44) When working well, the issue management process: 44) ____
D) Continuously cycles back to the beginning and repeats.
151) Which of the following is not an example of an ethical criterion? 151) ____
D) Corporate driven.
63) Modern corporations should be socially responsible because they: 63) ____
D) Create jobs, influencing the lives of employees.
220) Since 2008, the total amount spent on lobbying activity has: 220) ____
D) Decreased slightly.
7) Which argument says that stakeholder management realistically depicts how companies really work? 7) _____
D) Descriptive argument.
211) A corporate political strategy does not: 211) ____
D) Determine the legal limits allowed for campaign financing.
56) A business and its stakeholders coming together for face-to-face conversations about issues of common concern is called stakeholder: 56) ____
D) Dialogue.
51) Proactive companies are: 51) ____
D) Much less likely to be blindsided by crises and negative surprises.
111) The Heritage Foundation scored which nation of the world among the most repressed in 2018? 111) ____
D) North Korea.
162) A company that channels employee behavior in a lawful direction by emphasizing the threat of detection and punishment is: 162) ____
D) Operating under the compliance-based approach.
75) Concerns about corporate social responsibility are exemplified by which of these statements? 75) ____
D) Requires skills businesses may lack.
43) Once an organization has implemented the issue management program, it must: 43) ____
D) Study the results and make necessary adjustments.
52) Stakeholder engagement is: 52) ____
D) The process of ongoing relationship building between a business and its stakeholders.
96) Representation on the World Bank's board of directors is based on: 96) ____
D) The size of the member nation's economy.
112) Assets that a person accumulates and owns at a certain point in time are called: 112) ____
D) Wealth.
205) Economists reported that the costs of regulatory compliance were highest for: 205) ____
D) Worker safety.
39) The issue management process is a: 39) ____
A) Systematic process companies use when responding to public issues that are of greatest importance to the business.
170) The critical component in installing an effective ethics program is: 170) ____
A) The integration of various ethics safeguards into a comprehensive program.
120) People's ethical beliefs come from: 120) ____
A) Their religious background, family, and education.
256) Arable land is accurately described by which statement? 256) ____
B) It is a renewable resource.
238) In the case Political Action by the U.S. Steel Industry, 2015-2018, what is one reason that foreign-made steel prices were so much lower than U.S. steel? 238) ____
B) Many foreign governments subsidized their steel industries.
192) When the market fails to adjust for the full costs of a firm's behavior, this is called: 192) ____
B) Market failure.
70) When undertaking social initiatives, a company: 70) ____
B) May sacrifice short-term profits.
265) Sustainable development through technology cooperation is best illustrated by: 265) ____
B) Microsoft provided the Jane Goodall Institute with animal tracking tools.
189) Policies that affect the supply, demand, and value of a nation's currency are: 189) ____
B) Monetary policies.
91) A firm that would like to develop a global supply chain would: 91) ____
B) Purchase raw materials, components, or supplies from sellers in other countries.
267) The most successful global businesses in coming years will be those companies that: 267) ____
B) Recognize the imperative for sustainable development as an opportunity both for competitive advantage and ethical action.
268) According to the case Clean Cooking, the widespread adoption of clean cookstoves would provide which of the following benefits: 268) ____
B) Reduced health risks.
103) The deep anti-Americanism that exists in some parts of the world is thought to be caused by: 103) ____
B) Resentment of cultural penetration from U.S.-based multinational enterprises.
158) Ethical challenges for information technology employees include: 158) ____
C) Data privacy and copyright protection.
78) BSR (formerly Business for Social Responsibility) helps its 300 member companies: 78) ____
C) Develop sustainable business strategies.
71) Those in support of corporate social responsibility believe the practice: 71) ____
C) Discourages government regulation.
155) All of the following are commitments of the Principles of the Code of Professional Conduct of the American Institute of Certified Public Accountants except: 155) ____
C) Due Process.
219) Lobbyists, under U.S. law, must disclose their: 219) ____
C) Earnings and expenses.
246) 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: 246) ____
C) Ecological footprint.
80) This inter-American organization (North and South America) was created to unite organizations focusing on corporate social responsibility from Canada to Chile. 80) ____
C) Forum Empresa.
60) The iron law of responsibility says that: 60) ____
C) In the long run, those who do not use power responsibly will lose it.
187) Public policy tools involve a combination of: 187) ____
C) Incentives and penalties.
55) The use of social media to conduct stakeholder engagement has: 55) ____
C) Increased the ability to share information amongst employees and partners.
186) Governments being asked to regulate driving distractions are examples of a public policy: 186) ____
C) Input.
16) A stakeholder analysis: 16) ____
C) Involves understanding the nature of stakeholder interests.
208) Public policies and government regulations are shaped by: 208) ____
D) All of these answers are correct.
22) What stakeholder group(s) can exercise legal power? 22) ____
D) All of these answers are correct.
23) What kind of power might a local community use to influence a company's decisions? 23) ____
D) All of these answers are correct.
234) The typical public affairs executive spends most of the day: 234) ____
D) All of these answers are correct.
241) Sustainable development: 241) ____
D) Balances economic and environmental considerations.
93) Which of the following statements accurately describe the practice of tax inversion: 93) ____
D) Both of these answers are correct: A company shifts their headquarters to a foreign country; and a company increases debt in their home country.
209) Proponents of business as a political participant argue: 209) ____
D) Both of these answers are correct: A pluralistic system invites many participants; and business is a vital stakeholder of government.
3) Which of the following is the result of the inseparable relationship between business and society? 3) _____
D) Both of these answers are correct: All business decisions have a social impact and the vitality of business depends on society's actions and attitudes.
221) Hiring former government officials for positions in the corporate world is: 221) ____
D) Both of these answers are correct: Always unethical; and considered unethical by over 50% of Americans.
61) Which of the following statements is true about corporate social responsibility? 61) ____
D) Both of these answers are correct: Businesses should monitor and prevent social problems in advance of their becoming major issues; and corporations should be accountable for any actions that affect people, their communities, and the environment.
242) The core idea(s) of sustainable development is (are): 242) ____
D) Both of these answers are correct: Economic development must be accomplished sustainably; and poverty is an underlying cause of environmental degradation.
77) Companies demonstrate global corporate citizenship by: 77) ____
D) Both of these answers are correct: Finding business opportunities that serve society and integrating concern for both financial and social performance.
114) Which statement(s) below are true about global income? 114) ____
D) Both of these answers are correct: Income is how much one earns in a day or a year; and income at the bottom of the pyramid varies from place to place.
190) By raising and lowering the interest rates at which private banks borrow money from the government, the Federal Reserve Bank: 190) ____
D) Both of these answers are correct: Influences the size of the nation's money supply; and influences the value of the dollar.
266) An example of codes of environmental conduct that have been developed by and for specific industries include: 266) ____
D) Both of these answers are correct: The Equator Principles; and The Forest Stewardship Principles.
33) According to management scholar Karl Albrecht, scanning to acquire environmental intelligence should focus on: 33) ____
D) Eight strategic radar screens.
13) A market stakeholder is exemplified by which of the following? 13) ____
A) Creditors.
129) As business becomes increasingly global: 129) ____
A) Cross-cultural contradictions will increase.
258) The commitments of the Convention on Biological Diversity include: 258) ____
A) Developing national conservation strategies.
223) Expert witness testimony is often collected: 223) ____
A) In congressional hearings.
28) A stakeholder map is a useful tool because: 28) ____
D) Both of these answers are correct: It enables managers to quickly see how stakeholders feel about an issue, and it allows managers to evaluate what outcomes are likely regarding an issue.
94) Microfinance refers to banks: 94) ____
D) Lending money to low-income businesses.
179) European Union regulators accused Uber of engaging in: 179) ____
D) Unfair competition.
126) A purchasing agent directing her company's orders to a firm from which she received a valuable gift, is an example of: 126) ____
. B) Conflict of interest.
62) Which of the following companies is being the most socially responsible? 62) ____
A) A company trying its best to operate in a way which will help local students get education and jobs.
31) Because of the risks and opportunities public issues present, organizations need: 31) ____
A) A systematic way of identifying, monitoring, and selecting public issues.
100) Under the World Trade Organization's most-favored nation rule: 100) ____
A) All import restrictions are illegal unless proven scientifically.
154) By law, the financial records of publicly held companies are required to be: 154) ____
A) Audited by a certified professional accounting firm.
137) All of the following values are present in most ethical decisions except: 137) ____
A) Be kind.
144) A just or fair ethical decision occurs when: 144) ____
A) Benefits and burdens are distributed in fair proportions.
178) Managers' understanding of government regulations is: 178) ____
A) Both a domestic and international issue.
47) A corporation's issue management activities are usually overseen by: 47) ____
A) Both the board of directors and top management levels.
19) Customers can exercise economic stakeholder power by: 19) ____
A) Boycotting products if they believe the goods are too expensive.
218) The information strategy tool most used by business is: 218) ____
A) Lobbying.
14) All of the following are external stakeholders of the firm except: 14) ____
A) Managers.
12) Which one of the following is considered to be a nonmarket stakeholder of business? 12) ____
A) Nongovernmental organizations.
135) Which statement characterizes the moral reasoning typically found in a child? 135) ____
B) "I'll let you play with my toy if I play with yours."
113) The percentage of global wealth concentrated at the base of the Pyramid is: 113) ____
B) 70 percent.
109) A society where economic power is concentrated in the hands of government officials and political authorities is called: 109) ____
B) A central state control system.
167) Most ethics or compliance officers are entrusted to: 167) ____
B) Act as a liaison between the company and their temporary employees.
Which statement is not correct about the business-society interdependence?
B) Actions by governments rarely affect business.
41) Once an issue has been identified, its implications must be: 41) ____
B) Analyzed.
203) The antitrust enforcement agencies in the United States have the legal authority to: 203) ____
B) Block anticompetitive mergers in the U.S.
10) The main reason a number of European countries require public companies to include employee members on their boards of directors is so that: 10) ____
B) Employees' interests will be explicitly represented.
84) The issue of reactive management policies occurs in which stage of global corporate citizenship? 84) ____
B) Engaged.
262) The idea that companies have a continuing responsibility for the environmental impact of their products or services, even after they are sold, is called: 262) ____
B) Extended product responsibility.
82) What is one advantage of operating as a B corporation? 82) ____
B) Government certifications are frequently conferred.
130) A recent study found that, compared to the 1980s, managers today place what importance on moral values, such as honesty and forgiveness? 130) ____
B) Slightly more important.
181) Around the world, government: 181) ____
B) Sometimes cooperates and sometimes is in conflict with business.
119) A conception of right and wrong is: 119) ____
B) The definition of ethics.
69) Which of the following examples does not show a company guided by enlightened self-interest? 69) ____
C) A company breaking past records by maximizing quarterly profits.
147) A high magnitude of consequences that increases the moral intensity of an ethical issue is best exemplified by which of the following? 147) ____
C) A food product contaminated with salmonella was distributed to stores.
29) The emergence of a public issue indicates that: 29) ____
C) A gap may be developing between what stakeholders expect and what an organization is actually doing.
264) The term circular economy refers to: 264) ____
C) A production system that is regenerative by design.
202) Antitrust laws protect consumers from: 202) ____
C) Anticompetitive practices by business.
81) An emerging business model that attempts to strategically balance the interests of all stakeholders to solve social and environmental problems is called: 81) ____
C) B Corporation.
180) Government's role is to create and enforce laws that: 180) ____
C) Balance the relationship between business and society.
250) By promoting the use of clean cookstoves in developing nations, a global alliance hopes to reduce: 250) ____
C) Black carbon.
197) An example of an economic regulatory agency is: 197) ____
C) National Labor Relations Board.
57) Corporations working collaboratively with other businesses and concerned persons and organizations is an example of stakeholder: 57) ____
C) Networks.
67) Philanthropic funding and public relations are two examples of corporate social responsibility: 67) ____
C) Policy instruments of the Corporate Social Stewardship phase.
108) The most important agreement which codifies human rights is: 108) ____
C) The Universal Declaration of Human Rights.
172) Which of these components are not considered during a risk-assessment audit to gauge the effectiveness of a firm's ethics programs? 172) ____
C) The financial bottom line.
201) Reregulation is: 201) ____
C) The increase or expansion of government regulation.
85) Managers responding to the needs of the local education system as a normal or routine aspect of its operations is an example of an organization in the: 85) ____
C) Transforming stage.
185) The Mullahs in Iran is an example of the power of government derived from: 185) ____
D) A religious authority.
232) When managers become personally involved in developing public policy, the firm is at what level of business political involvement? 232) ____
D) Aggressive organizational involvement.
252) Depletion of the ozone layer, destruction of the rain forests, and species extinctions all have an impact on: 252) ____
D) All of society.
222) Businesses promote an information strategy by inviting government leaders to: 222) ____
D) All of these answers are
102) An individual who is a supporter of globalization would argue that it helps the developing world by: 102) ____
D) All of these answers are correct.
106) According to the United Nations, a feature of democracy is: 106) ____
D) All of these answers are correct.
11) Stakeholder groups can include: 11) ____
D) All of these answers are correct.
116) Government has distinctive resources and competencies including: 116) ____
D) All of these answers are correct.
122) Businesses are expected to be ethical in their relationships with: 122) ____
D) All of these answers are correct.
123) Why should business be ethical, according to Figure 5.1? 123) ____
D) All of these answers are correct.
145) The reason(s) behind the uncertainty of an ethical or unethical decision is (are) that different people and groups: 145) ____
D) All of these answers are correct.
149) The core components upon which a company's ethical performance depends include: 149) ____
D) All of these answers are correct.
86) Global social audit standards concentrate on: 86) ____
D) All of these answers are correct.
9) The fiduciary duty of managers benefits a firm's: 9) _____
D) All of these answers are correct.
95) An example of an international financial and trade institution is: 95) ____
D) All of these answers are correct.
According to general systems theory, boundary exchanges are exemplified by which of the following?
D) All of these answers are correct.
136) Mature adults typically base their ethical reasoning on broad principles and relationships such as: 136) ____
D) Both of these answers are correct: Human rights and constitutional guarantees of human dignity; and universal principles of justice.
229) Supporters of advocacy advertisements believe that they: 229) ____
D) Both of these answers are correct: Identify a company as an interested and active stakeholder; and can help mold public opinion on a particular policy issue.
247) Which pattern of consumption is recommended to reduce humanity's global footprint? 247) ____
D) Choosing less harmful products.
99) The purpose of the World Trade Organization is to: 99) ____
D) Eliminate barriers to free trade among nations.
198) An example of a regulatory agency charged with enforcing social regulation is: 198) ____
D) Federal Trade Commission.
188) Patterns of government taxing and spending that are intended to stimulate or support the economy are: 188) ____
D) Fiscal policies.
224) One of the oldest financial-incentive strategy tools is: 224) ____
D) Political action committee contributions.
133) Scholars found that spirituality affects employee and organizational performance in what way? 133) ____
D) Positively.
196) Economic regulations are illustrated by which action? 196) ____
D) Preventing anticompetitive business practices.
254) The beverage industry's partnership Refrigerants Naturally! is attempting to: 254) ____
D) Reduce the use of ozone-depleting chemicals.
171) Which company ethics safeguard is commonly implemented as an employee "helpline"? 171) ____
D) Reporting mechanisms.
142) At the core of rights reasoning is the belief that: 142) ____
D) Respecting others is the essence of human rights.
92) The three strategies of globalization can be summarized using what three words? 92) ____
D) Sell, make, and buy.
164) A giant step is taken toward improving ethical performance throughout the company when: 164) ____
D) Senior-level managers signal to employees that they believe ethics is a high priority.
37) The role of special interest groups is an important element in acquiring intelligence from which environment? 37) ____
D) Social
38) The relevance and importance of stakeholders and their issues is known as: 38) ____
D) Stakeholder materiality.
166) Ethics policies typically cover all of the following issues except: 166) ____
A) Encouraging discriminatory personnel practices.
141) The main drawback to utilitarian reasoning is that: 141) ____
A) It is difficulty to accurately measure both costs and benefits.
206) An example of a global regulation that mitigates the impact of jet fuel on the environment is: 206) ____
C) The Aviation Plan.
261) An example of industrial ecology in practice is: 261) ____
C) Using wastes from one process as raw materials for another process.
25) Stakeholders have been able to form international coalitions more successfully through use of: 25) ____
A) Communications technology.
217) A company that builds stakeholder coalitions to influence government is using which strategy? 217) ____
A) Constituency-building.
175) Which of these statements is true about the U.K. Bribery Act? 175) ____
A) Contains a strict liability offense for failure to prevent bribery by commercial organizations.
204) Which of the following represents a structural remedy for an antitrust violation? 204) ____
A) Breaking up a monopoly.
248) A shared resource, such as land, air, or water, that a group of people uses collectively is a(n): 248) ____
A) Commons.
255) With respect to fresh water, according to one estimate, if it were possible to eliminate pollution, capture all available fresh water, and distribute fresh water equitably: 255) ____
A) Demand would exceed supply within a hundred years.
107) Single-party rule by communist parties still remains in: 107) ____
C) Vietnam
118) How did Intel eliminate conflict minerals from their supply chain? 118) ____
A) By collaborating with most suppliers in the chain including smelters, processors, and traders.
127) Cross-cultural contradictions arise due to: 127) ____
A) Differences between home and host countries' ethical standards.
150) The unspoken understanding among employees of what is and is not acceptable behavior is called: 150) ____
A) Ethical climate.
88) The most significant motivator of corporate social reporting is: 88) ____
A) Ethical concerns.
48) Over time, the nature of business's relationship with its stakeholders often: 48) ____
A) Evolves through a series of stages.
4) Which of the following statements is not true about the interactive social system? 4) _____
B) The boundary between business and society is clear and distinct.
143) Which of the following is not true about justice reasoning? 143) ____
B) The reasoner is interested in the net value of benefits.
237) In 2016, the Global Electoral Organization (GEO) discussed which critical election administration issues? 237) ____
B) The use of technology to increase accountability.
182) Cooperation between business and government often occurs when: 182) ____
B) They encounter a common problem or enemy.
227) Economic leverage occurs when a business uses its economic power to: 227) ____
B) Threaten to leave a location unless a desired political action is taken.
226) Dark money refers to: 226) ____
B) Undisclosed contributions to tax-exempt organizations.
140) When the benefits of an action outweigh its costs, the action is considered ethically preferred according to: 140) ____
B) Utilitarian reasoning.
17) The five types of stakeholders' power recognized by most experts are: 17) ____
B) Voting, economic, political, legal, and informational power.
20) Which of the following is not an example of stakeholders' economic power? 20) ____
C) A social group protests a government's decision to raise taxes.
46) A leadership role in addressing emerging management issues is often taken by: 46) ____
D) All of these answers are correct.
65) When a company puts its commitment to social and environmental responsibility into practice worldwide, not only locally or regionally, it is called: 65) ____
D) Global Corporate Citizenship.
54) The drivers of stakeholder engagement are: 54) ____
D) Goals, motivation, and operational capacity.
24) With the explosive growth of technologies that facilitate the sharing of information, this kind of stakeholder power has become increasingly important: 24) ____
D) Informational power.
5) A firm subscribing to the shareholder theory of the firm would mainly be concerned with providing value for its: 5) _____
D) Investors
21) When a community group sues a company for health effects caused by the unsafe disposal of toxic chemicals, this is an exercise of a stakeholder's: 21) ____
D) Legal power.
97) The primary goal of a "vulture fund" is to: 97) ____
D) Make a profit.
176) Which country passed major anti-corruption reforms in 2016? 176) ____
D) Mexico.
139) Aristotle argued: 139) ____
D) Moral virtue is a mean between two virtues.
68) Stakeholder partnerships, high-tech communication networks, and sustainability audits are examples of: 68) ____
A) Corporate/Global Citizenship.
216) Which of the following is not a constituency-building strategy tool? 216) ____
A) Expert witness testimony.
152) If a manager approaches ethics with benevolence in mind, he or she would stress what? 152) ____
A) Friendly relations with an employee.
253) Participants in the Montreal Protocol agreed that by 2030 they would phase out: 253) ____
A) HCFCs.
125) Under the Sarbanes-Oxley Act, corporations are required to: 125) ____
A) Have executives vouch for the accuracy of a firm's financial reports.
138) Business managers need a set of ethical guidelines to help them: 138) ____
A) Identify and analyze the nature of ethical problem.
259) Which of these activities is not considered to be a marine ecosystem threat? 259) ____
A) Ocean alkalinity
90) A firm that has global operations has: 90) ____
A) Some or all of their manufacturing or service operations abroad.
117) An example of a Global Action Network, or GAN, is: 117) ____
A) The Kimberley Process.
83) Organizations founded with a core mission to create and sustain social value are called social: 83) ____
A) Ventures.
45) Contemporary issue management: 45) ____
C) Is an interactive, forward-thinking process.
131) According to a 2017 survey, Americans hold a dim view of: 131) ____
B) Business executives.
263) An organization that produces net zero emissions of greenhouse gases is achieving: 263) ____
B) Carbon neutrality.
30) Failure to understand the beliefs and expectations of stakeholders: 30) ____
B) Causes the performance-expectations gap to grow larger.
79) Some companies have created a department of corporate citizenship to: 79) ____
B) Centralize under common leadership wide-ranging corporate citizenship functions.
134) As an additional employee benefit to promote spirituality, companies have begun to provide employees with the services of: 134) ____
B) Chaplains.
260) Life-cycle analysis involves: 260) ____
B) Collecting information regarding the lifelong environmental impact of a product, from extraction to disposal.
163) Integrity-based ethics programs: 163) ____
B) Combine concern for the law with an emphasis on employee responsibility.
74) The costs of corporate social responsibility may ultimately be passed on to the: 74) ____
B) Consumer through high prices.
59) The capability of corporations to influence government, the economy, and society, based on their organizational resources is called: 59) ____
B) Corporate citizenship.
225) Which of these statements accurately describes a Super PAC? 225) ____
B) Does not allow direct contributions to candidates or political parties.
153) Which ethical criterion is described by the idea that a company should strive for efficiency? 153) ____
B) Egoism.
115) Experts attribute the growth of nongovernmental organizations to: 115) ____
B) Greater openness in many societies.
42) An issue's public profile indicates to managers: 42) ____
B) How significant an issue is for the organization, but it does not tell them what to do.
228) Advocacy ads are also called: 228) ____
B) Issue advertisements.
194) Government regulations help balance negative externalities such as: 194) ____
B) No smoking rules enforced to mitigate the effects of second-hand smoke.
215) A common tactic in a financial-incentive political strategy is: 215) ____
B) Political contributions.
27) Stakeholders stand out to managers when they exhibit: 27) ____
B) Power, legitimacy, and urgency.
101) The theory of comparative advantage states that: 101) ____
B) Productivity rises more quickly when countries produce goods and services for which they have a natural talent.
235) To help control political favoritism, there have been global efforts to: 235) ____
B) Promote fairness in the electoral process.
207) In the case Should Facebook be Regulated, the primary market failure was: 207) ____
B) Sales incentives to sell user data exceeded those of protecting user privacy.
212) Firms in the chemical industry, which must contend with frequently changing environmental regulations and the risk of dangerous accidents, usually have: 212) ____
C) A sophisticated political strategy.
173) A company that has ranked amongst the most ethical firms from 2007 to 2017, according to Forbes magazine, is: 173) ____
C) AFLAC
89) In the case Corporate Social Responsibility at Gravity Payments, which view in support of corporate social responsibility is relevant according to Figure 3.3? 89) ____
C) Balances corporate power with responsibility.
76) Proponents against corporate social responsibility feel that public officials, not business people, should solve societal problems because: 76) ____
C) Both of these answers are correct.
183) 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: 183) ____
C) Economic sanctions.
148) In the case LafargeHolcim and ISIS in Syria, a utilitarian benefit of keeping the plant open was: 148) ____
C) Employees received paychecks.
169) Which type of employee is most likely to report ethical issues in the workplace? 169) ____
C) Executives.
233) In a survey of 105 companies in 2017, the most frequent public affairs tactic was related to: 233) ____
C) Federal government relations.
174) Which U.S. Act prohibits executives representing U.S.-based companies from paying bribes to foreign government officials, political parties, or political candidates? 174) ____
C) The U.S. Foreign Corrupt Practices Act.
195) Regulation can be argued as justified based on: 195) ____
C) Utilitarian and justice grounds.
156) A member of the Chartered Financial Analyst Institute (CFA) must: 156) ____
D) All of these answers are correct.
168) The most effective ethics programs utilize which of the following? 168) ____
D) All of these answers are correct.
18) Which of the following statements is (are) correct about stakeholders' power? 18) ____
D) All of these answers are correct.
239) Both large and small businesses have adopted sustainable practices to what advantage? 239) ____
D) All of these answers are correct.
249) Global warming can be described by which of the following? 249) ____
D) All of these answers are correct.
257) Reasons for the destruction of rain forests include: 257) ____
D) All of these answers are correct.
98) The primary purpose of the International Monetary Fund is to: 98) ____
D) Lend foreign currency to member countries.