Module 2

Today, many businesses use social audits to

Measure the social equity produced by their actions. Minimize risks. Capitalize on opportunities.

Which type of organization's political action committee gave the greatest amount by total contribution in 2011-2012?

A business.

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

Aggressive organizational involvement.

The primary way of accomplishing public policy is through:

Regulation

To influence government policymakers' actions, an information strategy involves:

A. Business leaders speaking before government policymakers.

Public backlash in the Treyvon Martin case in which a black teenager was shot to death and his assailant defended his actions by claiming protection under Florida's "stand your ground" law prompted:

Businesses to distance themselves from the American Legislative Exchange Council (ALEC).

A corporate political strategy does not:

Determine the legal limits allowed for campaign financing.

Advocacy ads are also called:

Issue advertisements.

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:

Legal challenges.

A common tactic in a financial-incentive political strategy is:

Political contributions.

The critical component in installing an effective ethics program is:

The integration of various ethics safeguards into a comprehensive program.

Financial, social and environmental results are reported together in a firm's:

Triple bottom line report.

Deregulation is often:

A politically popular idea

According to the textbook, under the existing U.S. campaign contribution law, individuals:

Can give more to PACs, and PACs can give more to each candidate depending on their number of contributors.

Recipients of the corporate ethics awards show that:

Firms can be financially successful and ethically focused.

According to Philip H. Mirvis' and Bradley K. Googins' model, how many stage are there of global corporate citizenship?

Five

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

governments hold the power to:

Grant or refuse permission for many types of business activity

The information strategy tool most used by business is:

Lobbying.

Public policy is a basic set of goals, plans and actions undertaken by:

A government

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.

Government's role is to create and enforce laws that:

Balance the relationship between business and society.

Trade associations are:

Coalitions of companies in the same or related industries.

Past decisions of the courts, the original basis for the U.S. legal system, are called:

Common laws

Lobbyists, under U.S. law, must disclose their:

Earnings and expenses.

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

Egoism.

The five stages of corporate citizenship are:

Elementary Stage Engage Stage Innovative Stage Integrated Stage Transforming Stage

Public policy tools involve a combination of:

Incentives and penalties

By raising and lowering the interest rates at which private banks borrow money form the government, the Federal Reserve Bank:

Influences the size of the nation's money supply. Influences the value of the dollar.

Building ethical safeguards into a company's everyday routines is called:

Institutionalizing ethics

Companies see the need to build more coherent initiatives as they move into the:

Integrated stage

Which of the following organizations have developed standards to judge corporate performance?

International Organisation for Standards

Typically, ethics training is offered to:

Managers.

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

Operating under the compliance-based approach.

Good corporate citizens:

Strive to conduct all business dealings in an ethical manner. Make a concerned effort to balance the needs of all stakeholders. Work to protect the environment.

Cooperation between business and government often occurs when:

They encounter a common problem or enemy.

Economic leverage occurs when a business uses it economic power to:

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

Under the existing U.S. campaign contributions law, individuals can contribute:

Up to $2,500 to any candidate per election.

Businesses promote an information strategy by inviting government leaders to:

Visit local plant facilities Attend company award ceremonies give speeches to employees

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:

Bundling.

public policies and government regulations are shaped by:

Business Special interest groups Government

All of the following are commitments of the Principles of the Code of Professional Conduct of the American Institute of Certified Public Accountants except:

Due Process.

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

Economic sanctions

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:

Transforming stage

Integrity-based ethics programs

Combines concern for the law with an emphasis on employee responsibility.

Ethics policies typically cover all of the following issues except:

Encouraging discriminatory personnel practices.

Asian Forum on Corporate Social Responsibility gives awards for excellence in:

Environmental management. Education. Poverty alleviation.

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

Ethical climate

Global audit social standards concentrate on:

Internally focused economic benefits for the firm. Externally focused social benefits for the environment. Externally focused social benefits for key stakeholders.