UCCS BGSO 4000 Midterm Fall 2019

Dark money refers to

Undisclosed contributions to tax-exempt organizations.

According to the United Nations, a feature of democracy is:

All of the above

An example of an international financial and trade institution is:

All of the above

Good corporate citizens:

All of the above

The components of a typical issues management process include:

All of the above

Antitrust laws protect consumers from:

Anticompetitive practices by business.

Positive reputation can be valued as an intangible corporate:

Asset

An emerging business model that attempts to strategically balance the interests of all stakeholders to solve social and environmental problems is called:

B Corporation

Microfinance refers to:

Banks lending money to low-income businesses.

Departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are:

Boundary-spanning departments

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: 174

Bundling.

Failure to understand the beliefs and expectations of stakeholders:

Causes the performance-expectations gap to grow larger.

Integrity-based ethics programs

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

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

Common laws.

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

Compliance and Integrity.

Legal environmental intelligence includes:

Considerations of patents, copyrights, or trademarks.

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

Constituency-building strategy.

Cross-cultural contradictions arise due to:

Differences between home and host countries' ethical standards.

Which of these statements accurately describes a Super PAC?

Does not allow direct contributions to candidates or political parties.

. 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 management scholar Karl Albrecht, scanning to acquire environmental intelligence should focus on:

Eight strategic radar screens

Which of the following are examples of natural monopolies?

Electric utilities and railroads

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

Ethical climate.

Patterns of government taxing and spending that are intended to stimulate or support the economy are:

Fiscal policies.

This inter-American organization (North and South America) was created to unite organizations focusing on corporate social responsibility from Canada to Chile.

Forum Empresa.

The drivers of stakeholders of engagement are:

Goals, motivation, and operational capacity.

Under the Sarbanes-Oxley Act, corporations are required to:

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

Expert witness testimony is often collected:

In Congressional hearings.

The iron law of responsibility says that:

In the long run, those who do not use power responsibly will lose it.

Public policy tools involve a combination of:

Incentives and penalties.

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

Institutionalizing ethics.

The main drawback to utilitarian reasoning is that:

It is difficulty to accurately measure both costs and benefits.

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.

The primary goal of a "vulture fund" is to:

Make a profit

When undertaking social initiatives, a company:

May sacrifice short-term profits.

Policies that affect the supply, demand, and value of a nation's currency are:

Monetary policies.

The term "race to the bottom" refers to:

Moving production jobs to the country with the lowest labor cost.

Which one of the following is considered to be a nonmarket stakeholder of business?

Nongovernmental organizations

An analysis of the stability or instability of a government is an example of scanning the:

Political environment.

Which company ethics safeguard is commonly implemented as an employee "helpline"?

Reporting mechanisms.

When something stands out from a background, is seen as important, or draws attention it is

Salient

he three strategies of globalization can be summarized using what three words?

Sell, make, and buy.

A firm subscribing to the ownership theory of the firm would mainly be concerned with providing value for its

Shareholders

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.

Corporate power refers to:

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

Stakeholder engagement is:

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

People's ethical beliefs come from:

Their religious background, family, and education.

Economic leverage occurs when a business uses it economic power to

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

When the benefits of an action outweigh its costs, the action is considered ethically preferred according to:

Utilitarian reasoning.

The five types of stakeholders' power recognized by most experts are:

Voting, economic, political, legal, and informational power