English 100 midterm
The securities and exchange commission outlaws
Any manipulative or deceptive device used to trade stocks
The identification of human gene is critical to
1. Early diagnosis of life-threatening disease.2.New ways to prevent illnesses 3. Development of drug therapies
genetically modified foods
1. Have increased crop yields, to help feed people. 2. Create uncertainties as to their long range effects in the natural environments in which they are grown. 3. Have been generally approved for safe consumption by the FDA
Social investors seek to eliminate from their investment portfolios companies that
1. Pollute the environment 2.Discriminate against employees 3. Make dangerous products like tobacco or weapons
government regulation sometimes
1. Prevent business from losing competitive position by imposing requirements equally on an entire industry 2. Places disproportionate burdens on small business 3. Diverts firm resource to compliance activities
Stockholder can sue a corporate officer
1. To enforce the payment of declared dividends, in a direct stockholder suit. 2 To enforce the right to review the corporate books, in a direct stockholder. 3. To enforce breach of the duty of care, when the board refuses to do so, in a stockholder derivative suit
Which of the following are not institutional investors
1. Union health and welfare funds 2. State employees pension funds 3 Mutual funds
sustainable development
Balance economic and environmental considerations
Corporate Social Responsibility means that a corporation should
Be held accountable for any of its actions that affect people, their communities, and their environment.
The privacy of digital customer information
Can never be assured, as security measures can usually be overcome by motivated skilled hacklers
Principles of the code of professional conduct of the American Institute of certified public accountants except
Due Process( 应该是Due care)
WTO aims to
Eliminate barriers to free among nations
The primary purpose of the International Monetary Fund is to
Exchange one currency for another
The iron law of responsibility says that
In the long run, those who do not use power responsibly will lose it.
This term describes sensors and actuators that are embedded in physical objects-from roadways to pacemakers and are linked through wired and wireless networks
Internet of things
Technological innovation has aided the spread of globalization by
Leveling the playing field and allowing all to participate on an equal footing in global commerce
Agency problem
Managers act in their own interest, rather than in the interest of shareholders
When undertaking social initiatives, a company
May sacrifice short-term profits
M-commerce is facilitated primarily by
Mobile or cell phones
The application of engineering to create materials on a molecular or atomic scale is
Nanotechnology
business executives find that a trusting, ethical relationship with a business partner is
Often essential in conducting business
A thin layer of gas that protects the earth from excessive ultraviolet radiation from the sun is
Ozone
A new imperative for government, business and society is to
Preserve the global commons and assure its continued use
The idea that companies have a continuing responsibility for the environmental impact of their products or services, even after they are sold is called
Product life responsibility
The theory of comparative advantage states that
Productivity rises more quickly when countries produce goods and services for which they have a natural talent
The Sarbanes Oxley Act
Prohibits an auditing firm from providing the same client
A firm that would like to develop a global supply chain would
Purchase raw materials, components, or supplies from sellers in other countries
The most successful global business in coming years will be those companies that
Recognize the imperative for sustainable development as an opportunity both for competitive advantage and ethical action.
The paramount duty of the board of directors of a public corporation is to
Select and oversee competent and ethical management to run the company
The most important 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
life-cycle analysis involves
Collecting information regarding the lifelong environmental impact of a product, from extraction to disposal
A purchasing agent directing her company's orders to a firm from which she received a valuable gift, is an example of
Conflicts of interest
The costs of corporate social responsibility may ultimately the passed on to all of the following stakeholders except
Taxpayers, through higher taxes to support more social welfare programs.
The acceleration of globalization has been driven by
Technological innovation
The self reinforcing feature of technology means that
Technology acts as a multiplier to encourage is own faster development
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
a number of European countries require companies to include employee members on their boards of directors, so
That their interests will be explicitly represented
The critical component in installing an effective ethics program is
The integration of various ethics safeguards into a comprehensive program
Enlightened self-interest
The notion that providing value to stakeholders is in a business's long run self-interest
A just or fair ethical decision occurs when
The rights of all affected are considered
enlightened
开明的
gross
总的
Retaliate
报复
monetary policy
货币政策
which if the following is not a legal right of stockholders?
To vote on who will become CEO
Regulation is often justified based on
Utilitarian and justice grounds
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.
A hijacked computer that can be remote- controlled by the attacker to respond to the attacker's command is called
Zombie
Labor standards are
the minimum requirements prescribed by existing laws governing labor
The core components upon which a company's ethical performance depends include
All
Since the mid 1950s the proportion of American workers represented by unions has
Decreased
Over time the role of the Chief information officer( CIO )
Has changed dramatically, becoming more integrated into the overall strategic direction of the firm
Modern corporations should be socially responsible because they
Have great power and influence in society
The loan policies of the world bank
Impose strict restrictions on debtor countries which can sometimes lead to hardship