BA 310 Exam 1

In which era did the environment and drug use among employees begin to become dilemmas for employers?

1960s

The decade of the ___ was a time when companies began to cover up their wrong doings rather than deal with the issues head-on. This decade also saw distrust in government due to the Watergate scandal.

1970s

Which of the following is most likely a business strategy of a company that sells to Bottom of the Pyramid customers?

?

Which of the following would not be considered an ethics violation in the work place?

?

A Scottish philosopher provided many of the teachings that underlie capitalist systems.

Adam Smith

An ___ manager is a manager who would be considered ethically neutral and who does not focus proactively on ethical issues

Amoral

Which of the following is used when an observer wants to understand the cause of events that generated the ethical issue?

Analytical

First created in the late 1880s in response to increasing corporate complexity and growth, the concept of ___ refers to laws protecting individual shareholders from financial liability if businesses sued or failed.

Antitrust law

A ___ is a new type of corporation that addresses issues related to financial, social, and environmental objectives

Benefit Corporation

Who was the CEO of Mississippi based WorldCom that was convicted of massive accounting fraud, which resulted in losses in the billions for investors?

Bernie Ebbers

The ___ in 1773 was a major colonial incident resulting from the East India Company's monopolistic business practices

Boston Tea Party

Which economic system's focus on liberty has increased national wealth more than any other economic system?

Capitalism

Traditional stakeholders for a firm include all of the following except:

Competitors

Which of the following is not one of the three types of ethical examinations?

Constructive

the following are types of capital that social entrepreneurs need to focus on in order to succeed in their vision except

Cultural capital

Which of the following ethical frameworks focuses on the duty or obligation in determining whether the actions are wrong or right?

Deontological

___ Is the presentation of facts related to specific ethical actions of an individual or organization

Descriptive ethics

___ Can be defined as the values which an individual use to interpret whether any particular action or behavior is considered acceptable and appropriate.

Ethics

A B Corporation is distinct from a typical corporation because the B Corporation certification focuses on?

Ethics, susctainability, and social responsibility

The minimum wage, the lowest wage an employer can legally pay an employee, was federally mandated by which of the following pieces of legislation?

Fair labor standards act

The three critical attributes of a successful social entrepreneur are wealth, intelligence, and the ability to speak multiple languages.

False

An ___ manager focuses only on his or her own goals and the goals of the company and considers legal requirements as barriers that are ignored when their corporate actions are implemented.

Immoral manager

Gender and ethnic biases can be common

Implicit prejudices

___ Occurs when the decision maker forms a bias toward individuals in the same group as the decision maker

In-Group favoritism

Which of the following is NOT a law that advances the rights of stakeholders in the United States that affects ethics in the workplace?

Interstate Highway Act

Which of the following is not one of the three teleological frameworks?

Kant's ethics

Jessica Jackley is one of the co-founders of what organization

Kiva

The assumption that actions of the corporation are desirable, proper, or appropriate within the limits of the corporation is called

Legitimacy

___ Is the process in which small loans are given to entrepreneurial individuals in developing countries in order to develop income which will benefit the individual as well as local villages through poverty reduction

Microfinance

Which economists believed that the only responsibility a corporation has is to maximize profits for its owners/investors?

Milton Freedman

Which of the following is NOT a category of income that would be used to describe customers at the bottom/base of the pyramid?

Moderate income

The Sherman Antitrust Act of 1890 outlawed which of the following?

Monopolies

___ Managers not only meet the minimum legal standards, but also are proactive in presenting ethical leadership to the firm's employees and other stakeholders.

Moral

The discovery of ethics began with discussions initiated by all of the follow individuals

Napoleon

The 1935 passage of which law legally obligated employers to negotiate with duty elected unions and codified regulations that govern the process for forming a union?

National labor relations act

___ Is a prescribed course of action that attempts to ensure that ethical behavior will be followed in the future

Normative Ethics

is defined as assigning a function or task that was previously done within a company to an external third party.

Outsourcing

___ is the extent to which the organization can influence or impose its will on the stakeholder group.

Power

Which of the following types of firms recognizes the current and future benefit of interactions with various stakeholders?

Pragmatic

Traditional examples of violations of the ___ include theft, misappropriation of funds, and wasting resources

Property principle

The ___ test is also known as the Golden Rule test

Reciprocity

All of the following are types of tests that an individual can use to evaluate the integrity of his or her actions except:

Reliability

Among reasons Pilgrims settled in Massachusetts were desires for?

Religious freedom, eonomic oppourtunities, and new trade routes ALL OF THE ABOVE

The most significant event in the U.S related to ethics in the 2000s was the passage of:

Sarbanes Oxley act

An example of a ___ is Muhammad Yunus who established the Grameen Bank to set up microloans for poor villagers in Bangladesh

Social Engineer

___ can be defined as organizations that have created business models that cater to basic human needs that are not currently being served.

Social entrepreneurship

All of the following are strategic configurations that relate to corporate philanthropy Except:

Targeted philanthropy

The inductrial Revolution was characterized by which of the follwing?

Technological innovation

All of the following are indicated as root causes of hunger except:

The education gap

The ___ principle states that every employee should conduct business in a truthful and open manner.

Transparency

___ is a concept that is receiving momentum, as a way of satisfying the reporting and disclosure needs of various stakeholder groups, although many companies refer to the concept as an accountability report.

Triple bottom line reporting

All of the following are characteristics of successful social entrepreneurs EXCEPT:

Trying to follow the contraints of ideology or discipline

___ Is based on the principle of utility where each person's actions adds to the overall good of the community impacted by his or her actions

Utilitarianism

Which of the following rights were not included in the Bill of Rights?

Voting rights for all americans

What was the underlying ethics violation in the Penn State scandal?

cover up of sex abuse of minors

All of the following are principles for social business EXCEPT

investors of the organization will only receive a 5% retur on their full investment amount

All of the following are unique characteristics of microfinance loans EXCEPT

only a mazimum of 10% ownership equity is required in exchange for the loan

___ is the "wealth" that is generated to the community and society through the operations of the social entrepreneur's organization

social Capital

Which of the following is NOT one of the different types of social entrepreneurs?

social technologist

The Bill of Rights, the foundation of ethical capitalism, can be found in what document?

the first ten amendments to the U.S. Constitution