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
36. Which of the following characterized the Industrial Revolution?
?
All of the following are characteristics of successful social entrepreneurs EXCEPT:
?
All of the following are principles for social business EXCEPT
?
All of the following are unique characteristics of microfinance loans EXCEPT
?
Which of the following is NOT a category of income that would be used to describe customers at the bottom/base of the pyramid?
?
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 rights were not included in the Bill of Rights?
?
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
The discovery of ethics began with discussions initiated by all of the follow individuals
Aristotle, Socrates, Plato
Who was the CEO of Mississippi based WorldCom that was convicted of massive accounting fraud, which resulted in losses in the billions for investors?
Bernard Ebbers
The ___ in 1773 was a major colonial incident resulting from the East India Company's monopolistic business practices
Boston Tea Party
___ Is a prescribed course of action that attempts to ensure that ethical behavior will be followed in the future
Business ethics
___ can be defined as the collective values of a business organization that can be used to evaluate whether the behaviors of the organization's collective members are considered acceptable and appropriate.
Business ethics
Which economic system's focus on liberty has increased national wealth more than any other economic system?
Capitalism
___ is the "wealth" that is generated to the community and society through the operations of the social entrepreneur's organization
Capitalism
___ is based on the belief that all individuals agree to social contracts to be a member within a society?
Contractarianism
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
Which of the following is not one of the three types of ethical examinations?
Descriptive, analytical, normative
Traditional stakeholders for a firm include all of the following
Employees, suppliers, stockholders, customers, government, local communities, and society
Which of the following is NOT one of the different types of social entrepreneurs?
Enterprises that have socialized ownership and control
Which of the following is not one of the three teleological frameworks?
Ethical egoism, utilitarianism, Sidgwick's
___ Can be defined as the values which an individual use to interpret whether any particular action or behavior is considered acceptable and appropriate.
Ethics
Which of the following pieces of legislation federally mandated the minimum wage, the lowest wage an employer can legally pay an employee?
Fair labor standards act
The three critical attributes of a successful social entrepreneur are wealth, intelligence, and the ability to speak multiple languages.
False
the following are types of capital that social entrepreneurs need to focus on in order to succeed in their vision
Financial, social, environmental, aesthetic
___ Occurs when the decision maker forms a bias toward individuals in the same group as the decision maker
Group favoritism
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
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
The Sherman Antitrust Act of 1890 outlawed which of the following?
Monopolistic business practices. (Monopolism)
___ 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 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
All of the following are indicated as root causes of hunger:
Natural environment, war, poverty gap, por infrastructure, over exploitation of the environment
is defined as assigning a function or task that was previously done within a company to an external third party.
Outsourcing
All of the following are strategic configurations that relate to corporate philanthropy
Peripheral, constricted, dispersed, strategic
___ is the extent to which the organization can influence or impose its will on the stakeholder group.
Power
Traditional examples of violations of the ___ include theft, misappropriation of funds, and wasting resources
Property principle
The ___ is based on the scenario of whether the individual is comfortable if his or her actions were publicized in a newspaper or on television
Publicity test
All of the following are types of tests that an individual can use to evaluate the integrity of his or her actions:
Publicity, Trusted friend, Reciprocity, Universality, and Obituary
The ___ test is also known as the Golden Rule test
Reciprocity
Among reasons Pilgrims settled in Massachusetts were desires for?
Religious freedom
The most significant event in the U.S related to ethics in the 2000s was the passage of:
Sarbanes Oxley act
What was the underlying ethics violation in the Penn State scandal?
Sexual abuse and failure to report
An example of a ___ is Muhammad Yunus who established the Grameen Bank to set up microloans for poor villagers in Bangladesh
Social Entrepreneur
A social entrepreneur who focuses on addressing the social needs of local communities is referred to as a
Social bricoleur
A social entrepreneur who focuses on exploiting the market gaps which do not serve certain customers is called a
Social constructionist
A ___ is a new type of corporation that addresses issues related to financial, social, and environmental objectives
Social entrepreneurship
___ can be defined as organizations that have created business models that cater to basic human needs that are not currently being served.
Social entrepreneurship
A B Corporation is distinct from a typical corporation because the B Corporation certification focuses on?
Triple Bottom Line Reporting: People, Profit, Planet
___ 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
___ 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