BUS100 RQ9, BUS100 RQ1, BUS100 RQ2, BUS100 RQ3, BUS100 RQ4, BUS100 RQ6, BUS100 RQ7, BUS100 RQ8

A society where economic power is concentrated in the hands of government officials and political authorities is called:

A central state control system.

Which of the following examples does not show a company guided by enlightened self-interest?

A company breaking past records by maximizing quarterly profits.

Which of the following is not an instance of "insider trading"?

A marketing executive briefing stock analysts on the company's sales performance.

Deregulation is often:

A politically popular idea.

Which statement is not correct about the business-society interdependence?

Actions by governments rarely affect business

By law, the financial records of publicly held companies are required to be:

Audited by a certified professional accounting firm.

Sustainable development:

Balances economic and environmental considerations.

Microfinance refers to:

Banks lending money to low-income businesses.

Customers can exercise economic stakeholder power by:

Boycotting products if they believe the goods are too expensive.

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

Business leaders speaking before government policymakers.

Life-cycle analysis involves:

Collecting information regarding the lifelong environmental impact of a product, from extraction to disposal.

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.

The board committee that administers and approves salaries and benefits of high-level managers in a company is called the:

Compensation committee.

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

Compliance and Integrity

Cross-cultural contradictions arise due to:

Differences between home and host countries' ethical standards.

The amount of land and water a human population needs to produce the resources it consumes and to absorb its wastes given prevailing technology is called:

Ecological footprint.

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 a survey of community relations managers, what is the most important social issue facing communities today?

Education

The primary reason that governments try to keep pace with technology is to:

Ensure that the public is protected.

Over time, the nature of business's relationship with its stakeholders often:

Evolves through a series of stages.

Which of the following is not a constituency-building strategy tool?

Expert witness testimony.

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.

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

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

Warning consumers about the possible side effects of pharmaceutical drugs is an example of consumer protection against:

Hazardous products.

According to a recent survey of supply chain managers, which of these social and environmental issues was the most important?

Health and safety.

Which of the following arguments supports the concept of high executive compensation?

High salaries provide an incentive for innovation and risk-taking.

When businesses adopt voluntary policies for protecting the privacy of individuals' information disclosed during electronic transactions, this is an example of:

Industry self-regulation.

Contemporary issue management:

Is an interactive, forward thinking process.

Which of the following statements is not true about arable land?

It is a nonrenewable resource.

The main drawback to utilitarian reasoning is that:

It is difficult to accurately measure both costs and benefits.

Which of the following statements is true about the relationship between business and the community?

It is one of mutual interdependence.

Which of the following examples best illustrate an ethics issue based on cross-cultural contradictions?

Legally marketing a pesticide abroad that has been banned in the U.S.

The information strategy tool most used by business is:

Lobbying.

The "agency problem" arises when:

Managers act in their own interest, rather than in the interest of shareholders.

When the market fails to adjust for the full costs of a firm's behavior, this is called

Market failure.

M-Commerce is facilitated primarily by:

Mobile or cell phones.

As communications improve and people around the world are able to witness the horrors of natural disasters, terrorism, and war, international relief efforts by corporations are becoming:

More important.

Proactive companies are:

Much less likely to be blindsided by crises and negative surprises.

In the U.S., the right to free speech:

Must be weighed against the consequences for the community.

A thin layer of gas that protects the earth from excessive ultraviolet radiation from the sun is:

Ozone.

The practice of using fake business emails in order to trick users into divulging personal data, such as usernames and passwords, is called:

Phishing.

Which stage of corporate environmental responsibility focuses on the full life cycle of a product?

Product stewardship stage.

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 mission of the Securities and Exchange Commission (SEC) is to:

Protect shareholders' rights by making sure that stock markets are run fairly.

Which of these factors has accelerated the current ecological crisis?

Rapid industrialization.

The "right to be heard" assures that consumers' interests will:

Receive full and sympathetic consideration.

Most ethics or compliance officers are generally entrusted to:

Reduce the risks to the company of employee misconduct.

Studying the underlying cause of repeated supplier violations is called:

Root cause analysis.

How are directors (members of corporate boards) selected?

Shareholders elect the directors from a list of candidates.

A visual representation of the many links between a lead firm and its suppliers, superimposed on a geographical map is called a:

Supply chain map

Natural capital refers to the world's:

Supply of geology, soil, air, water and all living things.

The issues management process is a

Systematic process companies use when responding to public issues that are of greatest importance to the business.

The most important agreement which codifies human rights is the:

The Universal Declaration of Human Rights.

The term civic engagement describes:

The active involvement of businesses and individuals in improving communities.

Which of the following statements is not true about the interactive social system?

The boundary between business and society is clear and distinct.

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.

Which of the following is (are) core rights of consumers?

The right to safety.

Factor conditions are strategic contributions focusing on:

The supply of trained workers, physical infrastructure, and natural resources.

Cooperation between business and government often occurs when:

They encounter a common problem or enemy

Which of the following statements is not true about shareholders?

They own equal shares of company assets.

Which of these statements accurately describe hacktivists known as grey hatters?

They seek media attention and profits.

Which of the following is not a legal right of shareholders?

To vote on who will become chief executive officer (CEO).

Dark money refers to:

Undisclosed contributions to tax-exempt organizations.

In some cases, businesses have banded together to agree on how they will treat their customers. This is called:

Voluntary industry codes of conduct.