Ch. 10 Multiple Choice
Which of the following business actions is considered to be unethical?
Misleading labeling
Preserving the environment should be a permanent part of doing business for which of the following reasons?
More lenders are examining the environmental liabilities of businesses seeking loans.
According to Fortune magazine, which of the following was among the most admired companies for social responsibility in 2009?
None of the above
All of the following business actions are considered to be unethical except:
Preventing environmental harm
Business ethics, _______, and sustainability issues are interrelated and impact all areas of the comprehensive strategic-management model.
Social responsibility
_______ are the individuals primarily responsible for ensuring that high ethical principles are espoused and practiced in an organization.
Strategists such as CEOs and business owners
_______ has 18 buildings in California alone powered only by solar energy.
Target
Which state generates the greatest number of megawatts of wind power?
Texas
Venture capital investments in clean technology companies totaled $8.4 billion in 2008, _______ from 2007.
Up 40%
_______ refers to policies that require employees to report any unethical violations they discover or see in the firm.
Whistle-blowing
A code of business ethics is
a document that provides behavioral guidelines that cover daily activities and decisions within an organization.
Bribery involves
bestowing a gift to influence the recipient's conduct.
Responsibility for encouraging ethical decision making and ensuring ethical behavior in a firm lies with
both a firm's strategists and its managers.
If a firm has a bad sustainability record this will
cause investors to closely scrutinize the firm.
A proactive environmental policy is likely to lead to
conservation of energy
More and more firms believe that ethics training and an ethics culture
create strategic advantage.
Bad ethics can _______ strategic plans.
derail even the best
Wal-Mart encourages its employees to adopt "Personal Sustainability Projects" like weightloss or smoking-cessation support groups, illustrating that
employee wellness can be a part of sustainability.
Firms should strive to engage in social activities that
have economic benefits.
The company Better Place
is building a network of 250,000 electric car recharging stations.
Simply having a code of ethics:
is insufficient to guarantee that employees behave in an ethical manner.
According to the text, the first social responsibility of any business is to
make enough profit to cover the costs of the future, because if this is not achieved then no other social responsibility can be met.
Firms can align ethical and strategic decision making by
monitoring departmental and corporate performance regarding ethical issues.
It has become _______, since uniform standards defining environmentally responsible company actions are rapidly being incorporated into our legal landscape.
more and more difficult for firms to make "green" claims when their actions are not substantive or even true
In an effort to manage ecological challenges, many companies are
moving environmental affairs from the staff side of the organization to the line side
Japan's prescription for dealing with problems associated with an aging society includes
reversing the old-fashioned trend of keeping women at home.
Japan is suffering from a decline in overall economical production
since worker productivity increases are not able to offset declines in number of workers.
General Electric plans to achieve $20 billion in sales by 2011 in eco-friendly technologies including all of the following except:
software that provides centralized control over power consumption.
Special natural environment issues include all of the following except:
spreading computer viruses.
The U.S. Justice Department and many other organizations worldwide are _______ bribery
stepping up their initiatives against and their prosecution of
Social policy can best be defined as
the responsibilities a firm has to employees, consumers, environmentalists, minorities, communities, shareholders, and other groups.
More than 2,000 scientists convened together in Copenhagen in March 2009 and reported to the world that global warming is
worse than expected.
When Siemens AG was fined $800 million for routinely offering bribes to win overseas contracts, the fine was _______ times larger than any previous bribery penalty.
20
According to a recent Wall Street Journal article, _______ percent of all firms sampled had no restrictions on boss-subordinate love affairs at work.
5
A company that takes social responsibility/business ethics/sustainability very seriously, Walt Disney plans to cut carbon emissions from fuels by _______ percent by 2012.
50
A recent study reported that _______ percent of corporate recruiters said, "it is important to hire students with an awareness of social and environmental responsibility."
77
A document that discloses to shareholders information about a firm's labor practices, product sourcing, energy efficiency, environmental impact, and business ethics practices is known as
A sustainability report
Ethics training programs should contain which of the following?
All of the above
Managers and employees today must be careful not to ignore, conceal, or disregard a pollution problem or they could
All of the above
Sustainability refers to the extent that an organization's operations and actions _______ the natural environment.
All of the above
Which of the following companies ranks among those against whom some of the largest payouts for class-action legal fraud suits ever were judged?
Aol Time Warner
All of the following were among the most admired companies for social responsibility in 2009 according to Fortune magazine except:
Dillard's
Which of the following is not a way that companies can help create an ethical culture in their organization?
Discouraging whistle-blowing
What challenge facing all organizations requires managers to formulate strategies that preserve and conserve natural resources and control pollution?
Ecological
The percentage of persons age 65 or older exceeds 20 percent in Japan, Italy, and
Germany
It is _______ for a business to provide a sustainability report annually to the public.
Good business
The _______ is a network of the national standards institutes of 147 countries, one member per country.
ISO
_______ is a set of standards in fields such as environmental auditing, performance evaluation, and labeling, that is adopted by thousands of firms worldwide to certify to their constituencies that they are conducting business in an environmentally friendly manner.
ISO 14001
All of the following statements are true except:
ISO has legal authority to enforce their regulations' implementation
Unethical activities that plague online commerce include all of the following except:
Inappropriate gifts