biz ethics quiz 2
Sustainable development through technology cooperation is best illustrated by:
Microsoft provided the Jane Goodall Institute with animal tracking tools.
Institutional investors are best described by which statement?
The proportion of institutional stock ownership in the US has declined slowly since the 1960's
Past decisions of the courts, the original basis for the U.S. legal system, are called:
common laws
This annual international gathering on January 28 brought together leaders from the U.S. and dozens of European countries to address the global nature of cyberattacks:
data privacy day
Institutional investors are sometimes referred to as:
Wall Street investors.
Which of the following is not a potential source of personal private data?
radio
An example of a hacking job motivated by retaliation is:
A woman hired a hacker to break into Facebook to find out if her boyfriend was cheating on her.
The mission of the Securities and Exchange Commission (SEC) is to:
A. Protect shareholders' rights by making sure that stock markets are run fairly.
.Which of the following is indicative of a firm in the pollution prevention stage of the corporate environmental responsibility model?
Minimizing or eliminating waste before it is created.
One of the oldest financial-incentive strategy tools is:
Political action committee contributions.
Companies that reduce pollution and hazardous waste, reuse or recycle materials, and operate with greater energy efficiency achieve a competitive advantage due to:
cost savings
When the market fails to adjust for the full costs of a firm's behavior, this is called:
market failure
Hiring former government officials for positions in the corporate world is:
normally legal
The idea that every distribution channel must work together to deliver a unified and consistent customer experience.
omnichannel
A thin layer of gas that protects the Earth from excessive ultraviolet radiation from the sun is:
ozone
Investors may receive an economic benefit from the ownership of stock by receiving:
dividends and capital gains
In 2017, median compensation for directors at the largest U.S. corporations was around:
$300,000
As of 2016 what was the average cost of a data breach in the United States?
$7 million
According to an Oxford University study, what percentage of current jobs were expected to be overtaken by robots in the next two decades?
50%
The term circular economy refers to:
A production system that is regenerative by design.
The Mullahs in Iran is an example of the power of government derived from:
A religious authority.
When managers become personally involved in developing public policy, the firm is at what level of business political involvement?
Aggressive organizational involvement.
The Securities and Exchange Commission outlaws:
Any manipulative or deceptive device used to trade stocks.
Government's role is to create and enforce laws that:
Balance the relationship between business and society.
Sustainable development:
Balances economic and environmental considerations.
The audit committee is required by US law to be:
Both composed entirely of outside and headed by the companys CEO
Proponents of business as a political participant argue:
Both of these answers are correct: A pluralistic system invites many participants; and business is a vital stakeholder of government.
An example of codes of environmental conduct that have been developed by and for specific industries include:
Both of these answers are correct: The Equator Principles; and The Forest Stewardship Principles.
MIT researchers determined that 90 percent of shoppers' credit-card transactions could be used to:
Both to uniquely identify an individual's shopping habits and preferences and to identify an individual shopper using only four bits of secondary information.
To influence government policymakers' actions, an information strategy involves:
Business leaders speaking before government policymakers.
The board committee that administers and approves salaries and benefits of high-level managers in a company is called the:
Compensation committee.
Which political action strategy seeks to gain support from other affected organizations to better influence policymakers?
Constituency-building strategy.
Which of the following is true about corporate boards?
Corporate boards average 12 members.
Possible costs of environmental regulation include all of the following except:
Corporate restructuring.
Downloading illegal files, spreading computer viruses, and stealing from online bank accounts is collectively referred to as:
Cybercrime.
Since 2008, the total amount spent on lobbying activity has:
Decreased slightly.
Which of these statements accurately describes a Super PAC?
Does not allow direct contributions to candidates or political parties.
Lobbyists, under U.S. law, must disclose their:
Earnings and expenses.
Being able to continue their activities indefinitely, without altering the carrying capacity of the Earth's ecosystem, is a characteristic of:
Ecologically sustainable organizations.
One of the biggest challenges for autonomous vehicle manufacturers, according to the case The Arrival of Autonomous Cars—Bright Future or Looming Threat? was:
Ensuring the vehicles were safer than driver-controlled automobiles.
Which of the following is not a constituency-building strategy tool?
Expert witness testimony.
In a survey of 105 companies in 2017, the most frequent public affairs tactic was related to:
Federal government relations
The EU law passed in 2018 that required companies to promptly report personal data breaches was called:
General Data Protection Regulation.
The company justified Wynn's high compensation package, in the discussion case Executive Misconduct at Wynn Resorts, by saying that:
He had led the company to total returns of 19 percent per year between 2002 and 2017.
What are the benefits of sequencing the human genome?
Helps early diagnosis of diseases; spurs new ways to prevent illnesses.
An argument that opposes the idea of high executive pay is:
High salaries divert resources that could be used to invest in the business
How did some authoritarian governments justify limiting citizens' access to the Internet?
Improved national security.
Expert witness testimony is often collected:
In Congressional hearings.
Public policy tools involve a combination of
Incentives and penalties
As of 2017 the volume of global spam email messages has declined primarily due to:
Increased anti-spam protections.
The information phase of technology primarily requires?
Intellectual and electronic skills.
Advocacy ads are also called:
Issue advertisements.
A reason for institutions becoming more assertive in promoting the interests of their member investors is:
It is difficult for institutions to sell their holdings.
The "agency problem" arises when:
Managers act in their own interest, rather than in the interest of shareholders.
In the case Political Action by the U.S. Steel Industry, 2015-2018, what is one reason that foreign-made steel prices were so much lower than U.S. steel?
Many foreign governments subsidized their steel industries.
An example of an economic regulatory agency is
National Labor Relations Board.
In 2017 mobile payment usage was largest for which type of purchase?
Physical goods.
A common tactic in a financial-incentive political strategy is:
Political contributions.
Environmental justice is a movement to:
Prevent inequitable exposure to risk, such as from hazardous waste.
To help control political favoritism, there have been global efforts to:
Promote fairness in the electoral process.
The beverage industry's partnership Refrigerants Naturally! is attempting to:
Reduce the use of ozone-depleting chemicals.
According to the case Clean Cooking, the widespread adoption of clean cookstoves would provide which of the following benefits:
Reduced health risks.
Every environmental regulation must be initially evaluated for its costs and benefits in a process called:
Regulatory impact analysis.
Rapid economic development is often accompanied by:
Rising incomes, bringing higher rates of both consumption and waste.
How are directors (members of corporate boards) selected?
Shareholders elect the directors from the list of candidates.
Around the world, government:
Sometimes cooperates and sometimes is in conflict with business.
Which country has made the greatest progress in reducing its solid waste stream?
Sweden
According to McKinsey and Company, which position cannot be easily replaced with robots?
Team managers.
The self-reinforcing feature of technology means that?
Technology acts as a multiplier to encourage is own faster development.
In 2016, the Global Electoral Organization (GEO) discussed which critical election administration issues?
The use of technology to increase accountability.
Cooperation between business and government often occurs when
They encounter a common problem or enemy.
The activism of institutional investors in other countries has been spearheaded by:
US based pension and mutual funds that in recent years acquired large stakes in foreign countries
Both large and small businesses have adopted sustainable practices to what advantage?
all are correct
Cybersecurity experts recommend including which essential elements for an incident-response plan for cyberattacks?
all are correct
Global warming can be described by which of the following?
all are correct
Intellectual property refers to:
all are correct
Some argue that publishing personal DNA sequencing results is unethical because:
all are correct
Reasons for the destruction of rain forests include:
all are correct :(
Reports filed with the SEC provide information on a company's:
all of the above
Social investors seek to eliminate from their investment portfolios companies that:
all of the above
The ability of a digital computer or computer-controlled robot to perform tasks commonly associated with intelligent beings is called:
artificial intelligence
a compulsion to engage in rewarding behaviors, such as checking one's Facebook feed, despite negative consequences.
behavioral addition
One type of digital currency that operates outside the banking system using encrypted technology is:
bitcoin
By promoting the use of clean cookstoves in developing nations, a global alliance hopes to reduce:
black carbon
General Electric "Ecomagination" effort to invest in clean technology is an example of
clean technology
Patterns of government taxing and spending that are intended to stimulate or support the economy are:
fiscal policies
Software piracy is a major problem in which part of the world?
globally
The digital divide describe the gap between those?
individuals who have technology and those who do not
The phase of technology that focuses on building material goods and manual labor is?
industrial
Governments being asked to regulate driving distractions are examples of a public policy:
input
The primary way of accomplishing public policy is through:
regulation
A person's entitlement to protection from invasion of his or her private life by government, business, or other persons.
right to privacy
In the case Should Facebook be Regulated, the primary market failure was
sales incentives to sell user data exceeded those of protecting user privacy.
We are currently in which phase in the development of technology?
semantic
European Union regulators accused Uber of engaging in:
unfair competition
In 2017 about what percentage of people around the world had no access to the Internet?
52%
Firms in the chemical industry, which must contend with frequently changing environmental regulations and the risk of dangerous accidents, usually have:
A sophisticated political strategy.
Economic regulations are illustrated by which action?
Preventing anticompetitive business practices.
Which stage of corporate environmental responsibility focuses on the full life cycle of a product?
Product stewardship stage.
A shared resource, such as land, air, or water, that a group of people uses collectively is a(n):
commons
Air pollution is accurately described by which of the following?
Air pollution occurs when more pollutants are emitted into the atmosphere than can be safely absorbed and diluted by natural processes.
Which of the following is not a function of board committees?
The finance committee works closely with the human resources department to fund employee salaries.
Another name for unsolicited commercial email is ?
all of the above