Question 1

A written code of ethics is a document for reference; it is never actively enforced or practiced in a company.

Accepted Answer

A) True 
 B)False

Question 2

Establishing a code of conduct for vendors in foreign nations:

Accepted Answer

A)   helps American firms to ensure that the pricing of their products is fair across the globe.
B)   requires American firms to deal with a wide range of issues involving human rights, wages, worker safety, and environmental protection.
C)   is more likely to be successful if the company works through the foreign government's legislative body.
D)   is something that no American firm has been able to put into practice so far.E) B) and D)
F) All of the above

Question 3

The Sarbanes­Oxley Act:

Accepted Answer

A)   protects American consumers from fraudulent foreign business practices.
B)   imposes penalties on foreign firms that try to bribe U.S. officials.
C)   requires that financial officers and CEOs personally certify the validity of their financial statements.
D)   prevents workplace discrimination based on age, gender, or race.E) B) and C)
F) A) and C)

Question 4

An ethical dilemma involves clear misconduct at a workplace.

Accepted Answer

A) True 
 B)False

Question 5

Sustainable development and other environmentally sound practices are not only fiscally prudent but customer­friendly.

Accepted Answer

A) True 
 B)False

Question 6

The decisions of individual employees are clearly independent from a company's stance regarding social responsibility.

Accepted Answer

A) True 
 B)False

Question 7

A code of ethics is irrelevant for multinational companies, since the values and priorities are rooted in different cultures.

Accepted Answer

A) True 
 B)False

Question 8

It is possible for someone's actions to be completely legal, yet still be unethical.

Accepted Answer

A) True 
 B)False

Question 9

Promoting high­calorie/low­nutrient foods with inadequate information about the risks is _____.

Accepted Answer

A)   illegal and unethical
B)   legal and ethical
C)   illegal and ethical
D)   legal and unethicalE) A) and B)
F) A) and C)

Question 10

QuestUp Systems, a local information technology firm, gives its old computer equipment to a recycling company. QuestUp is demonstrating _____.

Accepted Answer

A)   planned obsolescence
B)   corporate philanthropy
C)   consumer advocacy
D)   cause­related marketingE) A) and C)
F) A) and B)

Question 11

Self­control and self­discipline exemplify the universal ethical standard of_____.

Accepted Answer

A)   fairness
B)   citizenship
C)   ?caring
D)   ?responsibilityE) A) and D)
F) B) and D)

Question 12

Multinational companies enter into cause­related marketing programs to help new companies to enter global market and are paid for their service.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following serves as a good example of a proactive socially responsible approach toward global marketing?

Accepted Answer

A)   Offering bribes to those international clients who accept large gifts as common business practices
B)   Establishing codes of conduct for vendors, setting clear policies for human rights policies, wages, safety rules, and environmental impact
C)   Partnering with the low­cost providers of goods and services because this strategy serves the interests of stakeholders and stockholders
D)   Engaging in collusion with competitors to increase the net market value of productsE) A) and B)
F) B) and D)

Question 14

In order to build trust, management should respond swiftly and publicly when an ethical violation has occurred.

Accepted Answer

A) True 
 B)False

Question 15

Consumerism, a modern social movement, suggests that consumer rights should be considered a last priority.

Accepted Answer

A) True 
 B)False

Question 16

The goal of sustainable development is to:

Accepted Answer

A)   increase sales for the company and raise money in order to donate a significant amount to nonprofit organizations.
B)   design products to fail in order to shorten the time between purchases, thus spiking the repurchase profits.
C)   report unethical and illegal activities of employees to the relevant authorities or the media.
D)   meet the needs of the current generation without harming the ability of future generations to meet their needs.E) None of the above
F) A) and B)

Question 17

Hthaartb roerw Paaridnetd P eromdpulcotyse Iensc f. oprr osoaclitciivteinlyg icmusptloemmeern tfeeded abna cinkc oennt iivtse n perwog dreacmk stain product. Sales professionals, customer service representatives, and partner retail associates were asked to contribute a minimum of seven customer impressions every week to the company's marketing database. This program promoted:

Accepted Answer

A)   protection for whistleblowers.
B)   the creation of worthy jobs.
C)   philanthropy.
D)   consumerism.E) B) and C)
F) A) and D)

Question 18

Which of the following indicates the conditions under which codes of conduct work best?

Accepted Answer

A)   Encouraging collusion with competitors
B)   Committing to finding solutions that provide maximum financial gain
C)   Providing limited or no enforcements
D)   Monitoring and evaluating how well the firm is meeting its objectivesE) B) and C)
F) A) and C)

Question 19

The double bottom line social audit procedure:

Accepted Answer

A)   measures both sales and profits of a firm.
B)   measures both a firm's financial performance and its efforts to meet social responsibilities.
C)   develops financial rewards for managers whose fundraising contributions to community­based organizations exceed expectations.
D)   indicates a preference for meeting profit goals and de­emphasizes any company social contributions that would cut into profits.E) A) and B)
F) B) and C)

Question 20

_____ refers to the partnerships between businesses and nonprofit organizations, designed to spike sales for the company and raise money for the nonprofit.

Accepted Answer

A)   Planned obsolescence
B)   Green marketing
C)   Sustainable development
D)   Cause­related marketingE) A) and C)
F) B) and D)

Exam 4: Business Ethics Social Responsibility: Doing Well by Doing Good

Establishing a code of conduct for vendors in foreign nations:

Correct Answer
verified

The decisions of individual employees are clearly independent from a company's stance regarding social responsibility.

Correct Answer
verified

The goal of sustainable development is to:

Correct Answer
verified

Which of the following serves as a good example of a proactive socially responsible approach toward global marketing?

Correct Answer
verified

The double bottom line social audit procedure:

Correct Answer
verified

QuestUp Systems, a local information technology firm, gives its old computer equipment to a recycling company. QuestUp is demonstrating _____.

Correct Answer
verified

It is possible for someone's actions to be completely legal, yet still be unethical.

Correct Answer
verified

Correct Answer
verified

Consumerism, a modern social movement, suggests that consumer rights should be considered a last priority.

Correct Answer
verified

Sustainable development and other environmentally sound practices are not only fiscally prudent but customerfriendly.

Correct Answer
verified

The SarbanesOxley Act:

Correct Answer
verified

Multinational companies enter into causerelated marketing programs to help new companies to enter global market and are paid for their service.

Correct Answer
verified

A written code of ethics is a document for reference; it is never actively enforced or practiced in a company.

Correct Answer
verified

In order to build trust, management should respond swiftly and publicly when an ethical violation has occurred.

Correct Answer
verified

Selfcontrol and selfdiscipline exemplify the universal ethical standard of_____.

Correct Answer
verified

Promoting highcalorie/lownutrient foods with inadequate information about the risks is _____.

Correct Answer
verified

An ethical dilemma involves clear misconduct at a workplace.

Correct Answer
verified

A code of ethics is irrelevant for multinational companies, since the values and priorities are rooted in different cultures.

Correct Answer
verified

Which of the following indicates the conditions under which codes of conduct work best?

Correct Answer
verified

_____ refers to the partnerships between businesses and nonprofit organizations, designed to spike sales for the company and raise money for the nonprofit.

Correct Answer
verified

Exam 4: Business Ethics Social Responsibility: Doing Well by Doing Good

Establishing a code of conduct for vendors in foreign nations:

Correct AnswerverifiedShow Answer

The decisions of individual employees are clearly independent from a company's stance regarding social responsibility.

Correct AnswerverifiedShow Answer

The goal of sustainable development is to:

Correct AnswerverifiedShow Answer

Which of the following serves as a good example of a proactive socially responsible approach toward global marketing?

Correct AnswerverifiedShow Answer

The double bottom line social audit procedure:

Correct AnswerverifiedShow Answer

QuestUp Systems, a local information technology firm, gives its old computer equipment to a recycling company. QuestUp is demonstrating _____.

Correct AnswerverifiedShow Answer

It is possible for someone's actions to be completely legal, yet still be unethical.

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Consumerism, a modern social movement, suggests that consumer rights should be considered a last priority.

Correct AnswerverifiedShow Answer

Sustainable development and other environmentally sound practices are not only fiscally prudent but customer­friendly.

Correct AnswerverifiedShow Answer

The Sarbanes­Oxley Act:

Correct AnswerverifiedShow Answer

Multinational companies enter into cause­related marketing programs to help new companies to enter global market and are paid for their service.

Correct AnswerverifiedShow Answer

A written code of ethics is a document for reference; it is never actively enforced or practiced in a company.

Correct AnswerverifiedShow Answer

In order to build trust, management should respond swiftly and publicly when an ethical violation has occurred.

Correct AnswerverifiedShow Answer

Self­control and self­discipline exemplify the universal ethical standard of_____.

Correct AnswerverifiedShow Answer

Promoting high­calorie/low­nutrient foods with inadequate information about the risks is _____.

Correct AnswerverifiedShow Answer

An ethical dilemma involves clear misconduct at a workplace.

Correct AnswerverifiedShow Answer

A code of ethics is irrelevant for multinational companies, since the values and priorities are rooted in different cultures.

Correct AnswerverifiedShow Answer

Which of the following indicates the conditions under which codes of conduct work best?

Correct AnswerverifiedShow Answer

_____ refers to the partnerships between businesses and nonprofit organizations, designed to spike sales for the company and raise money for the nonprofit.

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Sustainable development and other environmentally sound practices are not only fiscally prudent but customerfriendly.

Correct Answer
verified

The SarbanesOxley Act:

Correct Answer
verified

Multinational companies enter into causerelated marketing programs to help new companies to enter global market and are paid for their service.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Selfcontrol and selfdiscipline exemplify the universal ethical standard of_____.

Correct Answer
verified

Promoting highcalorie/lownutrient foods with inadequate information about the risks is _____.

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified