BUSI 300 CH. 1,2,3 TEST QUESTIONS ANSWERED CORRECTLY LATEST UPDATE 2026
Enlightened firms are realizing that empowerment puts too much stress on employees and are
eliminating empowerment programs. - Answers False
An organization's first responsibility is to provide a job to employees. - Answers True
The most basic responsibility of all businesses is its economic responsibility. - Answers True
Corporate philanthropy: - Answers can be either a cash or a noncash donation
Which of the following statements about ethics training is true? - Answers Ethics training is formal
training to develop awareness of inappropriate behavior and to practice appropriate responses.
_____ is the practice of charitable giving by corporations; includes contributing cash, donating
equipment and products, and supporting the volunteers' efforts of company employees. - Answers
Corporate philanthropy
Codes of ethics: - Answers Social responsibility
B. Business ethics
C. Consumerism
D. The marketing concept
E. Business morality
Social responsibility is a voluntary obligation. - Answers true
A retailer that allowed its employees to handle a customer complaint without having to ask for
permission or direction from management would have: - Answers empowered its employees to help
customers
_____ is the practice of tying philanthropy closely to the corporate mission or goals and targeting
donations to regions where a company operates. - Answers Strategic giving
Which of the following is an example of an ethical business activity? - Answers The employee
reported to his supervisors that a co-worker had misappropriated company funds.
At the base of the corporate social responsibility pyramid is: - Answers economic responsibilities
If the company wants employees to take ethical training seriously, the training should not include
games. - Answers False
In the chocolate market, Green & Black is acting at the _____ responsibilities level of the pyramid of
corporate social responsibility when it makes a profit, does so by abiding by the laws, and helps cocoa
farmers by agreeing to pay above-market prices for cocoa. - Answers stakeholder
The _____ for the Music Teacher's National Associations establishes a standard of conduct and
recommends a set of responsibilities teachers should have toward students, colleagues and the
public. These guidelines assist the professional music teacher in gaining the respect of peers and
avoiding conflicts and complaints with students and others. It points out to members what are and
what are not considered fair, honest and reasonable practice when dealing with students, colleagues
and the public, it provides guidance for such aspects as advertising practices, appropriate
relationships, and personal and professional integrity. - Answers code of ethics
Organizations can be evaluated on two basic dimensions with regard to social responsibility--legality
and responsibility. - Answers True
A code of ethics: - Answers provides employees with the knowledge of what their firm expects in
terms of their responsibilities and behavior toward fellow employees, customers, and suppliers
All businesses approach ethics the same way. - Answers False
_____ is the set of moral standards for judging whether something is right or wrong. - Answers Ethics
Wal-Mart ran a series of ads in trade journals with the following headline: "We're Looking for Quality
Products That Are Guaranteed Not to Last." What Wal-Mart was in fact doing was asking its suppliers
to develop more environmentally friendly products and to use material that could be recycled. This
concern about the environment is one way that Wal-Mart practices: - Answers social responsibility
Many weight-loss programs advertise that they can help individuals lose a great deal of weight
without any changes in the individual's lifestyle. Typically when the person who has lost the weight
leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body
as the excess weight. These weight-loss programs are engaged in _____ behavior. - Answers legal but
irresponsible
Utilitarianism: - Answers is difficult to implement because it is hard to tell how one decision will
impact a large number of people
Which of the following is an example of a trend in ethics and social responsibility? - Answers limits
placed on employee empowerment
Enlightened firms are realizing that empowerment puts too much stress on employees and are
eliminating empowerment programs. - Answers False
An organization's first responsibility is to provide a job to employees. - Answers True
The most basic responsibility of all businesses is its economic responsibility. - Answers True
Corporate philanthropy: - Answers can be either a cash or a noncash donation
Which of the following statements about ethics training is true? - Answers Ethics training is formal
training to develop awareness of inappropriate behavior and to practice appropriate responses.
_____ is the practice of charitable giving by corporations; includes contributing cash, donating
equipment and products, and supporting the volunteers' efforts of company employees. - Answers
Corporate philanthropy
Codes of ethics: - Answers Social responsibility
B. Business ethics
C. Consumerism
D. The marketing concept
E. Business morality
Social responsibility is a voluntary obligation. - Answers true
A retailer that allowed its employees to handle a customer complaint without having to ask for
permission or direction from management would have: - Answers empowered its employees to help
customers
_____ is the practice of tying philanthropy closely to the corporate mission or goals and targeting
donations to regions where a company operates. - Answers Strategic giving
Which of the following is an example of an ethical business activity? - Answers The employee
reported to his supervisors that a co-worker had misappropriated company funds.
At the base of the corporate social responsibility pyramid is: - Answers economic responsibilities
If the company wants employees to take ethical training seriously, the training should not include
games. - Answers False
In the chocolate market, Green & Black is acting at the _____ responsibilities level of the pyramid of
corporate social responsibility when it makes a profit, does so by abiding by the laws, and helps cocoa
farmers by agreeing to pay above-market prices for cocoa. - Answers stakeholder
The _____ for the Music Teacher's National Associations establishes a standard of conduct and
recommends a set of responsibilities teachers should have toward students, colleagues and the
public. These guidelines assist the professional music teacher in gaining the respect of peers and
avoiding conflicts and complaints with students and others. It points out to members what are and
what are not considered fair, honest and reasonable practice when dealing with students, colleagues
and the public, it provides guidance for such aspects as advertising practices, appropriate
relationships, and personal and professional integrity. - Answers code of ethics
Organizations can be evaluated on two basic dimensions with regard to social responsibility--legality
and responsibility. - Answers True
A code of ethics: - Answers provides employees with the knowledge of what their firm expects in
terms of their responsibilities and behavior toward fellow employees, customers, and suppliers
All businesses approach ethics the same way. - Answers False
_____ is the set of moral standards for judging whether something is right or wrong. - Answers Ethics
Wal-Mart ran a series of ads in trade journals with the following headline: "We're Looking for Quality
Products That Are Guaranteed Not to Last." What Wal-Mart was in fact doing was asking its suppliers
to develop more environmentally friendly products and to use material that could be recycled. This
concern about the environment is one way that Wal-Mart practices: - Answers social responsibility
Many weight-loss programs advertise that they can help individuals lose a great deal of weight
without any changes in the individual's lifestyle. Typically when the person who has lost the weight
leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body
as the excess weight. These weight-loss programs are engaged in _____ behavior. - Answers legal but
irresponsible
Utilitarianism: - Answers is difficult to implement because it is hard to tell how one decision will
impact a large number of people
Which of the following is an example of a trend in ethics and social responsibility? - Answers limits
placed on employee empowerment
