, Chapter
01h
Chapter h 1 h – h The h Relationship h between h Business h and
h Society
True h / h False h Questions
1. A h shift h has h occurred h in h what h society h believes h business h responsibilities
h should hbe; h todaythere h is h a h greater h emphasis h on h the h bottom h line h than
h ever h before. hFALSE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Easy
Learning h Objective: h 01-01 h Describe h the h complexity h of h the h interrelationships
h between h business h and h society.Topic: h 01-01 h The h Business h and h Society
h Relationship
2. Responses h to h social h and h environmental h issues h will h determine h which
h corporations hare h able h to survive h in h today's h competitive h environment.
hh
TRUE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Medium
Learning h Objective: h 01-01 h Describe h the h complexity h of h the h interrelationships
h between h business h and h society.Topic: h 01-01 h The h Business h and h Society
h Relationship
3. Integrity h refers h to h the h appropriateness h of h a h corporation's h behaviour,
h not h to h its hadherence h to moral h principles.
hh
FALSE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Easy
Learning h Objective: h 01-02 h Define h the h terminology h relating h to h the h integrity h of h business h and
h recognize h integrity h issues h with h students. h Topic: h 01-02 h Integrity h in h Business
1-1
,4. Ethics h apply h to h business h in h the h same h manner h as h they h apply h to h religion.
TRUE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Medium
Learning h Objective: h 01-02 h Define h the h terminology h relating h to h the h integrity h of h business h and
h recognize h integrity h issues h with h students. h Topic: h 01-02 h Integrity h in h Business
5. A h responsible h corporation h is h a h business h undertaking h that h responds h to
h social, hethical, h and environmental h responsibilities h in h addition h to h its h economic
hh
h obligations. hTRUE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Easy
Learning h Objective: h 01-02 h Define h the h terminology h relating h to h the h integrity h of h business h and
h recognize h integrity h issues h with h students. h Topic: h 01-02 h Integrity h in h Business
6. The h triple-E h bottom h line h (3E) h is h the h evaluation h of h a h corporation's
h performance haccording h to a h summary h of h the h economic, h social h or h ethical,
hh
h and h environmental hvalue h the h corporation h adds h or h destroys.
TRUE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Easy
Learning h Objective: h 01-02 h Define h the h terminology h relating h to h the h integrity h of h business h and
h recognize h integrity h issues h with h students.Topic: h 01-02 h Integrity h in h Business
7. There h is h little h concern h that h a h lack h of h academic h integrity h will h have
h an h influence hon h business integrity.
hh
FALSE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Medium
Learning h Objective: h 01-02 h Define h the h terminology h relating h to h the h integrity h of h business h and
h recognize h integrity h issues h with h students. h Topic: h 01-03 h Integrity h of h Business h Students
1-2
, 8. Until h recently, h business h schools h had h largely h neglected h ethics h and
h emphasized hfunctional h areas, h some h of h which h have h focused h on h the
h financial h rather h than h the hsocial h responsibilities h ofbusiness.
TRUE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Medium
Learning h Objective: h 01-02 h Define h the h terminology h relating h to h the h integrity h of h business h and
h recognize h integrity h issues h with h students. h Topic: h 01-03 h Integrity h of h Business h Students
9. Most h people h agree h there h is h a h universal h way h to h approach
h ethics h and h as hsuch, h there h iswidespread h agreement h as h to h the
h appropriate h behaviour h by hbusiness h in h society. h FALSE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Easy
Learning h Objective: h 01-03 h Differentiate h between h the h three h main h approaches
h to h ethical h thinking. h Topic: h 01-04 h Main h Approaches h to h Ethical h Thinking
10. Deontological h theories h of h ethics h are h rule-based.
TRUE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Easy
Learning h Objective: h 01-03 h Differentiate h between h the h three h main h approaches
h to h ethical h thinking. h Topic: h 01-04 h Main h Approaches h to h Ethical h Thinking
11. Virtue h ethics h emphasizes h the h situation h that h individuals h find h themselves
h in h and hfocuses h onwhat h they h are h doing.
FALSE
Accessibility: h Keyboard
h NavigationhhDifficulty: h Medium
Learning h Objective: h 01-03 h Differentiate h between h the h three h main
h approaches h to h ethical h thinking. h Topic: h 01-04 h Main h Approaches h to
h Ethical h Thinking
1-3