BADM 101 CH.3 QUIZZES UPDATED ACTUAL
QUESTIONS AND CORRECT ANSWERS
Question:
1. U.S. businesses claim that unethical business practices are
common outside the U.S.
Answer:
true
Question:
2. Watchdogs (including customers, socially conscious
investors, and environmentalists) monitor how well firms
enforce their ethical and social responsibility policies.
Answer:
true
Question:
3. Business issues such as treating employees fairly and
ethically are part of corporate responsibility.
Answer:
true
Question:
4. Corporate social responsibility covers all those social
issues outside our businesses that affect customers and
the environment, but not internal issues such as
employee considerations and work safety. Internal issues
are covered by business laws.
Answer:
false
Question:
5. Getting even is one of the most powerful incentives for
good people to do bad things.
Answer:
true
, Question:
6. In the discussion of corporate social responsibility,
stakeholders and stockholders refer to the same group.
Answer:
false
Question:
7. Due to the fact that American ethical standards are very
clear-cut, international suppliers do not have difficulty
adhering to them.
Answer:
false
Question:
8. We describe charitable donations by corporations to
nonprofit organizations as
Answer:
corporate philanthropy.
Question:
9. Utilizing the phrase "the ends justify the means" as a
corporate value system can negatively impact company
morale and competitiveness.
Answer:
true
Question:
10. When managers disregard the company's ethical
concerns, the likely result is
Answer:
a general mistrust between workers and management.
Question:
11. Whistleblowers have long been known as people with a
universal moral calling. However, rarely did these
individuals receive rewards for their efforts. In reality, they
would often fall onto hard times. But in 2010, with the
passage of the Dodd-Frank Wall Street Reform and
Consumer Protection Act, a provision permits
whistleblowers to
Answer:
receive up to 30% of the penalty funds that exceed $1 million that the courts
recover from companies proven to be in violation.
QUESTIONS AND CORRECT ANSWERS
Question:
1. U.S. businesses claim that unethical business practices are
common outside the U.S.
Answer:
true
Question:
2. Watchdogs (including customers, socially conscious
investors, and environmentalists) monitor how well firms
enforce their ethical and social responsibility policies.
Answer:
true
Question:
3. Business issues such as treating employees fairly and
ethically are part of corporate responsibility.
Answer:
true
Question:
4. Corporate social responsibility covers all those social
issues outside our businesses that affect customers and
the environment, but not internal issues such as
employee considerations and work safety. Internal issues
are covered by business laws.
Answer:
false
Question:
5. Getting even is one of the most powerful incentives for
good people to do bad things.
Answer:
true
, Question:
6. In the discussion of corporate social responsibility,
stakeholders and stockholders refer to the same group.
Answer:
false
Question:
7. Due to the fact that American ethical standards are very
clear-cut, international suppliers do not have difficulty
adhering to them.
Answer:
false
Question:
8. We describe charitable donations by corporations to
nonprofit organizations as
Answer:
corporate philanthropy.
Question:
9. Utilizing the phrase "the ends justify the means" as a
corporate value system can negatively impact company
morale and competitiveness.
Answer:
true
Question:
10. When managers disregard the company's ethical
concerns, the likely result is
Answer:
a general mistrust between workers and management.
Question:
11. Whistleblowers have long been known as people with a
universal moral calling. However, rarely did these
individuals receive rewards for their efforts. In reality, they
would often fall onto hard times. But in 2010, with the
passage of the Dodd-Frank Wall Street Reform and
Consumer Protection Act, a provision permits
whistleblowers to
Answer:
receive up to 30% of the penalty funds that exceed $1 million that the courts
recover from companies proven to be in violation.
