Chapter 01
Ethics and Capitalism
True / False Questions
1. A shift has occurred in what society believes business responsibilities should be; today
there is a greater emphasis on the bottom line than ever before.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Business and Society Relationship
2. Responses to social and environmental issues will determine which corporations are able
to survive in today's competitive environment.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Business and Society Relationship
,3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence
to moral principles.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
,4. Ethics apply to business in the same manner as they apply to religion.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
5. A responsible corporation is a business undertaking that responds to social, ethical, and
environmental responsibilities in addition to its economic obligations.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
6. The triple-E bottom line (3E) is the evaluation of a corporation's performance according
to a summary of the economic, social or ethical, and environmental value the corporation
adds or destroys.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
, 7. There is little concern that a lack of academic integrity will have an influence on business
integrity.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-03 Integrity of Business Students
Ethics and Capitalism
True / False Questions
1. A shift has occurred in what society believes business responsibilities should be; today
there is a greater emphasis on the bottom line than ever before.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Business and Society Relationship
2. Responses to social and environmental issues will determine which corporations are able
to survive in today's competitive environment.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Business and Society Relationship
,3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence
to moral principles.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
,4. Ethics apply to business in the same manner as they apply to religion.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
5. A responsible corporation is a business undertaking that responds to social, ethical, and
environmental responsibilities in addition to its economic obligations.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
6. The triple-E bottom line (3E) is the evaluation of a corporation's performance according
to a summary of the economic, social or ethical, and environmental value the corporation
adds or destroys.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
, 7. There is little concern that a lack of academic integrity will have an influence on business
integrity.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-03 Integrity of Business Students
