Test Bank for Business Ethics: Case
Studies and Selected Readings, 10th
Edition by Jennings
Crane and Matten define the subject of business ethics as, "The study of business
situations, activities, and decisions where..." - -ANSWER--...issues of right and wrong
are addressed
The law can be said to be a definition of the minimum acceptable standards of
behaviour, with many morally contestable issues not covered by the law. What does this
imply for business ethics? - -ANSWER--In a sense, business ethics can be said to begin
where the law ends
Why is business ethics important? Select all that apply - -ANSWER--Business has
greater power and influence in society than ever before, business has the potential to
provide a major contribution to our societies, business malpractices have the potential
to inflict enormous harm on individuals, communities and the environment, business
continues to violate ethics across countries and sectors (all of the above)
Ethics rationalizes morality to produce ethical blank that can be applied to any situation
- -ANSWER--theory
A sex shop might call itself ethical because it... - -ANSWER--sells sex toys made with
environmentally friendly materials, uses fair trade materials in its toys and aides,
provides philanthropic support for related causes, promotes a label to certify that sex
industry workers have not been exploited in the making of labeled products (all of the
above)
Match the different types of organization with their different approaches to managing
ethics - -ANSWER--Large corporation = formal, public-relations, and/or systems-based.
, Small business = informal, trust-based. Civil society organizations = informal, values-
based. Public sector organization = formal, bureaucratic
According to Crane and Matten, globalization as defined in terms of the
deterritorialization of economic activities is particularly relevant for business ethics, and
this is evident in three areas: culture, law, and blank - -ANSWER--accountability
There are clear regional differences in business ethics. Read the following statements
and decide which of the following is correct - -ANSWER--Key issues in business ethics
in Asia are corporate governance and accountability. In North America they are
misconduct and immortality in single decision situations. In Europe, key issues in
business ethics are social issues in organizing the framework of business
What is Crane and Matten's definition of sustainability - -ANSWER--sustainability refers
to the long-term maintenance of systems according to the environmental economic and
social considerations
One attempt to address social elements is the UN's Millennium Development Goals
(MDGs), which is a set of 8 goals to be achieved by 2015. Which of the following is not
an MDG? - -ANSWER--Reduce domestic violence
In his influential 1970 article, Milton Friedman protested against the notion of corporate
responsibility for corporations. Which of the following is not one of the 3 main premises
of his argument? - -ANSWER--Corporate responsibilities limit a corporation's freedom to
choose how to pursue its main task of increasing profits
Crane and Matten contend that a corporation can be morally responsible for its actions,
because it has agency independent of its members. The main arguments in support of
this point center on a corporation's internal decision structure and corporate blank - -
ANSWER--culture
It is now generally accepted that business responsibility does extend beyond simply
making a profit. Which of the following do Crane and Matten list as business reasons for
CSR? Select all that apply - -ANSWER--socially responsible firms may find it easier to
attract employees who may be more committed, corporations seen as responsible may
attract more and/or more loyal customers, by engaging in voluntary CSR, corporations
may avoid government legislation
Carroll developed a four-part model of CSR to address the nature of business's social
responsibilities. According to Carroll's model which of the follow responsibilities does
society expect businesses to meet? - -ANSWER--Ethical responsibilities
Carroll has delineated four strategies of social responsiveness, match the strategy
name with its description - -ANSWER--Reaction = the corporation denies any
responsibility and does what is demanded of it by relevant groups. Defence = the
corporation admits responsibility, but fights it, doing the very least that seems to be
Studies and Selected Readings, 10th
Edition by Jennings
Crane and Matten define the subject of business ethics as, "The study of business
situations, activities, and decisions where..." - -ANSWER--...issues of right and wrong
are addressed
The law can be said to be a definition of the minimum acceptable standards of
behaviour, with many morally contestable issues not covered by the law. What does this
imply for business ethics? - -ANSWER--In a sense, business ethics can be said to begin
where the law ends
Why is business ethics important? Select all that apply - -ANSWER--Business has
greater power and influence in society than ever before, business has the potential to
provide a major contribution to our societies, business malpractices have the potential
to inflict enormous harm on individuals, communities and the environment, business
continues to violate ethics across countries and sectors (all of the above)
Ethics rationalizes morality to produce ethical blank that can be applied to any situation
- -ANSWER--theory
A sex shop might call itself ethical because it... - -ANSWER--sells sex toys made with
environmentally friendly materials, uses fair trade materials in its toys and aides,
provides philanthropic support for related causes, promotes a label to certify that sex
industry workers have not been exploited in the making of labeled products (all of the
above)
Match the different types of organization with their different approaches to managing
ethics - -ANSWER--Large corporation = formal, public-relations, and/or systems-based.
, Small business = informal, trust-based. Civil society organizations = informal, values-
based. Public sector organization = formal, bureaucratic
According to Crane and Matten, globalization as defined in terms of the
deterritorialization of economic activities is particularly relevant for business ethics, and
this is evident in three areas: culture, law, and blank - -ANSWER--accountability
There are clear regional differences in business ethics. Read the following statements
and decide which of the following is correct - -ANSWER--Key issues in business ethics
in Asia are corporate governance and accountability. In North America they are
misconduct and immortality in single decision situations. In Europe, key issues in
business ethics are social issues in organizing the framework of business
What is Crane and Matten's definition of sustainability - -ANSWER--sustainability refers
to the long-term maintenance of systems according to the environmental economic and
social considerations
One attempt to address social elements is the UN's Millennium Development Goals
(MDGs), which is a set of 8 goals to be achieved by 2015. Which of the following is not
an MDG? - -ANSWER--Reduce domestic violence
In his influential 1970 article, Milton Friedman protested against the notion of corporate
responsibility for corporations. Which of the following is not one of the 3 main premises
of his argument? - -ANSWER--Corporate responsibilities limit a corporation's freedom to
choose how to pursue its main task of increasing profits
Crane and Matten contend that a corporation can be morally responsible for its actions,
because it has agency independent of its members. The main arguments in support of
this point center on a corporation's internal decision structure and corporate blank - -
ANSWER--culture
It is now generally accepted that business responsibility does extend beyond simply
making a profit. Which of the following do Crane and Matten list as business reasons for
CSR? Select all that apply - -ANSWER--socially responsible firms may find it easier to
attract employees who may be more committed, corporations seen as responsible may
attract more and/or more loyal customers, by engaging in voluntary CSR, corporations
may avoid government legislation
Carroll developed a four-part model of CSR to address the nature of business's social
responsibilities. According to Carroll's model which of the follow responsibilities does
society expect businesses to meet? - -ANSWER--Ethical responsibilities
Carroll has delineated four strategies of social responsiveness, match the strategy
name with its description - -ANSWER--Reaction = the corporation denies any
responsibility and does what is demanded of it by relevant groups. Defence = the
corporation admits responsibility, but fights it, doing the very least that seems to be
