, Chapter 1 – The Relationship between Business and Society
z z z z z z z z
True / False Questions
z z z
1. A shift has occurred in what society believes business responsibilities should be; today the
z z z z z z z z z z z z z
re is a greater emphasis on the bottom line than ever before.
z z z z z z z z z z z
FALSE
Accessibility:zKeyboardzNavigationz Difficult
y:zEasy
LearningzObjective:z01-
01zDescribezthezcomplexityzofzthezinterrelationshipszbetweenzbusinesszandzsociety.z Topic:z01-
01zThezBusinesszandzSocietyzRelationship
2. Responses to social and environmental issues will determine which corporations are able to sur
z z z z z z z z z z z z z
vive in today's competitive environment.
z z z z
TRUE
Accessibility:zKeyboardzNavigationz Difficult
y:zMedium
LearningzObjective:z01-
01zDescribezthezcomplexityzofzthezinterrelationshipszbetweenzbusinesszandzsociety.z Topic:z01-
01zThezBusinesszandzSocietyzRelationship
3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence to mo
z z z z z z z z z z z z z z
ral principles.
z
FALSE
Accessibility:zKeyboardzNavigationz Difficult
y:zEasy
LearningzObjective:z01-
02zDefinezthezterminologyzrelatingztozthezintegrityzofzbusinesszandzrecognizezintegrityzissueszwithzstudents.z Topic:z01-
02zIntegrityzinzBusiness
1-2
,4. Ethics apply to business in the same manner as they apply to religion.
z z z z z z z z z z z z
TRUE
Accessibility:zKeyboardzNavigationz Difficult
y:zMedium
LearningzObjective:z01-
02zDefinezthezterminologyzrelatingztozthezintegrityzofzbusinesszandzrecognizezintegrityzissueszwithzstudents.z Topic:z01-
02zIntegrityzinzBusiness
5. A responsible corporation is a business undertaking that responds to social, ethical, and en
z z z z z z z z z z z z z
vironmental responsibilities in addition to its economic obligations.
z z z z z z z
TRUE
Accessibility:zKeyboardzNavigationz Difficult
y:zEasy
LearningzObjective:z01-
02zDefinezthezterminologyzrelatingztozthezintegrityzofzbusinesszandzrecognizezintegrityzissueszwithzstudents.z Topic:z01-
02zIntegrityzinzBusiness
6. The triple-
z
E bottom line (3E) is the evaluation of a corporation's performance according to a summary of th
z z z z z z z z z z z z z z z z
e economic, social or ethical, and environmental value the corporation adds or destroys.
z z z z z z z z z z z z
TRUE
Accessibility:zKeyboardzNavigationz Difficult
y:zEasy
LearningzObjective:z01-
02zDefinezthezterminologyzrelatingztozthezintegrityzofzbusinesszandzrecognizezintegrityzissueszwithzstudents.z Topic:z01-
02zIntegrityzinzBusiness
7. There is little concern that a lack of academic integrity will have an influence on business inte
z z z z z z z z z z z z z z z z
grity.
FALSE
Accessibility:zKeyboardzNavigationz Difficult
y:zMedium
LearningzObjective:z01-
02zDefinezthezterminologyzrelatingztozthezintegrityzofzbusinesszandzrecognizezintegrityzissueszwithzstudents.z Topic:z01-
03zIntegrityzofzBusinesszStudents
1-3
, 8. Until recently, business schools had largely neglected ethics and emphasized functional are
z z z z z z z z z z z
as, some of which have focused on the financial rather than the social responsibilities of busine
z z z z z z z z z z z z z z z
ss.
TRUE
Accessibility:zKeyboardzNavigationz Difficult
y:zMedium
LearningzObjective:z01-
02zDefinezthezterminologyzrelatingztozthezintegrityzofzbusinesszandzrecognizezintegrityzissueszwithzstudents.z Topic:z01-
03zIntegrityzofzBusinesszStudents
9. Most people agree there is a universal way to approach ethics and as such, there is wid
z z z z z z z z z z z z z z z z
espread agreement as to the appropriate behaviour by business in society. FALSE
z z z z z z z z z z z
Accessibility:zKeyboardzNavigationz Difficult
y:zEasy
LearningzObjective:z01-
03zDifferentiatezbetweenzthezthreezmainzapproachesztozethicalzthinking.z Topic:z01-
04zMainzApproachesztozEthicalzThinking
10. Deontological theories of ethics are rule-based.
z z z z z
TRUE
Accessibility:zKeyboardzNavigationz Difficult
y:zEasy
LearningzObjective:z01-
03zDifferentiatezbetweenzthezthreezmainzapproachesztozethicalzthinking.z Topic:z01-
04zMainzApproachesztozEthicalzThinking
11. Virtue ethics emphasizes the situation that individuals find themselves in and focuses on wh
z z z z z z z z z z z z z
at they are doing.
z z z
FALSE
Accessibility:zKeyboardzNavigationz Difficult
y:zMedium
LearningzObjective:z01-
03zDifferentiatezbetweenzthezthreezmainzapproachesztozethicalzthinking.z Topic:z01-
04zMainzApproachesztozEthicalzThinking
1-4