Introduction To Business Quiz #2

10 Questions | Total Attempts: 186

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Introduction To Business Quiz #2

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Questions and Answers
  • 1. 
    Amoral behavior means that a person:
    • A. 

      Makes bad ethical choices

    • B. 

      Has no consideration for the moral consequences of his or her actions

    • C. 

      Is a strictly moral person

    • D. 

      Behaves without thinking things through

  • 2. 
    A corporation can behave in a socially responsible way by:
    • A. 

      Having strong policies in place to help the community

    • B. 

      Being truthful with consumers in its market

    • C. 

      Acting to reduce the negative impact the company has on the environment

    • D. 

      All of the above

  • 3. 
    A mission statement:
    • A. 

      Is a set of principles that guides your personal decisions

    • B. 

      Defines the core purpose of an organization

    • C. 

      Is the common set of basic values shared across both Jewish and Christian religious traditions

    • D. 

      Indicates how well a company is doing at meeting its social responsibilities

  • 4. 
    Moral relativism is:
    • A. 

      The encouragement of people to make ethical decisions based upon the circumstances of a particular situation, not upon fixed laws

    • B. 

      The reference to the common set of basic values shared across both Jewish and Christian religious traditions

    • C. 

      A perspective that holds that there is no universal moral truth but instead only individuals' beliefs, perspectives, and values

    • D. 

      Thinking about where your beliefs and views of your character came from

  • 5. 
    CSR consists of five major areas. These areas are:
    • A. 

      Amoral behavior, code of ethics, corporate philanthrophy, ethics, and socially responsible investing

    • B. 

      Legal compliance, mission statement, ethics, sustainability, and unethical behavior

    • C. 

      Judeo-Christian ethics, ethics training programs, personal ethics, moral relativism, and social audit

    • D. 

      Employment standards, ethical sourcing, marketing issues, environmental concerns, and community policies

  • 6. 
    One strategy that a company can use to recover from an ethical lapse is:
    • A. 

      The company cna restructure its internal operation to empower all employees to consider ethical implications of decisions and to feel free to speak up when they have concerns

    • B. 

      The company can delete all internal rewards for employees

    • C. 

      Create a mission statement

    • D. 

      Think about how their ethical behaviors reflects ethical beliefs

  • 7. 
    The process of working to improve the quality of life in ways that simultaneously protect and enhance the earth's life support systems is:
    • A. 

      Censorship

    • B. 

      Sustainability

    • C. 

      Legal compliance

    • D. 

      Corporate Social Responsibility (CSR)

  • 8. 
    A company's statement of their commitment to certain ethical practices:
    • A. 

      Code of Ethics

    • B. 

      Mission Statement

    • C. 

      Fiscal Responsibility

    • D. 

      Legal Compliance

  • 9. 
    What is one approach that a company can use to develop and maintain an ethical environment?
    • A. 

      The company can offer training in Corporate Social Responsibility (CSR)

    • B. 

      Managers could insist that some employees telecommute to lower the amount of the workforce at the main office

    • C. 

      The company can restructure its internal operation to take power away from its employees

    • D. 

      Managers can make sure a mission statement and a code of ethics is in place and set clear examples for the standards of behavior expected at all levels of the organization

  • 10. 
    One way to measure a company's level of CSR is through corporate philanthropy. What is corporate philanthropy?
    • A. 

      A study of how well a company is doing at meeting its social responsibilities

    • B. 

      Donating some of the company's profits or resources to charitable organizations

    • C. 

      Developing a positive reputation in the marketplace with consumers as well as with suppliers and vendors

    • D. 

      Ethical sourcing and procurement

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