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Socialogy Test

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Question 1 of 20

Corporations have a role in establishing their community’s:

A. tax base.

B. safety.

C. economic growth.

D. All of the above

Question 2 of 20

Modern corporations should be socially responsible because they:

A. are responsible to the stockholders of the company.

B. create jobs, influencing the lives of employees.

C. are highly profitable.

D. All of the above

Question 3 of 20

A modern-day expression of the charity principle does NOT include:

A. balancing the interests and needs of many diverse groups in society.

B. expressions of corporate philanthropy.

C. voluntary actions to promote the social good.

D. taking a paternalistic approach to community affairs.

Question 4 of 20

Which of the following is NOT an example of the charity principle?

A. Endowing public libraries

B. Supporting settlement houses for the poor

C. Supporting a governmental protection agency

D. Donating money to a family-counseling center

Question 5 of 20

The antitrust cases brought against Microsoft by regulators in the United States and Europe are examples of:

A. promoting long-term profits for business.

B. government efforts to reduce a company’s abuses of its monopoly power in the marketplace.

C. correcting social problems caused by business.

D. None of the above

Question 6 of 20

Which of the following is an argument in favor of corporate social responsibility?

A. It is always good business to act charitably.

B. It balances businesses’ power with their responsibility to act.

C. Corporate reputation is the most critical factor driving profits.

D. Promotes short-term profitability for businesses.

Question 7 of 20

Positive reputation can be valued as an intangible corporate:

A. asset.

B. liability.

C. charity.

D. expense.

Question 8 of 20

Which of the following examples does NOT show a company guided by enlightened self-interest?

A. A company providing the best quality product at a fair price

B. A company providing assistance to employees who attend evening college

C. A company breaking past records by maximizing quarterly profits

D. A company vice-president invited to attend a local community’s town planning meeting

Question 9 of 20

When undertaking social initiatives, a company:

A. must take out social responsibility insurance.

B. will always receive long-term profits.

C. may sacrifice short-term profits.

D. risks going bankrupt in nearly all cases.

Question 10 of 20

Social responsibility reflects:

A. the type of governmental rule and degree of individual freedom in a nation.

B. social activists’ power and the extent that social regulation is found in a country.

C. cultural values and traditions, taking different forms in different societies.

D. All of the above

Question 11 of 20

Which of the following is NOT a driver of the Corporate Social Responsiveness phase of Corporate Social Responsibility?

A. Religious/ethnic beliefs

B. Social unrest/protest

C. Stakeholder pressures

D. Public policy/government regulations

Question 12 of 20

All of the following are examples of the phases of Corporate Social Responsibility EXCEPT:

A. Corporate/Global Citizenship.

B. Corporate Charity Principle.

C. Corporate Social Stewardship.

D. Corporate/Business Ethics.

Question 13 of 20

As part of a continuing company commitment to monitor its manufacturing facilities, Mattel formed:

A. the “Zero Tolerance” program.

B. the Manufacturing Assessment Team.

C. the Independent Monitoring Council.

D. All of the above

Question 14 of 20

The term corporate citizenship has been used to refer to:

A. businesses acting responsibly toward stakeholders.

B. moral obligations to society at large.

C. demands made by the trustees of the public’s interests.

D. All of the above

Question 15 of 20

Which of the following principles of corporate citizenship strive for a competitive return on investment?

A. Consumer Relations

B. Investor Relations

C. Employee Relations

D. Supplier Relations

Question 16 of 20
Which of the following is NOT a professional association and consultancy in corporate social responsibility?

A. Business for Social Responsibility

B. Center for Global Citizenship

C. Corporate Social Responsibility Europe

D. Asian Forum on Corporate Social Responsibility

Question 17 of 20

A company that has just begun reporting to stakeholders is in which stage of the corporate citizenship process?

A. Innovative stage

B. Integrated stage

C. Engaged stage

D. Transforming stage

Question 18 of 20

Managers responding to the needs of the local education system as a normal or routine aspect of its operations is an example of an organization in the:

A. innovative stage.

B. integrated stage.

C. transforming stage.

D. engaged stage.

Question 19 of 20

According to a study of corporate citizenship in Latin America and Canada, which of the following is NOT one of the four levels of corporate social responsibility activity?

A. Delayed

B. Running

C. Catching up

D. Stalled

Question 20 of 20

Which of the following is NOT one of the four quadrants of the balanced scorecard approach?

A. People and knowledge

B. Internal

C. External

D. Financial

Question 1 of 20

People’s ethical beliefs come from:

A. legislative action and judicial decisions.

B. reading the company’s profit and loss statements.

C. their religious background, family, and education.

D. the organization’s code of ethics.

Question 2 of 20

People everywhere depend on ethical systems to tell them whether their actions are:

A. legal or illegal.

B. right or wrong.

C. financially attainable or not.

D. logical and in sound judgment.

Question 3 of 20
Under the Sarbanes-Oxley Act, corporations are required to:

A. have their CEO and CFO sign off on financial statements as accurate and fair.

B. have their audit committee comprised of only executives employed by the firm.

C. collect reimbursements from the U.S. government if financial restatements occur.

D. All of the above

Question 4 of 20
Cross-cultural contradictions arise due to:

A. the emergence of a developing country’s economic power.

B. religious differences practiced by business executives.

C. differences between home and host countries’ ethical standards.

D. All of the above

Question 5 of 20
As business becomes increasingly global:

A. it must turn to national laws for guidance.

B. ethical issues become issues of free trade.

C. a global code of conduct will emerge for businesses.

D. cross-cultural contradictions will increase.

Question 6 of 20
Which of the following was NOT a moral value acknowledged by Aristotle?

A. Temperance

B. Charity

C. Justice

D. Prudence

Question 7 of 20
According to Clarence Walton, the key to ethical standards in business is:

A. personal character.

B. highly paid executives.

C. clear governmental directives.

D. an ethics professor on the board of directors.

Question 8 of 20
Business managers need a set of ethical guidelines to help them:

A. understand the changing customs throughout the world.

B. justify the resolution which best helps themselves.

C. identify and analyze the nature of ethical problems.

D. None of the above

LINDA

Question 9 of 20
According to the utilitarian reasoning, if the benefits outweigh the costs, then the action is ethical because it produces:

A. the greatest good for the greatest number of people.

B. an equal amount of good for an equal number of people.

C. the greatest good for a select number of people.

D. an equal amount of good for the greatest number of people.

Question 10 of 20
A just or fair ethical decision occurs when:

A. the rights of all affected are considered.

B. the greatest good for those with power is achieved.

C. benefits and burdens are distributed equally.

D. All of the above

Question 11 of 20
Whistle-blowing occurs when:

A. a company president calls on employees in the organization to observe the firm’s code of ethics.

B. an employee goes public with a complaint after failing to convince the company to correct an alleged abuse.

C. a consumer group calls for a boycott of a firm’s product due to questionable advertisements.

D. an employee is found guilty of criminal wrongdoing by a government agency.

Question 12 of 20
The core components upon which a company’s ethical performance depends include:

A. the values and virtues of the managers.

B. the personal character of the managers and employees.

C. the traditions, attitudes, and business practices built into a company’s culture.

D. All of the above

Question 13 of 20
Which of the following is NOT one of the five core values developed by the Holt Company?

A. Efficiency

B. Dynamic

C. Success

D. Ethics

Question 14 of 20
If a manager approaches ethics with benevolence in mind, he or she would stress what?

A. Friendly relations with an employee

B. Company rules and procedures

C. Laws and professional codes

D. Economic efficiency

Question 15 of 20
The Kanebo Limited scandal is an example of a lapse in:

A. information technology ethics.

B. marketing ethics.

C. finance ethics.

D. accounting ethics.

Question 16 of 20
A giant step is taken toward improving ethical performance throughout the company when:

A. the firm hires a university ethics professor to lecture employees on moral philosophy.

B. the Justice Department launches an investigation of the firm’s pricing practices.

C. senior-level managers signal to employees that they believe ethics is a high priority.

D. a consumer hot line is created and staffed 24 hours a day.

Question 17 of 20
Which of the following statements is true?

A. In Japan, most codes were found to be a mixture of legal compliance and statements of mission.

B. The rationale underlying corporate codes of ethics are the same from country to country.

C. The values and mission codes are least popular with European and Canadian companies.

D. Codes of ethics in Latin America primarily focus on guidelines for accepting or refusing gifts.

LINDA

Question 18 of 20
The Institute for Corporate Ethics was created to:

A. guide managers when an ethical dilemma arises.

B. provide assistance for developing ethics policies for organizations.

C. develop and conduct training programs for senior managers.

D. oversee ethics audits.

Question 19 of 20
The critical component in installing an effective ethics program is:

A. to allow all employees the freedom to act as they wish.

B. in hiring an expensive ethics consultant.

C. the integration of various ethics safeguards into a comprehensive program.

D. maintaining the position as the industry sales leader.

Question 20 of 20
One of the most widespread and potentially powerful efforts to combat bribery was initiated by:

A. the Global Forum on Fighting Corruption.

B. the Organization for Economic Cooperation and Development.

C. International Labour Organization.

D. the U.S. Foreign Corrupt Policy Act.

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