BADM577 Week 8 – Midterm Exam

1.U.S.-based MNCs are increasingly interested in cases brought under the Alien Tort Claims Act because

A) they are increasingly being named as defendants in tort cases for doing business in countries with repressive governments.

2.Current standards for SA8000 include all the following except

A) certifications.

3.The “integrity strategy” espoused by Lynn Sharp Paine is similar to the

A) moral management model.

4.Businesses are paying close attention to all of the following green groups except

A) legislators.

5.Which of the following is not part of the anticorruption movement?

A) World Trade Organization

6.Business organizations must address the legitimate needs and expectations of stakeholders because

A) they will need to, in order to be successful in the long run.

7.Employees are the people hired by the company to

A) do the actual work of operating the company.

8.The most serious danger of using the conventional approach to business ethics is

A) lapsing into ethical relativism.

9.A new trend in board recruiting focuses more on

A) diversity.

10.The circular economy strategy and business model includes

A) recycling products for a secondary market.

11.Responsibilities for stakeholder management include all of the following except

A) philanthropic.

12.Which of the following social movements of the 1960s did not inspire the emergence of corporate social responsibility in the 1960s?

A) Progressive Movement

13.Which of the following is not a source of a manager’s values that is external to the firm?

A) scientific

14.The area of ethics that is concerned with supplying and justifying a coherent moral system of thinking and judging is called

A) normative ethics.

15.The ethics and global strategy plan for improving global business ethics has as its central idea

A) utilizing ethical standards as significant inputs into top-level strategy formulation and implementation.

16.The concept of business responsibility that is based on concern for the various groups that are affected by a business is known as the

A) stakeholder model.

17.Which of the following is not an element of effective ethics and compliance programs?

A) delegation of authority

18.The first and primary argument for corporate social responsibility is

A) it is in a business’s long-range interest to be socially responsible.

19.An energy economic investment growing in popularity is

A) SolarCity bonds.

20.Which of the following is NOT a key principle of conscious capitalism?

A) profit culture

21.Which of the following is not an undesirable side effect of technology?

A) clash of cultural and religious forces

22.The part of corporate social responsibility that focuses on business’s voluntary activities that are not normally expected of a firm is

A) philanthropic.

23.The approach to business ethics in which we compare a decision or practice to prevailing norms of acceptability is the

A) conventional approach.

24.The state-issued document that grants the corporation’s right to exist and stipulating the basic terms of its existence is a(n)

A) charter.

25.Lawrence Kohlberg’s model of moral development includes all of the following levels except

A) law and order morality.

26.At the macro level, big business is being questioned for its

A) legitimacy.

27.Technology is

A) the scientific method used in achieving a practical purpose.

28.Public opinion polls regarding business ethics are

A) difficult to assess because the media keeps ethics scandals in the public eye.

29.When a business affects the life of a member of the surrounding community without meaning to, the company has wielded

A) unintentional power.

30.Technology has advanced __________ society’s capacity to grasp its consequences.

A) faster than

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