1. The idea that the relationship between a worker and employer is voluntary and can be terminated at any time, by either party, is the
A) employment-at-will doctrine.
2.Directors who have some sort of ties to the firm are termed
A) inside directors.
3.The Food and Drug Administration is part of
A) the Health and Human Services Department.
4.What is not part of the waste management mantra?
A) rehabilitate
5.Teleological theories focus on
A) consequences.
6.Which of the following is not a factor in the social environment that has led to the current climate of criticism of business?
A) consumer spending patterns
7.Which of the following is not an argument commonly used in favor of corporate social responsibility?
A) Businesses are best equipped to handle social problems.
8.The industry under the greatest attack for its marketing and advertising practices is
A) cigarettes.
9.The philosophy of Western industrialized nations and their MNCs includes all of these factors except
A) decentralization.
10.Business ethics is
A) concerned with right and wrong behavior within a business context.
11.Which of the following is not one of the responsibilities in Carroll’s four-part definition of corporate social responsibility?
A) Social
12.The macro level of legitimacy refers to the achievement and maintenance of legitimacy by
A) business as a whole
13.Community involvement is most commonly manifested through
A) donating the time and talents of its employees.
14.The test of one’s best self relies on one’s
A) self-concept.
15.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.
16.Companies that elected to provide meaningful information to shareholders and securities professionals without also informing small investors were practicing
A) selective disclosure.
17.Which of the following provides the largest stores of carbon on land?
A) trees
18.Standards of excellence in corporate community involvement include all of the following except
A) efficiency.
19.One of the most prime examples of the use of the circular economy and arguably one of the most environmentally focused companies in the world is
A) Patagonia.
20.Warranties were originally used by manufacturers to
A) limit the length of time they were responsible for products.
21.The issues management process and crisis management process are both focused on
A) improving stakeholder management.
22.The macro level of business power resides in
A) the entire corporate system.
23.The three attributes of being a moral person include all of the following except
A) attitudes.
24.The most important issue in corporate community involvement is
A) K-12 education.
25.When a firm advocates for its own special interest, it is
A) company lobbying.
26.The immediate result of environmental scanning is often
A) publication of an internal report that is distributed throughout the company.
27.Which of the following is not a strategy or action alternative in best addressing stakeholders?
A) collaborate or participate
28.A 2015 Pew research survey found that respondents think the government is doing well on many issues except
A) cutting corporate taxes.
29.Most experts say that privacy means
A) the right to keep personal affairs to oneself and to know how information about one is being used.
30.The focus of total quality management programs is
A) the customer.
31.The use of electronic means by a company to watch or monitor its employees is called
A) surveillance.
32.Based on the organization of the book, which of the following is an internal stakeholder?
A) employees
33.The narrow view of corporate citizenship focuses solely on
A) corporate community relations.
34.The purpose of the Federal Packaging and Labeling Act of 1967 was to
A) both prohibit deceptive labeling of certain consumer products and require disclosure of certain important information.
35.The Food and Drug Administration regulates all of the following except
A) personal care products.
36.Which of the following is not part of the FDA’s mission?
A) to help identify and develop new foods and drugs
37.Advertising claims that cannot be substantiated by evidence are termed
A) exaggerated claims.
38.Selection of projects for a community action program grows out of
A) matching community needs with company resources.
39.One of the main ways in which shareholder activists communicate their concerns to management is through
A) shareholder resolutions.
40.All hazardous chemicals must be accompanied by __________ to ensure proper use and handling.
A) Material Safety Data Sheets (MSDS)