1. The CEO of Just-in-Time Shipping has set major profit and expansion targets for the organization to achieve in the next five to ten years. What are these targets an example of?

A) Short-term strategies

B) Long-term problems

C) Strategic goals

D) Mid-level targets

E) Tactical issues

2. Which of the following is a question associated with the "sunshine" ethical framework?

A) How would you feel if your actions were reported on the front page of a newspaper?

B) How would your mother feel if she knew you had committed those actions?

C) How would you feel if you were on the receiving end of those actions?

D) How would a lawyer evaluate the actions you are considering taking?

E) How would a moral philosopher evaluate the actions you are considering taking?

3. What does the Sarbanes-Oxley Act, passed in 2002, require of companies?

A) To choose more independent boards of directors

B) To have someone other than managers sign off on financial results

C) To keep two sets of books, one public and one private

D) To use a looser set of accounting rules

E) To pay executives large annual bonuses