MULTIPLE CHOICE
1. Which type of business community consists of people who work near the company?
Site community.
Virtual community.
Community of interest.
Employee community.
2. Which of these components are not considered during a risk assessment audit to gauge the effectiveness of a firm's ethics programs?
The financial bottom line.
Top management commitment.
Training programs.
Ethical policies.
3. Which of these actions can businesses take to reduce income inequality?
Adjust minimum wage laws to increase worker pay.
Implement new tax policy that benefits employees.
Provide very high executive compensation.
Commit to paying a living wage to all employees.
4. Which pattern of consumption is recommended to reduce humanity's global footprint?
Buying goods from firms that always seek to maximize their profits.
Choosing less harmful products.
Building more transit stops on the outskirts of town.
Eating more beef
5. Under U.S. laws:
Only private workers have the right to hold an election to choose what union they want to represent them, if any.
Only public workers have the right to hold an election to choose what union they want to represent them, if any.
Most private and public workers have the right to hold an election to choose what union they want to represent them, if any.
Only the employer has the right to hold an election to choose what unions they want to represent the workers within the organization, if any.
6. The theory of comparative advantage states that:
Productivity rises more quickly when countries produce goods and services for which they have a natural talent.
Productivity decreases when countries produce goods and services based on their natural resources.
All countries start out on an equal playing field.
Countries that operate under a policy of isolationism have a comparative advantage.
7. Which of the following is not true about rain forests?
They are the planet's richest areas in terms of biological diversity.
They will be severely depleted within the next eight years.
They account for about seven percent of the earth's surface.
They account for somewhere between 40 to 75 percent of the earth's species.
8. Which of these statements is (are) true regarding minority, women and disabled veteran-owned firms?
They often operate at an economic disadvantage.
They have a high rate of business failure.
They face competition from more established firms.
All of the above.
9. Marketing ethics include having concern for consumer health and safety issues.
True
False
10. The term community refers to a company's area of local business influence.
True
False
11. Which of these factors has accelerated the current ecological crisis?
Population reduction.
World income equality.
Rapid industrialization.
All of the above.
12. Which country recently enacted new laws to counter bribery and corruption?
Russia.
Somalia.
Brazil.
Argentina.
13. Today, more companies than ever, are turning to formal ethics audits to measure the quality of their ethics programs.
True
False
14. Why does the inclusion of women on corporate boards improve company performance?
Alternative courses of action are more realistically considered.
Women bring different life experiences to discussions.
Women are more likely to raise multiple stakeholder concerns.
All of the above.
15. Which of the following statements accurately describe the role of chief sustainability officer?
Typically reports to the CEO.
Supervises staff across functional areas.
Requires strong interpersonal skills.
All of the above.
16. Which company ethics safeguard is commonly implemented as an employee "helpline"?
Top management commitment.
Code of ethics.
Reporting mechanisms.
Compliance tracking.
17. Which type of employee is most likely to report ethical issues in the workplace?
Rank and file.
Middle managers.
Executives.
Temporary workers
18. Which of the following statements is not true about the population?
Over the next century, population growth is expected to be greatest in developed nations.
For many thousands of years, population growth was gradual.
Industrial production would have to quintuple over the next 40 years in order to maintain the same living standard that people have now, given expected population growth.
Just 10,000 years ago, the earth was home to no more than 10 million humans, scattered in small settlements
19. Which of these statements is (are) true regarding sexual harassment?
Most sexual harassment incidents target women.
Sexual harassment is illegal in the United States.
The United States Equal Employment Opportunity Commission is empowered to sue on behalf of victims.
All of the above.
20. Which of the following is a reason for businesses to get involved in the community?
To win local support for business activity.
To build social capital.
To meet stakeholder demands.
All of the above.
21. Which of these activities is not considered to be a marine ecosystem threat?
Overfishing.
Ocean pollution.
Coastal development.
Ocean alkalinity.
22. Why does a diverse and inclusive workforce benefit a firm supporting a global market?
A variety of language skills serves the global customer base well.
Cultural insensitivity helps to retain customers.
Understanding differences across markets restricts innovation.
Both A and C, but not B.
23. Which of the following is not a benefit of managing diversity and inclusion effectively?
These businesses get tax breaks from the federal government.
These businesses can often more effectively serve customers.
These businesses are better able to attract and retain workers from a variety of backgrounds.
Businesses with a diverse workforce boost innovation for the firm
24. The main purpose of inversion is to reduce corporate income tax obligations.
True
False
25. Which of the following is (are) true about child care assistance in the workplace?
It helps reduce employee absenteeism and tardiness.
It aids in recruiting workers by making the company more attractive to parents.
It helps retain talented employees.
All of the above.