INTRODUCTION TO BUSINESS QUIZ TWO

A corporatecodeofethicsofficerinformsthepressaboutunethicalpracticeswithintheorganization. a.True

b.False

Anaffirmativeactionprogramis designedto ensurethatminorityemployeesarerepresentedin aboutthesame proportionastheirrepresentationwithinthecommunity.

a.True

b.False

 

Congress created the

in 1980 to help pay for cleaning up land polluted with chemicals and toxic wastes.

 

Superfund

 

Consumerswillprobablypayinlargepartfor cleaningupourenvironmentthroughincreasedtaxesorincreased productcosts.

a.True

b.False

ExcellentAirInc.isa well-knownestablishmentinthe airlinebusiness.Itiscurrentlyoneofthe topfirmsinthe industry.Thecompanypridesitselfon goodcustomerserviceandbeingconcernedwiththebroadersocietalgood. EAImanagementisnot onlyconcernedwithdoingthingsright,but alsowithdoingtherightthings.Manyoftheir decisionsreflectthisphilosophy.Initially,thecompanyhadaproblemwithemployeesreportingtheirsuspicions aboutunethicalbehaviortothepressinsteadoftoEAImanagement.Asa result,thecompanymadesureits employeesknewthefirm’sguidelineson fixingethicalissues.EAIalsodevelopedacodeof conductbasedon standardsthatcontinueto beupheldwithinthecompany.Sincethecodeofconducthasbeenputin place,there havebeenfewerethicalviolations.

 

Althoughemployeesalariesat EAIarenotashighasthoseat competingfirms,thecompanyexperiencesverylow employeeturnover.Thefirmhascreateda corporateculturethatnotonlymakesitsemployeeswanttostay,but thatalsoresultsinhigherprofits.IfEAIcanmaintainthe relationshipit hasbuiltwithitsemployeesandcustomers, it willhavelittledifficultykeepingupitsremarkablesuccess.

.Referto ExcellentAirIncorporated.TheprinciplesthatEAIchooseto prideitselfonshowthatthecompanyhas a.amoralminority.

b.culturaldiversity.

c.social responsibility. d.caveatemptor.

e.a socialaudit.

RefertoExcellentAirIncorporated.Initially,employeeswerenotwillingtogotoEAImanagementwithethical issuesbutwouldinsteadreportthemto thepress.Thisis anexampleof

a.whistle-blowing. b.a socialaudit.

c.pooremployees.

d.opportunityemptor. e.anarc.

 

RefertoExcellentAirIncorporated.Tofixtheethicalissueproblems,EAImanagementshouldhaveimplemented allofthefollowingguidelinesformakingethicaldecisionsexceptwhichone?

a.Listenandlearn.

b.Identifytheethicalissue.

c.Createandanalyzeoptions.

d.Createanindustrybenchmark.

e.Explainyourdecisionandresolveanydifferencesthatarise.

Referto ExcellentAirIncorporated.Sincethecompanycreateditscodeofconduct,employeeshavelimited  , oramountoffreedomto performanunethicalact.

a.time

b.responsibility

c.moral dilemmas d.unethicaloptions e.opportunity

 

Referto ExcellentAirIncorporated.EAI’screationofitscodeofconductdemonstrateditsapplicationofmoral standardstobusinesssituations,whichisalsoknownas

a.moralresponsibility. b.socialconsciousness. c.social responsibility. d.moralconsciousness. e.businessethics.

 

Megan Miller is an ethics officer at a large financial institution. She likely performs all of the following duties except

 

A.

encouraging all employees to be whistle-blowers

 

B.

coordinating ethical conduct

 

C.

determining the punishment for ethical violations

 

D.

giving top management advice about their decisions

 

E.

providing advice to employees when they are uncertain

MeganMillerisanethicsofficerata largefinancialinstitution.Shelikelyperformsallofthefollowingdutiesexcept

a.coordinatingethicalconduct.

b.providingadvicetoemployeeswhentheyareuncertain. c.givingtop managementadviceabouttheirdecisions.

d.encouragingallemployeestobewhistle-blowers. e.determiningthepunishmentforethicalviolations.

 

Noisepollutioncan bereducedby

a.cleaninguplandpollutedwithchemicalsand industrialwaste. b.modifyingmachineryandequipment.

c.banningstrip-miningof coal.

d.nonselectivecuttingof forests.

e.thedevelopmentofagriculturallandforhousingandindustry.

 

Thelesserthecompetition,thegreaterthechoiceavailableto consumers. a.True

b.False

he major forces in consumerism are

 

A.

consumer laws

 

B.

consumer education programs

 

C.

all of the above

 

D.

individual consumer advocates

 

E.

consumer organizations

 

 

The socioeconomicmodelofsocialresponsibilityemphasizesthe effectofbusinessdecisionsonsociety. a.True

b.False

 

Whichofthefollowingstatementsreflectsthesocioeconomicmodelofsocialresponsibility?

a.”Ididitmyway!”—FrankSinatra

b.”It’s easierandbetterto bansmokingthanto risk multimillion-dollarlawsuits.”—auniversityprofessor c.”It’sanabsolutelypreposterousproposal.Theideathatanycorporationhastherightto reachbeyond companygatestowhatyoucouldevendescribeas thebedroomof theemployeeisridiculous.”—a

spokespersonfortheTobaccoInstitute

d.”Intheprivatesector,employerscangetawaywithquiteabit.”—anattorney

e.”Wewill notallowourmotionpicturesto beshownin anymoviehousein SouthAfricaunlessitis fully integrated.”—thepresidentof UnitedInternationalPicturesCorporation

 

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