Introduction to Business Quiz TWO(BUS001)

.A corporatecodeofethicsofficerinformsthepressaboutunethicalpracticeswithintheorganization. a.True

b.False

Anaffirmativeactionprogramis designedto ensurethatminorityemployeesarerepresentedin aboutthesame proportionastheirrepresentationwithinthecommunity.

a.True

b.False

Congress created the [removed] 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

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 

Thesocioeconomicmodelofsocialresponsibilityemphasizesthe 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