Ethics & Social Responsibility
Which of the following best defines ethics?
A. Laws enforced by governments
B. Corporate profit strategies
C. An individual’s personal beliefs about right and wrong
D. Organizational rules
What is C. An individual’s personal beliefs about right and wrong
Which term refers to a company’s obligation to protect and improve society beyond profits?
A. Corporate Social Responsibility
B. Legal compliance
C. Ethical compliance
D. Defensive stance
What is A. Corporate Social Responsibility
Which model focuses primarily on maximizing shareholder value?
A. Stakeholder model
B. Shareholder model
C. CSR model
D. Ethical compliance model
What is B. Shareholder model
Which U.S. law prevents bribing foreign officials?
A. Secrecy Act
B. Bribery Act
C. Foreign Corrupt Practices Act
D. Ethics Act
What is C. Foreign Corrupt Practices Act
What is the best definition of ethical behavior?
A. Behavior that maximizes profits
B. Behavior that avoids punishment
C. Behavior that conforms to generally accepted social norms
D. Behavior approved by management
What is C. Behavior that conforms to generally accepted social norms
Which is NOT part of the triple bottom line?
A. Protecting the environment
B. Enhancing social welfare
C. Fulfilling economic mission
D. Obtaining maximum profits at any expense
What is D. Obtaining maximum profits at any expense
Which pairing correctly identifies primary vs secondary stakeholders?
A. Community / Employees
B. Employees / NGOs
C. Media / Customers
D. NGOs / Investors
What is B. Employees / NGOs
Which action best helps managers succeed abroad?
A. Using same management style everywhere
B. Avoiding local workers
C. Learning local customs and practices
D. Relying only on HQ rules
What is C. Learning local customs and practices
Unethical behavior may sometimes conform to generally acceptable social norms.
A. True
B. False
What is B. False
Which are the three parts of the triple bottom line?
A. People, Planet, Profits
B. Price, Product, Promotion
C. Ethics, Law, Culture
D. Revenue, Growth, Control
What is A. People, Planet, Profits
Which CSR stance is considered the least responsible?
A. Proactive
B. Defensive
C. Accommodative
D. Obstructionist
What is D. Obstructionist
Which best illustrates an MNC employee ethics challenge?
A. Paying identical wages worldwide
B. Balancing local norms with international labor standards
C. Ending outsourcing
D. Letting managers act freely
What is B. Balancing local norms with international labor standards
How is ethical behavior usually influenced?
A. Only by laws
B. Only by personal beliefs
C. Personal beliefs, cultural context, and situational factors
D. Company profits
What is C. Personal beliefs, cultural context, and situational factors
A firm donates to a school but ignores unsafe factory conditions overseas. Which CSR areas are MOST clearly neglected?
A. Profits only
B. Planet only
C. People only
D. People and possibly Planet
What is D. People and possibly Planet
A company meets legal and ethical standards AND voluntarily exceeds them. Which stance is this?
A. Defensive
B. Obstructionist
C. Proactive
D. Accommodative
What is C. Proactive
A multinational operates in a country with weak labor laws. What is MOST ethical?
A. Follow only local laws
B. Apply higher international standards
C. Ignore conditions
D. Outsource responsibility
What is B. Apply higher international standards
Which situation best illustrates ethical ambiguity?
A. A company following government pricing rules
B. A pharmaceutical firm raising drug prices despite public health concerns
C. A manager lowering prices to gain customers
D. A business refusing to invest in R&D
What is B. A pharmaceutical firm raising drug prices despite public health concerns
Which best summarizes the controversy around CSR?
A. CSR hurts profitability
B. CSR is pointless
C. CSR combines moral responsibility with good business
D. CSR should be avoided internationally
What is C. CSR combines moral responsibility with good business
Which best distinguishes shareholder vs stakeholder models?
A. Shareholders care about society; stakeholders care about profits
B. Shareholders maximize shareholder value; stakeholders consider all affected groups
C. Stakeholders ignore profits
D. Shareholders focus on NGOs
What is B. Shareholders maximize shareholder value; stakeholders consider all affected groups
At a border checkpoint, what ethics-code element best protects a manager refusing a bribe?
A. Allowing small bribes
B. Individual judgment
C. HQ approval only
D. Clear decision guidance plus company support
What is D. Clear decision guidance plus company support