1
what is true?
true or false, three levels of ethical assessment include awareness, impact, and consequences?
what is false
Which of the following is true of the capitalist system?
A) The market system coordinates economic activity.
B) It is less cumbersome than a government-operated system.
C) It is less costly than a government-operated system.
D) It is more responsive to society's needs.
E) All of these choices accurately describe a capitalist system.
what is E, all of these choices accurately describe a capitalist system.
All of the following statements regarding employees as stakeholders are accurate,EXCEPT?
A) Employees are individuals who work for the corporation.
B) Managers are considered employees.
C) Part-time employment is becoming a more common strategy to hiring employees.
D) Employees are considered one of the more obvious and, perhaps, most important stakeholders.
E) As of 2023, there are few formal documents that outline employees’ rights.
What is E, as of 2023, there are few formal documents that outline employees’ rights.
Which of the following is NOT included in Carroll's Pyramid of Social Responsibility?
A) Economic responsibilities
B) Legal responsibilities
C) Managerial responsibilities
D) Ethical responsibilities
E) Philanthropic responsibilities
What is C, managerial responsibilities.
true or false, a system based on a capitalistic market virtually guarantees an equitable distribution of income?
What is False?
true or false, some managers assess the moral implications of a decision by its economic consequences and a moral justification is based on the workings of a market system?
what is true?
The term used for patents, copyrights, trademarks, and industrial designs is ___.
A) Human capital
B) Literal capital
C) Intellectual capital
D) Intellectual property
E) Private capital
what is D, intellectual property.
A large chain of bookstores called Littera is planning to build a new store in a small town in the prairies. They are known for their large selection and low prices. Before going public, the management at Littera decides to categorize identified stakeholders using a position/importance matrix. There are three small, independent bookstores in town. They aren't considered to be a competitive concern. They would be categorized as:
A) low priority stakeholders.
B) antagonistic stakeholders.
C) supporter stakeholders.
D) problematic stakeholders.
E) arbitrary stakeholders.
What is B, antagonistic stakeholders.
KLO Accounting Services has decided to allow the members of a local youth centre to have their taxes done for free. This is a type of:
A)
KLO Accounting Services has decided to allow the members of a local youth centre to have
their taxes done for free. This is a type of:
A) corporate donation
B) cause-related marketing
C) strategic giving
D) corporate volunteerism
E) corporate sponsorship
What is A, corporate donation
Price fixing and supplier discrimination sometimes signal:
A) responsible corporations
B) monopolistic behaviour
C) laissez-faire governance
D) stakeholder capitalism
E) free enterprise
Which of the following is defined as the means by which individuals judge their actions and the actions of others based upon accepted behavior in society?
A) Value judgments
B) Moral suasion
C) Peer pressure
D) Moral standards
E) Cultural customs
what is D, moral standards?
The taxation system in Canada is considered progressive. This means that those who earn higher income are taxed at a higher rate than are those with lower income. This approach reflects a movement towards ___ as a priority in Canada.
A) equality of opportunity
B) equality of results
C) individualism
D) oligopoly
E) regression
what is A, equality of opportunity.
A chemical manufacturing plant obtains various ingredients from many suppliers. There is one rare ingredient that is only available from a single supplier. This relationship is an example of:
A) Indirect/usage (firm power).
B) Direct/usage (high interdependence).
C) Indirect/withholding (low interdependence).
D) Direct/withholding (stakeholder power).
E) Direct/usage (firm power)
What is D, direct/withholding (stakeholder power).
A large sporting goods chain incorporates sustainable environmental practices into all its
operations and has thus developed a committed customer membership base, resulting in profitable operations. This business is operating under the:
A) economic paradigm.
B) social paradigm.
C) shareholder perspective.
D) unknown response paradigm.
E) investment paradigm.
What is B, social paradigm.
The modern corporation is described by:
A) the concession doctrine
B) the freedom of association doctrine
C) the rule of proprietorship
D) the profit maximization doctrine
E) the freedom of referral doctrine
What is B, the freedom of association doctrine.
In which level(s) of ethical assessment are managers not only aware that there is an ethical consideration involved in business decision-making, but also that their ethical assessment is influenced by a variety of societal influences?
A) Level one
B) Level one and two
C) Level two
D) Level two and three
E) Level three
what is C, level 2?
Why do consumers sometimes face challenges in exercising their sovereignty?
A) Some product classes have few choices.
B) They are not capable of understanding the technical complexities of some products.
C) They lack information about available alternatives.
D) Large corporations influence consumers’ preferences through advertising.
E) All of these choices are reasonable challenges faced by individuals in exercising their sovereignty.
what is E, all of these choices are reasonable challenges faced by individuals in exercising their sovereignty.
The four stages proposed in the “anatomy of a crisis” include:
A) Prodromal, acute, chronic, and resolution.
B) Pre-crisis, mid-crisis, post-crisis, and peak-crisis.
C) Prodromal, peak, acute, and continuous.
D) Pre-acute, acute, pre-chronic, and chronic.
E) Prodromal, resolved, crisis, and peak.
What is A, prodromal, acute, chronic, and resolution.
Which of the following terms describes a form of advertising or public relations that deceptively provides the perception that a corporation's policies or practices are socially responsible?
A) Green marketing
B) Sugarcoating
C) Whitewashing
D) Greenwashing
E) Tokenism
What is D, greenwashing.
LK Corporation has recently downsized its operations. The trend towards healthy eating has
led to fewer purchases of lollipops and suckers, the principal product of the firm. Knowing
that Halloween is approaching and that sales will improve, the company has told the media
that the workers will be rehired as soon as sales improve. In planning to rehire the laid off
workers, LK Corporation is attributing the layoffs to the:
A) principle of self-interest
B) efficient allocation of resources
C) decentralized decision making
D) business cycle
E) sustainability dilemma
What is D, business cycle.
Which level of Kohlberg’s moral development model involves a universal and humankind orientation?
A) Pre-conventional
B) Conventional
C) Post- conventional
D) Pseudo-conventional
E) Sub-conventional
what is C, post-conventional.
Which of the following is true when comparing government involvement in the U.S. economy to that of Canada?
A) Government involvement in the economy is greater in the U.S. than it has ever been in Canada.
B) You cannot compare the level of involvement of the governments of these two countries as Canada has a socialist system and the U.S. has a capitalist system.
C) Government involvement in the economy has always been about the same for these two countries.
D) Government involvement in the economy has always been greater in Canada than in the U.S.
E) The U.S. government does not regulate any markets in that country; they are the best example of pure capitalism in the world.
What is D, government involvement in the economy has always been greater in Canada than in the U.S.
A furniture store has just discovered that the lumber used to make its furniture was extracted from an ancient forest. Later that week they received a letter from an environmental group stating that all furniture stores using lumber from ancient forests are receiving this letter as a warning to find alternate sources for their lumber or there will be public demonstrations and media attention outside their stores. This furniture store is in what stage of the issue life cycle?
A) Peak
B) Prominent
C) Growth
D) Increasing
E) Awareness
What is B, prominent.
The extended view of corporate citizenship focuses on:
A) enlightened self-interest.
B) stewardship.
C) rebranding.
D) giving back.
E) civil rights.
What is E, civil rights.