Ethical Decision-Making
This is an identifiable problem that requires choosing between actions that may be right or wrong.
A. Corporate governance
B. Ethical issue
C. Social audit
D. Compliance program
Correct Answer: B. Ethical issue
This bank created millions of fake customer accounts due to extreme sales pressure.
A. JP Morgan
B. Bank of America
C. Wells Fargo
D. Citibank
Correct Answer: C. Wells Fargo
This term refers to a company’s obligation to maximize positive impact and minimize negative impact on society.
A. Ethics
B. Social responsibility
C. Corporate governance
D. Deontology
Correct Answer: B. Social responsibility
ESG stands for:
A. Ethics, Sustainability, Governance
B. Environmental, Social, Governance
C. Economic, Social, Growth
D. Environmental, Safety, Growth
Correct Answer: B. Environmental, Social, Governance
This moral philosophy focuses on creating the greatest good for the greatest number of people.
A. Deontology
B. Corporate citizenship
C. Utilitarianism
D. Compliance orientation
Correct Answer: C. Utilitarianism
This aerospace company paid billions in fines after a global bribery scandal.
A. Boeing
B. Airbus
C. Lockheed Martin
D. Tesla
Correct Answer: B. Airbus
Which of the following is NOT considered a major stakeholder group?
A. Employees
B. Customers
C. Investors
D. Competitors
Correct Answer: D. Competitors
Which of the following is an example of the “Environmental” part of ESG?
A. Executive pay
B. Employee diversity
C. Greenhouse gas emissions
D. Shareholder voting rights
Correct Answer: C. Greenhouse gas emissions
This moral philosophy focuses on following moral principles regardless of the outcome.
A. Utilitarianism
B. Deontology
C. ESG
D. Stakeholder theory
Correct Answer: B. Deontology
When employees report company wrongdoing to management, media, or government, it is called:
A. Consumerism
B. Governance
C. Whistleblowing
D. Compliance auditing
Correct Answer: C. Whistleblowing
Which of the following is one of the four stages of social responsibility?
A. Market dominance
B. Corporate citizenship
C. Consumer control
D. Executive privilege
Correct Answer: B. Corporate citizenship
This renewable energy source uses heat from inside the Earth.
A. Solar power
B. Biofuels
C. Hydropower
D. Geothermal energy
Correct Answer: D. Geothermal energy
Which three factors most strongly influence ethical decision-making in organizations?
A. Law, profits, competition
B. Marketing, finance, HR
C. Individual values, organizational culture, opportunity
D. Government, unions, consumers
Correct Answer: C. Individual values, organizational culture, opportunity
Rewarding employees only for results — without caring how results are achieved — can lead to:
A. Stronger compliance programs
B. Increased ethical culture
C. Reduced opportunity for misconduct
D. Increased unethical behavior
Correct Answer: D. Increased unethical behavior
Consumerism refers to:
A. Businesses maximizing profits
B. Consumers protecting their rights
C. Government regulation
D. Environmental activism only
Correct Answer: B. Consumers protecting their rights
A systematic examination of a company’s social responsibility efforts is called a:
A. Financial audit
B. Social audit
C. Compliance review
D. Stakeholder meeting
Correct Answer: B. Social audit