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Exam 10: Business Ethics/Social Responsibility/Environmental Sustainability

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Question 21

Multiple Choice

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According to a recent Wall Street Journal article,_______ percent of all firms sampled had no restrictions on boss-subordinate love affairs at work.

A) 5
B) 13
C) 24
D) 39
E) 80

F) B) and D)
G) A) and B)

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Question 22

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Social policy concerns what responsibilities the firm has to employees,consumers,environmentalists,minorities,communities,shareholders,and other groups.

A) True
B) False

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Question 23

Essay

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Compare and contrast Ralph Nader's and Milton Friedman's positions on social responsibility.With whose view do you agree?

Dumping banned or flawed products in foreign markets is considered to be an unethical business practice.

California is the nation's second-largest producer of solar energy.

Companies such as Wal-Mart are now monitoring not only the prices its vendors offer for products,but also how those products are made in terms of environmental practices.

All of the following business actions are considered to be unethical except:

Special natural environment issues include all of the following except:

European firms are increasingly adopting explicit,American-style sexual harassment laws.

Firms should strive to engage in social activities that have no economic benefits,to avoid their being viewed as public relations ploys.

Managers and employees today must be careful not to ignore,conceal,or disregard a pollution problem or they could

Having a code of ethics ensures ethical business behavior.

Japan is providing incentives for its elderly to work until ages 65 - 75.

New Jersey's goal is to obtain 3 percent of its electricity from the sun and 12 percent from offshore wind by 2012.

In Europe,romantic relationships at work are frowned upon,and most firms have policies prohibiting the practice.

Corporate social policy should be reaffirmed or changed during strategy implementation.

In 2009,Walt Disney,Starbucks,and Fiat were among the most admired companies for social responsibility according to Fortune magazine.

Business ethics,_______,and sustainability issues are interrelated and impact all areas of the comprehensive strategic-management model.

Wal-Mart encourages its employees to adopt "Personal Sustainability Projects" like weight-loss or smoking-cessation support groups,illustrating that

ISO 14001 is a technical standard and as such replaces technical requirements embodied in statutes or regulations.