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BUSI Chapter 1 Practice Quiz

Walmart has been called a template for 21st century capitalism.


Selected Answer:
Answers:

True
True
False

Question 2
1 out of 1 points

Stakeholders stand out to managers when they exhibit:


Selected Answer:

Power, legitimacy, and urgency.

Answers:
Integrity, power, and legitimacy.
Power, legitimacy, and urgency.
Integrity, loyalty, and power.

Legitimacy, loyalty, and urgency.

Question 3
1 out of 1 points

Which one of the following is considered to be a nonmarket stakeholder of business?


Selected Answer:

Media.

Answers:
Customers.
Media.
Creditors.

Stockholders.

Question 4
1 out of 1 points

Which argument says that stakeholder management realistically depicts how companies really
work?
Selected Answer:

Descriptive argument.

Answers:

Descriptive argument.
Instrumental argument.

Normative argument.

Fiduciary argument.

Question 5
1 out of 1 points

All of the following are external stakeholders of the firm except:

Selected Answer:

Managers.

Answers:

Managers.
Customers.

Stockholders.

Suppliers.

Question 1
1 out of 1 points

Businesses are expected to be ethical in their relationships with:


Selected Answer:
All of the above.
Answers:
Stockholders.

Customers.

Competitors.

All of the above.

Question 2

1 out of 1 points

The Sarbanes-Oxley Act:


Selected
Answer:

Requires executives to pay back bonuses based on earnings that are later
proved fraudulent.

Answers:
Forces firms with inaccurate financial reporting into Chapter 11
bankruptcy.

Does not hold auditing firms liable for their clients inaccurate account
reporting.

Requires executives to pay back bonuses based on earnings that are later
proved fraudulent.

Allows an auditing firm from providing the same client with non-auditing
services.

Question 3
1 out of 1 points

The reason(s) behind the uncertainty of an ethical or unethical decision is (are) that different
people and groups:
Selected Answer:
All of the above.

Answers:
May honestly and genuinely use different sources of information.

May rank various rights in different ways.

May not share the same meaning of justice.

All of the above.

Question 4
1 out of 1 points

Mature adults typically base their ethical reasoning on broad principles and relationships such
as:
Selected Answer:
Both A and B, but not C.
Answers:
Human rights and constitutional guarantees of human dignity.

Universal principles of justice.

Customs and traditions show by their peers.

Both A and B, but not C.

Question 5
1 out of 1 points

Only in the last few years have scholars found a positive relationship between an
organizations economic performance and attention to spiritual values.
Selected Answer:
Answers:

False
True
False

Saturday, October 8, 2016 4:07:39 PM CDT


Reasons businesses should be ethical include

Reasons businesses should be ethical include:


Most employees want their companies to act in ways that are consistent with their own
sense of right and wrong.

Ethical behavior protects businesses.

Both of the above.

Neither of the above.


According to the James Rachels chapter Are There Absolute Moral Rules, Immanuel Kant
believed that morality is a matter of following absolute rules
True

False

Question 1

1 out of 1 points

Which of the following is not an example of an ethical criterion?


Selected Answer:

Corporate driven.
Answers:

Egoism.
Concern for others.
Principle.

Corporate driven.
Question 2

1 out of 1 points

If a manager approaches ethical issues with a self-centered approach, emphasis will be on:
Selected Answer:

Economic efficiency.
Answers:

Integrity.
Social relationship.

Economic efficiency.

Laws.
Question 3

1 out of 1 points

Which of the following organizations code of ethics advocates loyalty to your organization,
justice to those whom you deal and faith in your profession?
Selected Answer:

Institute for Supply Management.


Answers:

Institute for Supply Management.


Institute of Certified Public Accountants.
Financial Accounting Standards Board.
Association for Computing Machinery.
Question 4

1 out of 1 points

A company that channels employee behavior in a lawful direction by emphasizing the threat
of detection and punishment is:
Selected Answer:

Operating under the compliance-based approach.


Answers:

Operating under the compliance-based approach.


Practicing tone at the top.

Operating under the integrity-based approach.


Operating under the instrumental policy approach.
Question 5

1 out of 1 points

Illegal acts committed by employees, such as fraud and insider trading, is called blue-collar
crime.
Selected Answer:
Answers:

False
True
False

According to the James Rachels chapter The Debate over Utilitarianism,


actions are judged right or wrong based upon universal moral rules.
actions are judged right or wrong based upon their consequences.
actions are judged right or wrong, depending upon the situation.
none of the above.
Question 1

1 out of 1 points

The worlds natural resource base the air, water, soil, minerals, and so forth -- is essentially
finite, or bounded.
Selected Answer:

True

Answers:

True
False

Question 2

1 out of 1 points

Scientists believe that if the Montreal Protocol is honored the ozone layer will recover by:
Selected Answer:

2050,
Answers:

2015.
2035.

2050,
Never.
Question 3

1 out of 1 points

By promoting the use of clean cookstoves in developing nations, a global alliance hopes to
reduce:
Selected Answer:

Black carbon.
Answers:

Deforestation,
The burning of fossil fuels.

Black carbon.
Methane.
Question 4

1 out of 1 points

With respect to fresh water, according to one estimate, if it were possible to eliminate
pollution, capture all available fresh water, and distribute fresh water equitably:
Selected
Answer:

Demand would exceed supply within a hundred years.

Answers:

Demand would exceed supply within a hundred years.


There would be a balance between demand and supply within a hundred
years.
Supply would exceed demand within a hundred years.
None of the above.
Question 5

1 out of 1 points

Depletion of the ozone layer, destruction of the rain forests, and species extinctions all have
an impact on:
Selected Answer:

All of society.
Answers:

All of society.
A particular region.
A particular nation.

Only developing countries.

The commitments of the Convention on Biological Diversity include:


Developing national conservation strategies.

Eliminating CFC production.

Population control education.

Massive irrigation projects in developing countries.


The core idea(s) of sustainable development is (are):
Economic development must be accomplished sustainably.

Poverty is an underlying cause of environmental degradation.

Affluence is an underlying cause of environmental degradation.

Both A and B, but not C.


M. Porter and van Der Linde, in their article Green and Competitive: Ending the Stalemate
argued
that flexible environmental laws can encourage innovation
that environmental laws have usually been too flexible.
that strict, inflexible environmental laws encourage innovation.
none of the above
Question 1

10 out of 10 points

Environmental regulations stimulate some sectors of the economy by:


Selected
Answer:

Answers:

All of the above.


Creating jobs in industries like environmental consulting, asbestos
abatement, and instrument manufacturing.
Saving jobs in industries like fishing and tourism when natural areas are
protected or restored.
Compelling businesses to become more efficient by conserving energy.

All of the above.


Question 2

10 out of 10 points

In the United States, the federal government regulates which of the following major areas of
environmental protection?
Selected Answer:

All of the above.


Answers:

Air pollution.
Water pollution.
Land pollution.

All of the above.


Question 3

10 out of 10 points

Which of the following is (are) true about emission fees?


Selected
Answer:
Answers:

All of the above.

Each business is charged for the undesirable pollution that it emits.


Companies emitting more pollutants end up paying more pollution taxes.
Revenues from emission fees are used to support environmental efforts.

All of the above.


Question 4

10 out of 10 points

Hydraulic fracturing, or fracking, has the following benefit:


Selected
Answer:

Natural gas burns more cleanly than either coal or oil.

Answers:

Natural gas burns more cleanly than either coal or oil.


It is a risk-free form of natural gas extraction.
It gives more businesses to sewage plants to clean contaminated water.

There are no benefits to fracking.

Question 5

0 out of 10 points

Most big companies are still in the pollution prevention stage of corporate environmental
responsibility.
Selected Answer:
Answers:

True
True
False

Which of the following statements is (are) true about the Comprehensive Environmental
Response Compensation and Liability Act (CERCLA)?
It established a fund supported primarily by a tax on the petroleum and chemical
companies.

It is regarded as one of the most successful environmental laws.

The funds collected are used to clean up sites where the original polluter cannot be
identified.

Both A and C, but not B.


Question 1

1 out of 1 points

Which of the following is not true about water pollution?

Question 2

1 out of 1 points

In 2011 how many of the worlds top 250 companies issued an integrated sustainability
report?

Question 3

1 out of 1 points

Which of the following is indicative of a firm in the pollution prevention stage of the
corporate environmental responsibility model?

Question 4

1 out of 1 points

When companies develop a reputation for environmental excellence, and they produce and
deliver products and services designed to attract environmentally aware customers, this is
called:

Question 5

1 out of 1 points

Which of the following statements is (are) true about the Comprehensive Environmental
Response Compensation and Liability Act (CERCLA)?

If a company fails to understand the beliefs and expectations of stakeholders:

Companys profits are likely to increase in the short run.

Companys profits are likely to increase in the long run.

The performance-expectations gap can be expected to grow larger.

It increases the chance of a corporate buy-out.


Which of the following companies is being the most socially responsible?
A company that does environmental scanning.

A company that is trying to operate in a way which will help the local communities.

A company that is trying to maximize its profits, but contributes to charity.

None are socially responsible.


The iron law of responsibility says that:
In the long run, those who do not use power responsibly will lose it.

In the short run, sacrifice social goals for economic goals.

Law is most important, more than social or economic responsibility.

In the long run, economic responsibility leads to social responsibility.


Question 32

Which of the following statements is true about corporate social responsibility?

Businesses should monitor and prevent social problems in advance of their becoming
major issues.
A company should seek maximum profits from its operations in order to provide the best
for society.
Corporations should be accountable for any actions that affect people, their communities,
and the environment.
Both A and C, but not B.

Corporate social responsibility (CSR) means that a corporation should:


Always forgo profit for the sake of the environment.

Be held accountable for any of its actions that affect people, their communities, and their
environment.

Abandon its other missions.

Put social responsibilities ahead of economic or legal responsibilities.


Drawbacks to utilitarian reasoning may include all of the following except:
The majority may override the rights of those in the minority.

Managers using this reasoning process often fail to consider the means taken to reach the
end.

It is difficulty to accurately measure both costs and benefits.

Cost-benefit calculations can only be provided by accountants.

Utilitarian reasoning primarily considers:


The end results of an action.

The rights of the unprotected.

Both A and B.

Neither A nor B.
A member of the Chartered Financial Analyst Institute (CFA) must:
Promote the integrity of and uphold the rules governing global capital markets.

Act with integrity, competence, diligence, respect, and in an ethical manner with the
public.

Maintain and improve their professional competence.

All of the above.


Typically, ethics training is offered to:
Managers.

To the rank-and-file.

It varies, usually with the size of the firm.

The Board of Directors only.

Ethical guidelines can help business managers:


Understand the changing customs throughout the world.

Identify and analyze the nature of the ethical problem.

Neither A nor B.

Both A and B.
The first World Summit on Sustainable Development was held:
in 1992.

in 1972.

in 1969 and led to the first Earth Day celebrations.

none of the above.


Muhammad Yunus founded Grameen Bank to provide microcredit to the poor. Microloans
are considered by many to be a practical solution to combating poverty.
are considered liberating force particularly for poor women.
may be in very small such as $12.
all of the above
Christopher Stone believes that the law can ensure that companies will
behave responsibly.
True

False

Question 1

1 out of 1 points

Experts attribute the growth of nongovernmental organizations to:


Selected
Answer:

Answers:

Greater openness in many societies.


The creation of global stock exchanges and enhanced currency
transactions.
The globalization of marketing and converging consumer preferences.

Greater openness in many societies.


All of the above.
Question 2

1 out of 1 points

According to the United Nations, how many transnational corporations operate in the global
economy?
Selected Answer:

104,000.
Answers:

49,000.

104,000.
290,000.

900,000.
Question 3

1 out of 1 points

The theory of comparative advantage states that:


Selected
Answer:

Productivity rises more quickly when countries produce goods and services
for which they have a natural talent.

Answers:

Productivity rises more quickly when countries produce goods and services
for which they have a natural talent.
Productivity decreases when countries produce goods and services based on
their natural resources.
All countries start out on an equal playing field.
Countries that operate under a policy of isolationism have a comparative
advantage.
Question 4

1 out of 1 points

Government has distinctive resources and competencies including:


Selected Answer:

All of the above.

Answers:

Knowledge of public policy.


Ability to enforce the rules.
Revenue from taxation.

All of the above.


Question 5

1 out of 1 points

Globalization directly and indirectly influences the politics, environment, geopolitics, and
economics of virtually every country in the world.
Selected Answer:

True

Answers:

True
False

An example of a Global Action Network, or GAN, is:


The World Trade Organization.
Nongovernmental organizations.
-The Kimberley Process.
The Heritage Foundation.
The primary purpose of the International Monetary Fund is to:
-Lend foreign currency to member countries.
Exchange one currency for another.
Consolidate the debt facing third world nations.
Collect the interest on loans made by the World Bank to third-world nations.
A firm that would like to develop a global supply chain would:
Manufacture components or supplies in other countries.
Sell raw materials, components or supplies produced at home abroad.
-Purchase raw materials, components, or supplies from sellers in other countries.
Check products that were manufactured abroad for defects in their home country.
A firm that has global operations has:
All of their manufacturing and service operations abroad.
-Some or all of their manufacturing or service operations abroad.
Manufacturing but not service operations abroad.

Service but not manufacturing operations abroad.


A society where economic power is concentrated in the hands of government
officials and political authorities is called:
-A central state control system.
A social democracy.
A political control system.
A military dictatorship.

According to the scholar Simon Zadek six benefits of social audits include all of the following
except.
Helping businesses know what is happening within their firm.

Understanding what stakeholders think about and want from the business.

Strengthen the loyalty and commitment of stakeholders.

Outperforming competitors financially in a businesses industry.


Some companies have created a department of corporate citizenship to:
Adopt the United Nations Global Compact Principles.

Decentralize under common leadership wide-ranging corporate citizenship functions.

Centralize under common leadership wide-ranging corporate citizenship functions.

Narrow the job of the public relations office.


This Switzerland-based pharmaceutical firm was an early adopter of the Global Compact and
used it to update its code of conduct.
Novartis.

Bayer.

Johnson & Johnson.

The Gap.
The Universal Declaration of Human Rights states that each person:
Has a right to life, liberty and the pursuit of happiness.

Is created equal in the eyes of the government.

Has the right to a standard of living adequate for the health and well-being of himself and
of his family.

Has the right to a standard of living that meets each countries minimum wage law.

Companies see the need to build more coherent initiatives as they move into the:
Innovative stage.

Integrated stage.

Engaged stage.

Transforming stage.

Anti-spam legislation was passed by which country making it a crime to send unsolicited e-mail
messages to peoples private e-mail addresses or cell phones:
United States.

Japan.

United Kingdom.

Germany.
The primary difference between a blog and a vlog is:
Vlogs are always paid for by companies; blogs are subsidized by the government.

Blogs are primarily web-based journals while vlogs are primarily video web logs.

Blogs have no ethical dilemma attached to them while vlogs have a blurred ethical line.

People who vlog are required to disclose to the Federal Trade Commission any connection
with the companies they vlog about, but bloggers are not.
The self-reinforcing feature of technology means that:
Civilization develops at an uncontrollable pace.

Developing economies demand newer and larger innovations.

Technology acts as a multiplier to encourage is own faster development.

An invention in one place is localized only.

In a study of CIOs from around the world, McKinsey & Company found that most CIOs reported
to their:
Chief executive officer.

Chief financial officer.

Chief operating officer.

Managing supervisor.

The Childrens Online Privacy Protection Act of 1998 requires:


Commercial Web sites to collect a verifiable form of consent from the parent or guardian
of any user below the age of 13.

Web site operators to adhere to federal restrictions, even if the Web site is operated from
outside the United States.

Neither of the above.

Both of the above.

The National Security Agency monitors the Perfect Citizen program thats designed to protect
against cyber assaults on:

Websites for children.

Electricity grids and nuclear power plants.

University and hospital records.

None of the above.


This international gathering brought together leaders from the United States and 27 European
countries to address the global nature of cyberattacks:
Cyberattack Awareness Day.

Anti-cyber International.

International Defense Against Web Attacks.

Data Privacy Day.

Question 1
0 out of 1 points

A group of people who leap to the most dreadful conclusions while researching health matters
online are called:
Selected Answer:
Hypochondriac.

Answers:
Hypochondriac.

Cyberchondriacs.

Hyperchondriac.

Internetchondriac.

Question 2
1 out of 1 points

Which of the following is not true about the service phase of technology?
Selected Answer:
It dominated from 1900 to 1960.
Answers:
It was the fourth phase in the development of technology.

It emphasized providing services.

It required manual and intellectual skills.

It dominated from 1900 to 1960.

Question 3
1 out of 1 points

In 2009 the U.S. government announced plans to spend how much to spur the use of digital or
electronic patient records, as part of a national effort to reduce medical costs?
Selected Answer:
19 billion.
Answers:
19 million.

19 billion.

119 billion.

1 trillion.

Question 4
1 out of 1 points

According to the text, despite the world becoming more hyper-connected, this region still
suffers from an important lag in adopting information and communication technology.
Selected Answer:
Latin America.

Answers:
Eastern Europe.

Asia.

Latin America.

West Africa.

Question 5
1 out of 1 points

Technology is an unmistakable ethical force, but not an economic or social force, in the world
where we live.
Selected Answer:
Answers:

False
True
False

Question 1

1 out of 1 points

Sometimes national leaders resist the notion of international regulation, seeking to control
matters of commerce themselves within their own countries.
Selected Answer:

True

Answers:

True
False

Question 2

1 out of 1 points

Deregulation is often:
Selected Answer:

A politically popular idea.


Answers:

A politically popular idea.


A politically unpopular idea.
Seen during a Democratic federal administration.
Found in European countries but not in the United States.
Question 3

0 out of 1 points

Which of the following is not an example of a social regulatory agency?


Selected Answer:

National Highway Traffic Safety Administration.


Answers:

Consumer Product Safety Commission.


Equal Employment Opportunity Commission.
National Highway Traffic Safety Administration.

National Labor Relations Board.


Question 4

1 out of 1 points

By raising and lowering the interest rates at which private banks borrow money from the
government, the Federal Reserve Bank:
Selected Answer:

Both A and B, but not C.


Answers:

Influences the size of the nations money supply.


Influences the value of the dollar.
Minimizes investor confidence about the nations future.

Both A and B, but not C.


Question 5

1 out of 1 points

Public policy effects are:


Selected Answer:

Sometimes intended and sometimes unintended.


Answers:

Impossible to measure.
Easily quantifiable for the trained public policy expert.
Only known ten years after the public policy is enacted.

Sometimes intended and sometimes unintended.


1 out of 1 points

Government and business together establish the regulatory rules under which business
operates in society.
Selected Answer:

False

Answers:

True
False

Question 2

1 out of 1 points

When a government orders companies not to conduct business in another country because of
a war, human rights violations, or lack of a legitimate government; these orders are called:
Selected Answer:

Economic sanctions.
Answers:

Government bailouts.
Political sanctions.

Economic sanctions.
Government stop-orders.
Question 3

1 out of 1 points

Managers understanding of government regulations is:


Selected Answer:

Both a domestic and international issue.


Answers:

Both a domestic and international issue.


Primarily a domestic issue.
Primarily an international issue.
An international issue only for large firms.
Question 4

1 out of 1 points

In 2012 the European Union imposed a carbon emissions fee on all airlines flying in and out
of EU airspace that:
Selected
Answer:

Answers:

Generated great opposition from more than two dozen countries.


Successfully raised funds through fees to limit greenhouse gas emissions.
Garnered great support from the Chinese and U.S. governments.

Generated great opposition from more than two dozen countries.


Effectively eliminated green house gas emissions in its airspace.
Question 5

1 out of 1 points

Deregulation has occurred in the following industries:


Selected
Answer:

Answers:

Commercial airlines, railroads, and financial institutions.


Commercial airlines, sheet metal, and interstate trucking.

Commercial airlines, railroads, and financial institutions.


Commercial airlines, interstate trucking, and silicon chip manufacturing.
Financial institutions, railroads, and silicon chip manufacturing.

The mission of the Securities and Exchange Commission (SEC) is to:


Protect shareholders rights by making sure that stock markets are run fairly.

Protect companies from hostile takeovers.

Ensuring that institutional investors do not take control of company management.

Ensuring that the federal treasury receives its share of the revenues from stock trading.
Online shoppers have always been concerned that:
They receive online ads for products similar to the ones they bought earlier on the Web.

Their favorite Web sites provide a large variety of products and services.

The government might become overly involved in protecting consumer privacy.

Information they reveal in the course of a sales transaction might be misused.

In the United States, which of the following agencies enforces the laws prohibiting deceptive
advertising?
Congress.

Consumer Product Safety Commission.

Federal Trade Commission.

Department of Justice.
Under what legal doctrine does a firm bear legal responsibility for injuries caused by something
it made or sold, whether or not it was negligent or breached a warranty?
Strict
liability.

A strong employer-employee relationship is central to:


Achieving a corporations goals of economic production.

Satisfying the wishes of those who contribute their skills and talents to the
company.

Increasing the gross domestic product of a nation.

Both A and B, but not C.

Where are workers not permitted to form independent unions?


United States.

Communist countries.

Military dictatorships.

Both B and C, but not A.

Polygraph testing:
Is encouraged by the Employee Polygraph Protection Act of 1988.

Is used by 85 percent of U.S. companies as a pre-employment screening procedure.

Has been replaced by written psychological tests.

Is used by 85 percent of U.S. companies to discover employee theft.

During the 1930s, many workers in the United States joined unions, and the ranks of organized
labor grew rapidly. This historical period was called:
The Fair Deal.

The New Deal.

The Progressive Era.

The Age of Unionization.

Which of the following is true about romantic relationships in the workplace?


Most businesses have strict policies forbidding all romantic relationships in the workplace.

OSHA requires businesses to forbid workplace romantic relationships.

Many companies allow managers to become romantically involved with subordinates, so


long as they do not supervise them directly.

Many companies allow employees to marry if both have been working at the company for
at least 5 years.
Question 1

1 out of 1 points

The act that requires lenders to inform borrowers of the annual rate of interest to be charged,
plus related fees and services charges is called:
Selected Answer:

The Truth in Lending Act.


Answers:

The Consumer Protection Act.


The Product Safety Act.

The Predatory Mortgage Act.

The Truth in Lending Act.


Question 2

1 out of 1 points

The law requiring that toys and infant products be tested before sale is called the:
Selected Answer:

Consumer Product Safety Improvement Act.


Answers:

Child Safety Act.


Strong Product Safety Bill.

Consumer Product Safety Improvement Act.


Uniform Safety Testing Bill.
Question 3

1 out of 1 points

Manufacturers making false or misleading claims about a competitors product is:


Selected Answer:

Illegal and unethical.


Answers:

Illegal but ethical.

Illegal and unethical.


Legal but unethical.
Legal and unethical.
Question 4

0 out of 1 points

The right to be heard assures that consumers interests will:


Selected
Answer:

Be protected against fraudulent or misleading information.

Answers:

Receive full and sympathetic consideration.


Be protected against fraudulent or misleading information.
Be assured satisfactory quality and service at a fair price.
Be given all the facts to make an informed choice.
Question 5

1 out of 1 points

In the consumer self-help approach to protecting consumer privacy rights, new government
regulations will protect the consumer online.
Selected Answer:
Answers:

False
True

False

1 out of 1 points

Public policies and government regulations are shaped by:


Selected Answer:

All of the above.


Answers:

Business.
Special interest groups.
Government.

All of the above.


Question 2

1 out of 1 points

The National Energy Plan signed into law by President Bush:


Selected Answer:

Extended daylight savings time 4 weeks.


Answers:

Extended daylight savings time 11 weeks.


Shortened daylight savings time 5 weeks.

Extended daylight savings time 4 weeks.

Was opposed by the barbecue industry.


Question 3

1 out of 1 points

Economic leverage occurs when a business uses it economic power to:


Selected
Answer:

Answers:

Threaten to leave a location unless a desired political action is taken.


Hire lobbyists to gain a desired political action.
Pay for the costs of regulation to acquire a desired political action.

Threaten to leave a location unless a desired political action is taken.


Buyout another firm to acquire a desired political action.
Question 4

1 out of 1 points

When a business seeks to overturn a law after it has been passed or threatens to challenge the
legal legitimacy of the new regulation in the courts, this is called:
Selected Answer:

Legal challenges.
Answers:

Accumulating.
Overturn lobbying.

Legal challenges.
Funneling.
Question 5

1 out of 1 points

In many countries, the political environment has a select few participants.


Selected Answer:
Answers:

False
True
False

Question 1

1 out of 1 points

When boards of directors meet without management present, they are more likely to have
completely candid discussions about a companys affairs.
Selected Answer:

True

Answers:

True
False

Question 2

1 out of 1 points

Which of the following is a key feature of effective boards of directors?


Selected
Answer:

Hold regular meetings without the CEO present.

Answers:

Hold regular meetings without the CEO present.


Fill all important positions on the board with managers with insider
knowledge of the firm.
Combine the duties of the board chairman and the chief executive.
Ensure that no outside members are included on the board.
Question 3

1 out of 1 points

By 2010, out of the 100 largest US companies, how many had separated the positions of CEO
and board chairman?
Selected Answer:

Thirty-one.
Answers:

Seven.
Fifteen.

Thirty-one.
Sixty.
Question 4

1 out of 1 points

Social investors seek to eliminate from their investment portfolios companies that:

Selected Answer:

All of the above.


Answers:

Pollute the environment.


Discriminate against employees.
Make dangerous products like tobacco or weapons.

All of the above.


Question 5

1 out of 1 points

How are directors (members of corporate boards) selected?


Selected
Answer:

Shareholders elect the directors from a list of candidates.

Answers:

Shareholders elect the directors from a list of candidates.


The companys CEO appoints the directors.
The nominating committee elects the directors.
Shareholders with the greatest proportional ownership in the
company become directors.

Which of the following is not true about employee


theft?
Selected

Answer:

Almost half of all inventory losses are


due to employee theft in the U.S.

Answers:

Almost half of all inventory losses are


due to employee theft in the U.S.
It is a significant economic, social, and
ethical problem in the workplace.

Almost half of all employees have


stolen from an employer at least once
in his or her career.
Employees damage coworkers and
their employers by stealing from the
company.
Question 2

1 out of 1 points

According to the US Department of Labor:


Selected
Answer:

Answers:

Both A and C, not B.


Annually, more than 3 million workers in private industry are hurt or
become ill on the job.
Annually, more than 3 million workers in public industry are hurt or
become ill on the job.
Three out of every 100 workers are hurt or become ill on the job annually.

Both A and C, not B.


Question 3

1 out of 1 points

Since the mid-1950s the proportion of American workers represented by unions has:
Selected Answer:

Decreased.
Answers:

Decreased.
Increased.
Remained about the same.
Grown only in the manufacturing sector.

Question 4

1 out of 1 points

Which of the following is (are) true about Employee Assistance Programs (EAPs)?
Selected
Answer:

Answers:

All of the above.


They offer counseling and follow-up to alcohol abusers.
Roughly 90 percent of employers offer EAPs for alcohol users.

In general, EAPs have been very cost-effective.

All of the above.


Question 5

0 out of 1 points

Most management experts recommend that employers let employees know whenever they are
being electronically monitored.
Selected Answer:

True

Answers:

True
False

Question 1

1 out of 1 points

According to a recent study, nearly all companies test employees or job applicants for drugs.
Selected Answer:

False

Answers:

True
False

Question 2

1 out of 1 points

Privacy rights seek to protect the employees private lives from:


Selected Answer:

Intrusive and unwarranted business actions.

Answers:

Competitors actions.
Workplace violence.

Intrusive and unwarranted business actions.


Pressure to unionize.
Question 3

1 out of 1 points

According to the US Department of Labor:


Selected
Answer:

Answers:

Both A and C, not B.


Annually, more than 3 million workers in private industry are hurt or
become ill on the job.
Annually, more than 3 million workers in public industry are hurt or
become ill on the job.
Three out of every 100 workers are hurt or become ill on the job annually.

Both A and C, not B.


Question 4

1 out of 1 points

When an employee believes their employer has done something that is wrong or harmful to
the public, and he or she reports alleged organizational misconduct to the media, government,

or high-level company officials, what has occurred?


Selected Answer:

Whistle-blowing.
Answers:

Insider trading.
Hot-lining.

Whistle-blowing.
Snitching.
Question 5

1 out of 1 points

The Council of Economic Priorities has developed a set of workplace rules called:
Selected Answer:

Social Accountability 8000.


Answers:

ISO 9000.

Social Accountability 8000.


Global Compact.
Caux Roundtable.