Chapter 4 Quiz

Navigation » List of Schools » Saddleback College » Business » Business 1 – Introduction to Business » Spring 2020 » Chapter 4 Quiz

Need help with your exam preparation?

Existing Quiz Clients Login here

Below are the questions for the exam with the choices of answers:

Try The Exam

Question #1

The green movement

A has created jobs.

B will never benefit a firm financially.

C is benefiting all firms financially.

D is not a good strategic consideration for contemporary firms.

Question #2

Which of the following is a reason why a business should be managed ethically?

A It’s the right thing to do.

B It’s the law in the U.S.

C There are strict global regulations require it.

D Your employees demand it.

Question #3

A recent study revealed that most Americans have

A a strong desire to do what is right.

B a great desire to help their community.

C few moral absolutes.

D strong moral values.

Question #4

________ refers to standards of moral behavior.

A Integrity

B Legality

C Ethics

D Responsibility

Question #5

Which of the following is an unresolved ethical issue that surrounds global trade?

A Labor standards

B Time to market issues

C Transportation issues

D Product quality

Question #6

An ethical dilemma refers to a situation where you must

A treat someone unfairly.

B choose between a correct and an incorrect option.

C balance the concerns of profit and legality.

D choose between equally unsatisfactory alternatives.

Question #7

A(n) ________-based ethics code defines corporate values, creates a supportive environment, and stresses shared accountability among employees.

A corporate responsibility

B integrity

C compliance

D social

Question #8

Laws represent the standards of ________ behavior.

A legal

B ethical

C socially responsible

D moral

Question #9

Which of the following questions can help us avoid a decision that would injure our self-esteem?

A How can I avoid taking the blame?

B Is it balanced?

C How will it make me feel about myself?

D Is it legal?

Question #10

Many individuals today believe that ethical behavior is determined by what is best for them at the time. This is an example of

A moral absolutes.

B situational ethics.

C new age realism.

D the Golden Rule.

Question #11

The social audit is

A a company report that always includes a net social contribution.

B a company evaluation that measures the firm’s social contributions inside and outside of the firm.

C a recent development that creates a ratio to compare a firm’s corporate philanthropy to its profits.

D a government-mandated report required of all firms that have a business license.

Question #12

When it comes to social responsibility, some people feel that “before you can do good, you must do well.” This reflects a firm’s primary responsibility to its

A community

B investors.

C customers.

D employees.

Question #13

One factor causing businesses to vigorously enforce ethical standards is the

A fear of negative publicity.

B desire to eliminate employee turnover.

C focus on criminal penalties.

D evasion of social audit measurements.

Question #14

When Blake Mycoskie started TOMS, he took the concept of ________ to a new level. With its well-known “one for one” shoe giving program, TOMS social causes are directly related to the firm’s expertise of selling shoes.

A corporate policy

B social auditing

C corporate philanthropy

D corporate social initiative

Question #15

As a recent college graduate, Jonah started working for an export trading company. His job has already taken him around the globe, including Asia on several occasions. He was amazed to see the difference in working conditions in the developing nations he visited, as opposed to similar operations in the United States. The expectations of workers were not the same. Jonah’s experience is an example of

A the need for whistleblowers abroad.

B social responsibility differences between similar firms, but in different countries.

C differences in corporate social initiatives in foreign nations.

D corporate philanthropy differences in different countries.

Question #16

The boxed material entitled Reaching Beyond Our Borders that told the story about Joe, the telecommunication employee, suggests that U.S. firms operating overseas are

A exploiting employees by working them long hours at low pay.

B not as flexible on social issues as local employees would like them to be.

C responding to their stockholders’ desire for profits.

D complying with the ethical standards of the people they employ, in the countries in which they are operating.

Question #17

Ethical dilemmas in business

A define us as being moral absolutists or moral situationalists.

B often force us to choose between equally unsatisfactory alternatives.

C always end up bringing out the best in us.

D force us to make poor choices.

Question #18

When working with international firms, U.S. businesses

A try to avoid judging our international business partners by U.S. standards.

B tend to ignore the ethics of their international partners.

C expect socially responsible behavior from their business partners.

D feel that their responsibility is limited to the United States.

Question #19

Corporate social responsibility describes the firm’s

A concern for the welfare of society.

B ability to plan for the unexpected.

C commitment to a management training program.

D exclusive responsibility to its stockholders.

Question #20

Obeying the law is ________ ethical behavior.

A the opposite of

B unlikely to lead to

C the first step toward

D essentially the same as

Try The Exam

Fresh Grad Lands Job as Real Estate Agent With Help from Professional Writers

Need help with your exam preparation?

Below are the questions for the exam with the choices of answers:

Christian S.

Tyra

Linda

Manush

We accept payment