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Exam 10: Business Ethics/Social Responsibility/Environmental Sustainability

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Question 21

Multiple Choice

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

A) moving jobs overseas.
B) preventing environmental harm.
C) overpricing.
D) sexual harassment.
E) insider trading.

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Question 22

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

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Question 23

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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.

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.

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

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.

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

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

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

Having a code of ethics ensures ethical business behavior.

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

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

Special natural environment issues include all of the following except:

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

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

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

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

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