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A new law requiring businesses to give 90 day notice of their plans to close an office or factory was recently enacted.This action indicates the public's desire for businesses to behave in a socially responsible manner.

A) True
B) False

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If a business fails in meeting its responsibilities to its employees,all of the following are likely to occur except:


A) reduced employee turnover.
B) disgruntled workers manipulating budgets and expenses.
C) a loss of employee commitment and trust in the company and its management.
D) employee retaliation by doing the minimum needed to get by.

E) B) and C)
F) C) and D)

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The majority of CEOs blame unethical employee conduct on:


A) the breakdown of traditional religious institutions.
B) a failure of leadership to establish ethical standards.
C) the increase in lawsuits used to avoid personal responsibility.
D) the nation's business schools that tolerate unethical behaviour in students.

E) A) and C)
F) None of the above

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Written ethics codes influence employees more than management's tolerance or intolerance of ethical misconduct.

A) True
B) False

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Environmental quality is considered to be a public good.This means that:


A) ultimately it is the public that pays for environmental clean-up.
B) businesses have a responsibility to minimize their environmental pollution.
C) everyone enjoys a cleaner environment regardless of who pays for it.
D) society places a higher value on private goods and services.

E) B) and D)
F) All of the above

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Ethical behaviour requires more than following the law.

A) True
B) False

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A(n) ________-based ethics code emphasizes the prevention of unlawful behaviour by increasing control and penalizing wrongdoers.


A) legal
B) corporate responsibility
C) compliance
D) integrity

E) All of the above
F) B) and C)

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Ethical problems and issues of social responsibility are:


A) unique to firms involved in global trade.
B) unique to Canada.
C) not unique to Canada.
D) less important now than in the past.

E) B) and D)
F) B) and C)

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At a recent town hall meeting,citizens expressed concern regarding the impact of a proposed new gambling casino.The owner of the proposed casino responds,"I don't know what all of this fuss is about.I'm just a businessman trying to earn a profit,provide new jobs,and pay taxes".His response reflects a commitment to corporate social responsibility.

A) True
B) False

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A problem with conducting a social audit is establishing procedures for measuring a firm's activities and its effects on society.

A) True
B) False

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When working with international firms,Canadian businesses:


A) tend to ignore the ethics of their international partners.
B) expect socially responsible behaviour from their business partners.
C) feel that their responsibility is limited to Canada.
D) try to avoid judging their international business partners by Canadian standards.

E) A) and B)
F) A) and C)

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


A) Is it legal?
B) Is it balanced?
C) How will it make me feel about myself?
D) How can I avoid taking the blame?

E) A) and B)
F) A) and C)

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Enforcement is perhaps the most important step in an effective code of ethics.

A) True
B) False

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Identify and discuss the four types of groups that serve as "watchdogs" regarding how well companies enforce their ethical and social responsibility policies.

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1)Socially conscious investors who insis...

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Corporate ________ encompasses various issues such as setting minority hiring practices,manufacturing safe products,and minimizing pollution.


A) responsibility
B) philanthropy
C) diversity
D) structure and strategy

E) C) and D)
F) All of the above

Correct Answer

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