BUS 345 Final Exam MC Practice
Terms in this set (191)
The Enron Era brought about a broad range of legal and ethic charges that included all the following except
building company assets
The Wall Street fmancial scandals involved all the following except
At the macro level, big business is being questioned for its:
An NBES Survey concluded that ethical misconduct
at work was down slightly
There is no doubt that the media are
reporting ethical problems more frequently and fervently.
Public opinion polls regarding business ethics are
difficult to assess because the media keeps ethics scandals in the public eye.
The former CEO of Bendix Corporation blames the apparent decline in business's ethical behavior on
the contexts in which corporate decisions are made.
One of the functions of corporate governance is
oversight of senior managers
The discipline that deals with what is good and bad and with moral duty and obligation is
A doctrine or system of moral conduct is called
Business ethics is
concerned with right and wrong behavior within a business context.
Concepts of right and wrong are increasingly being interpreted today to include all of the following except
The area of ethics that is concerned with supplying and justifying a coherent moral system of thinking and judging is called
Which of the following is not one of the major approaches to thinking about business ethics?
rights and duties approach
The focus of descriptive ethics is on
learning what is occurring in the realm of moral behaviors and practices.
The approach to business ethics in which we compare a decision or practice to prevailing norms of acceptability is the
The minimum standard of ethical behavior can be thought of as
adhering to the law
Which of the following is not an element of making ethical judgments?
awareness of the moral implications of a situation
The most serious danger of using the conventional approach to business ethics is
lapsing into ethical relativism.
All of the following are questions that capture the central meaning of ethics except
Questions about business ethics can be asked at any of the following levels except
The normative question of ethics is
what ought to be?
The ethics question "how do we get from what is to what ought to be?" is
The challenge in all managerial situations is take what can be done and what should be done and find
Which of the following is not a model of ethical management provided in the textbook?
The model of ethical management that implies a positive and active opposition to what is right is called
The ethical management model that conforms to high standards of behavior or professional standards of conduct is
The model of ethical management in which managers fail to take morality into account when making decisions is
The key operating question of immoral management is
can we make money with this action, regardless of what it takes?
The key operating question of moral management is
will this action be fair to all stakeholders?
The key operating question of amoral management is
can we make money with this action?
The "integrity strategy" espoused by Lynn Sharp Paine is similar to the
moral management model
Managers who believe that business decisions are not subject to moral constraints tend to utilize the
intentional amoral management model.
Managers who simply fail to consider moral questions when making business decisions use the
unintentional amoral management model.
Which of the following is not a structural aspect of unconscious accounting bias?
The population hypothesis regarding ethical management models is
the three models approximate a normal, bell-shaped curve.
The individual hypothesis regarding ethical management models is
that individuals managers utilize all three of the models at different times and situations.
Lawrence Kohlberg's model of moral development includes all of the following levels except
law and order morality.
Which of the following is not a source of a manager's values that is external to the firm?
The sense that concern for fairness, justice, and due process to people, groups, and communities should be woven into managerial decision-making is called
Moral imagination is:
being able to see economic and moral relationships
An element of moral judgment is all the following except
According to research done by David Callahan, all of the following are reasons why cheating is on the rise except
Which of the following is not a level at which ethics may be addressed?
The personal level of ethical challenges include situations we face in our personal lives
outside of the work context.
Ethical issues at the organizational level
confront people in their roles as managers or employees.
Which of the following is not an act of misconduct commonly observed in the workplace?
Ethical issues at the industry level
can also be related to a specific profession.
Which of the following is the most basic assumption we make in discussing personal and managerial ethics?
people want to behave ethically
Decisions about ethical situations often present a(n)
conflict of interest
An ethical concept or rule that helps the decision maker take an ethical course is called a(n)
Teleological theories focus on
Ethical theories that focus on duties are called
The ethical principle that states, "we should always act so as to produce the greatest ratio of good to evil for
Kant's categorical imperative argues that one's sense of duty is derived from
Which of the following is not a formulation of Kant's categorical imperative?
Act only according to that maxim by which you increase the overall happiness of everyone affected by your action.
Kant's categorical imperative emphasizes all of the following concepts except
are important, justifiable claims.
The basic idea that underlies the principle of rights is that
they cannot be overridden by utility.
Which of the following is not a type of justice mentioned in the textbook?
The ethics of care may help managers utilize
the stakeholder perspective
Unlike other ethical principles, virtue ethics focuses on
the individual becoming virtuous.
The key to the Golden Rule is
Reasons to use the Golden Rule as an ethical principle include all of the following except
it is a uniquely Christian principle.
The Rawls Principle of Justice indicates that we need a fair method by which we may choose the principles through which conflicts will be resolved. Which of the following is not a principle of justice underlying his theory?
public policy should raise as high as possible the social and economic well-being of society's best-off individuals.
The test of one's best self relies on one's
One of the most powerful ethical tests is the test of
making something public
The top factor in managers' unethical behaviors is consistently cited as
behaviors of superiors
Based on surveys of managers, the society's moral climate appears to
serve as a background factor in managers' decisions.
The moral tone of an organization is set by
The pressure to compromise one's personal ethical standards is felt most by
lower level managers
The most important factor in ethical leadership is
what leaders do
Ethical leadership is founded on two pillars. These are
the manager as a moral person and a moral manager.
The three attributes of being a moral person include all of the following except
Being a moral manager involves all of the following activities except
Being forthright, sincere, and honest in communicating with others is referred to as
refers to a quality, characteristics, or state in which activities, processes, practices, and decisions in companies become open or visible to the outside world.
A growing school of thought argues that should be made part of management training, executive development programs, and business school education.
Each of the following are characteristics of servant leaders except:
An ethics screen is
a set of select standards against which the proposed action is compared.
The critical factor in the success of codes of conduct is
whether or not the codes become "living documents."
Moral organizations are
fully populated by moral managers making moral decisions.
Which of the following is not an element of effective ethics programs?
delegation of authority
Which of the following is NOT a way of perceiving ethical codes?
as a compass
International markets must be pursued if firms want to remain
Peter Drucker has labeled the expanded global marketplace the
Which of the following is not a feature of the global economy?
international laws governing fair trade
The process by which firms increase their awareness of the influence of international activities on their future and establish and conduct transactions with firms from other countries is known as
Economic integration of many formerly national economies into one worldwide economy is called
The criticism of their use of sweatshops has led MNCs to do all of these things except:
create the Fair Labor Association (FLA).
Moving jobs that have historically resided in the home country to a lower-cost host country is called
The FCPA differentiates between:
bribes and grease payments
The most challenging situation for an MNC to face is
operating in less-developed countries.
The philosophy of Western industrialized nations and their MNCs includes all of these factors except:
The advantages of offshoring to developing countries have been:
In the 1970s, because of the differing safety standards around the world, American firms:
took all of these actions
Which of the following is not one the broad issues facing MNCs in their relationships with host countries?
religious and other traditional holidays
Ethical issues in the global environment include all of these except:
Major strategies MNCs may use to conduct global business, but still maintain an ethical sensitivity include all of these
modify or redesign products.
Regarding the infant formula controversy, Nestle was criticized for all of these actions except:
providing purified water with the formula.
All of the following groups have criticized MNC labor practices except
Which of the following is not a characteristic of sweatshops?
Which of the following is not an SA8000 standard proposed to improve sweatshop conditions?
provision of educational opportunities for workers
All of the following are proposed standards for the SA8000 program, to improve sweatshop conditions, except
providing retirement benefits
The Alien Tort Claims Act applies to:
actions that occur on U.S. soil.
U.S. based MNCs are increasingly interested in cases brought under the Alien Tort Claims Act because
they are increasingly being named as defendants in tort cases for doing business in countries with repressive governments.
Which of the following is not an example of corruption?
negotiating for the lowest price on a contract
All of the following are arguments in support of bribery except
it is a way of providing needy foreigners with money they need.
Which of the following is not an argument commonly used against bribery?
Bribes are unfair because foreigners can get them, while U.S. citizens cannot.
The Foreign Corrupt Practices Act
makes it illegal for the representative of an American corporation to offer or pay officials of foreign governments for the purpose of getting or maintaining business.
The Foreign Corrupt Practices Act allows
Payment of a bribe implies some type of
quid pro quo.
Which of the following is not part of the anticorruption movement?
World Trade Organization
In 2012, the United States' rank in the Corruption Perception Index was:
in the top 20.
Global trade is:
The position that advocates that an MNC should continue to follow its home country's ethical standards even while operating in another country is known as
The position that advocates that an MNC follow the host country's ethical standards is called
Which of the following is not one of home/host stakeholder pressures?
Current standards for SA800 include all the following except
Arguments against bribery include all the following except
managers can deal with corrupt governments
Which of the following is not a strategy for improving global business ethics?
imposing the home country's ethical standards on the host country
The ethics and global strategy plan for improving global business ethics has as its central idea
utilizing ethical standards as significant inputs into top-level strategy formulation and implementation.
An attempt to assess the underlying moral justifications for corporate actions and the consequent results of those
actions are contained in
ethical impact statements.
Arguments in favor of bribery include
necessary for profit
Multinational corporations are all of the following except
Grease payments are all of following except
monies given to high ranking officials
Government intervention in business began with
a push for tariffs.
The reason that the United States government passed anti-trust legislation was
due to the anti-competitive practices of some large trusts.
Government's new role in its relationship with business during the New Deal era was one of
restoring prosperity and promoting economic growth.
Most Congressional legislation before the 1950s that affected business was
economic in nature.
After the 1950s, most Congressional legislation that affected business was
concerned largely with the quality of life.
Modern goals for business include all of the following except
promoting the social welfare
The clash of ethical systems between government and business is centered around
individualist and collectivist ethics.
Business generally follows the ethic of
Government is generally thought to follow the ethic of
Which of the following is not mentioned as a frustration executives have with government officials, according to a recent McKinsey survey?
Concerned that government aims to redistribute the balance of wealth
Which of the following is not a method that government uses to influence business?
The public and government use all of the following methods of influencing each other except
Every form of state intervention that affects industry as a distinct part of the economy is called
The question of whether current public functions should be performed by the government or private sector is addressed by
Arguments for industrial policy include all of the following except
Arguments against industrial policy include all of the following except
The need to rescue "sunset" industries.
A strong industrial policy:
helps firms compete in a fast-moving global economy.
Industrial policy is:
a powerful nonregulating approach by government to influence business.
There has always been a strong reaction in the United States to any form of industrial policy because:
It conflicts with the widely held view of government's role in the economy.
The opposite of privatization could be considered
Government influences business through all of the following nonregulatory methods except
requiring equal employment opportunities be granted to job applicants.
Government payments to industries or groups with special qualifications are called
Government attempts to persuade business to act in the public interest are called
All of the following are reasons that government regulation of business is needed except
maintain competitive markets.
Government regulations have been criticized for all the following reasons except
The act of governing or bringing under the control of law or constituted authority is called
The primary reason for government regulation of business is
Which of the following is not a major reason given for governmental regulation?
maintaining a trade surplus with foreign countries
A market in which the economies of scale are so great that the largest firm has the lowest costs and is able to drive out competitors is called a(n)
Government intervention in monopolistic industries is often brought about by
Negative externalities are often referred to as
Government regulation of business through the control of economic or market variables is a form of
Governmental regulations that seek to further societal objectives are examples of
Social regulation's focus on people encompasses their roles as all of the following except
The newest type of social regulations is concerned primarily with
The dilemma of regulation is the tradeoff between
effective control and the burden placed on firms.
Which of the following is not considered a part of the induced costs of regulation?
the effect on consumers
The primary purpose of deregulation is to
remove certain industries from old-line economic regulations.
The dilemma of deregulation is
to enhance competition within the industry without sacrificing applicable social regulations.
Which of the following industries has not been affected by deregulation?
Which of the following is not a role increasing government's complex relationship with business?
government cannot have buying power
Which of the following is not a concern expressed by executives about government involvement in business?
U.S adults said government should do more
The newer form of industrial policy is exemplified by:
Robert Reich's book, "American Frontier."
Arguments against privatization include all of these except:
Which of the following is not an effect of induced costs?
new agencies may be created.
The top PAC contributor during 2011-2012 was:
National Association of Realtors
The National Federation of Independent Businesses (NFIB) attributes its newfound power to
its success at grassroots lobbying.
The channels through which corporations can make political contributions are.
many and varied.
The central product of the new breed of lobbyist is
The process of mobilizing individual citizens who might be most directly affected by legislative activity to political action is called
Lobbying efforts that do not represent the genuine concerns of the citizens supposedly involved is called
Lobbying takes place at all of the following levels except
Which of the following conditions is not conducive to the effectiveness of PAC contributions?
when the issue is highly visible
When a business assumes an advocacy role for its interests, it is
doing what is normal and expected
Using the Internet to communicate with grassroots supporters and enable them to contact their legislators is termed
Lobbyists often provide all of the following services, except:
conduct indirect-mail campaigns
Which of the following is not an umbrella organization?
Pharmaceutical Research and Manufacturers of America
Business lobbyists do all of the following things for their clients except
audit the effects of passed legislation
Universities do more lobbying when congressional appropriations committee members serve the districts in which they are located. This targeted lobbying is
The Business Roundtable is an association of
CEOs of leading companies
The power of businesses to drive the political agenda in Washington, D.C. is now
One recommendation to make cyberadvocacy more effective is for advocates to
make their e-mails targeted to the recipient and specific in nature
Distinct groups or parties that realize they have something in common, so that it makes sense for them to join forces, typically form
Regarding the independence of SuperPacs from the political candidates they support, it is most correct to say:
they coordinate with the political candidate of their choice behind closed doors
When a firm advocates for its own special interest, it is