Stakeholders are considered more important to an organization.Explain why.

Stakeholders are considered more important to an organization.Explain why.

Question 1

A firm that has become a “neighbor of choice”
builds and sustains ________ within the community.

• a)
Commitment

• b)
Trust

• c)
Educational opportunities

• d)
Political clout

Question 2

According to utilitarianism:

• a)
An action is morally right if it results in the greatest amount of good
for the greatest amount of people affected by the action.

• b)
An action is morally right if it results in the greatest amount of good
possible in the given situation.

• c)
If you behave morally, you are serving the community.

• d)
An action is morally right if it results in the least amount of
negativity possible.

Question 3

Morality is best defined as:

• a)
What is considered as correct within a society.

• b)
Making the right decision’s where there is a chance to do wrong.

• c)
Defining what is right and wrong for an individual or a community.

• d)
Where individuals have a conscious choice to make a right and ethical
decision.

Question 4

Most companies begin the process of establishing
organizational ethics programs by developing:

• a)
Ethics training programs

• b)
Codes of conduct

• c)
Ethics enforcement mechanisms

• d)
Hidden agendas

Question 5

Stakeholders are considered more important to an
organization when:

• a)
They can make use of their power on the organization.

• b)
They do not emphasize the urgency of their issues.

• c)
Their issues are not legitimate.

• d)
They can express themselves articulately.

Question 6

The ability to interpret and adapt successfully to different
national, organizational, and professional cultures is called:

• a)
National competitiveness

• b)
Global development

• c)
Cultural intelligence

• d)
Stakeholder sensitivity

Question 7

The absolutist/cognitive perspective divides into:

• a)
Ethical relativism/Non-relativism

• b)
Cognitivism/Non-cognitivism

• c)
Consequentialists/Non-consequentialists

• d)
External/Internal

Question 8

The area where ethics and law overlap is called:

• a)
Yellow area

• b)
White area

• c)
Black area

• d)
Grey area

Question 9

The community relations function should develop community
mission statements, assess opportunities, and identify priorities for the types
of contributions a business will make by:

• a)
Consistently privileging one stakeholder group.

• b)
Considering only internal constituents.

• c)
Remaining independent of all stakeholder groups.

• d)
Cooperating with various internal and external constituents.

Question 10

The first step in the auditing process should be to secure
the commitment of:

• a)
employees

• b)
top executives and directors

• c)
stockholders

• d)
customers

Question 11

The ________ dimension of social responsibility refers to a
business’s societal contribution of time, money, and other resources.

• a)
ethical

• b)
philanthropic

• c)
volunteerism

• d)
strategic

Question 12

To be successful, business ethics training programs need to:

• a)
Focus on personal opinions of employees.

• b)
Be limited to upper executives.

• c)
Educate employees on formal ethical frameworks and models of ethical
decision making.

• d)
Promote the use of emotions in making tough ethical decisions.

Question 13

Virtue ethics:

• a)
Assumes good businesses will make good decisions.

• b)
Assumes good government good ethical practices on their businesses.

• c)
Assumes good persons will make good decisions and personal qualities
affect decisions.

• d)
Assumes good persons will make good decisions but it has nothing to do
with personal qualities.

Question 14

What are ethical theories?

• a)
Ethical theories are conduct that should be followed in order to have
good ethical practice.

• b)
Ethical theories are the rules and principles that determine right and
wrong for any given situation.

• c)
Ethical theories are ancient hypotheses on how to create good business
practice.

• d)
Ethical theories give guidelines on how to achieve a good corporate image.

Question 15

What is business ethics?

• a)
The study of business situations, activities, and decisions where issues
of right and wrong are addressed.

• b)
Defined as decisions organizations make on issues that could be
considered right or wrong.

• c)
Ethics that can be applied to an organization’s practices.

• d)
Ethical processes businesses use in order to achieve a good ethical
standard.

Question 16

What type of justice exists if employees are being open,
honest, and truthful in their communications at work?

• a)
Procedural

• b)
Distributive

• c)
Ethical

• d)
Interactional

Question 17

Which is NOT a reason a business engages in business ethics?

• a)
To recover a company’s image after a notorious business scandal.

• b)
To avoid the loss of a good corporate image or being sued for
misconduct.

• c)
To enhance global relationships.

• d)
To act with real commitment.

Question 18

Which is NOT a reason why business ethics is important?

• a)
Stakeholders increasingly demand ethical behavior.

• b)
Continued occurrence of ethical infractions shows it is needed.

• c)
Ethical companies have been found to be performers that are more
effective.

• d)
Ethical companies are more likely to achieve government funding and
local funds.

Question 19

Which of the following are considered ethics of justice?

• a)
Innocent justice, guilty justice, intuitional justice

• b)
Retributive justice, processes justice, compliant justice

• c)
Innocent justice, fraudulent justice, negligent justice

• d)
retributive justice, procedural justice, distributive justice

Question 20

Which of the following are Plato’s Virtues?

• a)
Wisdom, courage, self-control, and justice

• b)
Confidence, motivation, and control

• c)
Happiness, goodness, and love

• d)
Wisdom, confidence, happiness, and justice

Question 21

Which of the following is a problem presented by ethics audits?

• a)
They may be used to reallocate resources.

• b)
They identify practices that need improvement.

• c)
Selecting auditors may be difficult.

• d)
They may pinpoint problems with stakeholder relationships.

Question 22

Which of the following is NOT a driver of responsible
competitiveness?

• a)
Policy drivers

• b)
Development drivers

• c)
Business action

• d)
Social enablers

Question 23

Which of the following is NOT one of the primary elements of
a strong organizational compliance program?

• a) A
written code of conduct

• b)
An ethics officer

• c)
Significant financial expenditures

• d) A
formal ethics training program

Question 24

Which of the following is the best definition for “ethical”?

• a)
Global, strict, and absolute rules on right and wrong according to
ethical conduct.

• b)
Claims morality is context dependent and subjective there are no
universal right and wrongs that can be rationally determined.

• c)
Right and wrong is objective and determined by the organizations
culture.

• d)
Claims there are eternal, universally applicable moral principles. Right
and wrong are objective qualities.

Question 25

______________ are standards of behavior that groups expect
of their members.

• a)
Codes of conduct

• b)
Group values

• c)
Group norms

• d)
Organizational norms


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