3/17/22, 12:41 PM Midterm Exam: Attempt review

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UGRD-ETHICS6374-2123T /
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Midterm Exam

Started on Thursday, 17 March 2022, 11:46 AM

State Finished
Completed on Thursday, 17 March 2022, 12:40 PM
Time taken 53 mins 57 secs
Marks 48.00/50.00
Grade 96.00 out of 100.00

Question 1
Correct

Mark 1.00 out of 1.00

Accept terms and conditions are usually done as a part of joining procedure.

Select one:
a. False

b. True 

Question 2

Correct

Mark 1.00 out of 1.00

A document prepared to guide organization members when encountering ethical dilemmas is a

Select one:
a. list of rules and responsibilities

b. outline of expected behaviors

c. code of ethics 

d. code of conduct

Question 3
Correct

Mark 1.00 out of 1.00

Due Proces  This means that the government cannot take away the life, liberty, or property interest of a person.

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Question 4

Correct

Mark 1.00 out of 1.00

Which concerns does CSR address?

Select one:
a. Legal and Regular

b. Social and Environmental 

c. Moral and Ethical

d. Monetary and Profit

Question 5
Correct

Mark 1.00 out of 1.00

Which of the following statements is TRUE?

Select one:
a. The strategic argument that business should operate ethically focuses on broader social issues.

b. The strategic argument that business should operate ethically first appeared as an aspect of Five Forces according to Porter.

c. The strategic argument that business should operate ethically is a selective approach that argues that initiatives must benefit firms 
as well as society.

d. The strategic argument that business should operate ethically advocates a strategic prioritization of stakeholders.

Question 6
Correct

Mark 1.00 out of 1.00

Which of the following is NOT a way that companies can demonstrate social responsibility?

Select one:
a. Maximizing profits 

b. Donating funds to education

c. Implementing fair hiring practices

d. Reducing their environmental footprint

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Question 7

Correct

Mark 1.00 out of 1.00

A person who always makes use of the Character Approach will likely be considered dogmatic and hard to get along with.

Select one:
a. True

b. False 

Question 8
Correct

Mark 1.00 out of 1.00

What is social responsibility?

Select one:
a. A duty everyone has to peform so as to maintain a balance between the economy and the ecosystem

b. All of the answers are correct 

c. A way of conducting business through balancing the behavior of a company with the expectations of society.

d. An ethical ideology that an organization or individual has an obligation to act to benefit society

Question 9
Incorrect

Mark 0.00 out of 1.00

Which of the following statements is TRUE?

Select one:
a. A major problem with getting firms to operate ethically and responsibly is that the costs of not doing so are generally only a very small
percentage of their turnover.

b. Many major companies demonstrate their commitment to ethical and responsible business through the publication of a special annual
report highlighting such issues.

c. Businesses that operate ethically and responsibly will attract more customers and make higher profits than those businesses that 
do not.

d. There is growing trend for investors and employees to seek out ethical companies for investment and employment.

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Question 10

Correct

Mark 1.00 out of 1.00

Acting with honor is a vital characteristic of a business owner.

Select one:
a. True 

b. False

Question 11
Correct

Mark 1.00 out of 1.00

When an organization shows concern for the people and environment in which it transacts business it is called ______

Select one:
a. Environmental scanning

b. Demographic benchmarking

c. Social responsibility 

d. Cause marketing

Question 12
Correct

Mark 1.00 out of 1.00

The social responsibilities of a management include all of the following except

Select one:
a. Ethical

b. Legal

c. Economic

d. Caretaker 

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Question 13

Correct

Mark 1.00 out of 1.00

Which of the following is an element that makes ethical behavior conducive within an organization?

Select one:
a. A written code of ethics and standards

b. Availability for advice on ethical situations

c. All of the answers are correct 

d. Systems for confidential reporting

Question 14
Correct

Mark 1.00 out of 1.00

One major disadvantage of affirmative action in the workplace is the reality or perception of reverse discrimination.

Select one:
a. True 

b. False

Question 15
Correct

Mark 1.00 out of 1.00

Which statement is an argument against corporate social responsibility?

Select one:
Society does not really expect business to be socially responsible

CSR discourages government regulation

A business involved in social issues can lose its focus on operating as effectively as possible. 

The reputation of a business is injured when it acts socially responsible

Your answer is correct.

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Question 16

Incorrect

Mark 0.00 out of 1.00

Which of the following statements is TRUE?

Select one:
a. Firms are limited in what they can do to protect the environment. It is the role of government and effective legislation to control 
individual firms and their managers.

b. Competitors cannot be viewed as stakeholders.

c. Operating in a socially responsible way towards suppliers can be achieved entirely through the terms and conditions of the contract.

d. Operating in a socially responsible way towards all stakeholders can set up a number of conflicts for managers.

Question 17
Correct

Mark 1.00 out of 1.00

One of the benefits of having a diverse workforce is it can provide a greater variety of solutions to problems in service, sourcing, and
allocation of resources.

Select one:
a. True 

b. False

Question 18

Correct

Mark 1.00 out of 1.00

Business ethics are moral guidelines for the conduct of business established on notions of what is right, wrong, and fair.

Select one:
a. False

b. True 

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Question 19

Correct

Mark 1.00 out of 1.00

When a company sponsors a charity event that is aligned with their core mission and vision, that company is practicing which of the following
concepts?

Select one:
a. Cause marketing

b. All of the answers are correct

c. No correct answer

d. Social responsibility 

e. Environmental scanning

Question 20
Correct

Mark 1.00 out of 1.00

Which of the following statements is TRUE?

Select one:
a. Business ethics is an opposing philosophy to that of the materialistic society.

b. The Kyoto Summit of 1997 highlighted the key issue of business ethics-that of leaving the planet in a good state.

c. Business ethics was founded as a movement by the UL Quakers and paternalists of the 1th century.

d. The lobby for ethical business has come from the religious groups, governments, trade unions and consumer and environmental 
action groups.

Question 21
Correct

Mark 1.00 out of 1.00

The right to due process often comes up when the government needs to take the property of someone for public use.

Select one:
a. False

b. True 

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Question 22

Correct

Mark 1.00 out of 1.00

Which statement is an argument AGAINST corporate social responsibility?

Select one:
a. The reputation of a business is injured when it acts socially responsible

b. CSR discourages government regulation

c. The sole responsibility of business is to maximize profits, even if it breaks the law

d. Society does not really expect business to be socially responsible

e. A business involved in social issues can lose its focus on operating as effectively as possible. 

Question 23
Correct

Mark 1.00 out of 1.00

Philanthrop  It is a Greek word that literally means love of the fellow human.

Question 24
Correct

Mark 1.00 out of 1.00

Employmen  is about the protection of workers against vacillations in earned income as a result of job loss.

Question 25
Correct

Mark 1.00 out of 1.00

Which of the following statements is TRUE?

Select one:
a. A social approach to ethics assumes that most people will behave in accordance when there is a risk of them being caught

b. A social approach to ethics focuses on community issues

c. A social approach to ethics is broadly similar across North American and European countries

d. A social approach to ethics acknowledges that ethical considerations vary between cultures 

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Question 26

Correct

Mark 1.00 out of 1.00

Proponents of corporate social responsibility highlight three advantages, which they refer to as a triple bottom line. Which of the following is
NOT one of these three advantages?

Select one:
a. Financial

b. Economical

c. Competitive 

d. Social

Question 27
Correct

Mark 1.00 out of 1.00

Acting in an ethical way does not concern distinguishing between right and wrong and then making the right decision.

Select one:
a. True

b. False 

Question 28
Correct

Mark 1.00 out of 1.00

What type of companies do individuals tend to want to work for?

Select one:
a. Ones which disregard environmental responsibility

b. Ones in which there are pressures to act in an ethical way

c. Ones in which ethical dilemmas are minimized. 

d. Ones which display no ethical track record.

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Question 29

Correct

Mark 1.00 out of 1.00

Which of the following is NOT an example of a philanthropic social responsibility initiative?

Select one:
a. Sponsoring a marathon runner for a fixed amount of money per mile

b. Issuing a donation for single mothers

c. Providing grant money to an education institution

d. Painting a homeless shelter 

Question 30
Correct

Mark 1.00 out of 1.00

Social responsibility is an ethical ideology, in which individuals are responsible for executing their civic duty; the actions of a person must
benefit the whole of society.

Select one:
a. True 

b. False

Question 31
Correct

Mark 1.00 out of 1.00

An employee is terminated for just cause where he has been found to have been dishonest with the employer, such as theft of corporate
property or in the participation of a competitor business.

Select one:
a. True 

b. False

Question 32
Correct

Mark 1.00 out of 1.00

Ethical predicaments in the workplace are common, and they are always easy to resolve.

Select one:
a. True

b. False 

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Question 33

Correct

Mark 1.00 out of 1.00

The issues of due process and just cause are not connected to business owners disciplinary actions because the employets must have
disciplinary procedures that make sure that their employees are disciplined for just reasons and only after the correct procedures have been
followed.

Select one:
a. False 

b. True

Question 34
Correct

Mark 1.00 out of 1.00

The idea of social responsibility is based on a system of ethics, in which decisions and actions must be ethically analyzed before moving
forward.

Select one:
a. False

b. True 

Question 35
Correct

Mark 1.00 out of 1.00

CSR is a _________ initiative

Select one:
a. community

b. enforced

c. government

d. voluntary 

Question 36
Correct

Mark 1.00 out of 1.00

Just Cause  is a reason that is enough to fire an employment contract immediately and for which, no notice or severance pay is due to
the employee.

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Question 37

Correct

Mark 1.00 out of 1.00

For some employees, the loss of a ob due to downsizing can be a positive step that allows them to reinvent themselvs.

Select one:
a. False

b. True 

Question 38
Correct

Mark 1.00 out of 1.00

Which of the following is NOT an example of a philanthropic social responsibility initiative?

Select one:
Painting a homeless shelter 

Issuing a donation for single mothers

Providing grant money to an education institution

Sponsoring a marathon runner for a fixed amount of money per mile

Your answer is correct.

Question 39
Correct

Mark 1.00 out of 1.00

CSR stands for

Answer: Corporate Social Responsibility 

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Question 40

Correct

Mark 1.00 out of 1.00

Which of the following does NOT contribute to the development of the standard of ethics of a manager?

Select one:
a. Environmental situations

b. The norms and values of society

c. Competitor behaviors 

d. Individual life experiences

Question 41
Correct

Mark 1.00 out of 1.00

Companies have a corporate social responsibility is about caring for the workers, giving back to the community, and being financially
encironmentally, and socially responsible.

Select one:
a. True 

b. False

Question 42
Correct

Mark 1.00 out of 1.00

Companies that practice social reponsibility marketing strategies

Select one:
a. force those who transact business with them (vendors and investors) to maintain the same standards of practice and values.

b. show concern for the people and environment in which they transact business 

c. will be spared negative attention when they commit illegal activities

d. are guaranteed to have a better customer loyalty

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Question 43

Correct

Mark 1.00 out of 1.00

Which of the following stakeholders are interested in CSR?

Select one:
a. Suppliers

b. Investors and special interest groups

c. Employees

d. All of the answers are correct 

e. Customers and communities

Question 44
Correct

Mark 1.00 out of 1.00

An employmen  is a legal connection that is formed between an employee and employer when work is completed for monetary
remuneration.

Question 45
Correct

Mark 1.00 out of 1.00

Employers do not have a responsibility to their employees to protect them from discrimination and unfair treatment in the workplace.

Select one:
a. False 

b. True

Question 46
Correct

Mark 1.00 out of 1.00

For business owners, it is vital to speak and act in a trustworthy manner.

Select one:
a. True 

b. False

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Question 47

Correct

Mark 1.00 out of 1.00

Proprietors do not need to honor any commitments made to employees, customers or clients.

Select one:
a. False 

b. True

Question 48
Correct

Mark 1.00 out of 1.00

Which of the following would most likely cause unethical behavior?

Select one:
a. A manual that is unconcerned about real ethical dilemmas

b. A seminar regarding business conduct

c. An employee using his own judgment

d. A competitive business environment 

Question 49
Correct

Mark 1.00 out of 1.00

Which of the following statements is TRUE?

Select one:
a. An effective strategic approach to ethical business is through the prioritizarion of an issue that is central to the needs of the 
organization

b. The argument that businesses are part of society and therefore managers have a responsibility to behave in a responsible way is one
most likely to result in ethical managerial behavior.

c. Ethical employees are prepared to work for lower pay in ethical companies.

d. Strong laws remove the need for organizations to invest in corporate social responsibility

Question 50
Correct

Mark 1.00 out of 1.00

Affirmative  It has been defined as showing a preference for selecting and/or promoting members of a demographic or minority
group with a history of discrimination.

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