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, Chapter 01 k
Chapter 1 – The Relationship between Business and Society
k k k k k k k k
True / False Questions
k k k
1. A shift has occurred in what society believes business responsibilities should be; today
k k k k k k k k k k k k
there is a greater emphasis on the bottom line than ever before.
k k k k k k k k k k k k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-01 kDescribe kthe kcomplexity kof kthe kinterrelationships kbetween kbusiness kand
ksociety.kTopic: k01-01 kThe kBusiness kand kSociety kRelationship
2. Responses to social and environmental issues will determine which corporations are able to
k k k k k k k k k k k k
survive in today's competitive environment.
k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-01 kDescribe kthe kcomplexity kof kthe kinterrelationships kbetween kbusiness kand
ksociety.kTopic: k01-01 kThe kBusiness kand kSociety kRelationship
3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence to
k k k k k k k k k k k k k
moral principles.
k k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-02 kIntegrity kin kBusiness
1-1
,4. Ethics apply to business in the same manner as they apply to religion.
k k k k k k k k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-02 kIntegrity kin kBusiness
5. A responsible corporation is a business undertaking that responds to social, ethical, and
k k k k k k k k k k k k
environmental responsibilities in addition to its economic obligations.
k k k k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-02 kIntegrity kin kBusiness
6. The triple-E bottom line (3E) is the evaluation of a corporation's performance according to
k k k k k k k k k k k k k
a summary of the economic, social or ethical, and environmental value the corporation adds
k k k k k k k k k k k k k k
or destroys.
k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents.kTopic: k01-02 k Integrity kin kBusiness
7. There is little concern that a lack of academic integrity will have an influence on business
k k k k k k k k k k k k k k k
integrity.
k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-03 kIntegrity kof kBusiness kStudents
1-2
, 8. Until recently, business schools had largely neglected ethics and emphasized functional
k k k k k k k k k k
areas, some of which have focused on the financial rather than the social responsibilities
k k k k k k k k k k k k k k
ofbusiness.
k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-03 kIntegrity kof kBusiness kStudents
9. Most people agree there is a universal way to approach ethics and as such, there is
k k k k k k k k k k k k k k k
widespread agreement as to the appropriate behaviour by business in society.
k k k k k k k k k k k
FALSE
k
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-03 kDifferentiate kbetween kthe kthree kmain kapproaches kto kethical kthinking.
kTopic: k01-04 kMain kApproaches kto kEthical kThinking
10. Deontological theories of ethics are rule-based.
k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-03 kDifferentiate kbetween kthe kthree kmain kapproaches kto kethical kthinking.
kTopic: k01-04 kMain kApproaches kto kEthical kThinking
11. Virtue ethics emphasizes the situation that individuals find themselves in and focuses on
k k k k k k k k k k k k
what they are doing.
k k k k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-03 kDifferentiate kbetween kthe kthree kmain kapproaches kto kethical
kthinking. kTopic: k01-04 kMain kApproaches kto kEthical kThinking
1-3
, Chapter 01 k
Chapter 1 – The Relationship between Business and Society
k k k k k k k k
True / False Questions
k k k
1. A shift has occurred in what society believes business responsibilities should be; today
k k k k k k k k k k k k
there is a greater emphasis on the bottom line than ever before.
k k k k k k k k k k k k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-01 kDescribe kthe kcomplexity kof kthe kinterrelationships kbetween kbusiness kand
ksociety.kTopic: k01-01 kThe kBusiness kand kSociety kRelationship
2. Responses to social and environmental issues will determine which corporations are able to
k k k k k k k k k k k k
survive in today's competitive environment.
k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-01 kDescribe kthe kcomplexity kof kthe kinterrelationships kbetween kbusiness kand
ksociety.kTopic: k01-01 kThe kBusiness kand kSociety kRelationship
3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence to
k k k k k k k k k k k k k
moral principles.
k k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-02 kIntegrity kin kBusiness
1-1
,4. Ethics apply to business in the same manner as they apply to religion.
k k k k k k k k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-02 kIntegrity kin kBusiness
5. A responsible corporation is a business undertaking that responds to social, ethical, and
k k k k k k k k k k k k
environmental responsibilities in addition to its economic obligations.
k k k k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-02 kIntegrity kin kBusiness
6. The triple-E bottom line (3E) is the evaluation of a corporation's performance according to
k k k k k k k k k k k k k
a summary of the economic, social or ethical, and environmental value the corporation adds
k k k k k k k k k k k k k k
or destroys.
k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents.kTopic: k01-02 k Integrity kin kBusiness
7. There is little concern that a lack of academic integrity will have an influence on business
k k k k k k k k k k k k k k k
integrity.
k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-03 kIntegrity kof kBusiness kStudents
1-2
, 8. Until recently, business schools had largely neglected ethics and emphasized functional
k k k k k k k k k k
areas, some of which have focused on the financial rather than the social responsibilities
k k k k k k k k k k k k k k
ofbusiness.
k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-02 kDefine kthe kterminology krelating kto kthe kintegrity kof kbusiness kand krecognize kintegrity kissues kwith
kstudents. kTopic: k01-03 kIntegrity kof kBusiness kStudents
9. Most people agree there is a universal way to approach ethics and as such, there is
k k k k k k k k k k k k k k k
widespread agreement as to the appropriate behaviour by business in society.
k k k k k k k k k k k
FALSE
k
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-03 kDifferentiate kbetween kthe kthree kmain kapproaches kto kethical kthinking.
kTopic: k01-04 kMain kApproaches kto kEthical kThinking
10. Deontological theories of ethics are rule-based.
k k k k k
TRUE
Accessibility: kKeyboard
kNavigationkDifficulty: kEasy
Learning kObjective: k01-03 kDifferentiate kbetween kthe kthree kmain kapproaches kto kethical kthinking.
kTopic: k01-04 kMain kApproaches kto kEthical kThinking
11. Virtue ethics emphasizes the situation that individuals find themselves in and focuses on
k k k k k k k k k k k k
what they are doing.
k k k k
FALSE
Accessibility: kKeyboard
kNavigationkDifficulty: kMedium
Learning kObjective: k01-03 kDifferentiate kbetween kthe kthree kmain kapproaches kto kethical
kthinking. kTopic: k01-04 kMain kApproaches kto kEthical kThinking
1-3
