BUSI 311 CHAPTER 4 QUESTIONS AND ANSWERS EXAM
LATEST UPDATE.Buy Quality Materials!
____ is the strategy of deliberately designing products to fail in order to shorten
the time between purchases.
Planned obsolescence
The starting point for socially responsible employers is to:
meet legal standards.
In the context of responsibility to the community, which of the following
statements is true of corporate philanthropy?
It includes all business donations to nonprofit groups.
To bring a code of ethics to life, experts advocate a forceful, integrated approach
to ethics. In this context, which of the following steps is essential?
Integrating ethics into mandatory staff training
In the context of responsibility to the environment, _____ refers to doing
business to meet the needs of the current generation without harming the ability
of future generations to meet their needs.
sustainable development
In the context of carbon footprint, Scope 2 refers to:
emissions that result from purchased electricity, heat, and steam.
_____ is a federal legislation passed in 2002 that sets higher ethical standards for
public corporations and accounting firms.
The Sarbanes-Oxley Act
According to the universal ethical standards identified by the nonprofit,
nonpartisan Character Counts organization, providing equal opportunity
represents the core value of _____.
fairness
_____ is the obligation of a business to contribute to society.
Social responsibility
_____ refers to business contributions to the community through the actions of
the business itself rather than donations of money and time.
Corporate responsibility
Which of the following consumer rights is referred to when businesses are legally
responsible for injuries and damages caused by their products, even if they have
no reason to suspect that their products might cause harm?
The right to be safe
Ethics refer to:
sets of beliefs about good and bad
_____ are employees who report their employer's illegal or unethical behavior to
either the authorities or the media.
Whistle-blowers
In the context of business ethics, which of the following situations best describes
an ethical dilemma?
LATEST UPDATE.Buy Quality Materials!
____ is the strategy of deliberately designing products to fail in order to shorten
the time between purchases.
Planned obsolescence
The starting point for socially responsible employers is to:
meet legal standards.
In the context of responsibility to the community, which of the following
statements is true of corporate philanthropy?
It includes all business donations to nonprofit groups.
To bring a code of ethics to life, experts advocate a forceful, integrated approach
to ethics. In this context, which of the following steps is essential?
Integrating ethics into mandatory staff training
In the context of responsibility to the environment, _____ refers to doing
business to meet the needs of the current generation without harming the ability
of future generations to meet their needs.
sustainable development
In the context of carbon footprint, Scope 2 refers to:
emissions that result from purchased electricity, heat, and steam.
_____ is a federal legislation passed in 2002 that sets higher ethical standards for
public corporations and accounting firms.
The Sarbanes-Oxley Act
According to the universal ethical standards identified by the nonprofit,
nonpartisan Character Counts organization, providing equal opportunity
represents the core value of _____.
fairness
_____ is the obligation of a business to contribute to society.
Social responsibility
_____ refers to business contributions to the community through the actions of
the business itself rather than donations of money and time.
Corporate responsibility
Which of the following consumer rights is referred to when businesses are legally
responsible for injuries and damages caused by their products, even if they have
no reason to suspect that their products might cause harm?
The right to be safe
Ethics refer to:
sets of beliefs about good and bad
_____ are employees who report their employer's illegal or unethical behavior to
either the authorities or the media.
Whistle-blowers
In the context of business ethics, which of the following situations best describes
an ethical dilemma?
