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Chapter 1 – The Relationship between Business and Society
Chapter 01
Chapter 1 – The Relationship between Business and Society
True / False Questions
1. A shift has occurred in what society believes business responsibilities should be; today
there is a greater emphasis on the bottom line than ever before.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Business and Society Relationship
2. Responses to social and environmental issues will determine which corporations are able to
survive in today's competitive environment.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Business and Society Relationship
3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence to
moral principles.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
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Chapter 1 – The Relationship between Business and Society
4. Ethics apply to business in the same manner as they apply to religion.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
5. A responsible corporation is a business undertaking that responds to social, ethical, and
environmental responsibilities in addition to its economic obligations.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
6. The triple-E bottom line (3E) is the evaluation of a corporation's performance according to
a summary of the economic, social or ethical, and environmental value the corporation adds
or destroys.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-02 Integrity in Business
7. There is little concern that a lack of academic integrity will have an influence on business
integrity.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-03 Integrity of Business Students
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Chapter 1 – The Relationship between Business and Society
8. Until recently, business schools had largely neglected ethics and emphasized functional
areas, some of which have focused on the financial rather than the social responsibilities of
business.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business and recognize integrity issues with students.
Topic: 01-03 Integrity of Business Students
9. Most people agree there is a universal way to approach ethics and as such, there is
widespread agreement as to the appropriate behaviour by business in society.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-03 Differentiate between the three main approaches to ethical thinking.
Topic: 01-04 Main Approaches to Ethical Thinking
10. Deontological theories of ethics are rule-based.
TRUE
Accessibility: Keyboard Navigation
Difficulty: Easy
Learning Objective: 01-03 Differentiate between the three main approaches to ethical thinking.
Topic: 01-04 Main Approaches to Ethical Thinking
11. Virtue ethics emphasizes the situation that individuals find themselves in and focuses on
what they are doing.
FALSE
Accessibility: Keyboard Navigation
Difficulty: Medium
Learning Objective: 01-03 Differentiate between the three main approaches to ethical thinking.
Topic: 01-04 Main Approaches to Ethical Thinking
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