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Business Ethics
Q:
Racism, sexism, and heterosexism can negatively impact _____ .A) those in the "unprivileged" group in each categoryB) anyoneC) those in the "privileged" group in each categoryD) men only
Q:
Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
Distinguish between the concepts of corporate social responsibility, corporate social responsiveness, corporate social performance, and corporate citizenship. How are these ideas different from each other? How are they similar?
Q:
The __________ prohibits unauthorized access to stored wire and electronic communications, such as the contents of email inboxes, instant messages, message boards, and social networking sites.a. Foreign Intelligence Surveillance Actb. Electronic Communications Privacy Actc. USA PATRIOT Actd. Communications Assistance for Law Enforcement Act
Q:
Women-run businesses tend not to _____ .A) be medium-sized companiesB) be large companiesC) experience fast growthD) experience fast change
Q:
Title I of the __________ extends the protections offered under the Wiretap Act to electronic communications, such as fax and messages sent over the Internet.a. Foreign Intelligence Surveillance Actb. Electronic Communications Privacy Actc. Communications Assistance for Law Enforcement Actd. USA PATRIOT Act
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
Describe socially responsible investing.
Q:
Interactive leadership does not include _____ .A) encouraging participationB) sharing informationC) letting subordinates make all decisionsD) enhancing the self-worth of others
Q:
The Children's Online Privacy Protection Act __________.a. was found to be unconstitutionalb. is meant to give Web masters control over the collection, use, and disclosure of children's personal informationc. does not cover the dissemination of information to childrend. requires the installation of Internet filters in public libraries
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
Explain the concept of "multiple bottom lines." Why do advocates of this approach prefer it over the traditional method of measuring the firm's financial performance?
Q:
Women executives seem to be better than their male counterparts at _____ .A) bureaucratic leadershipB) transactional leadershipC) transformational leadershipD) management leadership
Q:
The Health Insurance Portability and Accountability Act requires healthcare providers to obtain __________ from patients prior to disclosing any information in their medical records.a. payment for all services renderedb. a social security numberc. a second opiniond. written consent
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
Discuss the criteria used to determine what firms receive the Business Ethics magazine awards. Which do you think is most important? Why?
Q:
According to Judy B. Rosener, women and men executives are vastly dissimilar in _____ .A) earningsB) frequency of work-family conflictC) leadership styleD) all of the above
Q:
The concept of privacy is __________.a. defined in the U.S. constitutionb. protected even when there is no reasonable expectation of privacyc. violated by the Fourth Amendmentd. protected by the Bill of Rights
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
Summarize the argument used to explain why the concept of corporate social responsiveness is an improvement over corporate social responsibility.
Q:
More worker are unionized today than during the 1950s.
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
In the 1890s, the Robber Barons began to use their personal wealth and the wealth accumulated by their corporations to enhance the social good. Their philanthropic activities were encouraged, in part, because public opinion was demanding that the government do something to limit their power. Is this type of activity still occurring in the United States? Why or why not?
Q:
Under the __________, financial institutions must provide a privacy notice to each consumer that explains what data about the consumer is gathered, with whom that data is shared, how the data is used, and how the data is protected.a. Fair Credit Reporting Actb. Health Insurance Portability and Accountability Actc. Gramm-Leach-Bliley Actd. USA PATRIOT Act
Q:
Wal-Mart refers to its workers as Wal-Martians.
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
One of the arguments against corporate social responsibility is that by requiring more of U.S. corporations, they may be put at a disadvantage relative to foreign competitors. Evaluate this argument.
Q:
In the context of the Fourth Amendment, the courts have ruled that __________.a. recordings by the FBI of various telephone calls made by a U.S. citizen from a public phone booth do not violate an individual's privacyb. Federal agents can listen to phone conversations of U.S. citizens without a warrantc. without a reasonable expectation of privacy, there is no privacy rightd. the Fourth Amendment is no longer valid
Q:
The Foreign Intelligence Surveillance Act:a. extends the protections offered under the Wiretap Act to electronic communications, such as email, fax, and messages sent over the Internet.b. was passed by Congress in 1994 and amended both the Wiretap Act and the Electronic Communications Privacy Act.c. requires any company doing business within the borders of the countries comprising the European Union to implement a set of privacy directives on the fair and appropriate use of information.d. allows surveillance, without court order, within the United States for up to a year unless the "surveillance will acquire the contents of any communication to which a U.S. person is a party."
Q:
Wal-Mart workers usually live in cheap motels.
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
One of the arguments that opponents of corporate social responsibility use is that business already has enough power, so society should not grant it more power by relying on it to alleviate social problems. Evaluate this argument.
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
In Carroll's four-part definition of corporate social responsibility, he includes philanthropic responsibilities, yet he describes these as voluntary or discretionary. Explain this seeming contrast between a responsibility and a voluntary activity.
Q:
Fewer than 20% of private sector workers are covered by traditional pension plans.
Q:
The Glass-Steagall Act allows consumers to obtain a free credit report once each year from each of the three primary consumer credit reporting companies.a. Trueb. False
Q:
Federal rules allow for no gaps in funding defined-benefit pension plans.
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
Explain why the emergence of large corporations in the late 19th century helped shift society's view away from the classical economic view.
Q:
Advocates of advanced surveillance technology argue that people have no legitimate expectation of privacy in a public place, and thus Fourth Amendment privacy rights do not apply.a. Trueb. False
Q:
Bankruptcy can lead to the voiding of union contacts.
Q:
Provide a short answer to each of these questions. Be sure to fully explain your answer.
Explain why Business for Social Responsibility (BSR) was formed.
Q:
Exemptions to the Freedom of Information Act bar disclosure of information that could compromise national security or interfere with an active law enforcement investigation.a. Trueb. False
Q:
Lifetime job security is never guaranteed.
Q:
Financial returns from socially conscious investment funds are
A.competitive with returns from other investments.
B.higher than returns from other investments.
C.slightly lower than returns from other investments.
D.much lower than returns from other investments.
Q:
Public sector employees have far greater privacy rights than those in private industry because the Fourth Amendment does not limit how a private employer treats its employees.a. Trueb. False
Q:
Productivity is a management practice.
Q:
The Triple Bottom Line encompasses all of the following spheres of performance except
A.economic.
B.social.
C.environmental.
D.philanthropic.
Q:
The pretexting rule addresses attempts by people to access personal information without proper authority by such means as impersonating an account holder or phishing.a. Trueb. False
Q:
High standards of service depend on having staff who are proud of the company.
Q:
The Gramm-Leach-Bliley Act includes three key rules that affect personal privacy: financial privacy rule, safeguards rule, and pretexting rule.a. Trueb. False
Q:
The Triple Bottom Line concept focuses on economic, social, and environmental performance, the key elements of
A.sustainability.
B.growth.
C.corporate social responsibility.
D.corporate social responsiveness.
Q:
There is a connection between how firms manage people and profits they achieve.
Q:
There is virtually no way to limit the deposit of cookies on a user's hard drive.a. Trueb. False
Q:
The relationship between corporate social performance and financial performance is viewed from three different perspectives. The symbiotic view
A.states that financial performance determines social performance.
B.high social performance leads to improved financial performance.
C.states that there is an interactive relationship among social performance, financial performance, and corporate reputation.
D.is synonymous with the contingency view of Husted.
Q:
Richard Branson of the Virgin group of companies believes in putting _____ .A) shareholders firstB) executives first C) customers first D) people first
Q:
The relationship between corporate social performance and financial performance is viewed from three different perspectives. The perspective that views social responsibility as a "fair weather" concept
A.has been studied extensively.
B.views social responsibility as driven by the firm's financial performance.
C.is the most popular of the three perspectives.
D.sees an interactive relationship among social performance, financial performance, and corporate reputation.
Q:
The Privacy Act of 1974 extends to the actions of the CIA, U.S. law enforcement agencies, and the private industry.a. Trueb. False
Q:
The U.S. small business sector _____ .A) creates 95% of new jobs in the U.S.B) creates a lower proportion of jobs than European small businesses C) creates a higher proportion of jobs than European small businesses D) creates the same proportion of jobs as European small businesses
Q:
The relationship between corporate social performance and financial performance is viewed from three different perspectives. The most popular view is based on the belief that
A.socially responsible firms are more financially profitable.
B.more profitable firms have the ability to be more socially responsible.
C.social responsibility and financial performance are inter-related and affect each other.
D.there is no relationship between social responsibility and financial performance.
Q:
Through the use of cookies, a Web site is able to identify visitors on subsequent visits.a. Trueb. False
Q:
NLRB stands for:
A) National Labor Relations Board
B) National Labor Review Board
C) North American Law Review Board
D) National Law Review Board
Q:
"Wage labor" denotes _____ .A) the self-employedB) working for someone else in exchange for moneyC) small farmersD) sweatshop labor
Q:
Benefits to companies of good corporate citizenship include all of the following except
A.improved employee relations.
B.improved customer relations.
C.improved business performance.
D.fewer government regulations.
Q:
The European Union Data Protection Directive requires member countries to ensure that data transferred to non- European Union countries is protected.a. Trueb. False
Q:
The narrow view of corporate citizenship focuses solely on
A.ecological issues.
B.employee relations.
C.corporate community relations.
D.stakeholder management.
Q:
Union membership today in the U.S. is approximately: A) 25% of all workersB) 20% of all workers C) 10% of all workers D) 5% of all workers
Q:
Electronic discovery is the collection, preparation, review, and production of electronically stored information for use in criminal and civil actions and proceedings.a. Trueb. False
Q:
The view of corporate citizenship that embraces all that is implied in the concepts of social responsibility, responsiveness, and performance is the ____ view.
A.unlimited
B.broad
C.narrow
D.limited
Q:
The USA PATRIOT Act grants citizens the right to access certain information and records of federal, state, and local governments upon request.a. Trueb. False
Q:
Montana was the first state to _____ .A) adopt employment at willB) guarantee employees' pension benefitsC) prohibit employee drug testingD) comprehensively reject employment at will
Q:
Which of the following is not a characteristic of a socially responsible company?
A.makes products that are safe
B.makes above average financial returns
C.does not pollute air or water
D.recycles within the company
Q:
Under the Right to Financial Privacy Act, a financial institution can release a customer's financial records without the customer's authorization as long as it is a government authority that is seeking the records.a. Trueb. False
Q:
Typically:A) Employers and employees are equal to each other. B) Employees wield power over large employers.C) Employers are in a position of power relative to prospective employees. D) Employers wish to fire their employees.
Q:
Which of the following is a criterion for The Conference Board's Ron Brown Award for Corporate Leadership?
A.membership in the Fortune 500
B.never having been fined by the Environmental Protection Agency
C.offering broad potential for social and economic benefits for U.S. society
D.membership in The Conference Board
Q:
The Foreign Intelligence Surveillance Act describes procedures for the electronic surveillance of communications between foreign powers and the agents of foreign powers.a. Trueb. False
Q:
The doctrine of Employment at Will means _____ .A) only the employer can end the relationshipB) either employer or employee can end the relationshipC) only the employee can end the relationship at any time D) neither employer or employee can end the relationship
Q:
Under the USA PATRIOT Act, the FBI can issue a National Security Letter to compel banks, Internet service providers, and credit reporting companies to turn over information about their customers without a court order simply of the basis that the information is needed for an ongoing investigation.a. Trueb. False
Q:
The Conference Board's Ron Brown Award for Corporate Leadership honors companies for
A.sustained high levels of corporate social performance.
B.leadership in corporate social responsibility research.
C.outstanding achievements in employee and community relations.
D.outstanding achievements in stakeholder management.
Q:
If Wal-Mart pays minimum wage, it is _____ .A) deliberately hurtful to its employeesB) being overly generousC) violating retirement lawsD) taking advantage of labor market conditions
Q:
The use of information technology in business requires balancing the needs of those who use the information that is collected against the rights and desires of the people whose information is being used.a. Trueb. False
Q:
Carroll's corporate social performance model can be used in all of the ways listed below except
A.providing a conceptualization that could lead to better managed social performance.
B.providing answers to specific social problems.
C.using it as a planning tool.
D.identifying categories within which the organization can be situated.
Q:
The Pension Benefit Guaranty Corp is _____ .A) a federal insurerB) a private insurerC) part of the Social Security AdministrationD) always able to pay 100% of insured pensions
Q:
A National Security Letter is subject to judicial review and oversight.a. Trueb. False
Q:
Which of the following is not a dimension of Carroll's corporate social performance model?
A.social responsibility categories
B.funding sources
C.philosophy of social responsiveness
D.issues
Q:
Arthur Anderson always used the highest objective accounting standards with respect to
Enron.
Q:
The use of cookies and tracking software is controversial because companies can collect information about consumers without their explicit permission.a. Trueb. False
Q:
The ____ argument against CSR focuses on the consequence of the requirement that business must internalize costs that it formerly passed on to society in the form of dirty air run safe products which might necessitate raising prices.
A.Resources Available
B.Business not equipped
C.Dilutes Business purpose
D.Global Competitiveness
Q:
Arthur Anderson served as Enron's auditors.
Q:
The cost of a data breach can be quite expensive, by some estimates nearly $200 for each record lost.a. Trueb. False