Question 1

Which three countries are the worst greenhouse gas emitters per capita?
China, India, and Russia
the United States, Canada, and Australia
China, Russia, and the Australia
China, the United States, and Canada
Japan, China, and Russia

Accepted Answer

The answer of Which three countries are the worst greenhouse...

Question 2

________is the view that a company's only social responsibility is to make as much money as possible for its shareholders.
Free market capitalism
Managerial capitalism
Globalization
Mixed economy capitalism
None of these terms are correct.

Accepted Answer

The answer of ________is the view that a company's only...

Question 3

The view that business should balance its commitments to the stakeholders in its environment is known as
managerial capitalism.
social auditing.
social responsibility.
business ethics.
stakeholder theory.

Accepted Answer

The answer of The view that business should balance its...

Question 4

A chocolate company with a primary emphasis on ethical sourcing and procurement would MOST likely avoid which of the following?
Neglecting the welfare of the farmers who grow cacao beans
Reducing the size of their marketing department
Developing new fat-free products
Hosting a holiday party for all employees
Reducing the funds allocated to the company health care program for employees

Accepted Answer

The answer of A chocolate company with a primary emphasis...

Question 5

Organizational stakeholders can best be defined as
competitors.
individuals and businesses that own stock in a company.
government regulators who oversee an industry.
the officers and key employees of an organization.
individuals and groups that are directly affected by the practices of an organization.

Accepted Answer

The answer of Organizational stakeholders can best be defined as
competitors.
individuals...

Question 6

With regard to the "cap and trade" system for trading carbon credits, it is correct to say that
very little fraud has been uncovered in the system.
the system has proven to be very effective.
studies show that countries in Asia are not interested in the system.
companies in developing countries buy credits which they sell to companies in industrialized countries.
carbon credits essentially give companies the right to pollute the environment.

Accepted Answer

The answer of With regard to the "cap and trade"...

Question 7

Which of the following is correct with regard to pollution?
Noise pollution is now a greater concern than air or water pollution.
Developing countries like China have a good record on air pollution because as their industrialization proceeds, they can install effective pollution control devices on new installations.
There is a worldwide consensus among all people that our climate is warming and that warming is caused by human activity in the form of air pollution.
Global warming will hurt some people and benefit others.
All of these are correct.

Accepted Answer

The answer of Which of the following is correct with...

Question 8

Ian is the president of a medium-sized manufacturing company. He wants to ensure that his company behaves in a socially responsible way. Which of the following is the greatest challenge facing Ian?
Determining how to respond to the interests of one part of society which conflicts with the needs of another part of society
Determining the contents of the code of ethics and what takes priority
Determining when to conduct a social audit
Knowing what social responsibility is
Determining when to conduct ethical training for employees

Accepted Answer

The answer of Ian is the president of a medium-sized...

Question 9

John wants his employees to be aware that they should act ethically. He should
fire anyone who behaves unethically.
not draw public attention to any employee's unethical behaviour, but instead deal with it privately.
publicly reward ethical behaviour and ignore unethical behaviour.
publicly discipline employees who behave unethically, but don't fire them.
adopt a written code of ethics.

Accepted Answer

The answer of John wants his employees to be aware...

Question 10

Approximately ____ of Canadian firms have codes of ethics, while approximately _______ of U.S. firms have them.
one-third; two-thirds
two-thirds; nine-tenths
one-fifth; one-fourth
one-half; one-half
one-half; three-quarters

Accepted Answer

The answer of Approximately ____ of Canadian firms have codes...

Question 11

Which of the following is correct regarding global warming?
The idea is a hoax.
Global warming is occurring, but the rate is so slow that it will be hundreds of years before any significant problems arise.
There is agreement that global warming is caused by increased air pollution that is a result of human activity.
There is agreement that global warming is happening, but there is a debate about whether the warming is natural or caused by human activity.
Global warming will have a negative effect on everyone.

Accepted Answer

The answer of Which of the following is correct regarding...

Question 12

All of the following groups are organizational stakeholders except
employees.
investors.
customers.
competitors.
All of these groups are organizational stakeholders.

Accepted Answer

The answer of All of the following groups are organizational...

Question 13

What are carbon credits?
Credits given to countries that produce more oil than they consume
Credits given to countries that install the most pollution equipment per capita
Credits which are purchased by countries that give them the right to pollute the atmosphere
Credits which must be purchased by countries after they have been found guilty of polluting the atmosphere
Credits that are given to countries for producing the carbon that is needed to make oil

Accepted Answer

The answer of What are carbon credits?
Credits given to countries...

Question 14

Social Return on Investment (SROI) helps companies to
improve their financial return on investment.
increase employee satisfaction.
understand, manage, and communicate the social value of their activities for stakeholders.
respond to required government regulations on social responsibility
improve the level of ethics within the company.

Accepted Answer

The answer of Social Return on Investment (SROI) helps companies...

Question 15

Damage to the environment by strip mining is associated with which of the following types of pollution?
Noise
Land
Water
Oil
Air

Accepted Answer

The answer of Damage to the environment by strip mining...

Question 16

Under the Canadian and Ontario Environmental Protection Act, liability for a business firm can run as high as ________ per day.
$10 000
$500 000
$25 000
$2 000 000
$5 000 000

Accepted Answer

The answer of Under the Canadian and Ontario Environmental Protection...

Question 17

________ are waste industrial gases that trap heat in the atmosphere.
Greenhouse emissions
Byproducts
Energy supplies
Acid rain
Exajoules

Accepted Answer

The answer of ________ are waste industrial gases that trap...

Question 18

Why did the fair trade movement develop?
Because large industrialized countries were using unfair trading practices with developing countries
Because pollution was increasing too rapidly in developing countries as a result of excessive investment in mining operations
Because workers involved in producing commodities like coffee were not receiving fair payment for their products
Because free trade agreements were hurting smaller producers
Because there was a surplus of cotton as a result of highly efficient U.S. production

Accepted Answer

The answer of Why did the fair trade movement develop?
Because...

Question 19

Ensyn Corp. converts sawdust into liquid fuel by blasting wood waste with a sand-like substance that is heated. This use of plant waste to produce energy is known as
recycling.
biomass.
green power.
toxic waste conversion.
exajoules.

Accepted Answer

The answer of Ensyn Corp. converts sawdust into liquid fuel...

Question 20

Which of the following is the greatest challenge in meeting a firm's social responsibility?
Determining when to conduct ethical training
Determining the contents of the code of ethics
Determining when to conduct a social audit
Knowing what social responsibility is
Determining how to respond to the interests of one part of society (e.g., investors) which conflict with the needs of another part of society (e.g., customers)

Accepted Answer

The answer of Which of the following is the greatest...

Quiz 3: Conducting Business Ethically and Responsibly

Which three countries are the worst greenhouse gas emitters per capita? China, India, and Russia the United States, Canada, and Australia China, Russia, and the Australia China, the United States, and Canada Japan, China, and Russia

________is the view that a company's only social responsibility is to make as much money as possible for its shareholders. Free market capitalism Managerial capitalism Globalization Mixed economy capitalism None of these terms are correct.

The view that business should balance its commitments to the stakeholders in its environment is known as managerial capitalism. social auditing. social responsibility. business ethics. stakeholder theory.

Approximately of Canadian firms have codes of ethics, while approximately ___ of U.S. firms have them. one-third; two-thirds two-thirds; nine-tenths one-fifth; one-fourth one-half; one-half one-half; three-quarters

All of the following groups are organizational stakeholders except employees. investors. customers. competitors. All of these groups are organizational stakeholders.

Damage to the environment by strip mining is associated with which of the following types of pollution? Noise Land Water Oil Air

Under the Canadian and Ontario Environmental Protection Act, liability for a business firm can run as high as ________ per day. $10 000 $500 000 $25 000 $2 000 000 $5 000 000

________ are waste industrial gases that trap heat in the atmosphere. Greenhouse emissions Byproducts Energy supplies Acid rain Exajoules

Ensyn Corp. converts sawdust into liquid fuel by blasting wood waste with a sand-like substance that is heated. This use of plant waste to produce energy is known as recycling. biomass. green power. toxic waste conversion. exajoules.