Question 1

Social responsibility is the recognition that usiness activities have an impact on society and the consideration of that impact in business decisions.

Accepted Answer

Social responsibility involves acknowledging the effects of business activities on society and incorporating these considerations into decision-making processes.

Question 2

The economic model of social responsibility places emphasis not only on profits but also on the impact of business decisions on society.

Accepted Answer

False

Question 3

Consumerism consists of all those activities that are undertaken to protect the rights of consumers in their dealings with business.

Accepted Answer

Consumerism involves efforts and activities aimed at safeguarding consumer rights and ensuring fair trade practices in business transactions.

Question 4

Six basic rights of consumers are the right to safety, the right to be informed, the right to choose, the right to be heard, the right to consumer education, and the right to service.

Accepted Answer

These six rights are widely recognized as fundamental consumer rights, established to protect consumers and ensure fair treatment in the marketplace.

Question 5

Whistle-blowing is an attempt by business to stop employees from exposing their unethical business behavior.

Accepted Answer

Whistle-blowing is when employees report unethical or illegal activities within an organization, not an attempt by the business to stop such exposure.

Question 6

One factor that influences ethical decision making because of the amount of freedom given to employees is the __________ factor.

Accepted Answer

The opportunity factor influences ethical decision making as it relates to the amount of freedom employees have to behave ethically or unethically.

Question 7

A plan designed to increase the number of minority employees at all levels within an organiza-tion is called

Accepted Answer

An affirmative action program is specifically designed to increase the representation of minority groups within an organization by promoting equal opportunities in hiring and advancement.

Question 8

Initiating a social responsibility program takes

Accepted Answer

The commitment of top executives is crucial for initiating a social responsibility program as they set the tone and allocate resources necessary for its implementation.

Question 9

_________ is the process of creating, making, delivering, and promoting products that are envi-ronmentally safe.

Accepted Answer

Green marketing is the process of creating, making, delivering, and promoting products that are environmentally safe.

Question 10

A guide to acceptable and ethical behavior is known as

Accepted Answer

A code of ethics is a set of rules that guide acceptable and ethical behavior.

Question 11

A policy of considering only nonminority pplicants for job openings is called reverse discrimination.

Accepted Answer

Reverse discrimination refers to the practice of favoring individuals belonging to groups known to have been discriminated against previously, not the exclusion of nonminority applicants.

Question 12

Today, few firms are either purely economic or purely socioeconomic in their outlook.

Accepted Answer

Most firms today integrate both economic and socioeconomic perspectives to address financial goals and social responsibilities.

Question 13

Working conditions in the early twentieth century were not much different from those that exist today, except for the more advanced technology involved.

Accepted Answer

Working conditions in the early twentieth century were often harsh, with long hours, low pay, and unsafe environments, which have significantly improved today due to labor laws, regulations, and advancements in workers' rights.

Question 14

Government intervention into business increased after the Great Depression of the 1930s.

Accepted Answer

The Great Depression led to increased government intervention in business to stabilize the economy, exemplified by policies like the New Deal in the United States.

Question 15

An argument for increased social responsibility is the fact that, because business managers are rimarily responsible to business owners, they must be concerned with providing a return on the owners' investments.

Accepted Answer

The argument for increased social responsibility suggests that businesses should also consider the impact of their actions on society and the environment, not just focus on maximizing returns for owners.

Question 16

A group of people who have been singled out for unfavorable treatment on the basis of race, re-ligion, politics, or national origin is called

Accepted Answer

A minority is a group of people who are distinguished from the majority and often face discrimination or unfavorable treatment based on characteristics such as race, religion, politics, or national origin.

Question 17

Environmentalists tend to believe that the proper treatment and disposal of industrial waste is the responsibility of _________.

Accepted Answer

Environmentalists typically argue that businesses, as the producers of industrial waste, should be responsible for its proper treatment and disposal to minimize environmental impact.

Question 18

A government agency with the power to investigate complaints of discrimination and to sue firms that practice discrimination is the

Accepted Answer

The Equal Employment Opportunity Commission (EEOC) is a federal agency responsible for enforcing the federal laws prohibiting discrimination in employment. The EEOC has the power to investigate complaints of discrimination and to sue firms that practice discrimination.

Question 19

The concept that business should emphasize not only profits but also the impact of its decisions on society describes which of the following?

Accepted Answer

The answer of The concept that business should emphasize not...

Question 20

An employee's decision to inform the press or government officials of his or her firm's unethi-cal practices is referred to as

Accepted Answer

Whistle-blowing is the act of reporting unethical or illegal activities within an organization to external parties, such as the press or government officials.

Quiz 2: Ethics and Social Responsibility in Business