Question 1

Women in Saudi Arabia have been arrested for driving.Their actions are

Accepted Answer

The act of women driving in Saudi Arabia is currently illegal according to the country's laws. However, many argue that it is ethical for women to have the right to drive and that the current legal restriction is unjust. Therefore, despite being illegal, their actions can be considered ethical.

Question 2

The extent to which an organization and its members follow basic ethical standards of behavior is called legal compliance.

Accepted Answer

Legal compliance refers to following laws, regulations and policies mandated by the governing bodies, whereas ethical standards go beyond the minimum legal requirements and involve acting in accordance with moral principles and values.

Question 3

The primary economic agents of interest for an organization include

Accepted Answer

All of these choices are primary economic agents of interest for an organization. Customers are critical for generating revenue, competitors can impact market share and pricing, suppliers provide resources for production, and dealers help distribute the organization's products or services. All of these agents play a vital role in shaping the success of an organization.

Question 4

Which of the following is NOT an example of a situation in which a manager is likely to be called upon to make an ethical decision regarding the relationship of the firm to the employee?

Accepted Answer

Customer relations primarily involve interactions between the company and its customers, rather than decisions directly impacting the relationship between the firm and its employees. The other options (A, C, D, E) directly relate to employee management and welfare, where ethical considerations regarding treatment, privacy, and support are often necessary.

Question 5

Some companies require employees to only use their company cell phones for work related activities.Companies can check phone records,but it is a tedious process that would be unnecessary as long as employees do the right thing.This is an example of how employees treat the organization regarding ______.

Accepted Answer

The scenario described pertains to employees being expected to use their company-provided cell phones only for work-related activities, which is an ethics issue of honesty. The other options such as conflicts of interest, secrecy, and confidentiality are not directly relevant to the scenario described.

Question 6

The Food and Drug Administration's focus on consumer-related concerns is a form of direct regulation.

Accepted Answer

The FDA regulates and enforces laws related to food, drugs, cosmetics, medical devices, and other consumer-related products, making it a form of direct regulation.

Question 7

Which of the following is an important factor in how the organization treats economic agents?

Accepted Answer

All of these options are important factors in how an organization treats economic agents. Competitors can influence the strategies that an organization employs, unions can affect labor relations and wages, customers are crucial for generating revenue and maintaining brand reputation, and owners/stockholders have a vested interest in the profitability and performance of the organization. Therefore, each group must be treated carefully to ensure the organization's success.

Question 8

Congressman Anthony Weiner resigned after sending naked pictures of himself to adult women who were not his wife.His actions were

Accepted Answer

Congressman Anthony Weiner's actions were legal, as there were no laws against sending explicit images to consenting adults. However, his actions were unethical, as they violated the trust of his constituents and betrayed the values expected of a public official.

Question 9

Under U.S.law,it is illegal for a U.S.firm operating in a foreign country to pay bribes to get what it needs.Natives of some of those same countries consider the payment of bribes to be perfectly acceptable.Which of the following influences may account for this difference?

Accepted Answer

The differing views on the acceptability of bribes in different countries can largely be attributed to cultural differences. In some cultures, the payment of bribes may be seen as a necessary practice for getting things done, while in others it is viewed as unethical and illegal. Economic, religious, and educational influences may also play a role, but cultural differences are the primary driver of this discrepancy.

Question 10

The mayor of NYC convinced the Rent Guidelines Board to approve a rent freeze.Landlords complained,but could not change it.This is an example of the

Accepted Answer

This situation involves the relationship of the firm (landlords) to other economic agents (in this case, the Rent Guidelines Board and the mayor of NYC). The decision made by the board and mayor had an impact on the operations and profits of the landlords, but they did not have the power to change the decision.

Question 11

Someone's ethical standards are developed as a child in response to his or her

Accepted Answer

Someone's ethical standards are developed in response to a combination of factors including parents' and other adults' behavior, peers, and religious beliefs. These influences collectively shape an individual's ethical framework from childhood.

Question 12

Awarding funds or gifts to individuals is called philanthropic giving.

Accepted Answer

The answer of Awarding funds or gifts to individuals is...

Question 13

One way the government regulates or tries to influence businesses is by using political action committees.

Accepted Answer

Political Action Committees (PACs) are organizations that collect funds to donate to political campaigns or to spend on ads in support of political causes or candidates. They are not tools used by the government to regulate or influence businesses; rather, they are a means through which businesses and other groups can attempt to influence government policy and elections.

Question 14

The National Football League Players Association agreed to a salary cap.This is an example of how the

Accepted Answer

The answer of The National Football League Players Association agreed...

Question 15

The Nation Football League executives shorted unrestricted free agency requirements from six seasons to four,which gave individual players greater mobility and negotiating power.This is an example of how the

Accepted Answer

The decision by NFL executives to shorten the unrestricted free agency requirements from six seasons to four indicates how the organization treats its employees by giving them greater personal and professional mobility and negotiating power. This change in policy reflects a more employee-friendly approach that recognizes the value of talent, skills, and experience that players bring to the league. Thus, the correct answer is C - organization treats the employees.

Question 16

All of the following issues stem from how employees treat the organization EXCEPT

Accepted Answer

Wages and working conditions are issues that affect employees, not necessarily caused by them. Conflicts of interest, secrecy and confidentiality, employee honesty, and misappropriation of organizational resources all involve employee behavior and actions.

Question 17

Advertising for Abercrombie and Fitch uses overt sexuality to sell clothes.Ads for Abercrombie,the pre-teen sizes,are only moderately less sexual and products include swim wear with padding in the chest.Many people object to this advertising.This is an example of the relationship of the

Accepted Answer

This is an example of the firm's relationship to the environment, as many people in society object to the overt sexualization of pre-teens and the use of sexuality to sell clothes. This can lead to negative attitudes towards the brand and impact the overall environment in which the firm operates.

Question 18

A corporate social audit is a formal and thorough analysis of the effectiveness of a firm's social performance.

Accepted Answer

A corporate social audit involves evaluating a company's social responsibility initiatives and impact on stakeholders, including employees, customers, communities, and the environment. It is a comprehensive examination of a firm's social performance, including its policies, practices, and outcomes, and may involve the use of frameworks such as the Triple Bottom Line or the Global Reporting Initiative. The purpose of a social audit is to identify areas of strength and weakness in a company's social performance and to develop strategies for improvement.

Question 19

Kweku Adoboli was arrested after losing $2.3 billion of UBS global equities.Adoboli's actions were

Accepted Answer

Adoboli's actions were illegal because he engaged in unauthorized trading and falsified records to conceal his losses. They were also unethical because he knowingly took risks that could harm his employer and the financial system as a whole.

Question 20

Blowing your own horn is the disclosure by an employee of the illegal or unethical conduct on the part of others within the organization.

Accepted Answer

Blowing your own horn refers to someone promoting or bragging about their own achievements, not disclosing unethical or illegal conduct. Disclosing such conduct is known as whistleblowing.

Quiz 4: Responding to the Ethical and Social Environment