QUESTION Bexhill’s CEO discovers that in short-term contracting with Okoli during survey activities but before Okoli had secured the long-term operations contract, Okoli made a payment to Bexhill. Which of the following, if true, best suggests that the payment was ethically acceptable? A) There are no laws against such payments in Nigeria. B) Okoli received […]
QUESTION A tornado levels a small town. Five big pizza companies take action to support the community. When the town is back on its feet, which company will residents MOST likely buy their pizza from? A) the company that placed an ad expressing support in the local newspaper B) the company that donated money to […]
QUESTION What is the fundamental goal of corporate social responsibility (CSR)? What will be an ideal response? ANSWER Answer: to maximize a company’s positive impacts on society and minimize negative social impacts Explanation: CSR aims to increase social benefits and limit or decrease negative social impacts. The impacts of CSR activities on a company’s […]
QUESTION A famous New York apparel designer undertook several initiatives to improve its corporate social responsibility profile. Which of the following activities would be related to suppliers? A) installing energy-efficient lighting in its offices B) drafting an integrity-based ethics code C) donating clothing samples to charities D) severing contracts with sewing sweatshops E) running a […]
QUESTION What is the role of values in a business setting? What will be an ideal response? ANSWER Answer: Values help determine personal behavior and serve as the foundation of ethical and legal systems. Explanation: Values are relatively permanent and deeply held underlying beliefs and attitudes that help determine people’s behavior.
QUESTION Which area is the focus of the highest number of principles in the U.N. Global Compact? A) human rights B) environment C) anti-corruption D) labor standards E) health ANSWER Answer: D Explanation: D) Four of the ten Global Compact principles address labor rights.
QUESTION Which of the following is NOT addressed in the labor standards principles of the U.N. Global Compact? A) recognition of collective bargaining rights B) payment of fair and living wages C) elimination of forced and compulsory labor D) abolition of child labor E) elimination of discrimination in employment ANSWER Answer: B Explanation: B) […]
QUESTION The FunLife Toy Company recently signed on to a document stipulating global business principles regarding human rights, labor practices, environmental protection, and corruption. Which document did the company sign? A) E-Verify contract B) MBA oath C) Global Compact D) Sarbanes-Oxley Act E) integrity-based ethics code ANSWER Answer: C Explanation: C) Businesses from over […]
QUESTION Which of the following is NOT a focus of the U.N. Global Compact? A) labor standards B) worker education C) environment D) human rights E) anti-corruption ANSWER Answer: B Explanation: B) The Global Compact has no provisions for worker training and education.
QUESTION Which of the following is NOT a major driver for businesses to become interested in global warming? A) desire to influence regulation B) gaining a competitive advantage C) lowering energy use costs D) awareness of the need for social responsibility E) concern over public perception ANSWER Answer: E Explanation: E) Public perception of […]
