Ethics and Sustainability Exam Questions - 1160 Verified Questions

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Ethics and Sustainability Exam

Questions

Course Introduction

This course explores the critical relationship between ethical principles and sustainable practices in todays global society. Students will examine various ethical frameworks and how they inform decision-making processes related to environmental, social, and economic sustainability. Through the analysis of case studies, contemporary issues, and policy debates, learners will develop skills to assess the impacts of human activities on both local and global scales. The course encourages critical thinking about personal and collective responsibilities, fostering an understanding of how ethical considerations shape sustainable solutions in business, government, and everyday life.

Recommended Textbook

Canadian Business and Society Ethics Responsibilities and Sustainability 3rd Edition by Robert W.

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16 Chapters

1160 Verified Questions

1160 Flashcards

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Page 2

Chapter 1: The Relationship Between Business and Society

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75 Verified Questions

75 Flashcards

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Sample Questions

Q1) Canadians' overall attitude towards business has been basically positive over the last ten years.

A)True

B)False

Answer: False

Q2) Government and business work collaboratively with multiple stakeholders to use resources to meet the needs of the members of a society.This arrangement is called the __________ system of a nation.

A) economic

B) free enterprise

C) responsible enterprise

D) capitalist

E) political

Answer: A

Q3) A partnership may involve two or more than two individuals sharing the ownership of a business.

A)True

B)False

Answer: True

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Page 3

Chapter 2: Ethics and Capitalism

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87 Flashcards

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Sample Questions

Q1) Economic freedom does not address the rights of individuals,only of business enterprises.

A)True

B)False

Answer: False

Q2) "It's a level playing field," said the executive to the new hires."No matter where you went to school,you will succeed here based on what you do starting today.It is all up to you." This sentiment expresses the __________ assumption of capitalism.

A) individualism

B) intellectual property

C) equality of opportunity

D) right to personal property

E) profit maximization

Answer: C

Q3) State capitalism involves market manipulation.

A)True

B)False

Answer: False

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Chapter 3: Identifying Stakeholders and Issues

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Sample Questions

Q1) Government in Canada is very influential over corporate decision-making.ABC Corporation is negotiating with aboriginal groups regarding forestry practices in their region and the government is facilitating the process.Influence and power,in this case,is not held by any one institution and is dispersed.This example reflects the operation of a(n) __________ society.

A) pluralist

B) stakeholder

C) issues-oriented

D) business-oriented

E) collective

Answer: A

Q2) Lenders and Creditors are stakeholders that can be taken for granted because their influence is small as there are many lending institutions.

A)True

B)False

Answer: False

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Chapter 4: Stakeholder and Issue Analysis

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Sample Questions

Q1) The position/importance matrix is a method used to categorize stakeholders.Stakeholders who would oppose the organization's course of action and are relatively unimportant to the organization would be placed in the ________ category.

A) low priority stakeholders

B) antagonistic stakeholders

C) supporter stakeholders

D) problematic stakeholders

E) None of the answers.

Q2) A large chain of bookstores called Littera is planning to build a new store in a small town in the prairies.They are known for their large selection and low prices.Before going public,the management at Littera decides to categorize identified stakeholders using a position/importance matrix.The customers who would purchase from Littera would be categorized as:

A) Low priority stakeholders

B) Antagonistic stakeholders

C) Supporter stakeholders

D) Problematic stakeholders

E) None of the answers.

Q3) Differentiate between stakeholder management and stakeholder collaboration.

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Chapter 5: Ethics of Business: The Theoretical Basis

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Sample Questions

Q1) What are the three myths pertaining to business ethics?

Q2) The decision to relocate production to a developing nation is complex.There will be certain harms to the current employees in Canada,as well as to the community in which the Canadian factory is located.There are also significant benefits.Some stakeholders,such as the stockholders,will feel these benefits more than others.The future employees in the developing nation will certainly benefit from the relocation.Other options are considered and it is determined that the benefits of relocation outweigh the negatives.The decision is made on the basis of the ___________ principle of ethical reasoning.

A)universal rule

B)personal virtues

C)ethic of caring

D)D.utilitarian

E)economic efficiency

Q3) Ignoring the ethical implications of a decision is amoral according to which approach?

A) Approach 1

B) Approach 2

C) Approach 3

D) Approach 4

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Chapter 6: Ethics of Business: Management and Leadership

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Sample Questions

Q1) When first founded,the company developed policies about employees giving kickbacks to employees who provide referrals to new customers.Codes of conduct have evolved over time.The policy which includes policies about bribery and kickbacks reflects which generation of codes of conduct?

A) First

B) Second

C) Third

D) Fourth

E) Fifth

Q2) Julian is in a conflict of interest regarding the use of his employer's property.He took office supplies home.

A)True

B)False

Q3) What are the six clear questions used in the Pagano model to test the ethics of a particular action? Is it

Q4) Managers do not respond to the threat of informal sanctions.

A)True

B)False

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Chapter 7: Corporate Social Responsibility: The Concept

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75 Verified Questions

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Sample Questions

Q1) Some corporations have built their competitive advantage on social responsibility initiatives or strategies which set it apart from its competitors.

A)True

B)False

Q2) The view that the corporation has little or no social responsibility is an example of which amoral view of social responsibility?

A) Fundamentalism

B) Legal recognition

C) Individual agreement

D) Traditional shareholders model

E) Immorality

Q3) According to Carroll's Pyramid of Corporate Social Responsibility,it is essential that a firm satisfy its economic responsibilities,such as profit generation,before any other social responsibilities.

A)True

B)False

Q4) Corporate virtue is good for profits.Explain.

Q5) Explain the five levels of CS as identified by Marrewijk.

Q6) On what grounds has the Triple-E bottom line been criticized?

Page 9

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Chapter 8: Corporate Social Responsibility: In Practice

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Sample Questions

Q1) A social enterprise is a model of business where a balance is sought between financial return to shareholders and the furtherance of social aims.

A)True

B)False

Q2) Explain the recent trend of community investment in CSR.

Q3) Small businesses are more likely than large businesses to use misleading advertising.

A)True

B)False

Q4) Arguments against corporate giving include all of the following,except:

A) Funds belong to shareholders

B) Social welfare is the role of government

C) Adverse publicity

D) Too many guidelines

E) Benefits are seldom measurable

Q5) A social entrepreneur is the leader of a social enterprise,not of a non-profit organization.

A)True

B)False

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Chapter 9: Measuring,reporting,and Communicating CSR

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Sample Questions

Q1) What are some of the various ways that a corporation may communicate CSR and sustainability results?

Q2) Social auditing is a systematic assessment of the effects an enterprise has on society that are not covered in the traditional financial reports.

A)True

B)False

Q3) The Network for Business Sustainability (NBS) suggests calculating the return of investment of CSR by thinking in terms of creating value.

A)True

B)False

Q4) Stakeholders are increasingly demanding or expecting sustainability reporting from business.The pressure for these reports comes from all of the following stakeholders,except:

A) shareholders

B) employees

C) consumers

D) service professionals

E) E.competitors

Q5) Is there a definitive relationship between CSR and profitability?

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Chapter 10: Regulating Business Ethics and Responsibilities

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Sample Questions

Q1) refers to the involvement of the Canadian government in the mining of gold in Canada to prevent the abuse of women and children working in the mines.

A)True

B)False

Q2) How does the trend toward privatization provide opportunities for business?

Q3) A company that manufactures natural food supplements and vitamins had just launched a new product line when it was announced by government that there were to be new restrictions on the sale of supplements and vitamins.The CEO chastised the manager of the corporate public affairs department for not monitoring government initiatives more closely.The manager responded that it was not his department's responsibility to try to forecast what government would do.The manager is correct that this is not part of the normal duties of a corporate public affairs department.

A)True

B)False

Q4) The British Petroleum disaster in the Gulf of Mexico led to demands for weaker government regulation in the petroleum industry.

A)True

B)False

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Page 12

Chapter 11: Responsible Ownership and Governance

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Sample Questions

Q1) In some companies up to 95% of equity is held by non-voting shareholders.

A)True

B)False

Q2) There are dangers associated with excessive governance as it causes managers to be overly cautious,more risk adverse,and diminishes innovation.

A)True

B)False

Q3) Having developed a prototype of his new lawnmower,John is attempting to acquire sufficient capital to market his product.In exchange for a majority ownership of his company,John receives two million dollars from an investment group in Brampton to provide the income to launch this endeavour.The investors group is an example of a(n)

A) mutual company

B) income trust

C) labour supported investment fund

D) venture capital company

E) private equity firm

Q4) Describe the Ethical Growth Fund.

Q5) Compare "do-gooder" funds to "objectionable" funds.

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Chapter 12: Ethics and Responsibilities in the Workplace and Marketplace

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75 Verified Questions

75 Flashcards

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Sample Questions

Q1) Concentration of corporate power can be measured within a single industry by providing the percentage of sales controlled by the four or eight largest firms.

A)True

B)False

Q2) What ethical and responsibility issues are related to fair compensation?

Q3) Discrimination can become part of a manager's habit,so much so that they do not even realize they are discriminating against an employee.

A)True

B)False

Q4) Consumer sovereignty reflects collectiveness as opposed to individualism.

A)True

B)False

Q5) According to theories regarding the work ethic,work is important because it

A) Is a purposeful activity

B) Allows for leisure time

C) Is a hedonistic activity

D) Still provides divine dignity

E) Permits the accumulation of wealth

Q6) What are the origins of the work ethic concept?

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Chapter 13: Civil Society Stakeholders

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64 Verified Questions

64 Flashcards

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Sample Questions

Q1) Silva is considering a position in a company that promotes itself as being focused on spirituality in business.Spirituality,in this context,refers to:

A) An individual's sense of peace or purpose with him/herself and the connection to others and even nature that provides meaning to life and a sense of one's self.

B) Commitment to one of several organized religions.

C) The business itself is focused on provision of religious goods or services.

D) Religious commitment is a core element of managerial decision making.

E) Religious activism.

Q2) Non-governmental organizations are involved with economic,ethical,and environmental concerns.

A)True

B)False

Q3) NGOs,because they are non-profits,do not have the need for codes of ethics.

A)True

B)False

Q4) Canadian media is concentrated,having only one or a few owners.

A)True

B)False

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15

Chapter 14: The Environment and Business Responsibilities

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71 Verified Questions

71 Flashcards

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Sample Questions

Q1) Inconsistencies between consumers' expressed concerns regarding environmentalism and their consumption of environmentally unfriendly products create ethical and responsibility challenges for corporations.

A)True

B)False

Q2) ENGOs are groups that hold shared values or attitudes about challenges confronting the environment.

A)True

B)False

Q3) The level of cooperation between ENGOs and business is increasing.

A)True

B)False

Q4) Business sustainable development is focused on business strategies and activities that balance firms' priorities with stakeholder interests.

A)True

B)False

Q5) Describe a system of offsets as a variation of emissions trading.

Q6) What is the mission of the WWF-Canada?

Q7) Compare standard environmentalism to market environmentalism.

Page 16

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Chapter 15: Globalization and Business Responsibilities

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Sample Questions

Q1) INGOs collectively maintain a separation from corporations and therefore do not monitor production facilities on behalf of multinational corporations.

A)True

B)False

Q2) The Government of Canada endorses a specific standard of conduct for multinational corporations headquartered in Canada.

A)True

B)False

Q3) Sandra is hoping to work in a supranational institution following graduation because she believes that monetary support will aid developing nations in the reduction of poverty.She should apply for a position with ____________.

A) United Nations

B) International Monetary Fund (IMF)

C) International Labour Organization

D) OECD

E) UNESCO

Q4) Describe an INGO and provide two examples of such organizations.

Q5) Describe the International Labour Organization (ILO).

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Chapter 16: The Socialization of Capitalism

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Sample Questions

Q1) In a compliance-based strategy,there is little to no consideration given to issues of sustainability.

A)True

B)False

Q2) According to an article in the Ivey Business Journal,the top 10 hurdles for business sustainability include all the following,except:

A) Companies do not know how best to motivate employees to undertake sustainability initiatives.

B) Consumers consistently factor sustainability into their purchase decisions.

C) Sustainability still does not fit neatly into the business case.

D) Better guidelines are needed for engaging key stakeholders, such as aboriginal communities.

E) There is no common set of rules for sourcing sustainably.

Q3) Students taking pledges and oaths have become increasingly popular.

A)True

B)False

Q4) A vision is a statement which is future oriented.

A)True

B)False

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