Ethics And Corporate Social Responsibility

This question bank verified by Studydeets

All Questions

Question 1

Free

Multiple Choice

Which of the following best describes morality?

Choose correct answer/s

It is defined as the tool used to measure the level of social integration present in society.

It is the study of ethical values that are perceived in an organization.

It is the study of moral standards and their effect on behavior and conduct.

It is defined as the standards that people use to judge what is right or wrong, good or evil.

Check answer

Question 2

Free

Multiple Choice

Which of the following is a direct benefit derived from CSR?

Choose correct answer/s

CSR can improve a company's brand value.

CSR is responsible for bringing foreign direct investment.

CSR brings better productivity from the workforce.

CSR has a direct impact on debenture interest rate.

Check answer

Question 3

Free

Multiple Choice

_____ is defined as the ethical philosophy claiming that behaviors are considered moral if they produce the greatest good for the greatest number of people.

Choose correct answer/s

Consumerism

Totalitarianism

Utilitarianism

Kantianism

Check answer

Question 4

Free

Multiple Choice

According to Kazuo Inamori, an employee in the first level of performance would

Choose correct answer/s

neglect morality to gain economic benefits.

achieve results with a challenging spirit and positive attitude.

fail to achieve any sustainable results.

enjoy successful results without positive efforts.

Check answer

Question 5

Free

Multiple Choice

_____ is an ethical philosophy claiming that motives are the most important aspect in judging what is right or wrong.

Choose correct answer/s

Utilitarianism

Capitalism

Moralism

Kantianism

Check answer

Question 6

Multiple Choice

Someone who has been entrusted to make decisions on behalf of another party is called a

Choose correct answer/s

mentor.

principal.

fiduciary.

subordinate.

To unlock the question

Question 7

Multiple Choice

Which of the following is true of virtue ethics?

Choose correct answer/s

It claims that morality's primary function is to develop virtuous character.

It claims that profitability is the fundamental virtue for every organization.

It claims that an organization's morality is defined by its members.

It claims that a virtuous organization is always a successful one.

To unlock the question

Question 8

Multiple Choice

_____ is a subset of justice that claims that rules should be clearly stated, consistently obeyed, and impartially enforced.

Choose correct answer/s

Distributive justice

Procedural justice

Retributive justice

Conditional justice

To unlock the question

Question 9

Multiple Choice

Which of the following best describes distributive justice?

Choose correct answer/s

It is a subset of justice that deals with treatment of people within a society, an institution, or a state.

It is a subset of justice that deals with implementation of rules and regulations in an organization.

It is a subset of justice that deals with the distribution of wealth among members of a society.

It is a subset of justice claiming that rules should be clearly stated, consistently obeyed, and impartially enforced.

To unlock the question

Question 10

Multiple Choice

When making a decision, Sara prepares a cost-benefit analysis of all possible outcomes and selects the alternative that results in the greatest good for all affected parties. Sara subscribes to which ethical framework?

Choose correct answer/s

Utilitarianism

Kantianism

Virtue ethics

Distributive justice (Egalitarianism)

To unlock the question

Question 11

Multiple Choice

The fact that companies exposed millions of Americans to asbestos while operating within the law provides support for

Choose correct answer/s

the need for ethics in business.

the need for ethics in private life.

tax penalties on companies that do not practice CSR.

the need for more public relations campaigns.

To unlock the question

Question 12

Multiple Choice

When Monni evaluates employees, he considers their results as well as the attitude and process with which the results were obtained. Monni most likely subscribes to which ethical framework?

Choose correct answer/s

Utilitarianism

Kantianism

Virtue ethics

Distributive justice (Egalitarianism)

To unlock the question

Question 13

Multiple Choice

A scientist receives a yearly grant from a pharmaceutical company that funds research on a new cancer drug. After conducting the research, the scientist learns that the new cancer drug is less effective compared to many other cancer drugs in the market. After the scientist shares this information with the company, they encourage him to "reanalyze the data" in order to find different results favorable to the pharmaceutical company. The company also suggests that if different results are not found, it will withdraw all research funding from the scientist. Which of the following is the scientist facing?

Choose correct answer/s

A conflict of interest

A trade secret violation

A privacy violation

A whistle-blowing allegation

To unlock the question

Question 14

Multiple Choice

Leslie has been hired as an executive to make decisions on behalf of the company and its shareholders. Leslie is now in a(n)

Choose correct answer/s

fiduciary relationship with the shareholders.

ordinary business relationship with the company.

CSR relationship with the company and its shareholders.

utilitarian relationship with the company and its shareholders.

To unlock the question

Question 15

Multiple Choice

Jim, a programing expert at CL Corp., creates a new software program. However, before he can reveal his program, he receives an attractive employment offer from a rival company. Jim resigns from CL Corp. and accepts the rival company's offer, and he mentions the new software to his new employer. In this scenario, Jim is

Choose correct answer/s

engaging in a conflict of interest.

revealing a trade secret.

competing fairly in the open market.

violating employee privacy.

To unlock the question

Question 16

Multiple Choice

Gary has been charged with the task of establishing business relationships in a foreign country where it is customary to lavish decision makers with expensive gifts. Gary is faced with the ethical dilemma of

Choose correct answer/s

CSR.

conflict of interest.

bribery.

insider trading.

To unlock the question

Question 17

Multiple Choice

Maynard Inc., a construction company, planned to set up operations in a foreign country. However, due to bureaucracy problems and paperwork delays in the local government offices, the company was unable to begin operations. The company distributed gifts and holiday vouchers to officials present in the local offices in order to speed up the paperwork. In this scenario, Maynard Inc. is engaged in

Choose correct answer/s

bid-rigging.

whistle-blowing.

bribery.

moral discrimination.

To unlock the question

Question 18

Multiple Choice

Which of the following best defines whistle-blowing?

Choose correct answer/s

It is the attempt to influence a bidding process by providing monetary or non-monetary benefits to officials engaged in the process.

It is the attempt to gain an unfair advantage by providing monetary benefits to governmental officials.

It is the release of trade secrets by a member of an organization to a rival organization engaged in the same business or trade.

It is the release of information by a member of an organization that is evidence of illegal or immoral conduct to the company's executives or outside regulatory agencies.

To unlock the question

Question 19

Multiple Choice

Whistle-blowers usually report problems with the firm because

Choose correct answer/s

they believe the firm will lose profits.

they believe it is their ethical duty to report the problem.

the firm needs to be more socially responsible.

they will receive extra compensation from the government.

To unlock the question

Question 20

Multiple Choice

Jake, a corporate accountant, works for a manufacturing firm. During an annual accounts review, he noticed that there were certain discrepancies in the accounts. He determined that top management was involved in manipulation of the accounts and reported this to the federal authorities. In this scenario, Jake is

Choose correct answer/s

engaged in bribery.

revealing trade secrets.

engaged in whistle-blowing.

engaged in bid-rigging.

To unlock the question