Business Ethics Quiz 1

• Question 1

1 out of 1 points

	Minimizing the use of energy and reducing emissions and waste are issues of critical importance to which stakeholder group?
	Selected Answer: 5. Environmental groups

• Question 2

1 out of 1 points

	Which of the following are not typically secondary stakeholders?
	Selected Answer: 1. Customers

• Question 3

1 out of 1 points

	Stakeholders’ power over businesses stems from their
	Selected Answer: 3. ability to withdraw resources.

• Question 4

1 out of 1 points

	The stakeholder ____ recognizes other stakeholders beyond investors, employees, and suppliers, and explicitly acknowledges the two-way dialog and effects that exist with a firm’s internal and external environment.
	Selected Answer: 3. interaction model

• Question 5

1 out of 1 points

	Major corporate governance issues normally involve ____ decisions.
	Selected Answer: 5. strategic-level

• Question 6

1 out of 1 points

	A description of corporate social responsibility should include all of the following except
	Selected Answer: 3. list of environmentally friendly activities.

• Question 7

1 out of 1 points

	The common good was associated with propriety, prudence, reason, and sentiment by
	Selected Answer: 2. Adam Smith.

• Question 8

1 out of 1 points

	The best term to use to express how a firm meets its stakeholders expectations of economic and ethical responsibilities is referred to as
	Selected Answer: 4. corporate citizenship.

• Question 9

1 out of 1 points

	When unethical acts are discovered in a firm, in most instances
	Selected Answer: 3. there was knowing cooperation or compliancy from within the company.

• Question 10

3 out of 5 points

	How does ethics contribute to customer satisfaction?
	Selected Answer: Yes, ethics contributes toward customer satisfaction. The general public loves to know that they are spending their hard earned cash within businesses that they are able to trust. The businesses who fail to be honest in all of their endeavors end up harming their reputations, which also encourages the general public to take their personal business elsewhere. Response Feedback: [None Given]

• Question 11

1 out of 1 points

	Which of the following are not typically primary stakeholders?
	Selected Answer: 4. Trade associations

• Question 12

2 out of 5 points

	Discuss the current state of business ethics in the twenty-first century.
	Selected Answer: In this day and age, business ethics are extremely important. This is owed to the fact that businesses are being watched now more than they ever were in the past. Knowing this, it is important for businesses to always conduct their transactions in an upright manner because those who fail to do so risk the chance of being publicly scrutinzed and condemned. Response Feedback: [None Given]