NU MGT400 final exam 2015

QUESTION 1

Which of the following is a possible unintended consequence of an organization's focusing more on ethics planning that on implementation?

Unethical conduct is viewed as acceptable behavior.

The government implements its own audits.

The ethics program is poorly designed

Employees become annoyed.

The implementation process incurs large costs for the organization.

1 points

QUESTION 2

A(n) _________ is a tool that companies can employ to indentify and measure their ethical commitment to stakeholders.

Ethical audits

Social audits

Financial Audits

Performance Audits

External Audits

2 points

QUESTION 3

Increasing the wealth gap between nations and misusing and misallocating scarce resources are ethical issue accusations related to

Cultural differences

multinational corporations

consumerism

legal difference

international negotiations

2 points

QUESTION 4

In ascending Order, Caroll's four levels of social responsibility are:

ethical, legal, economic, philanthropic

economic, ethical, philanthropic, legal

economic, legal, ethical, philanthropic

legal, ethical, economic, philanthropic

ethical, legal, moral, economic

2 points

QUESTION 5

Which ISO guideline pertains to environmental regulation standards and was designed to help reduce a firm's pollution, waster and carbon footprint?

ISO 3000

ISO 2000

ISO 265000

ISO 26000

!SO 14000

2 points

QUESTION 6

The term used to express how a firm meets its stakeholder exprectations of its economic, legal, ethical and philanthropic responsibilities is:

reputation

corporate citizenship

corporate ethical audit

ethical citizenship

fiduciary duties

2 points

QUESTION 7

Which economist espoused a kind of Darwinian or "wild west" version of capitalism?

Adam Smithy

Theodore Levitt

Norman Bowie

Herman Miller

Milton Friedman

2 points

QUESTION 8

What type of fraudulent activity could involve a comsumer staging an accident to seek damages?

Whacking

Duplicity

Guile

Defamation

Collusion

2 points

QUESTION 9

Prior to the 2008 financial meltdown, bond ratings agencies were accused of having _____ because they were paid by the organizations that they rated. The organizations would shop around for the agency that gave them the best rating.

high ethical standards

excessively complicated systems

a hostile workplace

conflicts of interest

a good business model

2 points

QUESTION 10

_____ are used to obtain or retain business and are not generally considered illegal in the U.S.

Facilitation payments

Bribes

Gifts

Coercive techniques

Threats

2 points

QUESTION 11

Which of the following is not a step in the ethics auditing process?

Secure commitment of top executives and directors.

Review organizational mission, goals, values and policies, and define ethical priorities.

Report the results to the U.S. Sentencing Commission.

Collect and analyze relevant information.

verify the result.

2 points

QUESTION 12

The word _____ implies a balanced organization that makes ethical financial decisions and also is ethical in more subjective matters of corporate culture.

compliance

integrity

financial management

corporate culture

transparency

2 points

QUESTION 13

Which of the following is not a measure of ethical climate?

Collective skill

Collective ethical sensitivity

Collective judgment

Collective character

Collective moral motivation

2 points

QUESTION 14

During which step of the auditing process should a firm examine all documents that make explicit commitments to ethical, legal, or social responsibility?

Secure commitment of top managers and directors.

Establish a committee to oversee the audit.

Define the scope of the audit process

Review organizational mission, goals, values, and policies.

verify the results.

2 points

QUESTION 15

A(n) _____ is a financial accounting firm that offers social auditing services or a nonprofit special interest group with auditing experience that verifies the results of ethics auditing data analysis

stakeholder

ethics audit consultant

best practices expert

financial consultant

board of directors

2 points

QUESTION 16

_____ is a term used by Adam Smith to explain the inherent mechanisms at work in free market systems that keep commerce in equilibrium. It is also known as the “invisible hand

Consumerism

Cultural relativism

Social Democracy

Laissez-fair

Bimmodal wealth distribution

2 points

QUESTION 17

______ assumes that humans may not act rationally because of genetics, learned behavior, and rules of thumb.

Rational economics

Socialism

Cultural relativisim

National culture

Behavioral economics

2 points

QUESTION 18

Which of the following is not a criticism of or charge against multinational corporations (MNCs)?

They transfer jobs overseas, where wage rates are lower

They increase the gap between rich and poor nations

They pay excessively high taxes everywhere

They exploit the labor markets of host countries

They have an unfair advantage when competing with local businesses

2 points

QUESTION 19

Which of the following is a measure taken by governments to curtail MNC practices that create ethical issues?

Levying import taxes to lower the prices MNCs charge for their products

Halting the establishment of minimum wage laws

Avoiding the United Nations' monitoring efforts

Preventing the formation of labor unions

Imposing export taxes to force MNCs to share more of their profits

2 points

QUESTION 20

An unconscious reference to one's own cultural values, experiences, and knowledge is referred to as the

cultural reference criterion

unconscious cultural criterion

cultural-self criterion

self-reference criterion

unconscious cultural-self criterion

3 points

QUESTION 21

Which moral philosophy evaluates the morality of an action on the basis of principles or rules designed to promote the greatest overall utility rather than by examining situations individually?

Rule utilitarianism

Act utilitarianism

Rule deontology

Act deontology

egoism

3 points

QUESTION 22

Which moral perspective defines ethical behavior subjectively from the unique experiences of individuals and groups?

Virtue ethics

Egoism

The relativist perspective

Absolutism

Justice

3 points

QUESTION 23

_____ typically focuses on the end result of actions and happiness created by them, whereas _____ emphasizes the means and motives by which actions are justified.

Pragmatism; hedonism

Deontology; pragmatism

Utilitarianism; deontology

Utilitarianism; a goodness theory

A goodness theory; an obligation theory

3 points

QUESTION 24

Enlightened egoism

is when an individual puts spiritual feelings above all others.

centers completely on the short-term well-being of others.

centers on one's short-term self-interest.

centers on one's long-term self-interest but takes others’ well-being into account.

centers on the long-term well-being of others

3 points

QUESTION 25

_____ have lower ethical issue sensitivity, meaning they are less likely to detect ethical issues. They may be more committed to completing projects and more dedicated to group values and objectives.

Relativists

Hedonists

Pragmatists

Decontologists

Teleologists

3 points

QUESTION 26

Which of the following is a statement that attests that the financial statements made in an audit are fairly stated, without limitations?

Adverse opinion

Qualified opinion

Unqualified opinion

Favorable opinion

Disclaimer of opinion

3 points

QUESTION 27

Under the _____, CEOs and CFOs may be criminally prosecuted if they knowingly certify misleading financial statements.

Sherman Antitrust Act

Ethical Compliance Act

Robinson-Patman Act

Sarbanes-Oxley Act

Sherman Antitrust Act

3 points

QUESTION 28

During which of the following steps of the ethics auditing process does an organization identify the tools or methods for measuring progress in improving employees’ ethical decisions and conduct?

Secure commitment of top managers and directors

Establish a committee to oversee the audit

Define the scope of the audit

Collect and analyze relevant information

Verify the results

3 points

QUESTION 29

_____ are a primary stakeholder group and should be included in the ethics auditing process because their loyalty determines an organization's success.

Customers

Employees

Special interest groups

Competitors

Legislators

3 points

QUESTION 30

The concept of ethics auditing emerged from the movement to audit and report on companies' broader _____ initiatives.

product development

legal compliance

risk management

public relations

social responsibility

3 points

QUESTION 31

Which of the following is probably the best way for a manager to provide good ethics leadership?

Hire an ethics officer

Write a code of conduct

Conduct ethics audits

Set a good example

Only hire good employees

3 points

QUESTION 32

Which of the following statements about multinational corporations (MNCs) is false?

MNCs are corporate organizations that operate on a global scale without significant ties to any one nation or region.

MNCs are inherently unethical and always do harm in the countries in which they operate.

MNCs are characterized by a global strategy of focusing on opportunities throughout the world.

Some MNCs are so large and powerful that their revenues are greater than the gross domestic products of many countries.

Because of their size and power, MNCs have been the subject of much criticism and the source of a number of ethical issues.

3 points

QUESTION 33

When in Rome, do as the Romans do, or you must adapt to the cultural practices of the country in which you are operating are rationalizations businesspeople sometimes offer for straying from their own ethical values when doing business abroad. This practice is called

self-reference criterion

country cultural values

consumerism

cultural relativism

dumping

3 points

QUESTION 34

_____ involves transactions across national boundaries. It is a practice that brings together people who have different cultures, values, laws, and ethical standards.

Global business

Country cultural values

Social democracy

Cultural relativism

Bimodal wealth distribution

3 points

QUESTION 35

Risk compartmentalization occurs when

companies place their most problematic employees into separate profit centers so that they cannot influence one another to act unethically

all profit centers within a corporation are aware of the code of ethics.

all profit centers within an organization become aware of the consequences of competitors' actions.

various profit centers within an organization become unaware of the consequences of their actions on the firm as a whole.

ethics and compliance programs reduce the risk of misconduct.

3 points

QUESTION 36

_____ has been codified in a United Nations document and is defined as an inherent dignity with equal and inalienable rights as the foundation of freedom, justice, and peace in the world.

Cultural relativism

Human rights

Consumerism

Dumping

Health care

3 points

QUESTION 37

Strong ethical leaders have a passion for all of the following except to

do the right thing.

be proactive.

consider stakeholder interests.

be role models for the organization and its employees.

satisfy shareholders before other stakeholder groups.

3 points

QUESTION 38

Leaders whose decisions and actions are contrary to the firm's values send a signal

that the firm's values are trivial or irrelevant.

that they are providing a good example of what not to do.

that the firm's corporate culture is highly important.

that they are working toward improving the ethical culture of the firm.

that they care about the environment.

3 points

QUESTION 39

Which attribute of ethical leaders will not be effective unless the leader is personally involved in the organization’s key ethical decisions?

Stakeholder compassion

Proactive leadership

Transparency

Moral philosophy

Compensation

3 points

QUESTION 40

Which is not considered a white collar crime?

Corporate tax evasion

Credit card fraud

Insider trading

Identity theft

Mugging someone

3 points

QUESTION 41

An individual who emphasizes others rather than himself or herself in making decisions is in which of the following of Kohlberg's stages of development?

Universal ethical principles (6th stage)

Mutual interpersonal expectations, relationships, and conformity (3rd stage)

Social system and conscience maintenance (4th stage)

Punishment and obedience (1st stage)

Prior rights, social contract, or utility (5th stage)

3 points

QUESTION 42

Eric views animal research in the pharmaceutical industry as a way to improve drugs that will benefit mankind. Which moral philosophy most closely represents his viewpoint?

Egoism

Relativism

Humanitarianism

Utilitarianism

Individualism

3 points

QUESTION 43

In Kohlberg’s model, the stage of mutual interpersonal expectations, relationships, and conformity (Stage 3) differs from the stage of individual instrumental purpose and exchange (Stage 2) in terms of the individual’s motives in

considering fairness to others.

maintaining the social order.

considering duty to society

upholding the basic values of society

maintaining obedience to authority

3 points

QUESTION 44

_____ justice considers the processes and activities that produce the outcome or results.

Disruptive

Procedural

Interactional

Communications

Evaluative

3 points

QUESTION 45

The _____ leader demands instantaneous obedience and focuses on punishing wrong behavior, achievement, initiative, and self-control.

democratic

coaching

affiliative

coercive

pacesetting

3 points

QUESTION 46

Melinda is a very popular executive. She inspires her employees to follow a common vision, facilitates change, and creates a strongly positive climate, all while stressing performance. Melinda has helped to create a(n) _____ culture.

authoritative

caring

integrative

exacting

affirmative

3 points

QUESTION 47

_____ are satisfied by social and interpersonal relationships, and _____ are satisfied by creative or productive activities.

Growth needs; relatedness needs

Personal needs,; group needs

Coercive needs, ethical needs

Relatedness needs, growth needs

Group needs, personal needs.

3 points

QUESTION 48

Over the years, scholars have developed more than 100 definitions of culture. According to the text, all have the following common elements:

Culture is shared, relatively stable, and is formed over a long period of time.

Culture is not shared, stable, and is formed over a long period of time.

Culture is shared, not stable, and is formed over a long period of time.

Culture is shared, stable, and is formed over a short period of time.

Culture is man-made, shared, not stable, and is formed over a short period of time.

3 points

QUESTION 49

The elements of ______ important to business transactions have been defined as trust, self-control, empathy, fairness, and truthfulness.

egoism

utilitarianism

decontology

moral philosophy

virtue

3 points

QUESTION 50

The idea that people learn ethical or unethical behavior while interacting with others who are a part of their role sets is referred to as

differential dissonance

cognitive memory dissonance

cognitive association

differential association

casual interaction

3 points

QUESTION 51

How can business leaders use Motivation to improve ethical job performance? How does the hierarchy of needs play into a leader’s ability to improve ethical job performance?

Path: pWords:0

4 points

QUESTION 52

Explain the benefits and risks of ethics auditing? 50 word minimum

Path: pWords:0

4 points

QUESTION 53

What is whistle blowing and what are the concerns about this practice?

Path: pWords:0

4 points

QUESTION 54

What is dumping and why is it considered anti competitive? Does the United States allow dumping?

Path: pWords:0

4 points

QUESTION 55

How can differences in two countries’ culture create ethical issue in business?

Path: pWords:0

4 points

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    ******** 34

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    * points

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    * points

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    * points

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    * points

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    ******** ***

    ***** *** ********* by ****** *** ************* ************* *** ***** are ********* ** ******** ** ********** ***********

    Growth ****** *********** ******

    ******** ****** ***** needs

    ******** needs ******* ******

    *********** ***** growth ******

    Group needs personal ******

    * points

    ******** ***

    **** *** years ******** **** ********* more **** 100 *********** ** ******* According to *** **** all **** the following common **********

    ******* is ****** relatively ****** *** ** formed **** a **** ****** of time

    ******* is not ****** ****** *** ** formed **** * long ****** of *****

    ******* ** ****** *** stable and ** formed **** * **** period of *****

    Culture ** ****** ****** *** is formed **** * ***** ****** ** *****

    ******* ** ******** shared not stable *** is ****** **** * short period of time

    * points

    ******** ***

    *** ******** of ****** ********* ** ******** ************ have been ******* ** ***** ************ ******* ******** *** truthfulness

    *******

    ***************

    ************

    moral ***********

    *******

    3 *******

    ******** ***

    *** **** **** ****** ***** ******* or unethical ******** ***** interacting **** ****** who *** * **** ** their **** **** ** referred to as

    ************ ***********

    ********* ****** dissonance

    ********* association

    ************ ************

    casual interaction

    3 *******

    QUESTION ***

    *** *** ******** leaders use ********** to improve ******* *** performance? How **** the hierarchy ** ***** **** into * leader’s ******* ** improve ethical job *************

    ***** *********

    * points

    ******** ***

    ******* *** benefits *** ***** of ethics ********* ** **** ********

    ***** *********

    4 *******

    ******** 53

    **** ** whistle blowing *** what are *** ******** ***** **** **********

    Path: *********

    * points

    QUESTION 54

    **** ** ******* *** *** ** ** ********** **** ************ **** the United ****** ***** dumping?

    ***** *********

    * *******

    ******** 55

    *** *** *********** in *** **************** ******* ****** ******* issue ** business?

    ***** pWords:0

    * ******

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    NU MGT400 final exam 2015.docx

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