Business Ethics Management Complete Test Bank Ch5

Type: fill-in-blank

Title: Chapter 05 - Question 01

01) ______ or ______ statements are statements outlining corporate aims, beliefs and values, which increasingly include social, ethical and environmental goals.

Page reference: p.183-184

a. Mission or value

Type: multiple choice question

Title: Chapter 05 - Question 02

02) Risk analysis and management is one of the key components of business ethics management. According to Sison (2000), this is because the language of risk assessment has encouraged firms to spell out the risks that firms run by ignoring ethics, in terms of...?

a. Potential reputational damage.

b. Possible monetary impact.

c. Likelihood of punitive governmental regulations.

d. The firm’s ability to attract and retain the best staff.

Type: multiple choice question

Title: Chapter 05 - Question 03

03) Crane et al identify four main types of ethical codes. Read the following carefully and choose which of the following is not one of these four main types.

a. Professional codes of ethics (e.g., marketing).

b. Industry codes of ethics (e.g., financial services industry).

c. Organizational codes of ethics (code for a single organization).

d. Accreditation codes of ethics (e.g. use of the Fairtrade mark).

Type: multiple response question

Title: Chapter 05 - Question 04

04) Donaldson (1996) proposes principles for organizations working internationally and needing to address cultural differences when developing their ethical codes. What are these principles? Please select all that apply.

a. Respect for key principles of the major religious traditions.

b. Respect for local traditions.

c. The belief that context matters when deciding what is right and wrong.

d. Respect for core human values, which determine an absolute threshold.

Type: matching question

Title: Chapter 05 - Question 05

05) Match the ethics-related term to its correct description.

Page reference: p.182-186

a. Ethics education = Training and learning related to ethics, provided within, typically, a business or university setting.

b. Business ethics management = The direct attempt to formally or informally manage ethical issues

c. Ethics governance processes = The managers, officers and committees responsible for managing ethics within an organisation.

d. Ethics consultants = Individuals or organisations that manage aspects of business ethics via an outsourcing agreement or provision of specialist training.

Type: matching question

Title: Chapter 05 - Question 06

06) Match the following reasons that firms should engage in social accounting

Page reference: p.207-208

a. Internal and external pressure = Firms are responding to new expectations that they disclose their operations.

b. Identifying risks = Social accounting provides firms a clearer picture of their relative strengths and vulnerabilities.

c. Improved stakeholder management. = Social accounting helps provide information to the wider world, and helps managers make more informed decision making.

d. Enhanced accountability and transparency = Social accounting helps ensure that companies answer for the consequences of their actions.

Type: multiple choice question

Title: Chapter 05 - Question 07

07) Which of the following is not one of the issues that Zadek et al (1997) have proposed as the key principles of good social accounting?

a. Continuous improvement.

b. External verification.

c. Protecting the integrity of confidential data.

d. Management policies and systems.

Type: multiple choice question

Title: Chapter 05 - Question 08

08) Which of the following is a scheme to tackle the specific aspect of reporting assurance in social accounting?

a. ISO 26000

b. SA 8000

c. AA 1000S

d. ISO 14001

Type: matching question

Title: Chapter 05 - Question 09

09) Treviño et al (1999) identify four main ways of approaching the formal organization of business ethics management. Match the label with the correct description.

Page reference: p.219-220

a. Compliance orientation = Main emphasis is on preventing, detecting, and punishing violations of the law.

b. Values orientation = Approach is based on defining organizational values and encouraging employee commitment to certain ethical aspirations.

c. External orientation = The focus is on satisfying stakeholders such as customers, the community and shareholders.

d. Protection orientation = Primary orientation is (or is perceived to be) towards shielding top management from blame for ethical problems or legal violations.

Type: true-false

Title: Chapter 05 - Question 10

10) Codes of ethics are typically applicable globally and do not need altering depending on the country or region in which multinational enterprises operate.

a. True

b. False

Type: true-false

Title: Chapter 05 - Question 11

11) The AA1000s Assurance standard was the first attempt to provide a coherent and robust basis for assuring a public report and its underlying processes, systems and competences.

a. True

b. False

Type: multiple response question

Title: Chapter 05 - Question 12

14) What are some essential distinguishing elements of social accounting? Choose all that apply.

a. Its focus on issues other than (but not necessarily excluding) financial data.

b. Its move firmly away from quantitative data.

c. Its intended audience extending beyond (but not excluding) shareholders.

d. Its status as a voluntary rather than a legally mandated practice (at least in most jurisdictions).

Type: fill-in-blank

Title: Chapter 05 - Question 13

13) Fill in the missing word. A voluntary statement that commits an organization, industry, or profession to specific beliefs, values, and actions and/or that set out appropriate ethical behaviour for employees is often called a _______.

Page reference: p.184

a. Code of Ethics

Type: multiple response question

Title: Chapter 05 - Question 14

14) Which of the following is an environmental management system drafted by the European commission which involves strong employee involvement and compliance with environmental legislation ensured by government supervision?

a. ISO26000

b. GRI

c. ISO14001

d. EMAS

Type: fill-in-blank

Title: Chapter 05 - Question 15

15) Fill in the missing word. ______________ describes businesses efforts to minimize the negative environmental impact of a firm’s products throughout their lifecycle.

Page reference: p.212-213

a. Environmental management