Chapter 1 – The Relationship between Business and Society
b b b b b b b b
True / False Questions
b b b
1. A shift has occurred in what society believes business responsibilities should be; today
b b b b b b b b b b b b
there is a greater emphasis on the bottom line than ever before.
b b b b b b b b b b b b
FALSE
Accessibility: bKeyboard
bNavigationDifficulty:
bEasy
Learning b Objective: b 01-01 b Describe b the b complexity b of b the b interrelationships b between b business
b andbsociety.Topic: b 01-01 b The b Business b and b Society b Relationship
2. Responses to social and environmental issues will determine which corporations are able to
b b b b b b b b b b b b
survive in today's competitive environment.
b b b b b
TRUE
Accessibility: bKeyboard
bNavigationDifficulty:
bMedium
Learning b Objective: b 01-01 b Describe b the b complexity b of b the b interrelationships b between b business
b andbsociety.Topic: b 01-01 b The b Business b and b Society b Relationship
3. Integrity refers to the appropriateness of a corporation's behaviour, not to its adherence to
b b b b b b b b b b b b b
moral principles.
b b
FALSE
Accessibility: bKeyboard
bNavigationDifficulty:
bEasy
Learning b Objective: b 01-02 b Define b the bterminology b relating b to b the bintegrity bof b business band b recognize b integrity b issues
b with bstudents. b Topic: b 01-02 b Integrity b in b Business
1-1
,4. Ethics apply to business in the same manner as they apply to religion.
b b b b b b b b b b b b
TRUE
Accessibility: bKeyboard
bNavigationDifficulty:
bMedium
Learning b Objective: b 01-02 b Define b the bterminology b relating b to b the bintegrity bof b business band b recognize b integrity b issues
b with bstudents. b Topic: b 01-02 b Integrity b in b Business
5. A responsible corporation is a business undertaking that responds to social, ethical, and
b b b b b b b b b b b b
environmental responsibilities in addition to its economic obligations.
b b b b b b b b
TRUE
Accessibility: bKeyboard
bNavigationDifficulty:
bEasy
Learning b Objective: b 01-02 b Define b the bterminology b relating bto b the bintegrity bof b business band b recognize b integrity b issues
b withbstudents. b Topic: b 01-02 b Integrity b in b Business
6. The triple-E bottom line (3E) is the evaluation of a corporation's performance according to
b b b b b b b b b b b b b
a summary of the economic, social or ethical, and environmental value the corporation adds
b b b b b b b b b b b b b b
or destroys.
b b
TRUE
Accessibility: bKeyboard
bNavigationDifficulty:
bEasy
Learning b Objective: b 01-02 b Define b the b terminology b relating b to b the b integrity b of b business b and b recognize b integrity
b issues b with bstudents.Topic: b 01-02 b Integrity b in b Business
7. There is little concern that a lack of academic integrity will have an influence on business
b b b b b b b b b b b b b b b
integrity.
b
FALSE
Accessibility: bKeyboard
bNavigationDifficulty:
bMedium
Learning b Objective: b 01-02 b Define b the bterminology b relating bto b the bintegrity bof b business band b recognize b integrity b issues
b withbstudents. b Topic: b 01-03 b Integrity b of b Business b Students
1-2
, 8. Until recently, business schools had largely neglected ethics and emphasized functional
b b b b b b b b b b
areas, some of which have focused on the financial rather than the social responsibilities
b b b b b b b b b b b b b b
bofbusiness.
TRUE
Accessibility: bKeyboard
bNavigationDifficulty:
bMedium
Learning b Objective: b 01-02 b Define b the bterminology b relating b to b the bintegrity bof b business band b recognize b integrity b issues
b with bstudents. b Topic: b 01-03 b Integrity b of b Business b Students
9. Most people agree there is a universal way to approach ethics and as such, there is
b b b b b b b b b b b b b b b
widespread agreement as to the appropriate behaviour by business in society.
b b b b b b b b b b b
FALSE
b
Accessibility: bKeyboard
bNavigationDifficulty:
bEasy
Learning b Objective: b01-03 b Differentiate bbetween b the b three b main bapproaches b to b ethical b thinking.
bTopic: b 01-04 b Main b Approaches b to b Ethical b Thinking
10. Deontological theories of ethics are rule-based.
b b b b b
TRUE
Accessibility: bKeyboard
bNavigationDifficulty:
bEasy
Learning b Objective: b01-03 b Differentiate bbetween b the b three b main bapproaches b to b ethical b thinking.
bTopic: b 01-04 b Main b Approaches b to b Ethical b Thinking
11. Virtue ethics emphasizes the situation that individuals find themselves in and focuses on
b b b b b b b b b b b b
what they are doing.
b b b b
FALSE
Accessibility: bKeyboard
bNavigationDifficulty:
bMedium
Learning b Objective: b01-03 b Differentiate bbetween b the bthree b main b approaches bto bethical
bthinking. b Topic: b 01-04 b Main b Approaches b to b Ethical b Thinking
1-3
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