Exam (elaborations)

Mock Test Questions 2022 latest update Questions and Answers | graded A+

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unit 2 common ethical issues test question 1 of 9 a company leader facilitates a planning meeting to engage everyone in the companys decision to use postconsumer recycled materials in its packagi

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UNIT 2: COMMON ETHICAL ISSUES TEST
Question 1 of 9
A company leader facilitates a planning meeting to engage everyone in the
company's decision to use postconsumer recycled materials in its packaging.
Which impact does this meeting have on the organization?
It provides more packaging choices.
It improves company profitability.
It increases employee awareness.
It enhances government support.
Correct! This leader is sharing how using postconsumer recycled materials in
packaging could be achieved in an effort to engage employees in corporate
social responsibility.
Question 2 of 9
A senior manager makes an effort to engage in corporate social responsibility
(CSR) activities to build the company's reputation. Which action should the
manager take to continue to move towards this goal?
Focus on marketing efforts
Pay fair wages to employees
Manufacture an inexpensive product
Focus on increasing profit margins
Correct! In order to be a socially responsible action by the manager, it is very
important that the employees are paid fair wages.
Question 3 of 9
A chief executive officer (CEO) of a company that engages in corporate social
responsibility is trying to cut costs. As a result, the CEO decides to move the
operations overseas to a country with low wages and plans on paying a more
than the prevailing wage in that location. Which description accurately
describes this company's action?
Illegal and socially irresponsible
Legal and socially responsible
Illegal but socially responsible
Legal but socially irresponsible
Correct! By providing more than prevailing wages and taking care of the
worker needs, the company is behaving in a legal and socially responsible
manner.
Question 4 of 9

,A manager in a large corporation is trying to encourage the employees to
engage in individual corporate social responsibility (CSR) activities. Which
action should the manager take to support this employee behavior?
Encourage them to attend meetings to brainstorm new project ideas
Ask them to take a pay cut and contribute the missing funds to a
department party
Ask them to work extra time at the offices so they can earn more money
Encourage them to volunteer their time for social concerns
Incorrect. Attending meetings to brainstorm ideas can lead to a better product
and hence, a profitable margin for the company. It is not a part of CSR.
Question 5 of 9
A manager understands the importance of the company's transparent and
ethical supply chain but learns about a foreign supplier's unethical conduct.
During a meeting with the supplier, the manager makes a point of reviewing
the company's code of conduct without explicitly discussing the supplier's
unethical practices. What is the manager discussing in this meeting with the
supplier?
Organizational leadership
Organizational culture
International business culture
International business success
Incorrect. International business culture describes what business populations
in global geographic locations value and what the generally accepted
practices for appropriate conduct are. There is no indication that the supplier
is part of a global supply chain.
Question 6 of 9
An entry-level employee decides to borrow the company car for the weekend
despite the company’s code of ethics against the practice. Which ethical
analysis applies to this behavior?
It is not acceptable because the employee could have an accident while
driving the car.
It is acceptable since the employee is in an entry-level position.
It is not acceptable since it clearly violates policy.
It is acceptable as long as no one discovers the car was borrowed.
Correct! The company's code of ethics states that no employees should use
the company car over the weekend. The employee borrowing the car violates
company policy, regardless of employment level.
Question 7 of 9

, A chief executive officer (CEO) wants to implement a corporate social
responsibility (CSR) strategy that will positively affect the company’s
employees, unions, suppliers, consumers, and local and national
governments. Which group is being targeted by this CSR activity?
Stakeholders
Market niche
Shareholders
Board of directors
Incorrect. A market niche is a specific target market.
Question 8 of 9
A junior accountant discovered fraud in the recording of accounts receivable
and plans to report this information to the local media. Which law protects this
junior accountant from retaliation by management of the company?
Civil Rights Act of 1964
Fair Labor Standards Act
Sarbanes–Oxley Act
Securities and Exchange Act
Correct! The Sarbanes-Oxley Act mandates that all financial areas operate
with transparency, makes it illegal to misrepresent the company's finances to
company stakeholders, and protects whistleblowers.
Question 9 of 9
A chief executive officer (CEO) personally supports internal transparency for
the organization. Which action by the CEO reflects this personal ethical
belief?
Sharing with employees how annual bonuses will be computed and
awarded
Designating offices as smoke-free to promote health and well-being
Funding art initiatives for children's programs at the local art museum
Hosting a community forum where local citizens can learn about the
corporation
Correct! The sharing of this information with all employees will create clear
communication and a better understanding of business processes.

UNIT 2: COMMON ETHICAL ISSUES TEST
Step 1 of 1
Question 1 of 10
In an effort to cut costs, an apparel factory is moving operations to another
country where labor is cheap and employment laws are less stringent. Costs

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Exam (elaborations)

Mock Test Questions 2022 latest update Questions and Answers | graded A+

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