Business Ethics Quiz

Social responsibility can be defined as ____________.

• programs develop to have a positive relationship with consumers rather than to sell a certain number of a product

• a stake or claim in some aspect of a company’s products, operations, markets, industry and outcomes.

• degree to which a firm understands and addresses stakeholder demands

• maximize the positive impact and minimize the negative impact on stakeholder

Which of the following refer primary stakeholder?

• Investor, communities & employee

• Investor, government & media

• Investors, community and trade associations

• Media, trade aasociation & competitors

Stakeholders are those who have a stake or claim in some aspect of a company’s products, operations, markets, industry and outcomes. Besides, also provides tangible and intangible resources critical to a firm’s success. Below are considered as stakeholders EXCEPT _______.

• employees

• customers

• media

• children

Stakeholder orientation is the degree to which a firm understands and addresses stakeholder demands. Which one is considered a stakeholders activity?

• Generation of data about stakeholder group

• Membership in business ethics organizations increased

• Being good response to consumers can be extremely profitable

• Investments in business ethics do not support the bottom line

Listed below are secondary stakeholders EXCEPT _______________.

• media

• government

• trade association

• special group interest

The following are lists refer secondary stakeholders ____________.

• Competitors

• Employees

• Customers

• Investors

Which of the following is NOT issues in social responsibility for owners and stockholders?

• financial community at large

• proper accounting procedure

• provide a safe workplace

• primary concern with profit or ROI (return on investment)

Which of the following is NOT a step in implementing a stakeholder perspective?

• Identifying stakeholder groups.

• Assessing the corporate culture.

• Identifying stakeholder resources.

• Assessing organisational commitment to social responsibility

Consumerism is defined as __________.

• the activities of management in giving primary concern to profit or return of investment (ROI)

• the activities of listening to grievances

• the activities that independent individuals, groups, and organisations undertake to protect their rights as consumers

• the activities of business ethics that comprise principles and standards which guide behaviour in business

There are FOUR (4) levels of social responsibility introduced by Archie B. Carroll through “The Pyramids of Corporate Social Responsibility,” which are________________.

• economic, legal, ethical, and voluntary

• stakeholder, shareholder, customer and investor

• consumer, citizen, nationality, and trustworthy

• economic, social, environmental, and political