Excelsior BUS323 Module 5 Quiz Latest 2021 April

BUS323 Business Ethics

Module 5 Quiz  

Question 1Companies have shareholders that desire a return on financial support, employees that want to have a safe job earning a reasonable wage, and

  The government who wants companies to earn a profit so as to tax them

  Customers who desire a quality product or service at a reasonable price

  Customer who desire to put their competition out of business

  The community that wants to take all the profits of the organization

 Question 2The third step on Carroll’s pyramid, occupying the 3rd largest position is

  Legal responsibilities

  Ethical responsibilities

  Economic responsibilities

  Philanthropic responsibilities

 Question 3Having a desire to make a positive effect in your organization and community provides strength, and gives you courage to

  Quit

  Pass on a raise

  Inspire others to commit fraud

  Inspire others to act ethically

 Question 4To be socially responsible as an organization means that

  Financial stability and adherence to the law are top concerns when the organization develops its ethics policy

  Marketing plans showing good works are the most important thing when developing an ethics policy

  Media mentions are the most important thing in creating an ethics policy

  The more money you give to causes unrelated to the organization the more ethical you are

 Question 5Does a crisis precipitate CSR efforts?

  No

  It may have been true in the beginning, but unlikely true now

  Yes

  Yes, and it is mandated by law

 Question 6If we step back and take time to think about the meaning we want our career experience to have we can find

  A windfall in the stock market

  Ourselves without purpose

  Strength to act ethically

  Ourselves daydreaming

 Question 7An analysis of CSR efforts at improving community relations should start with an analysis of your

  Marketing plan

  Carbon footprint

  Stakeholders

  Garbage

 Question 8What does CSR stand for?

  Community social responsibility

  Conditional society responsibility

  Corporate statement response

  Corporate social responsibility

 Question 9If organizations choose to bend on their legal responsibilities, (the Dudovskiy article uses Microsoft as an example), what could happen?

  Significant monetary penalties, which could hit market share

  Nothing, as the government supports big business

  Significant monetary benefits

  A rearrangement of Carroll’s pyramid

 Question 10In the Pitfalls to Avoid video, Sherry claims that you could find things to do in the business that often cost you nothing, but do change the way you engage with

  Your community

  Finances

  The media

  Non-profits