Which one of the following is considered to be a nonmarket
stakeholder of business?
Customers
Media
Creditors
Stockholders
Points Received: 3 of 3

Question 2. Question
:
Stakeholder groups can include:
IN
stockholders.
the
media.
environmental
activists.
all
of the above.

Question 3. Question
:
Legal environmental intelligence includes:
patterns
of aggressive growth versus static maintenance.
analysis
of local, state, national, and international politics.
considerations
of patents, copyrights, or trademarks.
information
regarding costs, prices, and international trade.
Points Received: 3 of 3

Question 4. Question
:
The emergence of a public issue indicates that:
a
gap has developed between what stakeholders expect and what an organization is
actually doing.
technology
is forcing ethics and business strategy closer together.
consumers
are unaware of how an organization’s actions affect them.
all
of the above.
Points Received: 3 of 3

Question 5. Question
:
Corporate power refers to:
the
capability of competitors to influence legislation, trade, and the stock
market, based on their organizational resources.
the
capability of politicians to influence corporations, employees, and unions,
based on their organizational resources.
the
capability of corporations to influence government, the economy, and society,
based on their organizational resources.
the
capability of CEOs to influence product development, employee morale, and
currency indices, based on their organizational resources.
Points Received: 3 of 3

Question 6. Question
:
Firms that generally act only when forced to do so, and then
in a defensive manner are:
interactive
companies.
proactive
companies.
reactive
companies.
inactive
companies.
Points Received: 3 of 3

Question 7. Question
:
People everywhere
depend on ethical systems to tell them whether their actions are:
legal
or illegal.
right
or wrong.
financially
attainable or not.
logical
and reasonable judgment.
Points Received: 3 of 3

Question 8. Question
:
A company who complies with the laws and regulations set by
the government is:
meeting
the minimum level of social responsibility expected by the public.
meeting
the maximum level of social responsibility expected by the public.
not
meeting government expectation.
following
a practice of enlightened self-interest.
Points Received: 3 of 3

Question 9. Question
:
All of the following values are present in most ethical
decisions except:
be
fair and just.
be
respectful.
act
responsibly.
be
honest.
Points Received: 3 of 3

Question 10. Question
:
According to the utilitarian reasoning, if the benefits
outweigh the costs, then the action is ethical because it produces:
the
greatest good for the greatest number of people.
an
equal amount of good for an equal number of people.
the
greatest good for a select number of people.
an
equal amount of good for the greatest number of people.
Points Received: 3 of 3

Question 11. Question
:
Building ethical safeguards into a company’s everyday
routines is called:
change
management.
justifying
ethics.
institutionalizing
ethics.
ethical
awareness.
Points Received: 3 of 3

Question 12. Question
:
By law, the financial records of publicly held companies are
required to be:
managed
by an accounting department of at least 5 CPAs.
summarized
in the employee manual for new hires.
reviewed
quarterly by the IRS.
audited
by a certified professional accounting firm.
Points Received: 3 of 3

Question 13. Question
:
The theory of comparative advantage states that:
productivity
rises more quickly when countries produce goods and services for which they
have a natural talent.
countries
that produce guns have an advantage over countries that produce butter.
all
countries start out on an equal playing field.
countries
that operate under a policy of isolationism have a comparative advantage.
Points Received: 3 of 3

Question 14. Question
:
In the first stage of corporate citizenship:
the
company must learn how to tackle the problem and make the new policy work.
managers
are uninterested and uninvolved with social issues.
supervisors
and managers become familiar with new routines that are necessary to cope with
a social problem.
a
company must institutionalize it new social policy and make it a part of
standard operating procedures.
Points Received: 3 of 3

Question 15. Question
:
The differences in corporate citizenship among various nations
are driven by:
governmental
involvement.
stakeholder
activism.
cultural
traditions.
all
of the above.
Points Received: 3 of 3

Question 16. Question
:
Financial, social and environmental results are reported
together in a firm’s:
annual
report.
code
of business conduct.
triple
bottom line report.
employee
newsletter.
Points Received: 3 of 3

Question 17. Question
:
An antitrust laws are laws that:
deregulate
interstate commerce.
put
a maximum on what a business can charge for it products.
are
not trusted by most people and businesses.
promote
competition or that oppose monopolies.
Points Received: 3 of 3

Question 18. Question
:
Which of the following are examples of natural monopolies?
Electric
utilities and railroads
Cable
television and the media
Internet
services and trucking
None
of the above
Points Received: 3 of 3

Question 19. Question
:
The greatest number of political action committees is
represented by:
trade
or health groups.
labor
unions.
business.
non-connected
groups.
Points Received: 3 of 3

Question 20. Question
:
Campaign finance reform was sought in the United States to:
reduce
the corrupting influence of money in the political process.
include
more participants in financing political campaigns.
IN balance business and labor unions
political campaign contributions.
enable
non-U.S. citizens access to the U.S. campaign financing arena.

Question 21. Question
:
Explain the relationship between business and society and
the ways in which business and society are part of an interactive system.
Explain how the Saint Leo University core value of community might apply.

Question 22. Question
:
Provide some reasons why businesses should be ethical. What
Saint Leo core value might apply and why?

Question 23. Question
:
Explain how an organization communicates its corporate
citizenship practices and manifests its attention to the balanced scorecard and
triple bottom line approaches. What Saint Leo core value applies, and why?
Question 24. Question
:
Provide arguments for and against business participation in
the political process. What Saint Leo core value might apply, and why?

Which one of the following is considered to be a nonmarketstakeholder of business? Customers Media Creditors Stockholders Points Received: 3 of 3 Question 2. Question
: Stakeholder groups can include: IN
stockholders. the
media. environmental
activists. all
of the above. Question 3. Question
: Legal environmental intelligence includes: patterns
of aggressive growth versus static maintenance. analysis
of local, state, national, and international politics. considerations
of patents, copyrights, or trademarks. information
regarding costs, prices, and international trade. Points Received: 3 of 3 Question 4. Question
: The emergence of a public issue indicates that: a
gap has developed between what stakeholders expect and what an organization is
actually doing. technology
is forcing ethics and business strategy closer together. consumers
are unaware of how an organization’s actions affect them. all
of the above. Points Received: 3 of 3 Question 5. Question
: Corporate power refers to: the
capability of competitors to influence legislation, trade, and the stock
market, based on their organizational resources. the
capability of politicians to influence corporations, employees, and unions,
based on their organizational resources. the
capability of corporations to influence government, the economy, and society,
based on their organizational resources. the
capability of CEOs to influence product development, employee morale, and
currency indices, based on their organizational resources. Points Received: 3 of 3 Question 6. Question
: Firms that generally act only when forced to do so, and then
in a defensive manner are: interactive
companies. proactive
companies. reactive
companies. inactive
companies. Points Received: 3 of 3 Question 7. Question
: People everywhere
depend on ethical systems to tell them whether their actions are: legal
or illegal. right
or wrong. financially
attainable or not. logical
and reasonable judgment. Points Received: 3 of 3 Question 8. Question
: A company who complies with the laws and regulations set by
the government is: meeting
the minimum level of social responsibility expected by the public. meeting
the maximum level of social responsibility expected by the public. not
meeting government expectation. following
a practice of enlightened self-interest. Points Received: 3 of 3 Question 9. Question
: All of the following values are present in most ethical
decisions except: be
fair and just. be
respectful. act
responsibly. be
honest. Points Received: 3 of 3 Question 10. Question
: According to the utilitarian reasoning, if the benefits
outweigh the costs, then the action is ethical because it produces: the
greatest good for the greatest number of people. an
equal amount of good for an equal number of people. the
greatest good for a select number of people. an
equal amount of good for the greatest number of people. Points Received: 3 of 3 Question 11. Question
: Building ethical safeguards into a company’s everyday
routines is called: change
management. justifying
ethics. institutionalizing
ethics. ethical
awareness. Points Received: 3 of 3 Question 12. Question
: By law, the financial records of publicly held companies are
required to be: managed
by an accounting department of at least 5 CPAs. summarized
in the employee manual for new hires. reviewed
quarterly by the IRS. audited
by a certified professional accounting firm. Points Received: 3 of 3 Question 13. Question
: The theory of comparative advantage states that: productivity
rises more quickly when countries produce goods and services for which they
have a natural talent. countries
that produce guns have an advantage over countries that produce butter. all
countries start out on an equal playing field. countries
that operate under a policy of isolationism have a comparative advantage. Points Received: 3 of 3 Question 14. Question
: In the first stage of corporate citizenship: the
company must learn how to tackle the problem and make the new policy work. managers
are uninterested and uninvolved with social issues. supervisors
and managers become familiar with new routines that are necessary to cope with
a social problem. a
company must institutionalize it new social policy and make it a part of
standard operating procedures. Points Received: 3 of 3 Question 15. Question
: The differences in corporate citizenship among various nations
are driven by: governmental
involvement. stakeholder
activism. cultural
traditions. all
of the above. Points Received: 3 of 3 Question 16. Question
: Financial, social and environmental results are reported
together in a firm’s: annual
report. code
of business conduct. triple
bottom line report. employee
newsletter. Points Received: 3 of 3 Question 17. Question
: An antitrust laws are laws that: deregulate
interstate commerce. put
a maximum on what a business can charge for it products. are
not trusted by most people and businesses. promote
competition or that oppose monopolies. Points Received: 3 of 3 Question 18. Question
: Which of the following are examples of natural monopolies? Electric
utilities and railroads Cable
television and the media Internet
services and trucking None
of the above Points Received: 3 of 3 Question 19. Question
: The greatest number of political action committees is
represented by: trade
or health groups. labor
unions. business. non-connected
groups. Points Received: 3 of 3 Question 20. Question
: Campaign finance reform was sought in the United States to: reduce
the corrupting influence of money in the political process. include
more participants in financing political campaigns. IN balance business and labor unions
political campaign contributions. enable
non-U.S. citizens access to the U.S. campaign financing arena. Question 21. Question
: Explain the relationship between business and society and
the ways in which business and society are part of an interactive system.
Explain how the Saint Leo University core value of community might apply. Question 22. Question
: Provide some reasons why businesses should be ethical. What
Saint Leo core value might apply and why? Question 23. Question
: Explain how an organization communicates its corporate
citizenship practices and manifests its attention to the balanced scorecard and
triple bottom line approaches. What Saint Leo core value applies, and why?Question 24. Question
: Provide arguments for and against business participation in
the political process. What Saint Leo core value might apply, and why?