True or False Quiz

Please answer all questions.


1	Consumers vote against companies they deem socially irresponsible by not buying their products.
		A)	True
		B)	False


2	Codes of ethics foster ethical behavior because they reduce the opportunity to behave unethically.
		A)	True
		B)	False


3	Ethics is related to the competitive environment in which a business operates.
		A)	True
		B)	False


4	Social responsibility refers to principles and standards that define acceptable conduct in the world of business.
		A)	True
		B)	False


5	A business whose sole objective is to maximize profit is probably not overly concerned with its social responsibility.
		A)	True
		B)	False


6	A legal issue is an identifiable problem, situation, or opportunity that requires a person or organization to choose from among several actions that may be evaluated as ethical or
		A)	True
		B)	False


7	One aspect of fairness relates to competition.
		A)	True
		B)	False


8	Managers and owners must make profits their first concern.
		A)	True
		B)	False


9	Without a code of ethics or formal policy on ethics, employees are likely to base their decisions on their personal moral philosophies.
		A)	True
		B)	False


10	All actions deemed unethical by society are illegal.
		A)	True
		B)	False


11	The behavior of businesspersons toward customers, suppliers, and others in the workplace does not generate ethical concerns.
		A)	True
		B)	False


12	Managers consider social responsibility on a daily basis.
		A)	True
		B)	False


13	One argument for social responsibility is that social problems should be the responsibility of accountable government agencies and officials.
		A)	True
		B)	False


14	Open discussion of ethical issues eliminates ethical problems.
		A)	True
		B)	False


15	One argument against social responsibility is that participation in social programs gives businesses more power.
		A)	True
		B)	False


16	An argument against social responsibility is that it provides equal opportunities for all employees.
		A)	True
		B)	False


17	Ethical conduct does not impact business relationships.
		A)	True
		B)	False


18	Enforcement of ethics policies is a common way of dealing with ethical problems.
		A)	True
		B)	False


19	The best way to judge the ethics of a decision is to look at it from a customer's or competitor's point of view.
		A)	True
		B)	False


20	Laws are formalized rules and standards that describe what the company expects of its employees.
		A)	True
		B)	False


21	Ethics and social responsibility are not the same thing.
		A)	True
		B)	False

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