Business and Society Question
Bank
Course Introduction
This course explores the dynamic relationship between business and society, examining how organizations impact and are influenced by social, ethical, legal, and environmental factors. Students will analyze the roles and responsibilities of businesses in addressing societal challenges, such as sustainability, social justice, corporate governance, and stakeholder management. Through case studies, discussions, and contemporary examples, the course encourages critical thinking about the opportunities and dilemmas businesses face in contributing to the well-being of society while maintaining profitability and competitiveness.
Recommended Textbook
Business Ethics A Textbook with Cases 9th Edition by
Available Study Resources on Quizplus
11 Chapters
700 Verified Questions
700 Flashcards
Source URL: https://quizplus.com/study-set/1656
Page 2
William H. Shaw
Chapter 1: The Nature of Morality
Available Study Resources on Quizplus for this Chatper
60 Verified Questions
60 Flashcards
Source URL: https://quizplus.com/quiz/32844
Sample Questions
Q1) What dollar value would you give to a good reputation in business?  How much is a good reputation worth?
Answer: A good reputation in business is invaluable and can be worth millions of dollars. It can lead to increased customer trust, loyalty, and ultimately higher sales and profits. A positive reputation can also attract top talent, partnerships, and investment opportunities. On the other hand, a damaged reputation can lead to loss of customers, legal issues, and decreased revenue. Therefore, it is difficult to put an exact dollar value on a good reputation, but it is clear that it is a critical asset for any business. Investing in maintaining and building a strong reputation is essential for long-term success.
Q2) Business ethics is the study of what constitutes right and wrong,or good and bad,human conduct in a business context.
A)True
B)False
Answer: True
Q3) Bystander apathy appears to result in part from diffusion of responsibility.
A)True
B)False
Answer: True
To view all questions and flashcards with answers, click on the resource link above. Page 3
Chapter 2: Normative Theories of Ethics
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32845
Sample Questions
Q1) "If you want to go to law school,then you must take the LSAT exam." This statement is an example of
A)the transcendental imperative.
B)the categorical imperative.
C)a hypothetical imperative.
D)irrational behavior.
Answer: C
Q2) One feature about utilitarianism that makes it appealing as a standard for moral decisions in business and nonbusiness organizations is that it provides a clear and straightforward basis for formulating and testing policies.
A)True
B)False
Answer: True
Q3) Egoists only do what they feel like doing.
A)True
B)False
Answer: False
To view all questions and flashcards with answers, click on the resource link above.
Page 4
Chapter 3: Justice and Economic Distribution
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32846
Sample Questions
Q1) According to the text,if an act is deemed fair,it will also be just.
A)True
B)False
Answer: False
Q2) According to Robert Nozick,property rights exist prior to any social arrangements and are morally antecedent to any legislative decisions that a society might make.
A)True
B)False
Answer: True
Q3) According to the "maximin" rule,you should select the alternative under which the worst that could happen to you is better than the worst that could happen to you under any other alternative.
A)True
B)False
Answer: True
Q4) Rawls's theory of distributive justice is a form of utilitarianism.
A)True
B)False Answer: False
To view all questions and flashcards with answers, click on the resource link above. Page 5
Chapter 4: The Nature of Capitalism
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32847
Sample Questions
Q1) Which statement best describes capitalism?
A)Capitalism is an economic system in which the means of production and distribution is in state hands.
B)Capitalism is an economic system that operates under the profit motive.
C)Capitalism is an economic system that dispenses with competition.
D)Capitalism is an economic system where the profits generated belong to the state as a whole.
Q2) More Americans are putting aside job success to A)win the lottery.
B)be with their families.
C)get education.
D)travel abroad.
Q3) According to Adam Smith,individuals have natural endowments that should determine the kind of work they do.
A)True
B)False
Q4) Utilitarians reject the very idea of a natural right to property.
A)True
B)False
Q5) What is capitalism's view of human nature?
To view all questions and flashcards with answers, click on the resource link above. Page 6
Chapter 5: Corporations
Available Study Resources on Quizplus for this Chatper
60 Verified Questions
60 Flashcards
Source URL: https://quizplus.com/quiz/32848
Sample Questions
Q1) Externalities are the unintended negative (or in some cases positive)consequences that an economic transaction between two parties can have on some third party.
A)True
B)False
Q2) Was Yahoo right or wrong to assist Chinese authorities? Make use of a moral theory to defend your answer.
Q3) The debate over corporate moral agency hinges on which question?
A)Corporate decision
B)Corporate punishment
C)Individual responsibility
D)Corporate fit
Q4) The "rules of the game" for corporate work are intended to A)let the games begin.
B)promote open and free competition.
C)destroy the competition.
D)make business fun.
Q5) Briefly sketch the evolution of corporations.
Q6) What is the problem of "vanishing individual responsibility"?
Q7) Briefly explain Milton Friedman's view of social responsibility.
To view all questions and flashcards with answers, click on the resource link above. Page 7
Chapter 6: Consumers
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32849
Sample Questions
Q1) In deciding whether an ad is deceptive,today the FTC basically follows
A)the reasonable consumer standard.
B)the gullible consumer standard.
C)the "modified" gullible-consumer standard.
D)none of these choices.
Q2) Due care is
A)based on the principle of caveat emptor.
B)based on the principle "let the buyer beware".
C)the idea that consumers and sellers do not meet as equals and that consumer's interests are particularly vulnerable to being harmed by the manufacturer.
D)based on the principle of absolute liability.
Q3) What is the argument for strict products liability?
Q4) The doctrine of caveat emptor means that the law may be justifiably used to restrict the freedom of individuals for their own good.
A)True
B)False
Q5) What is due care?
Q6) Defend the position that advertisers must use imagination,symbolism,and artistic content to address human needs.
Page 8
To view all questions and flashcards with answers, click on the resource link above.
Chapter 7: The Environment
Available Study Resources on Quizplus for this Chatper
60 Verified Questions
60 Flashcards
Source URL: https://quizplus.com/quiz/32850
Sample Questions
Q1) Tampering with the ecosystem always has injurious effects.
A)True
B)False
Q2) Regulation is always the most effective way to allocate the costs of environmental protection.
A)True
B)False
Q3) Thanks to the EPA,the federal government long ago eliminated the problem of potentially harmful pesticides and other chemical residues in food.
A)True
B)False
Q4) Which of the following is true of a regulatory approach to environmental problems?
A)It proceeds on a case-by-case basis,dealing with each company's specific circumstances.
B)It gives companies an incentive to do more than the minimum required by law.
C)It requires the EPA or other body to determine the most effective,feasible pollution-control technology for each different industry.
D)It involves the use of pricing mechanisms.
To view all questions and flashcards with answers, click on the resource link above. Page 9
Chapter 8: The Workplace 1: Basic Issues
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32851
Sample Questions
Q1) In a handful of American cities local ordinances prohibit discrimination against those who are short or overweight.
A)True
B)False
Q2) What is the importance of the Wagner Act of 1935?
Q3) Since Congress passed the Americans With Disabilities Act in 1994,
A)all disabled persons must be hired.
B)employers must make "reasonable accommodations" for disabled workers.
C)employees must try to "undo" their disabilities.
D)employers must be careful to "screen" out disabled persons.
Q4) The hiring process needs to include screening,testing,and
A)safety awareness.
B)eliminating candidates.
C)interviewing.
D)job descriptions.
Q5) Summarize in your own words the seven factors given to set the wages.
Q6) Due process requires specific and systematic means for workers to appeal discharge or disciplinary decisions.
A)True
B)False
Page 10
To view all questions and flashcards with answers, click on the resource link above.
Chapter 9: The Workplace 2: Todays Challenges
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32852
Sample Questions
Q1) In 1928,U.S.Supreme Court Judge Louis D.Brandeis described the right to privacy,or "the right to be left alone," as "the right most valued by men."
A)True
B)False
Q2) "Safety in the workplace is good business." Justify this statement with information from this chapter.
Q3) What moral considerations argue for companies' providing childcare and dealing flexibly with employees' family needs? How can doing so also be cost-effective in the narrow sense?
Q4) The right to privacy of employees
A)takes priority over other moral considerations.
B)is clearly and unambiguously spelled out by the law.
C)may conflict with an organization's legitimate interests.
D)has to be given up in an era of global competition.
Q5) There is a general consensus among philosophers and lawyers about how to define the right to privacy.
A)True
B)False
Q6) Do workplace accidents "just happen"?
Page 11
To view all questions and flashcards with answers, click on the resource link above.
Chapter 10: Moral Choices Facing Employees
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32853
Sample Questions
Q1) The Sarbanes-Oxley Act marked an important advance for several reasons.One of which is that it
A)makes it easier to fire whistle-blowers.
B)reduces the law's protection of employees who disclose securities fraud.
C)makes it illegal for executives to retaliate against employees who report possible violations of federal law.
D)provides penalties for blowing the whistle illegitimately or maliciously.
Q2) As a general rule,if the contents of the work agreement that exists between the employee and the employer are legal and if the employee freely consents to them,then the employee is under an obligation to fulfill the terms of the agreement.
A)True
B)False
Q3) The use of one's official position for what always raises moral concerns and questions?
A)power trips
B)egos
C)stepping stones to success
D)personal gain
Q4) What is whistle-blowing,and what motivates whistle-blowers?
To view all questions and flashcards with answers, click on the resource link above. Page 12
Chapter 11: Job Discrimination
Available Study Resources on Quizplus for this Chatper
65 Verified Questions
65 Flashcards
Source URL: https://quizplus.com/quiz/32854
Sample Questions
Q1) Male managers frequently assume that women
A)will not place family demands above work considerations.
B)possess the necessary drive to succeed in business.
C)take negative feedback professionally rather than personally.
D)are too emotional to be good managers.
Q2) The Supreme Court,in its 1978 ruling in the case of Bakke v.Regents of the University of California,upheld the University's right to reserve entrance places in its medical school for minorities.
A)True
B)False
Q3) In 1987,the Supreme Court affirmed,in the case of Johnson v.Transportation Agency,that
A)affirmative action is unconstitutional.
B)quotas based on considerations of race are unconstitutional.
C)considerations of sex are permissible as one factor in deciding whom to promote.
D)racially segregated schooling is unconstitutional.
Q4) What are the general guidelines the EEOC lists as steps to affirmative action?
Q5) What is the doctrine of comparable worth? On what grounds do opponents of comparable worth criticize it?
To view all questions and flashcards with answers, click on the resource link above. Page 13