Business and Society Test Bank
Course Introduction
Business and Society examines the intricate relationship between businesses and the broader societal context in which they operate. The course explores ethical, legal, and social responsibilities of businesses, the impact of corporate decisions on various stakeholders, and current issues such as sustainability, globalization, and social justice. Students analyze case studies to understand how companies can achieve both financial success and positive societal impact, while developing critical thinking skills needed to navigate the complex environment where business and societal interests intersect.
Recommended Textbook
Business Ethics A Textbook with Cases 9th Edition by William H. Shaw
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11 Chapters
700 Verified Questions
700 Flashcards
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Chapter 1: The Nature of Morality
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60 Verified Questions
60 Flashcards
Source URL: https://quizplus.com/quiz/32844
Sample Questions
Q1) An argument is valid only if all its premises are true.
A)True
B)False
Answer: False
Q2) For philosophers,the most important issue is not where our moral principles came from,but:
A)whether those moral principles can be justified
B)how we acquired the beliefs we have
C)to what extent religion influences people's moral beliefs
D)the legal basis for acting morally
Answer: A
Q3) Aristotle argued that living a morally good life is being good at your job.
A)True
B)False
Answer: False
Q4) "Etiquette" designates a special realm of morality.
A)True
B)False Answer: False
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Chapter 2: Normative Theories of Ethics
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65 Verified Questions
65 Flashcards
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Sample Questions
Q1) Which of the following is true regarding Immanuel Kant's beliefs?
A)He defended a consequentialist theory of right and wrong.
B)He believed that all duties are prima facie duties.
C)He believed that moral principles rest on empirical data,on observation and experiment.
D)He believed that reason by itself can reveal the basic principles of morality.
Answer: D
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) Immanuel Kant believed that it is only when we act out of feeling or sentiment that our actions have moral worth.
A)True
B)False
Answer: False
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4
Chapter 3: Justice and Economic Distribution
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65 Verified Questions
65 Flashcards
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Sample Questions
Q1) Talk of justice and injustice typically focuses on:
A)fairness,equality,desert,and rights
B)reason,reflection,deliberation,and fairness
C)feeling,sentiment,happiness,and equality
D)fairness,impartiality,duty,and rights
Answer: A
Q2) Libertarians would find it immoral and unjust to coerce people to give food or money to the starving.
A)True
B)False
Answer: True
Q3) According to libertarianism,
A)there are no natural,Lockean rights.
B)we have a basic right to assistance from others.
C)people should not attempt to coerce others.
D)happiness takes priority over other moral concerns.
Answer: C
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Chapter 4: The Nature of Capitalism
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Sample Questions
Q1) Though many jobs are outsourced,most economists believe
A)Mexico is the place to work.
B)the United States is in trouble.
C)the economy will create new jobs.
D)manufacturing will make a comeback.
Q2) One of the four key features of capitalism is
A)favoritism.
B)cooperation.
C)inequality.
D)private property.
Q3) The sense of private property that is central to capitalism is the ownership of the means of production and distribution.
A)True
B)False
Q4) Socialism is an economic system characterized by public ownership of the means of production and distribution,and a planned economy.
A)True
B)False
Q5) What is capitalism's view of human nature?
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Chapter 5: Corporations
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60 Flashcards
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Sample Questions
Q1) According to Keith Davis,in addition to considering potential profitability,a business must weigh the long-range social costs of its activities as well.Only if the overall benefit to society is positive should business act.
A)True
B)False
Q2) According to law professor Christopher D.Stone,the relationship between corporate management and its shareholders is identical with the relationship between you and an investment advisor.
A)True
B)False
Q3) Most Americans believe a corporation's top obligation is to its A)nation.
B)stockholders.
C)community.
D)employees.
Q4) According to John Kenneth Galbraith,business's social role is purely economic and corporations should not be considered moral agents.
A)True
B)False
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Chapter 6: Consumers
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65 Verified Questions
65 Flashcards
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Sample Questions
Q1) In 1972 Congress created one of the most important agencies for regulating product safety.This agency is the
A)Securities and Exchange Commission.
B)Federal Drug Administration Agency.
C)Fair Packaging and Labeling Commission.
D)Consumer Product Safety Commission.
Q2) Give an example of manipulative pricing.
Q3) Defend the position that advertisers must use imagination,symbolism,and artistic content to address human needs.
Q4) The FTC now follows the "modified" ignorant consumer standard and protects only those cases of foolishness that are committed by significant numbers of people.
A)True
B)False
Q5) Which of the following is an example of price gouging?
A)selling World Series Tickets for $300
B)a New York hotel tripling its room prices after 9/11
C)having to pay above the seller's original asking price for a home
D)increasing the price of lawn movers in the spring and summer
Q6) What is the doctrine of caveat emptor?
Page 8
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Chapter 7: The Environment
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Sample Questions
Q1) A moral of Garrett Hardin's parable "The Tragedy of the Commons" is that there can be a difference between the private costs and the social costs of a business activity.
A)True
B)False
Q2) Which of the following is a drawback to the regulatory approach?
A)regulation can take away an industry's incentive to do more than the minimum B)regulation is an incentive to an industry to do more than the minimum C)regulation does not apply to all equally
D)does not require polluters to use the strongest most feasible means of pollution control.
Q3) "Pollution permits" are an example of which of the following methods of achieving our environmental goals?
A)pricing mechanisms
B)government subsidies
C)a laissez-faire approach
D)regulations
Q4) Is it a moral right or privilege for human beings to live in a clean environment? Defend your answer.
Q5) Explain a cost-benefit analysis,and how is it relevant to environmental issues?
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Chapter 8: The Workplace 1: Basic Issues
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Sample Questions
Q1) If employees who don't join the union get the same benefits as union members,this raises a question of fairness.
A)True
B)False
Q2) An individual with great strength is an equal with the employer in the negotiation process.
A)True
B)False
Q3) In a handful of American cities local ordinances prohibit discrimination against those who are short or overweight.
A)True
B)False
Q4) Due process requires specific and systematic means for workers to appeal discharge or disciplinary decisions.
A)True
B)False
Q5) What is the importance of the Wagner Act of 1935?
Q6) Sometimes the screening process unfairly excludes certain applicants.Give some examples.
Page 10
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Chapter 9: The Workplace 2: Todays Challenges
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Sample Questions
Q1) One study suggests a positive correlation between job satisfaction and longevity.
A)True
B)False
Q2) Privacy
A)is an absolute value so corporate interests cannot be considered when it comes to employee privacy.
B)must be respected if we are to function as complete,self-governing agents.
C)is something that employees today care less about because of personal sharing on the internet.
D)is guaranteed by Article 3,section 3,of the Constitution.
Q3) Out of these four,which one is the only correct statement concerning OSHA?
A)Critics call OSHA a "toothless tiger".
B)OSHA regulates the shifts people work.
C)OSHA says few accidents are caused by sleep deprivation and fatigue.
D)OSHA states the key to worker safety is improved engineering.
Q4) The Employee Polygraph Protection Act permits most private employers to use lie detectors in "pre-employment testing."
A)True
B)False
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Chapter 10: Moral Choices Facing Employees
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Sample Questions
Q1) The SEC's insider-trading rule reduces equality of opportunity in the marketplace.
A)True
B)False
Q2) Companies have a right to prevent employees in technical fields from quitting and working for another company.
A)True
B)False
Q3) According to Norman Bowie's definition,whistle-blowing is conceptually restricted to reporting on activities that are harmful to third parties,violations of human rights,or contrary to the public purpose and legitimate goals of the organization.
A)True
B)False
Q4) All gifts are bribes.
A)True
B)False
Q5) Prudential reasons are those moral reasons that are separate from self-interest.
A)True
B)False
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Chapter 11: Job Discrimination
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Source URL: https://quizplus.com/quiz/32854
Sample Questions
Q1) Kantians would support repudiate job discrimination as necessary to respect people as ends in themselves.
A)True
B)False
Q2) Which of the following is the most plausible argument AGAINST affirmative action?
A)Compensatory justice forbids affirmative action.
B)Blacks and whites are already equal in socioeconomic terms.
C)Affirmative action violates the principle of equality.
D)Affirmative action is the same thing as fixed numerical quotas.
Q3) Could sexual harassment laws lead to women being further stereotyped as,for example,weak? Explain your view.
Q4) Today most large corporations not only accept the necessity of affirmative action but also find that _____ benefits when they make themselves more diverse?
A)the morale of the company
B)the bottom line
C)the law department
D)the managers
Q5) What are the different forms that job discrimination can take?
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