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WorksheetsEthics and Social Responsibility
Total questions: 10
Worksheet time: 5mins
Which of these is not a BRIC country, the engines of future world economic growth?
Britain
Russia
India
China
What is social responsibility?
Developing and promoting environmentally sound products and practices to gain a competitive edge
Doing business to meet the needs of the current generation, without harming the ability of future generations to meet their needs
The protection deliberately or promotion of the interests of consumers
An ethical theory, in which individuals are accountable for fulfilling their civic duty
Which of these is not a key reason for international trade?
Access to factors of production
Reduced risk
Lesser costs of shipping
Inflow of innovation
What are universal ethical standards?
Ethical norms that apply to people across a broad spectrum of situations
A set of beliefs about what is right or wrong, or good and bad
Decisions that involve a conflict of values
Application of right and wrong, good and bad, in a business setting
Which if these market development questions has the lowest risk, yet also the least control?
Licensing
Exporting
Direct Investment
Franchising
What did the Sarbanes-Oxley Act do?
Set a formal written document that defines the ethical standards of an organization
Required evaluation of how well a firm is meeting its ethics and social responsibility goals
Limited the amount of carbon dioxide and other carbon compounds emitted due to the consumption of fossil fuels by businesses
Set higher ethical standards for public corporations and accounting firms
Which of these is a sociocultural difference?
Inflation
Standard of Living
Language
Importing and Exporting
What are stakeholders?
Business owners who believe that consumers should control the risks taken by the company
Groups that have a stake in the performance and actions of an organization
Employees who report their employer’s illegal or unethical behavior to either the authorities or the media
People who are developing and promoting environmentally sound products and practices to gain a competitive edge
Infrastructure includes transportation communication, energy, and finance.
False
True
What is the World Bank's goal?
To reduce poverty in the developing world
To create a global, united and universal economic system
To have enough room for millionaires to store their money
To stop global warming
