FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 2: Being Ethical and Socially Responsible

Show Answer

Share

---

All types

Filters

Study Flashcards

Question 61

Multiple Choice

Review LaterAdd Note

Review Later

MasterCard sends a customer a memo that discloses the true cost of borrowing with each billing statement.It does this because it realizes that the customer has the right to

A) choose.
B) obtain credit.
C) be heard.
D) be informed.
E) safety.

F) B) and C)
G) A) and E)

Correct Answer

verified

Show Answer

Question 62

Multiple Choice

Review LaterAdd Note

Review Later

HGR Chemical Company believes the environmental regulations for its industry are much more stringent than necessary, which likely means

A) they are impossible to comply with.
B) they will not improve the quality of the drinking water.
C) they are unfair to chemical plants.
D) they are too expensive to comply with.
E) HGR is not concerned with the environment.

F) B) and D)
G) A) and D)

Correct Answer

verified

Show Answer

Question 63

Multiple Choice

Review LaterAdd Note

The National Alliance of Business is a combined effort between

Anne's new necklace breaks the day after she purchases it.She tries to get it fixed or replaced and feels that she has been given the runaround by both the retailer and the manufacturer of the necklace.She is treated rudely and finally told she will have to drive two hours to a company-approved repair center to have the necklace fixed.Anne is certain that her consumer right to ____ has been ignored by both companies.

Which organization was established to train the hard-core unemployed?

When Ford discovered the fault with its Pinto model that caused the car to explode easily when hit from the rear, what action should it have taken to preserve basic consumer rights?

All of the following are arguments against increased social responsibility except

The right to choose means that consumers must have a choice of products offered by different manufacturers and sellers.

Megan Miller is an ethics officer at a large financial institution.She likely performs all of the following duties except

XYZ Coffee Nancy is a highly respected person within her community.She is Hispanic in a largely Caucasian-populated area.Since Nancy was looking for a new job, she went to a new company in the area called XYZ Coffee, where she applied for a position.After the interview, Nancy felt confident that she would be hired because of her qualifications.However, she did not get a call back.Initially, Nancy did not think twice about it, but she felt differently when she visited the same coffee store later to purchase something for a friend.The company had hired an inexperienced Caucasian male with a history of unemployment.At this point, Nancy was quite aggravated, but she left the issue alone. She ended up asking an associate for an espresso machine.The employee informed Nancy where the machine was located and retrieved it for her.Nancy asked if there were any other espresso machines of higher quality.When the associate said no, Nancy purchased the item and left.After she gave the gift to her friend, she noticed a much better quality espresso machine that someone else had given her.Nancy asked where they had purchased it, and they responded, "XYZ Coffee." -Refer to XYZ Coffee.Before he got his job, another description for the employee who was hired over Nancy would be _____.

Customers are so used to misleading advertising that it no longer infuriates them.

Sponsors of advertisements aimed at children must be especially careful to avoid misleading messages.

XYZ Coffee Nancy is a highly respected person within her community.She is Hispanic in a largely Caucasian-populated area.Since Nancy was looking for a new job, she went to a new company in the area called XYZ Coffee, where she applied for a position.After the interview, Nancy felt confident that she would be hired because of her qualifications.However, she did not get a call back.Initially, Nancy did not think twice about it, but she felt differently when she visited the same coffee store later to purchase something for a friend.The company had hired an inexperienced Caucasian male with a history of unemployment.At this point, Nancy was quite aggravated, but she left the issue alone. She ended up asking an associate for an espresso machine.The employee informed Nancy where the machine was located and retrieved it for her.Nancy asked if there were any other espresso machines of higher quality.When the associate said no, Nancy purchased the item and left.After she gave the gift to her friend, she noticed a much better quality espresso machine that someone else had given her.Nancy asked where they had purchased it, and they responded, "XYZ Coffee." -Refer to XYZ Coffee.Nancy is a(n) ____ within her community.

Whistle-blowing is informing the press or government officials about unethical practices within one's organization.

Which of the following holds true in the case of social responsibility?

Which president stated that consumers have the right to safety, to be informed, to choose, and to be heard?

The recognition that business activities affect society and the consideration of that impact when making business decisions is referred to as _____.

What would proponents of the socioeconomic model argue to support their position?

Investors expect management to do all of the following except

Businesses' record of social responsibility today is much better than in past decades.