NU MGT400 Final Exam 2015

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NU MGT400 final exam 2015QUESTION 1Which of the following is a possible unintended consequence of an organization's focusing moreon ethics planning that on implementation?Unethical conduct is viewed as acceptable behavior.The governmentimplements its own audits.The ethics program is poorly designedEmployees become annoyed.The implementation process incurs large costs for the organization.1 pointsQUESTION 2A(n) _________ is a tool that companies can employ to indentify and measure their ethicalcommitment to stakeholders.Ethical auditsSocial auditsFinancial AuditsPerformance AuditsExternal Audits2 pointsQUESTION 3Increasing the wealth gap between nations and misusing and misallocating scarce resources areethical issue accusations related toCultural differencesmultinational corporationsconsumerismlegal differenceinternational negotiations2 pointsQUESTION 4In ascending Order, Caroll's four levels of social responsibility are:ethical, legal, economic,philanthropiceconomic, ethical, philanthropic, legaleconomic, legal, ethical, philanthropic

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legal, ethical, economic, philanthropicethical, legal, moral, economic2 pointsQUESTION 5Which ISO guideline pertains to environmental regulation standards and was designed to helpreduce a firm's pollution, waster and carbon footprint?ISO 3000ISO 2000ISO 265000ISO 26000!SO 140002 pointsQUESTION 6The term used to express how a firm meets its stakeholder exprectations of its economic, legal,ethical and philanthropic responsibilities is:reputationcorporate citizenshipcorporate ethical auditethical citizenshipfiduciary duties2 pointsQUESTION 7Which economist espoused a kind of Darwinian or "wild west" version of capitalism?Adam SmithyTheodore LevittNorman BowieHerman MillerMilton Friedman2 pointsQUESTION 8What type of fraudulent activity could involve a comsumer staging an accident to seek damages?WhackingDuplicityGuileDefamationCollusion

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2 pointsQUESTION 9Prior to the 2008financial meltdown, bond ratings agencies were accused of having _____because they were paid by the organizations that they rated. The organizations would shoparound for the agency that gave them the best rating.high ethical standardsexcessively complicated systemsa hostile workplaceconflicts of interesta good business model2 pointsQUESTION 10_____ are used to obtain or retain business and are not generally considered illegal in the U.S.Facilitation paymentsBribesGiftsCoercive techniquesThreats2 pointsQUESTION 11Which of the following is not a step in the ethics auditing process?Secure commitment of top executives and directors.Review organizational mission, goals, values and policies, and define ethical priorities.Report theresults to the U.S. Sentencing Commission.Collect and analyze relevant information.verify the result.2 pointsQUESTION 12The word _____ implies a balanced organization that makes ethical financial decisions and alsois ethical in more subjective matters of corporate culture.complianceintegrityfinancial managementcorporate culturetransparency2 points

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QUESTION 13Which of the following is not a measure of ethical climate?Collective skillCollective ethical sensitivityCollective judgmentCollective characterCollective moral motivation2 pointsQUESTION 14During which step of the auditing process should a firm examine all documents that makeexplicit commitments to ethical, legal, or social responsibility?Secure commitment of top managers and directors.Establish a committee to oversee the audit.Define the scope of the audit processReview organizational mission, goals, values, and policies.verify the results.2 pointsQUESTION 15A(n) _____ is a financial accounting firm that offers socialauditing services or a nonprofitspecial interest group with auditing experience that verifies the results of ethics auditing dataanalysisstakeholderethics audit consultantbest practices expertfinancial consultantboard of directors2 pointsQUESTION 16_____ is a term used by Adam Smith to explain the inherent mechanisms at work in free marketsystems that keep commerce in equilibrium. It is also known as the “invisible handConsumerismCultural relativismSocial DemocracyLaissez-fairBimmodal wealth distribution2 points

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QUESTION 17______ assumes that humans may not act rationally because of genetics, learned behavior, andrules of thumb.Rational economicsSocialismCultural relativisimNational cultureBehavioral economics2 pointsQUESTION 18Which of the following is not a criticism of or charge against multinational corporations(MNCs)?They transfer jobs overseas, where wage rates are lowerThey increase the gap between rich and poor nationsThey pay excessively high taxes everywhereThey exploit the labor markets of host countriesThey have an unfair advantage when competing with local businesses2 pointsQUESTION 19Which of the following is a measure taken by governments to curtail MNC practices that createethical issues?Levying import taxes to lower the prices MNCs charge for their productsHalting the establishment of minimum wage lawsAvoiding the United Nations' monitoring effortsPreventing the formation of labor unionsImposing export taxes to force MNCs to share more of their profits2 pointsQUESTION 20An unconscious reference to one's own cultural values, experiences, and knowledge is referred toas thecultural reference criterionunconscious cultural criterioncultural-self criterionself-reference criterionunconscious cultural-self criterion3 points

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