BU360 Social Impact of Business

 

BU360 Social Impact of Business

Ashworth College

BU360D Assignment 4

ASSIGNMENT 04

BU360 Social Impact of Business  

Directions: Be sure to save an electronic copy of your answer before submitting it to Ashworth College for grading. Unless otherwise stated, answer in complete sentences, and be sure to use correct English, spelling, and grammar. Sources must be cited in APA format. Your response should be four (4) double‐spaced pages; refer to the "Format Requirementsʺ page for specific format requirements.

 

Describe the roles of the World Bank (WB), International Monetary Fund (IMF), and World Trade Organization (WTO) in the acceleration of globalization.

 

    

 

BU360D Assignment 08 Right of privacy at workplace

ASSIGNMENT 08

BU360 Social Impact of Business  

 

Some people believe that the right of privacy should be extended to the workplace. Others feel that, on the contrary, that such an extension would constitute an unwarranted incursion into the management's right to manage.

1. Please comment on this debate, using examples from the text discussion of electronic monitoring, romance in the workplace, employee drug testing, and employee honesty testing.

2. Are there particular circumstances under which it is, or is not, appropriate for employers to monitor employee behavior? Discuss two (2).

 

 

 

Ashworth Semester Exam BU360 Social Impact of Business

The instrumental argument states that stakeholder management is:
a more realistic description of how companies really work.
more effective as a corporate strategy.
simply the right thing to do.
determined by the amount of stock owned by the firm.

The explosive use of social media in an example of __________ environment.
customer
competitor
economic
social

Which of the following companies is being the most socially responsible?
The Flex-Arrow company is attempting to operate in a way which will help local students get education and jobs.
Quantum Inc. halts its production of toxic gases after it becomes evident that people object to this practice and are threatening legal action.
Andover, Inc. strives to maximize profits before contributing to an environmental protection fund.
The ABC Company changes its product design in order to comply with regulatory mandates.

Global market channels involve a firm producing goods in:
their home country and exporting them to other countries.
their home country to sell at home.
a foreign country to sell at home.
a foreign country to sell abroad.

Under the U.S. Corporate Sentencing Guidelines, if a firm has developed a strong ethics program, corporate executives found guilty of criminal activity may have their sentence:
increased.
reduced.
suspended.
decided by the company.


A corporate political strategy does NOT:
hinder a competitor's ability to compete economically.
seek to continue the firm's economic survival or growth.
determine the legal limits allowed for campaign financing.
exercise a firm's right to a voice in government affairs.

Which pattern of consumption is recommended for reducing humanity's global footprint?
Purchase goods from firms that always seek to maximize their profits.
Choose less harmful products.
Build more transit stops on the outskirts of towns.
Eat more beef.

A technological application that uses biological systems or living organisms to make or modify products or processes for specific use is called:
biotechnology.
biosphere outcome.
biology.
meta-technology.

The "agency problem" arises when:
owners manage the company on their own behalf.
there is no separation of ownership and control in a company.
managers act in their own interest, rather than in the interest of shareholders.
shareholders act in their own interest, rather than in the interest of the board.

Regarding the objectives of a company's community relations department, the primary goal is likely to be:
improving the financial bottom line.
building relationships with important community groups.
collaborating with other company teams to create policy.
supporting pro-business community organizations.

 

   

 

BU360 Lesson 1 Exam SCORE 95 PERCENT

Question 1

In the first step of a stakeholder analysis, __________ of the focal organization identify the issue to be considered.

Question options:

	suppliers
	customers
	shareholders
	managers
Question 2

Which of the following is considered to be a nonmarket stakeholder?

Question options:

	Customers
	Nongovernmental organizations
	Creditors
	Stockholders
Question 3

According to management scholar Karl Albrecht, scanning to acquire environmental intelligence should focus on:

Question options:

	eight strategic radar screens.
	six management templates.
	eight process improvements.
	six ethical decision indicators.
Question 4

A corporation's issue management activities are usually linked to:

Question options:

	both the board of directors and top management.
	the board of directors.
	top management.
	the strategic governance committee.
Question 5

Departments or offices within an organization that reach across the dividing line that separates the company from groups and people in society are:

Question options:

	inter-departmental divisions.
	geographic location areas.
	boundary-spanning departments.
	organizational maps.
Question 6

Contemporary issue management:

Question options:

	is a linear process.
	was useful in the 1970s, but not today.
	is used by all government agencies.
	is an interactive, forward-thinking process.
Question 7

An analysis of the stability or instability of a government is an example of scanning the _____ environment.

Question options:

	social
	legal
	geophysical
	political
Question 8

All of the following are considered to be external stakeholders, EXCEPT:

Question options:

	managers.
	customers.
	shareholders.
	suppliers.
Question 9

Once an issue has been identified its implications must be:

Question options:

	acted upon.
	analyzed.
	segmented.
	deleted.
Question 10

In instances when we find some person or group holding multiple duties we refer to such parties as maintaining:

Question options:

	roll sets.
	the interests of primary stakeholders.
	a particular ownership theory.
	an independent status set.
Question 11

When working well, the issue management process:

Question options:

	is static and never pulls in additional information that would disturb the balance.
	generates two specific options for each issue.
	minimizes dialogue with the stakeholders and focuses on short-term survival.
	continuously cycles back to the beginning and repeats.
Question 12

In your text, all of the following represent the dynamic environment of business, EXCEPT:

Question options:

	evolving business regulation.
	changing social expectations.
	new technology and innovation.
	the unemployment rate.
Question 13

Failure to understand the beliefs and expectations of stakeholders:

Question options:

	causes a company's profits to increase in the short run.
	causes a company's profits to decrease in the short run.
	causes the performance-expectation gap to grow larger.
	increases the chance of a corporate buyout.
Question 14

In accord with modern stakeholder theory, a business and its stakeholders are best visualized as an interconnected:

Question options:

	vortex.
	network.
	complex.
	web.
Question 15

With the explosive growth of technologies that facilitate the sharing of information, what kind of stakeholder power has become increasingly important?

Question options:

	Economic power
	Political power
	Legal power
	Informational power
Question 16

The issue management process is a:

Question options:

	beneficial tool used only to maximize the positive effects of a public issue for the organization's advantage.
	beneficial tool used only to minimize the positive effects of a public issue for the organization's advantage.
	systematic process companies use when responding to public issues that are of greatest importance to the business.
	confusing process that is rarely used to help top management within an organization.
Question 17

The issue management process has how many stages?

Question options:

	Three
	Four
	Five
	Six
Question 18

The main reason that a number of European countries require public companies to include employee members on their boards of directors is so that:

Question options:

	the employees will be available to answer other board members' questions.
	management will not have to attend meetings.
	employees' interests will be explicitly represented.
	employees will have more power than any other stakeholder.
Question 19

Which statement is NOT correct?

Question options:

	Business and society need, as well as influence, each other.
	The boundary between business and society is clear and distinct.
	Business is a part of society and society penetrates far and often into business.
	Business and society are both separate and connected.
Question 20

Customers can exercise economic stakeholder power by:

Question options:

	voting on a proposed merger of a company and a competitor.
	boycotting products if they believe the goods are too expensive.
	attending a company's annual meeting.
	applying for a job with the company.

 

     

 

BU360 Lesson 2 Exam SCORE 100 PERCENT

Question 1

Which of the following is an argument against corporate social responsibility?

Question options:

	It requires skills businesses may lack.
	It creates an imbalance between corporate power and its economic responsibility.
	It improves business value and reputation.
	A majority of stockholders are against it.
Question 2

An emerging business model that attempts to strategically balance the interests of all stakeholders in order to solve social and environmental problems is called a:

Question options:

	balanced corporation.
	B Lab.
	B corporation.
	CSR corporation.
Question 3

Modern corporations can be considered socially responsible if they are:

Question options:

	responsible to the stockholders of the company.
	creating job, thus positively influencing the lives of employees.
	are highly profitable.
	generating dividends for the company's stockholders.
Question 4

According to the iron law of responsibility:

Question options:

	in the long run, those who do not use power responsibly will lose it.
	in the short run, always sacrifice social goals in favor of economic goals.
	law is more important than social or economic responsibility.
	in the long run, economic responsibility leads to social responsibility.
Question 5

The three strategies of globalization can be summarized using what three words?

Question options:

	channels, operations, and chains
	export, locate, and purchase
	sell, make, and source
	ethics, import, and sell
Question 6

Positive reputation can be valued as an intangible corporate:

Question options:

	asset.
	liability.
	charity.
	expense.
Question 7

The Twilight Company demonstrates its commitment to social and environmental responsibility, not just locally or regionally, but worldwide. This is an example of:

Question options:

	corporate social responsibility.
	global sustainability.
	global corporate citizenship.
	community investing.
Question 8

Business leaders, such as automaker Henry Ford, developed ___________ to support the recreational and health needs of Ford employees.

Question options:

	corporate social responsibility programs
	corporate citizenship programs
	social networking programs
	paternalistic programs
Question 9

Single-party rule by communist parties still remains in:

Question options:

	Lithuania.
	Thailand.
	Russia.
	Vietnam.
Question 10

An example of a Global Action Network, or GAN, is:

Question options:

	the World Trade Organization.
	nongovernmental organizations.
	the Kimberley Process.
	the Heritage Foundation.
Question 11

Assets that a person accumulates and owns at a certain point in time are called:

Question options:

	income.
	equity.
	wealth.
	microfinance.
Question 12

According to Barlow v. A.P. Smith Manufacturing:

Question options:

	<p>the laws prohibited charitable contributions.</p>
	<p>charitable contributions are bad corporate investments for the short-term.</p>
	<p>socially responsible actions must be approved by a majority of the firm's stakeholders.</p>
	<p>socially responsible actions are an investment in the future, thus an allowable expense.</p>
Question 13

Corporate power refers to the capability of:

Question options:

	competitors to influence legislation, trade, and the stock market based on their organizational resources.
	politicians to influence corporations, employees, and unions, based on their organizational resources.
	corporations to influence government, the economy, and society, based on their organizational resources.
	CEOs to influence product development, employee morale, and currency indices, based on their organizational resources.
Question 14

A society where economic power is concentrated in the hands of government officials and political authorities is called a:

Question options:

	central state control system.
	a social democracy.
	a political control system.
	a military dictatorship.
Question 15

When undertaking social initiatives, a company:

Question options:

	must take out social responsibility insurance,
	will always receive long-term profits.
	may sacrifice short-term profits.
	risks bankruptcy in nearly every case.
Question 16

Which of these U. S. companies is the best example of using globalization to reduce the price of products?

Question options:

	K-Mart
	Toys R Us
	Walmart
	Macy's
Question 17

Some companies have created a department of corporate citizenship to:

Question options:

	adopt the United Nation's Global Compact Principles.
	decentralize under common leadership wide-ranging corporate citizenship functions.
	centralize under common leadership wide-ranging corporate citizenship functions.
	narrow the job of the public relations office.
Question 18

Philanthropic funding and public relations are examples of:

Question options:

	drivers of the corporate social responsiveness phase.
	policy instruments of the corporate social stewardship phase.
	policy instruments of the corporate social responsiveness phase.
	drivers of the charity principle phase.
Question 19

Representation on the World Bank's board of directors is based on:

Question options:

	the size of the member nation's population.
	the size of the member nation's economy.
	the size of the member nation's land mass.
	equal representation of all member nations.
Question 20

The Heritage Foundation scored which nation of the world among the most repressed as of 2012?

Question options:

	Hong Kong
	North Korea
	Australia
	Singapore

 

      

 

BU360 Lesson 3 Exam SCORE 90 PERCENT

Question 1

Ethics policies typically cover all of the following issues EXCEPT:

Question options:

	developing guidelines for accepting or refusing gifts from suppliers.
	encouraging discriminatory personnel policies.
	avoiding conflict of interest.
	maintaining the security of proprietary information.
Question 2

Which U.S. Act provides executives representing U.S.-based companies from paying bribes to foreign government officials, political parties, or political candidates?

Question options:

	USA Patriot Act
	U.K. Bribery Act
	Corruption of Foreign Officials Act
	U.S. Foreign Corrupt Practices Act
Question 3

All of the following values are present in most ethical decisions, EXCEPT:

Question options:

	be fair and just.
	be kind.
	act responsibly.
	be honest.
Question 4

Under the Sarbanes-Oxley Act, corporations are required to:

Question options:

	have executives vouch for the accuracy of a firm's financial reports.
	have their audit committee comprised of only one executive.
	collect reimbursements from the U.S. government if financial restatements occur.
	have stockholders vouch for the accuracy of a firm's financial reports.
Question 5

At the core of rights reasoning is the belief that:

Question options:

	the company's right to a profit must be protected.
	respecting others is the essence of human rights.
	the right to join a union is no longer universally accepted.
	economic and political powers determine who is right.
Question 6

Cross-cultural contradictions arise due to:

Question options:

	the emergence of a developing country's economic power.
	religious differences adhered to by business executives.
	differences between home and host countries ethical standards.
	differences between different languages that may lead to misunderstandings.
Question 7

Regarding the U.K. Bribery Act, which of these statements is TRUE?

Question options:

	It provides an exemption for "facilitating payments."
	It contains a strict liability offense for failure to prevent bribery by commercial organizations.
	It prohibits bribery only for government officials.
	It requires that improper actions be made "corruptly."
Question 8

A recent study found that, compared with the 1980s, managers today place what importance on moral values, such as honesty and forgiveness?

Question options:

	less importance
	about the same importance
	slightly more importance
	triple the importance
Question 9

A bottom-line mentality in business is best reflected in which statement?

Question options:

	"I want it."
	"We have to beat the others at all costs."
	"Help yourself and those closest to you."
	"Foreigners have a funny notion of what's right and wrong."
Question 10

Integrity-based ethics programs:

Question options:

	seek to avoid legal sanctions.
	combine concern for the law with an emphasis on employee responsibility.
	threatens employees with punishment for non-compliance with the ethics program.
	are predominately implemented within the European Union.
Question 11

According to a 2013 opinion poll, Americans hold a dim view of:

Question options:

	nurses.
	the Supreme Court.
	churches.
	business executives.
Question 12

A conception of right and wrong is:

Question options:

	impossible to know.
	based on stakeholder dialogue.
	determined by power.
	the definition of ethics.
Question 13

People everywhere depend on ethical systems to tell them whether or not their actions are:

Question options:

	legal or illegal.
	right or wrong.
	financially attainable or not.
	logical, practical, and reasonable.
Question 14

Business managers need a set of ethical guidelines to help them:

Question options:

	understand the changing customs throughout the world.
	justify the resolution which best helps themselves.
	identify and analyze the nature of any ethical problem.
	describe what's best for shareholders as opposed to customers.
Question 15

A purchasing agent directing her company's order to a firm from which she received a valuable gift is an example of:

Question options:

	conflict of interest.
	ethical relativism.
	moral relativism.
	egotism.
Question 16

Recipients of corporate ethics awards show that:

Question options:

	awards are based on economic power, not ethical performance.
	firms can be financially successful and ethically focused.
	being legally compliant results in receiving an ethics award.
	improving ethical performance is very costly but bolsters a firm's reputation.
Question 17

When the benefits of an action outweigh its costs, the action is considered ethically preferred according to:

Question options:

	utilitarian reasoning.
	virtue ethics.
	theological reasoning.
	Plato and Aristotle.
Question 18

If a manager approaches ethical issues with a self-centered approach, emphasis will be on:

Question options:

	integrity.
	social relationships.
	economic efficiency.
	laws.
Question 19

Which country recently enacted new laws to counter bribery and corruption?

Question options:

	Russia
	Somalia
	Brazil
	Argentina
Question 20

All of the following are considered to be ethical issues for marketing professionals, EXCEPT:

Question options:

	fostering trust in the marketing system.
	embracing ethical values.
	doing no harm.
	avoiding fair market stipulations.

 

         

 

BU360 Lesson 4 & 5 Exam SCORE 95 PERCENT

Question 1

In a survey of 110 companies in 2014, the most frequent public affairs tactic was related to:

Question options:

	grassroots issues.
	political action committees.
	issues management.
	federal government regulations.
Question 2

Cooperation between business and government often occurs when:

Question options:

	they encounter a common problem or enemy.
	business can afford it.
	business operates at arm's length from the government.
	government has the support of the people.
Question 3

To influence government policymakers' actions, an information strategy involves:

Question options:

	business leaders speaking before government policymakers.
	government policymakers hiring special interest groups for fact-finding projects.
	businesses listening to government policymakers in order to develop a corporate strategy.
	gaining support from other affected organizations.
Question 4

Deregulation is often:

Question options:

	a politically popular idea.
	a politically unpopular idea.
	seen during a democratic federal administration.
	found in European countries but not in the United States.
Question 5

Government's role is to create and enforce laws that:

Question options:

	control businesses' action in society.
	protect businesses' interest in society.
	protect society from business.
	balance the relationship between business and society.
Question 6

Regulation can be argued as justified based on:

Question options:

	collective market theory.
	utilitarian and justice grounds.
	the life cycle of regulation.
	tradition.
Question 7

Governments being asked to regulate driving distractions are examples of public policy:

Question options:

	inputs.
	goals.
	effects.
	tools.
Question 8

In recent annual Harris polls, which entity did Americans believe had the greatest amount of political power?

Question options:

	Small businesses
	Large businesses
	Political action committees
	Lobbyists
Question 9

When managers become personally involved in developing public policy, that firm is at the _______________ organizational level of business political involvement.

Question options:

	limited
	moderate
	aggressive
	holistic
Question 10

Which of these statements accurately describes a Super PAC?

Question options:

	It allows limited contributions from unions.
	It allows limited contributions from individuals.
	It is also called the dependent expenditure-only committee.
	It does not allow direct contributions to candidates or political parties.
Question 11

An example of a regulatory agency charged with enforcing social regulation is the:

Question options:

	Federal Aviation Administration.
	Federal Trade Commission.
	Federal Communications Commission.
	Internal Revenue Service.
Question 12

Economists reported that the costs of regulatory compliance were highest for:

Question options:

	vehicle safety.
	antitrust issues.
	consumer protection.
	workers safety.
Question 13

In 2011, the Global Electoral Organization (GEO) discussed which of these critical election administration issues?

Question options:

	How to disengage electoral stakeholders
	The role of the media in elections
	How to increase election disputes
	How to hide dark money contributors
Question 14

Which of the following is NOT a constituency-building strategy tool?

Question options:

	Expert witness territory
	Advocacy advertising
	Public relations
	Legal challenges
Question 15

Under U.S. law, lobbyists must disclose their:

Question options:

	political affiliation and expenses.
	earnings.
	expenses.
	earnings and expenses.
Question 16

Which of the following represents a structural remedy for an antitrust violation?

Question options:

	<p>Paying a large fine</p>
	<p>Breaking up a monopoly</p>
	<p>Disclosure of company information to rivals</p>
	<p>Agreeing to change a firm's conduct</p>
Question 17

Antitrust laws protect consumers from:

Question options:

	anticompetitive practices by business.
	selling products above cost to drive away rivals.
	conspiring with business partners to increase competition.
	firms using market dominance to expand commerce.
Question 18

Total social regulation costs are:

Question options:

	slightly lower than total economic regulation costs.
	slightly higher than total economic regulation costs.
	significantly higher than total economic regulation costs.
	equal to total economic regulation costs.
Question 19

Expert witness testimony is often acquired:

Question options:

	<p>through company newsletters.</p>
	<p>on the steps of the White House.</p>
	<p>in Congressional hearings.</p>
	<p>from the <em>Wall Street Journal.</em></p>
Question 20

Governments hold the power to:

Question options:

	grant permission to only specific business activity.
	grant or refuse permission for many types of business activity.
	refuse permission to only government funded activity.
	grant or refuse permission based on a firm's economic efficiency.
Question 21

The Sustainability Consortium organized to advance life-cycle analysis for thousands of products includes all of the following EXCEPT:

Question options:

	Walmart.
	SAP.
	Alcoa.
	Google.
Question 22

The process of firms buying and selling the right to pollute is an example of which type of environmental regulation?

Question options:

	Market-based
	Command
	Emissions charges
	Control
Question 23

The beverage industry's partnership "Refrigerants Naturally!" is attempting to:

Question options:

	reduce water usage.
	increase the amount of arable land in use.
	reduce the use of ozone-depleting chemicals.
	increase the consumption of natural beverages.
Question 24

In coming years, the most successful global businesses will be those that:

Question options:

	develop short-term partnerships between companies in developing countries to transfer environmental technologies.
	recognize the imperative for sustainable development as an opportunity both for competitive advantage and ethical action.
	avoid fully accounting for environmental costs in calculating measures of production such as the gross domestic product (GDP).
	produce products with a limited useful life.
Question 25

A thin layer of gas that protects Earth's surface from excessive ultraviolet solar radiation is composed of:

Question options:

	ozone.
	carbon dioxide.
	methane.
	oxygen.
Question 26

In the U.S., most solid waste:

Question options:

	is recycled.
	is composted.
	is incinerated.
	ends up in landfills.
Question 27

Which of the following is NOT true regarding environmental standards?

Question options:

	Regulatory agencies can establish standard allowable levels of pollutants.
	The government has the power to command business firms to comply with certain standards.
	The government rarely interferes in a business's choice of pollution technology.
	They are the most widely used methods of regulation.
Question 28

A shared resource, such as land, air, or water, that a group of people use collectively is a/an:

Question options:

	economic village.
	collective resource.
	global unification.
	commons.
Question 29

Which stage of corporate environmental responsibility focuses on the full life cycle of a product?

Question options:

	Pollution prevention stage
	Clean technology stage
	Product stewardship stage
	Green management stage
Question 30

Companies that reduce pollution and hazardous waste, reuse or recycle materials, and operate with greater energy efficiency achieve a competitive advantage due to:

Question options:

	technological innovation.
	product differentiation.
	green marketing.
	cost savings.
Question 31

When businesses form voluntary, collaborative partnerships with environmental organizations and regulators to achieve specific objectives, we are witnessing:

Question options:

	inter-organizational alliances.
	environmental partnerships.
	cross-functional teams.
	command and control teams.
Question 32

Respecting Earth's rain forests, all the following are true, EXCEPT they:

Question options:

	are the planet's richest areas in terms of biological diversity.
	will be severely depleted within the next eight years.
	account for about seven percent of our planet's surface.
	account for somewhere between 40 to 75 percent of Earth's species.
Question 33

Sustainable development:

Question options:

	meets the needs of the present while compromising the ability of future generations to meet their own needs.
	gives precedence to environmental over economic considerations.
	balances economic and environmental considerations.
	gives precedence to present needs over future needs.
Question 34

Life-cycle analysis involves:

Question options:

	accurately recording the production costs at each stage of a product's life cycle.
	collecting information regarding the lifelong environmental impact of a product, from extraction to disposal.
	reducing recycling costs for disposable products.
	increasing productivity while improving the environment.
Question 35

The commitments of the Convention on Biological Diversity include:

Question options:

	developing national conservation strategies.
	eliminating CFC production.
	population control education.
	massive irrigation projects in developing countries.
Question 36

Being able to continue their activities indefinitely, without altering the carrying capacity of Earth's ecosystem, is a characteristic of:

Question options:

	ecologically sustainable organizations.
	concerned citizens.
	codes of environmental conduct.
	environmental regulations.
Question 37

Natural capital refers to the worldwide:

Question options:

	<p>supply of resources, such as soil, air, water, and all living things.</p>
	<p>combined stock ownership.</p>
	<p>combined capital investments.</p>
	<p>supply of sustainable developers.</p>
Question 38

By promoting the use of clean cook stoves in developing nations, a global alliance hopes to reduce:

Question options:

	deforestation.
	the burning of fossil fuels.
	black carbon emissions.
	methane emissions.
Question 39

__________ refers to the amount of land and water a human population needs to produce the resources it consumes while absorbing its wastes given prevailing technology.

Question options:

	Ecological footprint
	Technological innovation
	Sustainable development
	Consumption impact
Question 40

Rapid economic development is often accompanied by:

Question options:

	increasing population growth.
	greatly reduced crop yields.
	rising incomes, bringing higher rates of both consumption and waste.
	decreasing incomes, bringing higher rates of both consumption and waste.

        

 

BU360 Lesson 6 and 7 Exam SCORE 93 PERCENT

Question 1

In some economically developed countries and in most developing countries around the world, genetically modified food was:

Question options:

	looked upon with caution but generally accepted.
	welcomed as a way to increase crop yields.
	rejected by most governments.
	viewed with extreme cautions.
Question 2

We are currently in which phase in the development of technology?

Question options:

	Industrial
	Service
	Information
	Semantic
Question 3

The __________ website received a favorable review because they limited the ability of hackers to take advantage of one another.

Question options:

	Hackers for Hire
	Hacker's List
	Facebook
	ISIS
Question 4

Bill Joy, Sun Microsystems' chief scientist, stated that the rapid advances in technology:

Question options:

	solve every surmountable problem in no time flat.
	move too fast, and can take on a life of their own.
	are the safest and most human friendly known to civilization.
	must be controlled by the companies that invest in them, in order to protect society.
Question 5

In 2014, the percentage of Americans who believed that stem cell research is morally acceptable was:

Question options:

	27 percent.
	52 percent.
	60 percent.
	65 percent.
Question 6

Which country recently required all video-streaming sites to be approved by the government or risk having their content banned?

Question options:

	Iran
	Pakistan
	North Korea
	China
Question 7

Which of the following is TRUE respecting the U.S. government's PRISM program?

Question options:

	Technology companies could voluntarily turn over individual private communications.
	The clandestine program was hidden by Edward Snowden.
	Critics of the program called it an unwarranted intrusion by Big Brother.
	Google challenged the program rules and won.
Question 8

__________ is the practical applications of science and knowledge to commercial and organizational activities.

Question options:

	Technology
	E-commerce
	Digital semantics
	Informational analysis
Question 9

Which of the following is NOT true respecting the service phase of technology?

Question options:

	It was the fourth phase in the development of technology.
	It emphasized providing services.
	It required manual and intellectual skills.
	It was dominant from 1900 to 1960.
Question 10

Downloading illegal files, spreading computer viruses, and stealing from online bank accounts is, collectively, referred to as:

Question options:

	hacking.
	software piracy.
	cybercrime.
	Internet disruption.
Question 11

Which of the following statements MOST accurately describes a "web-junkie"?

Question options:

	He plays video games for hours on end without a break.
	She views the real world more realistically.
	He is, overall, a fast learner.
	She creates "mega-moments."
Question 12

In 2013, North Korea opened Internet access to:

Question options:

	all of its natural citizens.
	residents of South Korea.
	foreigners using mobile devices and lap tops.
	investors of Koryolink, a state-owned telecommunications company.
Question 13

The buying and selling of goods and services electronically is called:

Question options:

	M-commerce.
	E-business.
	teleprompting.
	telemarketing.
Question 14

In which country was anti-spam legislation passed making it a crime to send unsolicited e-mail messages to people's private e-mail addresses or cell phones?

Question options:

	China
	Japan
	United Kingdom
	Germany
Question 15

Software piracy is a major problem:

Question options:

	globally.
	only in North America.
	only in Asia.
	in North America and Asia.
Question 16

Hackers who intend to profit from their actions are motivated by:

Question options:

	the need for media attention.
	a desire to retaliate against the government.
	the thrill of it.
	financial incentives.
Question 17

The place where information is stored, ideas are described, and communication takes place in and through an electronic network of linked systems is called:

Question options:

	cloud computing.
	cyberspace.
	a data server.
	hyperspace.
Question 18

Hackers employed by businesses or government to intentionally discover weaknesses in information systems are called:

Question options:

	Grey Hatters.
	Black Hatters.
	White Hatters.
	Mad Hatters.
Question 19

The digital divide describes the gap between those:

Question options:

	individuals who have access to technology and those who do not.
	businesses who use e-business and those who do not.
	hospitals who use online information and those who do not.
	individuals who use broadband technology and those who do not.
Question 20

How has the increase in information technology affected criminal activities globally?

Question options:

	Crime levels have remained about the same.
	Crime has decreased due to better monitoring efforts.
	The need for government cooperation has been reduced.
	New mechanisms for stealing data, trafficking contraband and laundering money have emerged.
Question 21

Which of the following is NOT a function of board committees?

Question options:

	The executive committee works closely with top managers on business matters.
	The audit committee reviews the company's financial reports.
	The compensation committee administers and approves salaries and benefits.
	The finance committee works closely with the human resources department to fund employee salaries.
Question 22

Since the mid-1950s the proportion of American workers represented by a union has:

Question options:

	increased.
	grown, but only in the manufacturing sector.
	decreased.
	remained about the same.
Question 23

The "right to be heard" assures that the consumers' interests will:

Question options:

	receive full and sympathetic consideration.
	be protected against fraudulent or misleading information.
	be assured satisfactory quality and service at a fair price.
	be given all the facts needed to make an informed choice.
Question 24

How are directors (members of corporate boards) selected?

Question options:

	Shareholders elect the directors from a list of candidates.
	The company's CEO appoints the directors.
	The nominating committee elects the directors.
	Shareholders with the greatest proportional ownership in the company become directors.
Question 25

Which of the following statements is NOT true regarding the Consumer Reports organization?

Question options:

	<p>It is involved in activities promoting the interests of consumers.</p>
	<p>It conducts extensive tests on selected consumer products and services.</p>
	<p>It is supported by the Federal government.</p>
	<p>It publishes the results of tests online with ratings on a brand name basis.</p>
Question 26

Reasons for increasing the level of employee monitoring do NOT include:

Question options:

	achieving greater worker efficiency.
	avoiding lawsuits resulting from inappropriate employee activities.
	assuring that employees will not disclose confidential company information.
	reducing employee health insurance premiums.
Question 27

All of the following are legal rights of shareholders, EXCEPT voting on:

Question options:

	members for the board of directors.
	major mergers and acquisitions.
	changes in the corporate charter.
	who will become the chief executive officer (CEO).
Question 28

Which of the following is NOT true regarding institutional investors?

Question options:

	Institutions invest their funds by purchasing shares of stock in a corporation.
	The proportion of individual ownership of stock in the U.S. has declined slowly since the 1960s.
	Pension funds and university endowments are examples of institutional investors.
	Institutions accounted for 63 percent of the value of all equities owned in the U.S. in 2010.
Question 29

Which law allows individuals who sue federal contractors for fraud to receive up to 30 percent of any amount recovered by the government?

Question options:

	False Standards Act
	Economic Priorities Act (as amended in 1999)
	U.S. False Claims Act (as amended in 1986)
	Fair Labor Standards Act
Question 30

Which law targeted regulation on issues of complex securities, especially those related to subprime mortgages?

Question options:

	Sarbanes-Oxley Act
	Dodd-Frank Act
	Affordable Care Act
	Securities and Exchange Act
Question 31

In the United States, which of the following agencies enforces the law prohibiting deceptive advertising?

Question options:

	Congress
	Consumer Product Safety Commission
	Federal Trade Commission
	Department of Justice
Question 32

Groups that collect and combine data from various sources into individual profiles that are sold to retailers and advertisers are called:

Question options:

	flash cookies.
	data aggregators.
	Internet marketers.
	360-degree viewers.
Question 33

According to the new social contract:

Question options:

	the employer is obligated to provide long-term job security.
	job security is based on seniority, but salaries may be lowered for poor performance.
	companies try to attract workers by giving them interesting and challenging work.
	employers have no fixed responsibilities toward employees.
Question 34

All of the following are examples of fulfilling social objectives through stock ownership, EXCEPT:

Question options:

	selling stock of companies that did business in South Africa when it was ruled under Apartheid.
	divesting from Chinese companies that made products with forced labor.
	selling stock of companies with a below-market rate of return.
	choosing not to invest in Burmese companies that had been accused of human rights abuses.
Question 35

A living wage has been defined as a wage that:

Question options:

	<p>equals or exceeds the minimum wage established by law.</p>
	<p>equals or exceeds one-and-a-half times the minimum wage established by law.</p>
	<p>supports the basic needs of an average-sized family, based on local prices.</p>
	<p>supports half the basic needs of an average-sized family, based on local prices.</p>
Question 36

Warning consumers about possible side effects of pharmaceutical drugs is an example of consumer protection against:

Question options:

	predatory pricing.
	incomplete information disclosure.
	hazardous products.
	violations of individual privacy.
Question 37

Prior to deregulation, government agencies frequently:

Question options:

	encouraged overseas trade, shielding businesses from competition.
	held prices artificially high, shielding businesses from competition.
	discouraged overseas trade, shielding consumers from selection.
	held prices artificially low, shielding consumers from selection.
Question 38

Regarding random drug testing of employees, which statement is TRUE?

Question options:

	It screens randomly-selected employees at various times through the year.
	It randomly tests selected applicants before hiring, as a part of a physical examination.
	It tests an employee believed to be impaired by drugs and, therefore, unfit for work.
	It regularly tests employees from randomly-selected job categories or job levels.
Question 39

Consumer groups have generally opposed the idea of product liability reform using which of the following arguments?

Question options:

	Punitive damages should be limited.
	Strict liability should be retained.
	The burden of proof should be shifted to consumers.
	Losers should be made to pay some of the other side's legal bills.
Question 40

The practice of adapting a job to the worker is referred to as:

Question options:

	social contracting.
	electronic monitoring.
	ergonomics.
	task simplification.

        

 

BU360 Lesson 8 Exam SCORE 90 PERCENT

Question 1

Which type of supplier is hired to provide products or services directly to a lead firm?

Question options:

	Subcontractors
	Tier-1
	Network
	Tier-2
Question 2

As communications improve and people around the world are able to witness the horrors of natural disasters, terrorism and war, international relief efforts by corporations are becoming:

Question options:

	obsolete because of social media.
	a liability because of negative media.
	more important.
	less important.
Question 3

We examine ____________ when we search for the underlying cause of repeated supplier violations.

Question options:

	capability-building
	supplier scoring
	root cause analysis
	supply chain auditing
Question 4

Habitat for Humanity is considered a:

Question options:

	corporation.
	government division.
	nongovernmental organization.
	program for the homeless.
Question 5

Which of the following is one drawback of conducting supplier audits?

Question options:

	Workers trust the auditors to the point of giving away corporate secrets.
	Audits scale so well across the supply chain that only general averages can be collected.
	On-site inspections are expensive.
	On-site inspectors are so fast that teams must conduct hundreds of them in a single day.
Question 6

In 2014, the smallest source of philanthropic contributions in the United States came from:

Question options:

	individuals.
	foundations.
	corporations.
	bequests.
Question 7

A supplier that controls critical worker skills and technological know-how holds which type of power?

Question options:

	Economic
	Informational
	Legal
	Voting
Question 8

Which of the following government rules on equal treatment of employees does NOT apply to businesses?

Question options:

	Discrimination on the basis of race, color, religion, sex, national origin, disability, or age is prohibited in all employment practices.
	Government contractors must have written positive affirmation action plans to overcome the past and present effects of discrimination in their work force.
	Women and men must receive equal pay for performing equal work.
	Affirmative action plans must be permanent.
Question 9

A/n __________ audit is employed when a company hires and trains its own staff of auditors.

Question options:

	factory
	internal
	third-party
	external
Question 10

A business community that consists of people who work near the company is referred to as a(n):

Question options:

	site community.
	virtual community.
	community of interest.
	employee community.
Question 11

The share of all giving made up by in-kind contributions of products and services has been _____ over the past decade.

Question options:

	declining steadily
	relatively constant
	rising steadily
	declining sharply
Question 12

The lack of jurisdiction of home country governments over supplier behavior is exemplified by:

Question options:

	the United States Department of Labor having no control over safety in Indonesia.
	OSHA being unable to enforce laws in Alabama.
	business elites in developing countries effectively blocking regulation.
	the Global Compact having moral authority but no enforcement power.
Question 13

As established in 1965, Executive Order 11246 mandates:

Question options:

	affirmative action for all government employees.
	affirmative action for all federal contractors and subcontractors.
	equal pay for equal work for all federal contractors and subcontractors.
	family and medical leave for all federal employees for illness or the birth of a child.
Question 14

One reason why firms partner with communities to increase their economic development is to:

Question options:

	expand environmental sustainability.
	develop workplace skills.
	control the rate of entrepreneurship.
	avoid paying higher taxes.
Question 15

Recently released workplace statistics for high tech companies reveal:

Question options:

	a majority of their workers are white or Asian.
	women are more likely to be found performing technical roles.
	Pinterest is the only high tech company surveyed with a majority female workforce.
	no high tech company surveyed has a female CEO of COO.
Question 16

When a mother or father is granted time off when children are born or adopted and during the early months of a child's development, this is called:

Question options:

	the parent track.
	baby care.
	parental leave.
	family leave.
Question 17

Which ethnic group, as defined by the U.S. Census, represents the fastest growing segment of the labor force?

Question options:

	African Americans
	Asians
	Hispanics
	Native Americans
Question 18

According to a Forbes study, what percentage of executives agreed that diversity encourages innovation?

Question options:

	<p>10 percent</p>
	<p>50 percent</p>
	<p>68 percent</p>
	<p>85 percent</p>
Question 19

Regarding supply chain transparency, which of these statements is NOT true?

Question options:

	A firm's social, ethical, and environmental responsibility is revealed.
	Technology is enhancing supplier transparency.
	Brand loyalty among consumers is reduced by a firm's revelations.
	Recent audits and certifications are publicized.
Question 20

According to a Harvard Business Review study, which of the following is NOT an area in which corporate contributions are most likely to enhance a company's competitiveness?

Question options:

	<p>Context of strategy and rivalry</p>
	<p>Demand conditions</p>
	<p>Stakeholder management</p>
	<p>Factor conditions</p>