1 - Which of the following is not included in a compliance-based ethics code? A. Increased control over employee actions. B. Shared accountability among employees. C. Penalties for wrongdoers. D. Awareness of the relevant laws. 2 - Insourcing can be found in what industry, according to the explanations in class? A. Retail sector B. Electronic sector C. Non-profit sector D. Agriculture 3 - The resources that contribute to the creation of wealth are known as: A. production coefficients. B. factors of production. C. production technologies. D. production aggregates. 4 - After developing a code of ethics, it should be communicated to: A. Stockholders. B. the police in jurisdictions where the business has operations. C. only senior-level management. D. everyone with whom the business has dealings. 5 - Which of the following would be a unique focus of an integrity-based ethics code? A. Increased control over employee actions. B. Increased penalties for code violators. C. Shared accountability among employees. D. Improved awareness of the relevant laws. 6 - Which of the following is the dimension of social responsibility that includes enhanced forms of corporate philanthropy that are more directly related to the company's competencies? A. Corporate consumerism B. Corporate social initiatives IBM 160 Winter 2022 Prepared by Dr. Eduardo Jasson C. Ethical consumerism D. Ethical philanthropy 7 - Ellie is a creative person who works for the Bigdome Corporation, a large producer of consumer products. One of her primary duties is to initiate and develop new products to complement the firm's current product line. Evidently Ellie is a(n): A. outside consultant. B. entrepreneur. C. intrapreneur. D. owner's daughter. 8 - Which is not a Factor of Production? A. Ethical Proposition B. Knowledge C. Resources D. Labour 9 - Innovation, Science and Economic Development Canada administers the __________ which aims to make sure that mergers will not restrict competition. A. Food and Drug Act B. Corporations Act C. Laissez-Faire Treaty D. Competition Act 10 - One problem of conducting a social audit is: A. that most businesses are really not very concerned with these issues. B. determining what should be measured and how to calculate the effect on society. C. the primary focus of management is on the interests of stakeholders. D. governmental "red-tape." 11 - The Fairtrade mark on a package indicates that: A. the company must not be involved in weapons or tobacco businesses. B. the company has contributed to the development of disadvantaged producers and workers. C. the company must behave ethically. D. the company cannot participate in insider trading. IBM 160 Winter 2022 Prepared by Dr. Eduardo Jasson 12 - When the government runs a budget deficit it increases the: A. Federal capital account. B. Balance of payments deficit. C. National debt. D. Money supply. 13 - Which of the following is the most accurate statement about the impact of entrepreneurs? A. Land is a more important factor of production than the impact of entrepreneurs. B. Labour is the primary source of wealth today, followed by the impact of entrepreneurs. C. Capital is the primary source of wealth today, followed by the impact of entrepreneurs. D. Entrepreneurs, and the use of knowledge are the primary source of wealth today. 14 - The triple-bottom line measures: A. social audit performance. B. profits, people, and places. C. economic, social, and environmental parameters. D. public private partnerships. 15 - Government activities that affect businesses include: A. promotion B. a free economy C. crown corporations D. democracy 16 - The Bank of Canada operates: A. As a special agency of the Canadian Treasury Board. B. Under the direct control of the executive branch of the government. C. Under the direction of the Banking Oversight Committee of Parliament. D. As a Crown Corporation. 17 - An important function of the NRC (National Research Council) is to: A. help Canadian industry remain competitive and innovative. IBM 160 Winter 2022 Prepared by Dr. Eduardo Jasson B. provide leadership for Canada's major universities. C. conduct weapons research for Canada's military. D. provide revenue for the government by developing commercially viable products. 18 - Ontario sold the toll-road Highway 407 and its share in a land-registry firm. This is an example of: A. Free trade B. Privatization C. Financial aid D. National policy 19 - ________ refers to the standards of moral behaviour. A. Legality B. Responsibility C. Ethics D. Integrity 20 - A Canadian government official has indicated that for a generous contribution to his re-election fund, he would ignore your firm's apparent violation of several anti-pollution laws. Which of the following "Ethics Check Questions" would you consider first? A. How much do you want? B. Is it fair? C. How will it make me feel about myself? D. Is it legal