1-The primary objective of ___________ is to enhance society's well-being through its philosophies, policies, procedures, and actions.

a)social audits

b)sustainability

c)corporate social responsibility

d)code of conduct

2-A product or package that can be processed and returned to use in the form of raw materials or products

a)recyclable.

b)refillable.

c)compostable.

d)degradable.

3-Business ethics refers to standards of conduct and moral values applied in business decision making.

True

False

4-A marketing strategy that promotes environmentally safe products and production methods

a)green marketing.

b)sustainability.

c)consumerism.

d)recycling.

5- John spent at least an hour a day surfing the Internet at work. He justified his behaviour by noting that "everyone's doing it". This type of behaviour is

a)inappropriate only if he visits certain kinds of websites at work, such as pornography or gambling.

b)inappropriate, unprofessional, and probably unethical.

c)appropriate as long as he isn't the only one doing it.

d)expected by management, as long as John gets his regular work done.

6-A firm's ability to behave ethically depends upon

a)the ethical values of the firm's executives.

b)the ethical values of the firm's employees.

c)a climate within the organization that promotes ethical conduct

d)all of the choices are correct.

7-Exchange rate changes have no effect on competitive advantage.

True

False

8-Canada has treaties and signed agreements that outline the expected conduct of business professionals when conducting business globally.

True

False

9-Which of the following is a social or cultural difference between countries?

a)language

b)values

c)both A and B

d)neither A nor B

10- ________ occurs when there is a drop in a currency's value relative to other currencies or a fixed standard.

a)Exchange rate

b)Devaluation

c)Payment deficit

d)Imbalance of payments