47. Firms have routinely turned down work to individuals with little education or vocational training and a long history of unemployment. These people are known as a. under-employed b. college students c. children. d. hard-core unemployed. 48. Glenn bought a ladder at the local hardware store. He took it home and read the instructions then set it up by following the instructions and the diagrams on the ladder itself. The ladder had been tested by the manufacturer for quality and reliability. He used it several times over the next year, becoming more comfortable with using it each time. The last time he used it, he was painting the eves of his house and, while stretching to reach a comer, the brace on the ladder gave way causing him to fall to the ground and break his leg, Which of the basic consumer rights was violated by the ladder company? a. The right to safety b. The right to be informed c. The right to choose d. The right to be heard 46. Proponents of the socioeconomic model of social responsibility make all of the following arguments to support their position except a. by being social responsible the company will make more money. b. being socially responsible is important because the business has the technical, financial, and managerial resources needed to tackle today's complex social issues. c. by helping resolve social issues, businesses can create a more stable environment for long-term profitability d. socially responsible decision making by firms can prevent increased government interventions, which would force businesses to do what they fail to do voluntarily. d. monetary policies 44. Starbucks investigates coffee bean growing regions and before it contracts to buy the beans from local growers, sets up clinics to inoculate residents from diseases in the area, provides sources of clean water for the villages, and otherwise works to improve the standard of living for the residents. This is an example of the company acting on its perception of its a. social responsibility. b. personal responsibility c. way to improve profits. d. need for better public relations. 45. Jack, president of a national stationery store, believes that the business has a responsibility not only to stockholders but also to customers, employees, suppliers, and the general public. Jack subscribe to the of social responsibility a. personal model b. economic model C. socioeconomic model d. stakeholder model 42. The company you work for recently has committed itself to implementing a program of social responsibility. After the company has gotten the commitment of top executives, planned the program, and appointed a program director, you suggest that a(n) be prepared periodically to evaluate the success of the program a, research report b. social audit c. ethics evaluation d. departmental memorandum 43. Copley Pharmaceutical, Inc. recently pled guilty to federal criminal charges for falsifying drug manufacturers' reports to the Food and Drug Administration. This is an example of a company that failed to exercise proper a laissez-faire. b. recordkeeping c. business ethics d. monetary policies. U. DIBUK GROTE 40. Drew is in charge of writing a report for his company that talks about the quality and safety of his company's products, business practices, involvement in the community, human resources, and efforts to reduce pollution. This is called a(n) a. ethics report. b. social audit. c. compliance review. d. citizenship report 41. A social audit is a a review of the costs of operating a social program. b. report of what a business has done and is doing about social issues. C. review of a tax statement by the Internal Revenue Service. d. report filed by social sector accountants
