IVERSITY INSTITUTE OF ACCOUNTS, BUSINESS AND FINANCE Business Administration Department MIDTERM DEPARTMENTAL EXAMINATION Term: 1st Semester Subject Code: MGT1112 Description: Good Governance & Social Responsibility No. of Points: 50 SY: 2022 - 2023 C. Choose the least of all evils D. Choose what you think is best Chris's contract. Such unethical action is called 36. Manny performed poorly in the job. As per company policies, he can be terminated A. Immoral philosophy accordingly. Manny pleads to give him one B. Professional jealousy C. Illegal dismissal more chance because he has a son in D. Prejudice college that he needs to support, and a wife that has just been recently terminated from 41. HR receives the resignation letter of Dennis, the job as well due to poor health. What even if they know for a fact that he will be redundated already from work. As such, he should the company do as the best course of action? should have been entitled for a separation fee. However, since Dennis resigned, he A. Be a good Christian, forgive him and won't be entitled for such anymore. HR isn't give him one more chance aware of the future decision that will be B. Give him one more chance as it is the handed to him, and HR kept quiet about it. most ethical thing to do A. It's okay since HR has its own cost C. Terminate him so that it does not set a savings targets also precedent . It's okay because Dennis resigned D. Terminate him and give him a willingly without coercion or outside separation fee influence 37. The fact that the welfare of buyers and end C. HR should have informed him because users is more important than the sale is an it is his right to be informed and make ethical concept of the right decision 55 A. Consumerism D. HR should have informed him because B. Marketing strategy it is stated so in the law C. Pricing strategy 42. In making business decisions, it is but D. Business ethics ethical to always come up with_ _ in order 38. Nokia released a commercial featuring their to arrive with the most optimal decision then Nokia Lumina where they had Apple A. Alternative courses of action and Samsung fighting during a wedding B. Ethical courses of action ceremony. In the end the ad says, "Don't C. Strategic courses of action fight; choose Nokia." D. Most beneficial courses of action A. This is ethical because it's a marketing 13. Southwest Airlines encourages people to be strategy creative to enhance their customer service B. This is ethical because no laws have experience. They are very stringent and been violated, nor did they deface any when it comes to their hiring process brand A. This is unethical because it creates C. It is unethical because they could have untoward bias towards applicants shown the commercial without the other B. This is unethical because their strategy brands is very exclusive (not inclusive) D. It is unethical because it puts C. This is ethical because they get to consumers in a negative light preserve their culture 39. Mergers and acquisitions are dangerous D. This is ethical because it is their inherit because they pose a threat to the right to hire who they want employment of people as no one is safe. 44. Executive pay can be a subject of so many However, stakeholders and leaders are unethical practices. One way of making seeing the ups of this deal after a careful sure that these aren't abused is to_ that cost benefit analysis. This philosophy may pertain to systems and process of the usage be attributed to: of their benefit. A. Business ethics and strategy A. Create check and balances B. Procedural justice B. Create company policies . Interactional justice C. Enforce transparency D. Distributive justice D Enforce strict implementation of 40. Chris is doing well as a teacher. He is well company policies loved by his students so much so that the 45. The Asian workforce today is starting to age students of veteran teacher, Gigi, are liking since the younger generation aren't staying him more than her now. Gigi feels longer in the jobs. Hence those who want threatened, and as a result decides to end to retire cannot retire as a consequence. As Page | 5FAR EASTERN UNIVERSITY INSTITUTE OF ACCOUNTS, BUSINESS AND FINANCE Business Administration Department MIDTERM DEPARTMENTAL EXAMINATION Subject Code: MGT1112 Description: Good Governance & Social Responsibility No. of Points: 50 Term: 1st Semester SY: 2022 - 2023 Multiple Choice. Shade the letter of your choice on your scantron sheet. 1. It examines ethical/moral principles that can 7. In the ethical decision- making process the arise in business environment. first step is? Social responsibility A. to recognize an ethical decision or an B. Ethics ethical issue Business Ethics B. determine the facts of the situation D. Economics C. consider all the people affected 2. Part of the ethical dilemma of business D. consider the available alternatives leaders when facing dire financial 8. The scope of business ethics in any constraints would be to cut down on costs. organization all begins with As such, the most common knee jerk A. Ethical leadership reaction is to: 3. Ethical behavior of employees A. Cut down on all fixed costs Ethics of the industry B. Cut down on labor costs D. Ethics of organizational culture C. Cut down on representation expenses 9. At some point Tommy Hilfiger was accused D. Cut down on administrative expenses of racial discrimination as the company 3. The group of Pink-Black steal money, gold refused to sell to Asians and colored people and goods from the rich family. After They only wanted to cater to Caucasians stealing, the group donate everything to a and rich European people. In contrast, poor community. Their action is considered Uniqlo created a hijab for Muslim women so as what and what principle can be used? they have something to wear that was A. Good/for the majority comfortable and fashionable at the same B. Evil/ but justifiable time. This strategy of Uniqlo is called: Good action with a good intention A . Exclusivity D. Bad/The end does not justify the means Marketing management James is working in a financial investment Inclusivity firm that caters to stock brokers. Prior to the D Brand management release of data to the trading floor, James 10. Johan Boy is restrained by the law enforcer, has complete access to it. He gives but he still presumed innocent until proven information to his friend Anthony who guilty. Johan Boy has the right to a lawyer. happens to be a doctor, and his neighbor at What right is this? home. This gives Anthony an advantage to . Ethical rights park and move his financial assets. James B. Judicial rights is guilty of what? C. Legal rights . Insider trading D. Human rights B. Parking 11. Robinhood is a popular fictional character C. Illegal trading due to his concern to the poor people and D. Conflict of interest his hatred to those people who oppressed 5. Cardo is the president of the biggest them. He stole money from the rich to give company in the Philippines. During it to the poor. He justifies his action by pandemic Cardo decides to close some of believing in the concept of "the greatest his branch so that his company will survive. good for the greatest number" what does His decision is an example of what? the concept refer to? A. Ethical decision making A. Marxism B. Stakeholder's decision making B. Pragmatism C. Business decision making Utilitarianism D. Practical decision making D. Totalitarianism 6. In order for companies to clearly define the 12. Ethical business decision making can be ethical behavior of employees, it would be influenced by the possible effects of a circumstance. This may be referred to as: best to have: A. Ethical intensity A. Company orientations Seminars on ethical behaviors B. Individual factors B. Send out a memo to everyone C. Organizational factors Opportunity Create company policies Page | 2FAR EASTERN UNIVERSITY INSTITUTE OF ACCOUNTS, BUSINESS AND FINANCE Business Administration Department MIDTERM DEPARTMENTAL EXAMINATION Term: 1" Semester Subject Code: MGT1112 Description: Good Governance & Social Responsibility |No. of Points: 50 SY: 2022 - 2023 13. The i-Phone is considered to be a first mover in the industry, forcing different B. Economic value orientation companies to follow suit of what they are C. Instrumentalists doing. They are able to dictate what they D. Hedonism want to happen in the smart phone industry. 19. Paula is an HR manager who is about to and as such creating a strong influence in terminate a non-performing security guard the market. Their strong influence to create who happens to be 55 years old. Lately he alternate ethical actions may be referred to has been very incompetent with his job and as in spite of many and constant coaching and A. Optimal choice dialogue sessions, he cannot do his job Contextual facts well. She has no choice but to terminate the C. Competitive advantage person. However given the circumstances D. Strategic advantage of an on going pandemic and his age, he will 14. Why is it considered to be unethical if the most likely be unemployed. She is executives of a company are getting way undergoing a moral dilemma. This may be similar to an obligation theory called: too much perks and bonuses? A. Teleology A. Because it is not part of the strategies B. Deontology of the company C. Relativist perspective B. It is unfair because others are working D. Ethics hard too 20. One way of inciting motivation from people C. The gap between the top and bottom is using negative reinforcement, thinking ranks are too distant that it is the right and prerogative of D. It creates a negative impression in the management to do so, This approach is company referred to ass 15. Mad is an employee of XYZ company, who A. Stage of social system leaked their financial status. He states that B. Stage of individual instrument their company is avoiding paying their Stage of punishment and obedience taxes. This act is an example of? Stage of prior rights A. Fraud 21. Another term for corporate culture is B. Whistle blowing A Corporate best practices C. Tax evasion B. Corporate strategies D. Monitoring Corporate VMV (vision, mission and 16. Piracy is a common occurrence in the values) corporate arena. However, it becomes a D. Corporate DNA major ethics issue when 22. The of corporate credo A. The war for talent should not prescribe articulates the fundamental principles that should guide all decisions, without to piracy B. The war for talent should always be abridgment, in order to achieve all about ethics objectives. C. The war for talent should be left with HR A. Vision professionals B. Mission C. Core values D. The war for talent should not be all D. Code of conduct about financial returns 23, Living wage is concerned with the minimum 17. The following actions are guidelines to wage given to employees to address their identify specific arts of an organization that can serve as due diligence in preventing A Basic human needs crime and the minimal requirements for an B. Human rights effective compliance and ethics program, C. Labor rights except D. Right of suffrage . Standards and procedure 24. The VP for finance of a certain bank that has B. Communication and training recently declared an IPO (initial public C. Culture and ethics offering) in the stock market tells everyone D. Disciplinary actions to start investing. He guarantees them with 18. This moral philosophy is ofteritimes returns that are beyond measure given the associated with values as quantified by economic stature. Six months later, after money the national elections, stocks fall, the A. Realism Page | 3FAR EASTERN UNIVERSITY INSTITUTE OF ACCOUNTS, BUSINESS AND FINANCE Business Administration Department MIDTERM DEPARTMENTAL EXAMINATION HADsettled: Good Governance & Social Responsibility |No. of Points: 50 SY: 2022 - 2023 mrartists of the people are test Is the organizing the leagues ever since. He has been recently heard that he told everyone You to should not be giving out vital else that Neyo has been of no help at all whatsoever with anything. Two weeks later Is ho and guarantee the an announcement was made, and that Francis wants to run for the community's No it's not his fault that the stocks fell president for unit owners, Such practice of D No it's the people who invested personal ethics is called 8 8 Wastage particularly with the Japanese A Realism awwout should always be considered in B. Egoism over to cut down on losses and then Deontology D. Virtue ethics A Profit 31. HR is under pressure to hire a candidate that has been referred by the boss. Under Sties their analysis, the said candidate failed the interview. If they let him pass in the Fries in antest is a moral philosophy interview, they will risk the fact of hiring an because essentially it is Incompetent person. If they don't they might earn the ire of their boss. What is the Based on values best thing to do? Hire someone else and explain to the Communal boss that his referral wasn't a good fit Ethics it order to be understood universally B. Hire someone else and explain to the fundamentally answers the question of boss that there are certain standard's A. Why should I do it? that the company adheres to 5. What should be done? C. Hire the boss's referral and train him Should you be doing it? well in order for him to fit the job D. What can be done? D. Hire the boss's referral and then put him 28 An employee signs a contract that prohibits under careful watch and scrutiny. him from transferring to a known competitor 32. When Starbucks started to put codes in the for the next 2 years in the event that he/she usage of their CR's suddenly they were resigns from work. This is _because unethical because A. It was expensive to use their facilities A Unethical because you cannot control B. It's against human rights the rights of employees C. It's against international corporate B. Unethical because each person can policy work where he chooses to do so D. It's contradictory to their business Ethical because there is such a thing statements called "non-compete clause" 33, No matter the circumstance, the make Ethical because it is the right of each up for whether your decision is ethical or not company to suppress the employee A Context facts from resigning B. Evaluation and intention 29. Evaluates ethicalness subjectively on the C. Ethical principles basis of individual and group experiences D. Code of conduct A Relativist $4. The practice of business ethics puts us in B. Virtue ethics check with the proper mindset of C. Deontology we try to position the company against D. Egoism competitors in the industry 10. Blue and White Residences is a A Competitive advantage condominium corporation that houses 4 B War for talent towers, and more than 5:000 household C. Marketing strategies members. Since 2015, Neyo has been the D. Company policies community's sole servant leader and acting $5. As managers and business leaders, We are commissioner of the basketball league faced with this dilemma damned if you do Francis, one of the community members, damned if you don't What do you dot declares to everyone who is playing A Choose the popular deciskit basketball in their court that he has been B. Choose what is the majority decision Page | 4