Question 11 pts

The view of proponents of Corporate Social Responsibility is that Milton Freidman is correct that the true moral responsibility of business is to increase profits for the stockholders within the rules of the game or the parameters of the law.

	True
	False

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Question 21 pts

Which of the following is an indication of market failure from an ethical perspective?

	Certain public goods, like clean water, utilities, and many add, healthcare, are not efficiently or universally provided by the free-market.
	Following free-market principles tends to lead to externalities such as pollution and the depletion of natural resources

	In various cases, the individual pursuit of rational self-interest leads to consequences that are not advantageous or rational for society as a whole
	All of the others

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Question 31 pts

The view of corporate social responsibility that emphasizes the importance of businesses to give back to society is called

	The philanthropic model of social responsibility
	The benefactor model of social responsibility

	The reputational gain model of social responsibility
	None of the others

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Question 41 pts

A model of ethical business management that emphasizes that thought should be paid to all who are affected a business policy is contrasted with the stockholder view, which emphasizes the importance of acting solely on the interest of the stockholders. This view is called a stakeholder model of corporate social responsibility.

	True
	False

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Question 51 pts

The narrower view of stakeholder theory argues that which should include which of the following interest groups in ethical business decision-making:

	Both of the others
	Neither of the others

	Employees and customers
	Stockholders and managers

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Question 61 pts

A criticism of stakeholder theory is that

	Since the stakeholder theory is so vague and doesnt prioritize stakeholders, it offers little concrete aid in ethical decision making.
	The utilitarian principle already requires that we consider the effects of our decisions in business on all those affected. So it doesnt gain us a more robust ethical theory than we already had.

	In fact, the law requires that the interests of employees, stockholders, management, and customers be accounted for. So its not correct to indicate that the stakeholder theory (which requires following the law) has not place for these concerns
	All of the others

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Question 71 pts

A typical reason for creating an ethical business culture is

	All the others
	It helps ensure that a company avoids legal trouble

	It often improves sustainability
	It helps compensate for insufficiencies in the law

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Question 81 pts

The United States Sentencing Commission (USCC) has noted that corporate culture requires ethics compliance programs

	True
	False

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Question 91 pts

Which of the following is not one of the mechanisms encouraged by the USCC as a minimal requirement for ethics programs

	Creation of counseling programs for employee mental health
	Responding promptly and appropriately to violations in compliance and ethics code

	Creating an incentive and disincentive program for complying with the compliance and ethics codes
	Communicating the compliance and ethics code to employees and other appropriate actors

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Question 101 pts

In line with views that emphasize the importance of corporate culture, ethical companies need to find ways to promote, shape and allow ethical decision making

	True
	False