Question 1(3.5 points)

Which of the following statements about communicating with stakeholders is wrong, according to our text?

Question 1 options:

	It is by far the best policy to avoid communicating with stakeholders, regardless of the situation.
	It is a task of relatively low complexity as stakeholders tend to be quite homogeneous (very similar to one another in terms of perceptions and preferences)
	It might be improved by conducting a survey of stakeholders' access to different communication channels.
	It can be based on either an interest of the company to communicate with the stakeholder or the stakeholder to communicate with the company.

Question 2(3.5 points)

As discussed in the lecture, when analyzing decisions involving ethical dilemmas, it is best to look first at whether an action is profitable and then legal prior to determining whether it's ethical.

Question 2 options:

	True
	False

Question 3(3.5 points)

As discussed in our text, the main approaches to ethical reasoning can be divided into consequentialist and non-consequentialist ethics. Which of the following is a non-consequentialist approach?

Question 3 options:

	Rights
	Egoist
	Utilitarian
	Justice

Question 4(3.5 points)

Question 4 options:

	Shareholder
	Stockholder
	Managerial
	Value Chain

Question 5(3.5 points)

According to the lecture, improving the firm's reputation, pre-empting legal sanctions, managing risk and generating customer loyalty are all ________________ reasons why firms engage in CSR.

Question 5 options:

	Intrinsic
	Performance
	Extrinsic
	Stakeholder

Question 6(3.5 points)

Which of the following reasons why managers behave unethically, according to the lecture, is related to the values and norms that are shared among the employees of an organization?

Question 6 options:

	Personal ethics
	Unrealistic performance expectations
	Decision-making processes
	Leadership

Question 7(3.5 points)

As defined in our text, "responsible business" ...

Question 7 options:

	... is unrelated to "business ethics".
	... is the same thing as "sustainable development".
	... typical requires forfeiting profit.
	... assumes its responsibilities in social, environmental and economic dimensions.

Question 8(3.5 points)

Ethics and morality are basically the same thing and the terms can be used interchangeably.

Question 8 options:

	True
	False

Question 9(3.5 points)

In the context of stakeholder attributes, ________________ , discussed in the lecture, refers to the ability or capacity of a stakeholder to produce an effect.

Question 9 options:

	Power
	Agency
	None of the above
	Legitimacy
	Urgency

Question 10(3.5 points)

Our text defines ________________ as a concept whereby companies integrate social and environmental concerns in their business operations and in interactions with their stakeholderson a voluntary basis.

Question 10 options:

	corporate social responsibility
	sustainable business
	responsible business
	corporate citizenship

Question 11(3.5 points)

Recognition of the social impacts of business, i.e., human and labor rights, appeared in mainstream Western culture before environmental impacts, i.e., pollution.

Question 11 options:

	True
	False

Question 12(3.5 points)

The United Nations Sustainable Development Goals (SDGs) DO NOT include which of the following?

Question 12 options:

	Animal rights
	Gender equality and women's empowerment
	Sustainable consumption and production
	Climate change
	The UN's SDGs include all of these as areas of critical importance for humanity and the Planet.

Question 13(3.5 points)

The "triple bottom line" proposes that in order for an activity, such as business operations, to be considered sustainable three kinds of capital must be protected. Which of the following IS NOT one of them?

Question 13 options:

	Social capital
	Economic capital
	Intellectual capital
	Natural (environmental) capital

Question 14(3.5 points)

According to our text, "business ethics" ...

Question 14 options:

	... is the study of moral right or wrong decisions in a managerial context.
	... is the basis for responsible business.
	... in practice includes tools such as codes of ethics, ethics officers and ethics hotlines.
	... is described in terms of all of the above.

Question 15(3.5 points)

Which of the following statements is NOT TRUE, according to our text?

Question 15 options:

	One of the main activities in responsible business is stakeholder management.
	The four levels of Carroll's "pyramid of social responsibility include 1) economic, 2) legal, 3) ethical, and 4) discretionary / philanthropic.
	The Sustainable Governance Index (SGI) provides a blueprint for responsible / sustainable business.
	Sustainable development is the intended outcome to which sustainable business aims to contribute.

Question 16(3.5 points)

In his lecture, the PwC Global Leader for Strategy and Leadership outlined the ADAPT model which represented five urgent global issues facing the world today and their implications. For which of these five issues was the key implication "Increasing wealth disparity and the erosion of the middle class"?

Question 16 options:

	Trust
	Disruption
	Populism
	Asymmetry
	Age

Question 17(3.5 points)

Which of the following questions, according to the lecture, would be asked by someone seeking to applyUtilitarianismas an ethical standard for decision-making?

Question 17 options:

	How does this decision facilitate and/or complement the generally accepted conventions for social harmony and well-being?
	How does this decision promote the greatest amount of benefits for the greatest number of stakeholders?
	Is this decision fair to all, especially those who are the least advantaged and/or least represented?
	What respected human qualities are demonstrated in this decision (courage, self-control, goodness, compassion, loyalty, etc.)?

Question 18(3.5 points)

Ethical dilemmas, as defined in the lecture, are

Question 18 options:

	Situations in which none of the available alternatives seems ethically acceptable.
	Almost always the result of some moral deficiency on the part of the manager(s) involved.
	Increasingly rare in modern, multinational corporations.
	An inevitable outcome of establishing a formal code of ethics.

Question 19(3.5 points)

This image, from the lecture, represents a potential causal conncection between CSR and ________________.

Question 19 options:

	Profitability
	Stakeholders
	None of the above
	Strategy

Question 20(3.5 points)

Ethical relativismwas described in the lecture as aspirational behavior which makes actions ethical if they are consistent with the habitual development of sound character traits which include habits of thoughtful reflection and good intentions.

Question 20 options:

	True
	False