Assessment Questions
- A. the stakeholder’s responsibility
- B. an ethical minimum
- C. an ethical maximum
- D. a social contract
correct answer
D
correct answer
False. Amenities are additional resources made available to employees above and beyond wages, salary, or other standard benefits or obligations.
correct answer
Regardless of the company or brand selected, responses should include some of the following: customers, clients, employees, shareholders, communities, government, media, and possibly the environment and other abstract concepts that represent resources or concerns of many people.
correct answer
The high-power, high-interest quadrant is most important because it represents stakeholders who both are highly interested in their relationship with the firm and have a high level of power or influence in the relationship.
- A. build trust, identify stakeholders, prioritize claims, visualize changes, and perform triage
- B. build trust, identify stakeholders, gather and analyze data, present results, make changes, and prepare a communication strategy
- C. build trust, identify stakeholders, gather and analyze data, present findings to management, and communicate key messages to stakeholders conveying the company’s appreciation of them
- D. identify stakeholders, gather and analyze data, make changes, and present results
correct answer
C
correct answer
True
correct answer
The three components are people, profit, and planet.
correct answer
The California Act requires businesses that operate in California to describe for consumers all components and activities of their supply chains.
correct answer
True
- A. investors who seek quick profit
- B. investors who seek long-term returns
- C. investors who value CSR in companies
- D. marketing promotions of each of its members
correct answer
C
Citation/Attribution
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Access for free at https://openstax.org/books/business-ethics/pages/1-introduction
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Citation information
- Use the information below to generate a citation. We recommend using a citation tool such as this one.
- Authors: Stephen M. Byars, Kurt Stanberry
- Publisher/website: OpenStax
- Book title: Business Ethics
- Publication date: Sep 24, 2018
- Location: Houston, Texas
- Book URL: https://openstax.org/books/business-ethics/pages/1-introduction
- Section URL: https://openstax.org/books/business-ethics/pages/1-introduction
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