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CHAPTER 1: INTRODUCTION & THEORETICAL FOUNDATIONS/ IMPORTANCE OF ETHICS FOR MANAGERS
(Week 1)
TRUE/FALSE
1. Stockholders are individuals, companies, groups, and nations that cause and respond to external issues, opportunities, and threats.
2. A first step toward understanding stakeholder issues is to gain an understanding of environment forces that influence issues and stakes of different groups.
3. Demographically, the workforce has become more homogeneous.
4. For business leaders and managers, managing ethically also means managing with integrity.
5. Ethical and moral issues in business can be examined from three levels: individual, group, and organizational level.
6. Ethics is a personal, individual affair, not a public or debatable matter.
7. Business is a human activity and as such can be evaluated from a moral perspective.
8. Good business means good ethics is a myth.
9. The primary stakeholders of a firm include its owners, suppliers, employees, customers, and competitors.
10. Organizations take voluntary steps to uphold moral responsibilities to their stakeholders.
11. Stakeholder analysis applies to both internal and external events.
12. To effectively deal with a crisis, the solution must represent cross-departmental involvement.
MULTIPLE CHOICE
1. ____ are individuals, companies, groups, and nations that cause and respond to external issues, opportunities, and threats.
a.
Ethicists
b.
Stakeholders
c.
Environmental forces
d.
Stockholders
2. Which of the following is not a macro level environmental force?
a.
Technological
b.
Economic
c.
Governmental/regulatory
d.
Industry
3. Which of the following environmental dimensions continues to evolve into a more global context of trade, markets, and resource flows?
a.
Political
b.
Technological
c.
Economic
d.
Governmental/regulatory
4. Terrorism and the fall of the
(Week 1)
TRUE/FALSE
1. Stockholders are individuals, companies, groups, and nations that cause and respond to external issues, opportunities, and threats.
2. A first step toward understanding stakeholder issues is to gain an understanding of environment forces that influence issues and stakes of different groups.
3. Demographically, the workforce has become more homogeneous.
4. For business leaders and managers, managing ethically also means managing with integrity.
5. Ethical and moral issues in business can be examined from three levels: individual, group, and organizational level.
6. Ethics is a personal, individual affair, not a public or debatable matter.
7. Business is a human activity and as such can be evaluated from a moral perspective.
8. Good business means good ethics is a myth.
9. The primary stakeholders of a firm include its owners, suppliers, employees, customers, and competitors.
10. Organizations take voluntary steps to uphold moral responsibilities to their stakeholders.
11. Stakeholder analysis applies to both internal and external events.
12. To effectively deal with a crisis, the solution must represent cross-departmental involvement.
MULTIPLE CHOICE
1. ____ are individuals, companies, groups, and nations that cause and respond to external issues, opportunities, and threats.
a.
Ethicists
b.
Stakeholders
c.
Environmental forces
d.
Stockholders
2. Which of the following is not a macro level environmental force?
a.
Technological
b.
Economic
c.
Governmental/regulatory
d.
Industry
3. Which of the following environmental dimensions continues to evolve into a more global context of trade, markets, and resource flows?
a.
Political
b.
Technological
c.
Economic
d.
Governmental/regulatory
4. Terrorism and the fall of the