NU MGT400 Final Exam 2015

Name: NU MGT400 Final Exam 2015
Brand: University of Southern Mississippi
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Author: Henry Martinez

Final exam for a management course.

Henry Martinez

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NU MGT400 final exam 2015
QUESTION 1
Which of the following is a possible unintended consequence of an organization's focusing more
on ethics planning that on implementation?
Unethical conduct is viewed as acceptable behavior.
The government implements its own audits.
The ethics program is poorly designed
Employees become annoyed.
The implementation process incurs large costs for the organization.
1 points
QUESTION 2
A(n) _________ is a tool that companies can employ to indentify and measure their ethical
commitment to stakeholders.
Ethical audits
Social audits
Financial Audits
Performance Audits
External Audits
2 points
QUESTION 3
Increasing the wealth gap between nations and misusing and misallocating scarce resources are
ethical issue accusations related to
Cultural differences
multinational corporations
consumerism
legal difference
international negotiations
2 points
QUESTION 4
In ascending Order, Caroll's four levels of social responsibility are:
ethical, legal, economic, philanthropic
economic, ethical, philanthropic, legal
economic, legal, ethical, philanthropic

legal, ethical, economic, philanthropic
ethical, legal, moral, economic
2 points
QUESTION 5
Which ISO guideline pertains to environmental regulation standards and was designed to help
reduce a firm's pollution, waster and carbon footprint?
ISO 3000
ISO 2000
ISO 265000
ISO 26000
!SO 14000
2 points
QUESTION 6
The term used to express how a firm meets its stakeholder exprectations of its economic, legal,
ethical and philanthropic responsibilities is:
reputation
corporate citizenship
corporate ethical audit
ethical citizenship
fiduciary duties
2 points
QUESTION 7
Which economist espoused a kind of Darwinian or "wild west" version of capitalism?
Adam Smithy
Theodore Levitt
Norman Bowie
Herman Miller
Milton Friedman
2 points
QUESTION 8
What type of fraudulent activity could involve a comsumer staging an accident to seek damages?
Whacking
Duplicity
Guile
Defamation
Collusion

2 points
QUESTION 9
Prior to the 2008 financial meltdown, bond ratings agencies were accused of having _____
because they were paid by the organizations that they rated. The organizations would shop
around for the agency that gave them the best rating.
high ethical standards
excessively complicated systems
a hostile workplace
conflicts of interest
a good business model
2 points
QUESTION 10
_____ are used to obtain or retain business and are not generally considered illegal in the U.S.
Facilitation payments
Bribes
Gifts
Coercive techniques
Threats
2 points
QUESTION 11
Which of the following is not a step in the ethics auditing process?
Secure commitment of top executives and directors.
Review organizational mission, goals, values and policies, and define ethical priorities.
Report the results to the U.S. Sentencing Commission.
Collect and analyze relevant information.
verify the result.
2 points
QUESTION 12
The word _____ implies a balanced organization that makes ethical financial decisions and also
is ethical in more subjective matters of corporate culture.
compliance
integrity
financial management
corporate culture
transparency
2 points

QUESTION 13
Which of the following is not a measure of ethical climate?
Collective skill
Collective ethical sensitivity
Collective judgment
Collective character
Collective moral motivation
2 points
QUESTION 14
During which step of the auditing process should a firm examine all documents that make
explicit commitments to ethical, legal, or social responsibility?
Secure commitment of top managers and directors.
Establish a committee to oversee the audit.
Define the scope of the audit process
Review organizational mission, goals, values, and policies.
verify the results.
2 points
QUESTION 15
A(n) _____ is a financial accounting firm that offers social auditing services or a nonprofit
special interest group with auditing experience that verifies the results of ethics auditing data
analysis
stakeholder
ethics audit consultant
best practices expert
financial consultant
board of directors
2 points
QUESTION 16
_____ is a term used by Adam Smith to explain the inherent mechanisms at work in free market
systems that keep commerce in equilibrium. It is also known as the “invisible hand
Consumerism
Cultural relativism
Social Democracy
Laissez-fair
Bimmodal wealth distribution
2 points

QUESTION 17
______ assumes that humans may not act rationally because of genetics, learned behavior, and
rules of thumb.
Rational economics
Socialism
Cultural relativisim
National culture
Behavioral economics
2 points
QUESTION 18
Which of the following is not a criticism of or charge against multinational corporations
(MNCs)?
They transfer jobs overseas, where wage rates are lower
They increase the gap between rich and poor nations
They pay excessively high taxes everywhere
They exploit the labor markets of host countries
They have an unfair advantage when competing with local businesses
2 points
QUESTION 19
Which of the following is a measure taken by governments to curtail MNC practices that create
ethical issues?
Levying import taxes to lower the prices MNCs charge for their products
Halting the establishment of minimum wage laws
Avoiding the United Nations' monitoring efforts
Preventing the formation of labor unions
Imposing export taxes to force MNCs to share more of their profits
2 points
QUESTION 20
An unconscious reference to one's own cultural values, experiences, and knowledge is referred to
as the
cultural reference criterion
unconscious cultural criterion
cultural-self criterion
self-reference criterion
unconscious cultural-self criterion
3 points

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Business Management

NU MGT400 Final Exam 2015

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