True or False 1) The economic, legal, ethical, and philanthropic responsibilities that comprise Carroll’s social responsibility pyramid apply only to organizations.( ) 2) Attitudes about ethical behaviors and practices are universal across cultures.( ) 3) Ethics are principles of right and wrong that influence behavior.( ) 4) A situation in which people have to decide whether to pursue an action that may benefit them or their organization but which is unethical or illegal is called double jeopardy.( ) 5) Illegal use of private company information to further one’s own fortunes or those of family and friends is called backroom dealing.( ) 6) Enhancing your personal wealth through insider trading may be unethical, but it is not illegal. ( ) 7) Signing the MBA oath is required of every U.S. student upon completion of graduate study in business.( ) 8) Written standards guiding employees on appropriate ways to treat stakeholders and prohibiting conflicts of interest are called a code of ethics.( ) 9) Compliance-based ethics codes enable responsible employee conduct mainly by creating a supportive environment for such behavior.( ) 10) Companies that prevent employee criminal misconduct through control and punishment often utilize compliance-based ethics codes.( ) 11) Marcia is the ethics officer at her company. Her job is to ensure that values initiatives and compliance activities take precedence in the company’s decision-making processes.( ) 12) A whistleblower who reports misconduct to authorities is someone within the offending organization.( ) 13) An arrangement in which cash from newer investors is used to pay off older investors is called multilevel marketing.( ) 14) Under the Sarbanes-Oxley Act of 2002, whistleblowers are protected from retaliation by their employers.( ) 15) Only large corporations should be concerned with practicing social responsibility.( ) 16) A company cannot succeed by doing social good.( ) 17) Blended value measures the outcome of all business investments in both economic and social realms.( ) 18) A systematic assessment of a company’s performance in implementing socially responsible programs is called a blended value audit.( ) 19) The positions a company takes on political and social issues are documented in its code of ethics.( ) 20) Cause-related marketing involves a partnership between a business and a nonprofit organization.( ) 21) Social entrepreneurship is limited to the nonprofit sector.( ) 22) Sustainability focuses on both the present and the future.( ) 23) Illegal behavior can impact a company’s profits.( ) 24) Business ethics do not impact investor behavior.( ) 25) Stockholders who resent a company’s social responsibility activities are logically focused on maximizing their profits.( ) 26) Sweatshops do not exist in the United States.( ) 27) Participating in community activities offers no marketing or promotional value for a business.( ) 28) The Global Compact promoting social and environmental practices for business was established by the United Nations.( ) 29) Global climate change has no impact on economic development.( ) 30) Members of the Millennial generation are generally passive and uninvolved in social issues.( )

True or False
1) The economic, legal, ethical, and philanthropic responsibilities that comprise Carroll's social responsibility pyramid apply only to organizations.( )

2) Attitudes about ethical behaviors and practices are universal across cultures.( )

3) Ethics are principles of right and wrong that influence behavior.( )

4) A situation in which people have to decide whether to pursue an action that may benefit them or their organization but which is unethical or illegal is called double jeopardy.( )

5) Illegal use of private company information to further one's own fortunes or those of family and friends is called backroom dealing.( )

6) Enhancing your personal wealth through insider trading may be unethical, but it is not illegal.
( )

7) Signing the MBA oath is required of every U.S. student upon completion of graduate study in business.( )

8) Written standards guiding employees on appropriate ways to treat stakeholders and prohibiting conflicts of interest are called a code of ethics.( )

9) Compliance-based ethics codes enable responsible employee conduct mainly by creating a supportive environment for such behavior.( )

10) Companies that prevent employee criminal misconduct through control and punishment often utilize compliance-based ethics codes.( )

11) Marcia is the ethics officer at her company. Her job is to ensure that values initiatives and compliance activities take precedence in the company's decision-making processes.( )

12) A whistleblower who reports misconduct to authorities is someone within the offending organization.( )

13) An arrangement in which cash from newer investors is used to pay off older investors is called multilevel marketing.( )

14) Under the Sarbanes-Oxley Act of 2002, whistleblowers are protected from retaliation by their employers.( )

15) Only large corporations should be concerned with practicing social responsibility.( )

16) A company cannot succeed by doing social good.( )
17) Blended value measures the outcome of all business investments in both economic and social realms.( )

18) A systematic assessment of a company's performance in implementing socially responsible programs is called a blended value audit.( )

19) The positions a company takes on political and social issues are documented in its code of ethics.( )

20) Cause-related marketing involves a partnership between a business and a nonprofit organization.( )

21) Social entrepreneurship is limited to the nonprofit sector.( )

22) Sustainability focuses on both the present and the future.( )

23) Illegal behavior can impact a company's profits.( )

24) Business ethics do not impact investor behavior.( )

25) Stockholders who resent a company's social responsibility activities are logically focused on maximizing their profits.( )

26) Sweatshops do not exist in the United States.( )

27) Participating in community activities offers no marketing or promotional value for a business.( )

28) The Global Compact promoting social and environmental practices for business was established by the United Nations.( )

29) Global climate change has no impact on economic development.( )
30) Members of the Millennial generation are generally passive and uninvolved in social issues.( )

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