QUESTION 1Important stakeholders in corporations include the government and the community.TrueFalse1 pointsQUESTION 2Companies can incorporate as benefit corporations without getting B Lab certification.TrueFalse1 pointsQUESTION 3Only about 20 percent of U.S. adults reach the postconventional stage of moral development.TrueFalse1 pointsQUESTION 4The global supply chain has made issues related to corporate social responsibility more challenging,TrueFalse1 pointsQUESTION 5The moral agent is the individual who must make an ethical choice in an organization.TrueFalse1 pointsQUESTION 6The _________ approach holds that moral decisions must be based on standards of equity, fairness, and impartiality.a. individualismb. social responsibilityc. justiced. practicale. moral rights1 pointsQUESTION 7When the USS Indianapolis sank after being torpedoed, one Navy pilot disobeyed orders and risked his life to save men who were being picked off by sharks. The Navy pilot was operating from the __________ level of moral development.a. preconventionalb. postconventionalc. lowestd. conventionale. conservative1 pointsQUESTION 8Principle-based statements are designed to affect_____ as policy-based statements are procedures to be used in _____.a. political gifts; equal opportunitiesb. observance of laws; proprietary informationc. corporate culture; specific ethical situationsd. specific situations; corporate culturee. marketing practices; conflicts of interest1 pointsQUESTION 9Researchers have generally found a(n) _____ relationship between ethical and socially responsible behavior and a firm’s financial performance.a. positiveb. inconsequentialc. unimportantd. insignificante. negative1 pointsQUESTION 10__________ means that managers are honest and trustworthy, fair in their dealings with employees and customers, and behave ethically in both their personal and professional lives.a. Ethical leadershipb. Concern-for-production leadershipc. Followershipd. Corporate espionagee. Command-and-control leadership1 pointsQUESTION 11Which behavior or outcome is particularly important to someone operating at the conventional level of personal moral development?a. Avoiding getting firedb. Meeting social and interpersonal obligationsc. Empowering subordinatesd. Acting on the basis of internal valuese. Being an autocratic leader1 pointsQUESTION 12Commercial advertising campaigns often seek to spin information on products. For example, a car manufacturer might say a particular car it manufactures was ranked as the most innovative new vehicle. The details of the survey that it was conducted at a shareholder meeting and only vehicles it manufactures were included in the survey are quickly flashed in very small print at the bottom of the screen. The decision to deliberately obscure potentially important information is best described as being in which domain?a. Obstructive domainb. Domain of responsibilityc. Legal domaind. Ethical domaine. Protective domain1 pointsQUESTION 13B Lab Certification is _____.a. voluntary but desirableb. administered by the IRSc. a legal frameworkd. required for all B corporationse. considered important only for nonprofit organizations1 pointsQUESTION 14When everyone is pursuing self-direction, the greater good is ultimately served because people learn to accommodate each other in their own long-term interest. This is an example of reasoning associated with the _____ approach.a. utilitarianb. individualismc. justiced. moral justicee. social responsibility1 pointsQUESTION 15Which group is charged with making rulings on questionable issues of right and wrong and assumes responsibility for disciplining wrongdoers?a. The culture committeeb. The political correctness committeec. The ethics committeed. The human resources committeee. The disciplinary committee