BUSA 1105 Chapter II Test Questions and Answers 100% Correct
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Course
BUSA 1105
Institution
BUSA 1105
BUSA 1105 Chapter II Test Questions and Answers 100% Correct
Experts believe that prison terms, heavy fines, and civil suits will ultimately put a damper on corporate misconduct. - Answer- False
Ethical challenges arise in business because organizations have multiple stakeholders and because...
BUSA 1105 Chapter II Test
Questions and Answers
100% Correct
Experts believe that prison terms, heavy fines, and civil suits will ultimately put a
damper on corporate misconduct. - Answer- False
Ethical challenges arise in business because organizations have multiple stakeholders
and because stakeholders make conflicting demands - Answer- True
A whistle-blower is an individual who exposes illegal or unethical behavior in an
organization. - Answer- True
When a business executive accepts a pair of sports tickets from a supplier, he is
succumbing to conflict of interest. - Answer- False
Topics such as the use of corporate funds and resources, conflict of interest, and the
protection of proprietary information are usually covered under the heading of corporate
social responsibility. - Answer- False
Fiduciary responsibility means that managers are responsible for safeguarding a
company's assets and handling its funds in a trustworthy manner. - Answer- True
Among the consumer rights cited by President John F. Kennedy in 1962 is the right to
safe products. - Answer- True
By law, employers must provide workers' compensation. - Answer- True
Pillows have labels identifying the materials used to make them because of President
John F. Kennedy's bill of consumer rights. - Answer- True
The Equal Pay Act of 1963 requires equal pay for all males hired for jobs that entail
equal skill, equal effort, equal responsibility, or similar working conditions. - Answer-
False
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