Question 1

Managers and employees today must be careful not to ignore,conceal,or disregard a pollution problem or they could

Accepted Answer

The answer of Managers and employees today must be careful...

Question 2

A document that discloses to shareholders information about a firm's labor practices,product sourcing,energy efficiency,environmental impact,and business ethics practices is known as

Accepted Answer

A sustainability report is a document that provides shareholders with information about a company's sustainability practices, including labor practices, product sourcing, energy efficiency, environmental impact, and business ethics. Sustainability reports are used to demonstrate a company's commitment to sustainability and their efforts to create a positive social and environmental impact.

Question 3

Japan is suffering from a decline in overall economical production

Accepted Answer

Japan is suffering from a decline in overall economical production because worker productivity increases are not able to offset declines in the number of workers. Japan has an aging population, and the workforce is shrinking rapidly. This means that there are fewer workers to produce goods and services, leading to an overall decline in production. Despite efforts to improve technology and worker productivity, these are not enough to make up for the decline in the number of workers.

Question 4

According to the text,the first social responsibility of any business is to

Accepted Answer

The text states that the first social responsibility of any business is to make enough profit to cover the costs of the future, because if this is not achieved then no other social responsibility can be met. Therefore, option A is the correct answer. Options B, C, and D are not mentioned in the text as the first social responsibility of a business.

Question 5

Wal-Mart encourages its employees to adopt "Personal Sustainability Projects" like weight-loss or smoking-cessation support groups,illustrating that

Accepted Answer

Wal-Mart's encouragement of "Personal Sustainability Projects" demonstrates that the company acknowledges the importance of employee wellness, which can be considered a component of sustainability. This aligns with the growing trend of companies recognizing the benefits of promoting employee health and well-being, which can result in increased productivity and reduced healthcare costs.

Question 6

Social policy can best be defined as

Accepted Answer

Social policy refers to the set of guidelines, principles, legislation, and activities that a government, an organization, or a society pursues to enhance social welfare and address social issues such as poverty, inequality, education, healthcare, employment, and social justice. Therefore, option A is the most correct answer as it captures the broad spectrum of responsibilities that firms have towards various stakeholders.

Question 7

What challenge facing all organizations requires managers to formulate strategies that preserve and conserve natural resources and control pollution?

Accepted Answer

Ecological challenge is the challenge facing all organizations that requires managers to formulate strategies that preserve and conserve natural resources and control pollution. This challenge is related to the impact of business activities on the environment and the need to develop sustainable practices.

Question 8

_______ has 18 buildings in California alone powered only by solar energy.

Accepted Answer

The answer of _______ has 18 buildings in California alone...

Question 9

The percentage of persons age 65 or older exceeds 20 percent in Japan,Italy,and

Accepted Answer

The question asks for countries where the percentage of persons age 65 or older exceeds 20 percent. While Japan and Italy do have such high percentages, Germany's percentage is just below 21% making it the best choice. The United States has a percentage of around 16%, France around 19%, and China around 11%. Therefore, only Germany matches the criteria mentioned in the question.

Question 10

General Electric plans to achieve $20 billion in sales by 2011 in eco-friendly technologies including all of the following except:

Accepted Answer

The answer of General Electric plans to achieve $20 billion...

Question 11

Venture capital investments in clean technology companies totaled $8.4 billion in 2008,_______ from 2007.

Accepted Answer

Venture capital investments in clean technology companies increased by 40% from 2007 to 2008.

Question 12

Which state generates the greatest number of megawatts of wind power?

Accepted Answer

Texas generates the greatest number of megawatts of wind power with a total capacity of 28,843 MW as of 2020. Iowa, the second highest, generates 10,626 MW.

Question 13

It is _______ for a business to provide a sustainability report annually to the public.

Accepted Answer

It is considered good business practice to provide a sustainability report annually to the public as it demonstrates transparency, accountability, and a commitment to sustainability.

Question 14

Firms should strive to engage in social activities that

Accepted Answer

Firms should engage in social activities that have economic benefits. This ensures that the firm is not only contributing to society but also improving its financial position through these activities. For example, a firm can engage in corporate social responsibility (CSR) activities that enhance its brand reputation, which can lead to increased customer loyalty and sales.

Question 15

According to Fortune magazine,which of the following was among the most admired companies for social responsibility in 2009?

Accepted Answer

None of the listed companies were among the most admired companies for social responsibility in 2009 according to Fortune magazine.

Question 16

Japan's prescription for dealing with problems associated with an aging society includes

Accepted Answer

The answer of Japan's prescription for dealing with problems associated...

Question 17

If a firm has a bad sustainability record this will

Accepted Answer

If a firm has a bad sustainability record, it is likely to face scrutiny from investors who are becoming increasingly concerned about environmental and social issues. Investors may want to avoid investing in companies that have unsustainable practices, causing the company's stock price to drop. In addition, negative publicity can harm a company's reputation, leading to decreased brand value and ultimately affecting its long-term profitability. Therefore, a bad sustainability record may have several negative consequences for a firm.

Question 18

It has become _______,since uniform standards defining environmentally responsible company actions are rapidly being incorporated into our legal landscape.

Accepted Answer

The passage suggests that it has become more difficult for firms to make "green" claims without substantial actions to back it up due to the incorporation of standards defining environmentally responsible company actions in the legal landscape.

Question 19

All of the following were among the most admired companies for social responsibility in 2009 according to Fortune magazine except:

Accepted Answer

According to Fortune magazine's list of most admired companies for social responsibility in 2009, Anheuser-Busch, Edison, Walt Disney, and Starbucks were among the top companies. However, Dillard's did not make the list.

Question 20

According to a recent Wall Street Journal article,_______ percent of all firms sampled had no restrictions on boss-subordinate love affairs at work.

Accepted Answer

The answer of According to a recent Wall Street Journal...

Quiz 10: Business Ethics/Social Responsibility/Environmental Sustainability