Canadian Business & Society Ethics Responsibilities And Sustainability 4Th Edition By Robert Sexty – Test Bank

Chapter 01

The Relationship between Business and Society

True / False Questions

1. The study of business and society involves an exploration of what is “right” and/or “wrong” in terms of the social and ethical conduct of business.
   FALSE

Difficulty: Easy
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Complexity of Business and Society

2. Responses to social and environmental issues will determine the corporations which will survive in the future.
   TRUE

Difficulty: Medium
Learning Objective: 01-01 Describe the complexity of the interrelationships between business and society.
Topic: 01-01 The Complexity of Business and Society

3. Integrity refers to the appropriateness of a corporation’s behaviour, not to its adherence to moral principles.
   TRUE

Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business.
Topic: 01-02 Integrity in Business

4. Ethics apply to business in the same manner as they apply to religion.
   TRUE

Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business.
Topic: 01-02 Integrity in Business

5. A responsible corporation, a business undertaking that responds to social, ethical, and environmental responsibilities in addition to its economic obligations results in a firm’s integrity.
   FALSE

Difficulty: Medium
Learning Objective: 01-02 Define the terminology relating to the integrity of business.
Topic: 01-02 Integrity in Business

6. The triple-E bottom line (3E) is the evaluation of a corporation’s performance according to a summary of the economic, social or ethical, and environmental value the corporation adds or destroys.
   TRUE

Difficulty: Easy
Learning Objective: 01-02 Define the terminology relating to the integrity of business.
Topic: 01-02 Integrity in Business