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Question 1

Which of the following statements is correct? Bribery is:

a) necessary to gain access to international markets.

b) legal in all countries.

c) a form of corruption.

d) beneficial in developing economies.

Question 2

Human rights are:

a) the standards of treatment to which all people are entitled.

b) can safely be ignored by international companies.

c) defined in the UN Global Compact 2000.

d) of no interest to the customers of international companies.

Question 3

The term 'sustainable development':

a) refers to compliance with environmental legislation.

b) refers to cost savings generated from lower wage costs in developing economies.

c) has the same meaning as competitive advantage.

d) refers to practices which enhance 'the triple bottom line'.

Question 4

Corporate ethics:

a) is concerned with the impact of business on the societies within which it operates.

b) is the term which describes compliance with company policies.

c) addresses the issues of individual decision making.

d) is an abstract concept impossible to operationalize.

Question 5

Corporate codes of ethics are:

a) always externally audited

b) create guidelines for employees to work by

c) always compliance based

d) always integrity based

Question 6

Good practice with respect to making codes of conduct effective includes:

a) treating the code as a confidential document.

b) making exceptions to the code when necessary.

c) setting up a committee to monitor the code.

d) pinning the code to the notice board.

Question 7

Greenwashing refers to the practice of:

a) promoting sustainable development.

b) engaging with environmental pressure groups.

c) the attempt to create a false impression of environmental friendliness.

d) commitment to humanitarian causes.

Question 8

Ethical investment:

a) normally matches the performance of traditional investment.

b) normally underperforms against traditional investment.

c) is declining.

d) is impossible to measure.

Question 9

Companies that engage in environmental management normally experience:

a) higher costs

b) lower productivity

c) decreased market share

d) less material usage

Question 10

Socially responsible practice:

a) only involves compliance with legislation.

b) should be viewed solely as a means to ward off negative publicity.

c) only adds cost to business activities.

d) can be viewed as investment.

Oxford University Press, Online Resource Centre, Chapter 05.

Chapter 05

Instructions