Which one of the following four statements is correct?

1.   ?    Issues relating to business ethics and corporate social responsibility are most commonly found in the operations and marketing functions.
2.   ?    Social responsibility action groups have replaced trade unions in their ability to deal with issues relating to individual worker rights.
3.   ?    Business ethics is concerned with moral issues in the conduct of business affairs.
4.   ?    Business ethics is a branch of transcendental ethics.

Which one of the following four statements is correct?

1.   ?    Corporate social responsibility is largely about issues concerned with environmental protection.
2.   ?    For consumers the main corporate social responsibility of firms towards them lies in keeping costs and prices down.
3.   ?    Corporate social responsibility involves managing the conflict between different stakeholders with different needs.
4.   ?    The stakeholder issues facing global companies are much the same as those facing companies in a national environment, except that there are more stakeholders.

Which one of the following four statements is correct?

1.   ?    Business ethics was founded as a movement by the UK Quakers and paternalists of the 19th century.
2.   ?    The lobby for ethical business has come from governments, trade unions and consumer and environmental action groups.
3.   ?    Business ethics is an opposing philosophy to that of the materialistic society.
4.   ?    The Kyoto Summit of 1997 highlighted the key issue of business ethics – that of leaving the planet in a good state.

Which one of the following four statements is correct?

1.   ?    Many major companies demonstrate their commitment to ethical and responsible business through the publication of a special annual report highlighting such issues.
2.   ?    Businesses that operate ethically and responsibly will attract more customers and make higher profits than those businesses that do not.
3.   ?    A major problem with getting firms to operate ethically and responsibly is that the costs of not doing so are generally only a very small percentage of their turnover.
4.   ?    There is a growing trend for investors and employees to seek out ethical companies for investment and employment.

Which one of the following four statements is correct?

1.   ?    Highly competitive markets and demanding shareholders can present effective barriers to the investment in ethical and socially responsible practices.
2.   ?    There is widespread concern and a growing concern amongst the small business community for the need for firms to operate ethically and responsibly.
3.   ?    Cultural convergence as a result of globalization has meant that ethical standards in business are becoming universal.
4.   ?    The development of environmentally friendly business practices is almost always relatively low cost and affordable.

Which one of the following four statements is correct?

1.   ?    The first important step management can take to establish ethical practices is to set up an ethics department.
2.   ?    Whistleblowing is a system whereby employees are rewarded for reporting unethical behaviour within their firm to management.
3.   ?    Several international bodies have published codes of practice on ethical and responsible behaviour. Such codes have been accepted by many leading global firms, yet the application of the codes appears limited.
4.   ?    Non-executive directors are important agents of social responsibility as they are independent voices.