MODULE 2 EXAM _ MAN3065-2237-9847 _ Business Ethics
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MODULE 2 EXAM : MAN3065-2237-9847 | Business Ethics
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MODULE 2 EXAM Due
Nov 13 at 11:59pm
Points
40
Questions
40
Available
Oct 23 at 12am - Nov 13 at 11:59pm
Time Limit
60 Minutes
Instructions
Attempt History
Attempt
Time
Score
LATEST
Attempt 1
33 minutes
34 out of 40
Score for this quiz: 34
out of 40
Submitted Nov 12 at 9:07pm
This attempt took 33 minutes.
Chapters 4 & 5. Graded.
40 Multiple choice Questions
60 Minutes
One (1) attempt.
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1 / 1 pts
Question 1
Which of the following is an independent agency within the Federal Reserve System that “regulate[s] the offering and
provision of consumer financial products or services under the Federal consumer financial laws”?
Consumer Financial Protection Bureau
Correct!
Correct!
Federal Reserve
World Trade Organization
Department of Justice
Federal Trade Commission
1 / 1 pts
Question 2
A major purpose of the Federal Sentencing Guidelines for Organizations, the Sarbanes–Oxley Act, and the Dodd–Frank
Act is to _______.
guard against anticompetitive behaviors
create synergy among businesses to improve the economy
encourage ethical conduct
Correct!
Correct!
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MODULE 2 EXAM : MAN3065-2237-9847 | Business Ethics
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discourage businesses from taking risks
mandate that companies engage in self-regulation
1 / 1 pts
Question 3
Donation of computer equipment to schools by Toshiba would be associated with which type of responsibility?
Economic
Voluntary
Correct!
Correct!
Legal
Ethical
Minimum
1 / 1 pts
Question 4
Which of the following is a provision of the Dodd–Frank Wall Street Reform and Consumer Protection Act?
Decreased accountability and transparency of financial institutions
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Creation of a bureau to educate consumers in financial literacy
Correct!
Correct!
Creation of an organization to pay the bills of low-income consumers
Punishment for whistle-blowers who come forward
Decreased oversight of the financial industry
0 / 1 pts
Question 5
An ethical organizational culture creates an environment to structure behavior that is then evaluated by stakeholders. A
key element of an organizational culture that refers to the visible, tangible external symbols of values and norms is known
as an organization’s _______.
values
norms
artifacts
Correct Answer
Correct Answer
behavior
employee compensation
You Answered
You Answered
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1 / 1 pts
Question 6
Which action will most likely be found in violation of procompetitive legislation?
Pollution of waterways
Knowingly harming consumers
Contracting with sweatshops
Establishment of monopolies
Correct!
Correct!
Discriminating against consumers
1 / 1 pts
Question 7
Which of the following acts, passed in response to public outrage over conditions described in Upton Sinclair's The
Jungle
, was the first consumer protection legislation?
Civil Rights Act of 1964
Sherman Antitrust Act of 1890
Magnuson-Moss Warranty Act of 1974
Consumer Product Safety Act of 1972
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Pure Food and Drug Act of 1906
Correct!
Correct!
1 / 1 pts
Question 8
Which of the following acts exempted the insurance industry from antitrust legislation?
Equal Pay Act of 1963
Civil Rights Act of 1964
McCarran-Ferguson Act of 1944
Correct!
Correct!
Sherman Antitrust Act of 1890
Occupational Safety and Health Act of 1970
1 / 1 pts
Question 9
Which law not only prohibits specific actions in business such as fraud, theft, or securities trading violations, but also
imposes fines or imprisonment as punishment for breaking the law?
Civil
Criminal
Correct!
Correct!
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Competitive
Administrative
Regulatory
1 / 1 pts
Question 10
Title VII of the Civil Rights Act of 1964 _______.
prohibits discrimination on the basis of race, color, sex, religion, or national origin
Correct!
Correct!
penalizes the top executives in an organization for misconduct
is basically the same as the Sarbanes–Oxley Act
discourages whistle-blowers from reporting misconduct
prohibits pay discrimination on the basis of gender
1 / 1 pts
Question 11
The synergistic and mutually beneficial use of an organization’s core competencies and resources to deal with key
stakeholders so as to bring about organizational and societal benefits is known as _______.
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social responsibility
business ethics
corporate philanthropy
strategic philanthropy
Correct!
Correct!
cause-related marketing
0 / 1 pts
Question 12
Which of the following is a provision of the Sarbanes–Oxley Act?
Lessens penalties for corporate fraud
Developed the Consumer Financial Protection Bureau
Recommends codes of ethics for financial reporting in corporations
Makes fraudulent financial reporting a civil offense
You Answered
You Answered
Requires greater transparency in financial reporting
Correct Answer
Correct Answer
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0 / 1 pts
Question 13
Developing structurally sound organizational practices and integrity for financial and nonfinancial performance measures,
rather than concentrating on an individual’s morals, is the focus of which of the following?
The Dodd–Frank Wall Street Reform and Consumer Protection Act
Compliance
Organizational ethics
You Answered
You Answered
Core practices
Correct Answer
Correct Answer
The Sarbanes Oxley Act
1 / 1 pts
Question 14
The rights and duties of individuals and organizations (including businesses) are defined by _______ law.
civil
Correct!
Correct!
criminal
competitive
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MODULE 2 EXAM : MAN3065-2237-9847 | Business Ethics
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administrative
regulatory
1 / 1 pts
Question 15
The Dodd–Frank Act established which of the following as an independent agency within the Federal Reserve System?
Environmental Protection Agency
World Bank
Consumer Financial Protection Bureau
Correct!
Correct!
World Trade Organization
Sarbanes–Oxley Act
0 / 1 pts
Question 16
Which of the following has contributed to the progression of the institutionalization of business ethics in recent decades?
Institutionalization of ethics is now mandated for all organizations by governments around the world.
You Answered
You Answered
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Total quality management
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QUESTION 8
Probable cause is required for a police officer to conduct a stop and frisk.
O True
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A law enforcement officer needs reasonable suspicion or probable cause that a crime has taken place when using the "knock and talk" strategy.
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What is the sample mean, sample standard deviation, minimum, and maximum of the total time in the system observed for the customers who arrived at, and departed from, the system during the time interval [100.0, 120.0]? Using Excel formulas.
What is the time-averaged (time-weighted) mean number waiting in the queue during the time interval [100.0, 120.0] using a hand simulation table.
Customer Arrives at Queue Departs from Queue Departs from Server Time in Queue Time in Service Total Time in System
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Today, during a meeting of (fictional) senior “imagineering” managers, Mr. Luke Tomas, V. P. of Costume Design, said, “Mr. Walt Disney would not like Mickey Mouse talking if he were alive.” “But Luke, if Mickey speaks it gives us new ways to interact with our guests,” responded Cindy Bridgetown, V.P. of Imagineering, and Luke’s boss. “Cindy, we can’t control the conversation if Mickey talks to guests. Kids and parents are going to get their feelings hurt one way or another. And it’s too demanding on our employees.”
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