Chapter 11 Multiple Choice Questions

Government, regulation, and business ethics

Quiz Content

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. Which of these statements describing imperative and private regulation are correct?
1. Imperative regulation is government backed;
2. Private regulation is issued by companies, industry associations and civil society groups;
3. Private regulation has stronger sanctioning mechanisms associated with it than imperative regulation;
4. The police, military and courts are mechanisms for upholding imperative regulation.

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. ________ is any business effort to influence government or public policy. It includes activities such as __________, political advertising, financial contributions, ________ action and political ________.

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. There are a number of means by which can influence _______. These include _________to decision maker, varying from very direct modes to indirect modes, _________, being either public or private and ________ of communication.

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. According to Baquero (2015) public corruption is made possible due to which of the following?
1. The closeness of elites and citizens;
2. The benefits for the members networks of the political elite;
3. The emergence of scapegoats who distract away from the culpability of the whole system;
4. A pact of silence which is necessary to preserve the system.

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. _______ is a process by which publicly owned companies are sold and thus move out of the public sector, often promoting a number of related ethical, social, and commercial concerns.

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. In a global context, many companies have significant ______ power due to their ability to threaten governments, in the face of ________ with relocation to other territories, which Beck (1998) describes as 'corporate power of _______.

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. Which of the following business-government relations related phenomena can be predominately attributed to globalisation?
1. A rise in national legislation due to the strengthening effect of globalisation on national governmental power;
2. Increased scrutiny of business operations within national context where regimes are repressive and authoritarian;
3. National government legislation being weakened in certain states and strengthened in others to attract companies;
4. Heightened power of transnational regimes and international trade regimes.

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. The rise in business led, private regulation can be attributed to: encouragement of a _______ approach from industry, _________ and _______ achievement of objectives.

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. The ISO 26000 standard on ________ is emblematic of a number of trends emerging within the shared global governance space. Specifically, these trends concern, more deliberation and ________, greater focus on the _______ rather than outcomes and more _______ rather than specific norms.

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. Which of the following areas is not covered by the principles enshrined in the UN Global Compact?

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