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You work for a company that designs and manufactures children's toys. Which of the following is NOT an example of social responsibility that your company might choose to address?

Options:

The use of chemicals in manufacturing

The welfare of workers who assemble the company's products

The environmental impact of transporting toys from the country of manufacture to the country of sale

Whether the recommended retail price of a particular product provides sufficient margin after the unit cost of production is taken into account

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Question 2

Wye Ltd is considering appointing Anne as a director of the company. Which of the following is incorrect?

(i) If Anne is an un-discharged bankrupt, she cannot act as a company director.

(ii) If Anne is the subject of a disqualification order, she cannot act as a company director.

(iii) If Anne has already been appointed a director of another company, she cannot also act as a director of Wye Ltd.

Options:

(i) only

(ii) only

(iii) only

(ii) and (iii) only

Question 3

Which of the following are TWO reasons why new legislation might be introduced in response to corporate scandals?

Options:

To prevent this type of unethical behavior by making it illegal

To punish individuals for adhering to codes of ethics

To encourage companies to make their own decisions about ethical matters

To enforce minimum standards of behavior

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Fundamentals of Ethics, Corporate Governance and Business Law Questions and Answers

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