Answer the following statements true (T) or false (F)

1. Existentialism is represented in fidelity and self-improvement, and contractarianism is
represented in fidelity and justice.
2. The traditional components of fiduciary duty include ensuring that there are no actual or potential conflicts of interest given the actions of the employee.
3. The transparency principle is based on the belief that every employee should conduct
business in a truthful and open manner.
4. The property principle involves making affirmative efforts for those individuals who need help in their personal pursuits, and it also helps protect those individuals who are vulnerable to unethical actions.
5. The fiduciary principle is based on the belief that stakeholders who have a vested interest in the firm should be treated fairly.


1. TRUE
2. TRUE
3. TRUE
4. FALSE
5. FALSE

Business

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______ are used to convey information, evaluation, analysis, and/or recommendations to management or colleagues.

a. Letters b. Bulletin boards c. Reports d. Memos

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Answer the following statements true (T) or false (F)

1. The underlying motivation of the Benefit Corporation concept is that corporations can focus on both shareholder value and provide social and environmental goods to society. 2. Corporate social responsibility can be defined as the obligation companies have to develop and implement courses of action that aid in social issues that impact society. 3. Total corporate social responsibilities are based on economic, legal, ethical, and discretionary responsibilities. 4. An amoral manager is one who not only does not care how his or her decisions impact the stakeholders, but the actions are actively counter intuitive to what is the right and ethical thing to do.

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A project management ________ model strives for a never-ending goal to continuously improve the management of projects.

Fill in the blank(s) with the appropriate word(s).

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