Exam 3: Managers,society,and Sustainability

An organization decides to rid itself of contaminated waste by dumping it into a river.If this dumping renders the river toxic and unusable for drinking water,fishing,or recreation,the entity would be considered ________.

The Federal Reserve Board (the Fed)examines the relevant economic data and makes a judgment about the present and future state of the economy in order to set interest rates.If economic activity seems to be slowing down,the Fed might decide to lower interest rates as a means for stimulating economic growth.If the economy seems to be growing too fast and the inflation rate is increasing,it might choose to raise interest rates.Lowering or raising interest rates,in and of itself,is neither good nor bad;the rightness of the act depends on the consequences.This action is consistent with the ________.

________ is an ecology-oriented certification program run by the U.S.Green Building Business Council,that rates the ecology impact of buildings of all types.

Social responsiveness can be defined as ________.

The guiding premise of the Equal Employment Opportunity Commission is to ensure that employers holding federal contracts grant equal employment opportunity to people regardless of their race or sex.

Empirical studies,conducted by various corporations in the United States,have demonstrated a definitive relationship between social responsibility and profitability.

Behavior where the actions reflect virtues like honesty,fairness,and compassion is an example of the ________.

________ is supported by the Sarbanes-Oxley Act as a vehicle for both discouraging deceptive management practices while encouraging ethical management practices.

When Mohawk Home Company develops a new line of all natural fiber rugs,the company could be said to be ________.

Identify two federal agencies that enforce social responsibility legislation and explain their primary roles.

The social responsibility approach views business as having ________.

Which of the following does an organization focus on when it maintains the wellbeing and protection of the communities in which it does business?

The greater the degree of effectiveness and efficiency,the more socially responsive the organization is said to be.

Which of the following guidelines indicates that in order to be ethical,corporate behavior must respect the dignity of human nature?

Which of the following is the primary function of the Consumer Product Safety Commission?

What is a code of ethics? What are the issues that it commonly addresses?

Which of the following is an argument for business performing social responsibility activities?

Social responsibility is the managerial obligation to take action that protects and improves both the welfare of society and the interests of the organization.

Which of the following is the primary function of the Equal Employment Opportunity Commission?

Which of the following are best categorized as "outside" stakeholders of an organization?