Exam 4: Managing Ethics and Social Responsibility

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An organization's decision to hire for an open position is in the:

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The basis for the recent trend among companies to police employee personal habits such as alcohol and tobacco consumption on the job is called the utilitarian ethic.

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Although public confidence in business managers is at an all-time low, politics, sports, and non-profit organizations have not been affected.

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The conventional stage of moral development is best described by which of the following statements?

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Individuals, at the preconventional level, are concerned with external rewards and punishments and obey authority to avoid detrimental personal consequences.

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Procedural justice requires that rules be stated clearly, consistently and impartially enforced, and administered fairly.

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________is the responsibility that goes beyond societal expectations to contribute to the community welfare.

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List and define the stages of moral development.

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In what stage of personal moral development is a person mostly concerned with external rewards and personal consequences of an action?

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Human beings have fundamental rights and liberties that cannot be taken away by another individual's decision. This ethical decision making approach is known as the:

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Explain the differences between principle-based statements and policy-based statement in an organization's code of ethics.

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The relationship between social responsibility and financial performance has been shown to be________ .

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The decision by ABC International to downsize and reduce its labor force is in the:

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Economic, legal, ethical, and discretionary responsibilities are the four areas of social responsibility which can be used to evaluate corporate social performance.

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The ________approach contends that acts are moral when they promote the individual's best long-term interests.

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________justice argues that individuals should be compensated for the cost of their injuries by the party responsible.

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The________ approach to economic responsibility means that economic gain is the only social responsibility and can lead companies into trouble.

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Which of the following stages is the stage of personal moral development in which an individual develops an internal set of standards and values?

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An________ is a formal statement of the company's values concerning ethics and social issues; it communicates to employees what the company stands for.

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List three examples of primary stakeholders.

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