Exam 3: Ethics and Social Responsibility

Name at least three of the ways it is possible to measure a company's level of corporate social responsibility.

Moral relativism is a perspective that holds that there is a universal moral truth that is modified by individuals to suit differing circumstances.

Low-level employees at companies that have ongoing ethics training programs learn how to decide whether to follow the advice of their leaders.

Telecommuting is one instance when a person's employer may influence how an employee behaves at home.

Sexual conduct outside the office will never impact the professional role of the employee involved.

Actions like purchasing energy from wind farms and choosing suppliers that are ecologically friendly to balance out the necessary carbon dioxide produced in other stages of manufacturing are examples of how socially responsible practices can threaten the profitability of a a company.

When a pharmaceutical company develops a new drug to fight malaria and ships it out to a region of the world where the populace cannot afford to buy the drug, this is an example of ________.

What are at least two of the strategies that companies that are attempting to recover from a scandal follow?

The decision to abide by the speed limit when driving is not an ethical decision.

Sergeant Joseph Darby, who sent information to the U.S. Army Criminal Investigation Command that sparked an investigation that eventually revealed to the public the abuses at Abu Ghraib prison in Iraq, lives as a hero, celebrated for his good deeds and further contributing to the welfare of his community.

Consumers have limited resources for determining whether a company has engaged in unlawful actions or has been irresponsible in its activities.

What are some ethical issues involved in price fixing?

Which of the following is an example of ratings and rankings of the level of corporate social responsibility of companies?

How can a clearly stated mission statement improve the culture of ethical and responsible conduct for a business?

Which of the following questions enables a person to BEST understand her behavior from an ethical perspective?

Situational ethics encourages people to ________.

When the Nobel Prize-winning economist Milton Friedman said, "Asking a corporation to be socially responsible makes no more sense than asking a building to be," what did he mean?

To have a product certified as organic, a company must ________.

Which of the following companies has NOT been involved in a major legal battle over ethical issues in recent years?

What are two ways that companies apply ethical standards to create new business opportunities?