Question 1

A company following the virtuous circle of CSR will most likely:

Accepted Answer

A)  become an add-on initiative-funding activities like philanthropy, environmental preservation, and community projects. 
B)  pursue a narrow stakeholder perspective focused on maximizing short-term profits. 
C)  pursue its own interests in competitive settings and make products that are profitable. 
D)  put society and the environment ahead of shareholders and stakeholders. 
E)  integrate socially responsible behavior into everyday business goals and activities for an improved financial performance. 
A)  become an add-on initiative-funding activities like philanthropy, environmental preservation, and community projects. 
B)  pursue a narrow stakeholder perspective focused on maximizing short-term profits. 
C)  pursue its own interests in competitive settings and make products that are profitable. 
D)  put society and the environment ahead of shareholders and stakeholders. 
E)  integrate socially responsible behavior into everyday business goals and activities for an improved financial performance.

Question 2

According to the classical view of CSR, the principal obligation of management should be to _____.

Accepted Answer

A)  suppliers 
B)  owners 
C)  consumers 
D)  future generations 
E)  the state or local government 
A)  suppliers 
B)  owners 
C)  consumers 
D)  future generations 
E)  the state or local government

Question 3

Which of the following is most likely to result in a virtuous circle?

Accepted Answer

A)  Unicorn Educational Services makes anonymous donations to charities every year. 
B)  Holding Hands, a not-for-profit organization, provides free food and shelter to orphans. 
C)  Medix Technology funds frequent AIDS awareness programs held by a not-for-profit organization in the surrounding neighborhood. 
D)  Bubble Plastics incorporates environmentally friendly manufacturing techniques that also result in cost savings. 
E)  Fryt Inc. uses environmentally hazardous chemicals to reduce the cost of manufacturing its products and to maximize its profits. 
A)  Unicorn Educational Services makes anonymous donations to charities every year. 
B)  Holding Hands, a not-for-profit organization, provides free food and shelter to orphans. 
C)  Medix Technology funds frequent AIDS awareness programs held by a not-for-profit organization in the surrounding neighborhood. 
D)  Bubble Plastics incorporates environmentally friendly manufacturing techniques that also result in cost savings. 
E)  Fryt Inc. uses environmentally hazardous chemicals to reduce the cost of manufacturing its products and to maximize its profits.

Question 4

Castle & Co. focuses on using recycled paper as packing material. Though the firm incurs a higher cost of inputs due to this strategy, it continues to use the recycled papers. Thus it contributes to the betterment of the larger community. When a social responsibility audit is taken, on what side will the company's performance rate?

Accepted Answer

A)  Compliance 
B)  Negative 
C)  Underrated 
D)  Conviction 
E)  Moderate 
A)  Compliance 
B)  Negative 
C)  Underrated 
D)  Conviction 
E)  Moderate

Question 5

Glendelwalt is a finance corporation that believes in working for the betterment of the present as well as the future generations. They promote the principle of stewardship and sustainability. Which of the following actions should it implement so as to promote their ideals?

Accepted Answer

A)  Hire more workers 
B)  Remodel and renovate their building 
C)  Start a 'save water and energy' program 
D)  Increase the salary of the workers 
E)  Improve their customer service. 
A)  Hire more workers 
B)  Remodel and renovate their building 
C)  Start a 'save water and energy' program 
D)  Increase the salary of the workers 
E)  Improve their customer service.

Question 6

Procedural justice involves the degree to which policies and rules are fairly applied to all individuals.

Accepted Answer

A) True 
 B)False

Question 7

Commutative justice is the degree to which an exchange or a transaction is ____ to all parties.

Accepted Answer

The answer of Commutative justice is the degree to which...

Question 8

______ are the persons, groups, and other organizations that are directly affected by the behavior of the organization and that hold a stake in its performance.

Accepted Answer

The answer of ______ are the persons, groups, and other...

Question 9

A code of ethics is a(n) ____ statement of values and ethical standards.

Accepted Answer

The answer of A code of ethics is a(n) ____...

Question 10

Which strategy of corporate social responsibility meets economic, legal, and ethical responsibilities but not discretionary responsibilities?

Accepted Answer

A)  Resistive 
B)  Obstructionist 
C)  Diversification 
D)  Accommodative 
E)  Proactive 
A)  Resistive 
B)  Obstructionist 
C)  Diversification 
D)  Accommodative 
E)  Proactive

Question 11

Which of the following CSR strategies addresses the greatest number of responsibilities?

Accepted Answer

A)  Resistive 
B)  Obstructionist 
C)  Defensive 
D)  Accommodative 
E)  Proactive 
A)  Resistive 
B)  Obstructionist 
C)  Defensive 
D)  Accommodative 
E)  Proactive

Question 12

According to proponents of the classical view of CSR, what drives businesses to make things like healthier foods and energy-efficient products?

Accepted Answer

A)  The government 
B)  Profitability 
C)  Owners and shareholders 
D)  A sense of indebtedness to society 
E)  Pressure from civil society 
A)  The government 
B)  Profitability 
C)  Owners and shareholders 
D)  A sense of indebtedness to society 
E)  Pressure from civil society

Question 13

Moral absolutism suggests ethical standards apply _____ across all cultures.

Accepted Answer

The answer of Moral absolutism suggests ethical standards apply _____...

Question 14

Which of the following addresses the fair allocation of outcomes, without any communal or gender biases?

Accepted Answer

A)  Procedural justice 
B)  Fundamental justice 
C)  Distributive justice 
D)  Commutative justice 
E)  Interactional justice 
A)  Procedural justice 
B)  Fundamental justice 
C)  Distributive justice 
D)  Commutative justice 
E)  Interactional justice

Question 15

Ethical behavior is determined by its cultural context.

Accepted Answer

A) True 
 B)False

Question 16

When faced with an ethical dilemma, spotlight questions are used to test possible decisions for:

Accepted Answer

A)  the risk of public disclosure. 
B)  potential harm to self. 
C)  the risk to job security. 
D)  potential harm to others. 
E)  possible legal implications. 
A)  the risk of public disclosure. 
B)  potential harm to self. 
C)  the risk to job security. 
D)  potential harm to others. 
E)  possible legal implications.

Question 17

Explain the utilitarian view of ethical behavior.

Accepted Answer

The utilitarian view considers ethical b

Question 18

Karlanium Inc. is a bottle manufacturing company. It is required by law to process its waste byproduct before depositing it in the dumping grounds. Its social responsibility is limited to fulfilling this legal requirement. To which of the following categories does Karlanium belong?

Accepted Answer

A)  Resistive 
B)  Obstructionist 
C)  Defensive 
D)  Accommodative 
E)  Proactive 
A)  Resistive 
B)  Obstructionist 
C)  Defensive 
D)  Accommodative 
E)  Proactive

Question 19

Corporate ____ is the oversight of top management by a board of directors.

Accepted Answer

The answer of Corporate ____ is the oversight of top...

Question 20

Businesses are required by law to have boards of directors that are elected by _____ to represent their interests.

Accepted Answer

A)  customers 
B)  government officials 
C)  shareholders 
D)  union leaders 
E)  all employees 
A)  customers 
B)  government officials 
C)  shareholders 
D)  union leaders 
E)  all employees

A company following the virtuous circle of CSR will most likely:

According to the classical view of CSR, the principal obligation of management should be to _____.

Which of the following is most likely to result in a virtuous circle?

Glendelwalt is a finance corporation that believes in working for the betterment of the present as well as the future generations. They promote the principle of stewardship and sustainability. Which of the following actions should it implement so as to promote their ideals?

Procedural justice involves the degree to which policies and rules are fairly applied to all individuals.

Commutative justice is the degree to which an exchange or a transaction is ____ to all parties.

______ are the persons, groups, and other organizations that are directly affected by the behavior of the organization and that hold a stake in its performance.

A code of ethics is a(n) ____ statement of values and ethical standards.

Which strategy of corporate social responsibility meets economic, legal, and ethical responsibilities but not discretionary responsibilities?

Which of the following CSR strategies addresses the greatest number of responsibilities?

According to proponents of the classical view of CSR, what drives businesses to make things like healthier foods and energy-efficient products?

Moral absolutism suggests ethical standards apply _____ across all cultures.

Which of the following addresses the fair allocation of outcomes, without any communal or gender biases?

Ethical behavior is determined by its cultural context.

When faced with an ethical dilemma, spotlight questions are used to test possible decisions for:

Explain the utilitarian view of ethical behavior.

Karlanium Inc. is a bottle manufacturing company. It is required by law to process its waste byproduct before depositing it in the dumping grounds. Its social responsibility is limited to fulfilling this legal requirement. To which of the following categories does Karlanium belong?

Corporate ____ is the oversight of top management by a board of directors.

Businesses are required by law to have boards of directors that are elected by _____ to represent their interests.

Management, Managers, and Careers

Management Learning Past to Present

Environment, Technology, and Sustainability

Global Management and Cultural Diversity

Entrepreneurship and New Ventures

Data and Decision Making

Planning Processes and Techniques

Control Processes and Systems

Strategy and Strategic Management

Organization Structures

Organizational Culture and Change

Human Resource Management

Leading and Leadership Development

Individual Behavior

Motivation Theory and Practice

Teams and Teamwork

Communication and Collaboration

Filters

Exam 3: Ethics and Social Responsibility

A company following the virtuous circle of CSR will most likely:

According to the classical view of CSR, the principal obligation of management should be to _____.

Which of the following is most likely to result in a virtuous circle?

Glendelwalt is a finance corporation that believes in working for the betterment of the present as well as the future generations. They promote the principle of stewardship and sustainability. Which of the following actions should it implement so as to promote their ideals?

Procedural justice involves the degree to which policies and rules are fairly applied to all individuals.

Commutative justice is the degree to which an exchange or a transaction is ____ to all parties.

______ are the persons, groups, and other organizations that are directly affected by the behavior of the organization and that hold a stake in its performance.

A code of ethics is a(n) ____ statement of values and ethical standards.

Which strategy of corporate social responsibility meets economic, legal, and ethical responsibilities but not discretionary responsibilities?

Which of the following CSR strategies addresses the greatest number of responsibilities?

According to proponents of the classical view of CSR, what drives businesses to make things like healthier foods and energy-efficient products?

Moral absolutism suggests ethical standards apply _____ across all cultures.

Which of the following addresses the fair allocation of outcomes, without any communal or gender biases?

Ethical behavior is determined by its cultural context.

When faced with an ethical dilemma, spotlight questions are used to test possible decisions for:

Explain the utilitarian view of ethical behavior.

Karlanium Inc. is a bottle manufacturing company. It is required by law to process its waste byproduct before depositing it in the dumping grounds. Its social responsibility is limited to fulfilling this legal requirement. To which of the following categories does Karlanium belong?

Corporate ____ is the oversight of top management by a board of directors.

Businesses are required by law to have boards of directors that are elected by _____ to represent their interests.

Management, Managers, and Careers

Management Learning Past to Present

Environment, Technology, and Sustainability

Global Management and Cultural Diversity

Entrepreneurship and New Ventures

Data and Decision Making

Planning Processes and Techniques

Control Processes and Systems

Strategy and Strategic Management

Organization Structures

Organizational Culture and Change

Human Resource Management

Leading and Leadership Development

Individual Behavior

Motivation Theory and Practice

Teams and Teamwork

Communication and Collaboration

Filters