Exam 2: Business Ethics and Social Responsibility

The term organizational stakeholder refers to groups,individuals,and organizations that are directly affected by the practices of an organization.

When evaluating a decision based on the ethical norm of justice,a manager will consider which of the following questions?

Some ethical and unethical behaviors fall into gray areas while others are widely agreed upon.

Which of the following groups is NOT considered an organizational stakeholder?

Whistle-blowers can receive ________ of the monetary restitution collected by the government.

In the 1960s and 1970s,business was seen as a negative social force.

Social responsibility is an attempt by a business to balance its commitments to groups and individuals in its environment,including customers,other businesses,employees,and investors.

When defining its sense of social responsibility,a firm typically confronts what areas of concern?

Cost concerns have created reluctance to "go green" because the opportunity to make money by marketing green products to environmentally conscious consumers is not apparent.

The first formal declaration of consumer rights protection occurred when President Richard M.Nixon identified four basic consumer rights.

In recent years,companies have found that they can increase profits by going green.

________ are groups,individuals,and organizations that are directly affected by the practices of an organization.

The way in which a business tries to balance its commitments to groups and individuals in its social environment is called ________.

The current whistle-blower law stems from which of the following pieces of legislation?

What groups typically comprise organizational stakeholders?

Responding to increased demand with overly steep,and often unwarranted,price increases is called ________.

Firms adopting a(n)________ stance to social responsibility do not necessarily or proactively seek avenues for contributing,but participate after solicitation.

What constitutes ethical and unethical behavior is determined partly by the individual and partly by the culture.

A(n)________ stance to social responsibility involves doing as little as possible and may involve attempts to deny or cover up violations.

The most essential ingredient in encouraging ethical behavior in an organization is getting all employees to buy into it.