Exam 3: Ethics & Social Responsibility

NSTAR Gas & Electric Company in Boston provides continuing financial support for an injury prevention program run by the Children's Hospital Boston.This funding is an example of:

A code of ethics can be an effective internal control on behavior,which is more desirable than external controls like government regulations.

Define utilitarianism and its two types.How does this theory differ from the casuist ethical theory?

All of the following are ethical theories relevant to marketing EXCEPT:

One of the favorite foods in Thailand is shark fin soup.A San Francisco-based organization claimed the soup made by its leading producer contained mercury poison,yet the leading producer of shark fin soup wanted to continue selling the soup because it believes it has a responsibility to its investors to be profitable.In terms of the pyramid of corporate social responsibility,this indicates that the soup manufacturer was operating at a(n)_____ responsibility level.

People who believe in the _____ judge according to time-and-place ethics.

The Hippocratic Oath that all physicians take states that the physician will never deliberately harm anyone for anyone else's interest and to avoid attempting to do things that other specialists can do better.This oath is an example of how _____ influences social control.

Define the deontological ethical theory and describe a person that adheres to this theory of ethics.

Sustainability refers to a business's concern for society's welfare.

Drug Marketing Pharmaceutical companies spent $4.4 billion on prescription drug advertising in 2008,mostly on television and in magazines.While the Internet is becoming a more prominent medium to reach consumers and is the primary source used to seek health information,these companies spent less than $130 million on Web marketing.One reason is that there are no guidelines,which makes these heavily-regulated marketers uneasy.For example,television commercials for prescription drugs must include disclosures regarding the major side effects if the brand name is mentioned in the ad.The Food and Drug Administration (FDA)claims that existing regulations address many of the Internet advertising issues,but other aspects of Web marketing,such as social networking and search marketing,must be reviewed.That's why the FDA hearings on this issue were attended by pharmaceutical giants and Web companies like Google,Yahoo,and WebMD Health. -Refer Drug Marketing.Which mode of social control is likely causing the relatively small expenditures on Web marketing by pharmaceutical companies?

According to _____,the choice that yields the greatest benefit to the most people is the choice that is ethically correct.

The four components of the pyramid of corporate social responsibility are:

Which of the following factors will influence ethical decision making and judgments?

List and describe the three levels of ethical development.

Morals are rules people develop as a result of cultural values and norms.

Suppliers are considered stakeholders of a firm.

_____ are the rules that people develop as a result of cultural values and norms.

Florida Hospitals A group of hospital administrators in Florida were discussing the amount of resources used to care for patients that were illegal immigrants and had no medical insurance.One man discussed how his hospital had spent over $2 million on one illegal immigrant who had no family or friends and who was not getting better.Another administrator stated that his hospital was losing $20 million annually in order to provide care for the influx of illegal immigrants into the state.After a great deal of discussion,it was determined that there was probably nothing anyone of them could do about the situation,and that each of them had very definite ideas about how to deal with the problems. -Refer to Florida Hospitals.In order to make an ethical decision on how to handle uninsured illegal immigrants,the Florida hospital administrators must consider all of the following EXCEPT:

Concern about U.S.corporations' use of illegal payments and bribes in international business dealings led to the passage of the:

The movement to develop and market products designed to minimize negative effects on the physical environment or to improve the environment is known as: