Exam 5: Managing Ethics and Social Responsibility

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Managers are often concerned good citizenship will hurt performance.

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The _____ refers to the ethical concept that moral decisions are those that best maintain the rights of those people affected by them.

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What is social responsibility? Why is it considered a difficult concept to grasp?

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Which of the following responsibilities is purely voluntary and is guided by a company's desire to make social contributions not mandated by economics, law, or ethics?

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A code of _____ is a formal statement of the company's values concerning ethics and social issues.

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Important stakeholders in corporations include the government and the community.

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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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The ethical concept that acts are moral when they promote the individual's best long term interests, which ultimately leads to the greater good, is known as the moral rights approach.

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