Exam 5: Managing Ethics and Social Responsibility

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Compensatory justice argues that an employees compensation should be based on individual performance.

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The basis for the recent trend among companies to police employee personal habits such as alcohol and tobacco consumption on the job is called the utilitarian ethic.

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The ethical decision approach that requires persons to be guided by standards of equity, fairness and impartiality is the:

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Individualism is popular in the highly organized society of today because it supports immediate self-gain.

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The _____ leadership style matches with the preconventional level of personal moral development.

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The right of free consent, the right to privacy, and the right of freedom of conscience are rights that should be considered in the moral rights approach.

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Which of these employee behaviors matches with the postconventional level of personal moral development?

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If something is ethical, it must not be illegal.

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Social responsibility is management's obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization.

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The profit-maximizing view of economic responsibility is advocated by _____.

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List three examples of primary stakeholders.

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Which of the following is NOT one of the moral rights that could be considered during decision-making?

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Principle-based statements define fundamental values and contain general language about company responsibilities, quality of products, and treatment of employees.

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Although public confidence in business managers is at an all-time low, politics, sports, and non-profit organizations have not been affected.

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Economic, legal, ethical, and discretionary responsibilities are the four areas of social responsibility which can be used to evaluate corporate social performance.

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The great majority of managers operate at level two, the conventional level.

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List the four criteria for ethical decision-making described in the book.

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A chief ethics officer is a company executive who oversees all aspects of ethics and legal compliance.

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_____ generally outline the procedures to be used in specific ethical situations, such as marketing practice, conflicts of interest, and observance of laws.

(Short Answer)
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Which of the following refers to the code of moral principles and values that govern behaviors with respect to what is right and wrong?

(Multiple Choice)
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