Exam 3: Ethics and Social Responsibility

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The local community is not a stakeholder of an organization.

(True/False)
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Which of the following statements is an argument for corporate social responsibility?

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In the context of the determinants of a civil society, _____ involves the voluntary acceptance of standards established by nongovernmental entities.

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Business gift giving is considered the most unacceptable business practice in China.

(True/False)
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The utilitarian theory is a belief in time-and-place ethics, that is, ethical truths depend on the individuals and groups holding them.

(True/False)
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Which of the following statements is true of morals?

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Who among the following is most likely to disapprove of unethical practices more strongly than others?

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In which of the following situations are marketers most likely to recognize a practice as unethical?

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An ethical decision is solely based on the number of people who are benefitted by the decision.

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Stakeholder theory of corporate social responsibility:

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Social responsibility can produce only an indirect profit.

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Define the pyramid of corporate social responsibility and list its components.

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According to the three levels of ethical development, which of the following statements is true of conventional morality?

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Anything that is legal is ethical.

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Which of the following is a similarity between act utilitarianism and rule utilitarianism?

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Quasio Foods Inc. is a large food manufacturing corporation that earns more profits than its competitors. The company uses only organically grown grains and fruits. It also promotes organic farming and helps nonprofit agencies who focus on food and nutrition causes. The company has now decided to use a third-party recycling logo. In this scenario, Quasio Foods is most likely to have adopted the concept of _____.

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Which of the following statements is true of the deontological theory and the utilitarian ethical theory?

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Cause-related marketing is a marketing relationship based on a straight donation.

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Conventional morality is the most basic level of ethical development.

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Hallie has a tendency to be egocentric. She follows the rules of her company mainly to avoid punishment and to gain respect. When making decisions, she always focuses on what immediate benefits she will gain from an alternative. Which of the following levels of ethical development is illustrated by Hallie?

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