Exam 5: Managing Ethics and Social Responsibility

Which of the following approaches to ethical decision making is not popular in the highly organized and group-oriented society of today?

A(n) __________ arises in a situation in which all alternative choices or behaviors have potentially negative consequences.

Ethics, found between the domains of law and free choice, is the code of moral principles and values that governs the behaviors of a person or group with respect to what is right or wrong.

General statements of principle are often called __________.

Which of the following is not a normative ethics approach?

Policy-based statements generally outline the procedure to be used in specific ethical situations.

Most ethical dilemmas in business involve a conflict between stakeholders and shareholders.

__________ argues that individuals should be compensated for the cost of their injuries by the party responsible, and individuals should not be held responsible for matters over which they have no control.

The triple bottom line is sometimes called the three Ps: People, Planet, and Profit.

A stakeholder is any group within or outside the organization that has some type of investment or interest in the organization's performance and is affected by the organization's actions.

Which of the following leadership styles is associated with the postconventional level of personal moral development?

The moral-rights approach to ethical decision making sidesteps debates about what is right, good, or just and bases decisions on prevailing standards of the profession and the larger society, taking the interests of all stakeholders into account.

__________ 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.

__________ means that managers are honest and trustworthy, are fair in their dealings with employees and customers, and behave ethically in both their personal and professional lives.

Individuals are concerned with external rewards and punishments at the principled level of personal moral development.

Which of the following ethical approaches are companies citing to justify their policing of employees' personal habits on and off the job, such as alcohol and tobacco consumption?

Define ethics, and explain how the domain of ethics relates to law and free choice.

Which of the following is the disclosure by an employee of illegal, unethical, or illegitimate practices on the employer's part?

Only about _____ percent of American adults reach the postconventional stage of moral development.

A(n) __________ is a group of executives (and sometimes lower-level employees as well) appointed to oversee the company ethics by ruling on questionable issues and disciplining violators.