Exam 2: Managers, Society, and Sustainability

The social responsibility approach views business as having ________.

Which of the following are best categorized as "outside" stakeholders of an organization?

Milton Friedman believed the requirement for managers to be focused on socially responsible actions was ________.

Haroon wants to file a complaint against EatFry, a fast-food restaurant, because he was rejected in a job interview with the firm. Haroon believes that he was discriminated against because of ethnicity. Which of the following federal agencies should he approach?

PepsiCo, a food and beverage manufacturer, began measuring the footprint of carbon emissions of its orange juice brand, Tropicana, in an effort to become more sustainable. Which of the following areas does this study focus on?

Identify two of the federal agencies that enforce social responsibility legislation and explain their primary roles.

________ is the act of an employee reporting suspected misconduct or corruption believed to exist within an organization.

What does it really mean to say "sustainability is the future of business?" Defend and support your answer.

Is social responsibility an important part of an organization's management practices? Justify your answer.

The Federal Reserve Board (the Fed) examines the relevant economic data and makes a judgment about the present and future state of the economy in order to set interest rates. If economic activity seems to be slowing down, the Fed might decide to lower interest rates as a means for stimulating economic growth. If the economy seems to be growing too fast and the inflation rate is increasing, it might choose to raise interest rates. Lowering or raising interest rates, in and of itself, is neither good nor bad; the rightness of the act depends on the consequences. This action is consistent with the ________.

Which of the following statements is true about social responsibility?

A code of ethics is an informal statement that organizations release to help their customers obtain a basic understanding of ethics.

________ is supported by the Sarbanes-Oxley Act as a vehicle for both discouraging deceptive management practices while encouraging ethical management practices.

The three sustainability gauges for organizational development - economy, environment, and society - considered collectively are commonly referred to as the ________.

Which of the following is an example of whistle-blowing?

The primary function of the Office of Federal Contract Compliance Programs is to ensure that employers holding federal contracts ________.

What steps can management take to ensure its employees and management teams function in an ethical way?

Business behavior that reflects honesty in advertising about the worthiness of a product or paying suppliers a fair price for their goods is an example of the ________.

Manga, a fashion and apparel company, opens a new factory in India using eco-friendly energy and materials during construction. This is an example of ________.

A whistle-blower is ________.