Exam 3: Ethics and Social Responsibility

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__________is a business's concern for the long-range welfare of both the company and its relationships to the society within which it operates.

(Short Answer)
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Nutri Star Corp.is a large food manufacturing corporation which is more profitable that its competitors.The company uses only organically grown grains and fruits.Nutri Star also promotes organic farming and helps nonprofit agencies who focus food and nutrition causes.The company has now decided launch a campaign that aimed at promoting healthy eating habits among youth.Nutri Star is most likely to have adopted the concept of _____.​

(Multiple Choice)
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Preconventional morality moves from an egocentric viewpoint toward the expectations of society.

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Which of the statements is true in the context of preconventional morality?

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Describe the pyramid of corporate social responsibility and include a description of its components.

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Law is not a perfect mechanism for ensuring good corporate and employee behavior.

(True/False)
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Synergy Inc.has developed a line of appliances that run on the sun's energy and cause no harm to the environment.The company is also planning to introduce battery-run motorbikes that release no pollution.Which of the following concepts is illustrated in this scenario?

(Multiple Choice)
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Which of the following statements is true about code of ethics?

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Most business people have progressed beyond the self-centered and manipulative actions of preconventional morality.

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Moral relativism is a belief in time-and-place ethics,that is,that ethical truths depend on the individuals and groups holding them

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Studies suggest that ethical beliefs vary little from culture to culture.

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Jordon,a sales manager,always advises his subordinates to build long-term relationships of trust with his customers.He also instructs them to refrain from making deals that might not be very suitable for the customers,even if it means not meeting sales targets.Which of the following levels of ethical development is illustrated in the scenario?

(Multiple Choice)
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A recent study of marketing professionals found that their ethical judgments were influenced by several factors.List four of these factors.How do these factors contribute to the ethical environment of a marketing organization?

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

(True/False)
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