Exam 5: Managements Social and Ethical Responsibilities
Exam 1: Managers and Entrepreneurs151 Questions
Exam 2: The Evolution of Management Thought163 Questions
Exam 3: The Changing Environment of Management: Diversity, Global Economy, and Technology158 Questions
Exam 4: International Management and Cross-Cultural Competence160 Questions
Exam 5: Managements Social and Ethical Responsibilities164 Questions
Exam 6: The Basics of Planning and Project Management168 Questions
Exam 7: Strategic Management: Planning for Long-Term Success168 Questions
Exam 8: Decision Making and Creative Problem Solving163 Questions
Exam 9: Organizations: Effectiveness, Design, and Cultures129 Questions
Exam 10: Human Resource Management157 Questions
Exam 11: Communicating in the Internet Age165 Questions
Exam 12: Motivating Job Performance176 Questions
Exam 13: Group Dynamics and Teamwork169 Questions
Exam 14: Influence, Power, and Leadership157 Questions
Exam 15: Change, Conflict, and Negotiation160 Questions
Exam 16: Organizational Control and Quality Improvement162 Questions
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The best way to test your ethical standards and principles is to consider a ____ ethical question and see which of the ten ethical principles is most likely to guide your ____.
Free
(Multiple Choice)
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Correct Answer:
C
Aqua-Wave Aquariums (AWA)
Ben, Jeremiah, and Stacey, senior executives at AWA, are discussing the recent complaint by a consumer protection agency that a particular aquarium model is prone to leaks. Ben argues that the company's only responsibility is to maximize profits (within legal and market parameters, of course), so AWA should simply deny any responsibility and resist change. Jeremiah argues that AWA should put up a legal fight and use a public relations campaign to avoid assuming additional responsibilities. Stacey can't accept either argument. She favors taking the initiative and establishing a positive role model for the aquarium industry. Stacey argues that AWA's actions should result in greater good than harm for the society of which they are a part.
-Refer to Aqua-Wave Aquariums. Stacey's arguments reflect which of these general ethical principles?
Free
(Multiple Choice)
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(81)
Correct Answer:
E
____ ensures the efficient use of society's resources, according to the arguments against corporate social responsibility.
Free
(Multiple Choice)
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Correct Answer:
D
"Honesty is the best policy" is an instrumental value, because it is an enduring belief in a certain way of behaving.
(True/False)
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____ represents the correct sequence of low-to-high degrees of social responsibility on the continuum of social responsibility strategies.
(Multiple Choice)
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Jessica is a supervisor at Trekkers, an outdoor apparel company. For years, Jessica has been advocating that Trekkers increase its involvement in the community by performing services and providing goods to the less fortunate. Jessica can best be described as a(n)
(Multiple Choice)
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Dorothy Doogan lives near Allbrite, a paper manufacturing facility. She has recently noticed noxious fumes coming from the factory that give her severe headaches. Which stakeholder group should Allbrite address to improve social responsibility?
(Multiple Choice)
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(75)
Which of these involves the practice of reporting perceived unethical practices to outsiders such as the media or government agencies?
(Multiple Choice)
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In the largest health care fraud settlement in history, pharmaceutical giant Pfizer must pay $2.3 billion in penalties.
(True/False)
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(67)
Managers are not directly responsible to the people because they ____, according to the arguments against corporate social responsibility.
(Multiple Choice)
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According to researchers' conclusions, there is a negative correlation between industry leadership in environmental protection/pollution control and profitability.
(True/False)
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(81)
PetLine.com
PetLine.com is an online retailer of pet supplies and toys. Daphne, the founder and CEO, believes that her company's only responsibility is to make as much profit as possible. However, Yasmine, the human resources director, has been arguing for providing a comfortable and safe work environment for the employees, especially through ergonomically appropriate furnishings to prevent problems such as carpal tunnel syndrome and backaches. Yasmine argues that PetLine.com should be concerned about satisfying the competing and conflicting expectations of many groups in society, not simply satisfying the stockholders. Daphne disagrees with Yasmine and says: "Well, if any health-related problems arise we'll just deny the responsibility."
-Refer to PetLine.com. Yasmine's beliefs about profit are representative of which business model?
(Multiple Choice)
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What was the highest-ranking terminal value in a survey of 220 U.S. managers?
(Multiple Choice)
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Opponents of social responsibility argue that a better society means a better environment for doing business.
(True/False)
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According to corporate social responsibility proponents, accommodation should become management's preferred response in both good times and bad.
(True/False)
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(64)
A long-run benefit of socially responsible operations includes easier recruitment of talented and socially-conscious personnel.
(True/False)
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(72)
Denial of injury occurs when the actors are convinced that no one is harmed by their actions; hence the actions are rationalized as not really corrupt.
(True/False)
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Which of these actions conforms to the definition of corporate social responsibility?
(Multiple Choice)
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