Exam 5: Managements Social and Ethical Responsibilities

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Corporate charitable giving is frequently described as

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____ values involve end-states of existence, whereas ____ values relate to ways of behaving.

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Ethics refers to the study of

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Crisp Cut Inc., a meat-cutting machine manufacturer, went against industry norms and took the initiative to install important but costly safety features. What social responsibility strategy was it following?

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In an effort to repair its damaged public image, Pfizer pharmaceutical company created a free-drug program for people who lost their jobs.

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The realization that business ultimately helps itself by helping to solve societal problems defines

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Which statement best represents the general ethical principle of contributive liberty?

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Describe the arguments for and against corporate social responsibility. What is your personal leaning, and why?

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An ethical advocate is assigned the specific role of critical questioner, and may also be asked to sit in on top-management decision deliberations.

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According to research, the most effective way of getting managers to behave ethically is to simply tell them to be good and act professionally.

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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. If Yasmine wants to convince Daphne about social responsibility, which of these arguments should she not use?

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The general public today wants businesses to make as much profit as possible because it is a win-win situation.

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____ is the number one workplace hot spot responsible for triggering unethical and illegal conduct, according to research.

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According to supporters of corporate social responsibility, businesses lack the resources to tackle today's complex societal problems, therefore requiring government intervention.

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A Taco Bell manager reinforces a(n) ____ value when emphasizing the importance of honest behavior.

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The arguments against corporate social responsibility indicate that business

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Those who favor the ____ model of business are concerned about satisfying all stakeholders while pursuing a profit.

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One expert on the subject believes amoral managers far outnumber moral managers.

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The father of the classical economic model of business is

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In a survey of U.S. employees from all levels across several industries, ____ percent admitted to at least one illegal or unethical act from a list of 25 questionable practices.

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