Exam 3: Social Responsibility and Ethics in Strategic Management

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As societal values evolve,it is likely that the ________ responsibilities of today may become the ________ responsibilities to tomorrow.

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According to a 2013 survey by the Ethics Resource Center,which of the following was cited as a significant positive trend?

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Explain the difference between Milton Friedman and Archie Carroll's approaches to the responsibilities of business.

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Both Milton Friedman and Archie Carroll argue their positions based on the impact of socially responsible actions on a firm's profits.Friedman says that socially responsible actions hurt a firm's efficiency.Carroll proposes that a lack of social responsibility results in increased government regulations,which reduce a firm's efficiency.Friedman argues that profit maximization is the firm's primary responsibility.Carroll argues that firms have economic,legal,ethical,and discretionary responsibilities.

The statement,"When in Rome,do as the Romans do," reflects the essence of cultural relativism.

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In 2011,the Ethics Resource Center found that ________ percent of employees surveyed had witnessed misconduct at work and ________ percent had reported it.

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Law refers to formal codes that permit or forbid certain behaviors and may or may not enforce ethics or morality.

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Of the six values measured by the Allport-Vernon-Lindzey Study of Values test,both U.S.and British executives consistently score highest on ________ values and lowest on ________ values.

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Which of the following is not one of the examples provided as an organizational benefit received from being socially responsible?

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Morality is defined as

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A company may have some stakeholders of which it is only marginally aware and in some cases does not seem interested in appeasing.

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Using the Golden Rule and never treating another human being simply as a means but always as an end are the categorical imperatives of

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A code of ethics is important to clarify company expectations of employee conduct in various situations and to

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According to the utilitarian approach,CEOs give priority to the stakeholders who have the most

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According to Kohlberg,the first level of moral development,characterized by concern for self,is called

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Kohlberg's pre-conventional level is characterized by a person's adherence to an internal moral code.

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Economist Milton Friedman has argued that a business's only responsibility is to

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According to Kohlberg,the second level of moral development,characterized by considerations of society's laws and norms,is called

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As opposed to rule-based countries,relationship-based countries tend to

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Who said that the social responsibility of business is a "fundamentally subversive doctrine" and that the one social responsibility of business is "to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game..."?

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Archie Carroll's four responsibilities listed in order of priority are

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