Question 1

Providing daycare centers to employees is an example of which of Archie Carroll's responsibilities?

Accepted Answer

A)  economic 
B)  legal 
C)  justice 
D)  ethical 
E)  discretionary 
A)  economic 
B)  legal 
C)  justice 
D)  ethical 
E)  discretionary

Question 2

According to Archie Carroll,the responsibility that management of a business organization has to produce goods and services of value to society so that the firm may repay its creditors and stockholders is called

Accepted Answer

A)  legal responsibilities. 
B)  ethical responsibilities. 
C)  economic responsibilities. 
D)  financial responsibilities. 
E)  discretionary responsibilities. 
A)  legal responsibilities. 
B)  ethical responsibilities. 
C)  economic responsibilities. 
D)  financial responsibilities. 
E)  discretionary responsibilities.

Question 3

Which of the following companies was cited by the text as an example of a company which does its best to consider its responsibilities to its primary and secondary stakeholders when making strategic decisions?

Accepted Answer

A)  McDonald's 
B)  Maytag 
C)  Johnson & Johnson 
D)  Microsoft 
E)  Enron 
A)  McDonald's 
B)  Maytag 
C)  Johnson & Johnson 
D)  Microsoft 
E)  Enron

Question 4

The concept of social responsibility proposes that a corporation has responsibilities to society that extend beyond making a profit.

Accepted Answer

A) True 
 B)False

Question 5

Law is defined as

Accepted Answer

A)  formal codes that permit or forbid certain behaviors and may or may not enforce ethics or morality. 
B)  a general rule of conduct of personal behavior, based on religious or philosophical grounds. 
C)  consensually accepted standards of behavior for an occupation, trade, or profession. 
D)  imposing one's morality upon another. 
E)  voluntary obligations assumed by an individual or organization. 
A)  formal codes that permit or forbid certain behaviors and may or may not enforce ethics or morality. 
B)  a general rule of conduct of personal behavior, based on religious or philosophical grounds. 
C)  consensually accepted standards of behavior for an occupation, trade, or profession. 
D)  imposing one's morality upon another. 
E)  voluntary obligations assumed by an individual or organization.

Question 6

All of the following are considered secondary stakeholders EXCEPT

Accepted Answer

A)  governments. 
B)  suppliers. 
C)  competitors. 
D)  trade associations. 
E)  activists. 
A)  governments. 
B)  suppliers. 
C)  competitors. 
D)  trade associations. 
E)  activists.

Question 7

According to a 2011 survey by the Ethics Resource Center,which was not cited as one of the most common questionable behaviors that employees engage in?

Accepted Answer

A)  cutting corners on quality 
B)  misusing company time 
C)  lying to employees 
D)  engaging in abusive behavior 
E)  violating Internet use policies 
A)  cutting corners on quality 
B)  misusing company time 
C)  lying to employees 
D)  engaging in abusive behavior 
E)  violating Internet use policies

Question 8

Research indicates that when faced with a question of ethics,managers tend to ignore codes of ethics and try to solve their dilemma on their own.

Accepted Answer

A) True 
 B)False

Question 9

Former Enron Vice-President Sherron Watkins used the ________ analogy to explain why executives at Enron engaged in unethical and illegal actions.

Accepted Answer

A)  borrowing earnings 
B)  Napoleon complex 
C)  moral relativism 
D)  frogs in boiling water 
E)  distributive justice 
A)  borrowing earnings 
B)  Napoleon complex 
C)  moral relativism 
D)  frogs in boiling water 
E)  distributive justice

Question 10

The approach to ethical behavior which proposes that human beings have certain fundamental rights that should be respected in all decisions,thus avoiding interfering with the rights of others is called

Accepted Answer

A)  individual rights approach. 
B)  mercantilism approach. 
C)  utilitarian approach. 
D)  justice approach. 
E)  moral imperialism approach. 
A)  individual rights approach. 
B)  mercantilism approach. 
C)  utilitarian approach. 
D)  justice approach. 
E)  moral imperialism approach.

Question 11

"When in Rome,do as the Romans do" reflects which type of moral relativism?

Accepted Answer

A)  naive relativism 
B)  role relativism 
C)  principled relativism 
D)  cultural relativism 
E)  social group relativism 
A)  naive relativism 
B)  role relativism 
C)  principled relativism 
D)  cultural relativism 
E)  social group relativism

Question 12

Which of the following statements is not true concerning secondary stakeholders?

Accepted Answer

A)  Secondary stakeholders are those who have only an indirect stake in the corporation, but who are affected by corporate activities. 
B)  Secondary stakeholders may include non-governmental organizations (like Greenpeace) and trade associations. 
C)  Because the corporation's relationship with each of these stakeholders is usually not covered by any written or verbal agreement, there is room for misunderstanding. 
D)  Aside from competitors, secondary stakeholders are not usually monitored by the corporation in any systematic fashion. 
E)  Secondary stakeholders have sufficient bargaining power to directly affect the corporation's activities. 
A)  Secondary stakeholders are those who have only an indirect stake in the corporation, but who are affected by corporate activities. 
B)  Secondary stakeholders may include non-governmental organizations (like Greenpeace) and trade associations. 
C)  Because the corporation's relationship with each of these stakeholders is usually not covered by any written or verbal agreement, there is room for misunderstanding. 
D)  Aside from competitors, secondary stakeholders are not usually monitored by the corporation in any systematic fashion. 
E)  Secondary stakeholders have sufficient bargaining power to directly affect the corporation's activities.

Question 13

Issues in affirmative action such as reverse discrimination are examples of conflicts between

Accepted Answer

A)  compensatory and punitive justice. 
B)  retributive and distributive justice. 
C)  distributive and compensatory justice. 
D)  retributive and compensatory justice. 
E)  punitive and retributive justice. 
A)  compensatory and punitive justice. 
B)  retributive and distributive justice. 
C)  distributive and compensatory justice. 
D)  retributive and compensatory justice. 
E)  punitive and retributive justice.

Question 14

The Golden Rule is the same as one of Immanuel Kant's categorical imperatives to resolve ethical dilemmas.

Accepted Answer

A) True 
 B)False

Question 15

All of the following reasons provide rationale for unethical behavior EXCEPT

Accepted Answer

A)  the impact of cultural norms and values. 
B)  differences in values between business people and key stakeholders. 
C)  ambiguous rules. 
D)  agreement among stakeholders and business people that unethical behavior is acceptable. 
E)  difficulty of one group to understand another's actions. 
A)  the impact of cultural norms and values. 
B)  differences in values between business people and key stakeholders. 
C)  ambiguous rules. 
D)  agreement among stakeholders and business people that unethical behavior is acceptable. 
E)  difficulty of one group to understand another's actions.

Question 16

Secondary stakeholders have a direct connection with the corporation and have sufficient bargaining to directly affect corporate activities.

Accepted Answer

A) True 
 B)False

Question 17

Moral relativism could enable a person to justify almost any sort of decision or action,so long as it is not declared illegal.

Accepted Answer

A) True 
 B)False

Question 18

Stakeholders are all constituencies that affect and are affected by the achievement of the firm's objectives.

Accepted Answer

A) True 
 B)False

Question 19

According to Archie Carroll,the responsibilities defined by government in laws for management to obey are

Accepted Answer

A)  legal responsibilities. 
B)  ethical responsibilities. 
C)  financial responsibilities. 
D)  economic responsibilities. 
E)  discretionary responsibilities. 
A)  legal responsibilities. 
B)  ethical responsibilities. 
C)  financial responsibilities. 
D)  economic responsibilities. 
E)  discretionary responsibilities.

Question 20

What is moral relativism? What are the four types of moral relativism?

Accepted Answer

Moral relativism claims that morality is

Providing daycare centers to employees is an example of which of Archie Carroll's responsibilities?

According to Archie Carroll,the responsibility that management of a business organization has to produce goods and services of value to society so that the firm may repay its creditors and stockholders is called

Which of the following companies was cited by the text as an example of a company which does its best to consider its responsibilities to its primary and secondary stakeholders when making strategic decisions?

The concept of social responsibility proposes that a corporation has responsibilities to society that extend beyond making a profit.

Law is defined as

All of the following are considered secondary stakeholders EXCEPT

According to a 2011 survey by the Ethics Resource Center,which was not cited as one of the most common questionable behaviors that employees engage in?

Research indicates that when faced with a question of ethics,managers tend to ignore codes of ethics and try to solve their dilemma on their own.

Former Enron Vice-President Sherron Watkins used the ________ analogy to explain why executives at Enron engaged in unethical and illegal actions.

The approach to ethical behavior which proposes that human beings have certain fundamental rights that should be respected in all decisions,thus avoiding interfering with the rights of others is called

"When in Rome,do as the Romans do" reflects which type of moral relativism?

Which of the following statements is not true concerning secondary stakeholders?

Issues in affirmative action such as reverse discrimination are examples of conflicts between

The Golden Rule is the same as one of Immanuel Kant's categorical imperatives to resolve ethical dilemmas.

All of the following reasons provide rationale for unethical behavior EXCEPT

Secondary stakeholders have a direct connection with the corporation and have sufficient bargaining to directly affect corporate activities.

Moral relativism could enable a person to justify almost any sort of decision or action,so long as it is not declared illegal.

Stakeholders are all constituencies that affect and are affected by the achievement of the firm's objectives.

According to Archie Carroll,the responsibilities defined by government in laws for management to obey are

What is moral relativism? What are the four types of moral relativism?

Basic Concepts in Strategic Management

Corporate Governance

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters

Exam 3: Social Responsibility and Ethics in Strategic Management

Providing daycare centers to employees is an example of which of Archie Carroll's responsibilities?

According to Archie Carroll,the responsibility that management of a business organization has to produce goods and services of value to society so that the firm may repay its creditors and stockholders is called

Which of the following companies was cited by the text as an example of a company which does its best to consider its responsibilities to its primary and secondary stakeholders when making strategic decisions?

The concept of social responsibility proposes that a corporation has responsibilities to society that extend beyond making a profit.

Law is defined as

All of the following are considered secondary stakeholders EXCEPT

According to a 2011 survey by the Ethics Resource Center,which was not cited as one of the most common questionable behaviors that employees engage in?

Research indicates that when faced with a question of ethics,managers tend to ignore codes of ethics and try to solve their dilemma on their own.

Former Enron Vice-President Sherron Watkins used the ________ analogy to explain why executives at Enron engaged in unethical and illegal actions.

The approach to ethical behavior which proposes that human beings have certain fundamental rights that should be respected in all decisions,thus avoiding interfering with the rights of others is called

"When in Rome,do as the Romans do" reflects which type of moral relativism?

Which of the following statements is not true concerning secondary stakeholders?

Issues in affirmative action such as reverse discrimination are examples of conflicts between

The Golden Rule is the same as one of Immanuel Kant's categorical imperatives to resolve ethical dilemmas.

All of the following reasons provide rationale for unethical behavior EXCEPT

Secondary stakeholders have a direct connection with the corporation and have sufficient bargaining to directly affect corporate activities.

Moral relativism could enable a person to justify almost any sort of decision or action,so long as it is not declared illegal.

Stakeholders are all constituencies that affect and are affected by the achievement of the firm's objectives.

According to Archie Carroll,the responsibilities defined by government in laws for management to obey are

What is moral relativism? What are the four types of moral relativism?

Basic Concepts in Strategic Management

Corporate Governance

Environmental Scanning and Industry Analysis

Organizational Analysis and Competitive Advantage

Strategy Formulation: Business Strategy

Strategy Formulation: Corporate Strategy

Strategy Formulation: Functional Strategy and Strategic Choice

Strategy Implementation: Global Strategy

Strategy Implementation: Organizing and Structure

Strategy Implementation: Staffing and Directing

Evaluation and Control

Suggestions for Case Analysis

Filters