Exam 4: Business Ethics and Corporate Social Responsibility

________ is the study of how people interact with computers and other machines.

Which of the following regulatory agencies is responsible for monitoring the hiring practices of companies and can require them to compensate individuals who have been victimized by unfair hiring practices.

Corporate social responsibility refers to ________.

Activities undertaken by businesses to recruit and promote members of groups whose economic progress had been hindered through either legal barriers or established practices are known as ________.

The use of unpublicized information that an individual gains from the course of his or her job,in order to benefit from fluctuations in the stock market,is called ________.

A leading pharmaceutical company found that a newly launched,over-the-counter drug might have certain negative side effects such as mood changes,which were not identified during the clinical trials.To avoid unnecessary losses,the company does not inform the public about the probable side effects.In this example,the company ________.

The Magnuson-Moss Warranty Act (1975)requires complete written warranties in ordinary language and requires warranties to be ________.

In proactive CSR,company leaders believe they have responsibilities beyond making a profit,and they back up their beliefs and proclamations with actions taken on their own initiative.

Compare and contrast discrimination and affirmative action.

Compare and contrast insider trading and whistle-blowing.

Publicity efforts that portray a company as being environmentally friendly when its actions speak otherwise are called ________.

Culture is not a determinant of ethical behavior.

A company helps develop the workforce by supporting job-training efforts.This is an example of ________.

Business and society are mutually dependent; therefore,choices that weaken one or the other will ultimately weaken both.

President John F.Kennedy announced a "bill of rights" for consumers,laying the foundation for a wave of consumer-oriented legislation.

Under ________,lawmakers establish maximum allowable amounts of a pollutant that an industry is allowed to emit and distribute individual allowances to all companies in that industry.

________ is defined as meeting the needs of the present without compromising the ability of future generations to meet their own needs.

Which of the following statements is TRUE?

John,a business owner,refuses to contribute to social causes.He argues that he is an honest,law abiding businessman who never evades his taxes.He states that by providing good quality products at a fair price,he has fulfilled his company's obligation to society.John would be said to have a ________ approach to CSR.

When someone uses the justice approach as a way to resolve an ethical dilemma,he or she seeks the greatest good for the most people.