Exam 4: Business Ethics and Corporate Social Responsibility

All businesses have the capacity to cause harm to employees,customers,other companies,their communities,and investors.

What is consumerism? List the fundamental consumer rights.

Compare and contrast cap and trade programs and sustainable development.

The Civil Rights Act of 1991 amended the original act,and ________.

Since its inception,Whole Foods Market has contributed 5% of its profits to charitable endeavors.At Whole Foods Market,company leaders believe they have responsibilities beyond making a profit.The firm has a ________ approach to CSR.

An eco-friendly health resort claims to be environment friendly,and markets itself as an eco-resort.However,it engages in irresponsible activities such as wastage of water,disposal of plastic and other untreated wastes into the water bodies,and cutting trees in protected areas to expand its facilities.This is an example of ________.

LK Manufacturing Group,a company that manufactures home appliances,supports a community sports center to nurture the city's athletic talent as well as promote fitness activities,without regard for any direct business benefits.This exemplifies ________.

The degree to which information flows freely within an organization is termed as insider trading.

Philanthropy involves social contributions that are directly aligned with a company's business strategy.

Ethics are principles and standards of moral behavior that are accepted by society as "right" or "wrong."

In ________ 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.

Which of the following approaches to resolving ethical dilemmas advocates choosing the option that delivers the most good for the most people?

The Resource Recovery Act (1970)________.

Nongovernmental organizations are ________.

According to the ________ view,the only social responsibility of business is to pay taxes and obey the law.

________ is the study of the relationship between organisms and the natural environment.

An employee at Cleveland Medical Center informs the media of certain health law violations and negligence that lead to documented illness and even death in certain cases.This is an example of ________.

Production facilities that treat workers poorly are referred to as ________.

A situation in which an individual makes a decision that is morally wrong or illegal is an ethical dilemma.

Companies that engage in cynical CSR believe that the only social responsibility of business is to pay taxes and obey the law.