Exam 5: Ethics,Social Responsibility and Sustainable Development

Explain the difference between an organisation's 'ethical responsibilities' and their 'discretionary responsibilities'.

When a person follows self-chosen principles of justice,and they are aware that people hold different values and seek creative solutions to ethical dilemmas,they are said to be in what stage of moral development?

A new drug has not been approved by the federal government to sell in Australia because further testing is needed.The company has a chance to sell its product in Asia immediately to start recovering the costs of R & D and production three years ahead of time.This example places the decision in which of the categories from the text?

The four corporate responses to social demands are obsessive,defensive,accommodative and protective behaviours.

Each of the following are considered the 'why' of sustainable development,except:

Explain the concept of a 'moral right'.List 10 moral rights that you believe everyone in society should be allowed.

Individualism asserts that when people maximise their own outcomes without deception or fraud,the greatest good for society is achieved.

Employee disclosure of illegal organisation activities is known as _________________.

Found between the domains of law and free choice,ethics is the code of principles that governs individuals and/or groups.

The utilitarian approach to ethical decision-making holds that the action that produces the greatest good to the greatest number is the only ethical action to take.

List the four approaches for undertaking ethical decision making discussed in the text.

____________________ is the code of principles and values that govern the behaviours of a person or group with respect to what is right or wrong.

Identify and define the seven structural variables the text states are relevant to building an ethical organisation.Use examples to illustrate your answer.

Socially responsible investment involves investing in companies which,in the judgement of the investor,do not harm people or the environment through their activities.

Differentiate between a shareholder and a stakeholder.

The hierarchy of total corporate social responsibility (from most basic to most important)is considered to be the following: economic responsibility,ethical responsibility,legal responsibility,discretionary responsibility.

Corporate Social Responsibility is management's obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organisation.

____________________________(two words)refers to a systematic method that identifies expectations,needs,importance and relative power of various stakeholder groups.

Tamako is a manager at Ozzy No-waste Corporation.One of her employees has been cheating the company out of expense money.Tamako must decide whether or not to fire this employee.In this role,Tamako is acting as:

__________________ is an example of an ethical structure.