Exam 3: Business Ethics and Corporate Social Responsibility

According to the decision-making model that is drawn heavily from the thoughts of Joseph L.Badaracco Jr.,the question,"What course is consistent with personal morality and the basic values of the company?" draws from Machiavellian thought.

Deontological ethical theory focuses on:

According to the decision-making model that is drawn heavily from the thoughts of Joseph L.Badaracco Jr.,the question,"Which course of action is feasible?" recognizes that when a particular option is believed to be feasible,the manager's work is considered done.

The revised version of "Principles of Corporate Governance" of the Organization for Economic Cooperation and Development insists on:

Which of the following statements best describes the phenomenon called risky shift?

Advocates for socially responsible corporations sometimes recommend that corporations can sensitize themselves to outside concerns by restructuring their corporate decision-making processes by:

Market forces serve as a sufficient control on corporate behavior because the market always reveals social and environmental harm.

Which of the following is a reason why large corporations have the ability to influence legislation?

Critics of capitalism and Corporate America increasingly argue that corporations should follow socially responsible standards higher than that imposed by law.

The problem with the view that a corporation should attempt to act in the best interests of all of its various constituencies is that:

Corporate social responsibility advocates argue that ethical guidance for corporate managers may come from:

Many corporations initiate legislation in order to:

The tendency for members of a group to internalize the group's values and perceptions and to suppress critical thought is known as _____.

Law may not be up to the task of forcing corporations to engage in ethical behavior for a number of reasons,including that:

Which of the following is a teleological theory based on the laissez-faire theory of capitalism?

For companies transacting business across the globe,the identification of common values may be very daunting because culture may have strong influences on the ethical attitudes of business managers.

According to the decision-making model that is drawn heavily from the thoughts of Joseph L.Badaracco Jr.,the question "Which alternative best serves others' rights?" is teleological in nature in that it draws from Machiavellian thought.

The Organization for Economic Cooperation and Development is an international institution created for the purpose of promoting harmonized rules where multilateral cooperation is necessary.

Under Kantianism,an ethical decision is one that maximizes utility for society as a whole.

Explain the theory of allocational efficiency.Describe some of its some of the criticisms levied against the theory.