Exam 4: The Ethical and Social Environment

During the Obama administration,the Department of Justice worked to block Boeing Corporation from moving a facility from a pro-union state to a non-union state.The DOJ's actions were unprecedented.Boeing is an international company.Was the DOJ's lawsuit ethical? Why?

Bernard Madoff defrauded clients out of millions of dollars.This was a failure of ethical leadership.

After Japan won the World Cup one of its players apologized profusely for appearing to criticize the coach.American athletes in many sports criticize fellow players,coaches,and managers.This is an example of how ethical behavior is similar across cultures.

Match the following.You may use a response once,more than once,or not at all.

Which of the following statements about legal compliance is TRUE?

The Siemens Foundation uses money to support and promote the importance of math,science,and technology education.It is taking a(n)____ approach to social responsibility.

Managers who agree with Milton Friedman's economic arguments against social responsibility will most likely take an approach to social responsibility known as a(n)____ stance.

How does the Sarbanes-Oxley Act affect ethical leadership?

The ____________________ Act requires CEOs and CFOs to personally vouch for the truthfulness and fairness of their firms' financial disclosures.

Which of the following actions is NOT part of an organization's attempts to evaluate social performance?

According to the concept of managerial ethics,which of the following is NOT considered an economic agent?

All of the following are common approaches that businesses use to influence government EXCEPT

____________________ have become almost commonplace in today's world.Ranging from business to sports to politics to the entertainment industry,they have rocked stakeholder confidence and called into question the moral integrity of our society.

Judith Cruz,the executive director of the Treasure Coast Food Bank,had a logistics problem.She contacted Wal-Mart to ask for management advice.Members from Wal-Mart's distribution team arrived at the food bank,helping it improve its warehousing,sorting,and routing,to allow more food deliveries per week.The food bank went from serving 42,000 meals per week to more than 100,000 meals.This is an example of the ____ approach to social responsibility.

The primary agents of interest for an organization besides employees include customers,competitors,stockholders,suppliers,dealers,and unions.

____________________ justice refers to the perceived fairness of information used to arrive at decisions.

Which of the following represents an attempt to manage social responsibility by means of what the text calls ethical compliance?

A code of ethics will ensure ethical behavior by employees.

Which of the following statements is NOT one of the arguments offered in favor of social responsibility?

Match the following.You may use a response once,more than once,or not at all.