Exam 4: The Ethical and Social Environment

Describe the three emerging ethical issues in business today.

All of the following are basic approaches to social responsibility EXCEPT

The treatment of employees by the organization includes which area of ethical concern?

Briefly describe the three major areas of special concern with respect to managerial ethics.

Laws that deal with how agrichemical companies dispose of hazardous wastes are examples of

Firms that adopt a(n)____________________ approach take to heart the arguments in favor of social responsibility.They view themselves as citizens in a society and seek opportunities to contribute.

The Sarbanes-Oxley Act requires the ____ to vouch for the truthfulness and fairness of the firms' financial disclosures.

Legal and ethical guidelines suggest that hiring and firing decisions should be based solely on an individual's ability to perform the job.

Political leaders and corporate executives who meet socially and influence each other are networking through ____________________.

When a company does a social audit,what does it need to review?

Auto manufacturers are required to attain a certain average fuel-efficiency level for all the cars they sell.They try to attain the mandated levels,but they also try to get deadline extensions.The auto makers' approach to social responsibility is a(n)____ stance.

The existence of laws and regulations makes it necessary for companies that strive to be responsible to their stakeholders to concentrate first and foremost on government.

Which of the following is NOT an example of a formal approach to social responsibility?

Do you think current regulations regarding how corporations influence government,and vice versa,are adequate? Why?

The Coca-Cola Foundation awarded grants to communities for water conservation and community recycling.This is an example of which area of social responsibility?

Our government uses the tax codes to indirectly influence our behavior.

Genzyme is a pharmaceutical company that manufactures Cerdase,a drug that treats a genetic illness called Gaucher's disease,which is a life-threatening illness that affects 20,000 people worldwide.A year's supply of the drug costs $200,000.Given what you know about the various approaches to social responsibility,you might assume that Genzyme takes a(n)____ stance.

Briefly describe how the organizational context can have an influence on the ethical behavior of individual participants in the organization.

Which of the following is NOT an example of a situation in which a manager is likely to be called on to make an ethical decision regarding the relationship of the firm to the employee?

The real story of Sam Childers depicted in the movie Machine Gun Preacher shows a missionary and soldier willing to use violence to protect Sudanese orphans.His use of violence is a(n)____________________ dilemma.