Exam 5: Managing Ethics and Social Responsibility

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The disclosure by an employee of illegal, immoral, or illegitimate practices by the organization is called whistle-blowing.

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The decision by the CSX to downsize and reduce its labor force is in the

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Ethical behavior occurs when decisions enable an individual or company to gain at the expense of society.

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A(n) ____________________ arises in a situation when each alternative choice or behavior is undesirable because of potentially harmful ethical consequences.

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What type of a stakeholder would a nature conservation group be for a paper manufacturing company?

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Managers are often concerned good citizenship will hurt performance.

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List three examples of primary stakeholders.

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With a philosophy of ____, managers weave environmental and social concerns into every strategic decision, revise policies and procedures to support these efforts and goals.

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The conventional stage of moral development is best described by which of the following statements?

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The ____________________ is an individual responsible for making an ethical choice.

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____________________ justice argues that individuals should be compensated for the cost of their injuries by the party responsible.

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MANAGER'S SHOPTALK in Chapter 5 recommends that when challenging your boss on ethical issues you do not demand a resolution on the spot.

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The NEW MANAGER SELF-TEST in Chapter 5 suggests that displaying courage in a group situation often reflects a person's level of moral development.

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The golden rule "do unto others as they would do unto you" is

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List the four criteria for ethical decision-making described in the book.

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The ethical concept that moral behaviors produce the greatest good for the greatest number is referred to as ____________________ approach.

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A formal statement of the organization's values regarding moral principles and governing its response to social values is called a code of ethics.

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____ includes behavior that is not always written down and may actually not serve an organization's bottom-line.

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People making decisions based on an internal set of beliefs that has more meaning to them than the expectations of others

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A new drug has not been approved by the FDA to sell in the U.S. because further testing is needed. The company has a chance to sell its product in another country 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?

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