Exam 5: Managing Ethics and Social Responsibility

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Management's obligation to make choices that will contribute to the well being of both the organization and society is known as ____________________.

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Statements that define fundamental values and reference organizational responsibilities, products and employees are often called ____.

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Scenario - Larry Campbell The pressure was on again. Larry Campbell, the Vice President at ToolTime Hardware, Inc., was receiving requests from men and women inside the firm and outside the firm, asking him to review the company's promotion policies. Of the 52 middle and high level executives, only three were women. The pressure was to review the policies that had led to this perceived imbalance and, if appropriate, take the steps necessary for correction. -Using the justice approach for ethical decision-making, the logic of promoting qualified men and women would be supported by

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A code of ____ is a formal statement of the company's values concerning ethics and social issues.

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The ethical concept that argues that moral behaviors produce the greatest good for the greatest number of people is objective dualism.

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People learn to conform to the expectations of good behavior that are set by peers and society at the ____________________ level.

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Define ethics and explain how the domain of ethics relates to law and free choice.

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The Sarbanes-Oxley Act provides some safety for whistle-blowers.

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A public poll finds that 79 percent of respondent believe questionable business practices are widespread.

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____ refers to the concept that different treatment of people should not be based on arbitrary characteristics.

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____ means that managers are honest and trustworthy, fair in their dealings with employees and customers, and behave ethically in both their personal and professional lives.

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Individualism is most closely related to

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The ____________________ approach assets that human beings have fundamental rights and liberties that cannot be taken away by an individual's decision.

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Which of the following is not a concern to managers under the justice approach?

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Economic responsibility defines what society deems as important with respect to appropriate corporate behavior.

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Which of the following is NOT a normative ethics approach?

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Free choice lies between the domains of codified law and ethics.

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Only about ____ percent of American adults reach the level-three stage of moral development.

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If something is ethical, it must not be illegal.

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Robbie's Robots decided to continue operations at one plant while shutting down another. The decision was justified on the basis of what was best for the total corporation. This is an example of the

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