Exam 5: Managing Ethics and Social Responsibility

Principle-based statements define fundamental values and contain general language about company responsibilities, quality of products, and treatment of employees.

The right of free consent, the right to privacy, and the right of freedom of conscience are rights that should be considered in the moral rights approach.

Caleb is a manager at Computer-Care Company. He is expected to consider the effort of each decision alternative on all parties and select the one that optimizes the satisfaction for the greatest number of people. This is an example of the

The domain of codified law pertains to behavior about which the law has no say and for which an individual or organization enjoys complete freedom.

Which of the following concepts proposes that corporations can alleviate poverty and other social ills, as well as make significant profits, by selling to the world's poorest people?

Many stakeholders are requiring organizations to report the triple bottom line, which refers to ____, ____, and ____.

Explain the concept of a stakeholder and list five common stakeholders.

The great majority of managers operate at the

____________________ responsibility is purely voluntary and guided by a company's desire to make social contributions not mandated by economics, law, or ethics.

Procedural justice requires that different treatment of people not be based on arbitrary characteristics.

With respect to appropriate corporate behavior, what society deems ____ as important.

In the individualism approach, the right of free speech must be considered.

____ matches with the preconventional level of personal moral development.

Which approach is the ethical concept that moral behaviors produce the greatest good for the greatest number?

When an official is given the responsibility of overseeing all aspects of ethics and legal compliance. S/he is referred to as

Policy-based statements generally outline the procedure to be used in specific ethical situations.