Exam 4: Ethics and Social Responsibility

Managers at Enron prevented employees from selling Enron shares in their pension funds while they sold hundreds of millions of dollars' worth of their own Enron stock.This illustrates the_____ approach to social responsibility.

WorldCom gave managers stock options and bonuses even when the company performance was declining, and managers sold their stock in advance of other stockholders.This illustrates the_____ approach.

Bob gave a talk to his employees about standards that govern how members of their profession should conduct themselves.He was talking about ______ ethics.

If a company's top managers consistently endorse the ethical principles in its corporate credo, they can prevent employees from going astray.

Jackie's computer at work was not working properly, so without permission, Jackie used her coworker's computer to complete some administrative tasks.While she was logged into the coworker's computer, Jackie noticed that her coworker was using the computer for personal use to get emails, download files, and visit social media sites.Jackie wants to warn her coworker about the strict rule in the department that employees cannot use company computers for personal use, but she is hesitant to say something.Explain how this situation is an ethical dilemma for Jackie.

The _______ approach to social responsibility is most likely to be taken by a typical large U.S.company.

Under the practical rule, a manager would not be reluctant to communicate a decision to people outside the company when

The board and top managers of a nonprofit organization have considerable latitude to decide how they will spend the organization's resources because

Which of the following statements is true about the role of organizational culture?

One managerial implication of the justice model is that managers should base their decisions on

Discuss how the community, society, and nation-state stakeholders benefit from the TOMS Company.

The _____ stakeholder group is considered to be the most critical.

Which of the following stakeholder group's individual ethics are important in shaping the organizational code of ethics?

_____ have a claim on an organization because they bring to it their skills, expertise, and experience.

Bank of America's plan to reduce the workforce in its consumer banking unit by thousands will

The utilitarian rule states that an ethical decision is a decision that

_____ encourage employees to behave in a socially responsible manner.

From a moral rights perspective, managers should consider courses of action that respect the fundamental rights of others.

Which of the following approaches is characterized by the highest degree of social responsibility?

According to the_____ approach, companies and their managers behave legally and ethically and try to balance the interests of different stakeholders as the need arises.