Exam 4: Ethics and Social Responsibility

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Define ethical dilemma, moral scruples, and ethics, and explain how they are related.

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Some websites offer free streaming and downloading of movies, games, and music.Websites like these demonstrate that the pursuit of self-interest can lead to a collective disaster when one or more people start to profit from being unethical because this encourages other people to act in the same way.This exemplifies a situation known as the

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"An ethical decision is one that a typical person in a society would think is acceptable" is a statement that reflects the practical rule.

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Dianna has witnessed her manager harassing a coworker on multiple occasions.Dianna knows that she should report the incidents to a superior manager, but she is hesitant to report the inappropriate behavior because she thinks she could lose her job.This example illustrates a(n)

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________ is the idea that the pursuit of self-interest with no consideration for societal interests leads to disaster.

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In today's business world, top executives are receiving large salaries and unbelievable stock options.Is it ethical for managers to receive these amounts? Argue both sides of this question.

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Ethical beliefs change over time.Give an example of an ethical belief that may be changing in the culture in which you presently live, and explain whether existing laws are still appropriate for that behavior.

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Bryan is the manager of a company which has been judged as having the best corporate reputation for two years in a row, based on a survey of countrywide consumers.This company is well known for its

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Give specific examples of stakeholders of each major type that exist in your school system.

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Samantha made some changes in the production process to make sure employees could perform tasks without endangering their health and safety.Samantha was employing the moral rights rule to

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Which approach to social responsibility is being implemented by a company that actively embraces the need to behave in socially responsible ways?

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Decisions that managers take to protect the rights of some stakeholders often hurt the rights of others.

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After a lengthy investigation, Larry lost his license to practice law on charges of accepting bribes.In all likelihood, Larry probably violated his _____ ethics.

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In 2016, the average pay for a CEO was

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Phil has noticed that his operations manager has been practicing unethical means to reap personal benefits at the expense of the company's customers.He will most likely approach the _____ to report the matter without fear of retribution.

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The _____ has organization-wide authority.Hence, organization members in any department can communicate instances of unethical behavior by their managers or coworkers without fear of retribution.

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______ ethics are standards that determine how people view their responsibilities to others and how they should act in situations when their own self-interest is at stake.

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Stockholders seek to maximize the return on their investment and therefore show interest in the ethical practices of a company.

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Identify and describe the approaches to how to be socially responsible, from the lowest to the highest.Give an example of a real company to illustrate each.

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Under the moral rights rule, an ethical decision is one that distributes benefits and harms among people and groups in an equitable way.

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