Exam 3: Ethics & Social Responsibility

Girls between the ages of 8 and 15 are one of the growing markets for high-end shoe manufacturers,and podiatrists say the trend is leading to many stylish young girls with grown-up foot problems.Shoe manufacturers who develop and market adult-styled shoes to this group are not operating at a(n)_____ responsibility level of the pyramid of corporate social responsibility.

In the future,electrical power may come from quantum nucleonics,a form of nuclear power that produces no residual radiation.The ability to use this form of power will require equipment adaptations,but it will solve the world's need for clean and efficient power.Companies that replace inefficient sources of power with quantum nucleonics only after they are required to by the Environmental Protection Agency (EPA)are operating at a(n)_____ responsibility level.

Japanese law prohibits the storage of more than 50 pounds of explosive at any single site in the nation.Every night Universal Studios Japan hosts a fireworks display.The theme park recently came under government investigation when allegations were made that the park was detonating more than 50 pounds of explosives in its nightly fireworks displays.If the allegations are true,in terms of the pyramid of corporate social responsibility,then Universal Studios Japan is not operating at a(n)_____ responsibility level.

Because social responsibility has proven to have a limited return on investment,the number of businesses opting to act socially responsible is declining.

The fact that many people believe that businesses should focus on making a profit and leave social and environmental issues to nonprofit organizations is:

The Hippocratic Oath that all physicians take states that the physician will never deliberately harm anyone for anyone else's interest and to avoid attempting to do things that other specialists can do better.This oath is an example of how _____ influences social control.

Novartis created the Novartis Research Institute for Tropical Diseases in Singapore.The institute is unique because it is a not-for-profit organization that focuses on the discovery of new drugs for the treatment of neglected diseases,such as dengue fever and tuberculosis.Not only is this good business,it is also:

When Laurie uses her Target Visa card at the store,Target donates 1% of her purchase to her children's school.This is an example of cause-related marketing.

Define the deontological ethical theory and describe a person that adheres to this theory of ethics.

At what level of the pyramid of corporate social responsibility will firms do what is right,just,and fair and avoid harm?

All of the following are factors influencing ethical decision making and judgments EXCEPT:

Whenever faced with a difficult customer,the owner of the shoe store remembered what the original store founder,his grandfather,had done in similar situations and did the same.In other words,the grandson based his decision on the deontological ethical theory.

Which of the following statements describes ethics?

Drug Marketing Pharmaceutical companies spent $4.4 billion on prescription drug advertising in 2008, mostly on television and in magazines. While the Internet is becoming a more prominent medium to reach consumers and is the primary source used to seek health information, these companies spent less than $130 million on Web marketing. One reason is that there are no guidelines, which makes these heavily-regulated marketers uneasy. For example, television commercials for prescription drugs must include disclosures regarding the major side effects if the brand name is mentioned in the ad. The Food and Drug Administration (FDA) claims that existing regulations address many of the Internet advertising issues, but other aspects of Web marketing, such as social networking and search marketing, must be reviewed. That's why the FDA hearings on this issue were attended by pharmaceutical giants and Web companies like Google, Yahoo, and WebMD Health. -Refer Drug Marketing.Which mode of social control is likely causing the relatively small expenditures on Web marketing by pharmaceutical companies?

One key to success of a cause-related marketing campaign is transparency. That is,the company should clearly state how the money is raised and how much will be going to the charity or other cause.

NSTAR Gas & Electric Company in Boston provides continuing financial support for an injury prevention program run by the Children's Hospital Boston.This funding is an example of:

For most employees a simple list of "dos and don't's" are enough to maintain ethical behavior,and ethical training would be redundant.

People who believe that ethical truths depend on the individuals or groups holding them are referred to as:

At which level of the pyramid of corporate social responsibility must a business "play by the rules"?

Many airlines offer passengers the option to purchase carbon offsets as an environmentally-friendly compensation for their carbon footprint. For example,Delta customers can pay $10 to a fund that plants trees as a way to offset the carbon emissions from the airplane. Some would say Delta is: