Exam 4: Ethics and Social Responsibility

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An obstructionist approach displays the highest level of social responsibility.

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The stakeholder group with the most responsibility for deciding the goals of the organization are:

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Under the utilitarian rule, an ethical decision is that which creates the greatest good for the greatest number of people.

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When faced with a serious ethical dilemma, Michael chose a solution that created the greatest good for the greatest number of people. Michael used the utilitarian rule.

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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.

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The way a company's managers view their duty to make decisions that enhance the well being of stakeholders is called organizational ethics.

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Stockholders play a crucial role in determining a company's ethics.

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

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

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If Samantha was employing the moral rights rule in her decision making, she would:

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Identify and describe the approaches to social responsibility, from the lowest to the highest. Give an example of a real company to illustrate each.

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

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Employees are much more likely to act ethically when a credo does not exist or is avoided.

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David is trying to provide a visible means of support to develop an ethical culture in his company. He can do so by creating:

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Discuss how Whole Foods Market's emphasis on the employee stakeholder leads to overall stakeholder well-being.

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From a moral rights perspective, managers should consider courses of action that are profitable to the company.

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The _____ rule is that an ethical decision is one that distributes rewards and harms in a fair way.

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Dianna has noticed that there has been an error in her weekly pay stub and the company has unknowingly paid her too much. This example illustrates a(n) _____.

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Unethical behavior:

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_____ encourage employees to behave in a socially responsible manner.

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