Exam 3: Managers and Society

________ is the degree to which a person or an entity can meet its present needs without compromising the ability of other people or entities to meet their needs in the future.

Any individual or group that is directly or indirectly affected by an organization's decisions is called a stakeholder.

The areas in which business can act to protect and improve the welfare of society are numerous and diverse.Which of the following is NOT an example of an area of social responsibility?

What is sustainability? Why is building sustainable organizations important?

All companies should take social responsibility measurements in the quality-of-life area and the economic function area.

________ is a formal statement that acts as a guide for the ethics of how people within a particular organization should act and make decisions.

A whistle-blower is an employee who performs quality reviews within an organization and reports flaws in the processes.

Name two federal agencies that enforce social responsibility legislation and explain their primary roles.

Organizations that do not take the social obligation approach usually achieve higher levels of social responsiveness than organizations that take the social responsibility approach.

Which of the following is the primary function of the Consumer Product Safety Commission?

Which of the following is the primary function of the Equal Employment Opportunity Commission?

A sustainable organization is an organization that has the ability to ________.

In business,ethics can be defined as the capacity to reflect on ________ in the corporate decision-making process.

A whistle-blower is ________.

Social responsibility is the managerial obligation to take action that protects and improves both the welfare of society and the interests of the organization.

Define the term "social audit." List the basic steps in conducting a social audit.

Setting sustainability goals is a critical component of an organization's sustainability effort.Such goals set clear targets on which all organization members can focus.One main factor in reaching sustainability goals is ________.

PepsiCo,a food and beverage manufacturer,began measuring the footprint of carbon emissions of its orange juice brand,Tropicana,in an effort to become more sustainable.Which of the following areas does this study focus on?

________ is a guideline that determines behavior to be ethical if it reflects high moral values.

Do you agree with the view that businesses must be involved in social responsibility activities? Explain your answer.