Question 1

Which of the following organizations would not be allowed to incorporate as a benefit corporation?

Accepted Answer

A)  Rossi, Inc., which owns a chain of pizzerias in 7 U.S. states throughout the Midwest 
B)  Children of the World, a nonprofit organization that helps needy children 
C)  Tech-Tronics, which sells technology products such as computers, printers, and MP3 players 
D)  Fashion Plus, which sells women's clothing items 
E)  Count-On-Us Financial Services, which provides accounting services, such as bookkeeping preparation, and tax services, such as tax return preparation

Question 2

Which of the following is not a concern to managers under the justice approach?

Accepted Answer

A)  Compensatory justice 
B)  Distributive justice 
C)  Procedural justice 
D)  Obstructive justice 
E)  All of these

Question 3

Briefly explain the justice approach to ethics and then explain the three types of justice.

Accepted Answer

The answer of Briefly explain the justice approach to ethics...

Question 4

__________ is a technique that provides a systematic way to identify the expectations, needs, importance, and relative power of various stakeholders.

Accepted Answer

The answer of __________ is a technique that provides a...

Question 5

Community capitalism refers to following organizational policies and practices that both enhance the economic success of a company and advance the economic and social conditions of the communities in which the company operates.

Accepted Answer

A) True 
 B)False

Question 6

The term __________ refers to measuring an organization's social performance, its environmental performance, and its financial performance.

Accepted Answer

The answer of The term __________ refers to measuring an...

Question 7

All of the following are examples of special interest groups except:

Accepted Answer

A)  professional associations. 
B)  trade associations. 
C)  political action committees. 
D)  courts. 
E)  consumerists.

Question 8

__________ generally outline the procedures to be used in specific ethical situations, such as marketing practices, conflicts of interest, observance of laws, proprietary information, political gifts, and equal opportunities

Accepted Answer

The answer of __________ generally outline the procedures to be...

Question 9

List the five approaches that managers can use to help guide ethical decision making.

Accepted Answer

The answer of List the five approaches that managers can...

Question 10

Which of the following statements about the policy a bank adopts toward its investing of depositors' money is true?

Accepted Answer

A)  It is an expression of its philosophy of corporate social responsibility. 
B)  It is important only to the organization and not to the community. 
C)  It has no ethical implications. 
D)  It would represent its level of moral development. 
E)  All of these

Question 11

List and define the stages of moral development.

Accepted Answer

The answer of List and define the stages of moral...

Question 12

Which of the following has become a hot-button ethical issue in the United States, as stated in the text?

Accepted Answer

A)  Employee theft 
B)  Firing whistle-blowers 
C)  Monitoring employees' nonwork activities 
D)  Excessive executive compensation 
E)  Unsafe working conditions

Question 13

A(n) __________ is a for-profit organization that has a stated purpose that includes creating a material positive impact on society; is required to consider the impact of all decisions not only on shareholders but on employees, the community, and the environment; and voluntarily holds itself to high standards of accountability and transparency.

Accepted Answer

The answer of A(n) __________ is a for-profit organization that...

Question 14

__________ refers to the ability to generate wealth without compromising environmental responsibility and social stewardship, thus meeting the current and future needs of stakeholders while preserving the environment and society so that future generations can meet their needs as well.

Accepted Answer

The answer of __________ refers to the ability to generate...

Question 15

__________ refers to following organizational policies and practices that both enhance the economic success of a company and advance the economic and social conditions of the communities in which the company operates.

Accepted Answer

The answer of __________ refers to following organizational policies and...

Question 16

Special interest groups include trade associations, political action committees, and consumerists.

Accepted Answer

A) True 
 B)False

Question 17

Explain what the triple bottom line is and why it is important.

Accepted Answer

The answer of Explain what the triple bottom line is...

Question 18

Corporate social responsibility is management's obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization.

Accepted Answer

A) True 
 B)False

Question 19

Roger Duke
Roger Duke is the manager of the Accounting division at GTC Industries. The group of employees that he oversees has many issues. Morale is low, and there is a lot of infighting within the group. They easily get sidetracked with their work, and Roger must constantly direct and oversee them to make sure they stay on task. Roger has also caught a few of them instant messaging friends on their computers while they should be working. A couple of them have also been caught stealing supplies, and three of his employees have failed drug tests in the past month. Because of this, top management wants Roger to monitor his employees' Internet use, keep an inventory of supplies on a regular basis, and give random drug tests every week.?
-Which of the following approaches for guiding ethical decision making does Roger most likely use with his group of employees?

Accepted Answer

A)  Utilitarian 
B)  Individualism 
C)  Moral-rights 
D)  Justice 
E)  Practical

Question 20

At the preconventional level of personal moral development, people live up to the expectations of others, uphold laws, and fulfill duties and obligations of the social system.

Accepted Answer

A) True 
 B)False

Exam 5: Managing Ethics and Social Responsibility

Which of the following organizations would not be allowed to incorporate as a benefit corporation?

Which of the following is not a concern to managers under the justice approach?

Briefly explain the justice approach to ethics and then explain the three types of justice.

__________ is a technique that provides a systematic way to identify the expectations, needs, importance, and relative power of various stakeholders.

Community capitalism refers to following organizational policies and practices that both enhance the economic success of a company and advance the economic and social conditions of the communities in which the company operates.

The term __________ refers to measuring an organization's social performance, its environmental performance, and its financial performance.

All of the following are examples of special interest groups except:

__________ generally outline the procedures to be used in specific ethical situations, such as marketing practices, conflicts of interest, observance of laws, proprietary information, political gifts, and equal opportunities

List the five approaches that managers can use to help guide ethical decision making.

Which of the following statements about the policy a bank adopts toward its investing of depositors' money is true?

List and define the stages of moral development.

Which of the following has become a hot-button ethical issue in the United States, as stated in the text?

__________ refers to the ability to generate wealth without compromising environmental responsibility and social stewardship, thus meeting the current and future needs of stakeholders while preserving the environment and society so that future generations can meet their needs as well.

__________ refers to following organizational policies and practices that both enhance the economic success of a company and advance the economic and social conditions of the communities in which the company operates.

Special interest groups include trade associations, political action committees, and consumerists.

Explain what the triple bottom line is and why it is important.

Corporate social responsibility is management's obligation to make choices and take actions that will contribute to the welfare and interests of society as well as the organization.

At the preconventional level of personal moral development, people live up to the expectations of others, uphold laws, and fulfill duties and obligations of the social system.