Question 1

Which of the following is not typically a benefit for socially responsible organizations?

Accepted Answer

A)  Attracting socially conscious investors 
B)  Swaying public opinion against government intervention 
C)  Retention of more talented employees 
D)  Short-term cost savings 
E)  Tax-free incentives to employees

Question 2

John Kopchinski, is a unique example of a whistle-blower. He received no compensation for doing the right thing by reporting his company, instead, Pfizer fired him.

Accepted Answer

A) True 
 B)False

Question 3

According to research, the number one workplace hot spot responsible for triggering unethical and illegal conduct is balancing work and family.

Accepted Answer

A) True 
 B)False

Question 4

Jasper Walton recently got in trouble with his boss for falsifying an expense report. His argument to his boss is that "we answered to a more important cause." Which rationality strategy is Jasper using?

Accepted Answer

A)  Metaphor of the ledger 
B)  Appeal to higher loyalties 
C)  Social weighting 
D)  Denial of victim 
E)  Denial of injury

Question 5

Compare instrumental or terminal values? provide an example of each.

Accepted Answer

The answer of Compare instrumental or terminal values? provide an...

Question 6

Archie B. Carroll applies which label to social activities that are not mandated by law or generally expected of business in an ethical sense?

Accepted Answer

A)  Socioeconomic 
B)  Quasi-ethical 
C)  Philanthropic responsibilities 
D)  Legal obligations 
E)  Values

Question 7

Personal values play a minor role in managerial decision making and ethics.

Accepted Answer

A) True 
 B)False

Question 8

Former Pfizer sales representative John Kopchinski will receive more than $50 million for his role as one of the whistle-blowers that led to Pfizer paying $2.3 billion, the largest health care fraud settlement in history.

Accepted Answer

A) True 
 B)False

Question 9

The general ethical principle of "contributive liberty" states that our actions should not violate the right of all of us for self-development and self-fulfillment.

Accepted Answer

A) True 
 B)False

Question 10

According to the Rokeach value survey, terminal values include happiness, a sense of accomplishment and family security.

Accepted Answer

A) True 
 B)False

Question 11

Which word or phrase best conveys the meaning of altruism?

Accepted Answer

A)  World-class 
B)  Unselfish devotion to others 
C)  Self-centered 
D)  Reluctantly socially responsible 
E)  Nonprofit

Question 12

Rita Rogers has been called into her boss's office. He informs her that he found out that she accepted a gift certificate to a nail salon from a client last week. Rita states that no one was harmed by her action, and the company will actually benefit. Which rationality strategy is Rita using?

Accepted Answer

A)  Social weighting 
B)  Denial of victim 
C)  Denial of injury 
D)  Appeal to higher loyalties 
E)  Metaphor of a ledger

Question 13

Aqua-Wave Aquariums (AWA)
Ben, Jeremiah, and Stacey, senior executives at AWA, are discussing the recent complaint by a consumer protection agency that a particular aquarium model is prone to leaks. Ben argues that the company's only responsibility is to maximize profits (within legal and market parameters, of course), so AWA should simply deny any responsibility and resist change. Jeremiah argues that AWA should put up a legal fight and use a public relations campaign to avoid assuming additional responsibilities. Stacey can't accept either argument. She favors taking the initiative and establishing a positive role model for the aquarium industry. Stacey argues that AWA's actions should result in greater good than harm for the society of which they are a part.
-Refer to Aqua-Wave Aquariums. Ben's arguments reflect which of these general ethical principles?

Accepted Answer

A)  Government requirements 
B)  Individual rights 
C)  Distributive justice 
D)  Economic efficiency 
E)  Universal rules

Question 14

What does enlightened self-interest involve?

Accepted Answer

The answer of What does enlightened self-interest involve?...

Question 15

Toyota's foot dragging on vehicle recalls in recent years is an example of a company adopting a defensive social responsibility strategy.

Accepted Answer

A) True 
 B)False

Question 16

Which of the following is NOT one of the areas of responsibility according to Archie B. Carroll's Global Corporate Responsibility model?

Accepted Answer

A)  Make a profit 
B)  Obey the law 
C)  Be ethical in practice 
D)  Be a good corporate citizen 
E)  Allow the invisible hand to promote public welfare

Question 17

Which one of these is not an argument against corporate social responsibility?

Accepted Answer

A)  Because managers are not elected, they are not directly accountable to the people. 
B)  As an economic institution, business lacks the ability to pursue social goals. 
C)  Profit maximization ensures the efficient use of society's resources. 
D)  A better society means a better environment 
E)  Business already has enough power.

Question 18

Values, or abstract ideals, shape an individual's thinking and behavior.

Accepted Answer

A) True 
 B)False

Question 19

According to the iron law of responsibility,

Accepted Answer

A)  power corrupts. 
B)  we need to use power responsibly or lose it. 
C)  nothing gets accomplished without power. 
D)  economic power prevails. 
E)  absolute power is dangerous.

Question 20

Helmet Head Corporation just received a memo from a State consumer protection agency alleging that two new models of their bicycle helmets are unsafe for children. Roger Arley, the head of public relations, advised the CEO to strongly deny responsibility. Roger is following which social responsibility strategy?

Accepted Answer

A)  Proaction 
B)  Protection 
C)  Defense 
D)  Reaction 
E)  Accommodation

Exam 5: Managements Social and Ethical Responsibilities

Which of the following is not typically a benefit for socially responsible organizations?

John Kopchinski, is a unique example of a whistle-blower. He received no compensation for doing the right thing by reporting his company, instead, Pfizer fired him.

According to research, the number one workplace hot spot responsible for triggering unethical and illegal conduct is balancing work and family.

Jasper Walton recently got in trouble with his boss for falsifying an expense report. His argument to his boss is that "we answered to a more important cause." Which rationality strategy is Jasper using?

Compare instrumental or terminal values? provide an example of each.

Archie B. Carroll applies which label to social activities that are not mandated by law or generally expected of business in an ethical sense?

Personal values play a minor role in managerial decision making and ethics.

Former Pfizer sales representative John Kopchinski will receive more than $50 million for his role as one of the whistle-blowers that led to Pfizer paying $2.3 billion, the largest health care fraud settlement in history.

The general ethical principle of "contributive liberty" states that our actions should not violate the right of all of us for self-development and self-fulfillment.

According to the Rokeach value survey, terminal values include happiness, a sense of accomplishment and family security.

Which word or phrase best conveys the meaning of altruism?

Rita Rogers has been called into her boss's office. He informs her that he found out that she accepted a gift certificate to a nail salon from a client last week. Rita states that no one was harmed by her action, and the company will actually benefit. Which rationality strategy is Rita using?

What does enlightened self-interest involve?

Toyota's foot dragging on vehicle recalls in recent years is an example of a company adopting a defensive social responsibility strategy.

Which of the following is NOT one of the areas of responsibility according to Archie B. Carroll's Global Corporate Responsibility model?

Which one of these is not an argument against corporate social responsibility?

Values, or abstract ideals, shape an individual's thinking and behavior.

According to the iron law of responsibility,