Question 1

Corporate charitable giving is frequently described as

Accepted Answer

A)  profit-motivated advertising. 
B)  genuine altruism. 
C)  reactive social responsibility. 
D)  proactive social responsibility. 
E)  exceedingly generous.

Question 2

____ values involve end-states of existence, whereas ____ values relate to ways of behaving.

Accepted Answer

A)  Short-term; long-term 
B)  Terminal; instrumental 
C)  Instrumental; terminal 
D)  Psychological; cultural 
E)  Psychological; procedural

Question 3

Ethics refers to the study of

Accepted Answer

A)  moral obligation. 
B)  social trade-offs. 
C)  cross-cultural value conflict. 
D)  black-and-white political issues. 
E)  economic trade-offs.

Question 4

Crisp Cut Inc., a meat-cutting machine manufacturer, went against industry norms and took the initiative to install important but costly safety features. What social responsibility strategy was it following?

Accepted Answer

A)  Proaction 
B)  Accommodation 
C)  Reaction 
D)  Defense 
E)  Political action

Question 5

In an effort to repair its damaged public image, Pfizer pharmaceutical company created a free-drug program for people who lost their jobs.

Accepted Answer

A) True 
 B)False

Question 6

The realization that business ultimately helps itself by helping to solve societal problems defines

Accepted Answer

A)  profit-motivation. 
B)  corporate philanthropy. 
C)  enlightened self-interest. 
D)  social-motivation. 
E)  ethics.

Question 7

Which statement best represents the general ethical principle of contributive liberty?

Accepted Answer

A)  Never take any action that violates the law 
B)  Never take any action that is not in the long-term self-interest of yourself 
C)  Never take any action that will interfere with the right of all of us for self-development and self-fulfillment 
D)  Never take any action that does not result in greater good than harm for the society of which you are a part 
E)  Always act to maximize profits subject to legal and market constraints

Question 8

Describe the arguments for and against corporate social responsibility. What is your personal leaning, and why?

Accepted Answer

The answer of Describe the arguments for and against corporate...

Question 9

An ethical advocate is assigned the specific role of critical questioner, and may also be asked to sit in on top-management decision deliberations.

Accepted Answer

A) True 
 B)False

Question 10

According to research, the most effective way of getting managers to behave ethically is to simply tell them to be good and act professionally.

Accepted Answer

A) True 
 B)False

Question 11

PetLine.com
PetLine.com is an online retailer of pet supplies and toys. Daphne, the founder and CEO, believes that her company's only responsibility is to make as much profit as possible. However, Yasmine, the human resources director, has been arguing for providing a comfortable and safe work environment for the employees, especially through ergonomically appropriate furnishings to prevent problems such as carpal tunnel syndrome and backaches. Yasmine argues that PetLine.com should be concerned about satisfying the competing and conflicting expectations of many groups in society, not simply satisfying the stockholders. Daphne disagrees with Yasmine and says: "Well, if any health-related problems arise we'll just deny the responsibility."
-Refer to PetLine.com. If Yasmine wants to convince Daphne about social responsibility, which of these arguments should she not use?

Accepted Answer

A)  Business has the resources to tackle today's complex societal problems. 
B)  Business is unavoidably involved in social issues. 
C)  Business already has enough power. 
D)  A better society means a better environment for doing business. 
E)  Corporate social action will prevent government intervention.

Question 12

The general public today wants businesses to make as much profit as possible because it is a win-win situation.

Accepted Answer

A) True 
 B)False

Question 13

____ is the number one workplace hot spot responsible for triggering unethical and illegal conduct, according to research.

Accepted Answer

A)  Insufficient resources 
B)  Lack of management support 
C)  Company politics 
D)  Recognition of achievements 
E)  Balancing work and family

Question 14

According to supporters of corporate social responsibility, businesses lack the resources to tackle today's complex societal problems, therefore requiring government intervention.

Accepted Answer

A) True 
 B)False

Question 15

A Taco Bell manager reinforces a(n) ____ value when emphasizing the importance of honest behavior.

Accepted Answer

A)  ethical 
B)  terminal 
C)  amoral 
D)  cultural 
E)  instrumental

Question 16

The arguments against corporate social responsibility indicate that business

Accepted Answer

A)  already has enough power. 
B)  has only economic power. 
C)  does not have any social power. 
D)  has no real power. 
E)  tends to abuse its power.

Question 17

Those who favor the ____ model of business are concerned about satisfying all stakeholders while pursuing a profit.

Accepted Answer

A)  classical economic 
B)  traditional 
C)  socioeconomic 
D)  neo-capitalism 
E)  incremental

Question 18

One expert on the subject believes amoral managers far outnumber moral managers.

Accepted Answer

A) True 
 B)False

Question 19

The father of the classical economic model of business is

Accepted Answer

A)  Fredrick Taylor. 
B)  Milton Rokeach. 
C)  Adam Smith. 
D)  Archie Carroll. 
E)  Ben Franklin.

Question 20

In a survey of U.S. employees from all levels across several industries, ____ percent admitted to at least one illegal or unethical act from a list of 25 questionable practices.

Accepted Answer

A)  93 
B)  48 
C)  12 
D)  62 
E)  21

Exam 5: Managements Social and Ethical Responsibilities

Corporate charitable giving is frequently described as

values involve end-states of existence, whereas values relate to ways of behaving.

Ethics refers to the study of

Crisp Cut Inc., a meat-cutting machine manufacturer, went against industry norms and took the initiative to install important but costly safety features. What social responsibility strategy was it following?

In an effort to repair its damaged public image, Pfizer pharmaceutical company created a free-drug program for people who lost their jobs.

The realization that business ultimately helps itself by helping to solve societal problems defines

Which statement best represents the general ethical principle of contributive liberty?

Describe the arguments for and against corporate social responsibility. What is your personal leaning, and why?

An ethical advocate is assigned the specific role of critical questioner, and may also be asked to sit in on top-management decision deliberations.

According to research, the most effective way of getting managers to behave ethically is to simply tell them to be good and act professionally.

The general public today wants businesses to make as much profit as possible because it is a win-win situation.

____ is the number one workplace hot spot responsible for triggering unethical and illegal conduct, according to research.

According to supporters of corporate social responsibility, businesses lack the resources to tackle today's complex societal problems, therefore requiring government intervention.

A Taco Bell manager reinforces a(n) ____ value when emphasizing the importance of honest behavior.

The arguments against corporate social responsibility indicate that business

Those who favor the ____ model of business are concerned about satisfying all stakeholders while pursuing a profit.

One expert on the subject believes amoral managers far outnumber moral managers.

The father of the classical economic model of business is

In a survey of U.S. employees from all levels across several industries, ____ percent admitted to at least one illegal or unethical act from a list of 25 questionable practices.