MNGT 3100 - Cengage CH.4

utility

what ethical norm? Choose between: 1) utility, 2) justice, 3) rights, 4) caring: As a manager, if you evaluate an ethical concern by asking, "Does it optimize the best for all?" you are applying the norm of

rights

what ethical norm? Choose between: 1) utility, 2) justice, 3) rights, 4) caring: As a manager, if you evaluate an ethical concern by asking, "Does it respect the rights of those involved?" you are applying the norm of

lower than

The Defensive approach is_____________ the Proactive approach in degree of social responsibility.

treatment of other agents by the employees and/or the organization

categorize the situation in terms of the area of ethical concern for managers it represents: 1) treatment of employees by the organization, 2) treatment of the organization by the employees, and 3) treatment of other agents by the employees and/or the organization: Juan owns a business making custom T-shirts for special occasions, and he hires freelance artists to design the shirts. He often postpones paying the artists for months and sometimes does not pay an artist at all.

caring

what ethical norm? Choose between: 1) utility, 2) justice, 3) rights, 4) caring: As a manager, if you evaluate an ethical concern by asking, "Is it consistent with responsibility to care?" you are applying the norm of

justice

what ethical norm? Choose between: 1) utility, 2) justice, 3) rights, 4) caring: As a manager, if you evaluate an ethical concern by asking, "Is it consistent with what is fair?" you are applying the norm of

government

indicate whether the tool is used by business or by government: Which entity relies upon consumer protection legislation as a tool of influence?

government

indicate whether the tool is used by business or by government: Which entity relies upon environmental protection legislation as a tool of influence?

business

indicate whether the tool is used by business or by government: Which entity relies upon lobbying as a tool of influence?

business

indicate whether the tool is used by business or by government: Which entity relies upon personal contacts as a tool of influence?

business

indicate whether the tool is used by business or by government: Which entity relies upon political action committees as a tool of influence?

government

indicate whether the tool is used by business or by government: Which entity relies upon securities legislation as a tool of influence?

personal contacts

Because Monsanto's board members have worked for the EPA, advised the U.S. Department of Agriculture (USDA), and served on the president's Advisory Committee for Trade Policy and Negotiations, it is well positioned to use_____________ as a source of influence.

lobbyists

Because_________ seek to influence laws that benefit corporations, they are sometimes portrayed in a negative light in the media.

political action committees

Businesses rely upon______________ to solicit and distribute money to the campaigns of the political candidates who are most likely to work in the firm's best interests.

leadership .

Scott Thompson stepped down from his role as CEO. Had he not resigned, the board of directors would have faced an ethical issue in________

1.Businesses create problems and should help solve them. 2.Corporations are citizens in our society. 3.Businesses have the resources to solve problems. 4.Business is a partner in society.

Arguments for Social Responsibility:

1.Business lacks expertise in social programs. 2.Involvement gives businesses more power. 3.There may be conflicts of interest. 4.Business exists to generate profit for the owners.

Arguments against Social Responsibility:

d. The accuracy of corporate financial disclosures

Corporate leaders may face a variety of ethical dilemmas. Which ethical concern is addressed by the Sarbanes-Oxley Act? a. The price-fixing of products b. The compliance of a corporation with environmental standards c. The reporting of dividends paid to investors d. The accuracy of corporate financial disclosures

a lobbyist .

If the objective of your job is to influence government representatives and government bodies on regulatory issues that affect a corporation, you are_______________

a. Report the issue to your supervisor.

In your role as manager of the quality assurance program, you observe that one of the products manufactured by your company has a safety feature with a high rate of malfunction. What should your first step be? a. Report the issue to your supervisor. b. Report the issue to the ethics committee. c. Report the issue to the regulatory agency that sets safety requirements for the industry. d. Report the issue to the local news anchor

social welfare

Indicate the area of social responsibility targeted by each Walmart initiative: 1) Environment, 2) Social Welfare: Making microloans to support the growth of small businesses

enviroment

Indicate the area of social responsibility targeted by each Walmart initiative: 1) Environment, 2) Social Welfare: Renewable energy sources account for 21% of Walmart's electricity worldwide

social welfare

Indicate the area of social responsibility targeted by each Walmart initiative: 1) Environment, 2) Social Welfare: Women account for almost 28% of Walmart's corporate officers, about double the average for Fortune 500 companies.

a, b, & d

The Kiwanis Club asks you to make a presentation on corporate social responsibility. Which story will help you explain the concept of philanthropic giving in your presentation? Check all that apply. a. The Monsanto Fund Matching Gifts Program supports charities by matching donations of its employees. b. Walmart donated products valued at a total of $755,868,381 to several charities. c. Monsanto Company spent over $2 million on lobbying efforts related to agriculture and food regulations. d. Walmart donated 4.5% of its pre-tax profits, amounting to $311,607,280, which helped support about 50,000 different charities.

c. Conduct a social audit to identify what was accomplished.

The National Football League focused on an anti-domestic violence initiative as part of its social responsibility efforts. If you were the manager leading the initiative, how would you most thoroughly evaluate its effectiveness? a. Measure the number of times the media mentioned the NFL's initiative. b. Survey the players and coaches. c. Conduct a social audit to identify what was accomplished. d. Report the funds allocated to the initiative.

legal compliance

The National Highway Traffic Safety Administration fined two heavy-duty truck manufacturers $44 million for failing to initiate safety recalls of vehicles in a timely fashion as required by federal regulation. The manufacturers will need to do a better job at_____________ with regulations and laws.

lobbying

When Monsanto donates money to elected politicians who sit on the House agriculture committee, it is using___________ to influence government.

a. Defensive

Which approach to social responsibility is best explained by the statement, Do only what is legally required? a. Defensive b. Accommodative c. Obstructionist d. Proactive

treatment of the organization by the employees

categorize the situation in terms of the area of ethical concern for managers it represents: 1) treatment of employees by the organization, 2) treatment of the organization by the employees, and 3) treatment of other agents by the employees and/or the organization: Kayla never has to buy pens at the grocery store. She ends up with plenty from work.

reatment of employees by the organization

categorize the situation in terms of the area of ethical concern for managers it represents: 1) treatment of employees by the organization, 2) treatment of the organization by the employees, and 3) treatment of other agents by the employees and/or the organization: Mr. Smith refrains from promoting women because it can be a challenge to cover staff positions during maternity leaves.