MGMT 309 - Chapter 4

consumer protection legislation

The government can directly influence a business through _____. -political action committees -lobbying -networks -consumer protection legislation

It is an indirect regulation

Ahmed received a tax abatement from the government, and so his organization has more money to donate to the local hospital for cancer research. Which of the following explains how this change in taxes is a form of regulation? -It is a form of lobbying. -It is an indirect regulation. -It eliminates the need for a social audit. -It is a change in ethical compliance.

managerial ethics

Behaviors that relate to ethical ambiguity in areas such as advertising, purchasing, solicitations, bargaining, and other business relationships are part of _____. -corporate governance -ethical leadership -ethics and technology -managerial ethics

Managerial

Eli's company has decided to pay workers a living wage instead of a legally required minimum wage. Eli considers this part of the ethical treatment of his employees. Which type of ethical standards is Eli promoting in his organization? -Managerial -Conflict of interest -Political-legal -Interest group regulation

ethical compliance

If a company creates a committee to review its guidelines concerning selection and promotion, it is attempting to manage social responsibility through what? -Philanthropic giving -Legal compliance -Ethical compliance -Whistle-blowing

Be honest and straightforward

In terms of ethical leadership, which way can a CEO set the company's moral tone for all employees? -Hold the board of directors as responsible for the ethical standards of the organization. -Establish a code of ethics. -Be honest and straightforward. -Assign responsibility for identified shortcomings.

social responsibility

Organizations relate to their environments in ways that often involve ethical dilemmas and decisions. These situations are generally viewed within the context of the organization's _____. -social responsibility -ethical responsibility -accommodative stance -defensive stance

social responsibility

Organizations relate to their environments in ways that often involve ethical dilemmas and decisions. These situations are generally viewed within the context of the organization's _____. -social responsibility -ethics -legal compliance -financial standards

Obstructionist stance

Question Content Area Which is an approach to social responsibility in which firms do as little as possible to solve social or environmental problems? -Defensive stance -Obstructionist stance -Proactive stance -Accommodative stance

the company has surplus revenues that could be used to solve social problems

Roberto is a strong believer in social responsibility, and he wants his company to become more socially responsible. One of the arguments he makes is that _____. -there is a potential for conflicts of interest between businesses and employees -the company has surplus revenues that could be used to solve social problems -the company lacks the expertise to assess social programs -it will detract from the basic mission of the company to earn profits

social responsibility

The local university has set up a task force and committed to increasing recycling efforts and reducing its carbon emissions by 50 percent in the next ten years. These efforts demonstrate a commitment to _____. -corporate governance -emerging ethical issues -legal compliance -social responsibility

With a breakdown of corporate governance

Where do ethical breakdowns of senior leadership generally start? -In the independence of the board of directors' actions -In the lack of oversight of the board of directors by the CEO and other senior leadership -With a breakdown of corporate governance -Because of a clear separation between the board and the CEO

Ethics

Which of the following describes an individual's personal beliefs about whether a behavior, action, or decision is right or wrong? -Unethical behavior -Ethical behavior -Ethics -Managerial ethics

philanthropic giving

A major computer technology firm has committed to building a computer lab at the local university, and it is awarding scholarships to students who pursue this field. This action is an example of _____. -legal compliance -corporate governance -philanthropic giving -ethical compliance

As generally accepted social norms

Although standards of ethics vary from person to person, how do we apply the concept of ethical behavior? -As norms that guide managers in their tasks -As generally accepted social norms -Based on a formal code of ethics -As behaviors that do not create conflicts of interest

there is potential for conflicts of interest

An argument against social responsibility in organizations is that _____. -businesses have the resources necessary to solve problems -businesses are a partner in our society, along with the government -there is potential for conflicts of interest -corporations are citizens in our society

Post the policy on the website

As the head of IT, Ramon feels strongly about online privacy and has taken measures to address this issue. What can Ramon do to ensure all employees and users of the company systems are aware of the firm's stand on privacy? -Provide users the chance to review information. -Post the policy on the website. -Rely on regulatory agencies to protect the privacy of all users. -Disallow the collection of any personal information.

Legal

As the top human resource executive, Ahmed is responsible for ensuring compliance with regulations concerning hiring, pay, and workplace safety. Which formal dimension of social responsibility is Ahmed involved in? -Ethical -Philanthropic -Leadership practices -Legal

procedural justice

Employees are more likely to be motivated to participate in activities, follow rules, and accept outcomes when they perceive a high level of _____. -managerial ethics -moral judgment -interpersonal justice -procedural justice

Political action committee

Jewel's industry donates millions of dollars to candidates that support the goals of her industry. Their collective goal is to influence legislation so that they can be more competitive in the global market. Which type of government influence is Jewel a part of? -Political action committee -Lobbying -Favor -Personal contact

gathering relevant facts

L'Meese is reviewing some expense reports submitted by an employee, and there appears to be some misinformation. Before L'Meese confronts her employee about this, she needs to apply moral judgment by first _____. -gathering relevant facts -identifying which policy has been violated -writing a code of ethics -determining how employees traditionally treat the organization

the same way as any other business strategy

Polani is working on her firm's approach to social responsibility. How should she approach the development of this strategy? -The same way as any other business strategy -With informal dimensions of social responsibility -Ethical compliance of all employees -Based on legal compliance

The natural environment

Sweetie Pie bakery sells products nationwide. Products are made from natural ingredients, and packaging is all made from recycled materials. For every product sold, Sweetie Pie plants a tree to promote sustainability. Which area of social responsibility does Sweetie Pie promote? -The natural environment -Accommodative stance -General social welfare -Defensive stance

imposes tough measures to deter corporate and accounting fraud

The Sarbanes-Oxley Act of 2002 _____. -requires all employees to have and enforce a code of ethics -imposes tough measures to deter corporate and accounting fraud -guarantees an employee's right to privacy in their online activities -ensures the board of directors monitors managed decisions so they are in the best interest of shareholders

organizational culture

What is an informal organization dimension of managing social responsibility? -Ethical compliance -Legal compliance -Philanthropic giving -Organizational culture

ethical compliance

What is the extent to which an organization follows basic standards of moral behavior? -Social responsibility -Legal compliance -Whistle-blowing -Ethical compliance

Determine the most appropriate moral values

When applying moral judgment to a behavior, what should occur after relevant factual information has been collected? -Determine the most appropriate moral values. -A basis of trust should be established. -Make a decision based on utility. -Make an ethical judgment.

Societal beliefs

Where does direct regulation usually evolve from? -Societal beliefs -Personal contacts -Ethical compliance and norms -An obstructionist stance to social responsibility

its goals can be accomplished by a free market system

Which of the following is a criticism of regulation? -Its functionality is enhanced by the use of political action committees. -It is not applicable to small companies. -Its goals can be accomplished by a free market system. -It is not strictly enforced by the government.

Philanthropic giving

Which of the following is a formal dimension of managing social responsibility for organizations? -Leadership practices -Philanthropic giving -Whistle-blowing -Organizational culture

Try to influence legislation

Which of the following is a lobbyist likely to do? -Utilize personal contacts to present his or her case about upcoming legislation. -Try to influence legislation. -Provide the use of a plane when a government official needs to travel. -Make a direct donation to a member of Congress.