Mngmnt 320 Ch 3 Assignment

1)Consumers want to spend more money with companies that are socially responsible. 2)Socially responsible companies generate a significantly higher return on equity than competitors. 3)An ethical scandal can cause a company's valuation to plummet. 4)Workers may be less likely to leave when their company is socially responsible. 5)Investors are increasingly seeking socially responsible companies to put their money into. 6)Companies with effective ethics and compliance cultures find their employees are less likely to retaliate against one another.

1) Customers 2) Profits 3) Stock Price 4) Employees 5) Revenue 6) Interpersonal Relationships

Select the most appropriate stakeholder category for each component of the organization's environment. 1. Employees 2. Economic Forces 3. Customers 4. Competitors 5. Technological Forces 6. Owners 7. Suppliers 8. Socioculutral Forces 9. Distributors 10. Allies 11. Unions 12. Lenders 13. Board of Directors 14. Political-legal Forces 15. Governments 16. Interest Groups 17. International Forces 18. Media

1) Internal Stakeholders 2) External Stakeholders - The General Environment 3) External Stakeholders - The Task Environment 4) External Environment- The Task Environment 5) External Stakeholders - The General Environment 6) Internal Stakeholders 7) External Stakeholders- The Task Environment 8) External Stakeholders - The General Environment 9) External Stakeholders- The Task Environment 10) External Stakeholders - The Task Environment 11) External Stakeholders - The Task Environment 12) External Stakeholders- The Task Environment 13) Internal Stakeholders 14) External Stakeholders - The General Environment 15) External Stakeholders - The Task Environment 16) External Stakeholders - The Task Environment 17) External Stakeholders - The General Environment 18) External Stakeholders - The Task Environment

Each item represents either a definition of an approach to ethical decision-making, or an example of someone using an approach to ethical decision making. Read each item, then select the ethical decision-making approach it best corresponds with. 1. The most ethical decision is that which best upholds impartial standards of fairness and equity. 2. The most ethical decision is that which yields the greatest good for the greatest number of people. 3. The most ethical decision is that which will result in your own best long-term interests. 4. The most ethical decision is that which is most respectful of the fundamental rights of all human beings. 5. A manufacturing company decides to continue using a chemical that is leaching into the local water supply and potentially causing health problems in those who drink it because the local population is only about 2,000 people, and the company is producing low-cost, lightweight, collapsible tents for 50,000 homeless children. 6. Company policy requires managers to penalize employees earning less than a "Satisfactory" rating on their annual performance review by denying them their annual 2 percent salary raise. A manager applies the penalty to each employee with less than a "Satisfactory," even if she knows that for some employees, the raise would really help their financial situation. 7. A bank's retirement fund manager decides to increase the bank's 401K match from 5 percent to 8 percent, meaning the bank will now match employees' contributions up to 8 percent of their salary. This is a smart long-term decision for the manager because he earns a yearly bonus based on the percentage of their salary that his employees contribute to the retirement fund. 8. A company's chief Human Resources officer decides that even though it will save the company approximately $1 million dollars, cutting employees' medical insurance is not the right decision because of how it would ultimately affect employees' health.

1) Justice Approach 2) Utilitarian Approach 3) Individual Approach 4) Moral-Rights Approach 5) Utilitarian Approach 6) Justice Approach 7) Individual Approach 8) Moral-Rights Approach

If Natalie believes in the utilitarian approach, what should she do in this situation?

If leaving off the expense would benefit the greatest number of stakeholders, then leave it off.

Which of these will promote a strong culture of ethics at Sybil?

a code of ethics

If Marcus is only following orders to avoid an unpleasant consequence, he would fall on Kohlberg's ________ level.

preconventional

Rudolph "Rudy" Meredith cooperated with the FBI, after committing an illegal act, with the hope that the authorities would be more lenient on him. Based on this information, Meredith is most likely at the ______ level of personal moral development.

preconventional

Amy, the daughter of Amy's owners, believes that happiness does not come from money...she says it comes from meaning and purpose. Based on this statement, which element of the triple bottom line would Amy be least concerned with?

profit

A coach receiving a bribe to admit an athlete who would otherwise not be admitted may be guilty of all of the following, except

sexual harassment

Intense pressure surrounding college admissions represents what type of force?

sociocultural

The phenomenon that more people are willing to pay premium prices for food grown without pesticides or synthetic fertilizers is a ________ force.

sociocultural

Assume Amy's wants to do the greatest good for the greatest number of people. Based on this, which approach to resolving ethical dilemmas would the company most likely employ?

utilitarian

Assume that colleges move to an admissions system that benefits the greatest number of applicants, although some students are still disenfranchised. What type of ethical approach does this portray?

utilitarian

If Marcus decides to report the discrepancy to the public he may be considered a(n)

whistleblower

1) Strategies: As a result of the audit, Riverview has decided to conduct a similar ethics checkup twice per year to evaluate all of its ethics-related policies and procedures, including its approaches to prospective employee screening, ethics training, and rewards. 2) Strategies: Part of the orientation program at Riverview involves new hires reading a series of scenarios and describing how they would deal with them. As a group, the new hires discuss their choices and the related ethical implications. 3) Strategies: Riverview does not have a formal grievance policy where employees are able to report colleagues who engage in unethical behavior. After all, those behaviors can cost other employees business in the long run. 4) Strategies: When reviewing the performance evaluation procedures at Riverview, it was discovered that when salespeople lose a bid because they will not offer kickbacks, it is noted in their performance evaluations and those sales are excluded so that the salesperson's evaluation is not negatively impacted. 5) Strategies: Employees at Riverview go through an extensive background check prior to their employment to make sure there aren't surprises down the road.

1) creating a strong ethical climate 2) screening prospective employees 3) instituting ethics codes and training programs 4) rewarding ethical behavior, protecting whistleblowers 5) using a multifaceted approach

Read the statements of people either successfully implementing an activity that helps them to be more ethical or failing to implement such an activity. Then select the method for focusing on the greater good and being more ethical that the example best corresponds with. 1. Will started a carpooling group at work. He and three work friends take turns driving the group to and from the office every day. They are able to take advantage of the HOV lane on the freeway, they're all saving gas money, and there are three fewer vehicles on the road each day. 2. Dani arrives at her office at 7:00 am and leaves the building at 5:00 pm. During that time, she only leaves her desk for short restroom breaks. During the winter months, she often doesn't see the sun for days at a time. 3. Barbara asked to be moved to a different work area after she noticed the colleagues sitting around her spent a lot of time discussing the ways they were inflating their work hours on monthly time sheets. 4. Cyril finds a way to get some physical activity several times a week, even if it's just working in his yard, doing house chores, or walking his dogs. 5. Each week, Kia tries to thank one person in her office for something they've done that she's grateful for. 6. Aliyah likes to say "yes" to everything, even when she knows she won't be able to deliver on what she's committing to. 7. Gabriel often binge watches TV shows or plays on his phone until 1 or 2 am. This makes it difficult for him to wake up at 6:30 am for work, and he's often groggy and moody during the workday. 8. Jasmine watches an episode of the Netflix documentary series Dirty Money every so often to remind herself about how different ethical disasters can start in organizations. 9. Tomas is a good employee, but his closest work friends spend about half of their day playing jokes on coworkers instead of doing their jobs and he often can't help but sit back and enjoy their antics. 10. Malik started a blog called "things I hate about my job." Every week he posts an anecdote about something that annoys him at work or someone he doesn't like working with. 11. Petra buys a bottle of water from the vending machine at her office every day. When she finishes drinking her water, she throws the bottles in the trash can. 12. Josie works so much that she barely has time to eat, much less go to a gym or get 10,000 steps a day. 13. Lin makes a calendar at the beginning of each week that includes meetings, appointments, and time blocked out to focus on his own projects. 14. Mario takes a 10-minute work break every couple of hours and sits on the bench outside of his building. On rainy days, he stands by a window and watches the rain fall, focusing on to the sounds it makes against the ground and building. 15. Anderson doesn't read the news, doesn't watch any TV except for fictional series, and has stopped checking his social media because he thinks that seeing what's going on in the world is too depressing. 16. Mackenzie has started going to sleep at 10pm every single night and finds that she's now consistently getting 7-8 hours of sleep.

1) reduce your carbon footprint 2) spend time in nature 3) avoid people who lack integrity 4) increase your level of exercise 5) foster positive emotions in yourself and others 6) fulfill your promises and keep appointments 7) get the proper amount of sleep 8) expand your awareness of social realities 9) avoid people who lack integrity 10) foster positive emotions in yourself and others 11) reduce your carbon footprint 12) increase your level of exercise 13) fulfill your promises and keep appointments 14) spend time in nature 15) expand your awareness of social realities 16) get the proper amount of sleep

Read the statements below. Then, choose whether each statement describes an element of an organization's task environment or an element of an organization's general environment. 1. The customers who buy the organization's goods or who pay to use the organization's services. 2. The dominant political views in an organization's area of operation. 3. Venture capitalists who are willing to provide startup funds for a new organization. 4. The unemployment rate in an organization's country of operation. 5. The vendors who supply the organization with raw materials. 6. Changes in preferences among younger generations of consumers.

1) the task environment 2) the general environment 3) the task environment 4) the general environment 5) the task environment 6) the general environment

Read the statements about each manager's socially responsible activities. Then match each statement to the correct area of social responsibility according to Carroll's Corporate Social Responsibility Pyramid. 1) Philanthropic Responsibility 2) Ethical Responsibility 3) Legal Responsibility 4) Economic Responsibility Match each of the options above to the items below. A) Laila always allows her employees to take time off for charity events. She feels it is important to "give back." B) Although the ad that was sent out was wrong, Orlando felt it was important for the stores in his territory to honor the pricing - even though they were losing a little money on each sale. C) As part of her job, Taylor ensures that income is reported properly. Not reporting income during the right period could result in fines. D) Asher is diligent at controlling costs in his area. He is always mindful of profitability.

A) 1 B) 2 C) 3 D) 4

Based on Carroll's global corporate social responsibility pyramid, Amy's is fulfilling which of its responsibilities?

economic, legal, ethical, philanthropic

Based on Carroll's global corporate social responsibility pyramid, Natalie is focused on ________ responsibility while Marcus is focused on ________ responsibility.

economic; ethical

The college admissions scandal stops at which level of Carroll's global corporate social responsibility pyramid?

legal responsibility