Chapter 2 test
all businesses approach ethics the same way
false
ethical decision making begins in the marketing department
false
The highest level of the corporate social responsibility pyramid is
philanthropic responsibilities
Which of the following statements about utilitarianism is true
utilitarianism is designed to create both winners and losers
------is the practice of charitable giving by corporation includes contributing cash donating Equipment and products and supporting the volunteers' efforts of company employees
corporate philanthropy
______Is the practice of limiting investments to securities in companies that behave in accordance with the investor's beliefs about ethical and social responsibility
social investing
Social responsibility goes beyond obligations provided by law or union contract two important aspects of social responsibility are that the obligation in both
voluntary and broad
Which of the following is an example of unethical business activity
All of the above are example of unethical business activities
Music Techer Question
Code of ethics
The Chubb Group Question
Coporate philanthropy
Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior
False
To be a useful code of ethics, the code should offer broad policies and procedures rather than detailed rules.
False
during a two-month period Lardo commercial SA the manufacturer of handcrafted porcelains donated ten percent of its retail profits to the Susan G Komen Breast Cancer Foundation the action was legal and ethical and allowed the company to still be profitable according to the pyramid of corporate social responsibility it was acting at the ------- responsibilities level
Philanthropic
US Steel Question
Social Responsibility
Alonzo Dwork Question
Social investing
Social Responsibility should extend beyond the shareholders to include
all of the above
which of the following would be stakeholders for a manufacturer of agricultural pesticides
all of the above
In the 21st century we define justice as
an equitable distribution of the burdens and rewards that society has to offer
is defined as the corporation's responsibility to satisfy the needs of its investors
can be either a cash or noncash donation
At the base of the corporate social responsibility pyramid is
economic responsibilities
a company can only be concerned about its _______ responsibilities once it has met its economic and legal responsibilities
ethical
one of the keys to ethical business behavior is
how the company's top management conducts themselves
another factor influencing ethics is ______ or what is fair according to prevailing standards of society
justice
Many weight-loss programs advertise that they can help individuals lose a great deal of weight without any changes in the individual's lifestyle. Typically when the person who has lost the weight leaves the program, he or she regains all the lost weight. This yo-yoing is almost as bad for the body as the excess weight. These weight-loss programs are engaged in _____ behavior.
legal but responsible
which of the following statements about human rights is true
none of the above statements about individual rights is true
a company has achieved the level of ____ responsibilities when it has met its ethical legal and economic responsibilities
philanthropic
Home Depot Question
strategic giving
Which of the following is an example of an ethical business activity
the employee reported to his supervisors that a coworker had misappropriated company funds
It is a firm's responsibility to its customers to deliver what it has promised.
true
Social Responsibility is a voluntary obligation
true
The most basic responsibility of all businesses is its economic responsibility.
true
an organizations first responsibility is to provide a job to its employees
true
_____is the set of moral standards for judging whether something is right or wrong
Ethics
which of the following statements about ethics training is true
Ethics training is Fromal training to develop awareness of inappropriate behavior and to practice appropriate responses
Walmart question
Social responsibility
____Is the concern of businesses for the welfare of society as a whole
Social responsibility
______are all the individuals or groups to whom a business has a responsibility
Stakeholders
_______is the practice of trying philanthropy closely to the corporate mission or goals and targeting donations to regions where a company operates
Strategic giving
businesses engage in Enviromental protection activities to show their responsibility to their general public stakeholders
true
human rights include an individual's right to life to freedom and the pursuit of happiness
true
the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society
true
Mamma's Diner was a small restaurant that was a popular hangout for many Bedford College students, but because of the owner's inability to make the bathroom stalls handicapped accessible for the one wheel-chair student on campus, it was forced to close down. The belief that this it was morally wrong to deprive the majority of the people of this experience is an expression of the philosophy associated with:
utilitarianism
______is a philosophy that focuses on the consequences of an action to determine whether it is right or wrong this philosophy holds that an action that affects the major adversity is morally wrong
utilitarianism