BUS 100 QUIZ 2

Ace your homework & exams now with Quizwiz!

Which of the following best describes a proactive stance to social responsibility?

a company actively seeks opportunities to contribute to the well being of groups and individuals in its social environment

When evaluating a decision based on the ethical norm of rights, a manager will consider which of the following questions?

Does the decision respect the rights of the individuals involved?

When evaluating a decision based on the ethical norm of justice, a manager will consider which of the following questions?

Is the decision consistent with what we regard as fair?

Firms that adopt a(n) ________ stance to social responsibility meet their legal requirements and exceed legal minimums when specifically asked.

accommodative

Which of the following best describes ethics?

beliefs about which is right or wrong or good or bad in actions that affect others

Which of the following best describes social responsibility?

the attempt of a business to balance its commitments to groups and individuals in its environment, including customers, other businesses, employees, investors, and local communities

In the United States, tobacco companies are legally required to include warnings to smokers on their products and to limit advertising to prescribed media. Within the U.S., they follow these rules but use more aggressive methods in countries with no such rules. As such, tobacco companies typically adopt a(n) ________ stance to social responsibility in marketing their products.

defensive

During the clinical trial for a new multivitamin, a top researcher discovers a higher than expected occurrence of pancreas and kidney cancer among those taking the drug. Rather than disclosing the information, he tells top management, shreds the reports, and denies any knowledge of the incident when questioned. This is an example of a(n) ________ stance to social responsibility.

obstructionist

The founders of Ben and Jerry's ice cream established a corporate policy of giving 7 1/2 percent of pre-tax profits to charity. This is an example of a(n) ________ stance to social responsibility.

proactive

Which of the following best describes managerial ethics?

standards of behavior that guide managers in their work


Related study sets

Chapter 17: Anti-infective Drugs

View Set

US History - Buildup to the American Civil War

View Set

ECPI 2020 NUR 164 CHAPTER 6: VALUES, ETHICS, AND ADVOCACY

View Set

MICRO Chapter 13- Monopolistic Competition

View Set

Numbers Written as Words (millions to thousandths)

View Set

Topic 5: Short Answer and Completion Items

View Set