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    Terms in this set (43)

    It is a firm's responsibility to its customers to deliver what it has promised.

    true

    which of the following would be stakeholders for a manufacturer of agricultural pesticides

    all of the above

    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

    Social Responsibility is a voluntary obligation

    true

    Which of the following is an example of unethical business activity

    All of the above are example of unethical business activities

    one of the keys to ethical business behavior is

    how the company's top management conducts themselves

    ------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

    which of the following statements about human rights is true

    none of the above statements about individual rights is true

    businesses engage in Enviromental protection activities to show their responsibility to their general public stakeholders

    true

    is defined as the corporation's responsibility to satisfy the needs of its investors

    can be either a cash or noncash donation

    Walmart question

    Social responsibility

    the distributive process by which the burdens and rewards that society has to offer are shared varies from society to society

    true

    a company can only be concerned about its _______ responsibilities once it has met its economic and legal responsibilities

    ethical

    Social Responsibility should extend beyond the shareholders to include

    all of the above

    The Chubb Group Question

    Coporate philanthropy

    Alonzo Dwork Question

    Social investing

    Home Depot Question

    strategic giving

    Ethics training programs typically teach how to disguise unethical behavior and not how to avoid unethical behavior

    False

    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

    To be a useful code of ethics, the code should offer broad policies and procedures rather than detailed rules.

    False

    Which of the following statements about utilitarianism is true

    utilitarianism is designed to create both winners and losers

    ______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

    _______is the practice of trying philanthropy closely to the corporate mission or goals and targeting donations to regions where a company operates

    Strategic giving

    At the base of the corporate social responsibility pyramid is

    economic responsibilities

    ____Is the concern of businesses for the welfare of society as a whole

    Social responsibility

    ______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

    The highest level of the corporate social responsibility pyramid is

    philanthropic responsibilities

    The most basic responsibility of all businesses is its economic responsibility.

    true

    Music Techer Question

    Code of ethics

    In the 21st century we define justice as

    an equitable distribution of the burdens and rewards that society has to offer

    US Steel Question

    Social Responsibility

    ______are all the individuals or groups to whom a business has a responsibility

    Stakeholders

    _____is the set of moral standards for judging whether something is right or wrong

    Ethics

    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

    another factor influencing ethics is ______ or what is fair according to prevailing standards of society

    justice

    all businesses approach ethics the same way

    false

    human rights include an individual's right to life to freedom and the pursuit of happiness

    true

    an organizations first responsibility is to provide a job to its employees

    true

    a company has achieved the level of ____ responsibilities when it has met its ethical legal and economic responsibilities

    philanthropic

    ethical decision making begins in the marketing department

    false

    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

    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

    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

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