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Exam 4: Demanding Ethical and Socially Responsible Behavior

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Question 131

Multiple Choice

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In order to combat "Green Washing",

A) various organizations are offering consumer information on this topic.
B) the government offers tax breaks to companies who deploy resources toward eradicating the problem.
C) the government urges consumers to focus on getting the lowest price on products and services.
D) everyone should adopt the late Milton Friedman's social policies.

E) A) and B)
F) None of the above

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Question 132

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A friend offers to share with you a term paper previously prepared for her Introduction to Business class last semester.When you tell her that it wouldn't be fair,she reminds you of your habit of reading an entire Harry Potter book at the local bookstore without paying for the book.Which ethics-based question would be most helpful in evaluating these situations?

A) Is it legal?
B) Is it balanced?
C) Who wins and who loses?
D) Will I get caught?

E) B) and D)
F) None of the above

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Question 133

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Since most ethics violations are small and rather insignificant in nature,employees need to understand that addressing these issues is secondary to making profits.CEOs may be justified in putting these on the back-burner,waiting for more convenient moments to address them.

Opponents of CSR Corporate Social Responsibility)argue that firms who use their profits to promote social causes are not being fair to investors who provided the funds for the purpose of financial gain.

On her company website,Ali asks customers who fill orders to place a check-mark in a box if they are willing to let her share their information with her suppliers.By asking this question,Ali is addressing privacy issues,and covering her actions in case someone should try to sue her for sharing private information.She is responding to the question,"Are my proposed actions legal?"

A high-level manager gathers his team of supervisors together to create a new office policy that will affect all employees at the company.After receiving a verbal nod from the supervisors,he then proceeds to pass around a written form of the new policy and asks all members of the team to initial it.He explains to the supervisors that the new policy will be posted in the break rooms on each floor of corporate headquarters.If you were a part of this work team,which question would you ultimately ask yourself before initialing your approval of this policy?

Legal behavior is a first step toward ethical behavior.

Although the green movement is a social trend,it is difficult to predict its future contributions to society.

Purposefully understating your firm's income to avoid paying higher taxes is an example of:

Recently,a large insurance company in the Midwest made a public commitment toward corporate philanthropy when it dedicated 3% of its profits toward the cultural and environmental concerns of the large metropolitan area that houses its corporate headquarters.The CEO stated,"In honor of several hundred employees that come to work here everyday,we want to give something back." In light of the fact that this is only helping one metropolitan area,the donation falls outside the realm of corporate social responsibility.

Which of the following is a reason why a business should be managed ethically?

The difference between an organization's positive social contributions and its negative social impacts is called their:

Business behavior determines the ethics of society.We can improve society's moral and ethical behavior by first making a commitment to improving business's moral and ethical behavior.

A common form of cheating in schools today is plagiarizing material from the Internet.

The ethical standards by which international political leaders are judged are more lenient today than they were in years past.

Some critics of corporate social responsibility view spending money on CSR as:

Going green means:

With respect to business ethics,it can be said that "it takes two to tango." This indicates that:

Cigarette producers label their products with warnings of potential health hazards.Due to the fact that this is a government mandated disclosure,it is part of the industry's compliance-based ethics.

Trust between workers and managers must be based on a foundation of fairness,honesty,openness,and moral integrity.