Exam 2: Making Ethical Decisions and Managing a Socially Responsible Business

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_____ is the practice of tying philanthropy closely to the corporate mission or goals and targeting donations to regions where a company operates.

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C

Which of the following statements about utilitarianism is true?

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A

If the company wants employees to take ethical training seriously, the training should not include games.

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False

The highest level of the corporate social responsibility pyramid is:

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Which of the following is an example of an unethical business activity?

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_____ is the concern of businesses for the welfare of society as a whole.

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The Home Depot supplies all the materials and the labor expertise for Habitat Homes in various regions of the country where the retail giant has a store.Its top management believes that this type of philanthropy better reflects the company's commitment to the community than simple donations to the American Cancer Society and similar national charities.The Home Depot is using the practice of:

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Which of the following is an example of a trend in ethics and social responsibility?

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Corporate philanthropy excludes any noncash donations.

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

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A company can only be concerned about its _____ responsibilities once it has met its economic and legal responsibilities.

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Which of the following statements about human rights is true?

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How does strategic giving differ from corporate philanthropy?

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Another factor influencing business ethics is _____, or what is fair according to prevailing standards of society.

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Which of the following would be stakeholders for a manufacturer of agricultural pesticides?

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Social investing:

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A group of investors in a retirement fund removed their money from the fund when they learned the fund manager had invested in a gambling casino.The investors' religious beliefs lead them to believe in the fundamental evil of all forms of gambling.These investors were engaging in:

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An organization's first responsibility is to provide a job to employees.

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Enlightened firms are realizing that empowerment puts too much stress on employees and are eliminating empowerment programs.

(True/False)
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The distributive process by which the burdens and rewards that society has to offer are shared varies from society to society.

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