Exam 5: Managing Ethics and Social Responsibility

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Caleb is a manager at Computer-Care Company. He is expected to consider the effort of each decision alternative on all parties and select the one that optimizes the satisfaction for the greatest number of people. This is an example of the:

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A

Special interest groups include trade associations, political action committees and consumerists.

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True

Explain the concept of a stakeholder and list five common stakeholders.

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A stakeholder is any individual or group of people, inside the organization or outside the organization, that has a stake or direct interest in that organization's performance. Stakeholders inside the organization include the employees, the managers, and the stockholders. Stakeholders outside the organization include customers, suppliers, regulatory agencies, and creditors.

People making decisions based on an internal set of beliefs that has more meaning to them than the expectations of others:

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Only about _____ percent of American adults reach the level-three stage of moral development.

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When an official is given the responsibility of overseeing all aspects of organizational morality and legal compliance, she is referred to as:

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Utilitarian, individualism, and moral-rights are approaches that guide ethical decision-making.

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The _____ approach to ethical decision making sidesteps debates about what is right, good, or just and bases decisions on prevailing standards of the profession and the larger society, taking the interests of all stakeholders into account.

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Procedural justice requires that rules be stated clearly, consistently and impartially enforced, and administered fairly.

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Discretionary responsibility is purely voluntary.

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Which of the following concepts argues that organizations can find innovative ways to create wealth at the same time they are preserving natural resources?

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Briefly explain the justice approach to ethics and then explain the three types of justice.

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Economic development that generates wealth and meets the needs of the current population while preserving the environment for the needs of future generations refers to sustainability.

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The majority of managers operate at the preconventional level of personal moral development.

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One of the newest positions in organizations is the chief operating officer, a response to widespread financial wrongdoing in recent years.

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A decision to monitor employees' nonwork activities violates the right to _____.

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Ethical responsibility includes behaviors that are not necessarily codified into law and may not serve the corporation's direct economic interests.

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Which of these is the disclosure by an employee of an illegal activity?

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List and define the stages of moral development.

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_____ justice requires that different treatment of people not be based on arbitrary characteristics.

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