Exam 2: Ethics and Social Responsibility in Business

The human resources manager at Fastener,Inc.,a manufacturer of office staplers,wants to encourage a more ethical climate in the organization.A likely way for Fastener to do this is to

A whistle-blower is a person who

Betsy's Clothiers,a dress factory in Boston since 1927,had 100 employees working in her dress-making factory.Many of the employees are women and children who work long hours.She rotates shifts throughout the day so employees do not do the same tasks throughout the entire day.She discovered that this makes it possible for the children to work longer and harder.She also allows employees to take a 15-minute lunch break and two breaks during the day to use the restroom.One of her employees,a ten-year-old named Sam,has complained that it is too cold in the factory to work in the winter and too hot to work in the summer and that 15 minutes is an insufficient amount of time to eat lunch.He has reported Betsy's Clothiers to the mayor and asked that he intervene on behalf of the employees at the factory.Which of the following statements was true about government regulation of businesses prior to 1930 and how this regulatory scheme will affect Sam?

Ethical behavior is most likely to be compromised when the personal ethics of businesspeople are high.

The Johnson Spring Coal Mine recently discovered that the mine was contaminating the local drinking water.Cleaning up the mine and the surrounding areas would probably bankrupt the mine,causing the loss of hundreds of local jobs,but doing nothing would endanger the health of the community.The mine faces a serious ____ decision.

Which of the following is not one of the steps in developing and implementing a program of social responsibility?

The study of the morality of choices made by people is known as

When sulfur emitted by smokestacks combines with moisture in the atmosphere to form acids that are spread by the wind,____ results.

The Sarbanes-Oxley Act of 2002 deals with corporate responsibility,conflicts of interest,and corporate accountability.

With whom does social responsibility of business have to begin?

​The economic model of social responsibility holds that society will benefit most when business is left alone to produce and market profitable products that society needs.This economic model is based on the notion that

Manna's Coffee ​Eun-Sang is a highly respected person within her community.She is Asian in a largely Caucasian-populated area.Since Eun-Sang was looking for a new job,she went to a new company in the area called Manna's Coffee,where she applied for a position.After the interview,Eun-Sang felt confident that she would be hired because of her qualifications.However,she did not get a call back.Initially,Nancy did not think twice about it,but she felt differently when she visited the same coffee store later to purchase something for a friend.The company had hired an inexperienced Caucasian male with a history of unemployment.At this point,Eun-Sang was quite aggravated,but she left the issue alone.??She ended up asking an associate for an espresso machine.The employee informed Eun-Sang where the machine was located and retrieved it for her.Eun-Sang asked if there were any other espresso machines of higher quality.When the associate said no,Eun-Sang purchased the item and left.After she gave the gift to her friend,she noticed a much better quality espresso machine that someone else had given her.Eun-Sang asked where they had purchased it,and they responded,"Manna's Coffee." -Refer to Manna's Coffee.Which basic consumer right was infringed when Eun-Sang bought the espresso machine?

​Firms have routinely turned down work to individuals with little education or vocational training and a long history of unemployment.These people are known as

A social responsibility program may be funded by the federal government through tax reductions or other incentives.

Businesspeople,by the very nature of their work,rarely face ethical issues to resolve.

Major advances in consumerism have come through

Nathaniel Phillips dropped out of high school the day he turned sixteen.Over the next seven years he had brief employment at McDonald's and a lawn mowing business.Nathaniel could be classified as

By establishing Ronald McDonald Houses,temporary lodging for individuals with seriously ill family members,McDonald's has committed itself to more than just shareholder wealth maximization.The corporation's active role in improving societal conditions suggests that it is responsive to which of the following arguments?

By ensuring that products are safe and reliable,the Food and Drug Administration and the Consumer Product Safety Commission are taking part in a movement known as

Which president led the way in creating programs to improve the working and social conditions in the United States in the 1930s?