Exam 6: Managing Responsibly and Ethically

People with an internal locus of control believe that what happens to them is due to luck or chance.

John Doe is employed with the IT department in Abel & Associates,which provides financial consultancy services to several wealthy investors.He is approached by an investor who offers attractive incentives for stealing some sensitive information regarding the investment patterns of one of the clients of the company.Which of the following statements best reflects John's thoughts if he is at the preconventional level of moral development?

Marco was confused. His management class was focusing on social responsibility, and his assignment was to find examples of businesses that used different approaches toward social responsibility. He had three good examples but was not sure which case was an example of which concept. The first business was a fishing company that had been subject to protests from environmentalists. In their efforts to balance the interests of shareholders and other stakeholders, the company decided to change their harvesting methods so that dolphins would no longer be caught with tuna. The second company was a fast-food restaurant whose primary objective was to maximize profits for its owners. Restaurant employees were paid minimum wages and benefits in accordance with local labour laws. The third business was a bank that spent millions of dollars a year on charitable causes. The bank's managers felt they had an ethical responsibility to do the right things and act in ways that are good for society. -The approach taken by the fishing company is generally thought to be more ________ than the approach taken by the bank.

In defining ethical behaviour,what managers say is far more important than what they do.

The socioeconomic view of social responsibility says that management is not responsible for making profits.

The ________ approach to environmental issues is when an organization chooses to respond to multiple demands made by groups in its internal and external environments.

The values statement of Mosaic Corporation emphasizes the importance of workplace diversity.As a result,managers always select employees with diverse characteristics when organizing work teams.This illustrates which purpose of shared organizational values?

Ethical behaviour is personality based and is not influenced by organization's structural design.

The primary debate about ethics training programs is whether ________.

Employees who work for international businesses know clearly what acceptable ethical behaviour while working in foreign locations is.

Marco was confused. His management class was focusing on social responsibility, and his assignment was to find examples of businesses that used different approaches toward social responsibility. He had three good examples but was not sure which case was an example of which concept. The first business was a fishing company that had been subject to protests from environmentalists. In their efforts to balance the interests of shareholders and other stakeholders, the company decided to change their harvesting methods so that dolphins would no longer be caught with tuna. The second company was a fast-food restaurant whose primary objective was to maximize profits for its owners. Restaurant employees were paid minimum wages and benefits in accordance with local labour laws. The third business was a bank that spent millions of dollars a year on charitable causes. The bank's managers felt they had an ethical responsibility to do the right things and act in ways that are good for society. -The approach taken by the fast food restaurant also follows the ________ view of social responsibility.

The classical view of social responsibility holds that management's only social responsibility is to ________.

Managers play an especially important role in business ethics because they set the tone of the culture and are role models for other managers and employees.

Which of the following describes the lowest stage of moral development?

According to the model of the evolution of an organization's social responsibility,stage 4 is noted by an added accountability to the ________.

Which of the following determinants of ethical issue intensity considers how much agreement there is that an action is unethical?

A ________ is a formal statement of an organization's primary values and the ethical rules it expects its employees to follow.

In a short essay,discuss the importance of an organization's culture as a factor that determines an employee's ethical behavior.

Which of the following determinants of ethical issue intensity asks how soon the harm will be felt?

Ego strength is a personality attribute that reflects the degree to which people believe they control their own fate.