Exam 6: Managing Responsibly and Ethically

The Environmental Study (Scenario) You have just been challenged by your supervisor to study and report your findings on approaches that organizations use when dealing with the environment and when pursuing the goal of going green. Your boss tells you to study the four major approaches, differentiate among them, and report to him in a week. -What approach deals with an organization responding to the environment because of the preferences of its customers?

An employee who reports ethical concerns to others inside or outside the organization is often called a ________.

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 principled level of moral development?

Approaches to Social Responsibility (Scenario) 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 managers at the fishing company is best described as social ________.

Social and cultural differences between countries do not impact in any way the ethical and unethical behaviour of employees.

Social and cultural differences between countries ________ ethical and unethical behaviour of employees.