Exam 3: The Managers Changing Work Environment and Ethical Responsibilities: Doing the Right Thing

When judging an organization's policies-such as fair and impartial administering of promotions regardless of gender,age,sexual orientation,and the like-ethical behavior under the justice approach is guided by respect for impartial standards of fairness and equity.

The board of directors of a corporation is responsible to see that the company is being run according to the employees' interests.

Joe,a lobbyist who represents a certain industry,is meeting with several members of Congress to try to exert political influence by contributing funds to the lawmakers' election campaigns.Joe also is involved in a letter-writing campaign to promote his cause.Joe represents a ____.

Donna loves to cook,and when she needs certain types of herbs,fruits,and vegetables to make a recipe,she usually shops at Phillip's Grocery because it carries a nice selection of fresh produce.Donna is considered a customer of Phillip's Grocery.

Greg,the president of an IT company,purchased a large number of shares of company stock before the news of a new revolutionary computer processor was made public that will cause company profits to increase considerably.This action by Greg could be considered an example of _____.

Mr.Jones,a wealthy businessman who made his fortune in the oil industry,understands the importance of a college education,so he has given over $10 million over the last several years to colleges and universities.This is an example of _____.

The marketing director informed his employees that he feels the company needs to improve its relationship with the distributors of the company's products to increase market share because they are part of the ______ environment of the company.

Amy,a successful banker and educator,has decided to retire,but she is very interested in staying involved with a company "that cares." So when asked to be on its board of directors,she gladly accepted the invitation.As a member of the board,Amy will be involved with the organization's ____.

The utilitarian approach is guided by what will result in the individual's best long-term interests.

Summarize the Sarbanes-Oxley Act of 2002 and describe the mandates it placed on organizations.

The beliefs by individuals regarding what they feel others will observe in their behavior are called ethics.

The macroenvironment is also known as the ______.

What mechanism is used to provide a systematic assessment of an organization's triple bottom line?

Research has shown that students who don't actually do the assigned work and cheat are more likely to commit felonies and develop depression disorders.

Members of the National Organization for Animals (NOA)have launched a letter-writing campaign to elected officials and have contributed funds to election campaigns to try to exert political influence;NOA is an example of a government regulator.

The mass media is considered part of an organization's _____.

On an organization's board of directors,inside directors ____;outside directors _____.

Prior to a 2010 natural-gas pipeline explosion in San Bruno,California,Pacific Gas & Electric chose to use its surplus revenues to improve safety,an example of ethical decision-making.

When illegal female immigrants from Central America are transported into Texas and forced to work seven days a week or as prostitutes,this violates the moral-rights approach.

Economic forces consist of the general economic conditions and trends like unemployment,inflation,interest rates,and economic growth that may affect an organization's performance.