Exam 4: Responding to the Ethical and Social Environment
The purpose of a political action committee (PAC)is to
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Describe the three emerging ethical issues in business today.
The three emerging ethical issues in business today are:
1. Data Privacy and Security: With the increasing use of technology and data collection, businesses are facing ethical dilemmas regarding the privacy and security of customer and employee data. The misuse or mishandling of this data can lead to serious consequences and breaches of trust.
2. Environmental Sustainability: As the impact of climate change becomes more apparent, businesses are under pressure to operate in an environmentally sustainable manner. This includes reducing carbon emissions, minimizing waste, and using renewable resources. Ethical issues arise when businesses prioritize profit over environmental responsibility.
3. Diversity and Inclusion: There is a growing emphasis on diversity and inclusion in the workplace, and businesses are being held accountable for creating a fair and inclusive environment for all employees. Ethical issues arise when businesses fail to address discrimination, harassment, and inequality in the workplace.
These emerging ethical issues require businesses to carefully consider their actions and decisions, and to prioritize ethical conduct in order to maintain trust and credibility with their stakeholders.
The Chronicle of Philanthropy reported that corporate giving in 2014 rose 3%,but during the recession in 2009,it was down by 7.5%.Do you see any flaw in arguing that organizations don't have the resources for social programs and therefore should not get involved? Explain.
The argument that organizations don't have the resources for social programs and therefore should not get involved is flawed. The fluctuation in corporate giving from 2009 to 2014 demonstrates that organizations do have the resources to contribute to social programs, as evidenced by the 3% increase in giving during a non-recession year.
Furthermore, corporate giving is just one aspect of an organization's potential involvement in social programs. Many organizations have the resources and capabilities to contribute in other ways, such as through employee volunteer programs, in-kind donations, or partnerships with non-profit organizations.
Additionally, the argument overlooks the potential benefits to organizations that come from involvement in social programs, such as improved public perception, employee morale, and community impact.
In conclusion, the fluctuation in corporate giving over the years does not support the argument that organizations do not have the resources for social programs and should not get involved. There are many ways for organizations to contribute, and the potential benefits make it a worthwhile endeavor.
Procedural justice refers to people's perceptions of the fairness with which rewards and other valued outcomes are distributed within the organization.
In Major League Baseball,the Cardinals were accused of hacking into the Astros computer system to steal information.The former General Manager of the Cardinals now worked for the Astros.The Cardinals had a log of past passwords used by the GM,which enabled front office executives to enter the Astros' system.The FBI investigated the incident.This is an example of ethical issues with ______.
Match the following.You may use a response once,more than once,or not at all.
-Firm meets statutory requirements placed on it but does no more
Women in Saudi Arabia have been arrested for driving.Their actions are
Match the following.You may use a response once,more than once,or not at all.
-Official approach to social responsibility
All of the following are basic approaches to social responsibility EXCEPT
Boards of directors are responsible for which area of emerging ethical issues?
Which of the following is NOT an example of an informal approach to social responsibility?
The Coca-Cola Foundation awarded grants to communities for water conservation and community recycling.This is an example of which area of social responsibility?
Siemens is primarily an engineering company.Employees in the U.S.volunteer to run Siemens Science Day in schools and hospitals to get children excited about science.The passion for science is part of the informal organization dimension
____ is the extent to which an organization and its members follow basic moral and legal standards of behavior.
A manager who discriminates against a fifty year old man in hiring is exhibiting both unethical and illegal behavior.
Auto manufacturers are required to attain a certain average fuel-efficiency level for all the cars they sell.They try to attain the mandated levels,but they also try to get deadline extensions.The auto makers' approach to social responsibility is a(n)____ stance.
John Kopchinski,a former Pfizer sales representative,earned more than $51.5 million as a result of his lawsuit against the world's biggest drug maker and the record penalty the company must pay the U.S.government for its massive marketing transgressions.He engaged in
The success of any culture to promote ethical behavior in a society depends on
Political leaders and corporate executives who meet socially and influence each other are networking through ____________________.
The National Football League Players Association agreed to a salary cap.This is an example of how the
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