Exam 4: Responding to the Ethical and Social Environment

Secrecy and confidentiality are major considerations in the relationship of the employee to the firm.

As applied to social responsibility,social audits represent what function of management?

Judith Cruz,the executive director of the Treasure Coast Food Bank,had a logistics problem.She contacted Wal-Mart to ask for management advice.Members from Wal-Mart's distribution team arrived at the food bank,helping it improve its warehousing,sorting,and routing,to allow more food deliveries per week.The food bank went from serving 42,000 meals per week to more than 100,000 meals.Cruz says the advice provided by Wal-Mart would have cost hundreds of thousands of dollars if contracted with a management consulting firm.This is an example of

When the SEC brought charges against Bernard Madoff and his CFO,it was exercising its power of

Managers who agree with Milton Friedman's economic arguments against social responsibility will most likely take an approach to social responsibility known as a(n)____ stance.

The Food and Drug Administration (FDA)is an example of which of the following areas of government regulation?

Information technology and privacy continues to be an ethical issue.

Any effort to enhance an organization's ethical behavior must begin with

You will not be able to predict from your job interview what your first ethical dilemma will look like.So how can you prepare yourself to handle the unknown situation?

Under U.S.law,it is illegal for a U.S.firm operating in a foreign country to pay bribes to get what it needs.Natives of some of those same countries consider the payment of bribes to be perfectly acceptable.Which of the following influences may account for this difference?

Match the following.You may use a response once,more than once,or not at all. -Government establishes laws and rules that dictate what businesses can and cannot do

The Internet is also seen as having the potential to play an important role in natural resource conservation,as many e-commerce businesses and transactions are reducing both energy costs and pollution.

When Bernard Madoff was on house arrest he started mailing his assets to other people.He demonstrated a(n)____________________ stance.

Fracking is a controversial process of using high pressure to force sand,chemicals,and water into shale formations to release the natural gas and oil located there.It has greatly increased supply of natural gas and oil in the United States.European nations put a moratorium on it citing environmental concerns.The Europeans are primarily concerned with the stakeholder the ____________________ .

Informational justice relates to the degree of fairness people see in how they are treated by others in their organization.

Which of the following is a basic area of government regulation of business?

The firm using a(n)____ approach to social responsibility meets its obligations and is also willing to respond to appropriate societal requests.

Why should an organization contribute to socially responsible programs?

A(n)____________________ is a formal and thorough analysis of the effectiveness of a firm's social performance

____________________ have become almost commonplace in today's world.Ranging from business to sports to politics to the entertainment industry,they have rocked stakeholder confidence and called into question the moral integrity of our society.