Exam 3: Ethics and Social Responsibility: Character Doesnt Stay Home When We Go to Work

Sam, a college student, wants to be president of a company someday, but he also wants to raise a family and enjoy recreational activities. Sam is focused on his __________ values.*

Fortunately, in deciding on what behavior is ethical, one can simply follow the "letter of the law."

Moral managers consider the ethical implications of their actions as a part of their normal approach to work.

The terms stakeholders and stockholders refer to the same group and are interchangeable.

__________ is "right" or "good" in the context of a governing moral code.

The most common unethical acts by managers and supervisors include verbal, sexual, and racial harassment; misuse of company property; and giving preferential treatment.

The __________ view considers ethical behavior to be that which delivers the greatest good to the greatest number of people.

__________ justice focuses on the fairness of exchanges or transactions.

While not a justification for the responsibility of any of the involved parties, your author argues that a primary source of pressure leading to ethical dilemmas comes from __________.

__________ are well-thought-out personal rules and strategies that serve to anchor our ethical decisions and actions.

__________ is a goal that addresses the rights of present and future generations as co-stakeholders of present-day natural resources.

__________ responsibility exists when an organization earns a profit through the provision of goods and services desired by customers.

John is a middle manager. He chooses to stay out of ethical issues because "they are too messy." John is a(n) __________ manager.

__________ is "right" or "good" in the context of a governing moral code.

Personal beliefs such as honesty, caring, and integrity are called __________.*

A(n) __________ is a formal statement of values and ethical standards.

__________ is the obligation of the organization to act in ways that serve both its own interests and the interests of its stakeholders.

The group of all people and institutions directly impacted by a firm are called __________.

Sam is graduating from college and is looking for a position as a first line production manager and would like to become the president someday. He knows what he wants to do in the future, but he also wants to work for a firm with a culture that matches his personal values. This is an example of __________ values.

Beliefs that good grades are obtained through good study habits or luck in getting the "right" test questions or sitting beside "smart" friends are all examples of __________.*