Exam 4: Integrative Managerial Issues

The United States is an example of a country with small power distance.

The classical view of social responsibility holds that spending time, money, labor, or energy to improve society's welfare would ________.

The argument against social responsibility that states that pursuing goals other than making profits diverts a company away from its primary goal of making profits is known as ________.

Sony is an example of a multidomestic company.

Which of the following would be likely to be true in a country with a high power distance?

Opposing Views of Social Responsibility (Scenario) The board of directors of the Four Forks Generating Corporation is meeting to consider the construction of a new electrical generation facility near the Four Forks River. Director Appleton prefers a coal-burning plant because it promises to be the most profitable alternative. Over the short term at least, a coal plant will be by far the least expensive facility to build and operate. Coal is cheap and the considerable pollution from the plant won't affect anything within hundreds of miles from the plant. Director Estrella wants a nuclear plant to be located 30 miles upriver from the biggest city in the area. Nuclear power is cleaner than coal. Completely safeguarding the community against accidents in the plant or the disposal of toxic waste could be very expensive. However, Estrella has discovered that the job can be done much more cheaply by cutting some corners-while still strictly following all laws-and creating some additional risk for the community. Director Jossleman supports the most expensive option of the three-she wants a wind farm to be built along the banks of the river on top of a ridge. The wind turbines produce absolutely no pollution and pose no threat to the community or the environment. They are expensive to build and to operate at the current time because they require elaborate back-up systems to function when the wind isn't blowing. -Director Jossleman is exhibiting which of the following social responsibility views?

The socioeconomic view of social responsibility states that a business ________.

The boundaries of the global village are drawn by the major economic powers-the United States, China, and Japan.

A society with high uncertainty avoidance relies on rules and trusts its social institutions to deal with an uncertain future.

In a short essay, define parochialism and explain why it can be a problem for U.S. managers.

Which of the following would NOT be called an "American company"?

In most cases, organizations that have managers who behave ethically tend to have ________.

Workplace diversity focuses on the differences between people, but not their similarities.

Which of the following is NOT an argument against the idea that companies should be socially responsible?

Managers hire contingent workers because they are ________ than permanent workers.

Opposing Views of Social Responsibility (Scenario) The board of directors of the Four Forks Generating Corporation is meeting to consider the construction of a new electrical generation facility near the Four Forks River. Director Appleton prefers a coal-burning plant because it promises to be the most profitable alternative. Over the short term at least, a coal plant will be by far the least expensive facility to build and operate. Coal is cheap and the considerable pollution from the plant won't affect anything within hundreds of miles from the plant. Director Estrella wants a nuclear plant to be located 30 miles upriver from the biggest city in the area. Nuclear power is cleaner than coal. Completely safeguarding the community against accidents in the plant or the disposal of toxic waste could be very expensive. However, Estrella has discovered that the job can be done much more cheaply by cutting some corners-while still strictly following all laws-and creating some additional risk for the community. Director Jossleman supports the most expensive option of the three-she wants a wind farm to be built along the banks of the river on top of a ridge. The wind turbines produce absolutely no pollution and pose no threat to the community or the environment. They are expensive to build and to operate at the current time because they require elaborate back-up systems to function when the wind isn't blowing. -Director Appleton exhibits which of the following social responsibility views?

Any action that is illegal is unethical and any action that is legal is ethical.

Suppose that a study shows that companies that were not socially involved tended to be less profitable than socially involved companies. Which of the following can be concluded?

Of the approaches to pursuing international markets, developing a ________ involves the greatest commitment and risk.

The socioeconomic view is that management's social responsibility goes beyond making profits to include ________.