Exam 5: Managing Social Responsibility and Ethics

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John Doe is employed with the IT department in Abel and Associates,that provides financial consultancy services to several wealthy investors.He is approached by a shady investor who offers attractive incentives for stealing some sensitive information regarding the investment patterns of one of the clients of the company.Which of the following statements best reflects John's thoughts if he is at the principled level of moral development?

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B

What can be said about a manager who believes that she worked hard and met the productivity goals of her organization despite unfavorable conditions?

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D

Which of the following arguments on social responsibility states that pursuing social goals hurts a business's economic productivity?

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B

Outline the two individual characteristics that play a role in determining whether a person behaves ethically.

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Which of the following ISO standards is related to environmental management?

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What is the Global Compact? What are the 10 principles outlined in it?

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The Foreign Corrupt Practices Act makes it illegal for U.S.firms to ________.

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The Organization for Economic Co-Operation and Development developed a global code of ethics.

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An organization is said to adopt the market approach to going green when it responds to the environmental demands made by its stakeholders.

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The most outspoken advocate of the classical view of organizational social responsibility is Milton Friedman.

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Employees who raise ethical concerns or issues in an organization are known as ________.

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In the ________ approach of going green,organizations respond to the environmental preferences of customers.

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An Academic Question (Scenario) As a university student your institution's social principles and practices reflect on you as a stakeholder in the organization.Therefore,it is your right to question how some of these practices should be evaluated in relation to the social issues that the school is addressing. -Your university has tried to promote the establishment of shared values so that all members will understand its beliefs.The university has established ________ management.

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Compare and contrast the ideas of social obligation,social responsiveness,and social responsibility.

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Summing Up Social Responsibility (Scenario) Max Proffit,director of research and development for National Products Company,that is into producing hiking gears has learned that a new material has been developed in his department that appears to make the ropes and slings more durable.He has discussed this development with his two assistants,Susie Merriweather and Moe Gaines,and Rush Onward,vice president of product development.Susie has stated her opposition to the use of the new material because its durability has not yet been tested and has not been certified by the company's third-party testing laboratory.Moe argues that the initial tests that their R&D department completed indicate minimal problems with durability.Rush states that in several meetings he has recently attended,the company president had repeatedly emphasized the need to increase earnings per share.Rush tells Max that a decision has to be made within the week about the new material's use by the Company. -If Max resists his impulse to okay the use of the uncertified material because of the need for increased earnings per share he ________.

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The term "values" refers to the principles and beliefs that define what is right and wrong behavior.

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A student who never considers breaking into an instructor's office to steal an accounting exam didn't think twice about asking a friend who took the same course from the same instructor last semester what questions were on the exam.What does this example illustrate?

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Discuss the importance of an organization's culture as a factor that determines an employee's ethical behavior.

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________ is a document created by the United Nations outlining principles for doing business globally in the areas of human rights,labor,the environment,and anticorruption.

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The ________ view of social responsibility holds that management's only social responsibility is to maximize profits.

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