Deck 3: Ethics and Social Responsibility

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Question
Morals are rules people develop as a result of cultural values and norms.
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Question
Sustainability is a popular theory in cause-related marketing.
Question
The pyramid of corporate social responsibility portrays philanthropic performance as the foundation for the responsibilities.
Question
A virtue is a character trait valued as being good.
Question
Business gift giving is considered as the most unacceptable business practice in China.
Question
Behavioral norms are standards of proper or acceptable behavior.
Question
A person who follows the deontological theory:

A)chooses the alternative that adheres to laws and standards set by government without considering his or her obligations toward society.
B)adopts the approach that is necessarily concerned with the welfare of others​
C)chooses an alternative based on a comparison of his current ethical dilemma with examples of similar ethical dilemmas.
D)follows his or her obligations to another individual or society because upholding one's duty is what is considered ethically correct.​
Question
Cause-related marketing is a marketing relationship based on a straight donation.
Question
Unlike the deontological theory,the utilitarian ethical theory:

A)is not necessarily concerned with the welfare of others.
B)upholds that an individual's duty is considered ethically correct​
C)determines choices that are socially beneficial and ethically correct​
D)is free from inherent flaws that are present in all ethical theories​
Question
Ethical beliefs vary widely from culture to culture.
Question
The local community is not a stakeholder of an organization.
Question
Preconventional morality moves from an egocentric viewpoint toward the expectations of society.
Question
Unlike rule utilitarianism,act utilitarianism is accurate in predicting the future outcomes of an action.
Question
The _____ states that people should adhere to their obligations and duties when analyzing an ethical dilemma.

A)deontological theory​
B)moral relativism theory
C)casuist ethical theory

D)utilitarian ethical theory
Question
In the context of the determinants of a civil society,_____ involves the voluntary acceptance of standards established by nongovernmental entities.

A)self-regulation​
B)media​
C)cause marketing​
D)green marketing
Question
An ethical decision is solely based on the number of people who are benefitted by the decision.
Question
The utilitarian theory is a belief in time-and-place ethics,that is,that ethical truths depend on the individuals and groups holding them.
Question
In the context of the utilitarian ethical theory,to a utilitarian:

A)intuition and personal feelings will guide decision making in cases of dilemmas
B)similar predicted solutions can be compared to determine the most beneficial choice.
C)a law can be broken to uphold individual duty to society​
D)​the truth of a moral judgment is relative to the judging person or group.
Question
Postconventional morality represents the morality of the mature adult.
Question
Conventional morality is the most basic level of ethical development.
Question
Who among the following is most likely to disapprove of unethical practices more strongly than others?

A)Rebecca, who has noticed that most of her colleagues often use office supplies for personal use​
B)Jason, an editor, who has noticed that all his managers agree that it is okay to plagiarize content to a small extent​
C)Sarah, a manager, whose organization does not provide guidelines on ethical behavior​
D)David, who has noticed for the first time a colleague misrepresenting data in a report​
Question
In the context of ethical theories,which of the following statements is true of moral relativism?

A)An act that is legally wrong is always ethically wrong.​
B)It does not believe in absolute rules such as laws​
C)Moral relativists believe that the choice that yields the greatest benefit to the most people is ethically correct.​
D)​It is a belief based on rules and individual obligations.
Question
Mark is a friend of Ryan,who has been accused of attempt to murder.Even though Mark knows that Ryan is guilty,he lies when the police interrogates him.Mark believes that his behavior will benefit his family and him,and hence he is not concerned about the legality of his behavior.In the context of ethical theories,Mark displays _____.

A)act utilitarianism
B)rule utilitarianism​
C)casuist relativism​
D)​moral relativism
Question
According to the three levels of ethical development,which of the following statements is true of conventional morality?

A)​It is the most basic level of ethical development
B)A person at this level performs unethical and manipulative actions.​
C)It is predominantly characterized by an egocentric viewpoint of an individual.​
D)​A person at this level is concerned how an action will be viewed by others
Question
In the context of the utilitarian ethical theory,uncertainty in predicting the future can lead to:

A)​indulging in illegal behaviors
B)boosting the image of an organization among the public.​
C)protecting the welfare of people.​
D)making the utilitarian look unethical as time passes.​
Question
Which of the following is a similarity between the deontological theory and moral relativism?

A)​Both theories are concerned with the welfare of others
B)Both theories may lead to actions that are not ethically correct.
C)Both theories are free from flaws.
D)​Both theories compare a current ethical dilemma with similar examples and outcomes.
Question
Mark is the sales manager of a reputed firm.Over his tenure,he has witnessed numerous ethical misconducts.In this case,he will observe lessethical misconduct when:

A)his coworkers have a strong ethical culture​
B)a code of ethics is absent in his firm.​
C)organizational rules are absent in his firm.​
D)​the top managers of his firm have little control over organizational culture.
Question
In the context of ethical decision making,the greater the degree of agreement among managerial peers that an action is harmful,_____.

A)​the more likely that marketers will recognize a problem as unethical
B)the lesser the likelihood that the action will result in a harmful outcome​
C)the fewer the individuals in the organization are likely to get affected by the action
D)​the fewer the number of persons affected by the negative outcome
Question
Which of the following is a similarity between act utilitarianism and rule utilitarianism?

A)Both theories advocate benefit for people through the fairest and most just means available.​
B)Both theories compare a current ethical dilemma with similar examples.
C)Both theories have flaws associated with predicting the future
D)Both theories are beliefs based on time-and-place ethics.
Question
Jordon is a sales manager.He operates at the postconventional level of morality while making ethical decisions.In this case,which of the following statements is true?

A)He is concerned about how he sees and judges himself in the long run​​
B)He is concerned about how people will view his decisions.​
C)He is calculating and self-centered while making decisions and looks for immediate benefits.​
D)He makes decisions that are not beneficial for most people​
Question
In which of the following situations are marketers most likely to recognize a practice as unethical?

A)​If the practice has very few benefits
B)If the practice is widely used throughout an organization​
C)If the practice does not have any immediate consequences
D)If the practice is very likely to result in a harmful outcome​
Question
The _____ compares a current ethical dilemma with examples of similar ethical dilemmas and their outcomes.

A)deontological theory​
B)moral relativism theory
C)casuist ethical theory
D)utilitarian ethical theory​
Question
A code of ethics:

A)should exclude guidelines for day-to-day activities​
B)should be limited to a list of do's and don'ts.​
C)should be in written form to avoid confusion
D)should be kept confidential from a firm's employees.​
Question
Hallie has a tendency to be egocentric.She follows the rules of her company mainly to avoid punishment and to gain respect.When making decisions,she always focuses on what immediate benefits she will gain from an alternative.Which of the following levels of ethical development is illustrated by Hallie?

A)​Preconventional morality
B)Postconventional morality​
C)Conventional morality​
D)Ethnocentric morality​
Question
According to the levels of ethical development,at the preconventional morality level,people:

A)focus on the long-term results of their actions.​
B)tend to have an egocentric orientation
C)tend to focus on adhering to social norms and laws​
D)​focus on being loyal to an organization.
Question
In the context of ethical behavior,morals:

A)are universal and seldom vary.​
B)set absolute standards for good and bad that are enforced by the law.​
C)may reflect the laws and regulations that affect social and economic behavior.
D)set absolute standards for good and bad that are enforced by the law.
Question
In the context of ethical theories,which of the following statements is true of rule utilitarianism?

A)Ethical truths depend on the individuals and groups holding them.​
B)Decisions must benefit the most people but through the fairest and most just means available.
C)A current ethical dilemma should be compared with similar examples and outcomes before deciding on a course of action.​
D)​Intuition and personal feelings should guide decision making in case of dilemmas.
Question
In which of the following situations are marketers most likely to recognize a practice as unethical?

A)If the practice has very few benefits​
B)If the practice is widely used throughout an organization
C)If the practice does not have any immediate consequences
D)​If the practice is very likely to result in a harmful outcome
Question
Allan speaks out against those who litter on roads because he believes that society expects cleanliness from people.This illustrates _____.

A)preconventional morality​
B)social control​
C)moral relativism​
D)​conventional morality
Question
Robin,a police sergeant,believes that bribing is illegal.He does not accept bribes irrespective of the amount of money.Robin displays _____.

A)act utilitarianism​
B)rule utilitarianism​
C)ethical relativism​
D)moral relativism​
Question
Which of the following is one of the four major components of the pyramid of corporate social responsibility?

A)Opportunism
B)Self-dealing
C)Creativity​
D)​Philanthropy
Question
Which of the following statements is true about the pyramid model of corporate social responsibility?

A)​It states that philanthropy should be the most important function of a corporation.
B)It states that ethical responsibilities of a corporation provide the basis for other responsibilities.
C)It states that if a company does not make a profit, then the other responsibilities are moot.​
D)​It states that social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation.
Question
_____ is a business's concern for the long-range welfare of both the company and its relationship to the society within which it operates.

A)Preconventional morality​
B)Moral relativism​
C)Corporate self-dealing​
D)Corporate social responsibility​
Question
List and describe the three levels of ethical development.
Question
Differentiate between the casuist ethical theory and moral relativism.
Question
Quasio Foods Inc.is a large food manufacturing corporation that earns more profits than its competitors.The company uses only organically grown grains and fruits.It also promotes organic farming and helps nonprofit agencies who focus on food and nutrition causes.The company has now decided to launch a campaign to promote healthy eating habits among the youth.In this scenario,Quasio Foods is most likely to have adopted the concept of _____.

A)​divestment
B)consumerism
C)opportunism
D)​sustainability
Question
Which of the following companies is an advocate of sustainability?

A)​Poldoid Inc., a manufacturer of plastic products, uses biodegradable plastics to reduce the generation of hazardous wastes.
B)Harlose Brothers, an ice cream manufacturer, offers discounts on its ice creams during summer
C)Magnira Inc., a textile company, uses cost-effective strategies to generate higher profits
D)Laelle Corp.'s management believes that its employees are the most important and valuable resource of the company.
Question
Define the pyramid of corporate social responsibility and list its components.
Question
Under the Foreign Corrupt Practices Act (FCPA),_____.

A)U.S. corporations are prohibited to involve in international business dealings​
B)U.S. corporations are prohibited to make illegal payments to foreign governments
C)prosecutions against bribery have significantly declined​
D)​several U.S. businesses are offered significant advantages
Question
The stakeholder theory of corporate social responsibility:

A)​considers the management of an organization as one of the stakeholders.
B)excludes customers and government agencies from the list of stakeholders
C)does not consider the owners of an organization as the stakeholders
D)​pays attention to the unaffected stakeholder in every aspect of a firm's operation.
Question
In the context of corporate social responsibility,which of the following statements is true of the stakeholder theory?

A)It states that companies should only focus on increasing shareholder wealth​
B)It states that social responsibility is best carried out by government agencies.​
C)It states that a company is expected to be a good citizen in its community
D)​It states that employees and not the top management should be involved in corporate social responsibility.
Question
Which of the following statements is true of corporate social responsibility?

A)The primary responsibility of social welfare rests with governments and not business firms​
B)The free market, not companies, should decide what is best for the world
C)Businesses have resources, so businesses should be given the chance to solve social problems
D)Businesses never perpetrate social problems as the primary objective of businesses is making profits​
Question
In the context of ethics in other countries,which of the following statements is true?

A)Corruption seldom occurs in international business dealings.​
B)Usage of illegal payments is accepted and expected in various countries
C)Ethical beliefs widely vary from culture to culture.
D)Prosecutions under the Foreign Corrupt Practices Act have significantly declined.​
Question
Which of the following statements is true of cause-related marketing?

A)​It is the cooperative efforts of a for-profit firm and a nonprofit organization for mutual benefit
B)It is a marketing relationship based on a straight donation​
C)It occurs when government agencies and nonprofit agencies launch social campaigns
D)​It seldom helps companies increase the sale of their products
Question
Ronald Systems Inc.has developed a line of appliances that run on solar energy and cause no harm to the environment.Which of the following concepts is illustrated in this scenario?

A)​Divestment
B)Opportunism
C)Green marketing
D)​Cause-related marketing
Question
Briefly explain the factors that tend to influence ethical decision making and judgments.
Question
Explain green marketing and outline its impact.
Question
A business firm is collaborating with a nonprofit organization in an initiative to provide public relations training to working professionals throughout a country.Twenty percent of the fee that the working professionals would pay is given to the nonprofit organization.The money is then used by the nonprofit organization to fund the training program.This scenario illustrates _____.

A)relationship marketing​
B)effect-related marketing
C)cause-related marketing​
D)green marketing​
Question
Explain green marketing and outline its impact.
Question
Which of the following is a disadvantage of cause-related marketing?

A)​It does not increase the sale of products
B)It can lead to consumer cause fatigue​
C)It results in immediate losses for a company because of its focus on a cause​
D)​It requires corporations to use anti-competitive measures
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Deck 3: Ethics and Social Responsibility
1
Morals are rules people develop as a result of cultural values and norms.
 True
2
Sustainability is a popular theory in cause-related marketing.
 False
3
The pyramid of corporate social responsibility portrays philanthropic performance as the foundation for the responsibilities.
 False
4
A virtue is a character trait valued as being good.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
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k this deck
5
Business gift giving is considered as the most unacceptable business practice in China.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
6
Behavioral norms are standards of proper or acceptable behavior.
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7
A person who follows the deontological theory:

A)chooses the alternative that adheres to laws and standards set by government without considering his or her obligations toward society.
B)adopts the approach that is necessarily concerned with the welfare of others​
C)chooses an alternative based on a comparison of his current ethical dilemma with examples of similar ethical dilemmas.
D)follows his or her obligations to another individual or society because upholding one's duty is what is considered ethically correct.​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
8
Cause-related marketing is a marketing relationship based on a straight donation.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
9
Unlike the deontological theory,the utilitarian ethical theory:

A)is not necessarily concerned with the welfare of others.
B)upholds that an individual's duty is considered ethically correct​
C)determines choices that are socially beneficial and ethically correct​
D)is free from inherent flaws that are present in all ethical theories​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
10
Ethical beliefs vary widely from culture to culture.
Unlock Deck
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k this deck
11
The local community is not a stakeholder of an organization.
Unlock Deck
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k this deck
12
Preconventional morality moves from an egocentric viewpoint toward the expectations of society.
Unlock Deck
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13
Unlike rule utilitarianism,act utilitarianism is accurate in predicting the future outcomes of an action.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
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k this deck
14
The _____ states that people should adhere to their obligations and duties when analyzing an ethical dilemma.

A)deontological theory​
B)moral relativism theory
C)casuist ethical theory

D)utilitarian ethical theory
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
15
In the context of the determinants of a civil society,_____ involves the voluntary acceptance of standards established by nongovernmental entities.

A)self-regulation​
B)media​
C)cause marketing​
D)green marketing
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
16
An ethical decision is solely based on the number of people who are benefitted by the decision.
Unlock Deck
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Unlock Deck
k this deck
17
The utilitarian theory is a belief in time-and-place ethics,that is,that ethical truths depend on the individuals and groups holding them.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
18
In the context of the utilitarian ethical theory,to a utilitarian:

A)intuition and personal feelings will guide decision making in cases of dilemmas
B)similar predicted solutions can be compared to determine the most beneficial choice.
C)a law can be broken to uphold individual duty to society​
D)​the truth of a moral judgment is relative to the judging person or group.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
19
Postconventional morality represents the morality of the mature adult.
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20
Conventional morality is the most basic level of ethical development.
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21
Who among the following is most likely to disapprove of unethical practices more strongly than others?

A)Rebecca, who has noticed that most of her colleagues often use office supplies for personal use​
B)Jason, an editor, who has noticed that all his managers agree that it is okay to plagiarize content to a small extent​
C)Sarah, a manager, whose organization does not provide guidelines on ethical behavior​
D)David, who has noticed for the first time a colleague misrepresenting data in a report​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
22
In the context of ethical theories,which of the following statements is true of moral relativism?

A)An act that is legally wrong is always ethically wrong.​
B)It does not believe in absolute rules such as laws​
C)Moral relativists believe that the choice that yields the greatest benefit to the most people is ethically correct.​
D)​It is a belief based on rules and individual obligations.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
23
Mark is a friend of Ryan,who has been accused of attempt to murder.Even though Mark knows that Ryan is guilty,he lies when the police interrogates him.Mark believes that his behavior will benefit his family and him,and hence he is not concerned about the legality of his behavior.In the context of ethical theories,Mark displays _____.

A)act utilitarianism
B)rule utilitarianism​
C)casuist relativism​
D)​moral relativism
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
24
According to the three levels of ethical development,which of the following statements is true of conventional morality?

A)​It is the most basic level of ethical development
B)A person at this level performs unethical and manipulative actions.​
C)It is predominantly characterized by an egocentric viewpoint of an individual.​
D)​A person at this level is concerned how an action will be viewed by others
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
25
In the context of the utilitarian ethical theory,uncertainty in predicting the future can lead to:

A)​indulging in illegal behaviors
B)boosting the image of an organization among the public.​
C)protecting the welfare of people.​
D)making the utilitarian look unethical as time passes.​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
26
Which of the following is a similarity between the deontological theory and moral relativism?

A)​Both theories are concerned with the welfare of others
B)Both theories may lead to actions that are not ethically correct.
C)Both theories are free from flaws.
D)​Both theories compare a current ethical dilemma with similar examples and outcomes.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
27
Mark is the sales manager of a reputed firm.Over his tenure,he has witnessed numerous ethical misconducts.In this case,he will observe lessethical misconduct when:

A)his coworkers have a strong ethical culture​
B)a code of ethics is absent in his firm.​
C)organizational rules are absent in his firm.​
D)​the top managers of his firm have little control over organizational culture.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
28
In the context of ethical decision making,the greater the degree of agreement among managerial peers that an action is harmful,_____.

A)​the more likely that marketers will recognize a problem as unethical
B)the lesser the likelihood that the action will result in a harmful outcome​
C)the fewer the individuals in the organization are likely to get affected by the action
D)​the fewer the number of persons affected by the negative outcome
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
29
Which of the following is a similarity between act utilitarianism and rule utilitarianism?

A)Both theories advocate benefit for people through the fairest and most just means available.​
B)Both theories compare a current ethical dilemma with similar examples.
C)Both theories have flaws associated with predicting the future
D)Both theories are beliefs based on time-and-place ethics.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
30
Jordon is a sales manager.He operates at the postconventional level of morality while making ethical decisions.In this case,which of the following statements is true?

A)He is concerned about how he sees and judges himself in the long run​​
B)He is concerned about how people will view his decisions.​
C)He is calculating and self-centered while making decisions and looks for immediate benefits.​
D)He makes decisions that are not beneficial for most people​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
31
In which of the following situations are marketers most likely to recognize a practice as unethical?

A)​If the practice has very few benefits
B)If the practice is widely used throughout an organization​
C)If the practice does not have any immediate consequences
D)If the practice is very likely to result in a harmful outcome​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
32
The _____ compares a current ethical dilemma with examples of similar ethical dilemmas and their outcomes.

A)deontological theory​
B)moral relativism theory
C)casuist ethical theory
D)utilitarian ethical theory​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
33
A code of ethics:

A)should exclude guidelines for day-to-day activities​
B)should be limited to a list of do's and don'ts.​
C)should be in written form to avoid confusion
D)should be kept confidential from a firm's employees.​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
34
Hallie has a tendency to be egocentric.She follows the rules of her company mainly to avoid punishment and to gain respect.When making decisions,she always focuses on what immediate benefits she will gain from an alternative.Which of the following levels of ethical development is illustrated by Hallie?

A)​Preconventional morality
B)Postconventional morality​
C)Conventional morality​
D)Ethnocentric morality​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
35
According to the levels of ethical development,at the preconventional morality level,people:

A)focus on the long-term results of their actions.​
B)tend to have an egocentric orientation
C)tend to focus on adhering to social norms and laws​
D)​focus on being loyal to an organization.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
36
In the context of ethical behavior,morals:

A)are universal and seldom vary.​
B)set absolute standards for good and bad that are enforced by the law.​
C)may reflect the laws and regulations that affect social and economic behavior.
D)set absolute standards for good and bad that are enforced by the law.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
37
In the context of ethical theories,which of the following statements is true of rule utilitarianism?

A)Ethical truths depend on the individuals and groups holding them.​
B)Decisions must benefit the most people but through the fairest and most just means available.
C)A current ethical dilemma should be compared with similar examples and outcomes before deciding on a course of action.​
D)​Intuition and personal feelings should guide decision making in case of dilemmas.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
38
In which of the following situations are marketers most likely to recognize a practice as unethical?

A)If the practice has very few benefits​
B)If the practice is widely used throughout an organization
C)If the practice does not have any immediate consequences
D)​If the practice is very likely to result in a harmful outcome
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
39
Allan speaks out against those who litter on roads because he believes that society expects cleanliness from people.This illustrates _____.

A)preconventional morality​
B)social control​
C)moral relativism​
D)​conventional morality
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
40
Robin,a police sergeant,believes that bribing is illegal.He does not accept bribes irrespective of the amount of money.Robin displays _____.

A)act utilitarianism​
B)rule utilitarianism​
C)ethical relativism​
D)moral relativism​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
41
Which of the following is one of the four major components of the pyramid of corporate social responsibility?

A)Opportunism
B)Self-dealing
C)Creativity​
D)​Philanthropy
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
42
Which of the following statements is true about the pyramid model of corporate social responsibility?

A)​It states that philanthropy should be the most important function of a corporation.
B)It states that ethical responsibilities of a corporation provide the basis for other responsibilities.
C)It states that if a company does not make a profit, then the other responsibilities are moot.​
D)​It states that social responsibility efforts should be focused on the external and not the internal stakeholders of a corporation.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
43
_____ is a business's concern for the long-range welfare of both the company and its relationship to the society within which it operates.

A)Preconventional morality​
B)Moral relativism​
C)Corporate self-dealing​
D)Corporate social responsibility​
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
44
List and describe the three levels of ethical development.
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
45
Differentiate between the casuist ethical theory and moral relativism.
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k this deck
46
Quasio Foods Inc.is a large food manufacturing corporation that earns more profits than its competitors.The company uses only organically grown grains and fruits.It also promotes organic farming and helps nonprofit agencies who focus on food and nutrition causes.The company has now decided to launch a campaign to promote healthy eating habits among the youth.In this scenario,Quasio Foods is most likely to have adopted the concept of _____.

A)​divestment
B)consumerism
C)opportunism
D)​sustainability
Unlock Deck
Unlock for access to all 60 flashcards in this deck.
Unlock Deck
k this deck
47
Which of the following companies is an advocate of sustainability?

A)​Poldoid Inc., a manufacturer of plastic products, uses biodegradable plastics to reduce the generation of hazardous wastes.
B)Harlose Brothers, an ice cream manufacturer, offers discounts on its ice creams during summer
C)Magnira Inc., a textile company, uses cost-effective strategies to generate higher profits
D)Laelle Corp.'s management believes that its employees are the most important and valuable resource of the company.
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48
Define the pyramid of corporate social responsibility and list its components.
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49
Under the Foreign Corrupt Practices Act (FCPA),_____.

A)U.S. corporations are prohibited to involve in international business dealings​
B)U.S. corporations are prohibited to make illegal payments to foreign governments
C)prosecutions against bribery have significantly declined​
D)​several U.S. businesses are offered significant advantages
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50
The stakeholder theory of corporate social responsibility:

A)​considers the management of an organization as one of the stakeholders.
B)excludes customers and government agencies from the list of stakeholders
C)does not consider the owners of an organization as the stakeholders
D)​pays attention to the unaffected stakeholder in every aspect of a firm's operation.
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51
In the context of corporate social responsibility,which of the following statements is true of the stakeholder theory?

A)It states that companies should only focus on increasing shareholder wealth​
B)It states that social responsibility is best carried out by government agencies.​
C)It states that a company is expected to be a good citizen in its community
D)​It states that employees and not the top management should be involved in corporate social responsibility.
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52
Which of the following statements is true of corporate social responsibility?

A)The primary responsibility of social welfare rests with governments and not business firms​
B)The free market, not companies, should decide what is best for the world
C)Businesses have resources, so businesses should be given the chance to solve social problems
D)Businesses never perpetrate social problems as the primary objective of businesses is making profits​
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53
In the context of ethics in other countries,which of the following statements is true?

A)Corruption seldom occurs in international business dealings.​
B)Usage of illegal payments is accepted and expected in various countries
C)Ethical beliefs widely vary from culture to culture.
D)Prosecutions under the Foreign Corrupt Practices Act have significantly declined.​
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54
Which of the following statements is true of cause-related marketing?

A)​It is the cooperative efforts of a for-profit firm and a nonprofit organization for mutual benefit
B)It is a marketing relationship based on a straight donation​
C)It occurs when government agencies and nonprofit agencies launch social campaigns
D)​It seldom helps companies increase the sale of their products
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55
Ronald Systems Inc.has developed a line of appliances that run on solar energy and cause no harm to the environment.Which of the following concepts is illustrated in this scenario?

A)​Divestment
B)Opportunism
C)Green marketing
D)​Cause-related marketing
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56
Briefly explain the factors that tend to influence ethical decision making and judgments.
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57
Explain green marketing and outline its impact.
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58
A business firm is collaborating with a nonprofit organization in an initiative to provide public relations training to working professionals throughout a country.Twenty percent of the fee that the working professionals would pay is given to the nonprofit organization.The money is then used by the nonprofit organization to fund the training program.This scenario illustrates _____.

A)relationship marketing​
B)effect-related marketing
C)cause-related marketing​
D)green marketing​
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59
Explain green marketing and outline its impact.
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60
Which of the following is a disadvantage of cause-related marketing?

A)​It does not increase the sale of products
B)It can lead to consumer cause fatigue​
C)It results in immediate losses for a company because of its focus on a cause​
D)​It requires corporations to use anti-competitive measures
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