FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 4: Ethics and Social Responsibility

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 21

Multiple Choice

Review LaterAdd Note

Review Later

Stockholders are interested in the way a company operates because they:

A) Use the company's products
B) Believe in being ethical
C) Want to maximize ROI
D) Want to avoid all risks
E) Like to be in control

Correct Answer

verified

Show Answer

Question 22

Multiple Choice

Review LaterAdd Note

Review Later

When WorldCom gave managers stock options and bonuses even when company performance was declining,and managers sold stock in advance of other stockholders,they were acting with a(n) ____________ approach.

A) accommodative
B) proactive
C) defensive
D) obstructionist
E) offensive

Correct Answer

verified

Show Answer

Question 23

Multiple Choice

Review LaterAdd Note

______ lead to the development of ______.

Discuss the relationship between ethics and laws.

Another name for a company's code of ethics is:

Stockholders are interested in the ethical practices of the company because they want to maximize the return on their investment.

The ____________ rule is that an ethical decision is one that produces the greatest good for the greatest number of people.

Laws and regulations lead to the development of ethical beliefs.

In order for an organization to survive and prosper,it needs to satisfy its stakeholders.

Discuss how Whole Foods Market's emphasis on the employee stakeholder leads to overall stakeholder well being.

To help create and maintain an ethical organization,managers should do all of the following EXCEPT:

When applying the moral rights rule,managers should choose the course of action that best protects and upholds their personal rights.

Under the moral rights rule,an ethical decision is one that distributes benefits and harms among people and groups in a fair,equitable,and impartial way.

Identify and describe the sources of differences in ethics between people,companies,and nations.

Companies that go out of their way to learn about the needs of different stakeholders and use organizational resources to promote their interests are using the ____________ approach.

After a lengthy investigation,Larry lost his license to practice law.In all likelihood,Larry probably violated his:

Applying the practical rule to analyze a business decision ensures that managers are taking into account the interests of all stakeholders.

Standards that govern how members of a society should deal with one another in matters involving issues such as fairness,justice,poverty,and individual rights are called:

Using an example of your college or university,give specific examples of stakeholders of each major type.

In today's business world,top executives are receiving large salaries and unbelievable stock options.Is it ethical for managers to receive these amounts? Argue both sides of this question.