MGMT 2100- CHAPTER 4: ETHICS AND SOCIAL RESPONSIBILITY |
QUESTIONS AND ANSWERS | WITH COMPLETE SOLUTION.
Debra notes that Theo Chocolate has started holding its own operations to the
same IMO standards of fair trade to which it holds its suppliers. This type of
behavior encourages more ethical decision-making by ___________________
sends a powerful message to employees and customers. Answer - establishing
a specific code of ethics
As VP of sales and marketing, Debra is very interested in the likely impact of
corporate social responsibility (CSR) on Theo Chocolates. She asks you for your
opinion. What do you tell her? State all that apply.
- Companies known for high corporate social responsibility tend to attract a
lower caliber of employee.
- There is no guarantee that socially responsible businesses will be profitable.
- The costs of social responsibility can be offset by gaining a better corporate
reputation.
- Studies have shown that there is a small, positive relationship between being
socially responsible and economic performance. Answer - - There is no
guarantee that socially responsible businesses will be profitable.
- The costs of social responsibility can be offset by gaining a better corporate
reputation.
- Studies have shown that there is a small, positive relationship between being
socially responsible and economic performance.
,In the carrot-and-stick approach used by the law to determine punishment for
unethical behavior, the stick signifies:
a. the incentive in the absence of any offense.
b. the incentive for cooperating with federal authorities
c. the reduced fine for having an effective compliance program.
d. the threat of heavy fines based on the level of offense. Answer - d
Under the U.S. Sentencing Commission Guidelines for Organizations, the base
fine for an organization involved in unethical behavior is computed by:
a. examining the written code of ethics of the organization.
b. determining the level of offense that has occurred in the organization.
c. calculating the number of employees in the organization.
d. assessing the net worth of the organization. Answer - b
In the context of ethical intensity of decisions, _______ refers to the chance
that something will happen that results in harm to others.
a. social consensus
b. probability of effect
c. temporal immediacy
d. proximity of effect Answer - b
Which of the following ethical principles holds that one should never take any
action that is unkind or harms a sense of community, such as the positive
feelings that come from working together to accomplish a commonly accepted
goal?
a. The principle of long-term self-interest
b. The principle of individual rights
c. The principle of personal virtue
, d. The principle of religious injunctions Answer - d
In the context of principles of ethical decision making, the _______ states that
the law represents the minimal moral standards of society, so one should never
take any action that violates the law.
a. principle of individual rights
b. principle of personal virtue
c. principle of distributive justice
d. principle of government requirements Answer - d
_______ indirectly estimate job applicants' honesty by measuring psychological
traits such as dependability and conscientiousness.
a. Overt integrity tests
b. Covert integrity tests
c. Aptitude-based integrity tests
d. Personality-based integrity tests Answer - d
In order to create an ethical company culture, the first objective of ethics
training is to:
a. caution employees about the consequences of reporting violations.
b. delegate the ethical decision-making authority to all employees.
c. assign upper-level managers to be in charge of ethical responsibilities.
d. develop employees' awareness of ethics. Answer - d
Those in favor of the shareholder model say that the only social responsibility
that organizations have is to:
a. achieve long-time survival.
b. divert wealth toward society.
QUESTIONS AND ANSWERS | WITH COMPLETE SOLUTION.
Debra notes that Theo Chocolate has started holding its own operations to the
same IMO standards of fair trade to which it holds its suppliers. This type of
behavior encourages more ethical decision-making by ___________________
sends a powerful message to employees and customers. Answer - establishing
a specific code of ethics
As VP of sales and marketing, Debra is very interested in the likely impact of
corporate social responsibility (CSR) on Theo Chocolates. She asks you for your
opinion. What do you tell her? State all that apply.
- Companies known for high corporate social responsibility tend to attract a
lower caliber of employee.
- There is no guarantee that socially responsible businesses will be profitable.
- The costs of social responsibility can be offset by gaining a better corporate
reputation.
- Studies have shown that there is a small, positive relationship between being
socially responsible and economic performance. Answer - - There is no
guarantee that socially responsible businesses will be profitable.
- The costs of social responsibility can be offset by gaining a better corporate
reputation.
- Studies have shown that there is a small, positive relationship between being
socially responsible and economic performance.
,In the carrot-and-stick approach used by the law to determine punishment for
unethical behavior, the stick signifies:
a. the incentive in the absence of any offense.
b. the incentive for cooperating with federal authorities
c. the reduced fine for having an effective compliance program.
d. the threat of heavy fines based on the level of offense. Answer - d
Under the U.S. Sentencing Commission Guidelines for Organizations, the base
fine for an organization involved in unethical behavior is computed by:
a. examining the written code of ethics of the organization.
b. determining the level of offense that has occurred in the organization.
c. calculating the number of employees in the organization.
d. assessing the net worth of the organization. Answer - b
In the context of ethical intensity of decisions, _______ refers to the chance
that something will happen that results in harm to others.
a. social consensus
b. probability of effect
c. temporal immediacy
d. proximity of effect Answer - b
Which of the following ethical principles holds that one should never take any
action that is unkind or harms a sense of community, such as the positive
feelings that come from working together to accomplish a commonly accepted
goal?
a. The principle of long-term self-interest
b. The principle of individual rights
c. The principle of personal virtue
, d. The principle of religious injunctions Answer - d
In the context of principles of ethical decision making, the _______ states that
the law represents the minimal moral standards of society, so one should never
take any action that violates the law.
a. principle of individual rights
b. principle of personal virtue
c. principle of distributive justice
d. principle of government requirements Answer - d
_______ indirectly estimate job applicants' honesty by measuring psychological
traits such as dependability and conscientiousness.
a. Overt integrity tests
b. Covert integrity tests
c. Aptitude-based integrity tests
d. Personality-based integrity tests Answer - d
In order to create an ethical company culture, the first objective of ethics
training is to:
a. caution employees about the consequences of reporting violations.
b. delegate the ethical decision-making authority to all employees.
c. assign upper-level managers to be in charge of ethical responsibilities.
d. develop employees' awareness of ethics. Answer - d
Those in favor of the shareholder model say that the only social responsibility
that organizations have is to:
a. achieve long-time survival.
b. divert wealth toward society.
