ADMS 3660

ADMS 3660 MIDTERM  ETHICAL DILEMAS - Bribery (soborno) - Forced labor: o Not paid at all o Really bad working conditions o Includes children o Young kids die o Change suppliers, put a press release and gain profits from there- good publicity o Change suppliers, lost revenues will be just for the first year and the suppliers are not worth it - Toxic Pollution: o Shouldn’t install the equipment because the number of people laid off if company closes results in worst results o How...

Chapter 5—Issues Management and Crisis Management TRUE/FALSE 1. One of the factors that has helped make issues management and crisis management more important to business is instant global communication. ANS: T PTS: 1 REF: 192 NAT: AACSB Analytic | Environmental Influence 2. Issues management is a process by which a firm deals with its most important stakeholders' demands. ANS: F PTS: 1 REF: 192 NAT: AACSB Analytic | Group Dynamics 3. The narrow approach to issues management severely...

Chapter 3—The Stakeholder Approach to Business, Society, and Ethics TRUE/FALSE 1. The primary factor behind the transition from a relatively simple business model to the highly complex state we now have is public recognition that the business organization is no longer the sole property or interest of its owners. ANS: T PTS: 1 REF: 81-83 NAT: AACSB Analytic | Environmental Influence 2. The corporation is currently viewed as having a specialized purpose of providing a profit through the ...

Chapter 2—Corporate Citizenship: Social Responsibility, Responsiveness, and Performance TRUE/FALSE 1. A society more satisfied with corporate social responsiveness, performance, and citizenship will invariably have reduced criticism of business. ANS: F PTS: 1 REF: 35 NAT: AACSB Analytic | Ethical Responsibilities 2. The marketplace in the classical view of economics, while being a good allocator of goods and services, does not do a good job of ensuring that business always acts fairly ...

Chapter 1—The Business and Society Relationship TRUE/FALSE 1. Business can do just about anything it wants because we do not live in a socially conscious environment. ANS: F PTS: 1 REF: 4 NAT: AACSB Ethics | Ethical Responsibilities 2. The business environment in current times, the first decade of the 21st century, can best be described as turbulent. ANS: T PTS: 1 REF: 5 NAT: AACSB Analytic | Environmental Influence 3. When speaking of business in the collective sense, the textbook w...

ADMS 3660 MIDTERM  ETHICAL DILEMAS - Bribery (soborno) - Forced labor: o Not paid at all o Really bad working conditions o Includes children o Young kids die o Change suppliers, put a press release and gain profits from there- good publicity o Change suppliers, lost revenues will be just for the first year and the suppliers are not worth it - Toxic Pollution: o Shouldn’t install the equipment because the number of people laid off if company closes results in worst results o How...