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Exam 5: Ethics, corporate Responsibility, and Sustainability

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Question 61

True/False

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Philanthropic contributions are considered part of a firm's ethical responsibilities in the pyramid of global corporate social responsibility and performance.

A) True
B) False

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Question 62

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The management of an organization follows the ideology that if they work keeping in mind the company's own economic self-interest,the total wealth of the society will be maximized.Which of the following best describes the ethical system used by the organization?

A) Ethnocentrism
B) Relativism
C) Egoism
D) Universalism
E) Utilitarianism

F) B) and C)
G) C) and D)

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Question 63

Multiple Choice

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Integrity-based ethics programs involve _____.

Moral philosophy refers to the principles,rules,and values people use in deciding what is right or wrong.

Which of the following statements about the Sarbanes-Oxley Act is true?

A good process for ethical decision making begins with considering the legal requirements.

Sustainability in business is considered compatible with the natural ecosystems that generate and preserve life.

Explain the idea of a risk society.

Ashleigh works as a receptionist for a law firm.Some of the lawyers have asked her to tell callers that they are in court when in fact they are playing golf.She wanted to quit the job because she hated to lie to people and believes that all people should uphold certain values that society needs to function.Which of the following best describes the ethical system used by Ashleigh to make the decision?

Explain the pyramid of global corporate social responsibility and performance.

The ethical system known as egoism is similar to Adam Smith's concept of the invisible hand in business.

Which of the following is one of Kohlberg's stages of cognitive moral development?

Going beyond legal compliance with ADA standards and training people to understand that individuals with disabilities also have valued abilities is an example of a(n) _____ ethics program.

Which of the five goals of a transcendent education involves viewing success not merely as personal gain,but as a common victory?

Utilitarianism directly seeks the greatest good for the greatest number of people.

Describe Kohlberg's model of cognitive moral development.Give an example for each of the stages.

According to John Rawls,only a person ignorant of his own identity can make a truly ethical decision.This thought process is based on _____.

Which of the following responsibilities of business did Pork producer Smithfield Foods take on by discontinuing the practice of confining sows in gestation crates during pregnancy,conforming to external expectations though not legally required?

FoodieZ,a fast food manufacturer,changed the packaging of its sandwiches to minimize waste.Additionally,it uses recycled paper to bag its products.FoodieZ states that these actions make the earth a "better place to eat." In this scenario,FoodieZ is participating in _____.

As one of the goals of a transcendent education,speaking out against unethical actions is called _____.