FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 4: Business Ethics Social Responsibility: Doing Well by Doing Good

Show Answer

Share

---

All types

Filters

Study FlashcardsPractice ExamLearn

Question 51

Multiple Choice

Review LaterAdd Note

Review Later

Lovine, a women-centric magazine, interviewed a victim of domestic violence. Although the magazine assured the victim that her name would not be mentioned in the article, it later published the article with the victim's real name. This scenario exemplifies a(n) _____.

A) ethical lapse
B) ethical dilemma
C) false dilemma
D) false dichotomy

E) A) and C)
F) None of the above

Correct Answer

verified

Show Answer

Question 52

Multiple Choice

Review LaterAdd Note

Review Later

In the context of social responsibility, which of the following is a way of contributing to nonprofits?

A) Consumerism
B) Green marketing
C) Cause-related marketing
D) Planned obsolescence

E) A) and B)
F) None of the above

Correct Answer

verified

Show Answer

Question 53

Multiple Choice

Review LaterAdd Note

A Japanese company encourages its employees to participate in charitable activities. The company gives annual paid leave of ten days to its employees to volunteer at nonprofits or take part in activities that support environmental causes. Given this information, the company's initiative is an example of _____.

In the context of business ethics, in an ethical dilemma, every potential course of action has some significant negative consequences.

Adhering to a new act passed in 2002, the CEO of Pearsil & Pearsil, a real estate company, now personally certifies the validity of the company's financial statements. Given this information, the CEO most likely follows the_____.

Trotin Langdon Corp., a leading car dealer, operates in many countries. The company has a clearly written mandate for all its contractors abroad. According to this, all contractors must ensure that standardized safety measures are implemented in their factories and workers are made to work only for nine hours a day. In this scenario, Trotin Langdon Corp. has set _____ for its vendors.

In the context of codes of ethics, the purpose of a written code is to:

Heleus Oil & Gas Company routinely performs emission tests to keep a check on the emissions produced by its corporate operations and find new ways to reduce them significantly. In this scenario, Heleus Oil & Gas Company is tracking its:

The most socially responsible companies establish _____ for their vendors, setting clear policies for human rights, wages, safety, and environmental impact.

When people view ethics as relative, their ethical standards shift depending on the situation.

Socially responsible employers stick to the state laws and do not go beyond them when it comes to providing a good working environment to employees.

Which of the following is a duty of a socially responsible organization toward its customers?

In the context of social responsibility, _____ include employees and investors who have a personal interest in the performance and actions of an organization.

Codes of conduct work best when people are given the freedom to choose whether they wish to follow them or not.

In the context of a socially responsible organization, which of the following statements is true of consumerism?

Planned obsolescence represents a clear violation of social responsibility.

Corporate philanthropy includes all business donations to nonprofit groups except employee time.

Jessica Marshall, the CEO of ABD Oil Drilling Inc., decides to set aside an amount of $10,000 from the company's annual profits to donate to local nonprofit organizations although the company already meets the mandated government requirement of contributing 4 percent of the company's revenue for social benefits. This donation by ABD Oil Drilling Inc. is an example of:

In the context of codes of ethics, the Johnson & Johnson Credo has guided the company profitably through a number of crises. This is considered the best-known code because it:

In the context of carbon footprint, emissions that occur outside a company's boundary, but over which it has some control, are classified as Scope 2 emissions.