Term
______ occurs when a decision benefits the manager to the detriment of the organization
-whistle-blowing
-ethical behavior
-conflict of interest
-social responsibility |
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Definition
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Term
Sometimes people act unethically even when it goes against their better judgement due to
-personal values and morals
-situational factors
-family influences
-peer influences |
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Definition
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Term
Unethical actions by individual managers most often occur when
-upper management allows it to happen
-an industry has low levels of competition
-individuals are not worried about career advancement
-unions are present in an organization |
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Definition
| Upper management allows it to happen |
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Term
Many organizations have placed strong emphasis on ethics due to
-longer jail terms for convicted CEOs
-lack of concern by government about ethics
-recent ethical scandals
-situational factors |
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Definition
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Term
Written statements of values and standards of behavior are called
-ethical dilemmas
-codes of social responsibility
-ethical consciousness
-codes of ethics |
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Definition
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Term
The obligation a firm has to protect and enhance the society in which it operates is
-social responsibility
-business ethics
-whistle-blowing
-a code of ethics |
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Definition
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Term
Arguments AGAINST businesses becoming more socially responsible include
-businesses create social problems and should not have to fix them
-businesses have the resources to solve social problems
-everyone has an obligation to improve society, not just businesses
-businesses lack the expertise to manage social problems |
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Definition
| Businesses lack the expertise to manage social problems |
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Term
________ is (are) affected by virtually everything a firm does
-the natural environment
-the government
-organizational constitutes
-general social welfare |
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Definition
| Organizational constitutes |
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Term
People who argue in favor of social responsibility point out that
-businesses should be willing to accept lower profits
-it doesn't cost businesses very much to address societal problems
-businesses create many of society's problems and should help fix them
-large businesses have had bad reputations |
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Definition
| Businesses create many of society's problems and should help fix them |
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Term
Milton Friedman argues that
-broadened social responsibility is good for the economy
-broadened social responsibility will weaken the economy
-society has more rights to profits than owners
-businesses should have more power in society |
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Definition
| Broadened social responsibility will weaken the economy |
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Term
Ethical issues in information technology do not include
-individual rights to privacy
-board and independence
confidentiality of information in computer files
-potential abuse of information technology |
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Definition
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Term
| Organizations that are strongly in support of broadened views of social responsibility follow an approach of -social obligation -social obstruction -social contribution -social response |
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Definition
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Term
Firms that sometimes go beyond their legal obligations to follow an approach of
-social obligation
-social obstruction
-social contribution
-social response |
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Definition
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Term
Tax incentives are a means of
-indirect regulation of business by government
-political action
-direct regulation of business by government
-favors for business from government |
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Definition
| Indirect regulation of business by government |
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Term
That National Rifle Association is an example of
-a politcal action committee
-a group that uses lobbyists
-a group in favor of social responsibility
-an organizational constituent |
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Definition
| A group that uses lobbyists |
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Term
Using favors to legislators as a form of influence is
-rarely used by large organizations
-widely accepted by the public
-dangerously open to misinterpretation
-illegal |
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Definition
| Dangerously open to misinterpretation |
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Term
Planned activities that help social responsibility include
-philanthropic giving
-dividends to stockholders
-lobbying
-whistle-blowing |
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Definition
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Term
A firm that meets legal and ethical requirements, but also goes beyond those requirements in selected cases has adopted a(n) __________ stance to social responsibility
-proactive
-defensive
-obstructionist
-accommodative |
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Definition
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Term
A corporate social audit is usually conducted by
-top management
-lobbyists
-whistle-blowers
-government regulators |
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Definition
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Term
Political action committees are
-illegal
-unethical
-created to give money to politicians
-created to take money from politicians |
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Definition
| Created to give money to politicians |
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Term
| Organizational justice vs distributive justice |
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Definition
Organizational: refers to the perceptions of people in an organization regarding fairness
Distributive: refers to people's perceptions of the fairness with which rewards and other valued outcomes are distributed within the organization |
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Term
| Who created the Sarbanes Oxley act |
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Definition
| Paul Sarbanes and Michael G. Oxley |
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Term
| Business influences government through all of these: |
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Definition
| -Personal contacts and networks -Lobbying -Political action committees -Favors and other influence tactics |
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Term
| What is the agency that regulates trades |
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Definition
| Securities and exchange commission (SEC) |
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Term
| At Jake's company, each employee receives a formal statement of the company's values and ethical standards. This material is called the organization's |
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Definition
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Term
| As a manager, Roxanne always tries to make decisions that optimize what's best for her constituencies-- in this case, her employees. Roxanne follows which ethical norm |
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Definition
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Term
| Which of the following is NOT an argument in support of organizations acting in socially responsible ways |
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Definition
| Solving social problems is part of the basic economic mission of business |
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Term
| Ethical compliance is the extent to which an organization and its members _________ |
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Definition
| Follow basic ethical and legal standards of behavior |
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Term
| A corporate social audit, a formal and thorough analysis of the effectiveness of a firm's social performance, is usually conducted by _________ |
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Definition
| a task force of high-level managers |
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