Question 1

A number of studies have been conducted to ascertain whether there is a relationship between a company's social responsibility efforts and its financial success. These found that, at least, in the short term:

Accepted Answer

A)   there was no relationship at all.
B)   there was a slight relationship.
C)   there was no clear relationship.
D)   there was a strong relationship.

Question 2

Business ethical problems put the ethical standards of managers under a spotlight. What are the three major types of managerial ethics? Give examples to illustrate your answer.

Accepted Answer

The three types of managerial ethics are...

Question 3

Who benefits from managers accepting the social responsibilities of management?

Accepted Answer

The common interests linking organisatio...

Question 4

While the community often wants business aid, companies need various forms of community support which include:

Accepted Answer

A)   sufficient schools and recreation facilities.
B)   police and fire services.
C)   adequate transport.
D)   All of the given answers are correct

Question 5

Several internal environmental factors have been identified that sometimes encourage unethical behaviour. Which of the following is not one of them?

Accepted Answer

A)   Strong encouragement of innovation
B)   Pressure for high performance
C)   Poor internal financial performance
D)   High levels of morale and work satisfaction

Question 6

Which is not a suggested mechanism to help managers create an ethical climate in an organisation?

Accepted Answer

A)   Setting up an ethics committee
B)   Employing only people who seem ethical
C)   Having a code of ethics
D)   Training staff in ethical conduct

Question 7

A value is a conception that defines what a decision maker considers as acceptable. The practical mode is:

Accepted Answer

A)   a drive to stay with something that has worked in the past.
B)   a position of making strong judgements with regard to the right or wrong of a decision.
C)   the extent to which a moral act affects a society.
D)   a value system focusing on resources.

Question 8

What do the economic and legal responsibilities of management have in common?

Accepted Answer

A)   Making a profit and obeying the law
B)   Being pro-active in the market
C)   Obeying the law and ensuring little attention is paid to charitable organisations
D)   Downsizing and obeying the law

Question 9

Generous charitable donations help perceptions of companies even when they are behaving illegally.

Accepted Answer

A) True 
 B)False

Question 10

Social audits are:

Accepted Answer

A)   a routine part of the financial audit.
B)   required by the Securities Commission.
C)   usually difficult to do.
D)   All of the given answers are correct

Question 11

Two areas of current concern regarding a business's responsibilities to the customer stakeholder group are health and safety issues regarding products and issues concerning:

Accepted Answer

A)   plant closures.
B)   quality of products.
C)   hidden interest charges.
D)   limited warranties.

Question 12

Trying to determine some commonsense guidelines for making ethical managerial decisions has been the subject of the work done by O'Toole. Which one of the following is not one of his guidelines?

Accepted Answer

A)   Obey the law
B)   Show respect for people
C)   Stick to the Golden Rule
D)   Save the bad news

Question 13

Providing an opportunity to evaluate the extent to which an organisation is meeting its social objectives, is an advantage derived from conducting a social scan.

Accepted Answer

A) True 
 B)False

Question 14

Name the alternative internal social response mechanisms which are available to organisations? Describe how each mechanism works.

Accepted Answer

Ideally, at least five alternatives woul...

Exam 4: Social Responsibility and Ethics

Trying to determine some commonsense guidelines for making ethical managerial decisions has been the subject of the work done by O'Toole. Which one of the following is not one of his guidelines?

Correct Answer
verified

Social audits are:

Correct Answer
verified

While the community often wants business aid, companies need various forms of community support which include:

Correct Answer
verified

A number of studies have been conducted to ascertain whether there is a relationship between a company's social responsibility efforts and its financial success. These found that, at least, in the short term:

Correct Answer
verified

Providing an opportunity to evaluate the extent to which an organisation is meeting its social objectives, is an advantage derived from conducting a social scan.

Correct Answer
verified

Several internal environmental factors have been identified that sometimes encourage unethical behaviour. Which of the following is not one of them?

Correct Answer
verified

What do the economic and legal responsibilities of management have in common?

Correct Answer
verified

Two areas of current concern regarding a business's responsibilities to the customer stakeholder group are health and safety issues regarding products and issues concerning:

Correct Answer
verified

Which is not a suggested mechanism to help managers create an ethical climate in an organisation?

Correct Answer
verified

A value is a conception that defines what a decision maker considers as acceptable. The practical mode is:

Correct Answer
verified

Name the alternative internal social response mechanisms which are available to organisations? Describe how each mechanism works.

Correct Answer
verified
Ideally, at least five alternatives woul...
View Answer

Who benefits from managers accepting the social responsibilities of management?

Correct Answer
verified
The common interests linking organisatio...
View Answer

Generous charitable donations help perceptions of companies even when they are behaving illegally.

Correct Answer
verified

Business ethical problems put the ethical standards of managers under a spotlight. What are the three major types of managerial ethics? Give examples to illustrate your answer.

Correct Answer
verified
The three types of managerial ethics are...
View Answer

Exam 4: Social Responsibility and Ethics

Trying to determine some commonsense guidelines for making ethical managerial decisions has been the subject of the work done by O'Toole. Which one of the following is not one of his guidelines?

Correct AnswerverifiedShow Answer

Social audits are:

Correct AnswerverifiedShow Answer

While the community often wants business aid, companies need various forms of community support which include:

Correct AnswerverifiedShow Answer

A number of studies have been conducted to ascertain whether there is a relationship between a company's social responsibility efforts and its financial success. These found that, at least, in the short term:

Correct AnswerverifiedShow Answer

Providing an opportunity to evaluate the extent to which an organisation is meeting its social objectives, is an advantage derived from conducting a social scan.

Correct AnswerverifiedShow Answer

Several internal environmental factors have been identified that sometimes encourage unethical behaviour. Which of the following is not one of them?

Correct AnswerverifiedShow Answer

What do the economic and legal responsibilities of management have in common?

Correct AnswerverifiedShow Answer

Two areas of current concern regarding a business's responsibilities to the customer stakeholder group are health and safety issues regarding products and issues concerning:

Correct AnswerverifiedShow Answer

Which is not a suggested mechanism to help managers create an ethical climate in an organisation?

Correct AnswerverifiedShow Answer

A value is a conception that defines what a decision maker considers as acceptable. The practical mode is:

Correct AnswerverifiedShow Answer

Name the alternative internal social response mechanisms which are available to organisations? Describe how each mechanism works.

Correct AnswerverifiedIdeally, at least five alternatives woul...View AnswerShow Answer

Who benefits from managers accepting the social responsibilities of management?

Correct AnswerverifiedThe common interests linking organisatio...View AnswerShow Answer

Generous charitable donations help perceptions of companies even when they are behaving illegally.

Correct AnswerverifiedShow Answer

Business ethical problems put the ethical standards of managers under a spotlight. What are the three major types of managerial ethics? Give examples to illustrate your answer.

Correct AnswerverifiedThe three types of managerial ethics are...View AnswerShow Answer

Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
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Correct Answer
verified

Correct Answer
verified
Ideally, at least five alternatives woul...
View Answer

Correct Answer
verified
The common interests linking organisatio...
View Answer

Correct Answer
verified

Correct Answer
verified
The three types of managerial ethics are...
View Answer