Question
1. A company exhibits responsible corporate citizenship when it: A. uses its wealth and influence to benefit society as a whole. B. maximizes profits for
1. A company exhibits responsible corporate citizenship when it:
A. uses its wealth and influence to benefit society as a whole.
B. maximizes profits for its shareholders.
C. develops a code of ethics.
D. expands globally.
2. Under which theory of ethics would a decision be ethical if it provides the greatest benefit for the largest number of individuals?
A. utilitarianism
B. corporate social responsibility
C. duty-based ethics
D. Kantianism
3. Which of the following illustrates a financial or non-financial cost of unreported unethical behavior to a company? Choose 2 answers.
A. Sweet Home Diner lost half of its business when the community became outraged with the owner for failing to stop the racist social media postings of the restaurant manager.
B. The Old Mill relocated one of its plants, at a cost of over $1 million, when it discovered it was polluting a local river.
C. Brown Shoe Manufacturing, Inc. recently lost one-third of its stitching room employees to a nearby competitor. The chief executive officer decided to forego a portion of his salary so the company could increase the salaries of all employees.
D. Employee morale hit an all-time low when Scott, the line supervisor, ignored repeated instances of harassment by certain employees.
4.Which of the following are methods of preventing unethical behavior? Choose 2 answers.
A. establishing a company code of ethics
B. terminating an employee for unethical behavior
C.keeping an attorney on retainer
D. allowing lower-level managers to develop their own ethical rules
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