Question 1

Discuss ecocentric management. How can it be beneficial to organizations?

Accepted Answer

Ecocentric management is a management ap...

Question 2

A system of rules that governs the ordering of values is referred to as

Accepted Answer

A)   Life cycle analysis.
B)   Ethics.
C)   Corporate legitimacy.
D)   Justice.
E)   The legal system.F) All of the above
G) A) and B)

Question 3

With an integrity-based ethics program, people govern themselves through a set of guiding principles that they embrace.

Accepted Answer

A) True 
 B)False

Question 4

One who is both a moral person and a moral manager influencing others' ethical behavior is referred to as a(n)

Accepted Answer

A)   Ethical leader.
B)   Ethics chairperson.
C)   VP of ethics.
D)   Transitional leader.
E)   Transformational leader.F) B) and E)
G) A) and B)

Question 5

Sustainable growth refers to growth in profitability that sustains the wealth of shareholders.

Accepted Answer

A) True 
 B)False

Question 6

Jamila is considering a layoff of several of employees in her division. She has realized that there are ramifications for her employees as well as the shareholders. This is known as

Accepted Answer

A)   Moral certainty.
B)   Moral actionability.
C)   Moral awareness.
D)   Moral judgment.
E)   Moral character.F) All of the above
G) B) and D)

Question 7

Which of the following is a Level 2 cost of ethical failure?

Accepted Answer

A)   Government fines and penalties.
B)   Legal and investigative costs.
C)   Customer defections.
D)   Loss of reputation.
E)   Employee cynicism.F) B) and D)
G) B) and C) B

Question 8

The ethical climate of an organization refers to the processes by which decisions are evaluated and made on the basis of right and wrong.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following is advised by the text for constructing an ethics code?

Accepted Answer

A)   Cover as many potential issues as possible to provide maximum clarity.
B)   Make it "catchy"; better something "clever" than something "important."
C)   Involve only the legal department and top executives in writing the statement.
D)   Explain away potential conflicts between reality and the language used in the code with humor.
E)   Focus on relatable, real-life situations.F) B) and D)
G) All of the above E

Question 10

The __________ of an organization refers to the processes by which decisions are evaluated and made on the basis of right and wrong.

Accepted Answer

A)   corporate culture
B)   ethical climate
C)   ethics code
D)   legal responsibility
E)   moral obligationF) B) and D)
G) C) and D)

Question 11

Bina thought it was OK to download music for free from the Internet since all of her friends did it. Bina is using which ethical system for her decisions?

Accepted Answer

A)   Egoism.
B)   Virtue ethics.
C)   Relativism.
D)   Universalism.
E)   Utilitarianism.F) All of the above
G) C) and E)

Question 12

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

Accepted Answer

A) True 
 B)False  True

Question 13

Utilitarianism defines acceptable behaviors as those that maximize benefits for the individual.

Accepted Answer

A) True 
 B)False

Question 14

John Rawls maintained that only a person ignorant of his own identity can make a truly ethical decision. This thought process is based on

Accepted Answer

A)   Ethical shielding.
B)   The veil of understanding.
C)   The veil of ignorance.
D)   Ethical certainty.
E)   Ethical ignorance.F) A) and D)
G) D) and E)

Question 15

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

Accepted Answer

A) True 
 B)False

Question 16

__________ acknowledges the existence of different ethical viewpoints and uses norms as guidelines.

Accepted Answer

A)   Virtue ethics
B)   Relativism
C)   Universalism
D)   Utilitarianism
E)   EgoismF) A) and E)
G) None of the above

Question 17

Two basic ethical ideals underpin the Caux Principles: fairness and equality.

Accepted Answer

A) True 
 B)False

Question 18

Explain the pyramid of global corporate social responsibility and performance, being sure to define each level of responsibility.

Accepted Answer

The pyramid of global corporate social r...

Question 19

Adrian would most likely prefer which type of ethics program for the company?

Accepted Answer

A)   Associate-based.
B)   Compliance-based.
C)   Integrity-based.
D)   Systems-based.
E)   Consensus-based.F) A) and E)
G) A) and D)

Question 20

The order of the levels in the pyramid of global corporate social responsibility and performance is (from bottom to top)

Accepted Answer

A)   Economic, legal, philanthropic, and ethical.
B)   Ethical, economic, legal, and philanthropic.
C)   Economic, legal, ethical, and philanthropic.
D)   Legal, economic, ethical, and philanthropic.
E)   Philanthropic, economic, legal, and ethical.F) B) and E)
G) A) and E)

Exam 5: Ethics, Corporate Responsibility, and Sustainability

Discuss ecocentric management. How can it be beneficial to organizations?

Correct AnswerAnswered by ExamLex AIEcocentric management is a management ap...View AnswerShow Answer

A system of rules that governs the ordering of values is referred to as

Correct AnswerverifiedShow Answer

With an integrity-based ethics program, people govern themselves through a set of guiding principles that they embrace.

Correct AnswerverifiedShow Answer

One who is both a moral person and a moral manager influencing others' ethical behavior is referred to as a(n)

Correct AnswerverifiedShow Answer

Sustainable growth refers to growth in profitability that sustains the wealth of shareholders.

Correct AnswerverifiedShow Answer

Jamila is considering a layoff of several of employees in her division. She has realized that there are ramifications for her employees as well as the shareholders. This is known as

Correct AnswerverifiedShow Answer

Which of the following is a Level 2 cost of ethical failure?

Correct AnswerverifiedB

The ethical climate of an organization refers to the processes by which decisions are evaluated and made on the basis of right and wrong.

Correct AnswerverifiedShow Answer

Which of the following is advised by the text for constructing an ethics code?

Correct AnswerverifiedE

The __________ of an organization refers to the processes by which decisions are evaluated and made on the basis of right and wrong.

Correct AnswerverifiedShow Answer

Bina thought it was OK to download music for free from the Internet since all of her friends did it. Bina is using which ethical system for her decisions?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedTrue

Utilitarianism defines acceptable behaviors as those that maximize benefits for the individual.

Correct AnswerverifiedShow Answer

John Rawls maintained that only a person ignorant of his own identity can make a truly ethical decision. This thought process is based on

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedShow Answer

__________ acknowledges the existence of different ethical viewpoints and uses norms as guidelines.

Correct AnswerverifiedShow Answer

Two basic ethical ideals underpin the Caux Principles: fairness and equality.

Correct AnswerverifiedShow Answer

Explain the pyramid of global corporate social responsibility and performance, being sure to define each level of responsibility.

Correct AnswerAnswered by ExamLex AIThe pyramid of global corporate social r...View AnswerShow Answer

Adrian would most likely prefer which type of ethics program for the company?

Correct AnswerverifiedShow Answer

The order of the levels in the pyramid of global corporate social responsibility and performance is (from bottom to top)

Correct AnswerverifiedShow Answer

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Ecocentric management is a management ap...
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B

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E

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True

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The pyramid of global corporate social r...
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