Question 1

Under the U.S. Sentencing Commission Guidelines, companies can be prosecuted and punished for the illegal or unethical actions of employees, even if management didn't know about the unethical behavior.

Accepted Answer

The U.S. Sentencing Commission Guidelines allow for companies to be held responsible for the actions of their employees, even if management was unaware of the illegal or unethical behavior. This is known as strict liability.

Question 2

What is social responsibility?&#10;A) a business's obligation to pursue policies, make decisions, and take actions that benefit society&#10;B) a business tactic used to create relationship bonds with customers&#10;C) what companies are obliged legally to do to protect their external environments&#10;D) a business's responsibility to its shareholders&#10;E) the fact businesses are responsible for monitoring their social environments so they can satisfy the needs of their customers

Accepted Answer

Social responsibility refers to a business's obligation to pursue policies, make decisions, and take actions that benefit society. This can include activities such as implementing sustainable and environmentally friendly practices, supporting community organizations, and treating employees and customers fairly.

Question 3

What is the term used to describe the degree of concern people have about an ethical issue?&#10;A) Ethical intensity&#10;B) Social consensus&#10;C) Temporal immediacy&#10;D) Magnitude of consequences&#10;E) Ethical valence

Accepted Answer

Ethical intensity refers to the degree of concern people have about an ethical issue.

Question 4

Ethics is the set of moral principles or values that defines right and wrong for a person or group.

Accepted Answer

Ethics is indeed the set of moral principles or values that defines right and wrong for a person or group.

Question 5

The categories of social responsibility for a company are economic, legal, ethical, and discretionary

Accepted Answer

This is a commonly accepted framework for understanding a company's social responsibility. Economic responsibility refers to making a profit and providing goods/services that benefit society. Legal responsibility refers to following laws and regulations. Ethical responsibility refers to conducting business in an ethical manner and considering the well-being of stakeholders. Discretionary responsibility refers to going above and beyond what is expected in terms of social responsibility, such as philanthropy and environmental sustainability.

Question 6

According to Kohlberg's model of moral development, people at the __________ make decisions that conform to societal expectations.&#10;A) unconventional level&#10;B) preconventional level&#10;C) conventional level&#10;D) postconventional level&#10;E) amoral level

Accepted Answer

According to Kohlberg's model of moral development, people at the conventional level make decisions that conform to societal expectations. They seek approval from others and value rules and laws. They strive to maintain social order and follow authority. This level is typically reached in adolescence and early adulthood.

Question 7

The stakeholder model holds that the only social responsibility that businesses have is to maximize profits.

Accepted Answer

This is the definition of the shareholder model. The stakeholder model holds that management's most important responsibility is long-term survival (not just maximizing profits), which is achieved by satisfying the interests of multiple corporate stakeholders (not just shareholders).

Question 8

The __________ determined that companies can be prosecuted and punished for the illegal or unethical actions of employees, even if management didn't know about the unethical behavior.&#10;A) U.S. Sentencing Commission Guidelines&#10;B) U.S. Supreme Court&#10;C) U.S. Department of Labor&#10;D) U.S. Equal Employment Opportunity Commission&#10;E) Federal Trade Commission

Accepted Answer

The U.S. Sentencing Commission Guidelines established in 1991 that companies can be held responsible for the illegal or unethical actions of their employees under the principle of corporate liability. This means that a company can be prosecuted and punished for the wrongdoing of its employees, even if senior management was not aware of the behavior. This guideline has had a significant impact on corporate governance and the way companies handle ethical issues.

Question 9

Traditional college students who think about their parents' and grandparents' reactions to their decisions before putting the decision into action are more than likely operating according to which principle of ethical decision making?

A) the principle of long-term self-interest
B) the principle of utilitarian requirements
C) the principle of distributive justice
D) the principle of community injunctions
E) the principle of personal virtue

Accepted Answer

Under the principle of personal virtue, you should never take any action that is not honest, open, and truthful and that you would not be glad to see reported in the media.

Question 10

Which of the following is NOT an example of a stakeholder group that an organization must satisfy to assure long-term survival?&#10;A) investors&#10;B) customers&#10;C) the media&#10;D) employees&#10;E) governments

Accepted Answer

While the media may have an impact on the organization's reputation, they are not necessarily a stakeholder group that the organization must satisfy to assure long-term survival. The other options (investors, customers, employees, and governments) are all groups whose satisfaction and support are vital to an organization's long-term survival.

Question 11

Workplace deviance can be categorized by how deviant the behavior is and:&#10;A) how the behavior was motivated&#10;B) where the motivation occurred&#10;C) the target of the deviant behavior&#10;D) the intent of the violator&#10;E) organizational norms

Accepted Answer

The answer of Workplace deviance can be categorized by how...

Deck 4: Ethics and Social Responsibility: Part A