Question 1

Sirly recommends a marketing strategy aimed at increasing sales through the development of a positive corporate image.He suggests the first step towards this goal is to identify and evaluate the firm's programs for community involvement.Sirly is calling for a ________ to be completed.

Accepted Answer

Sirly is calling for a social audit to be completed in order to identify and evaluate the firm's programs for community involvement as the first step towards developing a positive corporate image and increasing sales.

Question 2

Identify the six-step approach to achieve a long-term improvement of business ethics.

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Question 3

Identify the three questions that an ethics-based manager should ask when facing a potentially unethical action,and provide an example situation where you would use these questions to evaluate a decision.

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Question 4

Provide examples that serve to explain the differences between the following terms: 1)corporate responsibility;2)corporate social initiatives;3)corporate philanthropy.

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Question 5

On which of the three "ethics check questions" would Harry primarily focus?

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Question 6

Explain the difference between a compliance-based ethics code and an integrity-based ethics code.

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Question 7

Harry is concerned about the legality of firing union workers in order to hire workers willing to work for less pay.Harry values ______________ ethics,but has little concern for other types.

Accepted Answer

Harry values integrity-based ethics because he is concerned about the legality of firing union workers in order to hire workers willing to work for less pay.

Question 8

As the number of MNCs multinational corporations)increases,we are experiencing international ethical dilemmas.One very real concern during the past decade is the human rights abuse in sweatshops where several MNCs contract manufacture their products,in exchange for cheap labor.Several retailers have banned together to set ethical standards in foreign factories.Which of the following statements summarizes the challenges of companies doing business in developing countries and the concerns of their customers?

Accepted Answer

This statement summarizes the challenges of determining a "living wage" in developing countries and the concerns of customers who are willing to pay more for products made in ethical working conditions. It also acknowledges the role of MNCs in contracting with sweatshops for cheap labor.

Question 9

Identify and discuss the social responsibilities of a firm,to three of the four stakeholder groups described in your textbook.

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Question 10

Which of the following indicates that U.S.businesses are demanding socially responsible behavior from their international suppliers?

Accepted Answer

The decision of Phillips-Van Heusen to cancel orders from suppliers that violate its ethics code indicates that U.S. businesses are demanding socially responsible behavior from international suppliers. This decision shows that businesses are taking active steps to enforce ethical standards and rejecting suppliers who do not meet these standards. The other options do not directly relate to socially responsible behavior by international suppliers.

Question 11

According to the Reaching Beyond Our Borders box,titled "Ethical Culture Clash",which of the following is true?

Accepted Answer

The Reaching Beyond Our Borders box, titled "Ethical Culture Clash" states that "corporate ethics can clash with cultural ethics." Therefore, option D is the correct choice.

Question 12

If management adopts Bo's suggestion of reducing U-Scream Ice Cream's charitable donations until profits stabilize,the company will essentially reduce its ___________.

Accepted Answer

Corporate philanthropy refers to a company's charitable donations and contributions to social causes. By reducing its charitable donations, U-Scream Ice Cream will essentially reduce its corporate philanthropy.

Question 13

The Foreign Corrupt Practices Act deals with:

Accepted Answer

The Foreign Corrupt Practices Act (FCPA) is a US law that prohibits US companies and individuals from bribing foreign officials to obtain or retain business. It is not related to prison labor, high seas piracy, or product safety concerns.

Question 14

Identify and discuss the five types of groups that serve as "watchdogs" regarding how well companies enforce their ethical and social responsibility policies.

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Question 15

International issues of social responsibility and ethical behavior are:

Accepted Answer

International issues of social responsibility and ethical behavior are complex and often vary between different cultures and countries. This can make it challenging for U.S. firms to navigate these issues and make clear-cut decisions. Additionally, issues of social responsibility and ethics are not limited to countries with a low standard of living or to capitalist countries, and are a concern for businesses worldwide. Therefore, option D is the best choice.

Question 16

The boxed material entitled "Reaching Beyond Our Borders" that told the story about Joe,the Motorola engineer,suggests that U.S.firms operating overseas are:

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Quiz 4: Demanding Ethical and Socially Responsible Behavior