Question 1

On what basis do fund managers who are working with clients who are interested in socially responsible investing decide which companies to include and exclude from the investment fund portfolio?

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Question 2

Seventy percent of the population of sub-Saharan Africa exists on less than $2 a day and is unable to pay for medications at a price point that would reimburse pharmaceutical companies for their research investment in medications to treat AIDS, tuberculosis, and malaria. How does this relate to the demands of corporate social responsibility?

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Question 3

Name and describe an aspect of corporate social responsibility that the semiconductor manufacturers in the Silicon Valley area around San Francisco need to address.

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Question 4

What are three approaches that companies can use to maintain a policy of ethical conduct in its workplace?

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Question 5

What are at least two of the strategies that companies that are attempting to recover from a scandal follow?

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Question 6

What are some of the ethical issues global businesses face, and what strategies can help them address those issues?

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Question 7

How can a clearly stated mission statement improve the culture of ethical and responsible conduct for a business?

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Question 8

Jeffrey Wigand is a vice president of a tobacco company who revealed that his company was deliberately manipulating the effect of the nicotine in its cigarettes to promote addiction. What term best describes him?

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Question 9

When the Nobel Prize-winning economist Milton Friedman said, "Asking a corporation to be socially responsible makes no more sense than asking a building to be," what did he mean?

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Question 10

What is sustainability?

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Question 11

What are two ways that companies apply ethical standards to create new business opportunities?

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Question 12

Name at least three of the ways it is possible to measure a company's level of corporate social responsibility.

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Question 13

Interface, a carpet manufacturer, produced a product called COOL carpet and, from its manufacture through its delivery, the carbon dioxide emissions over the full life cycle of the carpet are offset. What does this mean?

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Question 14

How do games help companies instill ethical decision-making in their employees? Provide an example of a company that uses games for this purpose.

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Question 15

What other types of organizations, in addition to businesses, need to be concerned about ethics?

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Question 16

What are some ethical issues that Wal-Mart should consider when opening a new store?

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Question 17

What are the benefits to a company of paying attention to corporate social responsibility?

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Quiz 3: Ethics and Social Responsibility