Question 1

The products of Sports Center,an international sports footwear and apparel chain,are manufactured in sweat factories in China.According to the company president,using sweatshop labor is justified because it delivers the most good for the most people.He mentions that it offers a means of livelihood to children and young adults,as well as supplies good quality apparel to customers at a lower cost.In this example,the president of Sports Center uses which of the following ethical approaches to decision making?

Accepted Answer

D) Utilitarianism involves choosing the option that delivers the most good for the most people (or protects the most people from a negative outcome).

Question 2

LK Manufacturing Group,a company that manufactures home appliances,supports a community sports center to nurture the city's athletic talent as well as promote fitness activities,without regard for any direct business benefits.This exemplifies ________.

Accepted Answer

D) Philanthropy involves donating money, employee time, or other resources to various causes without regard for any direct business benefits for the company.

Question 3

The idea that a business has obligations to society beyond the pursuit of profits is ________.

Accepted Answer

A) Corporate social responsibility (CSR) is the notion that business has obligations to society beyond the pursuit of profits.

Question 4

The manager of a golf course awards a landscaping contract to his brother-in-law's company,even though another company was willing to do the same work for less money.This is an example of ________.

Accepted Answer

C) Conflicts of interest refers to situations in which competing loyalties can lead to ethical lapses.

Question 5

Aston Products Inc.,a cosmetic research,development,and manufacturing firm,conducts a cost-benefit analysis that identifies an underdeveloped area which has cheap labor and low land costs.The firm decides to set up a factory in that area to take advantage of the lower land and labor costs.While setting up the factory,the company also develops infrastructure such as building roads,hospitals,and primary schools.This is an example of ________.

Accepted Answer

D) Strategic CSR involves social contributions that are directly aligned with a company's overall business strategy.

Question 6

________ involves donating money,employee time,or other resources to various causes without regard for any direct business benefits for the company.

Accepted Answer

A) Philanthropy involves donating money, employee time, or other resources to various causes without regard for any direct business benefits for the company.

Question 7

Unlike general philanthropy,strategic CSR ________.

Accepted Answer

E) Strategic CSR involves social contributions that are directly aligned with a company's overall business strategy. It makes more sense than general philanthropy. Investments that benefit the company are more likely to be sustained over time.

Question 8

Which of the following is true about strategic CSR?

Accepted Answer

D) Strategic CSR involves social contributions that are directly aligned with a company's overall business strategy.

Question 9

Corporate social responsibility refers to ________.

Accepted Answer

C) Corporate social responsibility (CSR) is the notion that business has obligations to society beyond the pursuit of profits.

Question 10

A company helps develop the workforce by supporting job training efforts.This is an example of ________.

Accepted Answer

A) Strategic CSR involves social contributions that are directly aligned with a company's overall business strategy.

Question 11

Nongovernmental organizations are ________.

Accepted Answer

C) Nongovernmental organizations (NGOs) are nonprofit groups that provide charitable services or promote social and environmental causes.

Question 12

The British firm Thames Water helped develop markets for its goods and services by assisting groups trying to improve water supplies in Africa.This is an example of ________.

Accepted Answer

C) Strategic CSR involves social contributions that are directly aligned with a company's overall business strategy.

Question 13

Which of the following ethical approaches emphasizes desirable character traits such as integrity and compassion?

Accepted Answer

E) Virtue emphasizes desirable character traits such as integrity and compassion.

Question 14

A ________ CSR is one in which a company accused of irresponsible behavior promotes itself as being socially responsible without making significant improvements in its business practices.

Accepted Answer

E) A purely cynical response to CSR is one in which a company accused of irresponsible behavior promotes itself as being socially responsible without making substantial improvements in its business practices.

Question 15

Which of the following approaches to resolving ethical dilemmas advocates choosing the option that delivers the most good for the most people?

Accepted Answer

B) Utilitarianism involves choosing the option that delivers the most good for the most people (or protects the most people from a negative outcome).

Question 16

Which of the following is true regarding the justice approach to ethics?

Accepted Answer

A) Justice refers to treating people equally, or at least fairly, in a way that makes rational and moral sense.

Question 17

Which of the following is an example of philanthropy?

Accepted Answer

A) Philanthropy involves donating money, employee time, or other resources to various causes without regard for any direct business benefits for the company.

Question 18

A company that takes positive steps to address a particular issue,but only because it has been embarrassed into action by negative publicity,has a ________ CSR.

Accepted Answer

B) Many companies find themselves facing pressure from a variety of activists and nongovernmental organizations (NGOs). One possible response to this pressure is to engage in CSR activities as a way to avoid further criticism, which is termed as defensive CSR.

Question 19

John,a business owner,refuses to contribute to social causes.He argues that he is an honest,law abiding businessman who never evades his taxes.He states that by providing good quality products at a fair price,he has fulfilled his company's obligation to society.John would be said to have a ________ approach to CSR.

Accepted Answer

B) According to the minimalist view, the only social responsibility of business is to pay taxes and obey the law.

Question 20

According to the ________ view,the only social responsibility of business is to pay taxes and obey the law.

Accepted Answer

B) According to the minimalist view, the only social responsibility of business is to pay taxes and obey the law.

Quiz 4: Business Ethics and Corporate Social Responsibility

LK Manufacturing Group,a company that manufactures home appliances,supports a community sports center to nurture the city's athletic talent as well as promote fitness activities,without regard for any direct business benefits.This exemplifies ________.

The idea that a business has obligations to society beyond the pursuit of profits is ________.

The manager of a golf course awards a landscaping contract to his brother-in-law's company,even though another company was willing to do the same work for less money.This is an example of ________.

________ involves donating money,employee time,or other resources to various causes without regard for any direct business benefits for the company.

Unlike general philanthropy,strategic CSR ________.

Which of the following is true about strategic CSR?

Corporate social responsibility refers to ________.

A company helps develop the workforce by supporting job training efforts.This is an example of ________.

Nongovernmental organizations are ________.

The British firm Thames Water helped develop markets for its goods and services by assisting groups trying to improve water supplies in Africa.This is an example of ________.

Which of the following ethical approaches emphasizes desirable character traits such as integrity and compassion?

A ________ CSR is one in which a company accused of irresponsible behavior promotes itself as being socially responsible without making significant improvements in its business practices.

Which of the following approaches to resolving ethical dilemmas advocates choosing the option that delivers the most good for the most people?

Which of the following is true regarding the justice approach to ethics?

Which of the following is an example of philanthropy?

A company that takes positive steps to address a particular issue,but only because it has been embarrassed into action by negative publicity,has a ________ CSR.

According to the ________ view,the only social responsibility of business is to pay taxes and obey the law.