Question 1

Match each term with the correct statement below.
-simply failing to act in a socially responsible manner

Accepted Answer

Reaction refers to a company's strategy of simply failing to act in a socially responsible manner, often doing only what is legally required and nothing more.

Question 2

Match each term with the correct statement below.
-legal/responsible; legal/irresponsible; illegal/responsible; illegal/irresponsible

Accepted Answer

The four faces of social responsibility are legal, economic, ethical (responsible), and philanthropic (voluntary/irresponsible in a sense of not being required by law).

Question 3

Match each term with the correct statement below.
-acting in a way that is consistent with society's overall perceptions and expectations of the public with regard to interaction between business and society.

Accepted Answer

The answer of Match each term with the correct statement...

Question 4

Match each term with the correct statement below.
-the interaction between business and the social environment in which it exists

Accepted Answer

The answer of Match each term with the correct statement...

Question 5

Match each term with the correct statement below.
-Business should engage in behavior and actions that not only meet the minimum requirements of law and public policy but also fulfill the "spirit of the law."

Accepted Answer

Ethical responsibility goes beyond the minimum legal requirements and encompasses acting in a manner that is right, fair, and just, which aligns with the statement provided.

Question 6

Match each term with the correct statement below.
-The responsibility of business is to make a profit within the "rules of the game."

Accepted Answer

Economic responsibility refers to the obligation of a business to be profitable and operate efficiently within the framework of the law, which is often described as the "rules of the game."

Question 7

Match each term with the correct statement below.
-Business should act in a way that is consistent with public policy.

Accepted Answer

Legal responsibility refers to a business's obligation to comply with laws and regulations, which are consistent with public policy.

Question 8

Match each term with the correct statement below.
-Modern corporations should proactively seek to act in ways that improve the welfare of society.

Accepted Answer

Philanthropic responsibility refers to the voluntary actions that corporations take to improve the welfare of society, beyond their economic, legal, and ethical obligations.

Question 9

Match each term with the correct statement below.
-responding to social challenges only when necessary to defend their current positions

Accepted Answer

The term "defense" refers to responding to social challenges only when necessary to defend current positions, as it implies a protective or reactive stance.

Question 10

Match each term with the correct statement below.
-subscribing to the notion of social responsiveness

Accepted Answer

Proaction refers to taking initiative and acting in anticipation of future problems or opportunities, which aligns with the concept of social responsiveness.

Question 11

Match each term with the correct statement below.
-simply failing to act in a socially responsible manner

Accepted Answer

Simply failing to act in a socially responsible manner is a reaction.

Question 12

Match each term with the correct statement below.
-readily adapting behaviors to comply with public policy and regulation where necessary and more importantly, attempting to be responsive to public expectations

Accepted Answer

Accommodation involves adapting behaviors to comply with public policy and regulation and being responsive to public expectations, fitting the description provided.

Question 13

Match each term with the correct statement below.
-a situation in which a person must decide whether or not to do something that, although beneficial to oneself or the organization or both, may be considered unethical

Accepted Answer

An ethical dilemma is a situation where a person faces a choice between two actions that may both involve compromising ethical principles. In the context given, it involves deciding whether to pursue a personal or organizational benefit that may be considered unethical, fitting the definition of an ethical dilemma.

Question 14

Match each term with the correct statement below.
-someone who exposes organizational misconduct or wrongdoing to the public

Accepted Answer

A whistleblower is someone who exposes any kind of information or activity that is deemed illegal, unethical, or not correct within an organization that is either private or public.

Question 15

Match each term with the correct statement below.
-relatively permanent and deeply held preferences of individuals and groups

Accepted Answer

Values are relatively permanent and deeply held preferences of individuals and groups, guiding their behavior and choices.

Question 16

Match each term with the correct statement below.
-holds that human beings have certain moral entitlements that should be respected in all decisions

Accepted Answer

The human rights approach to ethics emphasizes that all humans have certain rights that should be respected in all decisions, aligning with the definition provided.

Question 17

Match each term with the correct statement below.
-training designed to help managers clarify their ethical framework and practice self-discipline when making decisions in difficult circumstances

Accepted Answer

Ethical training programs are specifically designed to help individuals, especially managers, understand and clarify their ethical framework. These programs often include scenarios and exercises that encourage participants to practice self-discipline and make ethical decisions in challenging situations.

Question 18

Match each term with the correct statement below.
-behavior that is morally accepted as good and right as opposed to bad or wrong in a particular setting

Accepted Answer

Ethics refers to the principles of right and wrong that individuals, acting as free moral agents, use to make choices to guide their behaviors. It encompasses the concept of behavior that is morally accepted as good and right as opposed to bad or wrong in a particular setting.

Question 19

Match each term with the correct statement below.
-the application of general ethical rules to business behavior

Accepted Answer

Business ethics specifically refers to the application of ethical principles and standards to business behavior, distinguishing it from broader ethical concepts.

Question 20

Match each term with the correct statement below.
-an approach in which decisions are based on an equitable, fair, and impartial distribution of benefits (rewards) and costs among individuals and groups

Accepted Answer

The justice approach to ethics focuses on fairness and the equitable distribution of benefits and burdens among individuals and groups, aligning with the description provided.

Quiz 3: Social Responsibility and Ethics

Match each term with the correct statement below. -simply failing to act in a socially responsible manner

Match each term with the correct statement below. -legal/responsible; legal/irresponsible; illegal/responsible; illegal/irresponsible

Match each term with the correct statement below. -acting in a way that is consistent with society's overall perceptions and expectations of the public with regard to interaction between business and society.

Match each term with the correct statement below. -the interaction between business and the social environment in which it exists

Match each term with the correct statement below. -Business should engage in behavior and actions that not only meet the minimum requirements of law and public policy but also fulfill the "spirit of the law."

Match each term with the correct statement below. -The responsibility of business is to make a profit within the "rules of the game."

Match each term with the correct statement below. -Business should act in a way that is consistent with public policy.

Match each term with the correct statement below. -Modern corporations should proactively seek to act in ways that improve the welfare of society.

Match each term with the correct statement below. -responding to social challenges only when necessary to defend their current positions

Match each term with the correct statement below. -subscribing to the notion of social responsiveness

Match each term with the correct statement below. -simply failing to act in a socially responsible manner

Match each term with the correct statement below. -readily adapting behaviors to comply with public policy and regulation where necessary and more importantly, attempting to be responsive to public expectations

Match each term with the correct statement below. -a situation in which a person must decide whether or not to do something that, although beneficial to oneself or the organization or both, may be considered unethical

Match each term with the correct statement below. -someone who exposes organizational misconduct or wrongdoing to the public

Match each term with the correct statement below. -relatively permanent and deeply held preferences of individuals and groups

Match each term with the correct statement below. -holds that human beings have certain moral entitlements that should be respected in all decisions

Match each term with the correct statement below. -training designed to help managers clarify their ethical framework and practice self-discipline when making decisions in difficult circumstances

Match each term with the correct statement below. -behavior that is morally accepted as good and right as opposed to bad or wrong in a particular setting

Match each term with the correct statement below. -the application of general ethical rules to business behavior

Match each term with the correct statement below. -an approach in which decisions are based on an equitable, fair, and impartial distribution of benefits (rewards) and costs among individuals and groups