Question 1

A(n) __________ is a formal statement of a company's values concerning ethics and social issues; it communicates to employees what the company stands for.

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The answer of A(n) __________ is a formal statement of...

Question 2

__________ are designed to affect corporate culture; they define fundamental values and contain general language about company responsibilities, quality of products, and treatment of employees.

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The answer of __________ are designed to affect corporate culture;...

Question 3

List and define the stages of moral development.

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Question 4

A(n) __________ is a group of executives (and sometimes lower-level employees as well) appointed to oversee the company ethics by ruling on questionable issues and disciplining violators.

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Question 5

__________ is a technique that provides a systematic way to identify the expectations, needs, importance, and relative power of various stakeholders.

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Question 6

The term __________ refers to measuring an organization's social performance, its environmental performance, and its financial performance.

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Question 7

Briefly explain the justice approach to ethics and then explain the three types of justice.

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Question 8

__________ refers to the ability to generate wealth without compromising environmental responsibility and social stewardship, thus meeting the current and future needs of stakeholders while preserving the environment and society so that future generations can meet their needs as well.

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The answer of __________ refers to the ability to generate...

Question 9

General statements of principle are often called __________.

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Question 10

__________ generally outline the procedures to be used in specific ethical situations, such as marketing practices, conflicts of interest, observance of laws, proprietary information, political gifts, and equal opportunities

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The answer of __________ generally outline the procedures to be...

Question 11

A(n) __________ is a company executive who oversees all aspects of ethics and legal compliance, including establishing and broadly communicating standards, conducting ethics training programs, dealing with exceptions or problems, and advising senior managers in the ethical and compliance aspects of decisions.

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The answer of A(n) __________ is a company executive who...

Question 12

List and briefly describe the five approaches that are used to describe values for guiding ethical decision making.

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Question 13

List three primary mechanisms that managers can implement to help employees and the company stay on ethical footing.

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Question 14

Employee disclosure of illegal, unethical, or illegitimate practices on the employer's part is called __________.

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Question 15

List three examples of primary stakeholders.

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Question 16

Briefly explain the concept of conscious capitalism.

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Question 17

A(n) __________ is any group or person within or outside the organization that has some type of investment or interest in the organization's performance and is affected by the organization's performance.

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Question 18

Define ethics, and explain how the domain of ethics relates to law and free choice.

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Question 19

List the five approaches that managers can use to help guide ethical decision making.

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Question 20

__________ means that managers are honest and trustworthy, are fair in their dealings with employees and customers, and behave ethically in both their personal and professional lives.

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The answer of __________ means that managers are honest and...

Quiz 5: Managing Ethics and Social Responsibility