Question 1

Which of the following is not typically a benefit for socially responsible organizations?

Accepted Answer

While socially responsible organizations can see benefits such as attracting socially conscious investors, swaying public opinion against government intervention, retention of more talented employees, and potentially tax-free incentives to employees, short-term cost savings are not typically a benefit. Socially responsible practices often require investments in sustainability, employee well-being, and community outreach, which may have higher short-term costs but can lead to long-term benefits and positive impact.

Question 2

Corporate charitable giving is frequently described as

Accepted Answer

Corporate charitable giving is often seen as profit-motivated advertising because companies may use it to enhance their public image and brand reputation, ultimately aiming to increase profits.

Question 3

Crisp Cut Inc., a meat-cutting machine manufacturer, went against industry norms and took the initiative to install important but costly safety features. What social responsibility strategy was it following?

Accepted Answer

Crisp Cut Inc.'s decision to install important but costly safety features shows that they are following a proaction strategy, where they take proactive steps to address social issues and concerns. It goes against industry norms, which suggests they are taking a leadership role in the industry and not just reacting to external pressures.

Question 4

In recent years, highly publicized accounts of corporate misconduct have led to wide-spread cynicism about

Accepted Answer

The fact that there have been "highly publicized accounts of corporate misconduct" points to the breakdown of ethical standards within businesses. This has led to cynicism about the overall commitment of businesses to business ethics.

Question 5

According to research, ____ were reportedly found to experience the most pressure to act unethically.

Accepted Answer

According to research conducted by the Ethics Resource Center, mid-level managers were found to experience the most pressure to act unethically. This may be due to the fact that they are often caught between upper management's expectations and the demands of their teams. Additionally, they may feel they have less power and autonomy compared to higher-level executives, but more responsibility compared to lower-level employees.

Question 6

In a survey of U.S. employees from all levels across several industries, ____ percent admitted to at least one illegal or unethical act from a list of 25 questionable practices.

Accepted Answer

The answer of In a survey of U.S. employees from...

Question 7

Research on corporate philanthropy tells us that companies with criminal records can improve their social responsibility ratings with the public by

Accepted Answer

Research suggests that companies with criminal records can improve their social responsibility ratings with the public by donating significant amounts of money to charitable causes. This is seen as a way to demonstrate a commitment to giving back to society and to make amends for any wrongdoing. Merging with a reputable company, temporarily declaring bankruptcy, going out of business, or changing their name are not effective ways to improve social responsibility ratings with the public.

Question 8

____ represents the correct sequence of low-to-high degrees of social responsibility on the continuum of social responsibility strategies.

Accepted Answer

The correct sequence from low to high degrees of social responsibility is reaction, defense, accommodation, and proaction. This order reflects a company's progression from merely reacting to social pressures, to defending its actions, then accommodating more responsible practices, and finally, proactively seeking to contribute positively to society.

Question 9

The charitable donation of company resources refers to

Accepted Answer

The charitable donation of company resources falls under the category of corporate philanthropy, which refers to the act of a corporation donating funds, goods, or services to charitable causes or nonprofit organizations. It is not necessarily motivated by self-interest or a moral obligation, although these factors may play a role in decision-making. It is also not a social trade-off, as there is no specific exchange or negotiation involved. Rather, it is a voluntary act of social responsibility and can be seen as a social obligation for companies to give back to their communities.

Question 10

Which of these is one of the four corporate social responsibility strategies?

Accepted Answer

Defense is one of the four strategies of corporate social responsibility, which also include reaction, accommodation, and proaction. Defense involves a company taking a stance to defend its actions while still acknowledging its responsibilities.

Question 11

An organization is pressured into assuming additional responsibilities if it follows a(n) ____ social responsibility strategy.

Accepted Answer

An accommodation social responsibility strategy involves an organization taking on additional responsibilities due to pressure from external forces, such as public opinion, activist groups, or governmental regulations. This approach is more about responding to external pressures rather than initiating change proactively.

Question 12

A(n) ____ social responsibility strategy uses legal maneuvering and/or a public relations campaign to avoid assuming additional responsibilities.

Accepted Answer

A defensive social responsibility strategy involves taking steps to avoid assuming additional responsibilities, often through legal maneuvering or public relations campaigns to minimize negative publicity or potential legal liability. This approach is reactive rather than proactive and focuses on minimizing risks and costs rather than actively pursuing positive social change.

Question 13

Which word or phrase best conveys the meaning of altruism?

Accepted Answer

Altruism is defined as the unselfish concern for the welfare of others. Therefore, the phrase that best conveys this meaning is "unselfish devotion to others" (option B).

Question 14

Researchers found which sort of relationship between industry leadership in environmental protection/pollution control and profitability?

Accepted Answer

Several studies have found that companies that prioritize environmental protection and pollution control tend to have better financial performance in the long run, due to factors such as increased efficiency, reduced costs, and enhanced reputation among customers and stakeholders.

Question 15

What social responsibility strategy is in operation if the U.S. textile industry eventually lowers the dust levels in textile plants to avoid threatened regulation by Congress?

Accepted Answer

The U.S. textile industry lowering dust levels to avoid threatened regulation by Congress is an example of the accommodation strategy. This approach involves making adjustments or accommodations in response to public pressure or potential regulatory changes, rather than proactively seeking to improve practices or only making changes when legally mandated.

Question 16

The realization that business ultimately helps itself by helping to solve societal problems defines

Accepted Answer

The concept of enlightened self-interest suggests that businesses can ultimately benefit themselves by addressing societal problems, rather than simply pursuing profit. This approach recognizes that a company's success is tied to the well-being of the broader community and works to align business goals with societal needs.

Question 17

In a company self-test, Ashwood Custom Cars discovered that at certain speeds the exhaust systems caught fire. The company immediately issued a recall on all their cars to fix the problem. Ashwood Custom Cars followed what social responsibility strategy?

Accepted Answer

Ashwood Custom Cars followed the proaction social responsibility strategy by identifying the potential issue through self-testing and initiating a recall to fix the problem before any harm or damage occurred.

Question 18

Jessica is a supervisor at Trekkers, an outdoor apparel company. For years, Jessica has been advocating that Trekkers increase its involvement in the community by performing services and providing goods to the less fortunate. Jessica can best be described as a(n)

Accepted Answer

An altruist is defined as someone who has a selfless concern for the welfare of others. Jessica's advocacy for Trekkers to increase its involvement in the community and help the less fortunate reflects this quality.

Question 19

____ is the number one workplace hot spot responsible for triggering unethical and illegal conduct, according to research.

Accepted Answer

The answer of ____ is the number one workplace hot...

Question 20

Ethics refers to the study of

Accepted Answer

Ethics is the study of moral obligation, or what is considered right and wrong in a given situation or society. It is concerned with how individuals and organizations should behave in order to promote good and avoid harm.

Quiz 5: Managements Social and Ethical Responsibilities