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Corporate Social Responsibility and Ethics
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Corporate Social Responsibility and Ethics
Corporate Social Responsibility and Ethics
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1
Question
What deals with the things an organization does that affects society, including basic ethical considerations?
Answer
Corporate Social Responsibility
2
Question
What is the study of how our decisions affect others? In terms of Corporate Social Responsibility, companies and managers use past experiences, values, and present concerns in setting moral visions for the future.
Answer
Ethics
3
Question
What are the two principles of Andrew Carnegie's Gospel of Wealth (1899)?
Answer
Charity Principle and Stewardship Principle
4
Question
What principle is defined as "doctrine requiring more fortunate individuals to assist less fortunate members of society"?
Answer
Charity Principle
5
Question
What principle is defined as "requires businesses and wealthy individuals to view themselves as stewards, or caretakers, of their property for the benefit of society"?
Answer
Stewardship Principle
6
Question
Milton Friedman argues that the social responsibility of business is to do what?
Answer
increase its profits and to use its resources and energy in activities designed to increase profits, in open and free competition, without deception or fraud
7
Question
What is defined as "it is in the best interest of organizations to act in ways that the community considers socially responsible"?
Answer
Enlightened Self-Interest
8
Question
What theory focuses on how companies respond to issues, rather than trying to determine their ultimate social responsibility?
Answer
Corporate Social Responsiveness
9
Question
What are the two basic approaches to Corporate Social Responsiveness?
Answer
how individual companies respond to social issues and the forces that determine the social issues to which businesses should respond
10
Question
What combines the ideas of social responsibility and social responsiveness and encompasses social principles, processes, and policies shaped by economic, legal, and ethical principles?
Answer
Corporate Social Performance
11
Question
What involves the study of how our decisions affect others, people's rights and duties, the moral rules that people apply in making decisions, and the nature of the relationships among the people?
Answer
Business Ethics
12
Question
What are the Four Levels of Ethical Questions in Business?
Answer
Society, Stakeholders, Internal Policy, Individual
13
Question
What are the key terms/tools of ethical language?
Answer
Values, Moral Rules, Right, Duty, Human Relationships
14
Question
What key tool of ethical language is defined as "relatively permanent desires that seem to be good in themselves"? It is the answer to the WHY question.
Answer
Values
15
Question
What key tool of ethical language is defined as "guide us through situations where competing interests collide"? They are the tie breakers/guidelines that can resolve disagreement.
Answer
Moral Rules
16
Question
What key tool of ethical language is defined as "claims that entitle a person"? It is also known as the person's sphere of autonomy.
Answer
Right
17
Question
What key tool of ethical language is defined as "an obligation to take specific steps (e.g. pay taxes, obey the law, etc.)"?
Answer
Duty
18
Question
What key tool of ethical language is defined as "every human being is connected to others in a web or relationships"?
Answer
Human Relationship
19
Question
What is the body of moral rules governing ordinary ethical problems?
Answer
Common Morality
20
Question
What type of common morality is defined as "human beings should keep most of their promises, most of the time"?
Answer
Promise Keeping
21
Question
What type of common morality is defined as "moral theories require that most people, most of the time, refrain from harming other people"?
Answer
Nonmalevolence
22
Question
What type of common morality is defined as "individual should help one another if the cost of doing so is not great"?
Answer
Mutual Aid
23
Question
What type of common morality is defined as "requires us to regard other people as ends in themselves, not as mere means to our own ends and involves taking people seriously, accepting their interests as legitimate, and regarding their desires as important"?
Answer
Respect for Persons
24
Question
What type of common morality is defined as "most people, most of the time, should get the consent of others before using their property"?
Answer
Respect for Property
25
Question
What is the recognition that business must have a global, not local focus, consisting of three interrelated factors: proximity, location, and attitude?
Answer
Globalization
26
Question
What factor of globalization is referred to as "closer ties and the insignificance of distance in today's business world"?
Answer
Proximity
27
Question
What factor of globalization is referred to as "the location and integration of an organization's operations across several international boundaries"?
Answer
Location
28
Question
What factor of globalization is referred to as "a new, open attitude about practicing management internationally, including curiosity about the world outside one's national borders and a willingness to develop capabilities for participating in the global economy"?
Answer
Attitude
29
Question
What are the Stages of Internationalization in business?
Answer
Indirect Exporting, Direct Exporting, Licensing and Franchising, Joint Venture, and Global Strategic Partnership
30
Question
What stage of internationalization involves the selling of domestically produced goods in foreign markets?
Answer
Indirect and Direct Exporting