Business Ethics 3 INTERACTIVE QUESTIONS.docx - INTERACTIVE QUESTIONS 1 Social responsibility is AN ORGANIZATION’S OBLIGATION TO MAXIMIZE ITS POSITIVE

Business Ethics 3 INTERACTIVE QUESTIONS.docx - INTERACTIVE...

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INTERACTIVE QUESTIONS 1. Social responsibility is AN ORGANIZATION’S OBLIGATION TO MAXIMIZE ITS POSITIVE EFFECTS AND MINIMIZE ITS NEGATIVE EFFECTS ON STAKEHOLDERS 2. In response to calls for businesses to be more socially responsible, the Nobel Prize- winning economist Milton Friedman argued that THE PRIMARY ROLE OF A BUSINESS IS TO MAXIMIZE PROFITS 3. Which of the following is not one of the rewards for being ethical and socially responsible in business? a. GREATER EMPLOYEE TURNOVER 4. Obedience to authority is part of which of the following components of the ethical decision-making framework? a. Superiors 5. Which of the following statements if false regarding strong ethical leaders? a. STRONG ETHICAL LEADERS ARE REACTIVE 6. A decision-maker’s perception of pressure and the potential harm a decision could have on others is referred to as MORAL INTENSITY 7. This leadership style relies on participation and teamwork to reach collaborative goals a. DEMOCRACTIC 8.
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