ethics_exam_ch3 - CH3 The Stakeholder Approach to Business...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
CH3 The Stakeholder Approach to Business, Society, and Ethics 1. A potential disadvantage of pluralism is that it can encourage an extreme pursuit of individual self-interest. True False correct answer: true 2. The relationship between corporate social performance (CSP) and corporate financial performance (CFP) is best described as: a. CFP depends on CSP. b. CSP depends on CFP. c. CFP varies inversely with CSP. d. the two are related, but the exact nature is unclear. correct answer: d 3. Under stakeholder management, managers of the firm and the firm's stakeholders share responsibility for establishing the firm's goals. True False correct answer: false 4. Enterprise-level strategy asks the basic question "What is the role of the firm in society?" True False correct answer: true 5. Fink's term for the crisis stage in which the crisis actually occurs is: a. prodromal. b. acute. c. chronic. d. crisis resolution. correct answer: b 6. Descriptive ethics is concerned with supplying and justifying a coherent moral system of thinking and judging. True False 1/5
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
CH3 The Stakeholder Approach to Business, Society, and Ethics correct answer: false 7. Which ethical principal says that ethical decisions should be made on the basis of the results of the decision? a. virtue ethics b. the Golden Rule c. utilitarianism d. the organization ethic correct answer: c 8. Invasion of consumers' privacy is a potentially harmful result of: a. biotechnology. b. electronic commerce.
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 04/08/2010 for the course BUSINESS BUSS301 taught by Professor Wendy during the Spring '08 term at École Normale Supérieure.

Page1 / 5

ethics_exam_ch3 - CH3 The Stakeholder Approach to Business...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online