ethics D moral rights E the society motive Social responsibility is a managers

Ethics d moral rights e the society motive social

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ethics. D. moral rights. E. the society motive. Social responsibility is a manager's duty to take actions that will benefit the interests of society as well as of the organization. AACSB: Ethics Bloom's: Remember Difficulty: Easy Learning Objective: 03-04 Is being socially responsible really necessary? Topic: The Social Responsibilities Required of You as a Manager 3-72 Chapter 03 - The Manager's Changing Work Environment & Ethical Responsibilities Doing the Right Thing 110. (p. 85) Allie felt that her small business in Detroit had a larger duty than just following the law and making a profit. She wanted to make a difference in her community by helping with issues like poverty and high unemployment. Allie believes in A. corporate paternal responsibility. B. the fair skies concept. C. corporate social responsibility. D. the corporate protection concept. E. corporate welfare. Corporate social responsibility (CSR) is the notion that corporations are expected to go above and beyond following the law and making a profit to help society. AACSB: Ethics Bloom's: Apply Difficulty: Hard Learning Objective: 03-04 Is being socially responsible really necessary? Topic: The Social Responsibilities Required of You as a Manager 111. (p. 85) The economic development that meets the needs of the present without compromising the ability of future generations to meet their own needs is known as A. sustainability. B. ethical growth. C. economic security. D. strategic planning. E. philanthropic growth. Sustainability is meeting the needs of the present without compromising the ability of future generations to meet their own needs. AACSB: Ethics Bloom's: Remember Difficulty: Easy Learning Objective: 03-04 Is being socially responsible really necessary? Topic: The Social Responsibilities Required of You as a Manager 3-73 Chapter 03 - The Manager's Changing Work Environment & Ethical Responsibilities Doing the Right Thing 112. (p. 85) Milton Friedman would have agreed with which of the following statements about social responsibility? A. A company will produce higher quality goods and services when it practices social responsibility. B. A company will increase its sales when it practices social responsibility. C. A company will be able to create better jobs when it practices social responsibility. D. A company will become distracted from its task to maximize profits when it practices social responsibility. E. A company
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will provide improved value when it practices social responsibility. Friedman represents the view that "the social responsibility of business is to make profits." Unless a company focuses on maximizing profits, it will become distracted and fail to provide goods and services, benefit the stockholders, create jobs, and expand economic growththe real social justification for the firm's existence. AACSB: Ethics Bloom's: Apply Difficulty: Hard Learning Objective: 03-04 Is being socially responsible really necessary? Topic: The Social Responsibilities Required of You as a Manager 113. (p. 87) Which of the following forms the base of Carroll's global corporate social responsibility pyramid? A. Philanthropic responsibility B. Economic responsibility C. Ethical
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  • Kinney
  • Management, The Land, AACSB, Exceptional Manager, Analytic Bloom

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