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Exam 4: Demanding Ethical and Socially Responsible Behavior

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Question 21

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Ethical problems and issues of social responsibility are:

A) unique to firms involved in global trade.
B) unique to the United States.
C) not unique to the United States.
D) less important now than in the past.

E) A) and D)
F) C) and D)

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Question 22

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The brewers of Budweiser beer encourage their customers to drink responsibly and "know when to say when." This reflects a compliance-based approach to ethics.

A) True
B) False

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Question 23

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As the human resources director for your company, it is your job to evaluate the company's benefits plan. Although several workers utilize the company day care facility, the facility costs the firm considerably more than another benefit might cost, such as having an on-site physician. The on-site physician services are supported by insurance, and the physician actually rents space from the company. Under these circumstances, eliminating the day care is a balanced decision.

Top management at Big Bend Motorcycle Company is convinced that the company has a social responsibility to its community. Management believes that the firm can have the greatest impact in this area through cash contributions to nonprofit organizations. This is an example of:

The green movement has resulted in a positive impact on U.S. jobs.

The job of an ethics officer is to serve as a counselor for employees and as an investigator for the company.

As a show of corporate responsibility to your customers, your firm may elect to provide more information regarding your product than the law demands.

Often it is the threat of negative publicity that pressures businesses to enforce their corporate code of ethics.

Integrity-based ethics codes are based on avoiding legal punishment.

Making businesspeople more accountable for company actions may help restore trust in the free-market system and leaders in general.

People involved in business may be tempted to do something unethical in order to increase sales and profits, but rarely do because if they are caught, our legal system will deal harshly with them.

The position a firm takes on issues that affect the corporation as well as society is known as its:

An ethical manager's decisions are based only on the following questions: "Is it legal?" and "Is it profitable?"

After a few years of being in business, employees who worked for a start-up software company noticed that the owner overlooked certain questionable actions of high billing associates, versus other employees who worked hard but only brought in an average number of new clients each month. With respect to what you learned in this chapter about the ethical behavior of many Americans, which of the following statements applies here?

Compliance-based ethics codes are based on preventing unlawful behavior.

Recently, a large insurance company in the Midwest made a public commitment toward corporate philanthropy when it dedicated 3% of its profits toward the cultural and environmental concerns of the large metropolitan area that houses its corporate headquarters. The CEO stated, "In honor of several hundred employees that come to work here everyday, we want to give something back." In light of the fact that this is only helping one metropolitan area, the donation falls outside the realm of corporate social responsibility.

The danger in writing new laws to correct behavior is that:

Enrollment at Tradewinds College (a well-known private institution) has increased by about 3% each year for three years, even though tuition and fees have gone up to help defray the cost of new wind turbines installed on campus to generate enough power to serve the campus buildings and to sell to local business establishments. As a recent student of contemporary corporate social responsibility, you conclude:

American businesses can legally demand socially responsible behavior from their international suppliers.

Utilizing the phrase "the ends justify the means" as a corporate value system can negatively impact company morale and competitiveness.