Bus. Princ.-Ch#4

Business that chose on a case by case basis to be social responsible are considered

Companies who have programs such as elder care & day care are developing a company code of ethics.

A formal, written document that defines the ethical standards of an organization is called a/an

When creating an ethical organization employees tend to be more fully engaged when management is committed.

CR includes contributions through actions of the business itself, rather than donations of $$ & time

A written code of ethics gives employees information they need to make ethical decisions across a range of situations

Which of the following is not considered a stakeholder?

Joe reveals information to his boss that his colleague took a bribe not to publish the story. In this scenario Joe is a

Investors and employees are 2 types of stakeholders.

Ethical norms that apply to people across a broad spectrum of situations are called

When ethical standards shift depending on the situation the standards are considered relative.

Marketing partnerships between businesses and nonprofit organizations is called

A set of beliefs about right and wrong is known as

_____ refers to a decision that involves a conflict of values

To gain a competitive edge companies are resorting to green marketing practices.

Business donations to nonprofit groups including donations of employee time, money and products.

Conducting a systematic evaluation of how well the company is meeting its ethics and corporate responsibility goals is

Ethics is related to individuals and their day-to-day decision-making.

In the context of the legal & ethical dimensions of business conduct, taking company supplies is unethical and but legal

Company employees, customers, & vendors who supply raw materials to the company are known as

Corporate philanthropy includes business donations to nonprofit groups of products, money and employee time.

Promoting high-calorie/low-nutrient foods with inadequate information about the risks is a(n) _____ practice.

Companies are motivated to self-regulate their ethics and social responsibility because of

In an ethical dilemma, every potential course of action has some significant negative consequences.

Ethics Resource Center states organizational culture is most influential in shaping ethical conduct of employees

Doing business to meet the needs of the current generation without harming the ability of future generations is known as

Stakeholders are groups of people who have a malicious intent toward an organization&who often resort to harmful actions

Deliberately designing products to fail in order to shorten the time between consumer repurchases is known as