ch 3 Flashcards
Top managers who behave ethically can influence others in an organization to behave ethically
T
Sustainability refers a business’s concern for society’s welfare.
F. Sustainability refers to the idea that socially responsible companies will outperform their peers by
focusing on the world’s social problems and viewing them as opportunities to build profits and help the
world at the same time.
Sustainability refers to the idea that socially responsible companies will outperform their peers by
focusing on the world’s social problems and viewing them as opportunities to build profits and help the
world at the same time.
T
The foundation for the pyramid of corporate social responsibility is philanthropic responsibility.
F. The pyramid of corporate social responsibility portrays economic performance as the foundation for
the other three responsibilities (legal, ethical, and philanthropic)
The development and marketing of products designed to minimize negative effects on the physical
environment or to improve the environment is sustainability.
F. Green Marketing is the development and marketing of products designed to minimize negative effects
on the physical environment or to improve the environment.
refers to the moral principles or values that generally govern the conduct of an individual or a
group.
a.
Social consensus
b.
Sustainability
c.
Virtue
d.
Ethics
D
_____ is the idea that socially responsible companies will outperform their peers by focusing on the world’s social problems and viewing them as opportunities to build profit and help the world at the same time.
a. Sustainability
b. Philanthropy
c. Cause marketing
d. Creative ethics
e. International ethics
A
____is the concern of business for the long-range welfare of both the company and its relationships to the society within which it operates.
a. Consumerism
b. Corporate social responsibility
c. Cultural sensitivity
d. Conventional morality
e. Environmental consideration
B
Corporate social responsibility is defined as the:
a. belief that the legal system defines ethical behavior
b. development of inclusive codes of ethics
c. rules by which social rewards are attained
d. business’s concern for society’s welfare
e. coordination of social programs for publicity purposes
D
For every home built by Habitat for Humanity, Whirlpool Corporation has given and continues to give free kitchen appliances to the deserving family. This donation of appliances is an example of how companies assume their:
a. corporate social responsibility
b. ethical conveyance
c. duty to engage in cause marketing
d. right to engage in social marketing
e. multiculturalism
A
NSTAR Gas & Electric Company in Boston provides continuing financial support for an injury prevention program run by the Children’s Hospital Boston. This funding is an example of:
a. corporate social responsibility
b. ethical conveyance
c. a duty to engage in cause marketing
d. a right to engage in social marketing
e. multiculturalism
A
Which of the following is an argument used to support corporate social responsibility (CSR)?
a. The free market, not companies, should decide what is best for the world.
b. CSR can be a profitable undertaking.
c. Businesses are not responsible for social or environmental problems.
d. Businesses don’t have the expertise to make social decisions.
e. All of the above are arguments used in support of CSR.
B
The four components of the pyramid of corporate social responsibility are:
a. sustainability, creativity, profit, and culture
b. organizational culture, creativity imagery, economic performance, and objectivity
c. organizational, financial, social, and cultural responsibilities
d. sustainability, legality, creativity, and competition
e. economic, legal, ethical, and philanthropic responsibilities
E
One of the favorite foods in Thailand is shark fin soup. A San Francisco-based organization claimed
the soup made by its leading producer contained mercury poison, yet the leading producer of shark fin
soup wanted to continue selling the soup because it believes it has a responsibility to its investors to be
profitable. In terms of the pyramid of corporate social responsibility, this indicates that the soup
manufacturer was operating at a(n) _____ responsibility level.
economic
At which level of the pyramid of corporate social responsibility must a business “play by the rules”?
economic a.
philanthropic b.
legal c.
ethical d.
conformis E
C
Japanese law prohibits the storage of more than 50 pounds of explosive at any single site in the nation.
Every night Universal Studios Japan hosts a fireworks display. The theme park recently came under
government investigation when allegations were made that the park was detonating more than 50
pounds of explosives in its nightly fireworks displays. If the allegations are true, in terms of the
pyramid of corporate social responsibility, then Universal Studios Japan is not operating at a(n) _____
responsibility level.
legal a.
philanthropic b.
ethical c.
economic d.
cultural e.
A