1
Stakeholder is any group within or outside the organization that has a stake in the organization's performance.
2
Self-actualizing responsibility is the highest criterion of social responsibility.
3
Dave Kapoor sells industrial-sized heating and cooling systems. His territory includes Illinois, Iowa, and Missouri. Management at Goode's firm has decided to increase the number of territories in each sales region. Goode should be excited about the opportunity this presents for him to earn more money.
4
To prevent sexual harassment, companies rely on top management support, grievance procedures, verification procedures, training for all employees, and performance appraisals and compensation policies that reward persons who practice anti-harassment behavior and punish persons who do not.
5
Sometimes it is not easy to distinguish between a gift and a bribe.
6
An ethics committee is a group of executives appointed to oversee company ethics.
7
Social responsibility:
8
Herb Munson, a hospital administrator in Oregon, lodged a complaint against the hospital owners when he was asked keep two sets of accounting records so the hospital could reduce its tax liability. The hospital that Alderson worked for was most than likely emphasizing its _____ responsibilities to its stakeholders.
9
Which of the following statements about an organization's social responsibilities is true?
10
Which of the following statements about the international side of ethics is true?
11
A[n] _____ is formal statement of a company's values concerning ethics and social issues.
12
According to the text, what is the single most important factor in improving the climate for ethical behavior in a sales force?
13
A car dealership had collected vehicular debris behind its used car lot. Police officers ordered the dealership to dispose of the discarded tires and vehicle parts because the city had a law protecting its citizens from potentially hazardous sites. The dealership was asked to abide by its _____ responsibility to society.
14
When a local Ace Hardware store agrees to donate $500 worth of house paint, brushes, and paint rollers to a nonprofit organization that repairs the homes of people who are on fixed incomes and who cannot do the repairs themselves, the hardware store is exhibiting its _____ responsibilities to society.
15
Senator John McCain has said that during his days as a North Vietnamese prisoner of war, a young officer named Mike Christian made a U.S. flag out of scrap material. He kept the flag hidden inside each shirt. Each day Christian would open his shirt, and the prisoners would say the pledge of allegiance. It made each of them feel like there was a purpose to their suffering. When the North Vietnamese discovered the flag, they removed Christian's shirt, and beat him for hours. As soon as he was able, he began to make a new flag. Christian operated at a _____ moral development level.
What is the formal statement of the company's values and ethics and social issues?
A company's mission statement defines its culture, values, ethics, fundamental goals, and agenda. Furthermore, it defines how each of these applies to the company's stakeholders—its employees, distributors, suppliers, shareholders, and the community at large.
Is a formal statement of the company's values?
Answer and Explanation: A C] code of ethics is a formal statement of an organization's primary values and the ethical rules it expects its employees to follow.
What is a formal statement of ethical principles and rules of conduct?
A code of ethics is a formal statement of what your business prospects in the way of ethical behavior.
What are formal statements that describe what an organization expects of its employees?
A code of conduct is a set of values, rules, standards, and principles outlining what employers expect from staff within an organization.