Business Ethics and Social Responsibility in Canada

False (B)

A unique diverse multicultural tapestry

<p>managers</p> Signup and view all the answers

<p>Good Management = Links ethics to management Good Organization = Considers managing ethics inside the organization Good Citizenship = Goes beyond organizational boundaries</p> Signup and view all the answers

<p>Maintaining public trust by meeting societal expectations. (C)</p> Signup and view all the answers

<p>Preparing readers for decision-making by learning from past events and constructing best practices. (A)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Ethical, social, and environmental</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>99 percent</p> Signup and view all the answers

<p>precondition</p> Signup and view all the answers

<p>government</p> Signup and view all the answers

<p>Ignoring social and environmental responsibilities = Risking long-term business survival Meeting humanity's needs without harming future generations = Contributing to corporate sustainability Considering stakeholder demands for greater accountability = Moving beyond public relations exercises Progressive responses to ethical responsibilities = A valuable intangible asset</p> Signup and view all the answers

<p>Resource, financial, and employee management. (C)</p> Signup and view all the answers

<p>Society = A community with common traditions, values, and history Business = Private, commercial-value oriented legal enterprises SME = Small- and medium-sized enterprises Crown corporation = Companies owned by the government.</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>48 percent (A)</p> Signup and view all the answers

<p>A valuable intangible asset. (A)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>diversity, freedom, democracy, rule of law, and social protection</p> Signup and view all the answers

<p>Infrastructure and resource inputs like education and healthcare. (C)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Jobs, wealth and innovations</p> Signup and view all the answers

<p>social problem</p> Signup and view all the answers

<p>Crown Corporations = Operated by the federal government of Canada Large Companies = Companies with over 500 employees Small- and Medium-Sized Businesses = Generating positive media coverage Social enterprise movement = Also generating positive media coverage</p> Signup and view all the answers

<p>Through a steady demand for goods and services. (B)</p> Signup and view all the answers

<p>False (B)</p> Signup and view all the answers

<p>Jobs disappear, wages stagnate, and overall wealth declines</p> Signup and view all the answers

Links ethics to management practices in a company.

Focuses on managing ethics within the organizational structure.

Extends ethical considerations beyond organizational boundaries to society.

Challenges the belief that good companies cannot be built.

A pluralistic society with diverse groups influencing business practices.

The distinct economic system in Canada shaped by its unique social context and values.

A community of people with shared traditions, values, and histories, often diverse and pluralistic.

A society with diverse values and backgrounds, leading to varied perspectives and potential disagreements.

Government initiatives in Canada aimed at providing economic security and health services, constituting 48% of GDP.

Private, commercial entities focused on creating value, ranging from small firms to large corporations.

Businesses that constitute 99% of Canada's enterprises and employ 88% of the workforce.

Businesses owned by the Canadian government, playing a role in the national economy.

The process of formulating optimal responses to the relationship challenges between business and society.

Businesses owned by the federal government, serving public interests.

Businesses with over 500 employees, significant in economic impact.

Businesses prioritizing social impact alongside profit.

A symbiotic connection where business supports society and vice versa.

Society's permission for businesses to function based on expectations.

Mutual expectations of behavior between businesses and society.

Mismatch between business social performance and societal expectations.

A thriving society is essential for business success.

Alignment of business and society expectations necessary for economic activity.

Privilege to operate with minimal restrictions based on public trust.

Evolving agreement on business responsibilities related to performance.

Business responsibility to meet current needs without harming future generations.

Non-physical asset, like corporate responsibility that enhances company value.

Annual assessment of Canada's best corporate citizens based on key performance indicators.

Metrics used to evaluate corporate performance in various domains.

Demands from individuals or groups with interest in the business's performance.