Business Ethics and Sustainability
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Questions and Answers

What term is used to describe different environmental approaches organizations may take?

  • Green methods
  • Sustainability practices
  • Environmental strategies
  • Shades of green (correct)

    • Which of the following standards specifically relates to environmental management?

  • ISO 9000
  • ISO 14000 (correct)
  • ISO 12000
  • ISO 10000

    • At which level of moral development do individuals make decisions based on established societal norms?

  • Conventional level (correct)
  • Preconventional level
  • Principled level
  • Post-conventional level

    • Which of the following factors influences ethical behavior related to organizational structure?

    <p>Performance appraisal system</p> Signup and view all the answers

    What characteristic does NOT determine issue intensity regarding ethical dilemmas?

    <p>Corporate profitability</p> Signup and view all the answers

    Which of the following individual characteristics is considered a personal factor affecting ethical behavior?

    <p>Ego strength</p> Signup and view all the answers

    Which stage of moral development emphasizes adherence to legal and ethical standards without personal judgment?

    <p>Conventional level</p> Signup and view all the answers

    Which characteristic of issue intensity refers to how much harm is likely to occur?

    <p>Greatness of harm</p> Signup and view all the answers

    What is the main intention of social responsibility for a business?

    <p>To act in ways that benefit society</p> Signup and view all the answers

    Which of the following best describes green management?

    <p>Considering organizational impact on the natural environment</p> Signup and view all the answers

    Which approach to going green focuses on legal compliance?

    <p>Legal approach</p> Signup and view all the answers

    What does social screening involve?

    <p>Applying social criteria to investment decisions</p> Signup and view all the answers

    What is the classical view of social responsibility?

    <p>Firms have a duty to maximize profits</p> Signup and view all the answers

    What does the socioeconomic view emphasize?

    <p>Meeting economic and legal responsibilities</p> Signup and view all the answers

    Which of these best represents management's role in encouraging ethical behavior?

    <p>Guiding decisions about ethical dilemmas</p> Signup and view all the answers

    Which of the following is NOT a factor that influences social responsibility decisions?

    <p>Employee satisfaction</p> Signup and view all the answers

    What impact can unrealistic job goals have on otherwise ethical employees?

    <p>They might lead employees to adopt unethical behavior to meet the goals.</p> Signup and view all the answers

    What is one primary purpose of ethics training programs in organizations?

    <p>To promote a culture of ethical behavior.</p> Signup and view all the answers

    What do independent social audits evaluate?

    <p>Decisions and practices against the organization's code of ethics.</p> Signup and view all the answers

    How can managers promote ethical behavior among employees?

    <p>By being ethical role models and communicating values.</p> Signup and view all the answers

    What defines a whistle-blower in an organization?

    <p>An individual raising ethical concerns to others.</p> Signup and view all the answers

    What is a key characteristic of a social entrepreneur?

    <p>They seek innovative solutions to improve society.</p> Signup and view all the answers

    What is suggested for ethical leadership regarding communication?

    <p>Regularly share personal values with employees.</p> Signup and view all the answers

    Which of the following is NOT a suggested action for being an ethical leader?

    <p>Manipulate data to seem more favorable.</p> Signup and view all the answers

    What is corporate philanthropy primarily aimed at achieving?

    <p>Addressing societal problems effectively</p> Signup and view all the answers

    Which of the following best describes social obligation?

    <p>Meeting economic and legal responsibilities</p> Signup and view all the answers

    Which approach to green management focuses on market trends?

    <p>Market approach</p> Signup and view all the answers

    Which factor does NOT typically influence ethical and unethical behavior?

    <p>National economic conditions</p> Signup and view all the answers

    What role do managers primarily play in fostering ethical behavior?

    <p>Being the most significant influence on decision-making</p> Signup and view all the answers

    What can managers do to support whistle-blowers in an organization?

    <p>Encourage them to come forward about ethical issues</p> Signup and view all the answers

    Which type of decisions are considered nonprogrammed?

    <p>Unique decisions requiring custom solutions</p> Signup and view all the answers

    What characteristic is NOT typical of ethical leaders?

    <p>Using rewards to manipulate behaviors</p> Signup and view all the answers

    What does Principle 7 of the UN Global Compact emphasize?

    <p>Business should support a precautionary approach to environmental challenges.</p> Signup and view all the answers

    Which principle encourages the development and diffusion of environmentally friendly technologies?

    <p>Principle 9</p> Signup and view all the answers

    What is the role of a code of ethics in an organization?

    <p>To serve as a formal statement of primary values and expected ethical behavior.</p> Signup and view all the answers

    Which of the following is NOT part of Cluster 1 in the Codes of Ethics?

    <p>Conduct business in compliance with all laws.</p> Signup and view all the answers

    What is the primary focus of Principle 10 of the UN Global Compact?

    <p>Working against corruption in all its forms.</p> Signup and view all the answers

    Which statement best describes values-based management?

    <p>Values guide employees in how they perform their jobs.</p> Signup and view all the answers

    What is a key aspect of the second cluster in the Codes of Ethics?

    <p>Avoiding unlawful or improper activities that could harm the organization.</p> Signup and view all the answers

    Which of the following is NOT typically included in Codes of Ethics?

    <p>Guidelines for unethical financial practices.</p> Signup and view all the answers

    Study Notes

    Social Obligation & Responsibility

    • Social obligation: A firm acts based on its economic and legal obligations.
    • Classical View: The sole responsibility of management is maximizing profits.
    • Socioeconomic view: Firms should act based on economic and legal responsibilities.
    • Social responsiveness: Firms should engage in social actions that address societal concerns.
    • Social responsibility: Firms act in ways that benefit society beyond their legal and economic obligations.

    Green Management & Sustainability

    • Green management: Businesses consider their environmental impact.
    • Green approaches:
      • Legal (light green): Follows basic environmental regulations.
      • Market approach: Responds to customer demand for environmentally friendly products.
      • Stakeholder approach: Considers the needs of all stakeholders, including the environment.
      • Activist (dark green): Goes beyond legal requirements to actively promote environmental initiatives.

    Ethics & Ethical Behaviour

    • Ethics: Principles, values, and beliefs that guide what's right and wrong.
    • Factors influencing ethical/unethical behaviour:
      • Stages of moral development (preconventional, conventional, principled)
      • Individual characteristics (personal values, ego strength, locus of control)
      • Structural variables (organizational design, goals, performance appraisal systems, reward systems)
      • Organizational Culture
      • Issue intensity (impact, consensus, probability, immediacy, proximity, concentration)

    Encouraging Ethical Behaviour

    • Employee Selection: Organizations can hire individuals who share the values and ethical code.
    • Codes of Ethics: Formal documents that outline an organization's values and ethical rules for employees.
    • Job Goals & Performance Appraisal: Realistic goals are crucial as unrealistic goals can lead to unethical shortcuts.
    • Ethics Training: Workshops and seminars that encourage ethical behavior.
    • Independent Social Audits: Third-party assessments to evaluate the firm's ethics and social responsibility practices.

    Ethical Leadership

    • Managers play a significant role in shaping ethical behaviour within a firm.
    • Ethical leaders demonstrate honesty, transparency, accountability, and communicate shared values to employees.
    • Whistle-blower protection: Organizations should create safe environments for reporting ethical concerns.

    Social Entrepreneurship & Social Change

    • Social entrepreneurs seek innovative solutions to social problems.
    • Corporate philanthropy: Businesses contribute to social good through charitable donations.
    • Employee Volunteering: Businesses encourage employees to contribute their time and skills to social causes.

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    Related Documents

    Chapter 6: Managing Social Responsibility And Ethics PDF

    Description

    This quiz explores key concepts in business ethics, social responsibility, and sustainable practices. It covers various views on corporate responsibility and approaches to green management. Test your knowledge of how businesses can responsibly engage with society and the environment.

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