Podcast
Questions and Answers
What is the primary goal of the profit maximization approach to ethics?
What is the primary goal of the profit maximization approach to ethics?
- To promote social responsibility
- To maximize shareholder value (correct)
- To ensure the well-being of all stakeholders
- To protect the moral rights of individuals
Which approach to ethics prioritizes the well-being of all stakeholders?
Which approach to ethics prioritizes the well-being of all stakeholders?
- Utilitarian approach (correct)
- Profit maximization approach
- Corporate social responsibility
- Moral rights model
What is the moral rights model primarily concerned with?
What is the moral rights model primarily concerned with?
- Respecting the moral rights of individuals (correct)
- Promoting social responsibility
- Maximizing profits
- Protecting shareholder interests
Why is corporate social responsibility important for organizational sustainability?
Why is corporate social responsibility important for organizational sustainability?
What is the primary role of stakeholders in corporate social responsibility?
What is the primary role of stakeholders in corporate social responsibility?
How can an organization improve its ethical conduct in the workplace?
How can an organization improve its ethical conduct in the workplace?
What is the primary consideration of the moral rights model?
What is the primary consideration of the moral rights model?
What is the primary goal of corporate citizenship?
What is the primary goal of corporate citizenship?
What is the main goal of profit maximization?
What is the main goal of profit maximization?
What is the primary focus of corporate social responsibility (CSR)?
What is the primary focus of corporate social responsibility (CSR)?
What is the main criterion for evaluating corporate social performance (CSP) in terms of employment?
What is the main criterion for evaluating corporate social performance (CSP) in terms of employment?
What is the primary focus of organisations that prioritise profit maximisation without considering social effects?
What is the primary focus of organisations that prioritise profit maximisation without considering social effects?
What is the benefit of aligning with society's expectations in terms of corporate social responsibility?
What is the benefit of aligning with society's expectations in terms of corporate social responsibility?
What is the approach of managers who accept the utilitarian model and believe that doing what is right is beneficial for the organisation?
What is the approach of managers who accept the utilitarian model and believe that doing what is right is beneficial for the organisation?
What is the primary concern of employees in organisations?
What is the primary concern of employees in organisations?
What is the role of organisations in corporate social investment programmes?
What is the role of organisations in corporate social investment programmes?
What is the focus of ethical organisations?
What is the focus of ethical organisations?
What is the primary concern of stakeholders in organisations?
What is the primary concern of stakeholders in organisations?
