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Social Responsibility and Business Ethics

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Social Responsibility and Business Ethics

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Questions and Answers

What is the primary reason for considering the factors mentioned in the text when deciding whether to accept a gift?

To make a moral decision about the gift (correct)

To avoid conflicts of interest

To maintain a professional relationship

To ensure that the gift is not too expensive

Which of the following factors is most relevant to determining whether a gift is acceptable in a superior-subordinate relationship?

Industry accepted practice

Power to bestow favors in return for gifts (correct)

Gift purpose

Gift value

What is the main purpose of considering the circumstance when the gift is given?

To establish a business relationship

To avoid feeling obligated to reciprocate (correct)

To evaluate the giver's intentions

To determine the gift's value

Which of the following is NOT a factor to consider when deciding whether to accept a gift?

Personal relationship with the giver Signup and view all the answers

What is the primary role of organizational policy in relation to gift acceptance?

To provide words but no guidance Signup and view all the answers

Why is it often easier to accept a gift without feeling obligated when the gift is given in a particular circumstance?

Because the gift is given without expectation of reciprocity Signup and view all the answers

Which of the following is a consequence of abuse of power in relation to gift acceptance?

Preferential treatment in favor of the donor Signup and view all the answers

What is the primary purpose of laws regulating gift giving and receiving?

To guide public officials and those working with them Signup and view all the answers

Which of the following factors is most relevant to determining whether a gift is acceptable in a particular industry?

Industry accepted practice Signup and view all the answers

What is the main purpose of distinguishing between gifts and entertainment?

To draw a clear distinction between the two Signup and view all the answers