Stakeholders in Business Organizations Theory
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Questions and Answers

What is the term used to describe the strongest action a company can choose to behave ethically in a given situation?

ethical maximum

What system limits greenhouse gas emissions by companies while allowing them to buy and sell pollution allowances?

cap and trade

In the context of business ethics, what is the term for the least a company might do to claim it holds an ethically positive position?

ethical minimum

What 2010 Supreme Court ruling favored unlimited spending by individuals and corporations on political campaigns?

<p>Citizens United</p> Signup and view all the answers

What concept refers to the long-term approach that aims to meet present needs without compromising the ability of future generations to meet their own needs?

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

What term describes the process of deciding which stakeholders to focus on and in what sequence?

<p>stakeholder prioritization</p> Signup and view all the answers

What is the legal doctrine that holds a corporation, separate from its owners, has some legal rights and responsibilities like natural persons?

<p>corporate personhood</p> Signup and view all the answers

What is the term for the amount of carbon dioxide and other carbon compounds released by the consumption of fossil fuels?

<p>carbon footprint</p> Signup and view all the answers

What legislation passed in 2002 mandates reporting transparency by businesses in areas ranging from finance to accounting?

<p>Sarbanes-Oxley</p> Signup and view all the answers

What is the term for a system where those who discharge carbon into the air pay a fee or tax?

<p>carbon tax</p> Signup and view all the answers

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