Question 3 2pts ‘The minimum standard of ethical behavior can be thought of as (© avotaing punisnment. © adhering tothe law. (© otowing ne Golden Rute (© wing aecorcing to reigious principles. Question 4 2pts Inthe fong run, those who do not use power in @ manner which society considers responsible will tend to lose iis the description of © The fron Law of Responsibly, (© The Peter Principle (© The tron Law of Ongarehy, (© The tron Cage of Rationality * Question 5 2pts Personal iabilty for 2 corporate board member means that directors have a legal obigation to pay all debis ofthe corporation. © avectors may be sued for neeseh oF hauciary duly (© directors nave a personal responsibilty to tne shareholders, © directors have a legal obigation to pay all debis ofthe corporation ihe company cannotQuestion 6 2pts CEOs such as Bil Gates of Microsoft or Carly Fionn at Hewlett-Packard hold which level of power? © inawvioua © macro O micro 0 inlermesiate Question 7 2pts ‘The mast basic moral question invalved in stem cell research is (© uo wi benefit from the research (© uo "owns" tne embryo, (© me use to wnicn tne resuts of ne research wil be apples. © unat consttutes numan te. Question 8 2pts ‘One of the main issues related to genetically modified foods (CMF) is (© whether the ving organism can be patented. (© whetner tne federal government wil provige researeh funding (© the abity o export and mport GNF, {abeting requirementsQuestion 9 2pts ‘A contract in which a corporation agrees to make payments to key officers inthe event of @ change inthe control of the corporation is called @ a golden parachute © greenman © the siver rule. (© goiten nanacurts Question 10 2pts Ethical lag is @ situation in which (© computer programs are net developed with an ets loop. @ the speed of technological change far exceed that of ethical development. (© scientists nave not been sehooted in moral phiosopty. (© teennology takes the piace of etrical deliberation. Question 11 2pts (Compensation recovery mechanisms that enable @ company to recoup compensation funds is called © golden parachutes. 0 isk arbivage, (© prowy process. © clauback provisions.Question 12 2pts For sustainable development to become a realty, which approach offers the best opportunity for this to happen? (© snatenotser © Stakenoiaer (© Organizational (© Socioeconomic Question 13 2pts ‘The perceived vaidity or appropriateness of a stakeholder's claim is referred to 25. © power © coereton © urgency, @ legitimacy Question 14 2pts ‘The __ is @ result ofthe growing numbers of individuals and groups who see themselves as having been victimized by society. (© Rights Movement (© Revoution of Rising Expectations © Enfitement Mentality © Victimization phtasopayQuestion 15, 2pts ‘The overall management pracess that strves to identfy corporate purpose and to postion a fm relative tots market ‘erwironmentis © corporate pubic atairs (© social perfomance report © collaborative / problem-soving srateay © siraiegic management Question 16 2pts ‘The issues management process contains two basic functions, © leadership and folowership. planning and implementation (© planning ana controting © ‘dentiication and resoiution Question 17 pts. ‘The key operating question of amoral management is (© with action be far to al stakenoers? (© cane make money win this action, regaraiess of wnat takes? © cane make money wih this action? (© what effects wil this acto have on our stakeholders?Question 18 2pts ‘A systematic atternpt to identify, measure, manor, and evaluate @ firms performance wth respect tos social ‘efforts, goals, ane programs is a(n) (© Tile Bottom Line audi © environmental avait © social avait (© social impact statement Question 19 2pts refers to a quality, charactenstics, or sate in which actules, processes, practices, and decisions in Companies becorne open or visible tothe outside world (© Opacity (© Ubitanansm © Corporate Transparency (© Deontoiogical Question 20 2pts ‘The primary purpose of the Sarbanes-Onley Acts to © prove peter protection for investors mn pubis companies By mMproving me Nnancial repartng of ose companies, (© restet the now of corporate money into pote. (© provide rues regulating he relationship between CEOs ane boarcs.| (© imit the power of comporate boards.Question 21 2pts Decisions about ethical stuations often present a(n) (© unresowabie protiem, © legal problem. © confit of interest. (© manetal aiemma Question 22 2pts ‘The most dramatic growin importance of issues has been in_ issues. © mnanetat © social, etncal, and pottcal © matary © practeal Question 23 2pts [A stakeholders abilty or capacity to produce an effect within the firm is called ts © coercion, ® power © legitimacy. © urgency,Question 24 2pts The recommended sirategy for nonsuppotive stakeholders is to (© collaborate with tem © cetena against tem (© monitor them, (© involve them, Question 25 2pts ‘Stakeholders that are perceived to have high levels of power, legitimacy, and urgency are referred to as © enniave staxenoisers. (© dormant stakeholders, (© demancing stakenoicers © aseretonary stakenolcers, ‘Question 26 10 pts Discuss the benefts and problems associated with labeling genetically modified foods (GMS). Avy B-LE=3 3B Bx % mT & ¥ BOM Mh Fontsues + Paragrapn Realistically the European Commission found that GMs do net create an elevated health nskin consumers, * thus supporting opponents of mandatory labeling, since producers should nol have to label a produc! that Isn'tharmul. In feu of mandatory labeling requirements, many farmers, producers, and retalers are now‘Question 27 10 pts. (One of the arguments against corporate social responsibilty fs that by requiring more of US. corporations they may bbe putat a disadvantage relatve to foreign competitors. Evaluate this argument, BY YarW@-LEEZ BBX * E Ey 2a x TB ¥ BOM MW Fontsies + Paragraph Secondly. OSB concepts are being implemented word, so if here isa loss of competitiveness to be had all partcipaing nations wil experience i logetner - not the US alone P Question 28 10pts In Carros four-part definition of corporate social responsiblity, he includes philanthropic responsibilties, yet he ‘desenbes these as voluntary or discretionary. Explain this seeming contrast between a responsibilty and a voluntary activity Bs U A+ AYE By " 2 9 2 T & ¥ BOM | Fonisies © {donating 2 teed, annual sum to chanty was acceptable for US businesses. Over time, nowever, consumers have come to exaect companies to be actively engaged in philanthropy. thus raising the level of “responsibiliy” across the board. tf aso important fo note thal Caroll later upgraded his mode! to one of corporate social performance, which mace accurately eects the above notions. U P Question 29 10 pts Describe what is meant by buffering and brigging BI UAvA LES 3 BEY & By" Boe ce T ® vo MOM Sh Fomsues + Pagan ~ Burtecng anc bxaging are wo techniques ypcaly employed by remaxkaby cereal organizations. BuTerng [> Isa corporate atta face aed at insulating (or bunting) the Trm from the social ane paitical atmosphere surrounding while Gridging is employed todo the exact opposite - connecting the organization to social anc poltca forces. Lastly, bridging is commoniy embraced by firms with a stakeholder approach Z pQuestion 30 10 pts Describe some of the major dilferences between issues management and crisis management. By YarW-LEE B 2 2 T @ vy HOM % Fontsees ~ Paragran of erises include plane crashes, industrial accigents, and/or te production and distiauton of unsafe food or other consumapves. One of the goals of ensis management cals forthe company to fear Row to avoid similar situations from emerging inte future, accompanied by the development of moroved responses for instances when they are inevitable x, =x P