Social Resposibility QZ

Quiz Chapter 5 Social Responsibility and Managerial
Ethics - Attempt 1
Question 1
Marks: 1/1
The belief that a firm's pursuit of social goals would give them too much power is known as
what argument in opposition to a firm being socially responsible?
Choose one answer.
a. costs
b. lack of broad public support
c. lack of skills
d. too much power
Correct
Marks for this submission: 1/1.
Question 2
Marks: 1/1
________ provides a way for individual investors to support socially responsible companies.
Choose one answer.
a. NASDAQ
b. A socially responsible mutual stock fund
c. Going green
d. A bond
Correct
Question 3
Marks: 1/1
Which of the following approaches toward environmental issues exhibits the highest degree
of environmental sensitivity and is a good illustration of social responsibility?
Choose one answer.
a. legal approach
b. stakeholder approach
c. market approach
d. activist approach
Correct
Question 4
Marks: 1/1
Employee relations, philanthropy, pricing, resource conservation, product quality and safety,
and doing business in countries that violate human rights are some obvious examples of
________.
Choose one answer.
a. decisions that managers face that have a social responsibility dimension
b. social responsibility issues that employees must confront while at work
c. areas of social responsibility that influence managers, not employees

d. social responsibility ethics that managers must decide on a daily basis
Correct
Question 5
Marks: 1/1
Applying social criteria to an investment decision refers to ________.
Choose one answer.
a. social responsiveness
b. social screening
c. social responsibility
d. socioeconomic view
Correct
Question 6
Marks: 1/1
Values shared among the organizational members can serve as ________.
Choose one answer.
a. a way to shape managerial decisions to invest in economic conditions
b. a guidepost for managerial decisions and actions
c. a reason to follow federal and state environmental laws
d. a guidepost for managerial decisions to invest in new technology
Correct
Question 7
Marks: 1/1
According to the classical view, corporate managers should ________.
Choose one answer.
a. represent society whenever possible
b. emphasize charitable donations
c. maximize value to stockholders
d. maximize value to shareholders
Correct
Question 8
Marks: 1/1
________ is an approach to managing in which managers establish, promote, and practice
what an organization stands for and believes in.
Choose one answer.
a. Ethical marketing
b. Belief management
c. Cause-related marketing
d. Values-based management
Correct
Question 9
Marks: 1/1
The belief that the costs of social activity are passed on as higher prices to consumers is
known as which argument against a firm being socially responsible?
Choose one answer.
a. lack of skills
b. violation of profit maximization
c. costs
d. dilution of purpose
Correct
Question 10
Marks: 1/1
Which of the following is associated with the classical view of social responsibility?
Choose one answer.
a. economist Robert Reich
b. stockholder financial return
c. voluntary activities
d. concern for social welfare
Correct
Question 11
Marks: 1/1
Under the concept of social obligation, the organization ________.
Choose one answer.
a. fulfills its obligation to the law and its stakeholders
b. does what it can to meet the law, and a little bit more for stakeholders
c. does the minimum required by law
d. fulfills its obligation to the stakeholders, which makes it fulfill the law, too
Correct
Question 12
Marks: 1/1
With the stakeholder approach of dealing with environmental issues, the organization chooses
to respond to ________.
Choose one answer.
a. the demands made by the strongest stakeholders
b. multiple demands made by stakeholders
c. the demands made by governmental stakeholders
d. multiple demands made by social activists
Correct

Question 13
Marks: 0.9/1
The recognition of the close link between an organization's decisions and activities and its
impact on the natural environment is referred to as ________.
Choose one answer.
b. corporate social responsibility
c. shared corporate values
d. the greening of management
Correct
Marks for this submission: 1/1. With previous penalties this gives 0.9/1.
Question 14
Marks: 1/1
Reasoning at the ________ level of moral development indicates that moral values reside in
maintaining the conventional order and the expectations of others.
Choose one answer.
a. preconventional
b. conventional
c. arrival
d. principled
Correct
Question 15
Marks: 1/1
Which of the following is true concerning the impact of organizational culture on ethical
behavior?
Choose one answer.
a. Conflict tolerance is related to unethical behavior.
b. A strong culture will support high ethical standards.
c. A culture that is high in control tends to encourage unethical behavior.
d. Low conflict tolerance leads to ethical behavior.
Correct
Question 16
Marks: 1/1
A leading proponent of the classical view argues that anytime managers decide on their own
to spend their organization's resources for the "social good," they are ________.
Choose one answer.
a. helping make society a better place for everyone to live
b. adding to the costs of doing business
c. contributing social benefits in the name of goodwill
d. following governmental regulations
Correct
Question 17
Marks: 1/1
The belief that businesses are being socially responsible when they attend only to economic
interests is known as which argument against a firm being socially responsible?
Choose one answer.
a. dilution of purpose
b. too much power
c. costs
d. violation of profit maximization
Correct
Question 18
Marks: 1/1
Which of the following is a basic definition of ethics?
Choose one answer.
a. rules for acknowledging the spirit of the law
b. principles for legal and moral development
c. moral guidelines for behavior
d. rules or principles that define right and wrong conduct
Correct
Question 19
Marks: 1/1
________ is a personality attribute that measures the degree to which people believe they
control their own fate.
Choose one answer.
a. Locus of control
b. Social responsibility
c. Ego strength
d. Social obligation
Correct
Question 20
Marks: 1/1
When a firm advertises that it only uses recycled paper products, it is ________.
Choose one answer.
a. paying attention to the bottom line
b. meeting its social obligation
c. being socially responsive
d. meeting social responsibilities
Correct

Question 21
Marks: 1/1
An organization's values reflect ________.
Choose one answer.
a. what it stands for and what it believes in
b. management
c. the board of directors' values
d. their profit goals
Correct
Question 22
Marks: 1/1
Individuals and groups affected by an organization's actions are ________.
Choose one answer.
a. interested parties
b. stockholders
c. consumers
d. beneficiaries
Correct
Question 23
Marks: 1/1
Which of the following is not an approach organizations can take with respect to
environmental issues?
Choose one answer.
a. responsibility
b. stakeholder
c. legal
d. market
Correct
Question 24
Marks: 1/1
One should be cautious in the interpretation, but a summary of more than a dozen studies
analyzing the relationship between organizational social responsibility and economic
performance provides what conclusion?
Choose one answer.
a. Corporate social involvement tends to devalue stock prices in the long run.
b. Being socially responsible causes good economic performance.
c. There is a positive relationship between corporate social involvement and economic
performance.
d. Good economic performance allows firms to be socially responsible.
Correct

Question 25
Marks: 1/1
The socioeconomic view is that management's social responsibility goes beyond making
profits to include ________.
Choose one answer.
a. minimizing the welfare of society in exchange for profits
b. protecting and improving the organization's profits
c. placing members of society on welfare
d. protecting and improving society's welfare
Correct
Question 26
Marks: 1/1
The aspect that differentiates social responsibility from other similar concepts is that it
________.
Choose one answer.
a. considers social norms
b. adds an ethical imperative
c. adds a legal imperative
d. adds a moral imperative
Correct
Question 27
Marks: 1/1
In the United States, a company that meets federal pollution control standards and does not
discriminate in hiring, promotion, and pay ________.
Choose one answer.
a. is not even meeting its social obligation, though there are laws in some of these areas
of social responsibility
b. is meeting its social obligation and more because it is trying to be a good citizen
c. is meeting its social obligation and nothing more because laws mandate these actions
d. is meeting its social responsiveness and nothing more because society demands these
actions
Correct
Question 28
Marks: 0.7/1
A personality measure of a person's convictions is ________.
Choose one answer.
a. ego strength
b. social desirability
c. moral development
d. locus of control
Correct
Question 29
Marks: 1/1
Issue intensity, as an issue that affects ethical behavior, is described as ________.
Choose one answer.
a. the organizational structure
b. the level of control and influence one has over the event
c. the cultural strength of the organization
d. the characteristics of the ethical issue itself
Correct
Question 30
Marks: 1/1
________ is defined as a business firm's obligation, beyond that required by law and
economics, to pursue long-term goals that are good for society.
Choose one answer.
a. Social obligation
b. Values-based management
c. Social screening
d. Social responsibility
Correct
Question 31
Marks: 0.9/1
The most outspoken advocate of the classical view of social responsibility is economist and
Nobel laureate, ________.
Choose one answer.
a. Milton Freeman
b. Carnegie Milton
c. Charles Darwin
d. Milton Friedman
Correct
Question 32
Marks: 1/1
Social responsiveness refers to the capacity of a firm to adapt to changing ________.
Choose one answer.
a. societal conditions
b. organizational managers
c. societal leaders
d. organizational conditions
Correct
Question 33
Marks: 1/1
There is ________ to say that a company's socially responsible actions significantly hurt its
long-term economic performance.
Choose one answer.
a. little evidence
b. a lot of evidence
c. mounting evidence
d. not any evidence
Correct
Question 34
Marks: 1/1
The classical view of social responsibility holds that management's only social responsibility
is to ________.
Choose one answer.
a. maximize organizational profits for stockholders
b. maximize organizational profits for stakeholders
c. minimize adherence to the laws for stockholders
d. maximize adherence to the laws for stockholders
Correct
Quiz Chapter 5 Social Responsibility and Managerial

Ethics - Attempt 1
Question 1
Marks: 1/1
The belief that a firm's pursuit of social goals would give them too much power is known as
what argument in opposition to a firm being socially responsible?
Choose one answer.
a. costs
b. lack of broad public support
c. lack of skills
d. too much power
Correct
Question 2
Marks: 1/1
________ provides a way for individual investors to support socially responsible companies.
Choose one answer.
a. NASDAQ
b. A socially responsible mutual stock fund
c. Going green
d. A bond
Correct
Question 3
Marks: 1/1
Which of the following approaches toward environmental issues exhibits the highest degree
of environmental sensitivity and is a good illustration of social responsibility?
Choose one answer.
a. legal approach
b. stakeholder approach
c. market approach
d. activist approach
Correct
Question 4
Marks: 1/1
Employee relations, philanthropy, pricing, resource conservation, product quality and safety,
and doing business in countries that violate human rights are some obvious examples of
________.
Choose one answer.
a. decisions that managers face that have a social responsibility dimension
b. social responsibility issues that employees must confront while at work
c. areas of social responsibility that influence managers, not employees
d. social responsibility ethics that managers must decide on a daily basis
Correct
Question 5
Marks: 1/1
Applying social criteria to an investment decision refers to ________.
Choose one answer.
b. social screening
c. social responsibility
d. socioeconomic view
Correct
Question 6
Marks: 1/1
Values shared among the organizational members can serve as ________.
Choose one answer.
a. a way to shape managerial decisions to invest in economic conditions

b. a guidepost for managerial decisions and actions
c. a reason to follow federal and state environmental laws
d. a guidepost for managerial decisions to invest in new technology
Correct
Question 7
Marks: 1/1
According to the classical view, corporate managers should ________.
Choose one answer.
a. represent society whenever possible
b. emphasize charitable donations
c. maximize value to stockholders
d. maximize value to shareholders
Correct
Question 8
Marks: 1/1
________ is an approach to managing in which managers establish, promote, and practice
what an organization stands for and believes in.
Choose one answer.
a. Ethical marketing
b. Belief management
c. Cause-related marketing
d. Values-based management
Correct
Question 9
Marks: 1/1
The belief that the costs of social activity are passed on as higher prices to consumers is
known as which argument against a firm being socially responsible?
Choose one answer.
a. lack of skills
b. violation of profit maximization
c. costs
d. dilution of purpose
Correct
Question 10
Marks: 1/1
Which of the following is associated with the classical view of social responsibility?
Choose one answer.
a. economist Robert Reich
b. stockholder financial return

c. voluntary activities
d. concern for social welfare
Correct
Question 11
Marks: 1/1
Under the concept of social obligation, the organization ________.
Choose one answer.
a. fulfills its obligation to the law and its stakeholders
b. does what it can to meet the law, and a little bit more for stakeholders
c. does the minimum required by law
d. fulfills its obligation to the stakeholders, which makes it fulfill the law, too
Correct
Question 12
Marks: 1/1
With the stakeholder approach of dealing with environmental issues, the organization chooses
to respond to ________.
Choose one answer.
a. the demands made by the strongest stakeholders
b. multiple demands made by stakeholders
c. the demands made by governmental stakeholders
d. multiple demands made by social activists
Correct
Question 13
Marks: 0.9/1
The recognition of the close link between an organization's decisions and activities and its
impact on the natural environment is referred to as ________.
Choose one answer.
b. corporate social responsibility
c. shared corporate values
d. the greening of management
Correct
Question 14
Marks: 1/1
Reasoning at the ________ level of moral development indicates that moral values reside in
maintaining the conventional order and the expectations of others.
Choose one answer.
a. preconventional
b. conventional
c. arrival
d. principled
Correct
Question 15
Marks: 1/1
Which of the following is true concerning the impact of organizational culture on ethical
behavior?
Choose one answer.
a. Conflict tolerance is related to unethical behavior.
b. A strong culture will support high ethical standards.
c. A culture that is high in control tends to encourage unethical behavior.
d. Low conflict tolerance leads to ethical behavior.
Correct
Question 16
Marks: 1/1
A leading proponent of the classical view argues that anytime managers decide on their own
to spend their organization's resources for the "social good," they are ________.
Choose one answer.
a. helping make society a better place for everyone to live
b. adding to the costs of doing business
c. contributing social benefits in the name of goodwill
d. following governmental regulations
Correct
Question 17
Marks: 1/1
The belief that businesses are being socially responsible when they attend only to economic
interests is known as which argument against a firm being socially responsible?
Choose one answer.
a. dilution of purpose
b. too much power
c. costs
d. violation of profit maximization
Correct
Question 18
Marks: 1/1
Which of the following is a basic definition of ethics?
Choose one answer.
a. rules for acknowledging the spirit of the law
b. principles for legal and moral development

c. moral guidelines for behavior
d. rules or principles that define right and wrong conduct
Correct
Question 19
Marks: 1/1
________ is a personality attribute that measures the degree to which people believe they
control their own fate.
Choose one answer.
a. Locus of control
b. Social responsibility
c. Ego strength
d. Social obligation
Correct
Question 20
Marks: 1/1
When a firm advertises that it only uses recycled paper products, it is ________.
Choose one answer.
a. paying attention to the bottom line
b. meeting its social obligation
c. being socially responsive
d. meeting social responsibilities
Correct
Question 21
Marks: 1/1
An organization's values reflect ________.
Choose one answer.
a. what it stands for and what it believes in
b. management
c. the board of directors' values
d. their profit goals
Correct
Question 22
Marks: 1/1
Individuals and groups affected by an organization's actions are ________.
Choose one answer.
a. interested parties
b. stockholders
c. consumers
d. beneficiaries
Correct
Question 23
Marks: 1/1
Which of the following is not an approach organizations can take with respect to
environmental issues?
Choose one answer.
a. responsibility
b. stakeholder
c. legal
d. market
Correct
Question 24
Marks: 1/1
One should be cautious in the interpretation, but a summary of more than a dozen studies
analyzing the relationship between organizational social responsibility and economic
performance provides what conclusion?
Choose one answer.
a. Corporate social involvement tends to devalue stock prices in the long run.
b. Being socially responsible causes good economic performance.
c. There is a positive relationship between corporate social involvement and economic
performance.
d. Good economic performance allows firms to be socially responsible.
Correct
Question 25
Marks: 1/1
The socioeconomic view is that management's social responsibility goes beyond making
profits to include ________.
Choose one answer.
a. minimizing the welfare of society in exchange for profits
b. protecting and improving the organization's profits
c. placing members of society on welfare
d. protecting and improving society's welfare
Correct
Question 26
Marks: 1/1
The aspect that differentiates social responsibility from other similar concepts is that it
________.
Choose one answer.
a. considers social norms
b. adds an ethical imperative

c. adds a legal imperative
d. adds a moral imperative
Correct
Question 27
Marks: 1/1
In the United States, a company that meets federal pollution control standards and does not
discriminate in hiring, promotion, and pay ________.
Choose one answer.
a. is not even meeting its social obligation, though there are laws in some of these areas
of social responsibility
b. is meeting its social obligation and more because it is trying to be a good citizen
c. is meeting its social obligation and nothing more because laws mandate these actions
d. is meeting its social responsiveness and nothing more because society demands these
actions
Correct
Question 28
Marks: 0.7/1
A personality measure of a person's convictions is ________.
Choose one answer.
a. ego strength
b. social desirability
c. moral development
d. locus of control
Correct
Question 29
Marks: 1/1
Issue intensity, as an issue that affects ethical behavior, is described as ________.
Choose one answer.
a. the organizational structure
b. the level of control and influence one has over the event
c. the cultural strength of the organization
d. the characteristics of the ethical issue itself
Correct
Question 30
Marks: 1/1
________ is defined as a business firm's obligation, beyond that required by law and
economics, to pursue long-term goals that are good for society.
Choose one answer.
a. Social obligation
b. Values-based management
c. Social screening
d. Social responsibility
Correct
Question 31
Marks: 0.9/1
The most outspoken advocate of the classical view of social responsibility is economist and
Nobel laureate, ________.
Choose one answer.
a. Milton Freeman
b. Carnegie Milton
c. Charles Darwin
d. Milton Friedman
Correct
Question 32
Marks: 1/1
Social responsiveness refers to the capacity of a firm to adapt to changing ________.
Choose one answer.
a. societal conditions
b. organizational managers
c. societal leaders
d. organizational conditions
Correct
Question 33
Marks: 1/1
There is ________ to say that a company's socially responsible actions significantly hurt its
long-term economic performance.
Choose one answer.
a. little evidence
b. a lot of evidence
c. mounting evidence
d. not any evidence
Correct
Question 34
Marks: 1/1
The classical view of social responsibility holds that management's only social responsibility
is to ________.
Choose one answer.
a. maximize organizational profits for stockholders

b. maximize organizational profits for stakeholders
c. minimize adherence to the laws for stockholders
d. maximize adherence to the laws for stockholders
Correct

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Quiz Chapter 5 Social Responsibility and Managerial

c. areas of social responsibility that influence managers, not employees

Marks for this submission: 1/1.

Marks for this submission: 1/1.

Marks for this submission: 1/1.

Quiz Chapter 5 Social Responsibility and Managerial

a. a way to shape managerial decisions to invest in economic conditions

b. stockholder financial return

b. principles for legal and moral development

b. adds an ethical imperative

a. maximize organizational profits for stockholders

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