Chapter 5 (Managing Social Responsibility And Ethics)
9 Questions
| Total Attempts: 262
Principles of Management
Questions and Answers
- 1.When a firm engages in social actions because of its obligation to meet certain economic and legal responsibilities.
- 2.The view that management’s only social responsibility is to maximize profits
- 3.When a firm engages in social actions in response to some popular social need.
- 4.A business’s intention, beyond its legal and economic obligations to do the right things and act in ways that are good for society.
- 5.Applying social criteria (screens) to investment decisions.
- 6.Managers consider the impact of their organization on the natural environment.
- 7.Principles, values and beliefs that define what is right and wrong behavior
- 8.Stages of Moral development
- A.
Preconventional
- B.
Conventional
- C.
Principled
- 9.A personality attribute that measures the degree to which people believe they control their own fate.
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