What Is Archie Carol Contends That The Primary Goal Of Business
CHAPTER THREE
ETHICS AND SOCIAL RESPONSIBILITY IN STRATEGIC MANAGEMENT
True/False
1. The theory of vital responsibility proposes that a private corporation has responsibilities to society that extend beyond making a profit.
Answer: F (p.56)
2. Friedman referred to the social responsibility of business as a “fundamentally subversive doctrine.”
Answer: T (p.57)
3. Archie Carrol contends that the primary goal of business is profit maximization.
Answer: F (p.57)
4. Archie Carroll proposes that managers in companies have only a discretionary responsibility.
Answer: F (p.57)
5. Legal responsibilities are defined by governments in laws that management is expected to obey.
Answer: F (p.57) …show more content…
Relationship-based countries tend to be more transparent and have a lower degree of corruption than do rule-based countries.
Answer: F (p.64)
19. Cultural relativism states that morality is relative to some personal, social, and cultural standard.
Answer: F (p.65)
20. Kohlberg’s preconventional level is characterized by a person’s adherence to an internal moral code.
Answer: F (p.65)
21. Moral relativism could enable a person to justify almost any sort of decision or action, so long as it is not declared illegal.
Answer: T (p.65)
22. According to Kohlberg’s levels of moral development, the conventional level is characterized by considerations of society’s laws and norms.
Answer: T (p.65)
23. Kohlberg places 80 percent of U.S. adults in the principled level of development.
Answer: F (p.66) 24. A code of ethics denotes how employees should behave on the job.
Answer: T (p.66)
25. Research indicates that when faced with a question of ethics, managers tend to ignore codes of ethics and try to solve their dilemma on their own.
Answer: T (p.66)
26. Law refers to formal codes that permit or forbid certain behaviors and may or may not enforce ethics or …show more content…
The concept that proposes corporations have responsibilities to society that extend beyond making a profit is known as
a. flexible responsibility.
b. social responsibility.
c. social flexibility.
d. managerial responsibility.
e. Profit maximization
b. (p.56)
31. Which one of the following is NOT one of the arguments against social responsibility as used by economist Milton Friedman?
a. Spending money for social responsibility is spending the stockholder's money for a general social interest. b. Businesses can actually do very little in terms of social responsibility. c. Spending money on social responsibility is acting from motives other than economic and may, in the long run, cause harm to the very society the firm is trying to help. d. There is one and only one social responsibility of business to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game. e. Through taking on the burden of social costs, the organization becomes less efficient, causing price increases or postponement of growth.
b.
ETHICS AND SOCIAL RESPONSIBILITY IN STRATEGIC MANAGEMENT
True/False
1. The theory of vital responsibility proposes that a private corporation has responsibilities to society that extend beyond making a profit.
Answer: F (p.56)
2. Friedman referred to the social responsibility of business as a “fundamentally subversive doctrine.”
Answer: T (p.57)
3. Archie Carrol contends that the primary goal of business is profit maximization.
Answer: F (p.57)
4. Archie Carroll proposes that managers in companies have only a discretionary responsibility.
Answer: F (p.57)
5. Legal responsibilities are defined by governments in laws that management is expected to obey.
Answer: F (p.57) …show more content…
Relationship-based countries tend to be more transparent and have a lower degree of corruption than do rule-based countries.
Answer: F (p.64)
19. Cultural relativism states that morality is relative to some personal, social, and cultural standard.
Answer: F (p.65)
20. Kohlberg’s preconventional level is characterized by a person’s adherence to an internal moral code.
Answer: F (p.65)
21. Moral relativism could enable a person to justify almost any sort of decision or action, so long as it is not declared illegal.
Answer: T (p.65)
22. According to Kohlberg’s levels of moral development, the conventional level is characterized by considerations of society’s laws and norms.
Answer: T (p.65)
23. Kohlberg places 80 percent of U.S. adults in the principled level of development.
Answer: F (p.66) 24. A code of ethics denotes how employees should behave on the job.
Answer: T (p.66)
25. Research indicates that when faced with a question of ethics, managers tend to ignore codes of ethics and try to solve their dilemma on their own.
Answer: T (p.66)
26. Law refers to formal codes that permit or forbid certain behaviors and may or may not enforce ethics or …show more content…
The concept that proposes corporations have responsibilities to society that extend beyond making a profit is known as
a. flexible responsibility.
b. social responsibility.
c. social flexibility.
d. managerial responsibility.
e. Profit maximization
b. (p.56)
31. Which one of the following is NOT one of the arguments against social responsibility as used by economist Milton Friedman?
a. Spending money for social responsibility is spending the stockholder's money for a general social interest. b. Businesses can actually do very little in terms of social responsibility. c. Spending money on social responsibility is acting from motives other than economic and may, in the long run, cause harm to the very society the firm is trying to help. d. There is one and only one social responsibility of business to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the game. e. Through taking on the burden of social costs, the organization becomes less efficient, causing price increases or postponement of growth.
b.