Select one: a. a firm's financial goals must be balanced against environmental considerations. b. a firm must place social considerations below tasks beneficial to its growth. c. a firm must not prioritize social goals at the expense of economic growth. d. a firm's sustenance is affected by overemphasis on environmental considerations.
a. a firm's financial goals must be balanced against environmental considerations.
According to David Vogel, which of the following should a firm be most cautious about when engaging in corporate social responsibility (CSR) activities?
Select one: a. Investing in corporate social responsibility (CSR) when consumers are not willing to pay higher prices to support that investment. b. Employees may become over-indulgent in activities related to social causes. c. Attrition levels may rise because of indifference among employees engaging in activities related to social responsibility. d. The easily measurable ethical payoff can turn out to be lower than the anticipated levels.
According to David Vogel, a firm should be most cautious about:
a. Investing corporate social responsibility (CSR) when consumers are not willing to pay higher prices to support that investment.
The Arthur Andersen auditors did not notice how low Enron had fallen in terms of its unethical decisions over a period of time. According to Bazerman and Chugh, this omission is an example of _____.
Select one: a. inattentional blindness b. descriptive ignorance c. change blindness d. normative myopia
a. inattentional blindness
Identify a true statement about the stakeholder theory.
Select one: a. It holds that a firm's financial goals must be balanced against, and perhaps even overridden by, environmental considerations. b. It argues that the narrow economic model fails both as an accurate descriptive and as a reasonable normative account of business management. c. It suggests that the long-term financial well-being of every firm is directly tied to questions of how the firm both affects and is affected by the natural environment. d. It suggests that firms should fully integrate economic and social goals by bringing social responsibilities into the core of their business model.
b. It argues that the narrow economic model fails both as an accurate descriptive and as a reasonable normative account of business management.
The Arthur Andersen auditors did not notice how low Enron had fallen in terms of its unethical decisions over a period of time. According to Bazerman and Chugh, this omission is an example of _____.
Select one: a. inattentional blindness b. descriptive ignorance c. change blindness d. normative myopia Incorrect
I apologize for the earlier mistake. The correct answer is d. normative myopia
The Arthur Andersen auditors did not notice how low Enron had fallen in terms of its unethical decisions over a period of time. According to Bazerman and Chugh, this omission is an example of _____.
Select one: a. inattentional blindness b. descriptive ignorance c. change blindness d. normative myopia
The correct answer is d. normative myopia
d is incorrect
I apologize for that mistake. The correct answer is a. inattentional blindness.
_____ are ethical rules that put values into action.
Select one: a. Morals b. Attitudes c. Virtues Incorrect d. Principles
d. Principles
The second step in the development of guiding principles for a firm is to:
Select one: a. ask oneself what one stands for or what the company stands for. Incorrect b. articulate a clear vision regarding the firm's direction. c. identify clear steps as to how the cultural shift will occur. d. believe that the culture is actually possible and achievable.
The second step in the development of guiding principles for a firm is:
b. articulate a clear vision regarding the firm's direction.