MGT 521 Week 6 Knowledge Check

The material presented below is not meant to be a comprehensive list of all you need to know in the content area. Rather it is a starting point for building your knowledge and skills. Additional study materials are recommended in each area below to help you master the material.

Personalized Study Guide Results:

Score: 13 / 13

Concepts Mastery Questions

Differences Between a Firm’s Social Obligation, Social Responsiveness, and Social Responsibility 100% • 1

• 2• 3

Green Approaches/Shades of Green Model 100% • 4

• 5• 6

Factors to Determine Ethical Behavior 100% • 7

• 8

• 9

• 10

Ways Managers can Encourage Ethical Behavior 100% • 11

• 12

• 13

Concept: Differences Between a Firm’s Social Obligation, Social Responsiveness, and Social Responsibility

Mastery : 100% Questions : • 1

• 2• 3

Materials on the concept:

• What Is Social Responsibility?

• From Obligations to Responsiveness to Responsibility

• Managing Social Responsibility and Ethics

1.

As a university student, your institution’s social principles and practices reflect on you, as a stakeholder, in the organization. Therefore, it is your right to question how these practices should be evaluated in relation to the social issues that your school is addressing. If your university was paying minimum wage when necessary and applying the minimum legal standards to its employees’ work environment, it would be said to have fulfilled its ________.

• A.

social obligation

• B.

social responsibility

• C.

social responsiveness

• D.

social expectation

2.

As a university student, your institution’s social principles and practices reflect on you, as a stakeholder, in the organization. Therefore, it is your right to question how these practices should be evaluated in relation to the social issues that the school is addressing. If your university provides job-share programs, builds a day-care facility, and only uses recycled paper, it could be said to be ________.

• A.

fulfilling its social obligation

• B.

socially aware

• C.

socially responsive

• D.

socially image conscious

3.

An organization with a ___________ perspective on social responsibility is focused on maximizing profits.

• A.

social responsibility

• B.

social screening

• C.

social profitability

• D.

social obligation

Concept: Green Approaches/Shades of Green Model

Mastery : 100% Questions : • 4

• 5• 6

Materials on the concept:

• What Is Social Responsibility?

• Should Organizations Be Socially Involved?

• Managing Social Responsibility and Ethics

• Green Management and Sustainability

• How Organizations Go Green

4.

The process of applying social and environmental criteria to an investment decision is known as ________.

• A.

green management

• B.

values-based management

• C.

community investing

• D.

social screening

5.

Managers who consider the impact of their organization on the natural environment are said to be practicing ________.

• A.

values-based management

• B.

ethics-based management

• C.

conventional management

• D.

green management

6.

In which of the following approaches of going green does the organization exhibit the least environmental sensitivity?

• A.

Light green approach

• B.

Deep green approach

• C.

Market approach

• D.

Stakeholder approach

Concept: Factors to Determine Ethical Behavior

Mastery : 100% Questions : • 7

• 8

• 9

• 10

Materials on the concept:

• Stage of Moral Development

• Factors That Determine Ethical and Unethical Behavior

• Managing Social Responsibility and Ethics

• Individual Characteristics

7.

At the ________ level of moral development, a person’s choice between right and wrong is based on personal consequences from outside sources.

• A.

preconventional

• B.

conventional

• C.

principled

• D.

elevated

8.

At the ________ level of moral development, ethical decisions rely on living up to the expectations of others.

• A.

principled

• B.

conventional

• C.

conscientious

• D.

preconventional

9.

In which of the following stages of moral development do individuals value the rights of others and uphold absolute values and rights, regardless of the majority’s opinion?

• A.

Preconventional stage

• B.

Conventional stage

• C.

Principled stage

• D.

Established stage

10.

________ represent basic convictions about what is right and wrong.

• A.

Dogmas

• B.

Values

• C.

Cultures

• D.

Beliefs

Concept: Ways Managers can Encourage Ethical Behavior

Mastery : 100% Questions : • 11

• 12

• 13

Materials on the concept:

• Encouraging Ethical Behavior

• Codes of Ethics and Decision Rules

• Managing Social Responsibility and Ethics

• Independent Social Audits

11.

A ________ is a formal statement of an organization’s primary values and the ethical rules it expects its employees to follow.

• A.

mission statement

• B.

code of purpose

• C.

code of ethics

• D.

vision statement

12.

Organizations create an ethical code that exemplifies the values and morals they want to uphold in conducting business. One category of an ethical code typically consists of being a dependable organizational citizen. Activities that can be included in this section are

• A.

complying with antitrust and trade regulations

• B.

complying with accounting rules and controls

• C.

providing high-quality products or services

• D.

demonstrating fairness and honesty

13.

___________________ evaluate management practices related to the organization’s ethical code.

• A.

Protective mechanisms

• B.

Whistle-blowers

• C.

Financial disclosures

• D.

Independent social audits