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MANAGEMENT 002 Chapter 3 Managers and Society (Corporate Social Responsibuility

ID: 360876 • Letter: M

Question

MANAGEMENT 002 Chapter 3 Managers and Society (Corporate Social Responsibuility protects and improves both the welfare of society and the interests of the organization regulation of safety and health conditions in nongovernment workplaces. 3) Any individual or group that is directly or indirectly affected by an 2) The primary function of the Consumer Product Safety Commission is the organization's decisions is called a stakeholder. 4) Organizations that do not take the social obligation approach usually achieve responsibility approach. 5) A social audit is conducted to measure the present social responsibility activities higher levels of social responsiveness than organizations that take the social of an organization to assess its performance in this area. 6) All companies should take social responsibility measurements in the quality-of- life area and the economic function area. 7) The utilitarian standard advocates the view that people should act in a way they would expect others to act toward them. 8) Two practices that commonly inspire unethical behavior in organizations are to give unusually high rewards for good performance and unusually severe punishments for poor performance. 9) A whistle-blower is an employee who performs quality reviews within an organization and reports flaws in the processes. 10) The areas in which business can act to protect and improve the welfare of society are numerous and diverse. Which of the following is NOT an example of an area of social responsibility?

Explanation / Answer

1. True.

It is upon the managers of the organizations to take up their responsibility towards society to address the current social needs.

2. False.

The primary function of CPSC is to protect consumers of the product from possible and unreasonable injuries from consumer products.

3. True.

Individuals or groups who are affected by decisions taken by an organization are stakeholders of the company.

4. False.

Organizations that take socially responsible approach achieve better or higher level of social responsiveness.