1. A company that doesn\'t just make money but makes a difference in the world a
ID: 442276 • Letter: 1
Question
1. A company that doesn't just make money but makes a difference in the world and gives back to the community is a company that engages in_______
a. egoism
b. Social responsibility
c. Kohlberg's preconventional
d. Sarbanes- Oxley
e. relativism
2. If Dancing Deer Baking Company is baking with all natural ingredients because they think that all natural ingredients will provide the most benefit for the greatest number of people, what kind of ethical reasoning would they be using?
a. ethical climate
b. Utilitarianism
c. Universalism
d. Egoism
e. Relativism
3.All employees receiving the same levels of benefits is an example of what?
a. Social responsibility
b. Corporate ethical standards
c. Egoism
d. Relativism
e. Compliance based ethics
4. Wanting employees to be better off in the long run and not just the short run is an example of what?
a. Corporate ethical standards
b. Legal responsiblity
c. Principled moreal reasoning
d. Philanthropic duties
e. Compliance- based ethics
5.Giving everyone "a stake in the outcome in the truest sense makes us a better company" is an example of what?
a. Virtue ethics
b. Utilitarianism
c. Relativism
d. The Caux principles
e. Egoism
6. Dancing Deer Baking Company offering 35 percent of its profits to charitable organizations is an example of what?
a.Social responsibility
b. Economic responsiblity
c. Veil of ignorance
d. Ecocentric management
e. Life-cycle analysis
c.
d.
e.
Explanation / Answer
1. Social responsibility
It is an initiative to benefit the society
2. Utilitarianism
It says that ethical actions are those that offer maximum volume of benefits
3. Corporate ethical standards
Companies follow a culture which promote fairness and benefit for employees
4. Corporate ethical standards
Companies follow a culture which promote fairness and benefit for employees
5. Virtue ethics
It is a practice of equality where everyone responsible for the profit should be rewarded equally
6. Social responsibility
It is an initiative to benefit the society especially the needful people through charitable organization.
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