Chapter 6 II.

Question 1

Primary responsibility of management: Maximize profit within the law

Answer 1

Economic Model of CSR

Question 2

Business is embedded within a web of social relationships of mutual rights and responsibilities. Business manager have responsibilities to a range of stakeholders.

Answer 2

Stakeholder model of csr

Question 3

Social responsibility is integrated directly into the mission and purpose of the corporations

Answer 3

Integrative model of csr

Question 4

understand that long-term company value is based on the capability of the enterprise to respond to society’s changing needs.

Answer 4

Business Leaders

Question 5

search for products and services of companies they believe are doing the “right thing” in terms of consumer protection, human rights and the environment

Answer 5

Consumers

Question 6

have a preference to work for companies whom they share similar mission and values, and where they can make a contribution to society.

Answer 6

Employees

Question 7

look for companies that recognize and manage their risks, and are entrepreneurial in terms of attitude in identifying emerging and promising business opportunities.

Answer 7

Investors

Question 8

want to know that businesses are being good citizens.

Answer 8

Local Communities

Question 9

expose some examples of best or worst practices to spotlight, in this way companies with good practices are given incentive in the form of free mileage, companies performing worst practices are given disincentive through exposure.

Answer 9

Media

Question 10

expose these examples of irresponsible corporate and campaign for greater corporate accountability and transparency.

Answer 10

NGOs

Question 11

want to make certain that business activities not only generate opportunities, jobs and economic growth but also help solve serious problems such as climate change and environment.

Answer 11

Regulators

Question 12

is a leadership that is concerned in leading in a manner that respects the rights, dignity and stake of others.

Answer 12

Ethical Leadership

Question 13

refers to system, values, philosophies and principles that govern the behavior of organizational members which are the consequences of organizational pronouncement.

Answer 13

Ethics in organization

Question 14

is the process of trying to establish organizational values from which ethical decisions will be based from.

Answer 14

Ethical Decision Making

Question 15

is defined as choosing between choices or options.

Answer 15

Decision Making