CSR and Ethical theories

A teleological approach to business ethics proposes that the guiding principle should be

• Practice

• People

• Purpose

• Power

Milton Friedman stated his belief that 'there is only one social responsibility' for a company to use its resources to

• Give as much to charitable causes as possible

• Ensure employment

• Provide good facilities for workers

• Increase profit so long as it stays within the rules of the game

Corporate social responsibility that extends beyond legal mandates can help meet societal expectations in the absence of

• Statutory devices

• Social obligation

• Cost obligation

• Science tool

Carroll's model of social responsibility includes the social responsibilities categories of _____________, ____________, and _____________ plus those at the discretion of the firm.

• consumerism; discrimination; environment

• ethical responsibilities; discrimination; legal responsibilities

• ethical responsibilities; legal responsibilities; economic responsibilities

• occupational safety; legal responsibilities; economic responsibilities

If you believe in making decisions for the good of most people, you can be described as following which school of thought?

• utilitarianism

• teleology

• deontology

• egoism

Which moral philosophy seeks the greatest good for the greatest number of people?

• Consequential ism

• Egoism

• Utilitarianism

• Ethical formalism

The corporate governance structure of a company reflects the individual companies’:

• Cultural and economic system.

• Legal and business system.

• Social and regulatory system

• All

Which of the following does the term Corporate Social Responsibility relate to?

• Ethical conduct

• Environmental practice

• Community investment

• All

What is meant by the phrase 'teleological ethics'?

• Is used to judge is an action is right, fair and honest.

• An action can only be judged by its consequences.

• Developing the individual personal characteristics

• The key purpose of ethics is to increase freedom.

The ________ dimension of social responsibility refers to a business's societal contribution of time, money, and other resources.

• Ethical

• Philanthropic

• Volunteerism

• Strategic