CSR and Business Ethics

What is not in Carroll's Four Responsibilities of Business?

• Economic

• 1. Legal

• Ethical

• Innovation

How many Steps of Stakeholder Analysis?

• 1

• 2

• 3

• 4

Which statement is correct about CSR?

• Incur much cost to do

• Does not come as a prohibitive cost

• May decrease savings and profit

• All are correct

Which of the following is not 3 fundamental ethical approaches mentioned during our presentation?

• Utilitarian approach

• Moral rights approach

• Individualism approach

• Social justice approach

Managers who adopt ____ judges the effects of a particular action on the people directly involved, in terms of what provides the greatest good for the greatest number of people.

• Utilitarian approach

• Code of business ethics

• Moral rights approach

• Social justice approach

A system of moral principles or rules of conduct relating to human behavior

• 1. Ethical dilemma

• Code of ethics

• Guilt

• Reputation

___ are the moral principles that reflect society’s beliefs about the actions of an individual or group that are right or wrong

• 1. Customs

• 1. Traditions

• 1. Cultures

• Ethics

Which one is not one of the five principles of Successful Collaborative Social Initiatives?

• 1. Identify a long-term durable mission

• 1. Contribute “What we do”

• 1. Weigh government’s influence

• 1. Embed CSR activities into everyday practices

Assemble and value the total package of benefits is not one of the five principles of Successful Collaborative Social Initiatives?

• True

• False

Businesses are the trustees of societal property that should be managed for the public good v.s. Profit maximization is management’s only goal. This is the CSR Debate.

• True

• False