Topic 5

________ is defined as a business firm's intention, beyond its legal and economic obligations, to do the right things and act in ways that are good for society.

• A) Social obligation

• B) Social responsibility

• C) Social screening

• D) Values-based management

Target's donation of 5% of its annual income to community support is an example of ________.

• A) social engineering

• B) social screening

• C) corporate responsiveness

• D) corporate philanthropy

How can managers identify the ethically questionable applicants even before they become part of the workforce?

• A) By performing background checks

• B) By requiring letters of recommendation

• C) By favoring candidates who come with a reference from existing employees

• D) By including integrity testing in the selection process

A ________ is a formal statement of an organization's primary values and the ethical rules it expects its employees to follow.

• A) mission statement

• B) values statement

• C) code of ethics

• D) vision statement

Social obligation is the obligation of a business to meet its ________.

• A) social and legal responsibilities

• B) economic and social responsibilities

• C) social and economic responsibilities

• D) economic and legal responsibilities

If your university was paying minimum wage when necessary and applying the minimum legal standards to its employees' work environment, it would be said to have fulfilled its ________.

• A) social obligation

• B) social responsibility

• C) social responsiveness

• D) social expectation

The ________ view of social responsibility holds that management's only social responsibility is to maximize profits.

• A) socioeconomic

• B) classical

• C) sociocultural

• D) neoclassical

The ________ view is that management's social responsibility goes beyond making profits to include protecting and improving society's welfare.

• A) sociotechnical

• B) socioeconomic

• C) sociocultural

• D) sociopolitical

 If your university provides job-share programs, builds a day-care facility, and only uses recycled paper, it could be said to be ________.

• A) fulfilling its social obligation

• B) socially aware

• C) socially responsive

• D) socially image conscious

A U.S. business that provides on-site childcare facilities for employees as part of a negotiation with its union is ________

• A) being socially responsive

• B) fulfilling its social obligations

• C) adopting social screening

• D) practicing green management