LES 305 Quiz 1 with correct Answers
Inherence School of Social Responsibility - AnswerAdvises managers to act only with shareholder's interests in mind
/.Enlightened Self-interest School of Social Responsibility - AnswerAdvises managers to be responsible to the shareholders by being responsiv...
LES 305 Quiz 1 with correct Answers
Inherence School of Social Responsibility - AnswerAdvises managers to act only with
shareholder's interests in mind
/.Enlightened Self-interest School of Social Responsibility - AnswerAdvises managers to
be responsible to the shareholders by being responsive to the larger society.
/.Invisible Hand School of Social Responsibility - AnswerRole of business is to serve
larger society, but does so best when serving only shareholders.
/.School of Social Responsibility - AnswerRole of business is to serve society as a
whole and should do so by directly serving the needs of society.
/."Toes to the Line" Philosophy - AnswerDoing no more than what is required under the
law while violating the intent of the law.
/.Censorship - AnswerACLU (American Civil Liberties Union) defines it as the
"Suppression of words, images or ideas that are 'offensive'."
/.Morals Clause - AnswerPart of a contract for actors, athletes and others that prohibits
private conduct that would subject that person to public ridicule.
/.Divine Command Theory - AnswerEthical standard are based upon religious beliefs.
/.Contractarians and Justice - AnswerPutting ethical standard in place by social
contract. The contract is built by rational thinking people that develop a set of rules for
everyone.
/.Utilitarian Theory - AnswerGreatest good for the greatest number of people
/.Front Page of the Newspaper Test - AnswerWhen contemplating a business action,
one must ask whether they would be comfortable seeing the act on the front page of the
newspaper to be viewed by friends, family, or colleagues.
/.Moral Relativists - AnswerTime-and-place ethics; making ehtical choices based on the
circumstances.
/.Laura Nash - Answer12 Questions that help clarify what constitutes an ethical
dilemma, and steps to solve it.
/.Ethical egoism - AnswerStates we all act in our own self-interest and limit our
judgements to our own conduct, not the conduct of others.
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