BA 300 SDSU Austin Midterm 2 Exam
Questions And Answers
Objectivism -
correct answer ✅- The primary obligation of a human is to be
rational at all times
- Can only convince people through reason
- Build yourself into the best human you can possibly be
(ex. Marrying someone because they will allow you to be the best
human you can be)
Start Up as CSR -
correct answer ✅A social investment for shareholders
They know at IPO that the company is a normative CSR
Biggest Con of Objectivism -
correct answer ✅- Individualistic
too self-centered
- Judgmental
"you're not doing what you're supposed to be doing to become the
best you can be so I'm not going to be friends with you"
, BA 300 SDSU Austin Midterm 2 Exam
Questions And Answers
Normative CSR -
correct answer ✅Corporations should engage in CSR programs bc
it's the right or moral thing to do even at the expense of profits
(participating in charity even if it makes you lose profits)
Challenges to Shareholder Value -
correct answer ✅- Difficult to rely on self-interested business
people to act on shareholder's behalf so market mechanisms are
required to make sure the right thing is being done
- Corporate responsibility lies in ensuring effective corporate
governance mechanisms to protect the long term interest of
shareholders
Biggest Con of Integrative Social Contracts Theory -
correct answer ✅Hard to figure out what the local norms are
Ethics of Care Example -
correct answer ✅Founder might have a whole different purpose
than making a lot of money, maybe working from 9am-3pm so they
can't pick up their kids or go surfing if they want (usually smaller,
entrepreneurial companies)
Questions And Answers
Objectivism -
correct answer ✅- The primary obligation of a human is to be
rational at all times
- Can only convince people through reason
- Build yourself into the best human you can possibly be
(ex. Marrying someone because they will allow you to be the best
human you can be)
Start Up as CSR -
correct answer ✅A social investment for shareholders
They know at IPO that the company is a normative CSR
Biggest Con of Objectivism -
correct answer ✅- Individualistic
too self-centered
- Judgmental
"you're not doing what you're supposed to be doing to become the
best you can be so I'm not going to be friends with you"
, BA 300 SDSU Austin Midterm 2 Exam
Questions And Answers
Normative CSR -
correct answer ✅Corporations should engage in CSR programs bc
it's the right or moral thing to do even at the expense of profits
(participating in charity even if it makes you lose profits)
Challenges to Shareholder Value -
correct answer ✅- Difficult to rely on self-interested business
people to act on shareholder's behalf so market mechanisms are
required to make sure the right thing is being done
- Corporate responsibility lies in ensuring effective corporate
governance mechanisms to protect the long term interest of
shareholders
Biggest Con of Integrative Social Contracts Theory -
correct answer ✅Hard to figure out what the local norms are
Ethics of Care Example -
correct answer ✅Founder might have a whole different purpose
than making a lot of money, maybe working from 9am-3pm so they
can't pick up their kids or go surfing if they want (usually smaller,
entrepreneurial companies)
