Strayer HRM 522 HRM/522 HRM522 MIDTERM Solutions

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HRM 522 Week 5 Midterm Answers (Strayer)

  1. The 1960s saw a rise of consumerism. What is consumerism?
  2. Which of the following is not one of the benefits of being ethical and socially responsible in business?
  3. The six principles of the Defense Industry Initiative on Business Ethics and Conduct became the foundation for
  4. Social responsibility is
  5. One of the major ethical issues President Obama’s administration focused on was
  6. Which of the following is not one of the rights spelled out by John F. Kennedy in his “Consumers’ Bill of Rights”?
  7. ________ is essential in building long-term relationships between businesses and consumers.
  8. Principles are
  9. Stakeholders’ power over businesses stems from their
  10. The first of the three activities that are associated with the stakeholder orientation is the
  11. Which of the following do not typically engage in transactions with a company and thus are not essential for its survival?
  12. The degree to which a firm understands and addresses stakeholder demands can be referred to as
  13. Why do critics argue that high compensation for boards of directors is a bad thing?
  14. The ________ model is founded in classic economic precepts.
  15. The specific steps for implementing the stakeholder perspective do not include which of the following?
  16. What are the four levels of social responsibility?
  17. ________ is an important element of virtue and means being whole, sound, and in unimpaired condition.
  18. In marketing communications, lying causes predicaments for companies because it destroys
  19. An activity is probably ethical if it
  20. Accountants must abide by a strict code of ethics that defines their responsibilities to
  21. War metaphors are common in business. This kind of mindset can be dangerous for business leaders because
  22. A company can be sued for discrimination if it
  23. Ethical issues in business typically arise because of conflicts between individuals’ personal moral philosophies and values and the
  24. ________ is defined as any purposeful communication that deceives, manipulates, or conceals facts in order to create a false impression.
  25. Which of the following is not an aspect of the institutionalization of social responsibility?
  26. Anticompetitive strategies that focus on weakening or destroying a competitor have spurred antitrust legislation and include all of the following except
  27. Companies that ________ will most likely be found in violation of procompetitive legislation.
  28. Which of the following acts can be classified as procompetitive legislation?
  29. Title VII of the Civil Rights Act of 1964
  30. The primary objective of U.S. antitrust laws is to
  31. The ________ was called “a sweeping overhaul of the financial regulatory system…on a scale not seen since the reforms that followed the Great Depression.”
  32. The Sarbanes-Oxley Act created the ________ to oversee the accounting firms that audit public corporations and to establish rules and standards for auditing.
  33. ________ is an organizational factor that gives a company specific characteristics. Over time, stakeholders begin to see the company as like a living organism with a mind and will of its own.
  34. Which of the following is not one of the six “spheres of influence” to which individuals are subject when confronted with an ethical issue?
  35. By incorporating ________ objectives into corporate core values, companies begin to view ________ as significant.
  36. Following the ethical directives of a superior relates to
  37. Studies have shown that ________ within the organization have more impact on a worker’s decisions on a daily basis than any other factor.
  38. Organizations that have ethics programs based on a ________ orientation are found to make a greater contribution than those based simply on compliance, or obeying laws and regulations.
  39. Companies take basic ________ and translate them into core ________.
  40. Which of the following is the first step in the ethical decision making process?
  41. The elements of ________ important to business transactions have been defined as trust, self-control, empathy, fairness, and truthfulness.
  42. When a person defines right and wrong on the basis of legal contracts, he or she is using which of Kohlberg’s stages of development?
  43. Which moral philosophy evaluates the morality of an action on the basis of principles or rules designed to promote the greatest overall utility rather than by examining situations individually?
  44. Which moral philosophy focuses on the rights of individuals and on the intentions associated with a particular behavior, rather than its consequences?
  45. ________ justice is based on the evaluation of outcomes or results of the business relationship.
  46. Through time an act can come to be viewed as unethical under which of the following philosophies and perspectives?
  47. ________ is considered the father of free market capitalism. He believed that business was and should be guided by the morals of good men.
  48. An individual who emphasizes others rather than himself or herself in making decisions is in which of the following of Kohlberg’s stages of development?
  49. An individual who emphasizes others rather than himself or herself in making decisions is in which of the following of Kohlberg’s stages of development?
  50. ________ justice considers the processes and activities that produce the outcome or results.