Management Entrepreneurship

Business

Quiz 3 :

Social-Responsiblity-

Quiz 3 :

Social-Responsiblity-

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Milton Friedman emphasizes the philanthropic side of social responsibility.
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True False
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False

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Over the past several years,the term social entrepreneur has emerged as a way to describe the use of business skills to marshal resources.
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True False
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True

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The mission statement is the foundation on which all other goals and strategies of a business are based.
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True False
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True

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Utilitarianism is rule-based or duty-based.
True False
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Social responsibility refers to the rules of moral values that guide decision-making.
True False
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According to the Reality Check box titled "Green Can Be Gold," efforts of businesses to act in a socially responsible manner toward the environment are known as environmental marketing.
True False
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The long-term planning tools used for viewing a business and its environment in the broadest of terms are known as the operational plan.
True False
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Historically,the primary role of business has been economic.
True False
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A hostile work environment in which work is unreasonably difficult is defined as a type of sexual harassment by the EEOC.
True False
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Social responsibility is the obligation of a business to maximize the positive impact it has on society and to minimize the negative impact.
True False
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Laws geared toward consumer protection became popular when Ralph Nader started the consumer protection movement in the early 1960s.
True False
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Strategic planning is the process of identifying the mission,goals,and objectives of a business.
True False
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Changes in ethical standards and values usually precede changes in laws.
True False
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Virtue ethics deals with the consequences of one's own actions.
True False
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The philanthropic goodwill level on the social responsibility pyramid is concerned with a company's obligation to be ethical and to do what is right,just,and fair.
True False
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A code of ethics is a formal statement of the long-range goals and plans for a company.
True False
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Philanthropy is the bottom level of the social responsibility pyramid.
True False
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When it comes to a code of ethics,companies should take a "three Ps" approach: Print it,post it,pray they read it.
True False
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A code of ethics that is supported and enforced by management will become a part of a company's culture.
True False
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The last step in the strategic planning process involves the establishment of control systems.
True False
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