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Question
A challenge involved in using a strictly consequentialist approach is that it is often difficult to obtain the information required to evaluate all of the consequences for all stakeholders who may be directly or indirectly affected by an action or decision.Answer
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Related questions
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Which of the following is legal according to the Foreign Corrupt Practices Act (FCPA) passed in 1977?
a) Payments to high ranking government officials
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The due care theory involves at least the elements set out below.
a. products and services meet all government regulations and specifications
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Organizations have many ethical obligations to their employees includinga. right to privacy, right to a safe workplace, right to promotional opportunitiesb. right to privacy, right to a safe workplace, right to freedom of speechc. right to a safe workplace, right to freedom of speech, right to promotional opportunitiesd. right to a safe workplace, right to freedom of speech, right to three weeks vacatione. right to fair treatment, right of privacy, right to c-level opportunities if they earned their MBA
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Which of these is not a primary stakeholder?
a) Owners
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In ethical decision-making and particularly in cases dealing with product safety, firms are best served when they consider the long-term consequences of a decision.
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Despite Johnson & Johnson's best efforts to respond to its customers by pulling Tylenol off shelves, the product has never regained its market share.
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The real proportion of wrong-doers is probably quite small.
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Reference: Matching Key Stakeholders and Regulatory Agencies
a) Guard rights of shareholders
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d) Guard rights of the community
The Federal Communication Commission (FCC)
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Reference: Matching Key Stakeholders and Regulatory Agencies
a) Guard rights of shareholders
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The Environmental Protection Agency (EPA)
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Reference: Matching Key Stakeholders and Regulatory Agencies
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Reference: Matching Key Terms and Definitionsa) Stakeholdersb) Primary stakeholderc) Secondary stakeholderOpinion formers, community, and authorities.
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a) economic
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Even if socially responsible business practices are costly, firms must perform them anyway.
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The pragmatic approach is more proactive and affirmative than the strategic approach because it asks companies to identify and acknowledge company activities that can do harm and encourages firms to scrutinize their practices and address potential harms by focusing on their own value-chain activities.
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The __________ reason for CSR offers managers a stronger basis for making decisions about which stakeholders and social responsibility issues should garner their attention and resources given the multitude of options available.
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The ________ reason for corporate social responsibility argues that businesses, as part of society, have a responsibility to behave in the right way.
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Continuous performance evaluation is categorized under which of the four drivers of employee engagement?
a) Line of sight
b) Involvement
c) Information sharing
d) Rewards and recognition
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This driver of engagement, __________, refers to the fact that employees should understand the company's strategic direction and how their individual efforts play a role in the company's revenue-generating enterprise.
a) line of sight
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Reference: Types of Employee Engagement
a) Actively engaged
b) Not engaged
c) Actively disengaged
Lucy is passionate and enthusiastic about her work. She is eager to go the extra mile.
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Managers earn their subordinates' credibility and respect by setting clear standards, deliberately communicating those standards, and insisting that all adhere to the standards.
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Research finds that the intention of most dress codes is to restrict individuality and project the company image.
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Turkey farming is the fine art of placing poor performers alongside strong performers so that the organization benefits.
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Given that performance evaluations have little effect on employee performance, evaluating employee performance once every 18 months is sufficient.